Innovativ Media Group, Inc. $INMG News
Last updated 01/07/2017 - 0.003
Innovativ Media Group to Develope "Wasteland Saints" - Research Report Released
Nov 03, 2016
OTC Disclosure & News Service
Los Angeles, CA
This release includes additional documents. Select the link(s) below to view.
Innovativ Press Release November 3, 2016.pdf
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Innovativ Media (INMG) Launches Premium Online Channel HPLovecraft.TV
Aug 29, 2016
OTC Disclosure & News Service
-
Innovativ Media (INMG) Launches Premium Online Channel HPLovecraft.TV
LOS ANGELES, CA--(Marketwired - Aug 29, 2016) - Innovativ Media Group, Inc. (OTC PINK: INMG) ("Company"
is launching today the first of several planned niche premium online channels, HPLovecraft.TV http://hplovecraft.tv, which will be the exclusive streaming platform for the Company's new, original animated series Mountain of Madness based on the novella At the Mountains of Madness.
The Company is marketing HPLovecraft.TV in partnership with The Lovecraft Ezine https://lovecraftzine.com/mountains-of-madness-web-tv-series/. The Lovecraft eZine has over 240,000 followers and is a magazine, website, and small press devoted to weird fiction, cosmic horror, and the Cthulhu Mythos.
"Innovativ Media is committed to developing, producing and distributing customized entertainment content for specific, established communities and the H.P. Lovecraft fan base is one such community that is dedicated, informed and very engaged and future programming for the Channel will be created with their direct participation," said Company CEO Tom Coleman.
About Innovativ Media Group, Inc.
Innovativ Media Group (Innovativ) 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.
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=3049178
Contact:
Investor Relations
info@innovativmedia.com
510-948-4000
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Innovativ Media Group (INMG) Posts Record Financial Results in the 2nd Quarter
Aug 12, 2016
OTC Disclosure & News Service
-
Innovativ Media Group (INMG) Posts Record Financial Results in the 2nd Quarter
LOS ANGELES, CA--(Marketwired - Aug 12, 2016) - Innovativ Media Group, Inc. (OTC PINK: 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.
Innovativ Media Group (Innovativ) 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
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Innovativ Media Group (INMG) to Launch Premium Online Channel
Jun 21, 2016
OTC Disclosure & News Service
-
Innovativ Media Group (INMG) to Launch Premium Online Channel
LOS ANGELES, CA--(Marketwired - Jun 21, 2016) - Innovativ Media Group, Inc. (OTC PINK: INMG) ("Company" announced today that it will launch is first online premium channel, HPLovecraft.TV, this summer embedded into the Lovecraft ezine magazine web site https://lovecraftzine.com/ and its Facebook portal. The initial programming on the channel will be the new Company produced animated web series "Mountains of Madness" www.mountainsofmadnessseries.com based on the revered H.P. Lovecraft novella "At the Mountains of Madness". HPLovecraft.TV will be available on a subscription basis on its own viewing platform and the Company intends to develop, produce and stream additional content inspired by the works of H.P. Lovecraft with the participation and input from channel subscribers.
"We strongly believe that niche premium channels with customized content produced for select fan communities and made available through interactive platforms and on Facebook is not only the television of the future but the present," said Tom Coleman, CEO of the Company.
The "Mountains of Madness" series is written, directed and co-produced by Stephen Sloan of Sloan Motion Pictures www.sloanmotionpictures.com and will run for 30 episodes. The initial episodes are currently in post-production.
About Innovativ Media Group, Inc.
Innovativ Media Group (Innovativ) is a developer, producer and distributor of digital entertainment and other multi-media content. It has acquired many of the assets of Lux Digital Pictures including a library of feature motion 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., is producing the new web series "Mountains of Madness" 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
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Innovativ Media Group (INMG) Posts Record 1st Quarter Financial Results
May 24, 2016
OTC Disclosure & News Service
Los Angeles, CA
This release includes additional documents. Select the link(s) below to view.
Innovativ Press Release May 24, 2016.pdf
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Innovativ Media Posts Record 1st Quarter Financial Results
May 10, 2016
OTC Disclosure & News Service
Los Angeles, CA
This release includes additional documents. Select the link(s) below to view.
Innovativ Press Release May 10, 2016.pdf
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Innovativ Media Group (INMG) to Split Stock, Decrease Authorized Shares and Pursue an OTCQB Listing
Apr 20, 2016
OTC Disclosure & News Service
Los Angeles, CA
This release includes additional documents. Select the link(s) below to view.
Innovativ Press Release April 20, 2016.pdf
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Innovativ Media Group (INMG) Posts Record Year End Financial Results
Mar 08, 2016
OTC Disclosure & News Service
-
Innovativ Media Group (INMG) Posts Record Year End Financial Results
LOS ANGELES, CA--(Marketwired - Mar 8, 2016) - Innovativ Media Group, Inc. (OTC PINK: INMG) ("Company" , announced record financial results today for the year ending December 31, 2015. Reflecting only 2 Quarters of consolidated results since the July 2015 acquisition of the Innovativ entertainment assets while also deferring recognition of the substantial gain from the sale of its sports fantasy businesses, pending liquidation of the securities paid, the Company's revenues still dramatically increased to $98,792 compared with just $395 in fiscal 2014 and, for the first time in its history, the Company generated annual earnings with EBITA of $1,880 compared to the prior year's loss of ($98,856).
Company net Stockholder Equity increased to $2,730,447 from $225,274.
About Innovativ Media Group, Inc.
Innovativ Media Group (Innovativ) is a developer, producer and distributor of digital entertainment and other multi-media content. It has acquired many of the assets of Lux Digital Pictures including a library of feature motion 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., is producing the new web series "Mountains of Madness" 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
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Innovativ Media Group (INMG) to Decrease Authorized Shares
Feb 25, 2016
OTC Disclosure & News Service
-
Innovativ Media Group (INMG) to Decrease Authorized Shares
LOS ANGELES, CA--(Marketwired - Feb 25, 2016) - Innovativ Media Group, Inc. (OTC PINK: INMG) ("Company" announced today that the Company will decrease its authorized common shares from 9,960,000,000 to 5, 560,000,000.
The capital re-structuring will be effective upon the filing with the Washington Secretary of State.
About Innovativ Media Group, Inc.
Innovativ Media Group (Innovativ) is a developer, producer and distributor of digital entertainment and other multi-media content. It has acquired many of the assets of Lux Digital Pictures including a library of feature motion 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., is producing the new web series "Mountains of Madness" 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
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Innovativ Media Group (INMG) to Use Social Media to Increase Investor Awareness
Feb 02, 2016
OTC Disclosure & News Service
-
Innovativ Media Group (INMG) to Use Social Media to Increase Investor Awareness
LOS ANGELES, CA--(Marketwired - Feb 2, 2016) - Innovativ Media Group, Inc. (OTC PINK: INMG) ("Company" announced today that the Company intends to initiate a program to increase and improve shareholder communications and investor awareness via social media.
The Company plans to use its Twitter account @innovativmedia to more regularly communicate with current and prospective shareholders and expects to launch its Facebook presence in the 1st Quarter.
"It's time to join the 21st Century," said Company CEO Tom Coleman, "although we will continue to put all material news releases on the financial wires we recognize shareholders are interested in more dialogue and as a micro-cap it is very important to consistently remind investors that the Company has solid financials, which will be timely filed, is debt free and is considering decreasing its authorized shares."
About Innovativ Media Group, Inc.
Innovativ Media Group (Innovativ) is a developer, producer and distributor of digital entertainment and other multi-media content. It has acquired many of the assets of Lux Digital Pictures including a library of feature motion 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., is producing the new web series "Mountains of Madness" 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
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Last updated 01/07/2017 - 0.003
Innovativ Media Group to Develope "Wasteland Saints" - Research Report Released
Nov 03, 2016
OTC Disclosure & News Service
Los Angeles, CA
This release includes additional documents. Select the link(s) below to view.
Innovativ Press Release November 3, 2016.pdf
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Innovativ Media (INMG) Launches Premium Online Channel HPLovecraft.TV
Aug 29, 2016
OTC Disclosure & News Service
-
Innovativ Media (INMG) Launches Premium Online Channel HPLovecraft.TV
LOS ANGELES, CA--(Marketwired - Aug 29, 2016) - Innovativ Media Group, Inc. (OTC PINK: INMG) ("Company"
is launching today the first of several planned niche premium online channels, HPLovecraft.TV http://hplovecraft.tv, which will be the exclusive streaming platform for the Company's new, original animated series Mountain of Madness based on the novella At the Mountains of Madness. The Company is marketing HPLovecraft.TV in partnership with The Lovecraft Ezine https://lovecraftzine.com/mountains-of-madness-web-tv-series/. The Lovecraft eZine has over 240,000 followers and is a magazine, website, and small press devoted to weird fiction, cosmic horror, and the Cthulhu Mythos.
"Innovativ Media is committed to developing, producing and distributing customized entertainment content for specific, established communities and the H.P. Lovecraft fan base is one such community that is dedicated, informed and very engaged and future programming for the Channel will be created with their direct participation," said Company CEO Tom Coleman.
About Innovativ Media Group, Inc.
Innovativ Media Group (Innovativ) 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.
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=3049178
Contact:
Investor Relations
info@innovativmedia.com
510-948-4000
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Innovativ Media Group (INMG) Posts Record Financial Results in the 2nd Quarter
Aug 12, 2016
OTC Disclosure & News Service
-
Innovativ Media Group (INMG) Posts Record Financial Results in the 2nd Quarter
LOS ANGELES, CA--(Marketwired - Aug 12, 2016) - Innovativ Media Group, Inc. (OTC PINK: 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.
Innovativ Media Group (Innovativ) 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
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Innovativ Media Group (INMG) to Launch Premium Online Channel
Jun 21, 2016
OTC Disclosure & News Service
-
Innovativ Media Group (INMG) to Launch Premium Online Channel
LOS ANGELES, CA--(Marketwired - Jun 21, 2016) - Innovativ Media Group, Inc. (OTC PINK: INMG) ("Company"
announced today that it will launch is first online premium channel, HPLovecraft.TV, this summer embedded into the Lovecraft ezine magazine web site https://lovecraftzine.com/ and its Facebook portal. The initial programming on the channel will be the new Company produced animated web series "Mountains of Madness" www.mountainsofmadnessseries.com based on the revered H.P. Lovecraft novella "At the Mountains of Madness". HPLovecraft.TV will be available on a subscription basis on its own viewing platform and the Company intends to develop, produce and stream additional content inspired by the works of H.P. Lovecraft with the participation and input from channel subscribers. "We strongly believe that niche premium channels with customized content produced for select fan communities and made available through interactive platforms and on Facebook is not only the television of the future but the present," said Tom Coleman, CEO of the Company.
The "Mountains of Madness" series is written, directed and co-produced by Stephen Sloan of Sloan Motion Pictures www.sloanmotionpictures.com and will run for 30 episodes. The initial episodes are currently in post-production.
About Innovativ Media Group, Inc.
Innovativ Media Group (Innovativ) is a developer, producer and distributor of digital entertainment and other multi-media content. It has acquired many of the assets of Lux Digital Pictures including a library of feature motion 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., is producing the new web series "Mountains of Madness" 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
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Innovativ Media Group (INMG) Posts Record 1st Quarter Financial Results
May 24, 2016
OTC Disclosure & News Service
Los Angeles, CA
This release includes additional documents. Select the link(s) below to view.
Innovativ Press Release May 24, 2016.pdf
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Innovativ Media Posts Record 1st Quarter Financial Results
May 10, 2016
OTC Disclosure & News Service
Los Angeles, CA
This release includes additional documents. Select the link(s) below to view.
Innovativ Press Release May 10, 2016.pdf
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Innovativ Media Group (INMG) to Split Stock, Decrease Authorized Shares and Pursue an OTCQB Listing
Apr 20, 2016
OTC Disclosure & News Service
Los Angeles, CA
This release includes additional documents. Select the link(s) below to view.
Innovativ Press Release April 20, 2016.pdf
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Innovativ Media Group (INMG) Posts Record Year End Financial Results
Mar 08, 2016
OTC Disclosure & News Service
-
Innovativ Media Group (INMG) Posts Record Year End Financial Results
LOS ANGELES, CA--(Marketwired - Mar 8, 2016) - Innovativ Media Group, Inc. (OTC PINK: INMG) ("Company"
, announced record financial results today for the year ending December 31, 2015. Reflecting only 2 Quarters of consolidated results since the July 2015 acquisition of the Innovativ entertainment assets while also deferring recognition of the substantial gain from the sale of its sports fantasy businesses, pending liquidation of the securities paid, the Company's revenues still dramatically increased to $98,792 compared with just $395 in fiscal 2014 and, for the first time in its history, the Company generated annual earnings with EBITA of $1,880 compared to the prior year's loss of ($98,856). Company net Stockholder Equity increased to $2,730,447 from $225,274.
About Innovativ Media Group, Inc.
Innovativ Media Group (Innovativ) is a developer, producer and distributor of digital entertainment and other multi-media content. It has acquired many of the assets of Lux Digital Pictures including a library of feature motion 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., is producing the new web series "Mountains of Madness" 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
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Innovativ Media Group (INMG) to Decrease Authorized Shares
Feb 25, 2016
OTC Disclosure & News Service
-
Innovativ Media Group (INMG) to Decrease Authorized Shares
LOS ANGELES, CA--(Marketwired - Feb 25, 2016) - Innovativ Media Group, Inc. (OTC PINK: INMG) ("Company"
announced today that the Company will decrease its authorized common shares from 9,960,000,000 to 5, 560,000,000. The capital re-structuring will be effective upon the filing with the Washington Secretary of State.
About Innovativ Media Group, Inc.
Innovativ Media Group (Innovativ) is a developer, producer and distributor of digital entertainment and other multi-media content. It has acquired many of the assets of Lux Digital Pictures including a library of feature motion 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., is producing the new web series "Mountains of Madness" 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
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Innovativ Media Group (INMG) to Use Social Media to Increase Investor Awareness
Feb 02, 2016
OTC Disclosure & News Service
-
Innovativ Media Group (INMG) to Use Social Media to Increase Investor Awareness
LOS ANGELES, CA--(Marketwired - Feb 2, 2016) - Innovativ Media Group, Inc. (OTC PINK: INMG) ("Company"
announced today that the Company intends to initiate a program to increase and improve shareholder communications and investor awareness via social media. The Company plans to use its Twitter account @innovativmedia to more regularly communicate with current and prospective shareholders and expects to launch its Facebook presence in the 1st Quarter.
"It's time to join the 21st Century," said Company CEO Tom Coleman, "although we will continue to put all material news releases on the financial wires we recognize shareholders are interested in more dialogue and as a micro-cap it is very important to consistently remind investors that the Company has solid financials, which will be timely filed, is debt free and is considering decreasing its authorized shares."
About Innovativ Media Group, Inc.
Innovativ Media Group (Innovativ) is a developer, producer and distributor of digital entertainment and other multi-media content. It has acquired many of the assets of Lux Digital Pictures including a library of feature motion 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., is producing the new web series "Mountains of Madness" 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
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
