Home > Boards > Free Zone > Penny Trading - Technical > Triple 000 and Sub-penny Chart Plays

QEDN - CMGO - Litigation Comparison

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
trader53 Member Profile
Member Level 
Followed By 4,277
Posts 177,997
Boards Moderated 4
Alias Born 06/04/09
160x600 placeholder
trader53 Member Level  Wednesday, 07/17/19 03:49:47 PM
Re: trader53 post# 191649
Post # of 200472 
QEDN - CMGO - Litigation Comparison


QEDN - GEGI - Request to Subpoena I-Hub
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148871472

QEDN - GEGI - Court Hearing July 31, 2019
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148871441

QEDN CEO: Court orders hearing for fining Lattucca
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148871431

QEDN CEO: files motion to fine Lattucca and Purdon
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148871426

QEDN - Reports Greed Kills and tomandrayturdman to FBI
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148623258


______________________________________________________________


CMGO

CMG HOLDINGS GROUP, INC.

ANNOUNCES IT
HAS SETTLED ITS LITAGATION AGAINST

JOSEPH WAGNER AND HUDSON GRAY.


-----------------------------------------------------

CHICAGO, IL April 9, 2019

CMG Holdings Group Inc. (OTC: CMGO)

announced today that its Civil Rico complaint
against
Joseph Wagner,
Hudson Gray
and
the Hudson defendants
was settled on January 7th, 2019.


The settlement - $2.75 million dollars -
is scheduled to be paid out over 30 months.


The initial payment
was made shortly after
the settlement agreement was consummated.

Payment is personally
guaranteed
by the main defendants
.


It should be noted
that CMG’s legal team,
along with
CMG’s provider of e-discovery services,
agreed to significant fee concessions
in order to secure this settlement.

Because of these substantial provider discounts,
CMG
will net slightly less than
2 million dollars in total
from the Hudson Gray settlement monies.



In the end,
CMG’s decision to settle the case

against the Hudson defendants
pivoted on a number of important considerations.

These include,
but were not limited to,
the following;

Litigation up to,
and including trial,

would have required borrowing
an additional million dollars
(or more)
from litigation funders
at exorbitant rates.

It was also not lost on us
that legal and e-discovery teams
would become less likely
to negotiate away monies owed for services
as the cost of those services
exponentially increased.

Simply put,
we were faced with the very likely prospect

that winning twice as much at trial
would net the same result
as the settlement offer we ultimately accepted,
after expenses were paid.

CMG’s victory –
four and a half years in the making -
is owed in large part to
my wife, Barbara.

Her dedication
and intrepid pursuit of the truth –

even when finding that truth
required thousands of hours of research
and
reading tens of thousands
of stolen documents


helped CMG create a compelling case
against the defendants

that passed the significant legal hurdles
required to survive
the motion to dismiss.

My own contribution
included management

of the three separate legal teams
that helped adjudicate this matter.

Of these,
Kevin O'Connor
from Pecker & Abramson
deserves special commendation.

He was the legal tour de force
that ultimately brought this case
to its final conclusion.

During the four and a half years of litigation
I took no salary as CMG’s CEO,
in order to preserve as much capital as possible

for the company’s legal expenses
and operating costs.

As a result,
I am owed approximately 750k in back salary,
which I will take as it becomes available,

to make sure CMG has enough operating capital
to be able to grow, expand and prosper.

Shareholders should know
I have not sold a share of CMG stock
since May 2018.


Neither has my wife
nor anyone in my family.

CMG
will soon be clear of debt

and in a position to grow XA,
the Experiential Agency,
its most valuable asset.

XA,
under the direction of my daughter Alexis,

will be producing this year’s
Coachella after-party
for Moschino this weekend,
with an estimated gross
in excess of 1.1 million dollars.

We expect this event
to kick off a banner year for XA.

I appreciate the support
of all CMG shareholders.


I hope you find the information
in this announcement
cause for staying on board
for anticipated future company growth.

I don’t think you’ll be sorry.

About CMG Holdings Group, Inc.

CMG Holdings Group, Inc.

is a
sports, entertainment,
marketing and management company
providing event management implementation,
sponsorships, licensing and broadcast,
production and syndication.


Contact Info:

Glenn Laken, CEO

Phone: 773-770-3440

------------------------------


https://www.otcmarkets.com/stock/CMGO/news/CMG-HOLDINGS-GROUP-INC-ANNOUNCES-IT-HAS-SETTLED-ITS-LITAGATION-AGAINST-JOSEPH-WAGNER-AND-HUDSON-GRAY?id=224175

https://backend.otcmarkets.com/otcapi/company/dns/news/document/35739/content

______________________________________________________________



QEDN - CMGO - Comparison Analysis




_____________________________________________________________


QEDN Security Details
Share Structure

Market Value1...........$729,053 a/o Jun 07, 2019
Authorized Shares..3,000,000,000 a/o Nov 01, 2017
Outstanding Shares 1,822,632,434 a/o Nov 01, 2017
-Restricted.....…........69,887,042 a/o Nov 01, 2017
-Unrestricted.........1,752,745,392 a/o Nov 01, 2017
Float................688,232,011 a/o Mar 09, 2017
Par Value 0.001

https://www.otcmarkets.com/stock/QEDN/security
http://www.investorpoint.com/stock/QEDN-QED+Connect+Inc/price-history/
http://www.buyins.net/tools/symbol_stats.php?sym=QEDN
https://otcshortreport.com/company/QEDN
https://www.stockscores.com/charts/charts/?ticker=QEDN

________________________________________________________________


CMGO Security Details
Share Structure

Market Value1...........$3,730,900 a/o Jun 21, 2019
Authorized Shares..450,000,000 a/o Jun 21, 2019
Outstanding Shares 449,506,008 a/o Jun 21, 2019
-Restricted.....…......Not Available
-Unrestricted.........Not Available
Float............….215,000,000 a/o Feb 03, 2014
Par Value 0.001


https://www.otcmarkets.com/stock/CMGO/security
http://www.investorpoint.com/stock/CMGO-Cmg+Holdings+Group+Inc/price-history/
http://www.buyins.net/tools/symbol_stats.php?sym=CMGO
https://otcshortreport.com/company/CMGO
https://www.stockscores.com/charts/charts/?ticker=CMGO


Authorized Shares,
has no bearing on the price.


The Shares Authorized,
is not used in any fundamental of financial calculation,
to determine company value
.


________________________________________________________________





Buy after an Elliott Wave 5-Wave Decline

________________________________________________________________


The Elliott Wave 5-Waves Sequence

A Basic "A,B,C Corrective Wave"


https://www.metatrader5.com/en/terminal/help/objects/elliott/elliott_theory


________________________________________________________________









Elliott Wave Basics
http://www.acrotec.com/ewt.htm

Elliott Wave Theory
http://ta.mql4.com/elliott_wave_theory

Buy after an Elliott Wave,
5-Wave decline sequence !


A Basic "A,B,C Corrective Wave"

Buy, ONLY when the stocks price,
is trading under the Blue 8-day M.A.
when the Blue 8-day M.A. is under the Red 34-day M.A.


________________________________________________________________


Buy after an Elliott Wave 5-Wave Decline

Embedded Weekly Chart





Embedded Weekly Chart






________________________________________________________________





Buy after an Elliott Wave 5-Wave Decline

Embedded Weekly Chart





Live! Weekly Chart




________________________________________________________________





Buy after an Elliott Wave 5-Wave Decline

Embedded Weekly Chart





Live! Weekly Chart





________________________________________________________________





Buy after an Elliott Wave 5-Wave Decline

Live! Weekly Chart





Live! Weekly Chart




________________________________________________________________





Buy after an Elliott Wave 5-Wave Decline

Live! Weekly Chart





Live! Weekly Chart







_________________________________________________________________





Buy after an Elliott Wave 5-Wave Decline

Embedded Weekly Chart





Embedded Weekly Chart





_________________________________________________________________






Buy after an Elliott Wave 5-Wave Decline

Embedded Weekly Chart





Live! Weekly Chart





________________________________________________________________






Live! Weekly Chart





Live! Weekly Chart







Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist