CMG Holdings Group Inc (CMGO)

[Homebrew]

Incorrect. Less than $2_Million, minus $760k for Glenn...$1.24 Million remaining.

The settlement was for 2.75 million dollars. It is to be paid out over 30 months and is fully guaranteed by the main defendants. In order for the settlement to take place the Company’sprimary legal team and a litigation support company agreed to take a significant discount from their $1.5 million that was owed to them. As a result, the Company will receive slightly less than 2 million net.

Nope:

CMGO will receive 2.75 Million Dollars from The Settlement in the next 2.5 years. Each Month about 90,000 dollars cash.