Demand Brands Inc. (DMAN)

[greenwillow]

RE: Wooden Indian...it's in the Q1 2017 Filing:

Couldn't reply to your message, I'm not a paying member. I'm new to the hub, but an experienced investor....not an alias. INMG is one of the first stocks I found on here in may. I like it, I've bought some shares recently. Maybe, I'll buy more.



Filed Q1 2017 https://www.otcmarkets.com/financialReportViewer?symbol=INMG&id=171675

"NOTE 8 – SUBSEQUENT EVENTS
On April 10, 2017 the Company finalized an agreement with an Estonian entity CannaTV OÜ to acquire certain media
assets of CannaTV that the Company intends to develop into an online ad supported platform and channel which will
stream curated and original entertainment, informational and educational video content related to the Cannabis and CBD
cultures and industries (“Channel”). The Company acquired the assets for an aggregate purchase price of $112,000 in a
combination of cash, promissory note and stock. The Company has only expensed the cash portion of this obligation in its
1
st Quarter Financial Statements accrued development expense and accounts payable. The Channel shall require
additional capital investment prior to launch which the Company expects to be in the 4th Quarter of 2017. In accordance
with ASC Topic 855-10, the Company has analyzed its operations subsequent to May 9, 2017 the date these financial
statements were issued, and has determined that it does not have any other material subsequent events to disclose in these
financial statements other than the events discussed above."