CMG Holdings Group Inc (CMGO)

[PlayMoneyBS]

Just back from vacation, so perhaps I can provide some answers!

First, there was a request for this:

Still waiting fellas. Waiting for anyone to show me once when the CEO has diluted. Or raised the authorized shares, or took on toxic notes, or has done ANYTHING besides looking out for shareholders.

Anyone?

As the question has been changed to "Can you name a time he has diluted? Or done anything that hurts shareholders like take on toxic debt or raised the authorized shares," I'm guessing the convertible shares he issued during his first year as CEO (iirc - he was the puppet master for quite some time before his appointment was announced) were revealed. If not, here they are:



Source: https://www.sec.gov/Archives/edgar/data/1346655/000121390015007861/f10q0615_cmgholdings.htm

When else? How about June 7, 2018 when he took the company dark, with no warning, leading to an immediate drop in PPS? https://www.sec.gov/Archives/edgar/data/1346655/000144583118000016/0001445831-18-000016-index.htm

How about paying 100% interest for loans from Irish Pension Funds?
How about loaning money to other OTC companies (who are having their own legal problems) instead of investing back into $CMGO?

Oh, and the success of that XA spin off had nothing to do with the CEO of $CMGO. That share price is because of a 1 for 25 reverse split and new management.