Replies to post #31292 on CMG Holdings Group Inc (CMGO)

[StockScout1]

$CMGO owns 15% of AE. So it stand to reason.

[MDPennyPlayer]

Not necessarily. The filing says CMGO gets a percentage of their revenue. So stock valuation does not play a role, unless AE sells stock for cash.

"•AudioEye finalized its Consulting Agreement where CMGO will receive commissions not less than 7.5% of revenues from business, clients, sources procured by CMGO directed to AudioEye and 10% of net revenues obtained from a third party described in the agreement as fully described in the Master Agreement.
•AudioEye finalized its Royalty Agreement that pays CMGO 10% of cash received from income earned, settlements or judgments directly resulting from the AudioEye patent enforcement and licensing strategy as fully described in the Master Agreement."

But...

"•CMGO retains 15% of capital stock of AudioEye subject to transfer restrictions in accordance with provisions of the Master Agreement. "

So it depends on what AE is trading at I suppose. But CMGO would have to sell their stake to capitalize. Not sure just holding the shares would be enough to move the price.