First step to me was reinstating in Nevada, 2nd st
Post# of 37073
If the Lakens plan on running the business as XA and Hudsongray were doing...then it behooves them to be SEC fully reporting, audited financials, NV SOS "Active" (1st step) and OTCQB with OTC Markets...not all that difficult to do...he's had years...suddenly realized that the SEC could suspend CMGO and gray market it...which would make it difficult, if not impossible, for him to sell "his" KBM shares and whatever other shares that were snared in July 2015 for peanuts...
Over 300 million shares traded July 2, 6, 7 & 8 (2015) and another 275 million on July 15, 16 & 17...this, in my opinion, is where all the selling has been coming from...and I speculate it's from someone that is "in the know"...meanwhile...CMGO should either go after NBCUniversal for the full $280,000,000 or settle. Too bad they aren't settling with a SEC compliant company (CMGO), it appears...
It's gotten a "little ripe" around GMGO...not a transparent way to conduct business...and like PlayMoneyBS keeps asking...what happened to the Coachella money? The GMER monies, etc...? One thing is for sure...CEO Laken (now the CFO also) should have kept filing with the SEC and explained that the filings weren't audited or reviewed by an auditor because records were stolen, destroyed and that they were in litigation with the perps...trying to piece everything back together, showing the SEC what Judge Oetken had ruled, opined...easy peasy...
Go to trial Glenn and drag NBCUniversal into it. Otherwise, settle tomorrow.
$280,000,000 or $4,000,000. If you're lucky, there, Glenn. You and the attorney had to have known, going into this, how much money the perps and their companies (Hudsongray et al) likely could come up with. We all know Wagner wasn't that successful. It seems like the 280 million was just for show...without NBCUinversal to sell actual tickets...to the show...it was all for naught...but did propel the price for 'someone' to sell into...the past couple weeks...JMO
Good day.