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Anyone know what’s happening with the NJ deal the company borrowed 500k to be a part of? Those guys also have charges against them if I read the filings correctly. The note holder of the 500k must be pissed, with no market for shares if they convert. They could own CMGO with a BK filing.
Exciting to be a shareholder at this time.
Value of company is .001 to .002 based on your facts.
The company from its history is run as a family business. A dividend was never paid to shareholders, never an annual meeting or conference call. I understood that several years back. Took positions and sold into run ups. Those days are over. What happens to the company is anyones guess, but my guess the family runs it until no monies are left.
Great news the company put out. Could we finally be at the lows and heading up.
Get in touch with him and ask him, pretty simple.
When are u going to explain to me how a RM works and how it would benefit shareholders. I am a dummy about this and would like your take. Not one sentence but why, how, when, pro and cons. Thanks
I have heard from the CEO. He is doing fine. He will not resign and continue to run the co. Over the last 10 years I made enough to send my kids to one of the top universities in the country on my trading profits from CMGO, along with the audioeye div. Losing on my house money, but overall can't complain.
Totally agree
Thanks for the update Glenn
Can’t be worthless if it trades at .29.
Explain how a RM works for dummies like me? Thanks
The CEO in my opinion has other things on his mind, rather than shareholders. Knowing he might go back to jail in his late 60’s is not a pleasant thought.
Major selloff today. Looks like we are heading much lower as my 1.1M shares on house money going in the sh_ts.
Time to buy or sell? Is the CEO still allowed to buy shares of the company with the current SEC investigation?
Pump and dump in my opinion to clear some paper.
If the CEO goes to jail, can he still run the company from prison?
Whats the bottom price from the highs?
Hidden gem we have here.
Don't understand how the CEO doesn't make a statement concerning his legal problems, with the company a public entity. Its got to effect XA's business as I know Wagner and his gang keep up with the happenings of the co. Might be dead money unless we see a PR of some sort.
Great posts, thanks
The money borrowed by the company went to the oil deal in NJ. Those people also have issues with the SEC, related to the recent charges against the CEO. Correct me if I’m wrong. 500k is a lot of cash. Hopefully SEC will track that cash. The CEO has always been nice to me. Remember when someone said whoever is without sin shall cast the 1st stone. Hoping for the best picking up 450k this week at .0043.
The current management of GMER had nothing to do with the CMGO problems. This company has its act together, and a great future.
Old news from earlier in the week.
Can u supply a link. Thanks
Just picked up 450K shares at .0043. Up to 1M again, an looking to get to 3M at discounted prices.
Thinking about buying some today on the dip.
Be careful buying millions of shares of the co. Might not be buyers when u want to sell, and also these problems with the CEO will affect the XA business.
Under .004 tomorrow from a technical basis.
Hope your correct.
Does the company pay for Glenns defense or does he pay?
I read the complaint also. My take is the CEO was a bad boy trying to make some money for the family. Still like him, but when the SEC knocks, not a good sign. Own around now 600K shares, so hoping for the best.
The short market makers are in for the kill today and the next few days.
Was talking about the ex President. Deny deny deny. Glenn did PM me and said he was not resigning.
The CEO is not resigning per PM I got. Said finding against him are unfounded. Sounds like someone in the news all the time. His lawyer served prison time and accountant just plead guilty getting 5 months but will not rat on the boss.
Per yesterdays report, they have not printed any shares and have 1.5M in the bank.
Thanks for keeping us informed.
Shorts will do some pushing down in the morning even though current management not involved with past mis behavior by past owner of GMER, which was CMGO and its CEO.
The CEO got charged today for securities fraud. can read it on SEC. GOV, and on the GMER board as those securities were involved back a few years ago. Would think the CEO will resign from the company and spare shareholders anymore grief.
One of the accused is CEO of CMGO.