New Blog INMG same guys that did OWCP : http://ownthefloat.com/index.php/2017/05/03/i...nnanet-tv/
Hello everyone. This evening I’m going to do a follow up on my initial coverage of Innovativ Media Group, Inc. (INMG). Much has transpired since my initial blog report on April 12. First, lets take a look at the most recent share structure and their business description.
https://www.otcmarkets.com/stock/INMG/profile
INMG Security Details Share Structure
Market Value1 $1,943,212 a/o May 2, 2017
Authorize Shares 250,000,000 a/o April 19, 2017
Outstanding Shares 206,724,670 a/o April 19, 2017
Float 81,412,015 a/o April 19, 2017
Additionally, the CEO, Tom Coleman owns 92M shares of the outstanding shares.
https://www.otcmarkets.com/news/otc-financials
C. Beneficial Shareholders. All persons/entities beneficially owning more than ten percent (10%) of any class of the issuer’s equity securities are:
Common Stock
Tom Coleman, President
Innovativ Media Group, Inc.
12021 Wilshire Blvd. #450
Los Angeles, CA. 90025
92,000,000 shares
Secondly, lets review what INMG does and some of their recent press releases. Innovativ Media Group (Innovativ) is a developer, producer and distributor of digital entertainment and other multi-media content and is developing the CannaNet Channels. It distributes the motion picture assets of Lux Digital Pictures and, via New Broadway Cinema, develops adaptations of stage shows utilizing its trademarked DigiTheaterTM Virtual Reality process. Innovativ also operates The Alien Interview Channel on YouTube in partnership with Fullscreen, the online channel HPLovecraft.TV and is a principal in the Film Finance Exchange.
INNOVATIV MEDIA (INMG) TO LAUNCH CANNANET.TV IN EUROPE
LOS ANGELES, CA – April 27, 2017 – (Access Wire), Innovativ Media Group, Inc. (OTCPK:INMG) (“Company”), a multi-media content producer and distributor, today announced that it will also be launching its new online, ad supported platform and channel CannaNet.TV http://www.cannanet.tv/ in Europe via http://www.cannanet.eu and will offer a German language version at http://www.cannanet.de/ The channels will stream curated and original entertainment, informational and educational video content related to the Cannabis and CBD culture and industries featuring customized programming for the European and German markets. The Company will be represented at the Mary Jane Conference in Berlin, Germany this June. http://maryjane-berlin.com/
“Outside the US the Cannabis industry is growing at an even more rapid pace in less regulated environments so establishing CannaNet as a worldwide brand is a prime objective. We especially see near term opportunities in the Germany,” said Company CEO, Tom Coleman.
INNOVATIV MEDIA (INMG) TO BE AN EVENT SPONSOR AT MJAC 2017
LOS ANGELES, CA – May 2, 2017 – (Access Wire), Innovativ Media Group, Inc. (OTCPK:INMG) (“Company”), a multi-media content producer and distributor, today announced it will be a premium event sponsor at MJAC 2017 the InvestorsHub International Cannabis Conference to be held in Los Angeles, California September 1-2, 2017. The Company will host a prominent booth and will make a presentation of the CannaNet.TV platform, its new online, ad supported channel http://www.cannanet.tv/ which will stream curated and original entertainment, informational and educational video content related to the Cannabis and CBD culture and industries. “MJAC 2017 will be a major industry conference and we believe it a fitting forum to introduce CannaNet. TV” said Company CEO, Tom Coleman.
Matthew Collom of InvestorsHub.com added: “We are pleased to have Innovativ Media Group, Inc. as one of our premium sponsors. The CannaNet platform is quite innovative and we believe it will be of substantial interest to our MJAC 2017 attendees. We are pleased that INMG is choosing to debut it at our Conference.”
So, in essence, what we are learning is INMG is moving quite fast on launching their new channel with the primary goal to make the Cannanet.TV platform a worldwide brand. As noted above in the two most recent press releases, Cannanet.TV announced they will be attending several events and festivals in the coming weeks and months. In my opinion, this will attract many new investors, and more importantly viewership and prospective cannabis companies (medicinal, recreational, edibles/food, accessories, etc) looking for advertising/commercial time on the channel. INMG has a tremendous amount of revenue possibility in the Cannabis Industry & Culture from original entertainment, educational or informational programming content, along with the ad and commercial supported platform. This makes INMG an exciting growth micro stock with limitless potential upside if the company executes their vision and strategy properly. Tom Coleman, the CEO, has a prove track record in the media/entertainment industry so the odds are very much in investors favor. Check out https://en.wikipedia.org/wiki/Tom_Coleman
Next, I would like to review some important information that I believe is critical in understanding the value of INMG from recent filings:
1- $185,995 reported revenue in 2016
2- $43,552 reported profit in 2016
3- Zero Convertible Notes or Debt
4- Approximately $2.7M in assets reported in 2016
5- $17k total debt on the books in 2016
6- CEO, Tom Colemen is a very well connected and highly successful executive producer, in the entertainment industry. Again, see https://en.wikipedia.org/wiki/Tom_Coleman
7- Filed OTC Attorney Letter on April 22, 2017 and from previous press release have stated a major interest in upgrading to the OTCQB.
What is important here is, how many stocks do you know on the otc that have all these positive factors in their financials? Most companies on the over-the-counter market are straddled by huge debt and toxic convertible notes that make it nearly impossible for investors to ever see value in a return from their investment. Innovativ Media Group, Inc (INMG) has none and that is why I really like the prospects of a dramatic increase in value in INMG in the weeks and months to come.
How many companies on the otc market are actually earning revenue, profit, and have little to no liabilities with about several million dollars in fixed assets? The answer is less than 5%, but INMG is one of them that has attained these milestones over the course of the six quarters since new CEO Tom Coleman took over.
LOS ANGELES, CA–(Marketwired – Mar 8, 2017) – Innovativ Media Group, Inc. (OTC PINK: INMG) (“Company”), a multi-media content producer and distributor, today announced record results for its fiscal year ended December 31, 2016. Company revenues increased over 88% from $98,792 to $185,995 and EBITDA increased by over 2200% from $1,880 to $43,552, the highest in Company history. The Company has posted 6 Quarters of successive earnings since acquiring the Innovativ Media entertainment assets in mid-2015. “The INMG media assets provide the Company with a stable and reliable base from which we intend to build upon in the coming months with several new projects we have been developing,” said Company CEO Tom Coleman.
Finally, I would like to talk about the recent stock price and the chart/echnical analysis. INMG traded under .004 from our initial blog report back on April 12. Over the next two weeks, the price hit a high of .032 on relatively light volume, and as of today closed at just under a penny. The stock has come under some profit-taking and short sighted trader action along with being victimized by illegal naked short selling several market makers. This has all led to INMG becoming extremely oversold from a charting perspective and more importantly from the fundamental perspective as I presented in this blog article. I firmly believe when volume and buying pressure increases, market makers will be forced to cover any short positions and we could see a short squeeze of major proportions in INMG with its very small 81 million float.
INMG CHART
In summary, I’m still extremely bullish on Innovativ Media Group, Inc. (INMG) moving forward. This company has the potential to be a major player as a network/channel with a media revenue-generating platform in the Cannabis space. This sector has grown in leaps and bounds over the last few years and is projected to be one of the fastest and most lucrative sectors to invest in the coming years. INMG is wasting no time in making CannaNet.TV a world-wide media/channel brand as they have started releasing press releases picked up by many online new channels and have started booking festival, events, industry meetings. I firmly believe that the buzz and excitement will be picking up dramatically in the coming weeks and I expect to see a beta channel platform launch well before the initial launch later this year. Lastly, I see Cannanet.TV as a ground floor opportunity investment stock that could turn out to be the next HGTV or ESPN of the Cannabis Culture & Industry. Time will tell, but if the Innovative Media Group, Inc. does this right way, it could be a major win for shareholders and what a ride it will be for those that get in on the ground floor. In my opinion, INMG could have a OWCP like move in the coming weeks and months. The same ingredients exist here in INMG as they did with OWCP in regards to entering cannabis sector, innovation, branding & leadership, and last but not least the early chart set up.
NOTE: Please do your own due diligence before buying or trading any stock or INMG. Everything in my blog is of my opinion and due diligence with supportive links.
Hello everyone. This evening I’m going to do a follow up on my initial coverage of Innovativ Media Group, Inc. (INMG). Much has transpired since my initial blog report on April 12. First, lets take a look at the most recent share structure and their business description.
https://www.otcmarkets.com/stock/INMG/profile
INMG Security Details Share Structure
Market Value1 $1,943,212 a/o May 2, 2017
Authorize Shares 250,000,000 a/o April 19, 2017
Outstanding Shares 206,724,670 a/o April 19, 2017
Float 81,412,015 a/o April 19, 2017
Additionally, the CEO, Tom Coleman owns 92M shares of the outstanding shares.
https://www.otcmarkets.com/news/otc-financials
C. Beneficial Shareholders. All persons/entities beneficially owning more than ten percent (10%) of any class of the issuer’s equity securities are:
Common Stock
Tom Coleman, President
Innovativ Media Group, Inc.
12021 Wilshire Blvd. #450
Los Angeles, CA. 90025
92,000,000 shares
Secondly, lets review what INMG does and some of their recent press releases. Innovativ Media Group (Innovativ) is a developer, producer and distributor of digital entertainment and other multi-media content and is developing the CannaNet Channels. It distributes the motion picture assets of Lux Digital Pictures and, via New Broadway Cinema, develops adaptations of stage shows utilizing its trademarked DigiTheaterTM Virtual Reality process. Innovativ also operates The Alien Interview Channel on YouTube in partnership with Fullscreen, the online channel HPLovecraft.TV and is a principal in the Film Finance Exchange.
INNOVATIV MEDIA (INMG) TO LAUNCH CANNANET.TV IN EUROPE
LOS ANGELES, CA – April 27, 2017 – (Access Wire), Innovativ Media Group, Inc. (OTCPK:INMG) (“Company”), a multi-media content producer and distributor, today announced that it will also be launching its new online, ad supported platform and channel CannaNet.TV http://www.cannanet.tv/ in Europe via http://www.cannanet.eu and will offer a German language version at http://www.cannanet.de/ The channels will stream curated and original entertainment, informational and educational video content related to the Cannabis and CBD culture and industries featuring customized programming for the European and German markets. The Company will be represented at the Mary Jane Conference in Berlin, Germany this June. http://maryjane-berlin.com/
“Outside the US the Cannabis industry is growing at an even more rapid pace in less regulated environments so establishing CannaNet as a worldwide brand is a prime objective. We especially see near term opportunities in the Germany,” said Company CEO, Tom Coleman.
INNOVATIV MEDIA (INMG) TO BE AN EVENT SPONSOR AT MJAC 2017
LOS ANGELES, CA – May 2, 2017 – (Access Wire), Innovativ Media Group, Inc. (OTCPK:INMG) (“Company”), a multi-media content producer and distributor, today announced it will be a premium event sponsor at MJAC 2017 the InvestorsHub International Cannabis Conference to be held in Los Angeles, California September 1-2, 2017. The Company will host a prominent booth and will make a presentation of the CannaNet.TV platform, its new online, ad supported channel http://www.cannanet.tv/ which will stream curated and original entertainment, informational and educational video content related to the Cannabis and CBD culture and industries. “MJAC 2017 will be a major industry conference and we believe it a fitting forum to introduce CannaNet. TV” said Company CEO, Tom Coleman.
Matthew Collom of InvestorsHub.com added: “We are pleased to have Innovativ Media Group, Inc. as one of our premium sponsors. The CannaNet platform is quite innovative and we believe it will be of substantial interest to our MJAC 2017 attendees. We are pleased that INMG is choosing to debut it at our Conference.”
So, in essence, what we are learning is INMG is moving quite fast on launching their new channel with the primary goal to make the Cannanet.TV platform a worldwide brand. As noted above in the two most recent press releases, Cannanet.TV announced they will be attending several events and festivals in the coming weeks and months. In my opinion, this will attract many new investors, and more importantly viewership and prospective cannabis companies (medicinal, recreational, edibles/food, accessories, etc) looking for advertising/commercial time on the channel. INMG has a tremendous amount of revenue possibility in the Cannabis Industry & Culture from original entertainment, educational or informational programming content, along with the ad and commercial supported platform. This makes INMG an exciting growth micro stock with limitless potential upside if the company executes their vision and strategy properly. Tom Coleman, the CEO, has a prove track record in the media/entertainment industry so the odds are very much in investors favor. Check out https://en.wikipedia.org/wiki/Tom_Coleman
Next, I would like to review some important information that I believe is critical in understanding the value of INMG from recent filings:
1- $185,995 reported revenue in 2016
2- $43,552 reported profit in 2016
3- Zero Convertible Notes or Debt
4- Approximately $2.7M in assets reported in 2016
5- $17k total debt on the books in 2016
6- CEO, Tom Colemen is a very well connected and highly successful executive producer, in the entertainment industry. Again, see https://en.wikipedia.org/wiki/Tom_Coleman
7- Filed OTC Attorney Letter on April 22, 2017 and from previous press release have stated a major interest in upgrading to the OTCQB.
What is important here is, how many stocks do you know on the otc that have all these positive factors in their financials? Most companies on the over-the-counter market are straddled by huge debt and toxic convertible notes that make it nearly impossible for investors to ever see value in a return from their investment. Innovativ Media Group, Inc (INMG) has none and that is why I really like the prospects of a dramatic increase in value in INMG in the weeks and months to come.
How many companies on the otc market are actually earning revenue, profit, and have little to no liabilities with about several million dollars in fixed assets? The answer is less than 5%, but INMG is one of them that has attained these milestones over the course of the six quarters since new CEO Tom Coleman took over.
LOS ANGELES, CA–(Marketwired – Mar 8, 2017) – Innovativ Media Group, Inc. (OTC PINK: INMG) (“Company”), a multi-media content producer and distributor, today announced record results for its fiscal year ended December 31, 2016. Company revenues increased over 88% from $98,792 to $185,995 and EBITDA increased by over 2200% from $1,880 to $43,552, the highest in Company history. The Company has posted 6 Quarters of successive earnings since acquiring the Innovativ Media entertainment assets in mid-2015. “The INMG media assets provide the Company with a stable and reliable base from which we intend to build upon in the coming months with several new projects we have been developing,” said Company CEO Tom Coleman.
Finally, I would like to talk about the recent stock price and the chart/echnical analysis. INMG traded under .004 from our initial blog report back on April 12. Over the next two weeks, the price hit a high of .032 on relatively light volume, and as of today closed at just under a penny. The stock has come under some profit-taking and short sighted trader action along with being victimized by illegal naked short selling several market makers. This has all led to INMG becoming extremely oversold from a charting perspective and more importantly from the fundamental perspective as I presented in this blog article. I firmly believe when volume and buying pressure increases, market makers will be forced to cover any short positions and we could see a short squeeze of major proportions in INMG with its very small 81 million float.
INMG CHART
In summary, I’m still extremely bullish on Innovativ Media Group, Inc. (INMG) moving forward. This company has the potential to be a major player as a network/channel with a media revenue-generating platform in the Cannabis space. This sector has grown in leaps and bounds over the last few years and is projected to be one of the fastest and most lucrative sectors to invest in the coming years. INMG is wasting no time in making CannaNet.TV a world-wide media/channel brand as they have started releasing press releases picked up by many online new channels and have started booking festival, events, industry meetings. I firmly believe that the buzz and excitement will be picking up dramatically in the coming weeks and I expect to see a beta channel platform launch well before the initial launch later this year. Lastly, I see Cannanet.TV as a ground floor opportunity investment stock that could turn out to be the next HGTV or ESPN of the Cannabis Culture & Industry. Time will tell, but if the Innovative Media Group, Inc. does this right way, it could be a major win for shareholders and what a ride it will be for those that get in on the ground floor. In my opinion, INMG could have a OWCP like move in the coming weeks and months. The same ingredients exist here in INMG as they did with OWCP in regards to entering cannabis sector, innovation, branding & leadership, and last but not least the early chart set up.
NOTE: Please do your own due diligence before buying or trading any stock or INMG. Everything in my blog is of my opinion and due diligence with supportive links.
