CMG Holdings Group Inc (CMGO)

[PlayMoneyBS]

has arranged financing for all litigation costs

If a case is taken on contingency, there is no need for "financing for all litigation costs." In fact, there is no need for financing at all.

Let, me provide some more verifiable info:
https://law.freeadvice.com/litigation/litigation/lawyer_contingency_fee.htm

A contingency fee agreement is a payment arrangement that allows a plaintiff who has been injured and is seeking legal remedy to obtain legal representation even if they do not have money to pay a lawyer at the beginning of the case. A client does not have to pay a contingency fee up front, agreeing instead to pay an attorney a percentage of the client's award should they win the case. The contingency fee agreement will dictate the circumstances of payment, and how much an attorney is owed. The rules governing lawyers in your state will frequently determine when contingency fees are appropriate.

Contingency Fee Basics

The basic concept of the contingency fee agreement is that the client is out little or no upfront expenses; you as a client do not pay legal fees unless and until you win, and then the lawyer receives a percentage of your recovery as his or her fee. If you lose your case, there is no legal fee at all for the lawyer.

So, again, why was financing arranged for a case taken on contingency?

A great resource for facts: http://bfy.tw/Ic5n