Anyone that wants to try a high risk/high reward p
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Posted On: 06/26/2019 2:04:34 PM
Anyone that wants to try a high risk/high reward penny stock, but never tried before. CMGO, announced 100M bayback, going back current next month, they just gave an 8k that the buyback has started... .0075 price right now. Since the are not diluting, I doubt bears could push it down below .005. They won a lawsuit recently and have 90k a month coming in for a couple years. I suspect they will break a 1c at some point this summer, maybe multiple pennies. I would not put a lot of money in it, just if you have never tried you might find playing with subpenny an interesting experience. This is one of the fairly safer plays in subpenny land since no dilution. Of course all in my opinion.
https://investorshub.advfn.com/boards/read_ms...tchSize=10
CHICAGO, IL March 12, 2019 -- InvestorsHub NewsWire -- PRLog -- CMG Holdings Group, Inc. (CMGO/OTC), through the office of the CEO, announced today that the Company is completely free of convertible debt.
MAXED OUT share structure
NO convertible debt
NO noteholders
NO toxic financing
NO shares to issue
NO dilution
BUYBACK in progress, so that means the outstanding will be reduced from where it currently is, not grow any bigger
Authorized Shares
450,000,000
06/25/2019
Outstanding Shares
449,506,008
https://investorshub.advfn.com/boards/read_ms...tchSize=10
CHICAGO, IL March 12, 2019 -- InvestorsHub NewsWire -- PRLog -- CMG Holdings Group, Inc. (CMGO/OTC), through the office of the CEO, announced today that the Company is completely free of convertible debt.
MAXED OUT share structure
NO convertible debt
NO noteholders
NO toxic financing
NO shares to issue
NO dilution
BUYBACK in progress, so that means the outstanding will be reduced from where it currently is, not grow any bigger
Authorized Shares
450,000,000
06/25/2019
Outstanding Shares
449,506,008
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