CMG Holdings Group Inc (CMGO)

[DeeDog]

It won't be too much longer south, it would be nice if we knew exactly but at least there's a plan in place to take out the remaining convertibles. I think we've already taken out most of the $165k debt but there's different guesses about just how much. This is from the last 8k. No more toxic debt going forward.
Dee

As far as toxic debt goes (the specialty of former management) we are doing everything humanely possible to retire what's left of around $100,000 worth plus interest and penalties totaling approx. $165,000. A plan is in place and Audio Eye needs to begin trading to effectuate it. Once that takes place we should be in good shape to go forward, many ideas have been circulated for enhancing the value of your company and as soon as the audit is finished we will move forward with implementing the best of them. This is a process, it will not happen overnight but after all we have very little room to the downside and an awful lot of room to the sky. Thanks for your continued support.