Momentous Entertainment Group (fka MMEG)

[RockRoll]

Well, yesterday I was about to post that it appears MMEG was going "dark." Glad this came for two reasons: they're not dark, and they're still filing. Hopefully, this begins a string of news -- including news that investors (current and potentially future) need to hear (i.e. debt restructuring, securing long term financing, etc).
I'm assuming the issued shares are post R/S (though the R/S is not official with FINRA yet) numbers. So, the 10,000 Preferred B stock converts to 10mil shares of common stock, and the 1000 Preferred B stock converts to 1mil shares. Post R/S the OS is currently at 4.387mil shares. Just playing with the calculator, it's equivalent in pre R/S numbers to 25BIL shares plus 2.5Bil shares to convert.
And the rest of the financing is completed via a percentage of the revenues.

In exchange for all of the NH membership interests, the Company’s consideration payable to the Seller was 10,000 Shares of Preferred B stock to Aaron C Carson and 1,000 Shares of Preferred B stock to Wendy Dunn plus a percentage of net revenue as defined below (the “ Consideration ”). Each Preferred B share carries voting and conversion rights equal to 1,000 shares of MEG common stock.
Payment of Consideration . The Structure of the purchase price and payments is as follows:
(a) Seller (CARSON) received 10,000 Preferred B stock in MEG that was delivered upon closing of the purchase agreement.
(b) Seller (Dunn) received 1,000 Shares of Preferred B stock in MEG that was delivered upon closing of the purchase agreement.
(c) MEG will pay Wendy Dunn an amount equal to 50% of the net revenues of NH until $30,000 has been paid.
(d) After Wendy Dunn has been paid $30,000, then Carson will be paid 50% of the net revenues of NH until $100,000 has been paid.
(e) After payment to Carson has reached $100,000, MEG will pay Carson 30% of the net revenues until an aggregate of $500,000 has been paid.
(f) MEG will pay Carson 15% of the net revenues after $500,000 has been paid for a period ending 36 months from the date of the acquisition agreement.
(g) MEG will pay an 8% commission on the net revenues of NH from the beginning of the forth year from the date of the acquisition agreement as long as CARSON remains actively and directly engaged in management of the daily operations of NH and MEG on a full time basis.

Eye-roll time:

NH was formed as an Arizona LLC on August 13, 2017 and has not generated any revenues to date.

Frustratingly hoping things work out --- GLTA, we need it!