CSMG Technologies, Inc (fka CTGI)

[rocketeer357]

Thanks bbhuey. Here it is for the rest of the board:

J. Short Selling. So long as the Debenture is outstanding, Holder agrees and covenants on its behalf and on behalf of its
affiliates that neither Holder nor its affiliates shall at any time engage in any short sales with respect to the Company’s Common Stock, or sell put options or similar instruments with respect to the Company’s Common Stock. The parties acknowledge that Holder shall be entitled to sell the Common Stock from each Debenture conversion immediately upon submission of the applicable Debenture Conversion Notice, and payment of the purchase price, to the Company for such Common Stock

I feel much better now about the deal than I did before reading it in its entirety. Given the state of the credit markets, DR has us in the game with the funds to succeed.

Also interesting to note that no options have been exercised and most are out of the money at the current PPS.

Stock Options Date Date exp Shares Exercise Price

Robbins Mar, 2009 100,000 0.33
Mar, 2009 200,000 0.28
Robbins May-13 225,000 0.605
Jones May-13 100,000 0.55
Jones May-13 100,000 0.24
Hanor May-13 50,000 0.55
Stern May-13 50,000 0.55
Hohauser May-13 100,000 0.55
Nemachek 2/7/2007 2/7/2017 50,000 0.625
Scott Shaffer 100,000 0.75
D Robbins 7/21/2008 7/21/2013 200,000 1.1
R Machen 7/21/2008 7/21/2013 200,000 1.1
Bruce Jones 7/21/2008 7/21/2013 200,000 1.1
H Hohauser 7/21/2008 7/21/2013 200,000 1.1
C Derdeyn 7/21/2008 7/21/2013 200,000 1.1
E Robbins 7/21/2008 7/21/2013 200,000 1.1