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Since the SEC ordered the principals to no longer commit fraud, make false representations, pay back money, etc., everything may have just ceased to exist. I would guess the chances of $CMGO recouping their money to be very, very slim.
https://www.courtlistener.com/docket/7826888/175/securities-and-exchange-commission-of-the-united-states-v-laura/
I'm still waiting and quite curious about the antithesis you were to present of the argument you claim I cherry-picked my way to. There's no longer any more talk about the oil technology that was to revolutionize the oil industry. Have you any information?
Maybe it's that one phone call thing.
Or, bullies, liars, and thieves often go quiet when they are called on their BS.
#FixItUpChappie
He replied:
Have few shares.
Haven't heard from Glenn in months.
Speaking of laughable PR firms...
Are you still the IR Paul, or just trying to sell your shares?
Good luck!
A little birdie told me most of the rest of the CEO's co-defendants may finally be making appearance in court. As it is, the criminal charges and case still linger with no foreseeable resolution.
#FixItUpChappie
##RanItIntoTheGround
A PR firm is a bit laughable. We know exactly how well $CMGO and XA have been at putting out shitty, unreadable info.
The answer is most definitely, "Yes."
Does CMGO need a public relations expert, or does XA need a new president?
Hard to tell, with all of the recent activity created by the holding company. (eyes rolling)
https://www.linkedin.com/in/alexis-laken-52b9417
Funnel Cake sales generally do well during the state and county fairs.
The Google results are all funneling the same intel. Seems like that would be a material event.
All the Google searches are funneling the same intel. Seems like that would be a material event.
Summer is over, does CMG return from vacation soon? XA must be doing well. I think I saw that Alexis Laken had a new job, or perhaps it was a different A.L.
If anyone wants to sell me their $CMGO holding please send me a PM and name your price. If we can put together a large enough position we could start a move. Don't be a loser make a move to control your losses.
YES ITS OVER.GLEN IS SELLING DORITTOS IN THE CORNER.AND HIS 85 YEAR OLD DAUGHTER IS SELLING PIZZA AT DOMINOS.
BOTH LOSERS POS.WE ARE GOING TO STAY DOWN FOR THE NEXT 10 YEARS.UNTIL IT DIES.THERE WILL NEVER EVER THIS POS WILL SEE THE LIGHT AGAIN.I CARELESS IF IT GOES TO ZERO.
at this point, we can expect the stock to go to 0. Been months without 1 person buying on the ask..I've seen roadkill more alive than this.
I have family and friends who invested in the Pristec venture with the same individual who owns NVT but they can't seem to get in touch with him for an update. There hasn't been anything online lately and I thought you might have some inside information. Do you have any communication with these people?
Everybody has been waiting for you to buy up all the $CMGO shares and put yourself on the BOD. I think that's what's been posted for several years now.
#lipservice
GET GLEN AND HIS DAUGHTER AND FEED THEM TO THE SHARKS.THEY DESTROYED SHAREHOLDERS.THAT POS GLEN INSTEAD OF STEPPING DOWN FROM CEO,AND ALLOW SOMEONE ELSE TO COME ON BOARD,AND SALVAGE THE COMPANY,HE DECIDED TO STILL BE THE CEO, AND DESTROY THE SHAREHOLDERS FOR GOOD.I AM GLAD ALL MY SHARES ARE IN THE IRA ACCOUNT,AND DO NOT HAVE TO TAKE A LOSS.I WILL RIDE IT TO ZERO.BUT IT WILL ALSO RECEIVE A TREMENDOUS PAY BACK.WE ARE STAYING DOWN FOR THE NEXT 10 YEARS.
Just another Glen Laken fraud.
The Negative first? WTF? The whole thing is negative.
I think we are getting close on a time to make a $CMGO bid. Anyone looking to offload their stock send me a direct message. Will consider premium over 0.0010 if we achieve consolidated combined position. Clear vision on spin offs, carve outs and reverse merger with promising profitable player.
Turn the lights out, another great tip from Chesapeake
No more snake oil to sell, so nothing else to say?
#FixItUpChappie
Where's Glen? He hasn't posted in a year.
The $CMGO rise was a little reminiscent of the battle of the bulge. However it looks like the engine of the push ran out of the desulpherize momentum. Maybe some bag holders need to pay their bills this week.
It appears there was an update yesterday and the managers of the oil tech company are going to owe a lot of money. Maybe the CEO of $CMGO will take on more loans so he can pass the money to them.
#FixItUpChappie
#SinkingFasterThanTheTitanic
#FOGAbandonedShip
So, there is an update? Is that what you are trying to communicate?
I wouldn't count on anything from that oil venture. If you ask me, the owners of Pristec and NVT are nothing but deadbeats pumping up a technology they haven't accomplished anything with for over 13 years. The owners have been mentioned in a 2018 complaint by the SEC alleging the misappropriation of investor funds, making numerous misrepresentations about the technology, and allegedly making misrepresentations that they own the patents with global rights. According to the CMG quarterly report, a claim is made that Pristec has 108 worldwide patents for cold cracking of crude oil and other products. After reading much about this company online, I've come to understand that they own nothing but a shell of a company that not only milked investors for millions they somehow managed to persuade CMG to loan them $75,000 one year after the SEC complaint was made public online. NVT, also run by the same people, persuaded CMG to loan them $1,000,000 and is being sued by a refining company for the infringement of the patents to the technology it is purported NVT "successfully installed and tested its MVU technology at a prototype plant in Southern New Jersey." Although the allegations made are yet to be proven, it's a parade of red flags and much for those invested to be concerned over. A trial must be coming up soon. It will be interesting to know what a jury will decide.
I must have missed the updates on the oil business and XA.
No sharing of CMGO dreams this year. Must be an inability to
communicate to shareholders due to current lawsuit. Good excuse as any.
Wouldn't be the first time a company was destroyed due to his actions, while he profited.
#FixItUpChappie.
True. Convicted felon running this junk company.
The economy is booming post covid and there is a lack of available business? Obviously, this is a failed business model then. sheesh
Is it like people who run family businesses collecting monster paychecks for doing little to no work (and allegedly running illegal schemes to profit behind the scenes) not having to care about shareholders?
#FixItUpChappie
#FoxInTheHenHouse
I guess people who run multi-million dollar businesses don't have to give a crap about the price of gas and a cheeseburger.
The economy is booming?! Are you effing kidding me?!!!!!
I'm surprised bagholders haven't banded together to vote in a new BOD and CEO. Lots of people stuck holding worthless shares with a bone to pick with management.
Mr. Orca (big whale). You do know the $CMGO company is only worth the structure value in a winding up petition. That is if the debts can be closed as the operating companies not on the 'holdco'. Pink shells can go for as little as $50,000. The technology is a none starter, the balance sheet assets not particularly valuable to date. At 0.0010 someone may make a bid for Glenn's 15% holding, however the warrants would still be a balking point.
LMAO.YOU AND ANOTHER TEN LIKE YOU ANYTIME JELLY BEAN.YOU GOTTA BE KIDDING ME.LOL.LMAOOOOOOOOOOOOOOO.CRAWL UNDER THE ROCK AND STAY THERE UNTIL I CALL YOU OUT.
If you knew me well and were standing before me, I can guarantee you wouldn't have the valor to confront me as you have behind your ORCA character like you're some big shot or someone of substance. You would be as quiet as a church mouse trust me. Rather than exhibiting a response like a disrespectful adolescent wearing your insecurities on your sleeve before everyone on this board, you would have been better off not responding at all. It's not my issue if like a snowflake you've taken offense with my understanding of the reality or opinion, so don't waste your time responding and making more of a fool of yourself. Besides, I don't think too many of the "men" on this board want to entertain any infantility because I sure don't.
I can almost assure you that CMG will never see that money again.WOW YOU ARE A GOOD STORY TELLER.YOU KNOW EVERYTHING.IF YOU HAVE NO SHARES HERE JUST GET THE F OUT OF HERE.GO GET A JOB.IF YOU ARE BORED WITH YOUR LIFE.
Please help me understand, are you suggesting that the $ 1,459,209 NVT owes CMG is a positive with a lot of hope for a turn-around simply because a $60,000 payment was received and the loan accrued interest? Have you any idea who is behind NVT? I can almost assure you that CMG will never see that money again. The most CMG will gain out of NVT is a piece of paper promising to pay the principal with interest and a request to extend the loan year after year until CMG is forced to write it off.
Back in if it hits .0008 to .0009.
Thoughts? Management should suck less? A lot less? Burning more cash than you take in is not a sustainable business model. Borrowing money (toxic debt, no less) to loan to others seems to be a fairly poor thought out business model, as well.
All time low earlier this morning.
You are the biggest pump n dump artist on the internet. You do you, and I'll do me... sheesh
LOL.THEN SELL YOUR SHARES.OH I FORGOT.IF YOU EVER GO POSITIVE AGAIN.DO NOT WASTE YOUR TIME.IT WILL NOT WORK.SO FORGET ABOUT CMGO FOR EVER.
You went back 2 1/2 years? LMAO - Back then there seemed to be hope. Now..
CRICKETS... sheesh
GOOD THING YOU LOVE CMGO.
Drugdoctor
Re: MRDALE post# 135217
Wednesday, April 28, 2021 7:56:32 AM
Post#
135218
of 139397
Good morning... $CMGO ALWAYS runs back to PENNYLAND... now can we make it multi-pennies?
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About CMG Holdings Group, Inc.
CMG Holdings Group, Inc. (https://www.cmgholdingsinc.com/) is a Chicago holding company whose primary operating subsidiary is XA – The Experiential Agency, Inc. (http://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, including 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 mediums. XA serves clients across the marketing communication industry. Separately, CMG Holdings Group owns Lincoln Acquisition Corp., a subsidiary formed to manage its portfolio investments.
Glenn Laken grew up in Valley Stream N.Y. He graduated high school in 3 years. He went to C.W. Post College and graduated in 1975. He met his wife of 37 years Barbara while at college. The have 2 children Alexis, and Glenn Laken II. Alexis is a clothing designer in N.Y. with 2 of her own lines Contrarian and Prodigal Sons. His son is a attorney in Chicago with the international firm of Kirkland and Ellis. Glenn is an avid weightlifter and exercise fanatic, and has been lifting for 45 years, and routinely logs an hour a day on the exercise bike.
Glenn started in the financial industry in 1979 began on the floor of the NYFE. From there he became a partner at Conklin Cahill a NY stock exchange specialist firm, he spent 5 years there and had a commodity trading division that became very successful. From there Glenn went on to work for a legend in the business John Mulhearn of Jamie Securities a hedge fund with almost a billion dollars under management in 1984. Mr. Laken was the head commodity trader for the fund. In 1985 Mr. Laken moved to Chicago he set up a very large floor brokerage operation on the floor of the Chicago Mercantile Exchange. and shortly after he was approached by a Saudi investor to start a clearing firm. Under Mr. Laken’s guidance the firm had over 600 floor traders and 100 offices around the country. After almost 3 years Mr. Laken sold his share of the firm and went back to trading for himself. For the next decade Mr. Laken advised many companies and strategies for beating the markets.
In 1999 Mr. Laken purchased the fabled Cigarette Racing Team boat company which had fallen on hard times, in a 3 year turn around play a purchase for 6.25 million was turned into a almost 22 million dollar sale. Mr. Laken has been advising small public companies and startups for the last 5 years and is involved currently with CMG Holdings Inc.
SEC Charges 18 Defendants in International Scheme to Manipulate Stocks Using Hacked US Brokerage Accounts
https://www.sec.gov/news/press-release/2022-145
Washington D.C., Aug. 15, 2022 -
The Securities and Exchange Commission today charged 18 individuals and entities for their roles in a fraudulent scheme in which dozens of online retail brokerage accounts were hacked and improperly used to purchase microcap stocks to manipulate the price and trading volume of those stocks. Those charged include Rahim Mohamed of Alberta, Canada, who is alleged to have coordinated the hacking attacks, and several others in and outside the U.S. who allegedly benefited from or participated in the scheme.
According to the SEC’s complaint, in late 2017 and early 2018, hackers accessed at least 31 U.S. retail brokerage accounts and used them to purchase the securities of Lotus Bio-Technology Development Corp. and Good Gaming, Inc. The unauthorized purchases allegedly enabled fraudsters, who already controlled large blocks of Lotus Bio-Tech and Good Gaming stock, to sell their holdings at artificially high prices and reap more than $1 million in illicit proceeds. According to the complaint, Davies Wong of British Columbia, Canada, and Glenn B. Laken of Illinois, respectively, controlled the majority of the Lotus Bio-Tech and Good Gaming stock that was sold while the hacking attacks were being carried out, and Mohamed coordinated with Wong, Laken, and others to orchestrate the attacks. The complaint also alleges that Richard Tang of British Columbia, Canada, was involved with both the Lotus Bio-Tech and Good Gaming schemes.
“This case illustrates the critical importance of cybersecurity and of our ongoing efforts to protect retail investors from cyber fraud,” said Gurbir S. Grewal, Director of the SEC’s Division of Enforcement. “The SEC remains committed to rooting out this type of wrongdoing. Investors should also take precautions, including choosing strong passwords, using different passwords for different accounts, and using two-factor authentication when available.”
“Our complaint details a brazen and sophisticated scheme, with hackers using international accounts and dummy accountholders to hide their tracks,” said Nekia Hackworth Jones, Director of the SEC’s Atlanta Regional Office. “As this case demonstrates, the Division can uncover misconduct even when it crosses borders and is concealed behind multiple layers of obfuscation.”
The SEC’s complaint charges violations of the antifraud and beneficial ownership reporting provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934 and names two relief defendants who received proceeds from the hacks. The SEC seeks the return of ill-gotten gains plus interest, penalties, bars, and other equitable relief. The SEC’s investigation is continuing.
The SEC’s investigation has been conducted by Joshua Dickman and Lucy Graetz of the Atlanta Regional Office, Andrew McFall of the Washington, D.C. Office, and Patrick McCluskey of the Philadelphia Regional Office, with the assistance of Marlee Miller and Owen Granke of the SEC’s Office of International Affairs. The case is being supervised by Acting Chief of the Crypto Assets and Cyber Unit Carolyn Welshhans, Market Abuse Unit Chief Joseph Sansone, Justin Jeffries and Natalie Brunson of the Atlanta Regional Office, and Amy Flaherty Hartman of the Chicago Regional Office. Robert Gordon and William Hicks of the Atlanta Regional Office will lead the SEC’s litigation, supervised by M. Graham Loomis.
The SEC appreciates the assistance of the Financial Industry Regulatory Authority, the Alberta Securities Commission, the Australia Securities and Investments Commission, the British Columbia Securities Commission, the Calgary Police Service, the Cayman Islands Monetary Authority, the Dubai Financial Services Authority, the French Autorité des Marchés Financiers, the Hong Kong Securities and Futures Commission, the Mauritius Financial Services Commission, the Ontario Securities Commission, the Quebec Autorité des Marchés Financiers, the Royal Canadian Mounted Police, the Securities Commission of the Bahamas, the Sûreté du Québec, the Superintendencia del Mercado de Valores de la República Dominicana, the Swiss Financial Market Supervisory Authority, and the United Kingdom Financial Conduct Authority.
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