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Last month we wrote about INNOVATIV MEDIA GR COM USD0.0001 (OTCMKTS:INMG), as we watched it rally from a triple zero sub penny to become a penny stock.  But if you blinked your eyes shares returned to TZSP status.  I’m here to tell you this is absolutely normal.  Yes it is normal for these stocks to trade up and down, and then up again.

If you’re trading these stocks (and I assume you are because you are reading this) you need to be aware that they always trade like this at the start. Now you must look for clues as to the future price action. A look at the chart below shows this volatility and where shares have been.

The important thing to watch now is what the company does, and what the volume and share price do as a result.  I encourage you to read a recent PR put out by the CEO talking about his date with Carrie Fisher. This will explain a bit about the depth the company has in it’s leadership.

In some recent news, INNOVATIV MEDIA GR COM USD0.0001 (OTCMKTS:INMG) plans to be a premium event sponsor at MJAC 2017 as the InvestorsHub International Cannabis Conference to be held in Los Angeles, California September 1-2, 2017. They will host a prominent booth and will make a presentation of the CannaNet.TV platform, its new online, ad supported channel will stream curated and original entertainment, informational and educational video content related to the Cannabis and CBD culture and industries.

“MJAC 2017 will be a major industry conference and we believe it a fitting forum to introduce CannaNet.TV,” said Company CEO, Tom Coleman. Matthew Collom of InvestorsHub.com added: “We are pleased to have Innovativ Media Group, Inc. as one of our premium sponsors. The CannaNet platform is quite innovative and we believe it will be of substantial interest to our MJAC 2017 attendees. We are pleased that INMG is choosing to debut it at our Conference.”

Subscribe below and we’ll keep you on top of what’s happening before $INMG stock makes its next move.

$INMG 10-Day Chart Below:

The company is a multi-media content producer and distributor, today announced it has acquired the media assets of Canna TV OÜ and will be launching a new online, ad supported platform and channel CannaNet.TV, and will program a broad mix of live action and animated series, news shows, specials, music videos and tutorials on an independent platform and expects to offer interactive and e-commerce applications.

“Successful new video networks require large, organized communities and clearly defined audiences and we believe the burgeoning Cannabis space will enthusiastically respond to and support a professionally programmed and managed channel,” said Company CEO, Tom Coleman. Coleman continued, “When these assets became available we moved fast as they will give us a foundation to jump start and develop the network. We expect the platform will be an attractive advertising medium for a wide range of Cannabis and CBD related businesses, products and services looking to target customers, which to date, have had limited online advertising options.”

CannaNet.TV, is scheduled to be first available in the 4th Quarter 2017, Innovativ Media Group, Inc. (OTCMKTS:INMG) is led by an interesting industry veteran Tom Coleman. Coleman is the CEO of Innovativ Media Group and founder of the Atlantic Entertainment Group and RadioTV Network. He is the producer of numerous films and a 30-year member of the Academy.

My suggestion is to read his article written for the Hollywood Reporter. In a recent press release he tells a wonderful story about his date with Carrie Fisher for the original Star Wars party, and the events of the night. It is poignant and sweet, but more importantly for shareholders they should know they are dealing with someone who has been in and around the industry and is jumping into this new cannabis sector.  I think of all of the operational issues that face these start ups position the company, and they could not have a better hand on the rudder.  For continuing coverage on shares of INMG stock, as well as our other hot stock picks, sign up for our free newsletter today and get our next hot stock pick!


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