THE REAL FACTS FROM FILINGS: *SHOW ME AN OTC STOCK THAT'S BETTER THAN INMG.
To date, the float is 172M shares with an outstanding share count of 281M. This gives the current market cap of INMG under $3M. If you compare these numbers to many other companies in the cannabis sector you will see that INMG is proportionally way undervalued when you look at the parameters of float, outstanding shares, current debt and liabilities, shareholder equity, and revenue. Revenue and profitability are a small factors on the OTC market, for most if not all these companies are in the growth or developmental stage. Infact, many companies are so burden with debt and liabilities, all they do is flood the market with common shares producing floats and outstanding shares to levels that hit over a billion shares. Many of these companies have Market Caps in the $50M-$100M+ range, and INMG has a Market Cap of around $3M. Do you now see why I’m excited about being a shareholder now?
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
If you analyze these numbers vs other companies it the cannabis space or any other sector space for that matter, they are very positive and good numbers. INMG only has $90,000 debt on the books. I challenge you to find a cannabis stock that has less than that. INMG only had $70,000 in operating expenses. I challenge you to find a cannabis stock that has less than that. INMG was almost profitable again, but was only had a net loss of $12,000 for the quarter. (INMG streamlined operations does not take a lot of cash flow and can be manageable and profitable very quickly.) I challenge you to find a cannabis stock that has less than that. INMG produced $58,000 in revenue (this is prior to the launch of Cannanet.tv-through Sept. 2017).
Now, go look at some quarterly reports from other Cannabis stocks and look at their share structures, debt, liabilities, operating expenses, etc. I’m telling each and every one of you right now, if you analyze comparisons in this industry, INMG will be at or near the top of the list in every parameter making it an attractive investable grade stock if there ever was one on the OTC.