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CHMD registration revoked:
https://www.sec.gov/litigation/opinions/2021/34-92281.pdf
CHMD SEC Suspension for severely delinquent Financials:
https://www.sec.gov/litigation/suspensions/2020/34-89277.pdf
Order:
https://www.sec.gov/litigation/suspensions/2020/34-89277-o.pdf
Admin. Proceeding:
https://www.sec.gov/litigation/admin/2020/34-89278.pdf
850000000000000000000000000000000000000SCAM ALERT
This is one POS. No point of selling now. If it is like this at the end of the year I will sell as a tax write-off
What the heck is happening now almost dropped $0.01
yeah yesterday was a good pipe reversal pattern, good luck!
Holding strong in the two's , I think this is going to be a runner here shortly
There are some huge buys today. I think it's just a matter of time before this thing explodes
High volumes and strong support. Good sign for investors. Slow and steady moving north. ??????
Looks like things are starting to change around here starting to go North glad I held on
That is good news!! In the near future this should take off!! Cha Ching Cha Ching!!
CHMD slowly moving up. Been along time waiting for this. don't know exactly what is going on but love to see this continue to move north. Slow and steady maybe we can get to .10cents
I'm not sure but it has made the stock price go up which is a good thing
Goes down on a $4.20 bid. What a pos
Hopefully we get some good news here soon and this thing goes North I'm not holding my breath though. Can't we just get one good one out of this POS
Welcome to Penny land. I'm just waiting for this to make a run and then I'm out but I've been waiting for years lol
Once again this p o s trades 19000 shares and drops over 9%. However,when trading millions of shares ( mostly buys) the stock goes no where. Are we all that stupid????. This will never happen to me again.
Here is a p o s that drops about 15% on 6000 shares sold, however over a period of a few months the stock has millions of shares BOUGHT,and the stock does nothing. ITS CALLED MANIPULATION..... WILL WE EVER LEARN??????
You have to admit right now it is holding at $0.02. Hopefully by the end of the year at least double in price or more
When was the last time you watched a stock where 90% of all the trades being completed were buy orders and the stock continues to go into the tank???? This is the award winning P O S of the last 5 years.
CHMD: effective May 25,2016 China Media Group Corp. will change to Median Group Inc.:
http://otce.finra.org/DLSymbolNameChanges
TEXTMUNICATION HOLDINGS, INC. group that burned many from CHMD . about to have another go around with txhd from money they made and dumped shares on from chmd......be careful so far from what is happen it has proven 100% fact. good luck you have been warned......
chmd burned many and now their over on txhd.....
this group that pumped (CHMD ) one is over on txhd doing the same thing ,,from what i am being told . both company have ties.. read the last ten 10-q and state your opinion ..do not let these scums bags rip more people off many were burned with (CHMD ) NOW SAME GROUP ARE DOING THE SAME WITH TXHD. GOOD LUCK. THESE PEOPLE ARE SCUM BAGS AND CROOKS.
TEXTMUNICATION HOLDINGS, INC.
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2015
(UNAUDITED)
NOTE 8 – SUBSEQUENT EVENTS
Our operating expenses were $3,069,358 for the nine months ended September 30, 2015, as compared with $358,996 for the nine months ended September 30, 2014. Our operating expenses consisted of general and administrative expenses for all periods.
Our general and administrative expenses for the nine months ended September 30, 2015 mainly consisted of consulting fees of management compensation of $2,823,231,
The major reason for the increase in operating expenses in 2015 over 2014 was a result of $2,700,000 in stock issued to consultants.
Other Expenses
We had other expenses of $814,245 for the three months ended September 30, 2015, as compared with $45,675 for the same period ended September 30, 2014. Other expenses for the three months ended September 30, 2015 consisted of $701,805 due to the loss on change of derivative liabilities, $97,241 in amortization of debt discount and $15,199 in interest expenses. Other expenses for the three months ended September 30, 2014 consisted of $26,376 in amortization of debt discount and $19,299 in interest expenses.
Net Loss
We had a net loss of $923,749 for the three months ended September 30, 2015, as compared with net loss of $216,561 for the three months ended September 30, 2014. We had a net loss of $3,943,213 for the nine months ended September 30, 2015, as compared with net loss of $319,284 for the nine months ended September 30, 2014.
Liquidity and Capital Resources
As of September 30, 2015, we had total current assets of $14,969. Our total current liabilities as of September 30, 2015 were $1,568,830. We had a working capital deficit of $1,553,861 as of September 30, 2015.
Cash Flows from Operating Activities
Operating activities used $258,012 in cash the nine months ended September 30, 2015, compared with $105,575 for the nine months ended September 30, 2014. Our net loss of $3,943,213 and accounts payable and accrued expenses of $37,627 were the main component of our negative operating cash flow, offset mainly by share based compensation of $2,748,000 the loss on derivative liabilities of $830,750 and amortization of debt discount of $143,487.
Cash Flows from Financing Activities
Based upon our current financial condition, we do not have sufficient cash to operate our business at the current level for the next twelve months. We anticipate needing approximately $1,000,000 in the next 12 months. This includes needed expenditures and as well as our growth plans. We only have $7,167 in cash as of September 30, 2015 and this amount is not sufficient for our needs.
Our optimum level of growth for success will be achieved if we are able to raise $1,000,000 in the next twelve months. However, funds are difficult to raise in today’s economic environment. If we are unable to raise $1,000,000 our ability to implement our business plan and achieve our goals will be significantly diminished.
We expect that we will not be able to continue operations beyond 6 months with our current available capital resources, which consists of limited cash and our monthly revenues, without obtaining additional funding or generating more revenues. We will need at a minimum $250,000 in capital to fund operations in the next 12 months.
We are dependent on investment capital to continue our survival. We have raised money through convertible debt, almost always on unfavorable terms. To date, we have not been successful in acquiring our goal of $1,000,000. There is no guarantee that these small convertible loans will be available to us in the future or on terms acceptable to us.
Going Concern
As of September 30, 2015, we have an accumulated deficit of $4,565,795. Our ability to continue as a going concern is contingent upon the successful completion of additional financing arrangements and our ability to achieve and maintain profitable operations. While we are expanding our best efforts to achieve the above plans, there is no assurance that any such activity will generate funds that will be available for operations. These conditions raise substantial doubt about our ability to continue as a going concern. These financial statements do not include any adjustments that might arise from this uncertainty.
i agree so should that piece of chit txhd every one being dumped on what a shame another piece of crap stock people getting burned on
Billions available around .02.....unlimited supply.
With 12.8 Billions os we are lucky it went over .02...in reality it should trade around .0002 to .0005
I guess you are right. Few people cashing out. Hope we can hold the price
Don't get me wrong. I wanted to say it came from double 00...i believe lot of people will take some profit....with a 100%gain.
Y? Nothing to indicate that. Get cheap shares as it will break resistance this week. It's still bullish
one of those charts that will climb steadily but you better be the first out when it crashes
Up up to the sky... Dont miss the plane.. Lol
This is my last year holding this POS. I will sell towards the end of the year if this does nothing. I will use this as a tax write off.
has this outfit ever had any successes in the last 5 years. They don't even produce their quarterly reports on time. A REAL P O S TO THE HIGHEST ORDER>>>>>>>>
Go to " CLIXSTER " and see what happened to them as of 9-15-15 in an article that I accidentally came across on my computer.
Welcome to the OTC
What kills me is that this p o s can drop in value 6% on one trade of 250 shares but stays as 1.25cents after trading 380,000 shares in one day. The day it traded 380,000 shares, all but 10,000 shares were buy orders but the stock did not go up at all. Can anyone explain how this happens? THANKS.
I am willing to make a wager that this p o s is off the board within two years. They refuse to produce any financials so that we investors can at least have some insight as to how good or bad they are actually doing. Time to look for another p o s .
I will wait to see what this does in December. If it doesn't do anything I might take the loss and move on. No point of keeping dead money here. I could at least invest it in something else and make up my losses from here.
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Mobile Advanced Global Integrated Communicator : M.A.G.I.C. - We have secured the distribution rights for M.A.G.I.C. Convergent Device for the territory of China and Hong Kong. M.A.G.I.C. is the next generation convergent device that has the full capabilities of a notebook computer but shrunk down to the size of a PDA phone. In 2009, we have also entered into a joint venture with Advance Tech Communications Sdn. Bhd. ("ATC") to market and distribute the devices developed by ATC worldwide other than the countries already under distribution by the Company. We believe mobile executives will recognize the benefit of having notebook functionality in a handheld device combined with video and data capabilities.
website: http://www.chinamediagroup.net
CHINA MEDIA GROUP CORPORATION
Entry into a Material Definitive Agreement
On December 22, 2010, the Company's subsidiary company, China Integrated Media Corporation Limited, a public company incorporated in Australia ("CIMC"), entered into an arrangement to lease 400 advertising sign boards in Kuala Lumpur, Malaysia for a lease term of 6 years from World Class Media Sdn. Bhd. ("World Class") for a total consideration of AUD515,000, which shall be settled by the issuance of i) a AUD15,000 promissory note payable in 30 days, and ii) 2,500,000 shares in CIMC.
World Class, a Malaysia incorporated company, is engaged in the outdoor media business in Malaysia and has a 10,000 sign board concession in various schools granted by the Ministry of Education in Malaysia.
Acquisition of Touche
In November 2010, CIMC acquired a digital signage solutions company, Touche Adaptive Systems Pty. Limited ("Touche").....
In October 2010, we acquired 69% interests in China Integrated Media Corporation Limited ("CIMC"), a public company in Australia that operates in digital signage media and China's television media, having the rights to three TV channels on an IPTV platform. This acquisition will open up the television sector to the Group. In November 2010, CIMC acquired a digital signage solutions company, Touche Adaptive Systems Pty. Limited ("Touche") to utilize Touche's technology for other markets such as China and Malaysia. In conjunction with this acquisition, the Group reorganized its outdoor sign business by transferring our subsidiary company Premier Multimedia Sdn. Bhd. under CIMC thereby consolidating all the board business into the CIMC group. CIMC will then be able to develop and focus on the board business for the Group. We will also explore other markets in the Asia region for any synergistic business opportunities.
On September 20, 2010, China Media Group Corporation ("CMG"), Good World Investments Limited ("GWIL"), a wholly owned subsidiary of CMG, and Tidewell Limited ("Tidewell") entered into a Sale and Purchase Agreement ("SP Agreement") for GWIL to acquire 100% equity interest in Jademan International Limited ("Jademan"), an investment holding company incorporated in Hong Kong, from Tidewell for a total purchase consideration of US$250,000, of which US$50,000 shall be paid by the issuance of a 6% per annum interest bearing promissory note and the remaining balance of US$200,000 shall be paid by the issuance of 10,000,000 shares in CMG. This SP Agreement is subject to GWIL's satisfactory due diligence.
In accordance with the SP Agreement, Tidewell is also entitled to receive an additional 10,000,000 shares in CMG when Jademan's subsidiary, China Integrated Media Corporation Limited ("CIMC"), a public company incorporated in Australia, is successfully being approved for quotation on the Australian Stock Exchange or any other internationally recognized exchange within 9 months from the date of completion of the SP Agreement ("Completion Date"). In addition, Tidewell is entitled to performance shares calculated at 4 times the Jademan's consolidated annualised earnings before income tax for the first two years from the Completion Date less US$250,000 at a share issue price discounted at 18% of the then 15 days average closing price of CMG shares quoted.
Jademan's primary asset is its 69% interests in CIMC, which is in the business of digital signage media and provisioning of contents and content management for Internet Protocol Television (IPTV) in China.
Our subsidiary, China Integrated Media Corporation Limited........IPO in Australia in early 2011.
Australian IPO, CHMD will hold shares 69% of the shares.
China Integrated Media Corporation Limited ("CIMC"), a public company incorporated in Australia, is successfully being approved for quotation on the Australian Stock Exchange
In October 2010, we acquired 69% interests in China Integrated Media Corporation Limited ("CIMC"), a public company in Australia that operates in digital signage media and China's television media, having the rights to three TV channels on an IPTV platform. This acquisition will open up the television sector to the Group.
China Media Group Corporation Announces Acquiring AX Organic Limited for Distribution of Organic Farm Produce for Health Products
Hong Kong, CHINA - April 27, 2010 -- China Media Group Corporation (OTCBB Symbol: CHMD) ("CMG") announces today its wholly owned subsidiary, Good World Investments Limited ("GWIL") entered into a conditional Sale and Purchase Agreement ("SP Agreement") with Mr. KONG Sum Onn to acquire 50% controlling interests in AX Organic Limited ("AX") for an initial consideration of 10,000,000 shares in CMG and a performance share consideration based on profit derived by AX over a 2 year period after closing.
CHENG PHENG LOI . Mr. Loi was appointed as Director and Chief Executive Officer of the Company on May 22, 2009. Prior to his appointment, Mr. Loi was the founder and has been the Chief Executive Officer of Advance Tech Communications Sdn. Bhd. ("ATC") for the past five years. ATC, a company incorporated in Malaysia, is a premier Research & Development company in convergent mobile communication devices.
Insiders own over 50% of shares O/S. Notice that since March 2008 they have only issued 30 million new shares. 10 million were for AX Organic Acquisition, 10 million were for CIMC deal and the other 10 million were restricted shares they sold for .02 per share. Unreal job making all these deals and not issuing many new shares to get it done.
From most recent filing
The number of common equity shares outstanding as of October 30, 2010 was 554,132,450 shares of Common Stock, no par value.
As of March 31, 2010, there were 534,132,450 no par value common stock of the Company issued and outstanding.
As of March 23, 2009, there were 534,132,450 no par value common stock of the Company issued and outstanding.
As of March 28, 2008, there were 524,132,450 no par value common stock of the Company issued and outstanding.
IPTV DD: CIMC through a subsidiary company has obtained the rights to manage the operation and content provisioning for the "Education", "Sports" and "Home Shopping" on Pay TV Channels from the China Radio International ("CRI") IPTV Nationwide license.
The Company has entered into two agreements for exclusive program production right acquisition from Sichuan Jin Peng Jin Ding Media Limited and for program production service from Hunan Education Television Station...
1)Agreement with Sichuan Jin Peng Jiu Ding Media Limited ("JPJD") for the right to operate the content provisioning and advertising for the 3 television channels (Education, Home Shopping and Sports) and for the video on demand services on the existing JPJD IPTV Platform in Sichuan Province, China. JPJD has the exclusive rights to operate the IPTV operation in Sichuan province under the China Radio International IPTV license.
2)Agreement with Hunan Education Television Station ("HETV") to provide content and content production for the "Education" IPTV channel and also for the use of HETV's production, editing and studio facilities to produce our own content. HETV is one of China's leading education television stations in China with a library database of over 20,000 hours of programs where we are able to broadcast some of these content through its IPTV Education Channel.
M.A.G.I.C. is a video communicator that makes mobile video a reality and is a key enabler for our Mobile & IPTV strategies moving forward.
CHMD deal with United Nations & Chinese Government for 10,000 billboards.
Deal info: The Company acquired 100% of the issued and outstanding shares of Good World Investments Limited, which owns 50% of the registered capital of Beijing Ren Ren Health Culture Promotion Limited ("BRR"). [BRR is working with the Chinese Government on a benevolent project named "Great Wall of China Project" to advertise and promote health education and health awareness in China.
Beijing Ren Ren has a nationwide advertising license to undertake the program of promoting health education and health awareness under the United Nations Millennium Development Goals Program which has been named the Great Walls of China Project in China. Beijing Ren Ren obtains the rights to advertise in hospitals as well as the rights of three outdoor signs in every district in China.
Great Wall of China deal.....10,000 Billboards
Project Name
China Population Millennium Development Goals Great Wall of China Project....to set up advertising display boards in hospitals and Family Planning Service Centers throughout China and set up large outdoor advertising billboards throughout cities in China.
Area
China Family Planning Association has over 200 AIDS prevention centers. We will choose from 10 provinces and use the AIDS prevention centers in these provinces as initial test sites.
We aim at setting up 10,000 notices boards and outdoor advertising billboards throughout communities in all cities and provinces in China before 2015.
The Project will setup advertising notice boards in county hospitals and family planning service centers throughout China, and to erect large outdoor advertising billboards throughout cities in China.
CHMD All-in-one DD Posts 1-12
DD Post #1 CHMD acquires CIMC:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58693796
DD Post #2 CIMC Corporate Profile Screen Shot
Confirming Merger
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58693905
DD Post #3, egaming.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58694055
DD Post #4: CHMD/CIMC Screen shot Corporate Highlights
including a brief list of deals and mergers
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58694221
DD Post #5: Australian IPO:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58694297
DD Post #6: Merger with CIMC 8K
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58694359
DD Post #7 Acquisition of Touche
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58694408
DD Post #8: Touche Acquisition DD
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58694646
DD Post #9: Last weeks deal for 400 Billboards
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58694759
DD Post #10: IPTV TV deals & MAGIC
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58694785
DD Post 11: MAGIC Launch this month screen shot
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58694989
DD Post #12: Screen shot from CIMC Website
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58753080
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