Momentous Entertainment Group (fka MMEG)

[RockRoll]

Uh, are you under the impression that Poolworks was thriving? Ah no... it had been neglected, not updated, and losing viewership --- hence, they were acquired for pennies on the dollar.
The plan is to build out and update Poolworks, etc.

http://www.marketwired.com/press-release/momentous-entertainment-group-to-rebuild-its-poolworks-social-media-platform-otc-pink-mmeg-2232075.htm

I don't know of any Company that bought a distressed Company and turned it around in the same quarter! Do you?

The currency used for the acquisition, as with the others was some cash and shares (dilution). That dilution is what has been hammering the PPS [since May] - and now the Bid.