Replies to post #48685 on CMG Holdings Group Inc (CMGO)

[was FINRA]

Trigger one is... If AEYE continue higher you own CMGO for free based on the number of share we own and CMGO cash in the bank....hard to believe we sell for less than our cash on hand

[Orangeman3]

[makingwaves]

The 2 triggers for growth center around the company's 2 subsidiaries, XA and Good Gaming. Our iHub info page is an informative area to go to for gathering some due diligence. Currently Ron Burkhardt is the Chairman of XA (and sits on CMGO's BOD) who is working in concert with CMGO's CEO, Glenn Laken. Their objective and focus is to make XA a serious contender in the global world of media marketing, social media interaction and event planning. As for Good Gaming, e-sports has catapulted in popularity and recognition over the past few years after being legitimatized as a professionally recognized sport. Good Gaming is positioned to be the only Minor League trainer for e-sports. Their objective is to take the amateur/collegiate level gamer and offer them the tools and access to prof. players to help elevate their playing skills. The gamers who have signed on to Good Gaming will also be able to compete in structured tournaments where cash and gift prizes are rewarded to the winners. I hope that gives you a better picture of what's going on with the company.

[DeeDog]

In addition to the AEYE shares CMGO holds, they also get a percentage of the profits for a period of time, 2 or 3 years I think.

I don't remember offhand the number of shares after AEYE bought some back, nor the profit percentages and I don't have time to look it up now but it's all in the filings and PR's. I know someone on the board has this info readily available.