*THE MOST IMPORTANT FACT
: All Preferred B shares are extinguished so that dilution/conversion can NO longer happen meaning..So those waiting for the MARKET SHARE ORDER BIG DUMP DIPS OF THE PREFERRED B SHARES are cut off from getting in at lower levels....THAT INCLUDED THE MMS too that USED them to COVER their SHORTS in the PAST.. IT CANT AND WONT HAPPEN AGAIN-THEY ARE ALL GONE and was the SINGLE MOST DESTRUCTIVE FORCE on the PPS and we know that any deals Tom is putting in place are for RESTRICTED SHARE WITH A MINIMUM 1YR OUT SUBJECT TO RULE 144.
This means. *Our 172 M float is going to REMAIN UNCHANGED TILL JUNE/JULY 2018....and I can list MJ Sector stocks in the with Float 5 times larger that trade .10-.20+ range and are not only having much bigger floats but also huge debt/liabilities as well IN THE MILLIONS$ UNLIKE INMG WITH ONLY $90K. ALL UNLIKE INMG now!...read the new blog below to learn all about this and much more...good factual stuff...If these stock can hit .10-.20+ THERE IS NO REASON IN THE WORLD INMG CANT EITHER WITH VOLUME...ITS A ONE OF A KIND STOCK...YOU CANNOT INVEST IN ANOTHER CANNABIS NETWORK/CHANNEL ANYWHERE...PERIOD. THIS STOCK CAN BE SO MUCH MORE THAN THE VALUE AT THESE LEVELS...MUCH MUCH MORE WITH THE LOW FLOAT, ALMOST PROFITABLE ALREADY, EXTREMELY LOW DEBT/LIABILITIES AND LOW OVERHEAD, AND THE BOOM CANNABIS SECTOR THAT ALL NEED AT OUTLET TO ADVERTISE THEIR PRODUCTS & SERVICES.
*ALL MUST READ THIS NEW BLOG OUT 11/22 INMG talks about these PREFERRED B SHARES AND MUCH MORE: CannaNet.tv to Make Historic Network Launch in the Cannabis Space
INMG is almost PROFITABLE ALREADY....only a $12k loss in Q3 ( Rev- Operating expenses) HOW MANY OTC COMPANIES ARE PROFITABLE, VERY FEW OR NONE...INMG has VERY LITTLE DEBT/LIABILITIES and a small locked FLOAT till mid 2018...HOW MANY OTC companies can say that? NONE except INMG ....WITH THE LOW OVERHEAD TO MAINTAIN THE NETWORK because most is out sourced, its doesnt 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 and quickly like Q1 2018 the latest become PROFITABLE....VERY PROFITABLE...They earned $58k in rev. last quarter and the Cannanet.Tv wast not even up yet...was mostly from Live Stream Sales & Lux DIgiital Library. The Operating Expenses were only $70k...thats was mostly due to LIVE STREAM COSTS...and the company was ALMOST PROFITABLE ALREADY....Only a $12k LOSS for the quarter....GO LOOK AT THESE MJ STOCKS WITH $50-100M Market caps....they have HUGE LOSSES and NO REVs for the most part....Are market cap of INMG is $3M and a JOKE...should be much higher....it will get there....A PPS OF .40 would support MC of a $50M which would be inline with the sector.
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