Replies to post #111094 on CMG Holdings Group Inc (CMGO)

[User-65225]

What specific filing? They are up to date with their filings.

They are not an OTC company (fully audited), but if they were able to stop diluting long ago and start reducing the OS via buybacks (verified with 8K filings), then we know they are making money.

All the numbers are headed in the right direction for a solid small cap investment.

[User-65225]

CMGO buyback DD/proof: CMG Holdings Group Inc. pursuant to their Board of Directors approved a repurchase program on June 10, 2019 to buy back up to 100 million common shares over the next two years. The Company announced today that it has started the repurchase program by purchasing 1,050,098 common shares in the market at an average price of .00769. The shares purchased in this announcement and future purchases will be retired to the treasury which will reduce the corresponding amount from the outstanding total share pool.
https://www.otcmarkets.com/filing/html?id=13508886&guid=_ehIU6mgIW7cO3h
_______________

CMG Holdings Group Inc. pursuant to their Board of Directors approved a repurchase program on June 10, 2019 to buy back up to 100 million common shares over the next two years. The Company announced today that it is continuing the repurchase program by purchasing 990,000 common shares in the market at an average price of .0073. The shares purchased in this announcement and future purchases will be retired to the treasury which will reduce the corresponding amount from the outstanding total share pool.

https://www.otcmarkets.com/filing/html?id=13532613&guid=_ehIU6mgIW7cO3h
____________

CMG Holdings Group's Board of Directors Authorizes 100 Million Share Repurchase Program
CHICAGO, June 13, 2019 (GLOBE NEWSWIRE) -- The Board of Directors of CMG Holdings Group, Inc. (OTC: CMGO) announces today the approval of a share buyback program of up to 100 million shares of the Company's common stock over the next two years. The share repurchases will be made at the discretion of the company through the open market purchases and/or privately negotiated transactions.

CMG's Chairman and CEO Glenn Laken said, "We are very excited by the prospects for the company going forward and have decided to implement this buyback based on our view that the price of the stock does not accurately reflect the value of the company and its increasingly positive prospects. We believe that this program is a very important step in increasing shareholder value. I'd like to thank our loyal shareholders for their support. Further information on CMG developments can be found at @CMGOnews on Twitter." The repurchases will be made with cash on hand, free cash flow from operations, and potential bank financing. Full details of the stock repurchase program may be found in CMG's report on Form 8K which will be filed within the next few business days.

About CMG Holdings Group, Inc.

CMG Holdings Group, Inc. is a Chicago holding company whose primary operating subsidiary is XA – The Experiential Agency, Inc. (http://www.experientialagency.com) - which engages in the alternative advertising, digital media, experiential and interactive marketing, and entertainment sectors. XA is involved in production and promotion, event design, sponsorship evaluation, negotiation and activation, talent buying, show production, stage and set design, and data analysis and management activities. The business also offers branding and design services, such as graphic, industrial and package designs across traditional and new media, public relations, social media, media development and relations, and interactive marketing platforms to provide its clients with customary private digital media networks to design and develop individual broadcasting digital media channels to sell, promote, and enhance their digital media video content through mobile, online, and social media. XA serves clients across the marketing communication industry. Separately, CMG Holdings Group owns Lincoln Acquisition Corp., a subsidiary formed to manage its portfolio investments.

Disclosure Statement

Statements in this press release about our future expectations, including without limitation, the likelihood that CMG Holdings Group, Inc. will meet minimum sales expectations, be successful and profitable, bring significant value to its stockholders, and leverage capital markets to execute its growth strategy, constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and our actual results could differ materially from expected results. The Company undertakes no obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this statement or to reflect the occurrence of unanticipated events, except as required by law. No information in this press release should be construed in any form shape or manner as an indication of the Company's future revenues, financial condition or stock price.

Contact

Glenn Laken
CEO
CMG Holdings Group, Inc.
[phone]
[e-mail]
Twitter: @CMGOnews

[skichic]

The filings were released last week! What are you talking about?

[StockScout1]

General the 10-K is the only Audited Filing... Just so you know.. GL in the penny's
The reason being, is the expense of an Accounting and Audit Firm and the Lawyer billable Hours.

What you are seeing here is an OTC ordained Lawyer stating he has read the OTC Filed filings that use their own paperwork and all you do is fill in the blanks with corporate financial numbers, then file them..

I have been here at CMGO, off and on since 2012.. It might have been a little sooner, late 2011.. A long time...
I was here before the Voting War Proxy Vote that Glenn Laken led...
https://www.otcmarkets.com/stock/CMGO/disclosure

[StockScout1]

$CMGO Revised Share Structure Effective 8/13/2019

450,000,000 Authorized Shares
493,992 Reserved Shares
449,506,008 Issued and Outstanding Shares
-1,050,098 Treasury Shares 6/26/2019 8-K, Buyback Plan
-990,000 Treasury Share 7/10/2019 8-K, Buyback Plan
447,465,910 Outstanding Shares

-38,147,541 Insider Shares
409,318,369 OS Shares to Trade, called the FLOAT

INSIDER SHARES:
Shareholders Of Record 197 04/15/2014
40,000,000 Glenn B. Laken Active Warrants, to be exercised at .0035 until 2023, to be sold out of Treasury or raise the A/S, which Glenn won't do.

1,000,000 David J. Kovacs Purchases .0174-.0295 in 2014
https://www.sec.gov/Archives/edgar/data/1346655/000161066814000002/xslF345X03/primary_doc.xml

9,156,925 Barbara Laken Purchases .0115-.015 Nov-Dec 2014
https://www.sec.gov/Archives/edgar/data/1043223/000104322314000005/xslF345X03/primary_doc.xml

27,990,616 Mouhaned Khouru Purchased Oct 2018
https://www.sec.gov/Archives/edgar/data/1346655/000175761518000002/schedule13GTXT.txt

[Manny732]

What release lol go to otc markets everything you need is there