CMG Holdings Group Inc (CMGO)

[ORCA]

THIS PART IS WHAT HURT THE BIG UPSIDE.IF THIS PART WAS NOT PUT IN THIS PR,AND LEFT THE REST,THINGS WOULD HAVE A DIFFERENT OUTSOME ON THIS RUN.
THIS PART MADE ME BAIL.LONG TERM HOLD.UNKNOWN WHAT WILL HAPPEN WITH CORONA AND ECONOMY.PEOPLE LIKE TO STAY IN CASH.STILL HOLDING 100K FOR LONG TERM.

That said, the current pandemic environment has adversely impacted the target markets for XA's business. XA is well positioned, as a lean Company with minimal overhead backed by CMGO's strong balance sheet, to weather the economic storm. I believe the experiential advertising market will rebound by year-end 2020 or earlier, which will position XA to be a survivor of the malaise that ultimately gains market share."