Replies to post #125331 on CMG Holdings Group Inc (CMGO)

[PlayMoneyBS]

with millions of free cash flowing in

Perhaps a revisit to the audited financials with the percentage of that settlement going to attorneys and various Irish Pension funds (with their 100% ROI) will show there are certainly not "millions" in free cash flowing around.

Hell, there is so much money just overflowing the CEO took out a loan...

During the year ended December 31, 2019 the company took an additional draw of $25,000. During the year ended December 31, 2019 the Company made principal payments of $77,059, leaving a balance of $19,437. Interest expense was $15,380 and $4,793 for the years ended December 31, 2019 and 2018, respectively. The interest rate on this loan is 10%.

Brilliant stewardship...