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Not ignorant.
Just that they likely find themselves in conflict of interest once that saw them likely listed as future defendants
And it is likely why they recused themselves from the case
NBCU is not listed “yet” as a codefendant. And it is why HG are not very interested to settle
No settlement, court day
Court day, NBCU get listed as a codefendant
your position, not every one
there is 2 groups around; the long ones, that kept their shares for years, and the flippers that use shaky tactics to loosen up cheap shares for them to buy at someone else loses, just to double their money once bounce come back
hope you know what to do.
some around would be very happy to have you sell at a loss in their hands, just for them to flip it once it will double.
happens many time so far
Really!!! Valued at a dollar....this is as bad as those saying valued less then a cent.
0.001 pps would represents a valuation of 500K $ based on 500 MM shares
0.01 pps would represents a valuation of 5 MM$, which is the MINIMUM the lawsuit can bring
0.1 would represent a valuation at 50MM $ which is more likely.
Why 500 MM shares, because the current share structure is at 450 A/S and the CEO has an option for 45 or 50 MM share at 0.015 a share
So no one at CMGO would settle with for final valuation less then 0.05 to 0.1
just my opinion but please stop that non-sense.
Double negative
Didn’t didn’t
Same as did did
Where is the 10MM bid?
And if they’re buying on privileged info, that is also illegal
Pure speculation
How would you know unless it is someone close to you?
And how doing DD would bring a name up, I’ve never seen staff or others openly stating they’re buying on open markets
You actually know little
With a little 5MM settlement in the bank, the pps is worth 0.01$
So imagine 5, 10, 20 or even 40 times this
Cheap is an understatement at current price
Just buy the ask and they all gonna move up
Very easy
Thank you, agree on all accounts
If the sellers would move the ask closer to 0.01, they will get a better benefit
100% in agreement.
lets get the money where it should have been, within CMGO account.
With this, get everything current (filing, registration, websites, etc)
Then get on with life and continue to do business.
A 20MM (which is less then 10% of possible value) settlement would bring in a pps around 0.03-0.04 and it would be plenty to get CMGO and XA back on the map.
Now do you really believe that Glenn will settle for less then 10 cents in the dollar, I dont thing so.
I personally believe that a 33-50 cents in the dollar is a more realistic value. Do you own math....
The other think that I believe is good about a settlement is that, money to be paid is verifiable and can be frozen (guaranteed payment) and no possible appeal. Done deal, over with, end of this chapter.
Also, all the questions will then be answered as we would then be out of court.
On level 2, less then 1 million share to 0.1
Wishful thinking
Trying to bring in verifiable information, and not just interpretation here is some info.
Contingency plan. How can it be done?
Not an opinion, nor interpretation.
https://www4.floridabar.org/divexe/rrtfb.nsf/FV/A8644F215162F9DE85257164004C0429
And also Mr Edwards recent court win. Millions in the system (from 2-70 MM$)
https://www.epllc.com/recent-jury-verdicts/
I will not continue into this conversation; as you see it fit as you wish....
k
no need for explanation.... out of pocket expenses could include everything that is not lawyers fees, so feel free to read it as you wish.
Since everyone around knows the facts from years ago to now ( been posted all around and summarized zillions of time), Are you now in the "distorsion" segment od your favorite quote
Was referring to the fact that all 450 MM shares are voting shares and that there is no hidden voting power. One can, if willing to take this step, organise a vote to dismiss Glenn and current management. Exactly the same way the previous management got kicked out.
But this time around....I would vote against it.
I do trust Glenn. but who am I, to say so.
A shareholder, that's right. a share HOLDER
Greed!!!
CMGO is a 100% public company, with no preferred, previledged nor exceptionnal voting shares.
So please get on with it and if you think you can do better, just find enough shareholders to be reperesentative and vote him out.
Then you can propose someone to replace him.
Remember 51% of shares voting "out" will make it happen. Good luck to you.
I can say right now that you will not have my vote, and I know that I represent a significant portion of the voting shares
$CMGO, a very nive summary of what could the THE next one
http://psinvestor.com/cmgo-holdings-group-cmgo-shareholders-anticipate-settlement-payday/
$CMGO
Just awaiting a final judgement
Can be your next big move. see article
http://psinvestor.com/cmgo-holdings-group-cmgo-shareholders-anticipate-settlement-payday/
$CMGO,
might just be what you<re looking for
http://psinvestor.com/cmgo-holdings-group-cmgo-shareholders-anticipate-settlement-payday/
$CMGO; a nice summary. have a read
http://psinvestor.com/cmgo-holdings-group-cmgo-shareholders-anticipate-settlement-payday/
Blank stare!!!!!
Love the ask for 65$ minus fees
Really
Whomever is selling in the bid is only looking into lowering VOLONTARY the pps
Ask should be above 0.01 and let the bidder get to you
There is a demand, let’s them pay
Remember, 10% settlement would bring in 28 MM$ cash in which would represent a PPS above 0.05. Very unlikely
Now imagine a 25-50% settlement.
That would represent 70-150MM$ in cash which would mean a PPS at 0.15 to 0.30.
And remember if they settle, fees will be negotiated likely apart, and ability to pay , proven
That is why the Stay order is there. No one can hide
Now that SEC form 15 being listed, let look forward to a SEC Form 10, and become up-to-date.
Reference; See option C within following document
http://www.legalandcompliance.com/securities-resources/bringing-delinquent-exchange-act-reporting-companies-current/
How can today's filing make sense? or how can it be seen as a good news?
Actually, alone, the Form 15 would have been a very dark cloud over CMGO. However, the coming out of the current Form 15 after the Stay order published by the Judge after the settlement conference of May 31st, that is what I believe to be a great news.
Yes CMGO can go dark on finances before this Form 15 filing, but will have the obligation to report a balance sheet within 90 days. Furthermore, The Stay order will be completed within the 90 days, which will bring in cash flow before the new SEC deadline.
Few option from coming in line, once cash flow is coming to CMGO after settlement.
Cash can be used to a formal buyback then become a small private company.
Cash can be used to buy all shares back and dissolve the company
Once cash is available, the finances are restructured and CMGO return to full reporting company.
A combination of the above is also possible.
So is todays filing a good news, I do think so
Accusation!!!! Suggestion!!!! Speculation!!!!
Remember NBCU was NOT part of the settlement hearing....
They are not yet legally implicated, as no document accused them of wrongdoing
Court time will most likely bring them in as active players (defendants)
$CMGO, It is a legal play, but the case is in settlement discussion with the judge putting a Stay order...
closure soon
That is the time it was logged in. Nothing to say that it lasted that long.
Misleading info
Who said so?
Detail please
Hey sellers!!!
Ask yourself why about 70MM shares were bought within the last 24 hours?
Because at the price you’re selling, buyers see a large profit.
Your lost will be their profit, just sayin’
Keep on consolidating your paper lost