Replies to post #116003 on CMG Holdings Group Inc (CMGO)

[StockScout1]

Bullshit PlayMoneyBS

[jfran]

100% accurate. This is precisely what I've been pointing out for awhile now.

[User-65225]

But is that really TRUE? There hasn't been zero dilution? Revs are not increasing? Net profits and free cash are not piling up, resulting in buybacks? The stock hasn't been plotting higher lows? These well known customers are fake? Glenn has not been improving the company over what was taking place before him? He isn't winning lawsuits on behalf of shareholders?

This is a penny stock, so no one should be expecting perfection... but if what Glenn is doing is shady/evil, then how does one view the thousands of other penny tickers which are mass diluting, lining pockets, not achieving their goals and constantly plotting lower lows?

Long term, the negative claims have been consistently proven wrong. If all the negative BS was true this would have hit .0001 under Glenn, reverse split and headed back to .0001 by now, under the weight of heavy dilution/insider greed.... but all i see is YEARS worth of the exact opposite. Hmmmm, what should one believe, unsubstantiated claims or substance?!

Revenues of $1MM+ up 358% YoY, Profitability Maintained
XA Sales Funnel Builds with Multiple Seven-Figure Contract Bids Progressing
Approved 100MM Share Repurchase and Began Returning Capital to Stockholders
Company Pursuing Legal Action Against Former Attorneys

https://www.otcmarkets.com/stock/CMGO/news/CMG-Holdings-Reports-Strong-Second-Quarter-Results-and-Provides-Update?id=237087

Forward Revs are less than the market cap and if they continue to rapidly rise via "Multiple Seven-Figure contracts", i dont see how this wont move higher

... and not only are the numbers increasing, the OS is decreasing.

Taking profits under 1X revenues/1-2 PE ratio is not savvy imo.

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CMG finished the quarter with a cash position of $409,589

Thats some nice ammo for buybacks, acquisitions, etc esp if it continues to grow each Q... and remember, the cash position is growing because of SALES, not because of dilution.

Many CEOs would use their excess cash to just pay out big bonuses, but Glenn plans to buyback a ton of shares and who knows what else he could do to push the needle.

Great position for a $4 million dollar company.
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Additionally, CMG would like to give an update on its business outlook. During the quarter, XA, the Company’s operating subsidiary, closed a six-figure contract with a world-renowned clothing retailer which has the potential to become a seven-figure relationship after its initial scope of work is completed. Further, XA continues to work with several new clients on installations each to be in excess of $1 million and expects to close at least a couple of these opportunities this year which will become 2019 and 2020 business. XA continues to see clients returning with $50K - $100K jobs on a continual basis, which builds its book of business and provides visibility to future results.

Said Laken: “Overall, we have returned XA to strong growth and sustained profitability, which management projected heading into this year. With this operational momentum and our expected cash proceeds from non-operating activities, the Company is in the best state of operational health and liquidity position it has enjoyed in years. I believe we have laid the foundation for a great future for the Company and expect to create substantial value for shareholders in the future. For these reasons, our Board of Directors approved a 100 million share repurchase program, which we initiated in June and which continues to be executed today.”

https://www.otcmarkets.com/stock/CMGO/news/CMG-Holdings-Reports-Strong-Second-Quarter-Results-and-Provides-Update?id=237087
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No reason for this not to trend higher with revs climbing, being NET profitable, reducing the OS, improving their standing in the markets, seeing consistent repeat business from new clients + multi million dollar contracts currently being negotiated.

... and monthly payments coming in for winning a lawsuit, with the potential for much more from these additional favorable looking lawsuits