Date: August 12, 2016
Innovativ Media Group, Inc. (OTC
Pink: INMG)
INMG Innovativ Media Group,
Inc. Earnings Released - Sales Up Over 7,000%, Strong EBITA
Growth
Premium Channels Launch in Q3 Expected to Positively Impact Q4
Revenues
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
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 Companys 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. (OTCQB:
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
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