UNABLE TO MAINTAIN 1 LITTLE PENNY... —> FLOP Demand Brand "ASSOCIATES" DO NOT RESPOND --> FLOP Outstanding shares increased --> FLOP Revenues DOWN from last quarter --> FLOP Eagle Energy "HAS NO AFFILIATION" with Demand Brands or INMG --> FLOP INMG ACQUIRES DEMAND BRANDS. Company retains Auditing Firm and plans to Up List --> FLOP WEEDIES Go Live --> FLOP Weekend pumps and breakout board —> FLOP Demand Brands --> FLOP TWO SIGNIFICANT EVENTS COMING IN Q2 --> FLOP -- TOTAL BS!!! LEMONADE STAND REVENUES 420 --> FLOP Green Room Comedy --> FLOP Kush processing --> FLOP Soft Site Launch --> FLOP Hard Site Launch --> FLOP Conferences --> FLOP Mountains of Madness (MOM) --> FLOP Night Flight --> FLOP HPLOVECRAFT.TV --> FLOP WASTELAND SAINTS --> FLOP PLACEHOLDER FOR ONGOING FAILURES ... INCREASED FOR REVERSE SPLIT:
Quote: 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."
Quote: the Company has reversed split its common stock at a ratio of 500 to 1, effective today
Quote: seek an upgraded listing on the OTCQB by the end of 2016.
32 issued and outstanding Series B Preferred Stock:
32 x 2,500,000 = 80,000,000 convertible into Common Stock
+++++++++++++
20,000,000 shares of Series C Preferred Stock authorized is convertible into Common Stock
INNOVATIV MEDIA GROUP, INC. FINANCIAL STATEMENTS QUARTER ENDED MARCH 31, 2018
The Company as of March 31, 2018 has 20,000,000 shares of Series C Preferred Stock authorized. The Series C PreferredStock is convertible into Common Stock at the election of the holder at $.20 per share and also has preferential liquidation rights. During the Quarter no Series C Preferred Stock was issued.
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