Verde Media Group Inc.(NASDAQ:HMIT) is a publicly traded company listed on the OTC Markets trading under the symbol HMIT. The Company operates a managed media financing company with production, distribution, and development functions.
HMIT has made an optimistic move with the increase of 40% with the trading volume of 171.06 million shares. It is currently traded at $0.0007 and has touched the day high of $0.0007 and low of $0.0004. The Company captures opportunities in the entire value chain of film and television creation by; (i) sourcing and evaluating prospective projects through a research-led investment process; and (ii) managing and structuring the production and distribution of such projects. In the month of May, the company signed one year Consultant agreement with Gregg Adams the President of Juniorminers.com.
Mr. Adams has been working in the oil and gas industry since 1978. He has been involved in exploration projects in the high Arctic and a handful of projects in the deserts of Libya. With the involvement of Mr. Adams as a consultant for production of “Cowboy Mining”, Verde Media Group Inc. is expected to access the mining concerns around the world with the wealth of knowledge. One month after the announcement of an agreement with Mr. Adams, Verde Media Group Inc signed a letter of intent to acquire an equity interest in Astrablu Media Inc. Astrablu Media Inc. is a film and television production company that produces, develops and distributes films and television programming nationally and internationally.
Astrablu Media Inc. assets include a film library and a current slate of highly commercial productions underway and in development. This is again an important stable and logical step for Verde to maintain their growth strategy. Josi Konski, the President and CEO of Astrablu Media, Inc. and a well-respected professional with an extensive track record in the film industry, having made Motion Pictures for Columbia, Paramount, Sony, Universal, New Century, Viacom (Showtime) as well as numerous independent production companies.
Recently, Verde Media Group Inc. issued Corporate Update on current status of the pilot episode of Cowboy Mining. The full crew and support staff had assembled and the company brought filming on August 12th, live in Hermosillo, Mexico. The company secured the Timmons SAN FRANCISCO GOLD project located in Sonora, Mexico as one of the premier locations that will feature the team from Globexplore.
Media was added to the corporate website documenting the production of the show. Further, in response to shareholder inquiries concerning the authorized common stock of the company, the amount authorized did not change and remained at four billion (4,000,000,000) shares. As previously stated, the Company is not raising the authorized.
But apart from the above mentioned announcement of acquiring equity interest and issuing the current status,Verde Media Group Inc is currently focused on its the upcoming project “CowBoy Mining”. This project is to win the race of developing the “next world-class” mine.
