Demand Brands Inc. (DMAN)

[DJN]

L@@K FAMILIAR: INMG to Split Its Stock, Decrease Authorized Shares and Pursue an OTCQB Listing


REVERSE SPLIT WAS COMPLETED, BUT THE UPLIST NEVER HAPPEN!!!

THE OS WAS ALREADY INCREASED FOR THE NEXT REVERSE SPLIT.

08/13/2018
Outstanding Shares
362,224,670



April 20, 2016 09:30 ET

Innovativ Media Group (INMG) to Split Its Stock, Decrease Authorized Shares and Pursue an OTCQB Listing

LOS ANGELES, CA--(Marketwired - Apr 20, 2016) - Innovativ Media Group, Inc. (OTC PINK: INMG) ("Company"), announced that in order to improve shareholder liquidity, attract new shareholders and investors and to pursue acquisition strategies, the Company has reversed split its common stock at a ratio of 500 to 1, effective today, and it intends to substantially decrease its authorized shares and to seek an upgraded listing on the OTCQB by the end of 2016.

Company CEO Tom Coleman said, "We believe that these corporate actions are in the best interest of all existing and prospective shareholders as they will allow us to take advantage of our strong financial position and to grow the Company and business in a manner not achievable previously."

Here's the link for you to validate...

http://www.marketwired.com/press-release/innovativ-media-group-inmg-split-its-stock-decrease-authorized-shares-pursue-otcqb-listing-otc-pink-inmg-2116764.htm


All OTCQB companies must meet the minimum bid price of $.01 per share at the close of business of at least one of the previous thirty (30) consecutive calendar days; in the event that the price falls below $.01, the company will begin a grace period of 180 calendar days to maintain a closing bid price of $.01 for ten consecutive trading days;

http://www.legalandcompliance.com/securities-law/otc-market-compliance/otc-markets-listing-requirements/


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