$CMGO @.015 currently Selling less than Quarterly revenue as detailed below...This was CMGO, and Glenn's best announcement exciting the troops here - allowing the stock to reach multi year highs..Wonder if the trend continues with next 10-Q ??? In any event with such a positive post should we not have this posted somewhere in our stickies?
Plus at this time we had cash on hand was $2,616,737. Including a significant amount of $AEYE Shares potentially adding $800,000.00 to our Cash reserve...
This would nice to have highlighted somewhere in our stickies....
LIQUIDITY AND CAPITAL RESOURCES:
As of March 31, 2014, the Company's cash on hand was $2,616,737.
CHICAGO, IL / ACCESSWIRE / May 15, 2014 / CMG Holdings Group, Inc. (“OTCQB-CMGO”) filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2014 in which CMGO announced revenues of $1,554,748, net loss of $20,973 and deferred revenue of $3,492,754. Taking into the account the deferred revenue, all of which was billed, received and earned by CMGO during the quarter, CMGO’s revenue and net income were $5,021,415 and $1,192,361, respectively. As adjusted, the first quarter is CMGO’s strongest in its history and its performance is significantly more favorable than the forecast provided in CMGO’s April 16, 2014 Chairman’s Letter. As set forth in that letter, CMGO has been recruiting new management, and after the first quarter, engaged qualified financial personnel to match the quality of its other executives. CMGO’s goal is to continue to build on its finance personnel to be able to track, report, analyze and improve its business.
IS THIS A 2018 STORY STOCK OR A 2014 STORY???
