CMG Holdings Group Inc (CMGO)

[Boum-Yeah]

$CMGO is entering in a new age, this week and the 4th quarter will show the real face of the current management and all the asset put in place over the last 2 years.

Looking at the following weekly chart, you can divide it in 2 sections
The first section finishing early 2013 is the era of the PREVIOUS management, acquiring AEYE, doing the spin off and pushing share on the market which explain the much higher volume then.

All that being said, then, the share structure went from about 80 millions shares to more then 330 millions counting all promises.

Now have a look at the second section, starting early 2013. Yes it was long in the making but GLenn and its associate pouched the old management out with their 51% position and move forward to get this Cie back on track.

It was not so easy to watch always but at the end, Glenn was able to get some share back, cancelled all toxic financing and managed to have some cash in hand to get Good-Gaming on board. I personally sold all my position in AEYE between 0.85 and 0.70 then to buy back in CMGO when the ops was running way under 0.01, buying the position left open by the running away person. That was a rough time.

Now, yes the volume has been rather low in the second section but remember…NO DILUTION
AND despite this, look at the momentum that it had created…we are now at around 0.025-0.028 and the support is tremendous.

where will we go…I sure know that we're moving up and big time it will be.

On a normal market (read not the OTCBB or other alike pump and dump schemes) the market value sit at around 17.4 X EPS. what is CMGO EPS? 0.01 So I don't see why we should not be at 0.10 or higher even now.

Where will we be in few weeks to end of year…much higher is my position.

Will it be easy…not really, we will see ups and downs as profit taken get in and out and even some of us might do so and there is nothing wrong with this. CMGO will become free market, at it valued price.

Have a great week, I know I will.

$CMGO DD Notes ~ http://www.ddnotesmaker.com/CMGO

$CMGO charts
big weekly chart ## source: stockcharts.com




$CMGO DD Notes ~ http://www.ddnotesmaker.com/CMGO