Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Looks like we could be close to a rebound. $CMGO a knack of a pump after the dump. If it hits 0.00085 I am a candidate to buy big.
Everytime I make an observation wrapped in doubt they push the stock up. The bags out the cat.
Well you know their mantra. The volatility is insider created. If the kingpin isn't around to keep the finger on the pulse. Who would want their family members to be tainted with such dealings. $CMGO at 0.0014 today, how soon to be pressed up past 0.0020? The money go round pays the bills.
Any update on that SEC case. They found Bankman-Fried guilty enough in quick time. What's happening with Glenn's conspiracy case going?
It has reached its band bottom, looks like it's worth a punt if you believe in the $CMGO vol play.
It always helps the stock to tail off if you don't report. After the pump. Volatility is their product.
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.
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.
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.
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.
Dear ORCA, Do you know the debt burden which $CMGO holds. I don't believe it is worth the debt to be paid down. How many shares do you hold? Whilst any new owner could reduce shareholder value by reverse merger or/ & PIPE the debts unpaid would or could make the shell completely insolvent. Do you have a business which turns a profit to merge into the company?
It has been suspected, allegedly, that the family insiders had seven different characters on this message board to pump up the conversation. Glenn's cat is a little pissed as it only had warrants for a future date and time. Orca appears to be in the dog house. $CMGO IS REPRESENTATIVE of the pink norm.
If the oil technology is so wonderful, a large oil company would buy it using their 'petty cash'. I believe the technology is probably Russian which has been modified like a 'stack patent' at best. You can sometimes get away with a 11% modification under the 'Paris treaty rules'. I could not confirm that for a fact however. Clearly it's a theme Mr. Laken outwardly believes in. As to $CMGO price valuation it's about debt to revenue ratio. (d/r) Which makes this micro business a hard prospect to value higher than book value in my opinion.
Whilst I believe $CMGO could bounce higher a little. The direction of travel shows the stock halving once again within 90 days. No need for severe cliff edges.
If Mr. Laken is looking to sell out he can always drop me a line privately. I hold no opinion on matters around any management controversy. Just hold interest in the $CMGO Holdco. Glenn you know my contact details.
$CMGO The penny has dropped ORCA. I will wait till it hits 0.0004 to buy up whats left.
Hay if it keeps the lights on don't be so aloof to $1700 dollars. So this stock rise, maybe it's a short squeeze. DragonSlayer otherwise know as the $CMGO CEO does back the meme stocks.
I haven't checked the Edgars, however the insider shareholders need to sell of $CMGO stock at the beginning of the month to pay salaries. Still in a range until it goes south of 0.0019.
Good job you have deep, deep, convictions or pockets. If I am right the company $CMGO is worth 20% of a 0.0021 handle. Who will blink first.
These recent moves all about bid/ offer not real collapse. However the insiders always traded to keep the lights on. So beginning of the month we see the dip. When does anyone feel the turnover margin. How about never? What do you have to pay Mr. Laken for his shareholding. It's clearly risky with all the ongoing OTC/ SEC compliance costs.
The $CMGO debts and structure makes this stock worth about 20% of the present market cap. Many owners of this equity just doesn't want to crystallize their losses. Penny's for some although it was a "trading punt" gone wrong for the high majority. So it may take 18 months to wash down to 0.0005 or somewhere close to that value.
I think $CMGO is in more of a death wriggle than a spiral. Clearly no where near the last breath. With the daily bid motions of large stock holders make it look alive. Just a margin on the bid/offer spread. It can fluctuate between 0.0025 and 0.0028 forever. Glenn clearly has more important matters to focus upon daily. Alexis just comes back with rebuttles not anything to move the belief forward. So it's a bearish from me.
The $CMGO vision statement. CMG Holdings Group, Inc. is a full service marketing and communications holding company. CMGO's mission is to build a wealth for it's own. Could the stock value the company at less than $1 million this week with all that balance sheet debt?
YOU HAVE TO UNDERSTAND THE VALUE.It's not worth anything if the $CMGO shell has debt issued to the controlling family and outside entities. You can take control of OTC Pink shells for very low amounts in comparison to shareholders debt and assets. You have to merge an asset rich entity, with active cash flow generation. The business is worth 20% of market cap at most. Clear if Glenn disappears there is no one mature enough to dance the dance.
I think there has built up a 'them & us' mentality between $CMGO insiders and public shareholders . Don't the public expect a return when their money is at risk. RETURNS to whom is a fair question. Don't see anyone driving the stock in any direction.
So the question is do you think a very small business in a huge mega billion dollar petrochemical market will make something and keep it. Do you think big organizations would not have it if it held value. $CMGO really.
I have not seen the technology and don't think any if many who posts here have. However without divulging my sources I think the technology is old. Has been used or something very similar by Russian oil companies. Maybe modifications made to navigate around patents, stacked or otherwise. So I cannot say if it works or not, just that it won't create a revolutionary income. Larger players would have an equivalent or buy it immediately. Clean De-sulfuring sounds good and it is needed especially in the marine industry. Belief in $CMGO making something out of it is the big punt.
Yes ORCA, I hope he wants to sell out, think he wants it to pass to his daughter FergusIV. He has control. I will make a bid for his control stake when he loses interest. or Want to sell.
Glen normally does much of the reporting thats why its probably late. He holds the control. I think of it as a Holdco/shellco. No offense to anyone. Hope he gets off his legal dialemma as if the SEC only goes after pennies the real crimes in the NASDAQ don't get called to book.
As to $CMGO I am in no way a conspiracy therorist. However is it no so easy to push the stock down and back up in no time due to the ask. 0.0025 to 0.0030 and back to 0.0025.
The bid/ offer and Ms. Laken appearing on the message board to check in on the posts/ automated alert or not. Why not more on revenues over court cases and oil pipe dreams. The stock leaders has nothing to say?
Do you know how the CEO Glenn Laken's trials are going? I understand he is innocent till proven otherwise. However as the CEO position has not been transferred to another family member. It does not show on OTC web portal if a suggestion he has. Maybe it's the cost as OTC Markets charge for everything. However not commenting on legal proceedings? just 'CMGO' as a revenue and profitable entity. The outlook could be described as medium term or future fruitful at a time in place on cost of capital deployed?. Is it me or does operations swallow up the high majority of revenue and furthers debt.
Mike, I saw the spike, see it has rescinded today. I am an old cynic to the pattern. Looks like you get 500,000 to 700,000 shares daily, then a VOLUME spike up/ sell off. A 10% margin on the following day. Pays someones rent, maybe a Happy Meal or KFC.
All companies have assets, liabilities and operational costs. The benefit to any operator is the freedom not to have the compliance and costs which come with a public company. Carve outs, cash considerations and existing value post any reverse merger. People sometimes forget the true value of shareholders. You have to believe the stock value should improve if operational performance is true. Not smoke and mirrors on a time yet to come. As to $CMGO its just a holding company, operations could be spun off and replaced.
Well rather than answer your question as it was put. Shellco on the OTC PK status, full director and control history. Buying control and approximately 10% to 15% equity. Low value $180,000 through to high figure of $500,000. Then values due to many factors are variable. I had been offered distressed at $25,000. As to CMGO doesn't the Laken's own 15%ish. At a 20% control price premium would be what $220,000. Plus all the options and financial benefits they hold.
This view is speculative as of 23 March 2023.
If I had as many shares as you hold I would be claiming the same belief. You commented in an earlier post that shellco pinks are worth $1 million. I can pick them up for less with not the recent issues of $CMGO. If it keeps falling maybe the Laken's will sell out at above market value (POINT & TIME). Who knows. I am willing to buy from the market a significant % of the stock if price is in my evaluation.
It has always been manipulated for the crew in charge 70% of posts have been related parties. This stock can lose its market position so what it is worth is about new capital. New strategy, new management and a reverse merger.
I see many penny pinks at this level or worse having liquidity issues. I have had my run ins with the CEO. However I know what it is, not 100% on debt created. I did make an offer back in 2019 for control. Need to look at debt situation. I will start today. Hope you have not lost your pants on this one.
Do you know anyone who wants to sell privately $CMGO stock at 0.0022 per share.
Some peoples pain is other peoples gain. You have been a great personal supporter of the stock. Not sure what your tolerance window is anymore. G Gringo.
So anyone want to sell their $CMGO stock in a large block. Offers under 0.0025 on this $1.6 million dollar company $CMGO
All the insiders and family out today posting. All the girls and boys. The decision and strategy made to play out. $CMGO an inigma rapped in a riddle.
So if $100 dollars in volume pushes the $CMGO stock up 11% what does it say about the stock? Think the numbers up without some game changer.