Honest OTC Investments

[Themistocles_I]

(INMG) Innovativ Media Group Prepares for World Wide Launch of CANNANET.TV

INMG Security Details Share Structure
Market Value1 $2,480,696 a/o Jun 16, 2017
Authorize Shares 250,000,000 a/o April 19, 2017
Outstanding Shares 206,724,670 a/o April 19, 2017
Float 81,412,015 a/o April 19, 2017
https://www.otcmarkets.com/stock/INMG/profile

The CEO, Tom Coleman owns 92M shares of the outstanding shares. NO CONVERTIBLE DEBT
https://www.otcmarkets.com/news/otc-financials

INNOVATIV MEDIA (INMG) TO LAUNCH CANNANET.TV IN EUROPE

LOS ANGELES, CA – April 27, 2017 – (Access Wire), Innovativ Media Group, Inc. (OTCPK:INMG) (“Company”), a multi-media content producer and distributor, today announced that it will also be launching its new online, ad supported platform and channel CannaNet.TV http://www.cannanet.tv/ in Europe via http://www.cannanet.eu and will offer a German language version at http://www.cannanet.de/ The channels will stream curated and original entertainment, informational and educational video content related to the Cannabis and CBD culture and industries featuring customized programming for the European and German markets. The Company will be represented at the Mary Jane Conference in Berlin, Germany this June. (which was this weekend by the way) http://maryjane-berlin.com/
“Outside the US the Cannabis industry is growing at an even more rapid pace in less regulated environments so establishing CannaNet as a worldwide brand is a prime objective. We especially see near term opportunities in the Germany,” said Company CEO, Tom Coleman.

INNOVATIV MEDIA (INMG) TO BE AN EVENT SPONSOR AT MJAC 2017

LOS ANGELES, CA – May 2, 2017 – (Access Wire), Innovativ Media Group, Inc. (OTCPK:INMG) (“Company”), a multi-media content producer and distributor, today announced it will be a premium event sponsor at MJAC 2017 the InvestorsHub International Cannabis Conference to be held in Los Angeles, California September 1-2, 2017. The Company will host a prominent booth and will make a presentation of the CannaNet.TV platform, its new online, ad supported channel http://www.cannanet.tv/ which will stream curated and original entertainment, informational and educational video content related to the Cannabis and CBD culture and industries. “MJAC 2017 will be a major industry conference and we believe it a fitting forum to introduce CannaNet. TV” said Company CEO, Tom Coleman.
Matthew Collom of InvestorsHub.com added: “We are pleased to have Innovativ Media Group, Inc. as one of our premium sponsors. The CannaNet platform is quite innovative and we believe it will be of substantial interest to our MJAC 2017 attendees. We are pleased that INMG is choosing to debut it at our Conference.”

So, in essence, what we are learning is INMG is moving quite fast on launching their new channel with the primary goal to make the Cannanet.TV platform a worldwide brand. As noted above in the two most recent press releases, Cannanet.TV announced they will be attending several events and festivals in the coming weeks and months. In my opinion, this will attract many new investors, and more importantly viewership and prospective cannabis companies (medicinal, recreational, edibles/food, accessories, etc) looking for advertising/commercial time on the channel. INMG has a tremendous amount of revenue possibility in the Cannabis Industry & Culture from original entertainment, educational or informational programming content, along with the ad and commercial supported platform. This makes INMG an exciting growth micro stock with limitless potential upside if the company executes their vision and strategy properly. Tom Coleman, the CEO, has a prove track record in the media/entertainment industry so the odds are very much in investors favor. Check out https://en.wikipedia.org/wiki/Tom_Coleman

Next, I would like to review some important information that I believe is critical in understanding the value of INMG from recent filings:

1- $185,995 reported revenue in 2016
2- $43,552 reported profit in 2016
3- Zero Convertible Notes or Debt
4- Approximately $2.7M in assets reported in 2016
5- $17k total debt on the books in 2016
6- CEO, Tom Colemen is a very well connected and highly successful executive producer, in the entertainment industry. Again, see https://en.wikipedia.org/wiki/Tom_Coleman
7- Filed OTC Attorney Letter on April 22, 2017 and from previous press release have stated a major interest in upgrading to the OTCQB.


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To elaborate on the lack of convertible debt, I emailed the company back in April asking about this.

EMAIL RESPONSE FROM INMG 4/27/2017


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.

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Preferred stock is a special class of shares which may have any combination of features not possessed by common stock.

All stocks have preferred shares to protect insiders voting rights and investment. (Apple, IBM, Microsoft, etc.)

The most relevant factor here regarding INMG is what to measure when looking at the possibility of dilution. That would be the current share structure: Authorized shares, Outstanding shares, and Float.
With regard to the preferred stock series, they cannot be considered 'issued' like common stock because of Rule 144 (SEC). In other words, converting the whole series entity of preferred to common shares would go completely against the rules. Why? Rule 144 states conditions that companies must follow. Since INMG is a reporting company, they must comply with the periodic reporting requirements of the Securities Exchange Act of 1934. INMG has been fully compliant!!! https://www.sec.gov/reportspubs/investor-publications/investorpubsrule144htm.html

Preferred series stock is usually included for directors, insiders, voting power, etc... We have correspondence directly from INMG, which they point out, that preferred shares come with restrictions. These restrictions have sets of rigid standards set by regulators. This happens to be a non-issue since there is no convertible debt on the books, anyhow. Preferred series shares will take years before they are issued, if ever.

THEREFORE...

The Company as of March 31, 2017 had 11,139 shares of Series B Preferred Stock authorized and 8,132 issued and outstanding. The issued and outstanding Series B preferred Stock is subject to a lock up and redemption agreement. The Series B Preferred Stock is convertible into Common Stock on a basis of 1 Preferred share to 2,500,000 Common shares and is non-dilutive as to stock splits. 11 shares were converted into 27,500,000 Common Shares during the 1st Quarter of 2017.

The issued and outstanding Series B preferred Stock is subject to a lock up and redemption agreement.

Basically, what the preferred B provides controlled funding to the company in very small increments when needed. This is A LOT BETTER THAN TOXIC CONVERTIBLE DEBT in which they WOULD HAVE NO CONTROL OF WHATSEOVER.

It's obviously being used to build the channel and they bought cannanet.tv assets with $112k

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What is important here is, how many stocks do you know on the otc that have all these positive factors in their financials? Most companies on the over-the-counter market are straddled by huge debt and toxic convertible notes that make it nearly impossible for investors to ever see value in a return from their investment. Innovativ Media Group, Inc (INMG) has none and that is why I really like the prospects of a dramatic increase in value in INMG in the weeks and months to come.

How many companies on the otc market are actually earning revenue, profit, and have little to no liabilities with about several million dollars in fixed assets? The answer is less than 5%, but INMG is one of them that has attained these milestones over the course of the six quarters since new CEO Tom Coleman took over.

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.


MUST VIEW LINKS OF OUR CEO, TOM COLEMAN Forming a Cannabis related Media and Entertainment company are simple gigantic!! Demand in the US, Canada & Europe will be enormous...
Imagine they can start sales channels for Cannabis related products...
CBD Oil Beauty & medical products marketed worldwide by their network of channels...
I see impressive possibilities with Tom´s connections and this market...

https://en.wikipedia.org/wiki/Tom_Coleman

https://www.facebook.com/HollywoodReporter/videos/10154183599417750/

http://www.hollywoodreporter.com/features/i-was-carrie-fishers-1978-oscar-date-spielberg-lucas-a-3-am-afterparty-john-belushi-977441

http://www.hollywoodreporter.com/heat-vision/carrie-fishers-1978-oscar-date-recalls-his-unexpected-evening-star-wars-royalty-978323

http://www.vanityfair.com/style/2017/02/carrie-fisher-debbie-reynolds-oscar-date-1978

http://www.radiotimes.com/news/2017-02-23/carrie-fishers-1978-oscars-date-wrote-a-heartfelt-essay-about-his-evening-with-a-real-life-princess

NOTE: Please do your own due diligence before buying or trading any stock or INMG. Everything here is of my opinion and due diligence with supportive links.