More thoughts on INMG....
I like the Demand Brands acquisition, primarily because it puts a couple of experienced guys on the board with Tom. Developing sales and marketing channels is not Tom's thing. He's a Hollywood Producer. Beyond making movies and generating entertainment content, I'm not sure what else he'd be doing for INMG's day to day operations. Sales, marketing, and product develop are all very specific skills.
Secondarily, I like the acquisition because it sets the wheels in motion for uplisting. Stock price appreciation is dependent on share buying volume. Uplisting will open INMG up to an entirely new class of investor, those that insist on transparency before putting their money to work. And, more importantly, a class of investor that isn't looking to scalp 10% by noon tomorrow. They will buy and hold, as long as the company is producing. This takes the shares out of the hands of beer money flippers, who essentially control INMG today. Getting out of the pink sheet cesspool is the necessary first step to becoming a real company.
With this acquisition, INMG will now have 11 different brands in house:
1- Lux Digital Library
2- Cannanet.tv
3- Kush Processing
4- Local Cannabis Dispensary
5- NIGHT FLIGHT
6- Infusional
7- Weedies Edibles
8- Eagle Energy
9- Oil of Sunshine
10-CoCos Pure
11-The Canadian Organic Company
How many of these are actually producing REVENUE!? We know that Tom isn't really selling much of the 5 original brands. A few of the 6 new Demand Brands franchises are selling, but to what degree? Can't be much, Hannan and Peckham started the company about a year ago, these things take time to develop.
At this point I consider that INMG is officially open for business on the day the Demand Brands deal closes.
We are all truly in on the ground floor.
