Friday, May 11, 2018 9:39:13 AM
Don't fall into the trap that Tom is working a deal to sell the company. He doesn't have any revenue to support that. Someone could buy every share of the company at today's prices for less than $3MM. Why would they pay 10 times that? A lucrative sale of INMG would only come after much financial success.
What we're about to learn is that INMG is actually going to start doing business, Grand Opening, if you will.
NOTE 7 – COMMITMENTS AND CONTINGENCIES
The Company neither owns nor leases any real or personal property. An officer has provided office facilities and services
and the Company is only obligated to pay for technical services and certain office expenses but no rent. There is no
obligation for this arrangement to continue. Such costs are immaterial to the financial statements and accordingly are not
reflected herein. The Company is primarily outsourcing the continuing development, day to day operation and ad sales of
the CannaNet.TV platform and LocalCannabisDispensary.com to third parties via contractual relationships. The Company
is investigating and testing the viability of providing direct marketing support for its Kush Processing credit card merchant
banking services business for the legal cannabis, hemp and CBD industry. The maintenance, operation and continuing
content procurement for the Channel and Directory will require material ongoing investment. The Company intends to
principally support the platforms development and operation from its cash flows.
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