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A LOT OF NOISE ON TWITTER ABOUT CMGO.THE CHEAP SHARES WILL BE EATEN UP.THEN WE MOVE ON 100K AND 200K BUYS.
CHECK LINK.READ POSTS.SOME POSTERS HAVE 30K FOLLOWERS??LOL.
https://twitter.com/search?q=CMGO&src=recent_search_click
OTC_Quinten
@OTC_Quinten
·
16m
Epic day in the #OTC 🔥
$SING: +40%, $48k volume
$BLEG: +60%, $139k volume
$BMXI: +42%, $59k volume
$AABB: +22%, $153k volume
$EBET: +25%, $192k volume
$CMGO: +80%, lower volume
Joe Cazz
@Jcazz17
·
24m
$BLEG $CMGO Set up nicely with big catalysts coming 💪
Due Diligence Virtuoso
@stock_hacker
·
6h
$CMGO had a PE of .0020 and .0030 in 2021/2019. The average PE Ratio for advertising in 30x. This Quarter alone likely larger then 2021 or 2019.. So lets just use .0025 x 30x = CMGO .075.. #INVESTMENT #FUCKFLIPPERS
Jenn
@jennyjunechris
·
20m
$CMGO Nice 😁
Quote
Jenn
@jennyjunechris
·
Oct 16
Good morning 😎
Possible continuation plays: $BDCO, $ZEVY, $CNBX, $CNER, $SDRC
Increased trading volume Friday : $SMGI, $CDSG, $CAPV, $FRZT, $CEOS, $DTGI, $SNWV, $INQD
News coming per company tweets: $GEGI, $CMGO
https://stocksandgains.com/watchlist-10-16-23
Show more
Kebrik the Profit
@kebrik
·
6h
Today's movers: $CRCW, $CMGO, $BLEG, $MGUY, and $CNER
Dr. Doom
@choppa_getin
·
Oct 15
$CMGO when nobody wanted it...
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Seananigans
@OTCseananigans
·
Oct 16
$CMGO news coming this week per CEO. Heavily undervalued currently.
Jenn
@jennyjunechris
·
Oct 16
Good morning 😎
Possible continuation plays: $BDCO, $ZEVY, $CNBX, $CNER, $SDRC
Increased trading volume Friday : $SMGI, $CDSG, $CAPV, $FRZT, $CEOS, $DTGI, $SNWV, $INQD
News coming per company tweets: $GEGI, $CMGO
https://stocksandgains.com/watchlist-10-16-23
Seananigans
@OTCseananigans
·
20h
Better than expected $CMGO news. 1.5 mil in revs in a single quarter and the market cap is still under 1 mil!
I doubt it stays that way by EOD tomorrow. Anything under .002 is a steal in my opinion.
Quote
CMG Holdings Group Inc. (CMGO)
@CMGONews
·
21h
$CMGO We are very proud to announce that XA is going to finish the year (4th Q) with it's best period in the last 8 years. The last quarter will gross between 1.5 and 2.0 million dollars. This will be generated by one of our oldest customers and a new customer who
Seananigans
@OTCseananigans
·
25m
Nice EOD action for $CMGO. Not only was I right that it would hit .002, but it tapped .0028 because it was so thin!
Should carry into tomorrow. LFG
Sear
ORCA ADDED .0016s AND .0019s PARCIAL.SOME STUPID IDIOT HIT THE BIDS AT .002 ONE MINUTE BEFORE CLOSE.UNREAL.
CMGO
CMG HOLDINGS GROUP
Open
Partial Fill
Buy 999,999
819333/999,999
Limit $0.0019 Day
3:54 PM 10/17/2023 3:54 PM 10/17/2023
A MUST READ POST::::CHECK TO SEE WHAT HAPPENED EACH TIME THE STOCK WAS THIS LOW OF .0015s.AND I THINK WITH THE BEST NEWS WE GOT TODAY, WE WILL BE VISITING THAT .0295 s PPS AGAIN.IMO.
MEGA RUN NUMBER ONE.WHEN WE WERE TRADING AT THE SAME PRICE AS OF TODAY:0015s.
IN DECEMBER 27TH-2018 AT A LOW OF .0015S.THREE MONTHS LATER MARCH 22ND-2019 IT RUN TO A HIGH OF .0294=AROUND 1,900 % RUN.LOOK BELOW THE LOW AND HIGH TO VERIFY.
Dec 27 2018 0.0016 -0.0001 -5.88% 0.0017 0.0017 0.0015 5,887,072
Mar 22 2019 0.0243 -0.0022 -8.3% 0.0278 0.0294 0.024 11,597,171
MEGA RUN BELOW NUMBER TWO.FROM A LOW OF .0023 IN MARCH 23RD -2020 TO A HIGH OF .0294 IN SEPT 1ST 2020.SO IN 5 MONTHS IT RUN AROUND 1,200%.LOOK BELOW LOW AND HIGH.
Mar 23 2020 0.0034 0.00 0.0% 0.0034 0.0034 0.0023 816,511
Sep 01 2020 0.0143 -0.0107 -42.8% 0.024 0.0294 0.014 60,770,588
I'm sure glad we have an expert petroleum/Terminal engineer to help explain the CMGO/NVT oil tech details. Whew....
It's a good play to sell shares and for the FOG and toxic debt holders to profit. Put out a Tweet that the 4th Quarter will be the best one in 8 years. Pump and dump. Don't remind anybody that they won't even know how much truth there is to this until next April.
Revisit the history. The pattern doesn't change.
#SameOldSongAndDance
#ThatDogHasNoNewTricks
Pristec did produce certified positive results
BUYS BY THE CEO LAKEN GLENN B
Common Stock 10/6/2020 P 25,000 A $0.0129 12,762,850 D
Common Stock 10/9/2020 P 10,000 A $0.012 12,772,850 D
Common Stock 10/9/2020 P 16,875 A $0.0121 12,789,725 D
Common Stock 10/9/2020 P 28,125 A $0.012 12,817,850 D
Common Stock 10/9/2020 P 30,000 A $0.0121 12,847,850 D
Common Stock 10/12/2020 P 10,000 A $0.0122 12,857,850 D
Common Stock 10/12/2020 P 10,000 A $0.0112 12,867,850 D
Common Stock 9/11/2020 P 100,000 A $0.0147 12,687,850 D
Common Stock 9/11/2020 P 25,000 A $0.0146 12,712,850 D
Common Stock 9/11/2020 P 25,000 A $0.0148 12,737,850 D
Common Stock 9/4/2020 P 40,000 A $0.019 12,587,850
Common Stock 9/3/2020 P 60,000 A $0.0167 12,547,850
LESS THAN TWO YEARS AGO CEO GLEN BOUGHT 1,4 MILLION SHARES AT .0098.VS .0015 NOW.IF HE LIKED IT THEN AT .0098
HE SHOULD LOVE TO BUYBACK AT .0015.
Common Stock 12/16/2021 P 1,423,000 A $0.0098 14,185,850 D
FORM 4
? Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
1. Name and Address of Reporting Person *
LAKEN GLENN B 2. Issuer Name and Ticker or Trading Symbol
CMG HOLDINGS GROUP, INC. [ CMGO ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
CEO
(Last) (First) (Middle)
2130 N LINCOLN PARK WEST, APT 8N 3. Date of Earliest Transaction (MM/DD/YYYY)
12/16/2021
(Street)
CHICAGO, IL 60614 4. If Amendment, Date Original Filed (MM/DD/YYYY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/16/2021 P 1,423,000 A $0.0098 14,185,850 D
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 8. Price of Derivative Security
(Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
Remarks:
The number of shares bought is a total over a time period from September 1, 2021 through December 16, 2021 with an average price of $.0098
Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
LAKEN GLENN B
2130 N LINCOLN PARK WEST, APT 8N
CHICAGO, IL 60614 X
CEO
Signatures
/s/Glenn Laken 12/17/2021
**Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
15 MONTHS AGO CEO GLEN BOUGHT 1,1 MILLION SHARES AT .0072 PPS.NOW THE PPS IS .0015.NOW IS THE TIME TO BUYBACK GLEN.YOU CAN BUY 4 MILLION WITH THE SAME AMOUNT OF MONEY YOU BOUGHT 1,1 MILLION.
https://www.otcmarkets.com/filing/html?id=15926600&guid=rh5-kaKC2iwfJth
FORM 4
? Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
1. Name and Address of Reporting Person *
LAKEN GLENN B 2. Issuer Name and Ticker or Trading Symbol
CMG HOLDINGS GROUP, INC. [ CMGO ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
CEO
(Last) (First) (Middle)
2130 N LINCOLN PARK WEST, APT 8N 3. Date of Earliest Transaction (MM/DD/YYYY)
6/1/2022
(Street)
CHICAGO, IL 60614 4. If Amendment, Date Original Filed (MM/DD/YYYY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 6/30/2022 P 1,110,900 A $0.0072 15,296,750 D
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 8. Price of Derivative Security
(Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
Remarks:
The number of shares bought is a total over a time period from June 1, 2022 through June 30, 2022 with an average price of $.0072
Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
LAKEN GLENN B
2130 N LINCOLN PARK WEST, APT 8N
CHICAGO, IL 60614 X
CEO
Signatures
/s/Glenn Laken 7/1/2022
**Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
IT LOOKS TO ME THAT A HUGE TURN AROUND WILL BE TAKING PLACE FOR CMGO.I BELIEVE A TON OF MONEY WILL BE MADE.$ 2 MILLION FOR ONE Q IS SOME VERY SERIOUS REVENUES.TRADING AT THIS PPS NOW IS ABSOLUTELY RDICULOUS.I ADDED TODAY.
AND SERIOUS BIDS ARE IN WAITING FOR SOME IDIOTS TO KEEP SELLING.LOL.
CAP 600$???ON A 2 $ MILLION Q4 ALONE???CRAZY.THE BIG BLOCKS OF STOCK WILL BE EATEN.AND THEN WE WILL BE MOVING UP ON 100K AND 200K BUYS.JUST LIKE BEFORE IN THE .01 ARE TO .015.AND THEN CMGO DID NOT HAVE $2 MILLION IN REVENUES IN ONE Q.AND THE SS IS THE SAME.
Concerning the deal with NVT and its technology, I heard from some reliable sources that Pristec did produce certified positive results about 10 years ago so I don't think the technology is a scam. I heard the company failed to accomplish anything due to the incompetence of its CEO and his misuse of investor funds. No one in the company had any petro industry experience other than an engineer from Austria who supposedly invented the technology and the one who accomplished the positive results. Since then, the same CEO has been trying to get the same results using a different version of the technology through NVT but has not accomplished anything to date. Albeit, I don't see CMG getting paid back any time soon in the foreseeable future if ever getting paid at all.
I'm not sure lies, bullshit, borrowing money to loan out to oil schemes, burning bridges with large clients via media interviews, or getting indicted by the SEC for fraud are "trivial matters," but I see those were glossed over.
The CEO has burned too many. The FOG have, too.
#TheTruthIsOutThere
#FixItUpChappie
#CEOFail
#SECIndicted
#AGAIN
Out of court, in court....Trivial matters. They won the case ------ whoops, I forgot a punctuation mark. lmao.
There's the revisionism. How soon they manipulate the truth.
How about posting up the Crain's interview where..eh hem..."Alexis" blamed NBC and Comcast sending all the XA and $CMGO business to Wagner, which is why they retained the biggest clients?
$CMGO did not win any lawsuit against Wagner or Hudson Gray. That lawsuit was settled out of court. While the FOG were here touting tens of millions of dollars in settlement monies, the CEO had to take what he could get and then he took that $2.75 million and pissed it away.
Hell, the CEO lost a breach of contract case to Burkhardt. Where is that in the timeline?
He has hired idiots, over and over, who have no clue about this business.
He's been charged criminally (again) by the SEC for fraud in relation to selling of $GMER shares.
He gave himself a loan for his own personal legal fees related to this.
And the idiot went and got himself scammed, borrowing millions to loan out to an oil scheme company.
That's the CEO investors were dealt.
#FixItUpChappie
#TheTruthIsOutThere
I love the historical revisionism. Nice try. Let us not forget, perhaps we can phrase it, "Best Revenues since the CEO and his daughter took over and began to realize that current XA management(Wagner et. al.) was secretly siphoning off clients, revenues and IP and covertly setting up another competing firm. So that was the hand the current CEO was dealt. These are facts and I'm sure you would agree on this historical timeline, as they are not debatable. CMGO won that lawsuit against the crooks, but a ton of damage was done as the thieves retained some of XA's big clients.
https://www.hollywoodreporter.com/business/business-news/hollywood-party-planners-fighting-200-926695/
https://www.prlog.org/12757644-cmg-holdings-group-inc-issues-shareholder-update.html
"Best Revenues" since the CEO and his daughter took over and began to run the company into the ground.
#FTFY
A pr wouldn't hurt though...best revenues in 8 years should deserve anything else than a tweet...jmho.
THE SS HAS BEEN UPDATED.NO CHANGE.CAP SAYS $617K.A JOKE CAP.WHEN YOU WILL HAVE $2 MILLION IN ONE Q ALONE.
THE STOCK SHOULD BE TRADING IN THE .01 AS I POST THIS.IMO.BUT SELLERS ARE WELCOME.30 MILLION ON THE BIDS WAITING.
CMGO SECURITY DETAILS
Share Structure
Market Cap Market Cap
617,198
10/16/2023
Authorized Shares
450,000,000
10/09/2023
Outstanding Shares
440,855,537
10/09/2023
Restricted
32,851,262
10/09/2023
Unrestricted
408,004,275
10/09/2023
It must be flipping time.
It's nice to see Alexis back and touting. One of her B-lister friends must need a wedding catered. $1.5-$2 million gross. Look at historical operating costs for $CMGO and XA. How far in the red will they be, even with this income?
Will Pristec ever repay the approximately $125K the CEO loaned them?
Will New Vacuum Technologies LLC(NVT) ever repay the $1.5 million the CEO loaned them?
Will the CEO ever repay the $100K he loaned himself for personal legal fees?
How are those $700K+ in convertible notes/debt coming along?
#FixItUpChappie
#TakeProfitsIfYouCan
Hummm...looking nice...it could run...GLTA.
Cost of those revenues? TIA
It would be very nice to have a big surprise !!
BRO I HOLD STOCKS FOR 20 YEARS.I EITHER MAKE MONEY,OR LOSE IT ALL.I RIDE THEM TO THE TOP.OR THE BOTTOM.
ITS DOES NOT MATTER TO ME.I WILL MAKE THE MONEY ON ANOTHER ONE.BUT I THINK CMGO IS BACK IN BUSINESS AND WILL RUN WILD FROM HERE .0014X.0015 IMO.
Any of us who are crazy enough to stay in this, deserve a payoff, so good luck to all of us bag holders
Nice $CMGO $$
I SEE.AFTER THIS NEWS TODAY.I EXPECT THE STOCK TO START RISING VERY SOON.AS IT ALREADY DID A LITTLE TODAY.
THE VOLUME TODAY IS ONE YEAR HIGH.ONCE SOME BIG BLOCKS FROM STUPID GETS BOUGHT OUT,WE WILL BE MOVING WITH 100K VOLUMES.LIKE BEFORE.THE STOCK WILL REBOUND.NO QUESTION ABOUT IT..0014X.0015.WE WILL REMEMBER.
Stupid is stupid does lol but my biggest screwing is Flex
DID YOU BAIL?OR STILL IN IT??
ANYDAZE
Re: PlayMoneyBS post# 138168
Wednesday, August 10, 2022 9:15:32 PM
Post#
138169
of 139474
I’m still staying positive, but the Long lapses of investor updates is totally unacceptable, especially when the CEO touts major happenings. Doesn’t add up !!!
Yes, and a major destructive murdering criminal as well
A LOT OF NEW FACES ON TWITTER TODAY.ON CMGO.SCROLL DOWN ON THE LINK.
https://twitter.com/search?q=CMGO&src=recent_search_click
CONGRATULATIONS.AROUND $2 MILLION FOR Q4 ONLY.UNREAL.CAP 500K$ WITH $2 MILLION Q4.CRAZY.THE Q4 ALONE SHOULD GIVE US A CAP OF $8 MILLION.LIKE 4X REVENUES OR .018 PPS.THE COMPANY NEVER HAD ONE Q OF $2 MILLION.AND IT TRADED
IN THE .03s.THE O/S NO CHANGE FOR YEARS.THE STOCK SHOULD ROCK BIG TIME.
I RESUME ADDING TOMORROW.
$CMGO We are very proud to announce that XA is going to finish the year (4th Q) with it's best period in the last 8 years. The last quarter will gross between 1.5 and 2.0 million dollars. This will be generated by one of our oldest customers and a new customer who
— CMG Holdings Group Inc. (CMGO) (@CMGONews) October 16, 2023
1.5 Million to 2 Million in 4th quarter.
She's not dead yet. Sorry to disappoint the anti-CMGO folks.
New Cmgo Tweet. $CMGO We are very proud to announce that XA is going to finish the year (4th Q) with it's best period in the last 8 years. The last quarter will gross between 1.5 and 2.0 million dollars. This will be generated by one of our oldest customers and a new customer who
manufactures woman's wear and is owned by a giant in the clothing business. We hope to share additional details concerning our other venture shortly. Patience will be well rewarded.
Allegedly.
"Contracts." Which B-Lister is having dinner catered? Will we see more disruptive technology? Someone else selling some weights on Ebay so that's now the future of $CMGO?
Maybe we can get Funnel to do some PRs?
#WhatAJoke
#FixItUpChappie
#HereWeGoAgain
#SameOldSongAndDance
CMGO.0013,CAP SAYS AROUND $500 K.LOL.HOPING WE START TO GET SOME GOOD NEWS,AND WE MOVE UP TO .01 AREA.AND IN 2024 WE VISIT THE .03S AGAIN.
CMGO SECURITY DETAILS
Share Structure
Market Cap Market Cap
506,984
10/13/2023
Authorized Shares
450,000,000
10/09/2023
Outstanding Shares
440,855,537
10/09/2023
Restricted
32,851,262
10/09/2023
Unrestricted
408,004,275
10/09/2023
I GUESS WE ARE ALIVE.HOPING THE BOAT TURNS AROUND FOR ALL CMGO SHAREHOLDERS.
Minutiae and trivial details i don't concern myself with, lmao. Who cares. Landing contracts I do care about. Sorry to tell ya, they are not dead yet lol.
"$CMGO We will be posting a twitter tomorrow." What's the difference between "posting a twitter" and "posting a tweet?" They want people to take $CMGO and XA seriously and market for people when they can't even manage the English language?
Hell, maybe XA is rebranding to "X," as well.
It is in no way evident, nor evident by any stretch of the imagination that "XA, The Experiential Agency is obviously still doing business." By any stretch of the imagination, evidence shows they are barely breathing and may be swirling down the funnel.
Perhaps it's a last effort to try and gain interest so the FOG can sell.
#OKBoomer
#FixItUpChappie
#CEOFail
XA, The Experiential Agency is obviously still doing business.
New Tweet: CMG Holdings Group Inc. (CMGO)
@CMGONews
·
$CMGO We will be posting a twitter tomorrow or Tuesday with some very exciting news about XA. It will speak to the phenomenal 4th quarter we are expecting from XA. Check it out!!
To busy to go over every detail of these complex cases. There is a long history as you know.
I'm still waiting for your antithesis.
As I understand it, the case text in the link you sent is for summary judgment the court granted the SEC on a few counts. Summary judgment was not granted on other counts that will more than likely go to trial if the SEC and the defendant don't agree to a settlement.
Well, well, looks like XA isn't dead after all. Hate to break all the bad news to the board....:)
More like the type of people that salt the earth, leaving it scorched for all who follow.
I always liked it when the narrative was, "Well, this crook isn't as bad as the last crook." 🤔🤨
#FixItUpChappie
This ceo has been at it longer than that. I think I’ve been paying attention for here for ten years. They said once a criminal always a criminal. I gave him the benefit of the doubt for a long time. I was wrong. He’s a convict and lives up to it every single chance he gets. Real salt of the earth type. SMH.
Very slim if not recouping anything at all. I would have to agree. I just don't understand how these guys haven't been criminally indicted yet. The Pristec CEO has been getting away with this for over a decade.
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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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