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No, it doesn't list any kind of restrictions. It just says they were issued for various types of services rendered. And of course all this stuff is unaudited - had they been audited, we'd probably have a better idea.
Wow - 300 million shares issued between 4Q13 and 2Q14. Looks like Ed needs to figure out a way to pay people other than using common stock. No wonder this price is so low.
@sycamorefilms: $SEGI disclosure docs and attorney letter UP and under review. Excited to get PINK. Next stop...Cannes
Does Gerry McNamera lift there?
It is due tomorrow (5/15). With an extension, it is due Tuesday, 5/20, but the consensus here is that the company is doing everything to get it out by tomrrow to avoid having to file an extension.
Be kind, rewind.
He's clueless, just a new fish...ignore!
I remember MW saying about the time the 10-K came out in April that that was the last time the company was planning to do an extension. So assuming that's the case with the Q, we should be getting it any time within the next 2 or 3 days. Exciting times!
Oh baby, we're rocking and rolling now!!
This is great! And we've still got the Q to come, hopefully this week, which should look pretty nice!
Does anyone know what the url is for the new CMGO web site? Thanks.
Thanks for the info but I'm kind of confused. A couple weeks ago, the IR guy said the auditors had the numbers, were working briskly, and everything was progressing rapidly. But now there is no audit because it's too expensive?
What is their Twitter handle?
@sycamorefilms: $SEGI excited to have http://t.co/1Cd8AuRcMX on board to handle publicity for our upcoming films.
There shouldn't be since the buyback wouldn't have started until May, which would be 2Q.
I thought this was interesting. Good Gaming posted it on their Facebook page. It's like you're reading a recap of a baseball game or something - kind of interesting.
http://www.dailydot.com/esports/alex-ich-rest-in-pepperonies/
@GoodGamingInc: Good-Gaming has a proprietary matchmaking system for top level gamers beyond the current simple linear ranking system. Gaming eSports
I'm with you - I'm curious how this will work because I haven't had much experience with it. The only thing I know is that it would seem to make sense that if the company was going to buy back shares, now would be the best time to do it because they could get more shares for less money since the price is so low. So I would think if they were ever going to buy it back, it would be now. But, like you, I'm interested to find out if there is a way to know if/when the company is buying back shares.
My gut says that it would be disclosed in the 10-Q or if they choose to PR what they've bought back?? But my gut has failed me on many occasions (including last night - those jalapenos were a mistake) so that's just a guess.
Actually, I think it's more around 2 million shares of AEYE since AEYE bought back a couple million shares in December. I forgot about that.
It looks like 4.5 million
I hardly think a 2,000 share sell, which is about $30 after commission, represents any kind of retrace. Unfortunately, idiots are allowed to buy and sell stocks.
This is probably a question for the guess who are in contact with the company: has anyone inside the company given you an idea of what they think a fair valuation of the stock price is right now? We all know it should be higher and they know it should be higher based on what was said regarding the share buyback, but have you heard them say "we should be at $0.05, $0.10, $.50, etc" right now?
I think it would be cool if there was a way we could be able to tell when the company was buying. I doubt we will ever be able to tell if it was them or just your average joe buying, but I would be curious what their philosophy would be - if they would try to get as many shares for as cheap as possible (i.e. bid-sitting) or if they will just swoop in and eat up whatever's on the ask. This whole process intrigues me.
That should be the 10-Q, unless we get something sooner. It sounds like the numbers in the Q should knock people's socks off!
I know it! I about had one and I had all the information right in front of me! Sorry for the scare!
My bad. I pulled up the wrong stock. I think it's time to get away from this damned computer for a while.
Sorry - disregard! I was looking at the wrong stock. Still at 23 - keep driving!
No, those are the bids. The Ask is at $0.023.
I was born in Syracuse but don't live there any more. What a hell hole! No offense, Orangemen.
The buy back will not occur all in one day. I believe SEC rules do no allow you to buy more than 25% of the average daily volume for a particular period. So if the average daily volume is 1 million shares, for example, CMGO would not be allowed to buy back more than 250,000 shares on a given day. That's my understanding of the rule, anyway.
Correct me if I'm wrong, because I'm not that familiar with stock buybacks, but I thought I heard on this or another message board that when companies do buybacks, they're only allowed to buy at the Bid (rather than slapping the Ask). Does anyone know if that's true or not? Assuming it is, then, I guess we could assume once we start seeing a large amount on the Bid, the company has begun buying back stock?
I would hate to be the one competing with the company to buy shares once they start the 45 mil buy back. Glad I got mine and can enjoy the ride!
I learned my lesson the last time we had a basher this ridiculous on this board so I'll just hold my tongue. But like the last guy, this joker will be gone soon enough.
Who's David?
$CMGO - share buyback - 45 million shares!
http://www.sec.gov/Archives/edgar/data/1346655/000121390014002741/f8k042914_cmgholdings.htm
$CMGO - Share buyback - 45 million shares!!
http://www.sec.gov/Archives/edgar/data/1346655/000121390014002741/f8k042914_cmgholdings.htm
Yeah baby! Awesome news!