CMG Holdings Group Inc (CMGO)

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$CMGO and XA Recover Clients BRAVO, NBC and USA. While adding others to their 60 Member - Client List.
Now they are on the eve of adding 3 more New High Powered Clients to the tune of $3 million dollars
https://www.hollywoodreporter.com/thr-esq/hollywood-party-planners-fighting-200-926695

9Sept2016 CMG Holdings Group, the successor to XA, states in its lawsuit that it was once making $10 million in annual revenue working with clients such as CW Network and NBC Universal. The business of organizing television upfronts and planning promotional events for shows on NBCU's USA Network, Bravo and the Oxygen Channel may seem as cheerful as the colorful balloons at these parties, but according to CMG, there's a seedy side.

In a complaint filed last year (2015) against Joseph Wagner, Darren Andereck, Jean Wilson, Jessie Lomma, Michael Day and Remigio Gudin, CMG says that defendants engaged in a shell game, moving money between companies, leaving it with expenses while the defendants seized the profits.
Some of the jobs included "activations" on such shows as Dig, Satisfaction and Masters of Sex — XA claims NBCU here diverted $1.5 million of money to HudsonGray — but the biggest pot of money may have been the annual event put on by networks to showcase their new shows to advertisers.

"The size of the business diversions was enormous," states the lawsuit. "It is the largest such event of the year and, generally, the most important one in that industry. NBC Universal’s Upfront was held at the Jacob K. Javits Convention Center in New York, on May 11, 2015."

According to the plaintiff, NBC's 2015 Upfront budget was $16.53 million.