CMG Holdings Group Inc (CMGO)

[gman81]

Why wouldnt a defunct company be allowed to sue another company that caused the former company to become defunct in the first place? It just doesn’t make any sense. So you’re saying that if Company A steals all of Company B’s assets and potential revenue in an obvious manner then Company B cannot sue Company A because they are too broke to file the proper SEC paperwork? I just find it hard to believe that a judge would sit there and say “well, it’s obvious Company took everything from you illegally, however, since you didn’t file the proper paperwork to keep your bankrupt business up to date, I’m gonna have to throw out your case”. C’mon man!

Plus, why would the court even entertain settlement discussions if CMG wasn’t able to claim it? If that were the case this would have been thrown out years ago. I’m just having a hard time following the common sense portion of your statement.

That being said, I do believe you know what you’re talking about and seem to be familiar with the law. I just think you’re seeing it too much from a technical aspect and not enough from a human and common sense side. All IMO of course.