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“We are fully convinced that when the results

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Sean Portman Member Level  Wednesday, 02/05/20 10:16:42 AM
Re: TenKay post# 122013
Post # of 126387 
“We are fully convinced that when the results of the audit come out you will all see why CMG has been repurchasing it's own stock , because it is grossly UNDERVALUED. More news to follow, all in good time.”

Results? The audit should reflect the numbers they have already disclosed plus Q4...unless those numbers are wrong.

He makes it sound like some new magical information is going to be included.
————

In my opinion it’s more mathematical than magic. What it will do is lower the o/s by about 23% which will also have a potential to increase the pps by as much and also remove more selling of shares that the brokers have to make a market and also remove shares from sellers. Which are grab is random, but once the brokers end up selling and it goes into retail hands....if that trader choses to sell, some will be removed. Most press the buy button and the sell button and don’t fully grasp the market.
This will also lower the p/e by 23% which even though at this point it can be calculated, it’s not worth as much other than the numbers and a reference point of the journey of the company in the correct direction as a beginning point.
So overall pps value, less shares that brokers have, value to shareholders, revenues increasing YoY and all and other things I have missed to think about mentioning, have the potential to increase the pps price. Which again goes to the heart of Glenn hearing the shareholders concerns and working on it on this front and also revenues and having the auditor prove the numbers are correct.
I’m sure there’s a few other perspectives I’ve missed.
All of these changes will make the cmgo even more undervalued. Just the results of going in the right direction leading to an eventual pps increase.

“We are fully convinced that when the results of the audit come out you will all see why CMG has been repurchasing it's own stock , because it is grossly UNDERVALUED. More news to follow, all in good time.”

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