Imagination TV, Inc. Corporate Update
March 16 2017 - 11:25AM
InvestorsHub NewsWire
To our shareholders,
First, I would like to thank all shareholders for your support.
Bringing this company back from the “dead” has been no easy task.
There have been many hurdles we have faced and overcome & more
we will face and continue to overcome, in the future. I am pleased
to report that as of yesterday, Wednesday March 15, 2017, we have
submitted all the documents required to bring Imagination TV to a
status of current, pending OTCMarkets.com review.
We are ready to begin moving to the next phase of Imagination TV’s
“re-birth”. We have started to lay the foundation, which will
transform Imagination TV into an innovative, revenue & profit
producing company providing longevity, transparency and shareholder
value.
Imagination TV’s business model has always been a combination of
technology and entertainment. We will be keeping the core of this
business model intact although we will be heavily incorporating one
of the hottest & fastest growing sectors in the market. We
fully expect to finalize this new business model within the next
7-10 days, or sooner and will be releasing a full press release and
detailed business plan to the public.
Successfully operating a public company is twofold; there is the
business model & successful execution of that business model
and then there is public infrastructure & cap structure; both
elements are extremely important. For this reason, I have begun
taking the necessary action to accomplish the following:
- - Working to restructure the company’s cap structure
- Bringing on a full-time management team
- Adding new board members
- Building a solid asset base
- Beginning to generate revenue
- Remaining transparent with our current and prospective
shareholders
- Focusing on building new subsidiaries
I am of the belief that hard work and smart business will breed
success. To that end, I have made it a point to not take a salary
from the company nor do I plan on doing so during this entire
transition period. Moving forward, any capital expenditures,
albeit for new management, funding options, or any new ventures
that the company gets involved with will be directed toward
corporate growth, not over-inflated salaries or wasted
spending.
Once again, I want to thank everyone for their continued
support.
Regards,
Joseph S Sirianni
Imagination TV, Inc.
Safe Harbor for Forward-Looking Statements: This
news release includes forward-looking statements. While these
statements are made to convey to the public the company's progress,
business opportunities and growth prospects, readers are cautioned
that such forward-looking statements represent management's
opinion. Whereas management believes such representations to be
true and accurate based on information and data available to the
company at this time, actual results may differ materially from
those described. The Company's operations and business prospects
are always subject to risk and uncertainties. Important factors
that may cause actual results to differ are and will be set forth
in the company's periodic filings with the U.S. Securities and
Exchange Commission.
Contact:
Email: info@empireventuresgroup.com
Phone: (307) 201-0602
Imagination TV (CE) (USOTC:IMTV)
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