Replies to post #57650 on CMG Holdings Group Inc (CMGO)

[MG-Trader]

VFIN JUST MOVED.LETS SEE EOD BUYING

[MONEYMADE]

*************POP QUIZ!!!!!!****************

ANYONE READING...TELL ME WHAT'S WRONG WITH THIS PICTURE BELOW....WHOEVER ANSWERS FIRST, GETS THE $8.5M MISSING THAT WAS DUE XA FOR THE SAME JOB HUDSON
BILLED NBCUNIVERSAL FOR $14.5M (ONLY IN MONOPOLY MONEY)

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=115138955

XA the Hudson Defendants were charging NBCUniversal – namely, $16,530,000.00, as of
February, 2015. Subtracting costs for the venue and union labor paid for by NBCUniversal
(which the Budget indicates), at a minimum, the total event cost that Hudson Gray charged for
this NBC event is $14,530,000.00. The industry standard margin for event planners is twenty
percent – in other words, Hudson Gray and the Hudson Defendants will arrogate to themselves
almost $3,000,000.00 profit from this one job alone.
85. During 2014, XA handled the same NBCUniversal Upfront job, at the same
venue, with essentially the same work being done. XA recovered documents show that in 2014,
XA charged NBCUniversal roughly $6,000,000.00 for the same work. On information and
belief, the Hudson Defendants diverted the actual amount NBCUniversal was charged to another
entity, probably Studio AG. XA’s belief is based on the fact that XA, last year, appears to have
25
had the entire job for the NBC Upfront, as it does this year, and, on information and belief, no
substantial changes in cost of goods or services occurred during the intervening months.