CMG Holdings Group Inc (CMGO)

[User-65225]

CMGO buyback DD/proof. Some examples, not all...

CMG Holdings Group Inc. pursuant to their Board of Directors approved a repurchase program on June 10, 2019 to buy back up to 100 million common shares over the next two years. The Company announced today that it has started the repurchase program by purchasing 1,050,098 common shares in the market at an average price of .00769. The shares purchased in this announcement and future purchases will be retired to the treasury which will reduce the corresponding amount from the outstanding total share pool.
https://www.otcmarkets.com/filing/html?id=13508886&guid=_ehIU6mgIW7cO3h
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CMG Holdings Group Inc. pursuant to their Board of Directors approved a repurchase program on June 10, 2019 to buy back up to 100 million common shares over the next two years. The Company announced today that it is continuing the repurchase program by purchasing 990,000 common shares in the market at an average price of .0073. The shares purchased in this announcement and future purchases will be retired to the treasury which will reduce the corresponding amount from the outstanding total share pool.

https://www.otcmarkets.com/filing/html?id=13532613&guid=_ehIU6mgIW7cO3h
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CMG Holdings Group Inc. pursuant to their Board of Directors approved a repurchase program on June 10, 2019 to buy back up to 100 million common shares over the next two years. The Company announced today that it is continuing the repurchase program by purchasing 1,000,000 common shares in the market at an average price of .00735. The shares purchased in this announcement and future purchases will be retired to the treasury which will reduce the corresponding amount from the outstanding total share pool.

https://www.otcmarkets.com/filing/html?id=13664102&guid=46qfUF8KQDJcith
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We recently passed a resolution which has enabled us to buy 100MM shares of our stock to be retired. I discovered a rich vein of shares that I believe can be purchased way below the market. We have on our books that are restricted. They have been on deposit with the transfer agent and have remained untouched for 7 plus years. They are as small as 10k shares and as big as 500k to 1 million shares. One thing is for certain, they are never going to be deposited to trade. I have begun to call some of the listed owners. I have discussed buying them back by the company at severe discounts and there is good interest. I believe over the next couple of quarters, we will be able to repurchase the majority and reduce the OS by between 5-8 percent. I am very excited by this prospect and so should CMG shareholders be. As the process moves along, I will keep you informed.

https://www.otcmarkets.com/stock/CMGO/news/CMG-Provides-Corporate-Update?id=240325