10-Q is out. $536,332 cash on hand. Positive Net E
Post# of 327
Posted On: 08/23/2013 8:48:49 PM
10-Q is out. $ 536,332 cash on hand. Positive Net Equity $823,000 on Revenues of $ 4,369,640.
Dated 6/30/2013.
http://www.sec.gov/Archives/edgar/data/134665...q-cmgo.htm
8-K posted 8/5/13 suggested more was added after the fact.
Message from Management to our Shareholders .
http://www.sec.gov/Archives/edgar/data/134665...m-cmgo.htm
Dated 6/30/2013.
http://www.sec.gov/Archives/edgar/data/134665...q-cmgo.htm
8-K posted 8/5/13 suggested more was added after the fact.
Message from Management to our Shareholders .
It has been a while since we last communicated with you. We have been working on clearing up certain company matters and are pleased to announce today we have been extraordinarily successful in our efforts. Briefly, our negotiations with certain parties have resulted in a reduction in the company’s outstanding float by roughly 11.5%. That means there will be a return to the company’s treasury of 33.9 million outstanding shares. An outstanding note for $85,000.00 (plus two years interest at 20%) has just been cancelled and there will be a reversal on the company’s books, for the benefit of our shareholders.
The company has also resolved certain issues concerning Mr. Morrell’s compensation package, on retiring from the Company. Agreement has been reached that certain of his options will be cancelled and his outstanding note for $122,000 was resolved for 2.2 million newly issued shares, reducing the chance that more than 18 million shares would have to be issued.
These events are a huge net positive. We intend to issue an 8K shortly that will spell out where we believe the Company is headed and how we plan on getting there. We hope you are as excited as we are. We ask for just a bit more patience until we are in a position to reveal our game plan. Thanks again for your continued support.
http://www.sec.gov/Archives/edgar/data/134665...m-cmgo.htm
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My favorite paid chat plays are at Penny Stock Lounge http://www.pennystocklounge.com/ Worth the 7 day free trial. I am member and make big money on their chart plays. Very much worth checking out.
I am not a promoter of investments. I am an investor, period! I do enjoy squeezing short sellers when the opportunity arises which is fairly often considering Small cap Nasdaq stocks and OTC stocks are shorted by brokerage houses in the US and internationally. I prefer Big Board stocks over Penny stocks! Everyone should study Deepcapture.com and watch the online movie http://www.deepcapturethemovie.com before investing in any stocks on any exchange so they understand how the markets really work and prepare themselves. In microcap stocks I like to trade around a core position and that philosophy has served me very well over the last two decades. The majority of my money is invested in big board stocks. I only speculate with 5% of my portfolio in non listed OTC plays, mainly in the Marijuana sector.
“Let your plans be dark and impenetrable as night, and when you move, fall like a thunderbolt.”
― Sun Tzu, The Art of War