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Innovativ Media (INMG) Posts Record 2016 Financial Results

7:30 am ET March 8, 2017 (Market Wire) Print
Revenues increase over 88% and EBITDA over 2200%

LOS ANGELES, CA--(Marketwired - Mar 8, 2017) - Innovativ Media Group, Inc. (OTC PINK: INMG) ("Company"), a multi-media content producer and distributor, today announced record results for its fiscal year ended December 31, 2016. Company revenues increased over 88% from $98,792 to $185,995 and EBITDA increased by over 2200% from $1,880 to $43,552, the highest in Company history. The Company has posted 6 Quarters of successive earnings since acquiring the Innovativ Media entertainment assets in mid-2015.

"The INMG media assets provide the Company with a stable and reliable base from which we intend to build upon in the coming months with several new projects we have been developing," said Company CEO Tom Coleman.

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