Innovativ Media Group (INMG) to Decrease Authorized Shares
25 Fevereiro 2016 - 10:00AM
InvestorsHub NewsWire
LOS ANGELES, CA (UPTICK Newswire -
February 25, 2016) – Innovativ Media Group, Inc. (OTCPK:INMG) (“Company”), announced today that the
Company will decrease its authorized common shares from
9,960,000,000 to 5, 560,000,000.
The capital re-structuring will be
effective upon the filing with the Washington Secretary of
State.
About Innovativ Media Group,
Inc.
Innovativ Media Group (Innovativ) is
a developer, producer and distributor of digital entertainment and
other multi-media content. It has acquired many of the assets of
Lux Digital Pictures including a library of feature motion 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., is producing the new web series
“Mountains of Madness” and is a principal in the Film Finance
Exchange. http://innovativmedia.com
https://upticknewswire.com/innovativ-media-group-inmg-to-decrease-authorized-shares
Forward-Looking
Statements
This press release contains certain
"forward-looking" statements, as defined in the United States
Private Securities Litigation Reform Act of 1995 that involve a
number of risks and uncertainties. Statements, which are not
historical facts, are forward-looking statements. The Company,
through its management, makes forwardlooking public statements
concerning its expected future operations, performance and other
developments. Such forwardlooking statements are necessarily
estimates reflecting the
Company's best judgment based upon
current information and involve a number of risks and
uncertainties, and there can be no assurance that other factors
will not affect the accuracy of such.
Contact:
Investor Relations
info@innovativmedia.com
510-948-4000
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