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Thursday, 02/20/2020 1:05:39 PM

Thursday, February 20, 2020 1:05:39 PM

Post# of 139607
January 6, 2020:

In other news, Laken announced the extension of the tender offer for 38.5 million restricted shares for an additional 45 days, stating, "We mailed the initial offer during the holiday season and were disappointed with the percentage of responses. I have hired a mailing company to take care of the second iteration of this offer. Each offer letter has been registered and must be signed for. Each document can be tracked so we'll know they've been delivered. We will get a very accurate read on this shortly and I will report back."
Source: https://www.otcmarkets.com/stock/CMGO/news/CMG-Holdings-Group-Announces-Progress-on-Share-Buyback-Arbitration-Filing-and-Tender-Offer?id=250572



Since there was never a "report back" and today marks that 45th day, is it safe to assume the 8-K was to distract from this? Was it a failure with few or none agreeing to the offer? Odd to not see that reported in the 8-K...

I can explain it to you, but I can’t understand it for you.

"Get your facts first, then you can distort them as you please." - Mark Twain