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WHo doesn't love the giantkiller? Big dogs get in the CEO's way, and he takes them out at the knees, and his wife always has his back.
GLEnn Laken, putting swag back in his wag.
Is anything under .003 still an unbelievable opportunity? And everyone is ready to scoop them up? Smh.
It’s actually year of the pig :)
Welcome to 2019! The year of "Paying the Piper"! We're coming for you Joey! Nowhere left to run! Nowhere left to hide! The fact that our little teeny tiny bid in 2018 didn't get filled for the most part tells the story here. Hold 'em tight! Here we go! $CMGO
Happy New Year to Yall
~Well I think the defendants have received their fair share of due process. Time to pay up for the fraud.
CMGO
~The market is seeing a major upswing here in 2019 imo.
It's down to only 8.8 million today. Lol.
Who would have a vested interest in making sure the PPS didn't drop lower? Hmmmmm...
#MeetLaken
December 31st = Tax-Loss Selling Day!! WooHoo!!
I'm a buyer all day!! Got my catcher's mit on; so send them to me!!!
cbrad
TEM 11. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE.
ViaOne Services, SilverLinings Management, and CMG Holdings each own more that 5% of the company’s stock. The shares owned by ViaOne and SilverLinings Management are deemed to be beneficially owned by our CEO, David Dorwart. No other companies, directors or executive officers, nor any person who owned of record or was known to own beneficially more than 5% of our outstanding shares of common stock, nor any associate or affiliate of such persons or companies, have any material interest, direct or indirect, in any transaction that has occurred during the past fiscal year, or in any proposed transaction, which has materially affected or will affect us.
They might. We know they converted some preferred shares a while back. Maybe they didn’t sell them? That was the argument here. Just because they converted doesn’t mean they sold them. I don’t fully understand why you would do that. But I don’t know it all. And we only know any of this this through gmers filing obviously because cmgo hasn’t filed in years. So It’s anyone’s guess what’s left.
The Long’s will tell you 58%. I don’t know if that’s accurate or not. Jmo.
Does CMGO hold any interest in GMER? This is all I find in the 10Q.
On February 18, 2016, the Company, formerly HDS International Corp., acquired the assets of Good Gaming, Inc. from CMG Holdings Group, Inc. (OTCQB: CMGO
Again, does CMGO even hold an interest in GMER any more? Any stock?).
https://www.otcmarkets.com/filing/html?id=13068732&guid=yYd8Upv1YGskLth
Says in CMGO 10K they acquired GMER in 2014, then sold it in 2016...
Recent Acquisition of Good Gaming
On March 28, 2014, the Company completed its acquisition of 100% of the equity interests of Good Gaming, Inc. (“GGI”) by entering into a Share Exchange Agreement (the “SEA”) with BMB Financial, Inc. and Jackie Beckford, GGI’s shareholders. The owner of BMB Financial, Inc. is also the owner of Infinite Alpha, Inc. which provides consulting services to CMG. Pursuant to the SEA, for 100% of the shares of GGI, CMG paid: 5,000,000 shares of its common stock, par value $0.001 per share, $33,000 in equipment and consultant compensation and a commitment to pay $200,000 in development costs, of which $50,000 had been advanced by CMG. In addition, the SEA calls for CMG to adopt an incentive plan for GGI pursuant to which the GGI’s officers, directors and employees will receive up to 30% of the net profits of GGI and up to 30% of the proceeds of any sale of GGI or its assets. In November of 2015 the Company entered into an agreement to sell Good GFaming. The Sale closed in February of 2016.
https://www.otcmarkets.com/filing/html?id=11659811&guid=S0d8Ued6hOlFYth
Fake wall is someone putting a large block up on the ask to entice selling or slow down the action. Same person typically has a bid in there wanting to get filled ..... that block today either wanted filled and or to spark a run and show support can be complicated for sure
Question to the Smarter Folks Than Me:
Why would Any-Tard Bid 10 Million Shares on a board that is lucky to do
One Million Shares In Volume Each Day??
Is that what they call a "Fake Wall"?? To prevent PPS from Dropping
through the Floor??
Just Curious!!
cbrad
It's a small bid. We're not asking for much. It has been my observation that purchase of a position in virtually any ticker the last week of the year will produce an increase in account value the following year. Let's see if this meets my expectations. Always a plus to have a CEO who may be the best thing since sliced bread! Crack me up! Crack me up! $CMGO
Can anyone fill the bids before the end of the year? Thanks!
$CMGO
~Board is real quiet something brewing?
If it hits trip 2’s I’ll by it. But not until then.
Actually; I'm in for a milly all the way up to .002...
It will be "All or None" and not on Level 2..
I'll let you know when it fills..OK??
cbrad
In addition average length of a trial takes 2 to 4 months.
In addition average length of a trial takes 2 to 4 months.
Yup getting ready for the tax write off dumpathon!! $CMGO
That would be awesome
That would be awesome -
Yup I’m seeing CMGO hit 0.0002 before bounce
In my opinion, we haven't hit the bottom, yet.
Thanks PlayMoneyBS guess we will be down at the bottom for a bit longer.
CMGO$$$
If I were a carpenter, I would build a box to stash my newly acquired $CMGO shares in. But I am not, so into the steel vault they go. The season that keeps on giving!
After Christmas specials are my favorite. Keep them coming. I'm not done yet. $CMGO
Heard a fact: Never trust what Glen Laken tells you.
Still ready to settle for 5 million mike. Is that the number Glenn have you? That’s enough to make him happy right? Get his mother paid back? I mean, I can’t say I disagree with that decision. I like it. That poor women should be paid back.
Btw, I don’t build houses. I’ve only ever work commercial construction. And I’m not a shareholder. I was.
Dates to know.
Plaintiff's response to Defendant's reply due: Now moved to January 11, 2019
Defendants’ expert disclosures due: January 15, 2019.
Expert discovery to be completed: February 15, 2019.
Summary judgment motion filing: March 15, 2019
Trial date: TBA
Dates subject to further delays.
Good thing I’m completely useless and manual labor lmao
Heard thru the rumor mill that the defendant hired a shareholder to build his new house. I hear it is a carpenter doing the work from up north. He's doing it with stolen money.
Emailed Glenn a few days back, he told me updates would come in January
Do we know the date of the next catalyst, or court related event? This stock is always decent to buy at these levels and flip around .003 or .004 on excitement of news.
I would certainly hope it doesn’t go till March as I’ve been waiting for months at a penny a share unfortunately ??
Keep 'em coming boys and girls. Finishing up my game plan for 2019. These will be for sale at a nickel in March. Know what you own. Know where you're going. We're coming for you Joey! No place left to hide! $CMGO
yup its time to stock up while we wait for the case to be settled
Just read the last filing. The defendants lawyer is either mis-informed or just got out of law school, laughable.
Read the incompetent defense attorney's reasoning for his clients to commit theft, it boils down to it will not be allowed to influence the outcome and soon this will be over for cult hero Joey. I wonder what the IRS thinks of Joe or will think of Joe he is screwed
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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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