Momentous Entertainment Group (fka MMEG)

[Marxbys]

Great post RockRoll! Good summary on the audio update and how MMEG is handling their acquisitions from this point forward which is with much less dilution. People can say what they want but if you look closely at the timing and the way MMEG has successfully managed these past 3 acquisitions using common stock I don't think it could have been done any better. Sure it caused dilution and lowered the pps as a result but the good news is that several investors took note as evidenced when the volume went through the roof for about 6 to 8 weeks and on several occasions we saw huge Institutional type block buys. Now as a result the 3 month accumulation is approaching 2 billion. Another good point that Gun Show Trader brought up today is that recent AS increase hasn't been touched and all remains un-issued. In addition to that, the BlackFox closing called for $200,000 worth of common stock due at closing. I'm pretty sure we were at .0005 on the date of the closing so that's 400 million shares taken out of the current OS and held restricted. So now with the points you mentioned and the above mentioned it's good to know that from this point forward all new acquisitions will be done with much less dilution and will be companies that will be producing positive revenues that can be more quickly incorporated into the balance sheet.
$MMEG