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$GOOG $888.10 looking great
$GOOG $900+ getting closer
that group of shareholders did have a size-able position, this is fact, the pps has NOT gone UP. so unless they got a bunch of $ together to take over the company and sell for a loss....
that number to me isn't real, unless those shareholders choose to identify themselves, their plans, and the size of their collective positions, if in fact they are holding in excess of 150 million shares, CMGO trade-able float is more like 40-50 million, this should be trading in the .03-.05 range off of that alone.
there is a very SMALL supply, the issue is there is NO demand and thus no pps appreciation.
unless another whale or a few of them come in and scoop up 10's of millions of shares.
since the AEYE spinoff there has been little to no communication as to the direction of the company. nothing forward looking. its like there is a big curtain and the company says something good is behind it, without a glimpse of "it" investors and traders lose interest rapidly
according to SS1 somewhere in the 107 mill are in strong hands, we have about 93-94 million to go before complete float lock
the float has to be just about locked up
news and BOOOOM
$CMGO
1 million share bidder at .0068
$CMGO
even though that correction regarding "convertible" was what investors wanted, it didn't affect PPS
Time for some PR's
go $CMGO
$CMGO bid UT .008x.0089
i would like to see solid bid support on a daily basis, and steady volume. 2 mill in vol 1 day then 0 the next will scare away new investors.
progress has been made over the past year, BIG progress. It would just be nicer to see the PPS reflect it.
all in good time. gives me more chances to load
quiet again today, no interest except those who have been here for forever
$CMGO - one day hopefully makes me rich
i wont hold my breath
the lack of volume in CMGO is depressing, i have a feeling i will have to hold for a few more years before it moves
i hope we hear a communication from management soon.
the Droid Razr Maxx, Mini, Ultra and Moto X are being released in the next week or 2.
Long $GOOG
Infinite Alpha
On April 29, 2013 the company issued a convertible promissory note for $51,500 to Infinite Alpha. The promissory note is unsecured, bears interest at 20%, and is due on demand. Any amounts not paid on demand will incur a 24% interest rate.
On May 20, 2013 the company issued a convertible promissory note for $53,000 to Asher. The convertible promissory note bears interest at 8% and is due on February 24, 2014 and any amount not paid by the due date will incur a 22% interest rate. The note is convertible at 58% of the average of the lowest three trading prices for the Company’s common stock during the ten trading day period prior to the conversion date after 180 days. The Company analyzed the conversion option for derivative accounting consideration under ASC 815-15 “Derivatives and Hedging” and determined that the instrument should be classified as liabilities once the conversion option becomes effective after 180 days due to there being no explicit limit to the number of shares to be delivered upon settlement of the above conversion options.
thank you
2,597,260 Cash on hand? am i reading this correctly?
looks like a significant increase since the last report
did you see today's info?
they went ahead and paid to announce late filing, i have a feeling there is something huge in the works!!!!
the filing may be late, but the company made sure to let investors know. The communication makes me feel VERY at ease. see below:
Notification That Quarterly Report Will Be Submitted Late (nt 10-q)
Print
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
Form 10-Q
For Period Ended June 30, 2013
PART I
REGISTRANT INFORMATION
CMG HOLDINGS GROUP, INC.
Full name of registrant
_____________________
Former name if applicable
333 Hudson Street, Suite 303
Address of principal executive office (Street and number)
New York, New York 10013
City, state and zip code
PART II
RULE 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate.)
[X]
(a)
The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
[X]
(b)
The subject annual report, semi-annual report, transition report on Form 10-K, 20-F, 11-K or Form N-SAR, or portion thereof will be filed on or before the 15th calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q, or portion thereof will be filed on or before the fifth calendar day following the prescribed due date; and
(c)
The accountant's statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.
PART III
NARRATIVE
State below in reasonable detail why the Form 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period. (Attach extra sheets if needed.)
The compilation, dissemination and review of the information required to be presented in the form 10-Q for the relevant quarter has imposed time constraints that have rendered timely filing of the Form 10-Q impracticable without undue hardship and expense to the registrant. The registrant undertakes the responsibility to file such quarterly report no later than 5 th calendar day after its original date.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this notification
Jeffrey Devlin
(646)
688-6381
(Name)
(Area Code)
(Telephone Number)
(2)
Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If the answer is no, identify report(s).
[ X ] Yes [ ] No
(3)
Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?
[ ] Yes [ X ] No
If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.
____________________________________________________________________________________________________________________________________________________________________________________________________
CMG HOLDINGS, INC.
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized.
Date: August 14, 2013
By: /s/ Jeffrey Devlin
Jeffrey Devlin
Director
was there news? PM L2 looks like we may gap up
.50 would be amazing!
I have been here over 1 year. I have been adding supporting etc. Nice to see the ball begin to roll
bid support is still strong, i would like to see a few MM join in the bidding war.
or maybe another 500k share buy at the offer like yesterday AM to kick us off
go $CMGO
here comes our .01 break
$CMGO 8k Out
Item 7.01. Regulation FD Disclosure.
Message from Management to our Shareholders.
It has been a while since we last communicated with you. We have been working on clearing up certain company matters and are pleased to announce today we have been extraordinarily successful in our efforts. Briefly, our negotiations with certain parties have resulted in a reduction in the company’s outstanding float by roughly 11.5%. That means there will be a return to the company’s treasury of 33.9 million outstanding shares. An outstanding note for $85,000.00 (plus two years interest at 20%) has just been cancelled and there will be a reversal on the company’s books, for the benefit of our shareholders.
The company has also resolved certain issues concerning Mr. Morrell’s compensation package, on retiring from the Company. Agreement has been reached that certain of his options will be cancelled and his outstanding note for $122,000 was resolved for 2.2 million newly issued shares, reducing the chance that more than 18 million shares would have to be issued.
These events are a huge net positive. We intend to issue an 8K shortly that will spell out where we believe the Company is headed and how we plan on getting there. We hope you are as excited as we are. We ask for just a bit more patience until we are in a position to reveal our game plan. Thanks again for your continued support.
$CMGO 8k Out
Item 7.01. Regulation FD Disclosure.
Message from Management to our Shareholders.
It has been a while since we last communicated with you. We have been working on clearing up certain company matters and are pleased to announce today we have been extraordinarily successful in our efforts. Briefly, our negotiations with certain parties have resulted in a reduction in the company’s outstanding float by roughly 11.5%. That means there will be a return to the company’s treasury of 33.9 million outstanding shares. An outstanding note for $85,000.00 (plus two years interest at 20%) has just been cancelled and there will be a reversal on the company’s books, for the benefit of our shareholders.
The company has also resolved certain issues concerning Mr. Morrell’s compensation package, on retiring from the Company. Agreement has been reached that certain of his options will be cancelled and his outstanding note for $122,000 was resolved for 2.2 million newly issued shares, reducing the chance that more than 18 million shares would have to be issued.
These events are a huge net positive. We intend to issue an 8K shortly that will spell out where we believe the Company is headed and how we plan on getting there. We hope you are as excited as we are. We ask for just a bit more patience until we are in a position to reveal our game plan. Thanks again for your continued support.
533k left at .009
if those .009's get eaten up today we will see .01 close imo
this is getting exciting!
huge day, solid accum, nice BIG ask slaps, slow and steady move over .01 then BOOOOM
patience is hard, but, i believe mine will pay off!
i saw VERT on the BID pushing CMGO a little higher today, this is a VERY positive sign to me! i wouldnt be surprised to see a few days with multi million share volume in the near future
good to see some volume today, hope we can move up over a penny and start building momentum
im most def still here, just busy at work,
CMGO will have its day, and when it does, im MORE then ready!
patiently waiting, quietly loading
this may not pay off tomorrow, but I believe in the long run it will pay of BIGGG Time. I can wait
$CMGO = $$
.001x.0014
100k trade at 9am?
quiet here today