Replies to post #100933 on CMG Holdings Group Inc (CMGO)

[Pnypnchr]

Yep, can anyone name another Pinky with with that amount of guaranteed income?

& CMGO Long and STRONG

[Homebrew]

Incorrect. Less than $2_Million, minus $760k for Glenn...$1.24 Million remaining.

The settlement was for 2.75 million dollars. It is to be paid out over 30 months and is fully guaranteed by the main defendants. In order for the settlement to take place the Company’sprimary legal team and a litigation support company agreed to take a significant discount from their $1.5 million that was owed to them. As a result, the Company will receive slightly less than 2 million net.

Nope:

CMGO will receive 2.75 Million Dollars from The Settlement in the next 2.5 years. Each Month about 90,000 dollars cash.

[StockScout1]

b. Common Stock Warrants
During the years ended December 31, 2018 and December 31, 2017, the Company did not issue any warrants
for its common shares.
On December 15, 2018, the Company’s Board of Directors lowered the strike price on the outstanding 40,000,000 Warrants
previously issued to Glenn Laken to $0.0035 and extended the duration of the exercise date for an additional five (5) years.
https://docs.wixstatic.com/ugd/14ef60_ba7a2bb47590407ea4c832c652247527.pdf

It Appears the Strike Price was attained a few times (11) during the first couple weeks of May 2019
https://www.barchart.com/stocks/quotes/CMGO/interactive-chart