Replies to post #60661 on CMG Holdings Group Inc (CMGO)

[Boum-Yeah]

So if 120 millions is banked from the court case;

CMGO get to retain 80.4 millions, the difference going to court case financers

Out of the 80.4 millions CMGO cashed in, only a fraction will return to preferred share holders

Let assume a 50 : 50 split between preferred share holders and CMGO entity, that would mean preferred share holders would share 40.2 millions or 10 dollars per preferred share if the conversion process was maxed out to 4 millions preferred shares

10$ per preferred share is the equivalent of 0.20$ per common share converted

Was is your current average per share? The difference between your average and 0.20$ would be the benefits