Replies to post #125616 on CMG Holdings Group Inc (CMGO)

[PennyMillions852]

This SCAM is TOAST!! Let me guess....patience and more waiting and sheeple as usual! Knew it was a mistake to ever buy this POS!!!

[PlayMoneyBS]

They couldn't even cater a Super Bowl party or something? None of this hit and had an impact until mid-March.

ETA: It's already a given that to this point, Q2 has $0 revenues, too.

[jfran]

LOL...surely you aren't really surprised by zero revenues. Everyone with even half a brain knew there were no events happening 1Q, and the only income would be from lawsuit wins.

Other income
Settlement Hudson Gray 148,000

[User-65225]

This is a contract business where 1 or 2 contracts can amount to the entire revenue for a quarter. Lose those deals, you’re going to have no revenue. They don’t sell a consumable product. This is a small company and it’s valued like one

Last week I warned people not to expect much from this quarter. We are investing in their cash position and potential to acquire some companies. This is a buyers market and they are in good position to do so