A FEW FACTS TO KEEP IN MIND
1. INMG is almost PROFITABLE ALREADY
....There was only a $12,000 loss in Q3 (Rev - Operating expenses). HOW MANY OTC COMPANIES ARE PROFITABLE? THE ANSWER: VERY FEW TO NONE!!!
2. INMG has VERY LITTLE DEBT/LIABILITIES
and a small locked FLOAT until mid 2018. HOW MANY OTC companies can say that? NONE except for INMG
3. WITH THE LOW OVERHEAD TO MAINTAIN THE NETWORK
(meaning most of it is outsourced), it doesn't take much money to operate it. Tom expects the CASH flow alone from advertising to cover it, and I have NO DOUBT that it will quickly. It should take no later than Q1 2018 at the latest become VERY PROFITABLE.
4. They earned $58,000 in revenues last quarter, and Cannanet.Tv wast not even up yet.
It was mostly from Live Stream Sales & Lux DIgiital Library.
The Operating Expenses were only $70,000 which was mostly due to LIVE STREAM COSTS. Even then, the company was ALREADY ALMOST PROFITABLE.
There was only a $12,000 LOSS for the quarter. COMPARE THAT TO THE MJ STOCKS WITH $50-100M Market caps. They have HUGE LOSSES, and NO REVENUES.
5. The market cap of INMG is $3M which is a JOKE.
It should be much higher, and IT WILL GET THERE!
A PPS of 0.40 would support a market cap of 50 Million, which would be in line with the sector.
I'm not saying we will hit 0.40 this year....but it's surely worth more than .013!! LOL
0.07-0.10 is my short term target
INMG from the latest Quarterly: (Q3)
Total Assets : $2,700,000
Total Current Liabilities: $90,000
Q3 Revenue: $58,000
Total Operating Expenses: $70,000
Net Loss for the Q3 -$12,000