Replies to post #1589388 on MOMO'S BREAKOUT BOARD

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$CMGO***8K ASHER BOUGHT OUT...IMMINENT MERGER/ACQ NEWS PER COMPANY

ITEM 8.01 OTHER EVENTS.

CMG Holdings Group, Inc. ("CMG") is pleased to report the debt securities owned by KBM Worldwide (Asher) and its affiliates have been bought by pension funds, and are now in the hands of investors whose interests are aligned with the Company. Additionally, CMG has secured a 30-day option on its remaining toxic debt stating, "we expect to place the remaining debt in similar hands, and by so doing, pave the way for the company to move back into growth mode, which we expect to include strategic mergers and acquisitions, spin-outs, and other shareholder friendly activities." Management expects to make informational disclosures concerning these activities in the near future.

http://www.otcmarkets.com/stock/CMGO/quote

http://archive.fast-edgar.com//20150923/AS22322CL222W24Z282M2MX2SQ9PC222Z272/