![](https://investorshub.advfn.com/uicon/65225.png?cb=1555971359)
Sunday, May 10, 2020 1:23:11 PM
... but CMGO is VERY different. They can use a moderate portion of their cash to buyback LARGE percentages of the OS before it moves off the pinks. This is a savvy use of cash imo, as long as they have no near or long term need to support the underlying biz with the money.
This is a unique situation. They could reduce the OS by almost 25% spending only a portion of their free cash... When you can reduce the OS by THESE percentage levels, its substantial.
It also shows that the insiders are bullish on their own stock = good for shareholders... Most penny CEOs hand out equity like its worth nothing to them, not Glenn. He values every share, which tells us he has all the motivation in the world to build this into something bigger than it currently is = good for shareholders: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=155531465
My messages contain many opinions. Please do your own research
and validation.
Recent CMGO News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/19/2024 09:07:16 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/08/2024 07:28:09 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/14/2024 02:05:11 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/20/2024 08:30:36 PM
- Form 10-Q/A - Quarterly report [Sections 13 or 15(d)]: [Amend] • Edgar (US Regulatory) • 11/17/2023 02:59:10 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/14/2023 09:02:08 PM
PickleJar Unveils Latest Venue Managed Services Innovations in Upcoming Webinar • PKLE • Aug 23, 2024 1:11 PM
Element79 Gold Corp Provides Update on Nevada Portfolio • ELMGF • Aug 23, 2024 8:00 AM
Maybacks Adds Award Winning Show to Its Lineup Discusses Maybacks Opportunity • AHRO • Aug 22, 2024 11:30 AM
North Bay Resources Announces First Gold Concentrate at Mt. Vernon Gold Mine, Assays 12 oz/ton Gold, 17.5 oz/ton Platinum, and 8 oz./ton Silver, Sierra County, California • NBRI • Aug 22, 2024 10:28 AM
All Things Mobile Analytic, Inc. Reports Major Growth with Over $11 Million in Revenue • ATMH • Aug 22, 2024 7:19 AM
Unitronix Announces Strategic Entry into Cryptocurrency Space • UTRX • Aug 21, 2024 10:00 AM