GM INMG .0021-NEWS-another record financial

New Post Public Reply Private Reply Replies (0) Message Board
FLA
GM INMG .0021-NEWS-another record financial result


All Content and Data provided by Third-Parties — Terms of Use
Innovativ Media Group (INMG) Posts Record Financial Results in the 2nd Quarter
MARKET WIRE 5:00 AM ET 8/12/2016
Symbol Last Price Change
INMG 0.0021down 0 (0%)
QUOTES AS OF 10:20:18 AM ET 08/11/2016
LOS ANGELES, CA -- (Marketwired) -- 08/12/16 -- Innovativ Media Group, Inc.(INMG) ("Company" announced another record financial result today for the Quarter ending June 30, 2016. In the 2nd Quarter the Company's revenues substantially increased to $49,322 compared with just $625 in the corresponding Quarter from 2015 and the Company generated EBITA of $7,172 compared with a prior period loss of ($6,116). Revenues in the first six months of the year were $95,201 with earnings before amortization of $14,140.

The Company plans on launching the first of its premium online channels in the 3rd Quarter and expects it to positively impact revenues in the 4th Quarter.

About Innovativ Media Group, Inc.(INMG)

Innovativ Media Group (INMG) is a developer, producer and distributor of digital entertainment and other multi-media content. It distributes the motion picture assets of Lux Digital Pictures and, via New Broadway Cinema, develops adaptations of stage shows utilizing its trademarked DigiTheater™ Virtual Reality process. Innovativ also operates The Alien Interview Channel on YouTube, in partnership with FullScreen, Inc., the premium online channel HPLovecraft.TV and is a principal in the Film Finance Exchange. http://innovativmedia.com

Forward-Looking Statements:

This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward‐looking public statements concerning its expected future operations, performance and other developments. Such forward‐looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such.

Contact:
Investor Relations
info@innovativmedia.com
510-948-4000

Source: Innovativ Media Group, Inc.(INMG)




















INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG INMG
I ONLY POST WHAT I PLAY
Scroll down for more posts ▼

Top 10 Most Recent News Articles

VISTAR Oakland Workers Join Teamsters for Unity

Updated Category News Views 0

Warehouse Workers Break Free from the Shackles Ever had that feeling, where enough is enough? That's where 37 warehouse workers at VISTAR find themselves, shaking off the dust and signing up with Teamsters Local 853. This ain't just a fleeting wind of change; it's the whole damn storm. Turning Points and Union Victories Think about it. This move by the VISTAR warehouse...

Continue Reading
TomoIQ Unveils Money Finder at Money20/20 Event

Updated Category News Views 9

Breaking Down Financial Barriers with AI In the hustle of Money20/20 USA in Las Vegas, TomoIQ dropped a financial bombshell with their latest tool, Money Finder. This isn't just another app in the sea of fintech solutions. Nope, this one promises to cut through the complexities that most folks face when trying to get their financial house in order. An AI Buddy for...

Continue Reading
New JPA Aims to Energize Inland Empire's Water Supply

Updated Category News Views 0

Fresh Steps in San Bernardino's Infrastructure Strategy Here's a twist for you: public agencies in San Bernardino County decided enough with the same old, same old and cooked up a new joint powers authority (JPA). They call it the San Bernardino Water and Power Authority, which sounds snappy enough for a meeting room nameplate, I reckon. Who's Steering the Ship? Leading...

Continue Reading
Tomorrowland's Shanghai Return: An Electri-Lifesaver

Updated Category News Views 76

You know, every now and then, it's worth stepping out of the stock frenzy and diving into something as electrifying and far from the trading floor as Tomorrowland's latest Shanghai rendezvous. This ain't just any festival; it's the kind of hype that packs a punch—and frankly, it's a wild ride seeing such a spectacle set up shop in China, and sell out to boot. Partnering...

Continue Reading
Chicago Scenic Studios’ Equipment Up for Grabs in Auction

Updated Category News Views 13

A Peek into the Sale: What's on the Block? Get that coffee brewing and settle in, because we've got to unpack some interesting stuff happening with Chicago Scenic Studios. This isn't just any Craigslist decampment—Integra Asset Solutions is rolling out an online auction come October 27 that’ll have equipment-savvy investors’ ears perking up like they just snagged a...

Continue Reading
Baidu Faces Class Action: Investors Push Against Fraud Allegations

Updated Category News Views 0

Baidu Under Fire for Alleged Misleading Statements Here's a fresh slice of drama straight outta the corporate trenches: Baidu, Inc. (NASDAQ: BIDU) finds itself tangled in a securities fraud lawsuit that’s causing a ruckus across investor circles. Schall, Brown & Schwartz LLP, those heavyweight gladiators in shareholder rights, are calling on grieved investors to step up...

Continue Reading
Cancer Memoir Shows Healing Beyond Medicine

Updated Category News Views 7

Confronting the Unfathomable Out of the North Carolina mountains comes a story that defies expectations—a pastor and farmer named Mark Heisey, who faced the no-holds-barred trials of stage IV-B lymphoma. Now, I'll shoot you straight: this isn't your run-of-the-mill self-help guide or a clinical breakdown of battling cancer. His new memoir dives into the personal and...

Continue Reading
Plata Hits $1 Billion ARR in Record Digital Bank Growth

Updated Category News Views 4

Plata Rocks the Boat with Rapid Revenue Growth When a digital bank like Plata rakes in $1 billion in Annual Recurring Revenue (ARR) within just 3.5 years, you can't just shrug it off. That's blazing fast by any standard, especially for a financial institution. Emerging from Mexico, this bank's rocket-like ascent is flinging the doors wide open for what's possible in the...

Continue Reading
Antheia Secures $80M for Critical Medicine Onshoring

Updated Category News Views 44

Antheia's Bold Move to Onshore Medicine Production Folks, when it comes to pharmaceuticals, it's about time someone started serious about keeping things closer to home. Antheia just landed a huge $80 million conditional commitment from the U.S. Department of War's Office of Strategic Capital. The fine print? This isn't just about building business—it's a play to secure...

Continue Reading
Navigating the Nitty-Gritty of Cabin Rental Management

Updated Category News Views 2

The Real Elbow Grease Behind Cabin Management Ever imagined what it’d take to keep a vacation rental cabin running like a tight ship? Well, Nathan Fitts breaks it down real clear-like. The guy's seen it all in Blue Ridge, Georgia, which isn't just about scenic views—there's serious business brewing behind that cabin charm. More Than Just Fluffing Pillows Turns out,...

Continue Reading

Top 5 Most Recently Viewed Articles

Domino's Pizza Investors Encouraged to Join Class Action Today

Updated Category News Views 116

Introduction to the Class Action Lawsuit Against Domino's Pizza Domino's Pizza, Inc. has recently become the center of attention following the announcement of a class action lawsuit that seeks to protect the interests of its investors. This legal action has been instigated amid concerns surrounding the company’s business practices and public disclosures between certain...

Continue Reading
Netcoins Introduces Exciting Referral Program for User Growth

Updated Category News Views 109

Netcoins Unveils Innovative Referral Program In an exciting move to encourage user engagement and boost trading activity, BIGG Digital Assets Inc. has launched a new referral and affiliate program for its platform, Netcoins. This initiative is aimed at rewarding users who help bring new traders on board, thereby supporting the company's overall strategy to expand its user...

Continue Reading
Legal Triumph: Protecting Student Rights Through Injunction

Updated Category News Views 211

A Landmark Case for Student Civil Rights In a significant legal achievement, Glenn Agre Bergman & Fuentes has secured a preliminary injunction that reinforces the essential protections for students facing discrimination. This victory arose from a collaborative pro bono effort with Public Justice, aimed at restoring the functional capacity of the Department of Education's...

Continue Reading
Hamilton Lane Unveils New Global Private Secondary Fund Initiative

Updated Category News Views 170

Hamilton Lane Launches Global Private Secondary Fund A prominent player in the private markets, Hamilton Lane, has introduced the Hamilton Lane Global Private Secondary Fund (HLGPS), an innovative investment offering designed to provide accredited investors with enhanced access to the secondary market. This initiative reflects Hamilton Lane's commitment to diversifying...

Continue Reading
Brian Shoop Joins ARCO to Boost Design-Build Game

Updated Category News Views 24

New Leadership Steers ARCO's Expanding Horizons When you've been playing this game as long as I have, you know leadership ain't just about putting names on doors; it's about injecting new blood where it counts. With ARCO Design/Build making a strategic play by roping in Brian Shoop as their Director of Process Engineering, one can’t help but raise an eyebrow in...

Continue Reading