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Tuesday, May 22, 2018 10:42:47 PM
Settlement Conference is set for May 31, 2018. 5 trading days from now.
We're looking at $280,000,000.
$20,000,000 compensatory.
$60,000,000 compensatory, treble (3x) damages, FRAUD.
$200,000,000 compensatory, 10x, RICO FRAUD.
Judge doesn't appear to like the chutzpah of the fraudster-perps. We like our chances in court but may settle if the perps can cough it up immediately. Case is a slam dunk in our (my) view.
No convertible debt, no dilution. OS maxed against the AS 449 million to 450 million. Market Cap = $8,082,000. Lawsuit $280,000,000. You decide. ;)
Welcome aboard.
CMGO Strong Buy
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