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CSMG Technologies, Inc (fka CTGI)

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Last Post: 10/5/2016 3:26:41 PM - Followers: 192 - Board type: Free - Posts Today: 0


Please note: CSMG Technologies, Inc. (CTGI) is an insolvent corporation declared by Texas (its state of incorporation) as Not in Good Standing. CSMG cannot therefore legally transact ordinary business as a corporation.

On 01 March 2010, Delaware voided Live Tissue Connect, Inc. (LTC), the sole CSMG subsidiary. LTC owes ca. $500,000 in accruing and back taxes.

CSMG has not issued any news or public statements since August 2010.

In its last financial statement, issued 14 November 2008, CSMG reported total losses of $20,000,000--not counting further millions of dollars in losses and tax liens after 2008.

The founder and CEO of CSMG died in December 2009. The CFO (the firm's only acting principal, formerly) is reportedly a defendant in a multi-million dollar lawsuit brought by a company alleging massive fraud.

In its 14-year history, neither CSMG nor its subsidiary LTC has recorded any identifiable sales.

Based on these circumstances, it is clear that insolvent and indebted CSMG Technologies, Inc. and subsidiary LTC are out of business, if not entirely defunct.


K. Bruce Jones
Vice President and Chief Financial Officer (inactive)

Stock Transfer Agent

Securities Transfer Corporation
2591 Dallas Parkway Suite 102
Frisco, Texas 75043
Tel: (469) 633-0100

Moderators' Disclaimer - This board is for CSMG Technologies, Inc. discussion purposes only, and the opinions expressed here do not in any way constitute a recommendation to buy or sell this stock (CTGI). Any investment decisions should be based on your own due diligence and your own best judgment as to risk and suitability. You are solely responsible for your choices to buy or sell this stock (CTGI) or any other investment mentioned or discussed on this board. The moderators disclaim any and all legal and/or personal liability for your investment decisions.
Updated February 2012

#35618   Will do gotinearly 10/05/16 03:26:41 PM
#35617   Just called Scottrade and my account was simply surfcity128 10/05/16 02:25:51 PM
#35616   Yes I have stock in BioFuse as well. gotinearly 10/05/16 09:28:52 AM
#35615   You received shares in BioFuse? surfcity128 10/04/16 10:55:31 PM
#35614   Thanks for posting on this dusty page. drive 09/14/16 11:25:26 AM
#35613   I want to reply to "Caveat Emptor's" post Wales Man 09/13/16 01:38:57 PM
#35612 surfcity128 05/06/16 12:51:13 PM
#35611   No, you must take the loss when it gotinearly 04/24/16 10:32:43 PM
#35610   No, you must take the loss when it gotinearly 04/24/16 10:32:26 PM
#35609   The company is bio fuse and they're headquartered drive 04/23/16 08:32:04 PM
#35608   My scottrade account just went to zero and surfcity128 04/23/16 05:24:31 PM
#35606   No, I still own my shares. One gotinearly 04/23/16 10:00:27 AM
#35605   No, I still own my shares. One gotinearly 04/23/16 10:00:14 AM
#35604   ever get an answer on this? surfcity128 04/22/16 11:36:40 PM
#35603   Just did today, looks like a 1 for gotinearly 02/02/15 04:34:23 PM
#35602   WTF? Just noticed that ScotTrade... kingpindg 02/01/15 02:58:50 PM
#35601   Thanks for sharing it. now its more clear. Lahori 08/13/13 11:06:59 PM
#35600   Great info samster3030 07/16/13 04:35:11 PM
#35599   Thanks! That was informative. Blorgalakt 02/05/13 02:16:03 AM
#35598   Nice post. Thanks. Good refresher. TMcNasty 01/12/13 12:19:34 AM
#35597   We'll assume you mean good luck with writing starboy 08/22/12 02:55:23 PM
#35596   I tried to warn all about this. Good spoiler 08/22/12 12:50:21 AM
#35595   CTGI Revoked: Note: 15 days from SEC Suspension Renee 08/01/12 10:01:42 AM
#35594   Definitely not nice, for sure, 22Hornet. Renee 07/12/12 01:48:35 PM
#35593   'Texas' connections rising in prevalence per suspensions/admin/litigation etc? 22hornet 07/12/12 01:13:59 PM
#35592   CTGI SEC Suspension: Renee 07/12/12 09:36:57 AM
#35589   If one really likes to lose money, then sojourner 04/14/12 04:46:02 PM
#35588   So what you're saying is that it's a rocketeer357 04/14/12 04:37:17 AM
#35587   CSMG Technologies, Inc. (CTGI) is an insolvent corporation sojourner 04/14/12 12:54:10 AM
#35586   Pointless paint job. Pizza money buys at ask sojourner 03/24/12 07:09:36 PM
#35585   13000 of volume..... SUEZIA 03/02/12 03:36:14 PM
#35584   Good selling opp. T/A says company is dead. sojourner 02/29/12 11:05:01 AM
#35583   LOL Someone is nickel and diming to give sojourner 02/28/12 02:48:35 PM
#35582   Etrade sold my shares as worthless stsamlouis 01/26/12 10:42:35 AM
#35581   It's now illegal for CSMG to transact business sojourner 01/25/12 04:13:19 PM
#35580   Suezia... I lost my but in the pennies wtctexas 12/19/11 12:02:29 PM
#35579   Whoohoo, sold my shares yesterday and got a otterman 12/13/11 12:57:55 PM
#35578   CTGI continues as scam. Painted close. Of 80% sojourner 12/12/11 07:42:46 PM
#35577   CTGI it's the mirror of USA's economy and SUEZIA 12/08/11 01:51:35 PM
#35576   It's a sad state of affairs when government sojourner 12/05/11 07:28:42 PM
#35575   LOL !!! downsideup 12/05/11 04:48:28 PM
#35574   Re: "I don't think its anything like an sojourner 12/05/11 04:23:42 PM
#35573   I'll agree that what you see here... provides downsideup 12/05/11 02:44:18 PM
#35572   I don't think its anything like an "excess downsideup 12/05/11 02:41:12 PM
#35571   LOL Inventor Paton's recent interview cremates CSMG(CTGI). sojourner 12/05/11 02:19:02 PM
#35570   Looking like shorts will NEVER have to cover... downsideup 12/05/11 04:30:20 AM
#35569   "How many ways can CSMG-LTC (CTGI) be dead? downsideup 12/05/11 04:26:31 AM
#35567   Inventor Borys_Paton delivers K.O. punch to denialists: sojourner 12/02/11 11:58:14 PM
#35561   03/2011: Another knife in CSMG(CTGI) corpse: It's reported sojourner 11/30/11 11:57:28 PM
#35559   Doubt it. Most buying at these levels wither otterman 11/30/11 04:10:10 PM