Here are a few things to keep in mind, and I'm not pumping here. I'm just being honest. With what they have in store for this company, the BUZZ will be on INMG well before the fall. They are going to festivals, hitting news stations, etc...
This is a ground floor opportunity for the next HGTV or Sci-Fi channel.
To repeat what was posted earlier for the record:
EMAIL RESPONSE FROM INMG
With regard to the series B stock and the accusation to dilute shares.
RESPONSE: Preferred shares are restricted and would in any event be limited to conversions subject to affiliate status rules. A far better indicator of prospective dilution is a Company’s debt and INMG has none.
With regard to the company not being a legal entity.
RESPONSE: INMG is a Washington State Company in good standing. There is a Wyoming private corporation in the same name that holds the stock of the controlling shareholder. The Company’s FS addresses all issues with respect to P&L.
With regard to the attorney supposedly lying about the uplisting.
RESPONSE: INMG filings including its annual required “Attorney Letter” is in complete compliance with all SEC and OTC rules
With regard to NOTE 3: UNAMORTIZED FILM COSTS AND SPORTS BUSINESSES WRITE DOWN
RESPONSE: The above is a fairly typical accountant's note regarding amortization which in this case refers to a large content library the Company acquired and is required to write down periodically. Have no idea why they think this is in anyway a negative – it shows proper accounting and a strong balance sheet.
INMG Security Details
Share Structure
Market Value1 $3,038,853 a/o Apr 26, 2017
Authorized Shares 250,000,000 a/o Apr 19, 2017
Outstanding Shares 206,724,670 a/o Apr 19, 2017
Float 81,412,015 a/o Apr 19, 2017
LOS ANGELES, CA -- March 9, 2017 -- InvestorsHub NewsWire -- Innovativ Media Group, Inc. (OTCPK: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.
INNOVATIV MEDIA GROUP (INMG) ACQUIRES CANNANET.TV
LOS ANGELES, CA -- April 12, 2017 -- InvestorsHub NewsWire -- Innovativ Media Group, Inc. (OTCPK:INMG) (“Company”), a multi-media content producer and distributor, today announced it has acquired the media assets of Canna TV OÜ and will be launching a new online, ad supported platform and channel CannaNet.TV cannanet.tv/ which will stream curated and original entertainment, informational and educational video content related to the Cannabis and CBD culture and industries.
CannaNet.TV cannanet.tv/ will program a broad mix of live action and animated series, news shows, specials, music videos and tutorials on an independent platform and expects to eventually offer interactive and ecommerce applications.“Successful new video networks require large, organized communities and clearly defined audiences and we believe the burgeoning Cannabis space will enthusiastically respond to and support a professionally programmed and managed channel” said Company CEO Tom Coleman. Coleman continued “When these assets became available we moved fast as they will give us a foundation to jump start and develop the network. We expect the platform will be an attractive advertising medium for a wide range of Cannabis and CBD related businesses, products and services looking to target customers, which to date, have had limited online advertising options”.
