CMG Holdings Group Inc (CMGO)

[StockScout1]

Actually the last Financial filing was 2Nov2016
10-K/A Documents [Amend] Annual report [Section 13 and 15(d), not S-K Item 405]
Acc-no: 0001346655-16-000042 (34 Act) Size: 131 KB 2016-11-02 000-51770
161966899
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001346655&type=&dateb=&owner=include&count=40

35.4/14 CMGO announces share repurchase program effective to 4/16
36.7/14 Glenn realizes that Burkhardt is not doing what they agreed upon and announces his termination
37.9/14 Glenn accepts Devlins resignation as he provided little value to growing the business, but like Burhardt was expensing travel...etc....
38.11/14 Glenn Laken, CEO announces forensic investigation into XA revealed substantial patterns of fraud by XA management and execs. Announces lawsuit in supreme court of NY against XA fraudsters.
39.3/15 XA's asset sale to CMG finalized.
40.7/15 Glenn Laken, Chairman and CEO of CMG Holdings announced today that Company management has arranged financing for all litigation costs related to CMG’s civil RICO lawsuit against Hudson Gray, Studio AG, Mixed Company and the Hudson Defendants. Under the terms of this arrangement, CMG’s only financial responsibilities will be out of pocket expenses, such as experts and deposition costs. In return for said funding, CMG has agreed to share any recovery costs on a 67 - 33 split basis. Mr. Laken noted, “This financing arrangement is a critical component for the Company, to assure that shareholder’s claims against Hudson Gray are vigorously litigated and collected without any danger of coming up short monetarily.”