Innovativ Media Group, Inc. (OTC Pink: INMG) Earnings Released - Sales Up Over 7,000%, Strong EBITA Growth
August 12 2016 - 7:06AM
InvestorsHub NewsWire
Innovativ Media Group, Inc. (OTC Pink:
INMG) Earnings Released - Sales Up Over 7,000%, Strong EBITA
Growth
Miami, FL--(InvestorsHub NewsWire – August 12, 2016) – EmergingGrowth.com, a leading independent small cap
media portal with an extensive history of providing unparalleled
content for the Emerging Growth markets and companies, reports on
Innovativ Media Group, Inc. (OTC Pink:
INMG)
Premium Channels Launch in Q3 Expected to Positively Impact Q4
Revenues
Innovativ Media Group, Inc. (OTC Pink:
INMG), new to EmergingGrowth.com, today announced
another record financial result today for the Quarter ending June
30, 2016.
In the 2nd Quarter the Company’s revenues substantially
increased to $49,322 compared with just $625 in the corresponding
Quarter from 2015 and the Company generated EBITA of $7,172
compared with a prior period loss of ($6,116.). Revenues in the
first six months of the year were $95,201 with earnings before
amortization of $14,140.
The Company plans on launching the first of its premium online
channels in the 3rd Quarter and expects it to positively
impact revenues in the 4th Quarter.
According to OTC Markets, As of August 10, 2016, Innovativ Media
Group, Inc. has a market cap of just $233,572.
As Innovativ Media Group, Inc. (OTC Pink:
INMG) expands its lineup of premium online channels, the
company expects to dramatically increase revenue with EBITA
approaching six figures.
Meanwhile, WRIT Media Group, Inc. (WRIT),
while in a similar market, has not reported any revenue thus far in 2016 that can be found,
did not report any revenue in full year 2015, yet commands a market
cap of nearly $5.4 million. This shows the potential for Innovativ
Media Group, Inc. (OTC Pink:
INMG) to vastly expand its market cap well into the millions.
Overall, Innovativ Media Group, Inc. (OTC Pink:
INMG) continues to strongly position itself within niche areas
of the hottest sector of the entertainment industry with unique,
branded streaming content.
Innovativ Media Group, Inc. (OTC Pink:
INMG) is new to EmergingGrowth.com. We plan on
focusing on and reporting any and all events to come from the
Company.
INMG may not be at
these levels much longer.
See the Press Release and other stories on Innovativ Media Group,
Inc. (OTC Pink:
INMG) at EmergingGrowth.com
http://www.EmergingGrowth.com
About Innovativ Media Group, Inc.
Innovativ Media Group (OTC Pink:
INMG) is a developer, producer and distributor of digital
entertainment and other multi-media content. It distributes the
motion picture assets of Lux Digital Pictures and, via New Broadway
Cinema, develops adaptations of stage shows utilizing its
trademarked DigiTheater™ Virtual Reality process. Innovativ also
operates The Alien Interview Channel on YouTube, in partnership
with FullScreen, Inc., the premium online channel HPLovecraft.TV
and is a principal in the Film Finance Exchange. http://innovativmedia.com
Other Emerging Growth
News
Force Protection Video Equipment Corp.
Force Protection Video Equipment Corp.
(OTCQB:
FPVD) markets and sells its lineup of body video cameras and
their accessories to law enforcement agencies, consumers, etc. The
body cameras have the ability to take HD video and capture audio.
The stock is up nearly 13% today during early trading, giving the
company gains of around 222% over the past five trading
sessions.
Over the past three months, Force
Protection Video Equipment Corp. has seen average daily volume of
around 3.53 million shares. However, nearly 14.1 million shares or
dollar volume of around $141,000, have already exchanged hands
during early trading on Thursday.
See
the full story on EmergingGrowth.com
here: http://emerginggrowth.com/force-protection-video-equipment-corp-otcqb-fpvd-surges-222-since-securing-order-u-s-government/
Bulova Technologies
Group, Inc.
Bulova Technologies Group, Inc.
(OTC Pink:
BTGI ), has seen a steady flow of volume over the past
eleven trading sessions. Trading at .07 less than 6 months
ago, the company has seen a steady decline to the sub penny
status.
Bulova Technologies Group, Inc.
traded approximately $1.5 million worth of stock over this time
frame as opposed to its average volume of approximately $15,000.00
worth of stock per day.
Priority Aviation,
Inc.
Shares of Priority Aviation, Inc. (OTC Pink:
PJET) have been among other leaders bring in almost a 70% gain
over the past four trading sessions.
Volume has been almost nonexistent for this
full service on demand charter aviation company. Over the
past 4 trading sessions, the company managed to trade over 100
million shares.
About EmergingGrowth.com
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companies. Through its evolution, EmergingGrowth.com found a niche in identifying
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reasons, trading price or market capitalization. We look for
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