So, WHY IS INMG TRADING UNDER .01 & Not At Higher
Post# of 63
In the OTC, volume is KING! Over the last several months, volume in INMG has been extremely light, as many traders or shareholders have sold out in this low volume dragging the price down unnecessarily. The impatience levels on the OTC are very high among traders as the see other stocks take off and they simply don’t want to miss the potential ride up in those other tickers. Well that is exactly what has happened with INMG the last few months with many traders and shareholders selling at a loss to chase the “stock flavor of the day or week- THAT’S HOW THE OTC WORKS.” The bottom line is INMG has grown to now having multiple producing revenue streams compared to what it had back in September when the price hit .044, and that was when the last of the Preferred B Shares where diluted before being extinguished by the CEO. Now with the Preferred B Shares being removed, there has been NO DILUTION in INMG since the late September/October time frame. Go back and look at OTC markets for updated share structure. You will see this is factual, that there has been no increase in the numbers since then. All the deals the CEO is putting together are for restricted shares subject to rule 144, that don’t have any chance of hitting the market to the back half of 2018, if at all. That is why I’m calling this an unwarranted drop in price for INMG, when every single criterion you measure a stock by has been favorable except one- VOLUME, and volume is KING on the OTC.
*Here is my 10-point criteria checklist. I would be willing to bet that INMG has one of the most POSITIVE and FAVORABLE criteria to support a run, and has the potential revenue growth to support and sustain much higher price levels than these current prices vs. any stock on the OTC. In fact, I will compare it to few cannabis sector runners below to show you exactly what I am talking about why INMG is at a price level that is totally unwarranted.
(1-Small Float and OS, 2-No Dilution, 3-No insider selling, 4-No toxic debt, 5-Increasing revenues that will be up significantly starting in Q 1 2018, 6-Increased stock holder equity, 7-several acquisitions in cannabis space that have large potential revenue streams, 8-increased assets and cash on hand, 9-little debt and liabilities, 10-the first media network/cannabis conglomerate that I know of on the OTC.)
Lets compare some of the INMG criteria I have laid out vs. some sector runners. I key thing to note here is that the CEO of INMG does not utilize any stock promotional services or newsletters. I have not been able to find any and I believe that is a good thing. Yes, you might get the increased volume and hype from these services, but you can be almost certain they will drop back down because these services are hired for when these companies are diluting shares. I have always believed that an organic stock run is the best run and the sustainability in the price has a much higher chance of being attained by the merits by the company’s actions within the criteria I’ve discussed above. Lets look at the following stocks: AMFE, LVVV, POTN, NXTTF, SGMD, PNTV. I encourage all of you to look at these stocks share structures and filings. All of these have stocks below have either a much higher FLOAT, OS, AS, DEBT, LIABILITIES, CURRENT DILUTION, & ARE MUCH FOR FURTHER AWAY FROM THE PROFITABILITY THRESHOLD VS. INMG, but yet trade HIGHER. WHY IS THIS?
In a word, it’s UNWARRANTED.
Definition:
not justified or authorized.
“I am sure your fears are unwarranted”
synonyms: unjustified, uncalled for, unnecessary, unreasonable, unjust, groundless, excessive, gratuitous, immoderate, disproportionate, undue, unconscionable, unjustifiable, indefensible, inexcusable.
Additionally, it’s due to the lack of volume, and nothing else. It’s certainly NOT the company’s achievements I have outlined or the company’s transparency. The CEO puts out material based news about once a month, and updates otcmarkets.com around the same time.
AMFE is currently trading at .15 cents
AMFE SECURITY DETAILS- Share Structure
Market Cap- $68,053,949 03/19/2018
Authorized Shares 600,000,000 01/19/2018
Outstanding Shares 479,253,160 01/19/2018
Float 303,158,992 01/19/2018
NXTTF currently trades around $1.75
NXTTF Security Details – Share Structure
Market Cap 411,599,774 03/19/2018
Authorized Shares 233,863,508 12/18/2017
Outstanding Shares 233,863,508 12/18/2017
Float 233,863,508 12/18/2017
POTN is currently trading around .35 cents.
POTN SECURITY DETAILS- Share Structure
Market Cap $93,122,567 03/19/2018
Authorized Shares 1,000,000,000 09/30/2017
Outstanding Shares 269,920,485 11/28/2017
Float 269,920,485 11/28/2017
LVVV is currently trading around .05 cents.
LVVV SECURITY DETAILS- Share Structure
Market Cap- $28,175,612 03/19/2018
Authorized Shares 1,489,000,0000 03/12/2018
Outstanding Shares 720,603,8760 03/12/2018
Float 477,383,7260 6/23/2017 (*note even updated)
PNTV is currently trading around .07 cents.
PNTV SECURITY DETAILS- Share Structure
Market Cap $40,589,059 03/19/2018
Authorized Shares 1,200,000,000 03/15/2018
Outstanding Shares 588,247,236 03/15/2018
Float ? (*not updated since 2015, with the recent increase in AS/OS you could be sure it’s close to the OS. )
SGMG is currently trading at about .18 cents.
SGMD SECURITY DETAILS-Share Structure
Market Cap $43,294,260 03/19/2018
Authorized Shares 300,000,000 02/28/2018
Outstanding Shares 247,395,774 02/28/2018
Float ? 12/28/2016 (*Not updated for over 2 years so its probably very close to the OS.
So, let me wrap up my blog by saying the following about INMG. I believe this excessive drop in price is part of the cyclic dynamics of the OTC, and has been amplified by the low volume that traders and or shareholders have been selling into for months. I believe this price drop is completely unwarranted, because the transparency, progress and acquisitions, company filings and criteria that determine the health of a stock’s sustainability are all very good and one of the best stocks I see on the OTC. In fact, I cannot find a cannabis stock or any stock under $0.10 with a 172M float, earning growing revenues through multiple streams, has little debt, and approaching profitability like INMG. You can also throw in the CEO skin in the game only owning common shares (92M common shares) and not earning a salary to the mix. Additionally, I believe INMG is heading in the right direction with its recent acquisitions and multiple revenue streams (Kush Processing, Local Cannabis Dispensary, Night Flight), exclusive content like The Green Room Comedy Show, an the unique advertising ad-maximizer platform and at the same time keeping the shares structure in tact and not diluting shareholders while increasing assets. Its just a matter of time before the invest community realizes how good of buying opportunity INMG is with this unwarranted drop in price. Finally, there are many rumors and email conformations from the company outlining that they are developing and close to releasing apps for Cannanet.tv and LocalCannabisDispensary.com along with exploring a crypto currency platform. “Kush plans to expand the products and services it offers for the Cannabis industry over the next few Quarters and is also researching cryptocurrency processing and payment options for customers” (from pr on Jan. 24, 2018)