CMG Holdings Group Inc (CMGO)

[LouisDesyjr]

It is all a fairy tale told to sell decorative shares

The only use the lawsuit has is as the 'hook' to real in the muppets and get them to load up on the decorative common shares.

Same story over at Good Gaming (GMER), that CMGO is controlling owner through a super priority series of preferred. That fairy tale is that the company is going to make money with online gaming, but has negative gross margins.

The con is to sell a fairy tale to people that want to believe that they have 'found a gold mine' and get them to load up on the decorative common shares. The insiders will keep selling decorative shares for as long as the muppets will buy, and feed them some more of the story over time to get more muppets to pile in.

In the end, the company goes no bid when everything stops, leaving the common shareholders with no information and sometimes the stock goes no bid as even the muppets realize they were had, and are unable to unload onto anyone, even at $0.0001.

Louis J. Desy Jr