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Im pretty sure Doordash and other apps allow businesses to list other items now, to a degree. I see convenient stores selling random crap on there...
Why not offer a special where people can buy a large family meal and get a discount on a game title, delivered in the bag with the meal?.. Have like 5 titles to choose from, then change them each week. Maybe choose smaller card games which can be placed into the order bag with ease.
It would stand out in a food delivery app. It would also increase exposure big time... no one would have a listing like Snakes on there.
Each person that orders a meal should also be cross marketed on a CORPORATE APP. Just add a flyer in each order with some type of additional promo if they sign up on the app... Like a contest/giveaway.
This is how you shake and bake and turn a negative into a positive... and this is what investors love to buy into.
... but after this long, i have no hope for it happening. Roger does not have the business vision of someone his age. No tech/internet savvy (see website)
I dont own any.. For me to buy back in i need to see something BOLD from this company.
New locations that aren't in progress should be frozen and limited resources should be focused on utilizing their video content, warehouse full of game inventory, contacts, Snakes name/reputations etc... A corporate Snakes App, not a individual location app like the one in Tempe, would wake this stock up... and waking the stock up BIGLY is the key to survival long term
The table gaming sector is strong, but they are not focusing their many years of gaming expertise in the right areas and this spells disaster for the finances. Steve is a powerful resource alone!... without the ability to share game pieces these locations are nothing more than a limited restaurant and i dont think i need to explain whats happening in the sector right now.
It might also be wise to increase the game retail sections in these locations short term and run some type of promotion to attract people, if possible... Maybe focus marketing on older people because they are most likely to stay home.
Maybe im wrong about the biz, i dont know the internals... but i dont think im wrong about the stock. They need a BOLD/BIG initiative to attract all this $$$ pouring into stocks and an App is in their reach. They already have the most important aspects= content, inventory and a NAME in the sector.
... the fact that they cant see it bothers me. WHO doesn't have app nowadays?! This could be #StayAtHome penny stock right now, running hundreds of percent.
Families are stuck in their homes, looking for ways to entertain= board games
... and FUNN is focusing on new locations for a concept where everyone touches everything, then passes it along to the next group? lol
No creativity/strategy.... imagine if they invested in a gaming app loooong ago. They could be getting hype as a Covid Entertainment play, like Netflix, but smaller... much smaller.
Investing in new investor relations website is great (looong overdue), but it matters little if no NEW INTEREST will see it! They need to do something BOLD and tap into the boredom of the masses. Then once they get the stock jumping on THAT, they cant fund everything else. Make sense?
New locations etc = no new interest for the stock. It sucks, but so soooooo true. Location PRs never moved this stock, even when times were good.... and they need $$$!
An interactive table gaming focused app with free daily giveaways= RESURRECTION... and they can MAKE MONEY FROM IT AS WELL, along with the excitement/stock appreciation an initiative like this can generate in the penny market.... Roger lacks vision in regard to what moves the markets (funds initiatives, locations etc). He does not think like an investor, which is why he has waited this many YEARS to actually comprehend that they need a website that pushes the company as an investment... They have had this MASSIVE opportunity just sitting there and they cant figure it out, even when i Tweet him my App post a dozen times. This stock could be explosive right now.
If they played it right new title ADVERTISING/PROMOTION could become the biggest cash cow for this company. Steve could be making videos every few days for new titles + partner with popular gaming sites, etc. Then give some copies away VIA THE APP! ..These guys need to catch up to the MARKET and comprehend the untapped potential just sitting there, waiting to be grabbed. Apps are not that expensive, small businesses have them! You can also do the investor stuff on an APP. Sooo much untapped potential, they already have mountains of video content. Read: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152547036
No such thing as MM signals. Anyone can make those trades, how do you know who it is?
People often use those amounts to paint the bid/ask. Has nothing to do with market makers
Anybody can place 1000 share trade, there’s absolutely zero truth to the claim that there are “signals” on L2
I can even place a 411 or a 911 trade. Anybody can, which means it has no significance
But there sure are some large buyers. 4+ million looking to get bought on the .0044 bid right now... and no doubt there’s millions more at lower levels.
We should sit here in the .004s and absorb all the loose shares, then start moving into the .005s... remember, there’s zero dilution and the float is shrinking. One day it’s going to lift off and not come back
Retailers are going to have to get creative to get customers back and make them FEEL SAFE... and this could play right into XAs hands.
They could help companies setup social distancing based marketing/sales strategies, which is no doubt going to be required for most companies... Now that the economy is starting to open up, with social distancing requirements, we could see some new contracts announced, with very larger companies...
[img]http://investorshub.advfn.com/uimage/uploads/2020/5/10/jdcgsCapture.PNG
[/img]
What Is Experiential Marketing and Why Is It so Critical?
https://www.salesforce.com/products/marketing-cloud/best-practices/experiential-marketing/
XA/CMGO list of customers...
ADIDAS
AMERICAN EXPRESS
BEAUTYCOUNTER
BELKIN
BIRCHBOX
BLOOMBERG
BOXED WATER
BRAVO
CANDY CRUSH
COTTON
COVERGIRL
DIAGEO
DIET COKE
DISNEY
EMIRATES
GLAAD
GOOGLE
H&M
HBO
HERMES
ILLY
J.CREW
JEREMY SCOTT
LACOSTE
LYFT
L'Oréal
MADEWELL
MARRIOTT
MIANSAI
MICHAEL KORS
MILK BAR
MOET
MOMOFUKU
MOSCHINO
MR. PORTER
NBC
PAX
PERNOD RICARD
PERRIER
PERRIER JOUET
POLARIS
POMMERY
PRIVE RIVAUX
SHOWTIME
SONIC
STELLA ARTOIS
SVEDKA
TAG HEUER
THE SIMS
TIDAL
UBER
USA
UNICEF
VICE
VIMEO
W HOTELS
WWD
https://www.expagency.com/clients
When more $$$ is flowing in than the market cap of your company, that is a VERY good position to be in, as a company and investor... and this cash no longer requires any costs/expenses to obtain. They just have to deposit the checks, thats all the effort needed to put millions on the books. Its all FREE cash, which is not needed to keep their lean business afloat
... and guess what? THIS IS A BUYERS MARKET. Cash is KING. Glenn is in a very good position to do something life altering for all of us holding shares.
Ive studied/traded thousands of penny stocks over the decades and this is as good of a risk/reward that ive seen in some time. We are investing in CASH + the ability to WIN these lawsuits
Glenn is also motivated by the critics, along with his natural drive. This has put him on a path to reduce the OS the cleanest and most shareholder friendly way possible. His drive/motivation has also pushed him to execute on cleaning up the books, cost control measures, savvy decisions, protecting the COMMON shareholders, etc. Everything he is doing is for the benefit of the longs, it has just taken some time to get to this point.
I do trade this stock, i have for years... but this is more of a buy & hold now than at any time in their history, even with the pandemic punishing the economy.
I hope their current business succeeds, but this ticker would still be undervalued if it were a SHELL, because of all this free cash + ability to win MORE lawsuits... as i said this is a buyers market, acquisitions can be made at fire sale prices, esp if the acquirer has the $$$ to fulfill another companies underfunded business plan. Not many pennies are in this unique position, this stock could spike BIGLY at any time (with or without news) and never come back to these levels again.
$2 million market cap is a steal for a clean company with no dilution + more lawsuit wins than the valuation... along with a CEO that has PROVEN that he is working in the best interest of the COMMON shareholder.
Im excited to see what Glenn does next. He is not getting the financials in order (not easy) to stop now... A clean fully filing company + a reducing OS + wads of free cash is just the start of even bigger moves to come.
This is a great time to discover CMGO and position. Do the DD, do the simple math
Lets also not forget that the company could be getting cheaper soon, thanks to a large private buyback at low prices, barely touching their cash position.
So many aspect working in its favor, we just need to blow out of this trading range and not let the short term flippers reload cheap... get em to chase higher.
When any stock first starts to breakout theres usually a spurt of selling from the people that accumulated cheap. Its the 2nd wave that usually sees a bigger pop, which we could begin this week... and i bet many of the people selling want to be in this when it makes its annual .01+ run, so they will chase if it shows its going to continue the uptrend.
There is more reason to be in this right now than not, the underlying fundamentals are improving faster than the valuation.
We recently passed a resolution which has enabled us to buy 100MM shares of our stock to be retired. I discovered a rich vein of shares that I believe can be purchased way below the market. We have on our books that are restricted. They have been on deposit with the transfer agent and have remained untouched for 7 plus years. They are as small as 10k shares and as big as 500k to 1 million shares. One thing is for certain, they are never going to be deposited to trade. I have begun to call some of the listed owners. I have discussed buying them back by the company at severe discounts and there is good interest. I believe over the next couple of quarters, we will be able to repurchase the majority and reduce the OS by between 5-8 percent. I am very excited by this prospect and so should CMG shareholders be. As the process moves along, I will keep you informed.
https://www.otcmarkets.com/stock/CMGO/news/CMG-Provides-Corporate-Update?id=240325
CMG Holdings Group's Board of Directors Authorizes 100 Million Share Repurchase Program
Jun. 13, 2019, 04:30 PM
CHICAGO, June 13, 2019 (GLOBE NEWSWIRE) -- The Board of Directors of CMG Holdings Group, Inc. (OTC: CMGO) announces today the approval of a share buyback program of up to 100 million shares of the Company's common stock over the next two years. The share repurchases will be made at the discretion of the company through the open market purchases and/or privately negotiated transactions.
CMG's Chairman and CEO Glenn Laken said, "We are very excited by the prospects for the company going forward and have decided to implement this buyback based on our view that the price of the stock does not accurately reflect the value of the company and its increasingly positive prospects. We believe that this program is a very important step in increasing shareholder value. I'd like to thank our loyal shareholders for their support. Further information on CMG developments can be found at @CMGOnews on Twitter." The repurchases will be made with cash on hand, free cash flow from operations, and potential bank financing. Full details of the stock repurchase program may be found in CMG's report on Form 8K which will be filed within the next few business days.
About CMG Holdings Group, Inc.
CMG Holdings Group, Inc. is a Chicago holding company whose primary operating subsidiary is XA – The Experiential Agency, Inc. (https://www.experientialagency.com) - which engages in the alternative advertising, digital media, experiential and interactive marketing, and entertainment sectors. XA is involved in production and promotion, event design, sponsorship evaluation, negotiation and activation, talent buying, show production, stage and set design, and data analysis and management activities. The business also offers branding and design services, such as graphic, industrial and package designs across traditional and new media, public relations, social media, media development and relations, and interactive marketing platforms to provide its clients with customary private digital media networks to design and develop individual broadcasting digital media channels to sell, promote, and enhance their digital media video content through mobile, online, and social media. XA serves clients across the marketing communication industry. Separately, CMG Holdings Group owns Lincoln Acquisition Corp., a subsidiary formed to manage its portfolio investments.
Disclosure Statement
$CMGO SEC Edgar History of 9,540,098 Buyback Shares To-Date 2/20/22020
1,000,000 common shares in the open market at an average price of .00597 2/20/2020
https://www.sec.gov/Archives/edgar/data/1346655/000101738620000050/cmgo_2020feb20-8k.htm
1,200,000 common shares in the open market at an average price of .00625 2/11/2020
https://www.sec.gov/Archives/edgar/data/1346655/000101738620000016/cmgo_2020feb10-8k.htm
1,000,000 common shares in the open market at an average price of .0065 1/16/2020
https://www.sec.gov/Archives/edgar/data/1346655/000101738620000006/cmgo_2020jan16-8k.htm
3,300,000 common shares in the open market at an average price of .0063 1/6/2020
https://www.sec.gov/Archives/edgar/data/1346655/000101738620000002/0001017386-20-000002-index.htm
1,000,000 common shares in the open market at an average price of .00735 9/30/2019
https://www.sec.gov/Archives/edgar/data/1346655/000147793219005573/cmgo_8k.htm
990,000 common shares in the open market at an average price of .0073 7/10/2019
https://www.sec.gov/Archives/edgar/data/1346655/000101738619000194/cmgo_2019july9-8k.htm
1,050,098 common shares in the open market at an average price of .00769 6/26/2019
https://www.sec.gov/Archives/edgar/data/1346655/000101738619000174/cmgo_2019jun25-8k.htm
9,540,098 Total Buyback Shares To-date 2/20/2020 to Reduce the O/S
But its only traders selling, not the company or insiders. They are buying
Once they’ve becoming fully reporting the next step will be to get the stock over .01 and hold that level, so they can uplist.
Being fully reporting should add market value to the stock. It’s super cheap with all this cash pouring in... Like Ive said, I expect Glenn to do some type of deal once he gets the filings in order. he’s not buying back shares (for the company and himself), stockpiling cash and improving the filings for no reason
Zero fear of dilution + lots of potential
What’s new? Talk is cheap
At .007 it’s a great buy and headed to .01, then at .003 its supposedly a strong sell with no hope
Doing the opposite of these viewpoint is the smart way to invest/trade... with zero dilution potential and the OS shrinking, it will continue to get bought + bounce from these levels imo. The valuation is too low
But I thought it was a strong sell at lower levels?
Claims tend to change with only small moves
Its not "sinking". Its been trading in a range for a long time.
Selling has slowed to a trickle under .004, again... i bet we move back over .005 in the not too distant future, a 25%+ gain from sub .004
I should’ve said walking up by .0001 each week, not .001. No need to push it too fast, buyers would be jumping above it and likely start a rally back to recent highs
The key is to put up an EYE POPPING amount, so peeps start spreading it around social media.
...then add in the fact that there is ZERO dilution and it makes it even more powerful.
On top of this, the company would have plenty more $$$, would would push speculation further. The armory is stocked.
He could place a 50,000,000 order at .0035 ($175,000), then walk it up each week by .001. People would start buying above them imo and they would not get many.
The MMs might notice as well and start taking inventory for a run, which they would help fuel.
There aren't that many shares that would be sold under .004 imo
I’d like to see Glenn do a deal to acquire a positioning In or outright purchase/merge with a young tech or online service/ecommerce company. This stock would light on fire and he’d be able to sell back some of the shares hes acquiring In this area at much higher levels, replenishing the cash they used to acquire the company + fueling additional growth
Big money is always on the hunt for hot young companies in these sectors... and many of them are looking for ways to access the markets/$$$
Fully reporting + lots of uncommitted cash. This company is going to look even more attractive for a big deal.
A lot more attractive than merging into a shell with no cash + a very difficult market to raise any
So he’s not throwing in the towel?! this isnt a POS scam?!... and It only took one tweet reaffirming what we already knew!
Why would someone buy if they think Glenn is throwing in the towel?!
You notice how someone keeps putting up that 2+ million block just above the best ask, then quickly pulls it every time there’s a little buying?
They are trying to shake us with their fake wall.... The ask appears to be pretty thin down here without their block on the ask
Every single time the price drops to these levels it becomes a profitable trade not long afterwards.
... and nothing about this company, other than near term revs (like most companies), has gotten worse.
I dont see why it wont bounce again. A few of these 100% bounces per year can really boost ones income... but one day its not gonna come back down. Glenn keeps strengthening the structure of the company and they have more than enough cash to eliminate the need for dilution.
One of the rallies traders will sell into and they wont get them back cheap.
CMGO has multiple 100% runs and at least one big run over .01 each year...
Yep, i agree, we were discussing CMGO, which happens to be a penny stock.
Nothing about this company is getting worse. Every aspect is being improved over the losers Glenn took the company from.
I bet the stock moves nicely off these levels when they announce the large private buyback... and this can happen any day now
Every time we drop to this level we hear how it’s the end of the world, then the stock pops 100%. lol
Be greedy when others are fearful...
That claim lacks understanding of the penny market... This company has the level of free cash to do a deal that runs the stock hard, especially from this valuation level: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=155729766
Penny stocks run all the time and they are in a MUCH worse situation than this.
They just need to do some type of exciting deal to get the penny masses jumping... and he has the cash and share structure to do it.
... and this is a buyers market. There are many entrepreneurs that have great ideas which can’t be funded right now because it’s so hard to get cash. this potential is within their grasp. Entrepreneurs do deals for shells that cost hundreds of thousands of dollars and those companies have no cash, they still have to sell stock and raise it, which is not easy right now... while Glenn has a stack of cash ready to fund their idea, fueling the stock for hundred/thousands of percent From this extremely low valuation
I’m sure he knows he needs to do something big with this money. Opportunities exist, he just has to reach out and grab it... he’s in a position to choose, because they need CMGO more than we need them
The penny market rarely reflects actual situations. It’s a product of emotion and greed. There are no institutional investors giving these penny stocks support or recommendations.... just a lot of naïve money, whom doesn’t understand how to properly evaluate a stock
More often than not you will find complete crap that is worth more than this and great companies that are worth practically nothing... This is due to interest, which is everything in the penny market. This company does nothing to promote itself, which is why it lacks interest. Simple to understand. it has nothing to do with Warren Buffett not liking the stock or not. lol
Anybody that has traded penny stocks for as long as I have knows I’m right. If Glenn did more to promote the company and build the “story“, it would have more interest. Very simple to understand
Such BS... Its not a matter of if Glenn has extra time, I’m talking about the penny stock Transfer Agent’s which are very small companies, along with other sources of information that might be dealing with issues, like sickness, death and whatnot.... there are lockdowns all over this country in case someone hasn’t noticed. Is it hard to see that literally every company is dealing with issues???
Companies often over exaggerate the amount they can win, then settle for less. That’s pretty damn common. Are you insinuating that this is the only company that has settled for less?
When Glenn completes this private buyback he will be at about half of the amount that he said they intended to buy and I bet he’s on the bid in the .003s. Are we really nitpicking this aspect? I dont see the issue
Again, i see nothing in those claims that proves he’s doing anything to harm the common shareholders, which he is himself. Just insignificant BS, which bypasses the substance
As I said a couple days ago, when you are negotiating with several people to buy back their stock it takes awhile to get that done. Then once you do get it done it could take months to transfer all the names on the certificates.... especially during a pandemic, ya think???
Remember when the claim was that Glenn would never win any money?... then he did...
Or the claim that he would never get these filings done?... like he is...
Or that the buyback was just a ploy and would never happen?... which was false...
Each step of the way the claim was that Glenn would never get things done, then he does, consistently. It just takes time to win lawsuits and get paperwork in order. Not just for this company, every single one of them... he didn’t create these problems, the previous management did
... do you see Glenn diluting us? Or doing anything else to harm the common shareholders? All I see are speculations about him doing shady things, which eventually proves to be bullchit
He is not perfect and this is not a perfect company, but compared to the majority of penny stocks at this valuation level this is much cleaner and better value. He just needs to get the market to see a bigger picture that they can get behind, and he has the cash to do that type of deal
Or maybe they weren’t allowed to buy because they were trying to file an audited 10K...
And lets not forget the large block that they’re currently negotiating. Maybe this is close to being completed which is why he wasn’t buying open market stock over the past few months. The quarterly allotment is being dedicated for that
there are many possible reasons, I prefer logic over BS
The company had minimal money and was trying to win lawsuits, right? it makes sense not to spend on filings... This is exactly what a smart CEO does. Theres zero logic spending hundreds of thousands for filings when that money is needed to win MILLIONS, which he did…
… and now he’s fixing up the filings, because they have LOTS OF CASH... This is exactly what he should be doing.
This claim that somehow Glenn is destroying this Company has to end. He’s cleaning up every aspect, as the DD supports
CMGO SEC Edgar History of 9,540,098 Buyback Shares To-Date 2/20/22020
1,000,000 common shares in the open market at an average price of .00597 2/20/2020
https://www.sec.gov/Archives/edgar/data/1346655/000101738620000050/cmgo_2020feb20-8k.htm
1,200,000 common shares in the open market at an average price of .00625 2/11/2020
https://www.sec.gov/Archives/edgar/data/1346655/000101738620000016/cmgo_2020feb10-8k.htm
1,000,000 common shares in the open market at an average price of .0065 1/16/2020
https://www.sec.gov/Archives/edgar/data/1346655/000101738620000006/cmgo_2020jan16-8k.htm
3,300,000 common shares in the open market at an average price of .0063 1/6/2020
https://www.sec.gov/Archives/edgar/data/1346655/000101738620000002/0001017386-20-000002-index.htm
1,000,000 common shares in the open market at an average price of .00735 9/30/2019
https://www.sec.gov/Archives/edgar/data/1346655/000147793219005573/cmgo_8k.htm
990,000 common shares in the open market at an average price of .0073 7/10/2019
https://www.sec.gov/Archives/edgar/data/1346655/000101738619000194/cmgo_2019july9-8k.htm
1,050,098 common shares in the open market at an average price of .00769 6/26/2019
https://www.sec.gov/Archives/edgar/data/1346655/000101738619000174/cmgo_2019jun25-8k.htm
9,540,098 Total Buyback Shares To-date 2/20/2020 to Reduce the O/S
We recently passed a resolution which has enabled us to buy 100MM shares of our stock to be retired. I discovered a rich vein of shares that I believe can be purchased way below the market. We have on our books that are restricted. They have been on deposit with the transfer agent and have remained untouched for 7 plus years. They are as small as 10k shares and as big as 500k to 1 million shares. One thing is for certain, they are never going to be deposited to trade. I have begun to call some of the listed owners. I have discussed buying them back by the company at severe discounts and there is good interest. I believe over the next couple of quarters, we will be able to repurchase the majority and reduce the OS by between 5-8 percent. I am very excited by this prospect and so should CMG shareholders be. As the process moves along, I will keep you informed.
https://www.otcmarkets.com/stock/CMGO/news/CMG-Provides-Corporate-Update?id=240325