Followers | 1677 |
Posts | 38834 |
Boards Moderated | 4 |
Alias Born | 11/03/2010 |
Wednesday, September 19, 2018 8:39:48 AM
The key here is this: (*many cannabis sector companies startups/companies went from under .01 to dollars..WE HAVE ALL SEEN THEM....IT HAPPENS....INMG is positioned to do the same with its TINY FLOAT, UPLISTING, AUDIT/FULLY REPORT, 2 NEW DIRECTORS TO ASSIST TOM, GROWING COMPANIES TO ITS PORTFOLIO, GROWING REVENUE STREAMS WITH ITS PARTNERSHIPS, ETC....THE MARKET CAP HERE IS SUPER RIDICULOUS AND UNDERVALUED....GO LOOK AT SOME OF THE OTHER ONES WITH $50 TO $100 MILLION DOLLARS + IN VALUATIONS IN MARKET CAPS WITH HUGE FLOATS AND NOT VERY PROFITABLE & THEN LOOK AT INMG AND ARE SITTING ABOUT AT $2 MILLION AT .0055 WITH A TINY FLOAT, NO DILUTION AND VERY LITTLE DEBT UNLIKE MANY OF THESE OTHER COMPANIES WITH HUGE DEBT.
0- Investor Relations IR and Branding Company TBA shortly...Yes delayed again over a month but as we know most things get delayed for whatever reasons and to find the right fit is a challenge at times....but as per PR...that is coming out shortly been told.
1- WeediesEdibles.com and Infusional.com are OWNED and under INMG now and will be launching shortly...yes they are delayed about a month now....but nothing ever happens on time as stated above....LOOK FOR THEM TO GO LIVE SHORTLY. The potential with these 2 companies is huge in the booing cannabis sector worldwide. By the way like I have said, these 2 directors are from canada and where part of a huge company and have alot of expertise and RELATIONSHIPS TO GET THESE COMPANIES OF THE GROUND AND RUNNING FAST.
2- 2 NEW DIRECTORS- Tom never had any help doing anything. He was a 1 man show. The fact that he added 2 DIRECTORS to the company and ANNOUCED UPLISTING/AUDIT in last 2 PRS is a testament to the direction and commitment he is making to give away his STAKE in the company.
3- NO DILUTION....THE FLOAT HAS NOT CHANGED AND WAS RECENTLY UPDATED. 172M FLOAT.
https://www.otcmarkets.com/stock/INMG/security
4- INMG ALSO OWNS CANNANET.TV, KUSHPROCESSING, LOCALCANNABISDISPENSARY, & A MNORITY STAKE IN NIGHTFLIGHT. Tom and these 2 NEW DIRECTORS will be building a conglomerate here of CBD companies in both MEDIA, FINANCING and PRODCT LINE.
OTC DISCLOSURE & NEWS SERVICE
INNOVATIV MEDIA (INMG) ACQUIRES DEMAND BRANDS
Press Release | 07/17/2018
COMPANY RETAINS AUDITING FIRM AND PLANS TO UP LIST
LOS ANGELES, CA. , July 17, 2018 (GLOBE NEWSWIRE) -- Innovativ Media Group, Inc. (OTC PINK:INMG) (“Company”) today announced that it has acquired 100% of the outstanding shares and all of the assets and joint venture agreements of Demand Brands, Inc. (“Demand”) http://www.demandbrandsinc.comDemand is a collection of leading businesses and brands operating in the Health, Wellness, Cannabis Edibles, Hemp and CBD sectors which is managed by industry veterans Bruce Hannan and Guy Peckham.
The Company is acquiring Demand and its assets in an all restricted preferred stock transaction that will result in no material near term dilution to the Company. The parties have signed definitive, binding agreements and the deal is expected to close within 30 days. Bruce Hannan and Guy Peckham will be joining the Company’s Board of Directors, non-core assets will be sold and, upon closing, the Company will have redeemed and paid all material debt. The Company will be retaining Frucci & Associates II PLLC as its Auditors and expects to apply to up list to the OTCQB or an equivalent exchange.
Tom Coleman, CEO of Innovativ Media said: “We believe the acquisition of Demand Brands will substantially enhance the Company’s P&L and create significant near and long term shareholder value. Bruce and Guy have long and successful track records with both public and private businesses and in developing innovative brands and exceptional products”.
Bruce Hannan, CEO of Demand added: “Vending into Innovativ Media Group will give Demand access to new capital markets and currency to target acquisitions which will facilitate developing our assets and scaling operations more rapidly”.
“Our industry is growing and consolidating at a fast clip and this transaction will give us an opportunity to target some excellent operating businesses and add to our portfolio of companies. I am looking forward to working with Bruce and building on our prior experience at Premium Brands Holdings (PBH-T)” said Demand President Guy Peckham
About Innovativ Media Group, Inc.
Innovativ Media Group (Innovativ) is a developer, producer and distributor of digital entertainment and other multi-media content. It is a principle partner in CannaNet.TV, which operates LocalCannabisDispensary.Com and Kush Processing. http://innovativmedia.com
About Demand Brands
Demand Brands, Inc. is associated with an array businesses and brands consumers have come to know and trust that market innovative and leading Edibles, Oils, Vapes and Beverage products and manages ventures in the Hemp + Healthy, Cannabis/CBD Superfoods and Education and Technology sectors that promote healthy lifestyles for women, men, children and pets. http://www.demandbrandsinc.com
LOS ANGELES, CA, Aug. 09, 2018 (GLOBE NEWSWIRE) -- Innovativ Media Group (OTCPK:INMG) (“Company”) today announced that it has closed on its acquisition of Demand Brands Inc., http://www.demandbrandsinc.com which is now a wholly owned subsidiary of the Company. Bruce Hannan and Guy Peckham have been installed as new Company Governors, Board Members and Officers. To reflect the expanding focus of the business the Company intends to change its name.
Bruce Hannan, CEO of Demand Brands Inc. said: “Tom has been great to deal with and we look forward to working on growing our businesses, creating greater awareness for the Company and contributing to improving shareholder value.”
Guy Peckham President of Demand Brands Inc. said: “Our first order of new business will be to bring on board an experienced, professional Investor Relations firm to help us better communicate with current and prospective shareholders and to keep the public and potential partners better informed about our brands and businesses”
About Innovativ Media Group, Inc.
Innovativ Media Group (Innovativ) is a developer, producer and distributor of digital entertainment and other multi-media content and a principle partner in CannaNet.TV, which operates LocalCannabisDispensary.Com and Kush Processing. http://innovativmedia.com
About Demand Brands
Demand Brands, Inc. is associated with an array businesses and brands consumers have come to know and trust that market innovative and leading Edibles, Oils, Vapes and Beverage products and manages ventures in the Hemp + Healthy, Cannabis/CBD Superfoods and Education and Technology sectors that promote healthy lifestyles for women, men, children and pets. http://www.demandbrandsinc.com
All my posts are based on my opinion. Do not buy, sell, trade any stock based on my posts. Do your own due diligence before making any transaction.
SANUWAVE Announces Record Quarterly Revenues: Q3 FY2024 Financial Results • SNWV • Nov 8, 2024 7:07 AM
DBG Pays Off $1.3 Million in Convertible Notes, which Retires All of the Company's Convertible Notes • DBGI • Nov 7, 2024 2:16 PM
SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service • SMX • Nov 7, 2024 8:48 AM
Rainmaker Worldwide Inc. (OTC: RAKR) Announces Successful Implementation of 1.6 Million Liter Per Day Wastewater Treatment Project in Iraq • RAKR • Nov 7, 2024 8:30 AM
SBC Medical Group Holdings and MEDIROM Healthcare Technologies Announce Business Alliance • SBC • Nov 7, 2024 7:00 AM
VAYK Confirms Insider Buying at Open Market • VAYK • Nov 5, 2024 10:40 AM