CSMG Technologies, Inc (fka CTGI)

[lowman]

Spoke with Bruce this morning. Financials are the hang-up right now. While it was believed that 2009 financials wouldn't be much of a problem, since there was little action during the year, turns out that w/o DR around to explain a few things, auditor has to figure all company transactions out on their own.

Financials are what's holding CTGI back from getting the second stage of bridge financing, and once that happens, from my understanding, CTGI will basically be free of all debt (since most all debt pertains to LTC). At that point, CTGI will be like a clean shell, with a stake in LTC, and CCTI as assets.

As a (debt-free) reporting company then, CTGI becomes very attractive for a r/m or some other type of 'merger' with a revenue producing company that might be looking for liquidity (plenty of them out there right now).