CSMG Technologies, Inc (fka CTGI)

[sojourner]

Re: "A week ago, I owned CTGI shares. I was a partial owner of 100% of LTC and CCTI."

That post offers plenty of food for thought and comment. However, it needs be clarified that no shareholder ever was "partial owner of 100% of LTC". Years ago, when LTC emerged, CSMG owned 86%. Over time, DR wittled that percentage down in order to finance what should be termed a fiasco of extravagance under the administration of Frank d'Amelio and Donald Robbins. As it is, LTC carries a US$20 million loss on its books incurred during the time Robbins was spending over US$300,000 per month. Following DR's death, the new team no doubt took a hefty percentage of shares off the top. A week ago, a shareholder was probably partial owner of 33%+/- of LTC. What will the new configuration yield? My guess is ca. 20% maximum but better than nothing. Time will tell.