Replies to post #104359 on CMG Holdings Group Inc (CMGO)

[SooS416]

Wait, revenues don't equal profits? Since when?

Anyway, they have good profit margins on the business, so $3M or more in revenues would equate to a decent profit using the Q1 figures. 20% margin on that would be 600k income or .001 per share.

Verifiable revenues are a good thing,

[StockScout1]

I like to play with numbers using Past Expenses and New Revs. This is my projection until the REAL Audited 10-Q is issued for Q2 about mid August or sooner. Its really not to hard, if you took Accounting 101 in college.

[skichic]

What was the good news you are referring too? The lawsuit settlement turned out to be far less than anticipated and caused a sell off. What good news are you talking about.