CMG Holdings Group Inc (CMGO)

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$CMGO BUYBACK LAWS & REGULATIONS SEC & REGULATORY BODIES
Rule 10b – 18

Real World Application 10b – 18 The Four Conditions
1. The manner of purchase: The issuer or affiliate must purchase all shares from a single broker or deal during a single day.
2. Timing: An issuer with an average daily trading volume (ADTV) less than $1 million per day or a public float value below $150 million cannot trade within the last 30 minutes of trading. Companies with higher average trading volume or public float value can trade until the last 10 minutes.
3. Price: The issuer must repurchase at a price that does not exceed the highest independent bid or the last transaction price quoted.
4. Volume: The issuer cannot purchase over 25% of the average daily volume.
https://www.investopedia.com/terms/r/rule10b18.asp