CMG Holdings Group Inc (CMGO)

[PlayMoneyBS]

On November 4, 2015, in connection with the foregoing ST Agreement, we entered into an Asset Purchase Agreement (the "Agreement") with CMG Holdings, Inc., a Nevada corporation ("CMG"), and SirenGPS, Inc. our controlling shareholder ("Siren") wherein we agreed to purchase certain assets of CMG in consideration of issuing CMG 85,600,000 shares of our Series B Preferred Stock and Siren agreed to transfer 14,600,000 shares of our Series B Preferred Stock owned by Siren to CMG thereby transferring control of HDS International Corp. to CMG. In addition, CMG is obligated to obtain a commitment for $300,000. This commitment may be waived by CMG in its sole discretion. Closing of this transaction will take place by November 16, 2015 with the issuance and transfer of the shares aforesaid and CMG transferring the assets to us.