CMG Holdings, Inc. (CMGO) CMGO's Current market value is only 1.2 million? Year to date CMGO has had over 4.7 million in revenues in 2011 and currently has over 400k in cash based on the last quartely sattement. Wow, Can you say undervalued? They have recently applied for an increase in authourized shares to take the share structure from 150 million to 450 million. Based on the most recent sec filing This is to be used for one of the following purposes: For issuance by the Board for stock splits or stock dividends, acquisitions, raising additional capital, stock options or other corporate purposes. The additional shares of Common Stock could be used for potential strategic transactions, including, among other things, acquisitions, strategic partnerships, joint ventures, restructurings, business combinations and investments. It's pretty easy to see somethings going on here and during a time when the companies stock is hitting a 52 week low. If a forward split or stock dividend is planned they are big money makers in the otc markets. The company has been pumping out alot of PR lately too. This leads us to beleive something BIG is definately on the horizon. We have compiled some information on CMGO for everyone below. P.S. We would like your feedback and are happy to answer any questions you may have. still holding GSPT and GBIQ waiting on updates! CMGO 52 week range .012 - .40 Link to the last 10Q Latest PR: CMG Holdings Group Inc. Creative Management Group Inc. Agency Advises Client Frogwater Media for Sale of TV Series MIAMI, Oct. 27, 2011 /PRNewswire via COMTEX/ -- CMG Holdings Group Inc. Creative Management Group Inc. Agency (CMGO) (OTCBB: ), www.cmgholdingsinc.com, a full service marketing communications company operating in the sectors of commercial rights, event management and talent and broadcast management, is pleased to announce that its Chairman and CEO, Alan Morell, served as advisor to Frogwater Media Executive Producer Tim Troke. Developed and produced by Frogwater Media from the prestigious Taste Award winning "Best Food Travel Web Series" (2009, 2010), the 13-part television series Chefs Run Wild makes it North American broadcast premiere on the specialty channel Travel+Escape. Chefs Run Wild's broadcast is timed to coincide with the network's re-launch on November 1 with a three-month national free preview and advertising campaign. "When I was pitched the series about three chefs (and best friends) from Winnipeg who decide to quit their jobs, travel for six months on $30 a day, I thought that sounds like a show we want! Chefs Run Wild brings great personalities and adventure to the Travel+Escape audience - a taste of what's ahead as we re-launch our schedule with over 300 hours of new acquired and commissioned content," says Marcia Martin, SVP Creative Content, Commissioned and In-House Production at GlassBOX Television. Three Canadian trained chefs, twin brothers Chad and Clayton Klyne together with fellow adventurer Lyndon Wiebe, travel across Southeast Asia to experience and document the culture, rituals and authentic regional dishes from Laos's spit-roasted lizard to a cobra heart 'Bloody Mary' served up in a shot glass. Not for the lily-livered or squeamish, viewing is recommended on an empty stomach! "We wanted to show Asia and all its beauty through a traveller's eye, and show the highs and lows of travel on a budget. We demonstrated that, through the simple act of preparing and sharing a meal, you can break down the barriers of culture, race and language. But it wasn't always easy," comments Chad Klyne. Chefs Run Wild heads to Toronto and into final production from September 6. The series is executive produced by Frogwater Media's Tim Troke. A cookbook featuring the chefs' favourite exotic recipes (alongside the westernized version) is currently in development under representation of CMG Holdings Group Inc. Creative Management Group Inc. Agency Chairman and CEO Alan Morell. About Frogwater Media: Established in 2007 by executive producer Tim Troke, Frogwater Media produces compelling content for television, broadband and mobile including the hit CBC Christmas special Magic Man: Greg Frewin Home For the Holidays and the online series Grape Notes for Foodnetwork.ca, Taste Award-winning The Naked Wine Show, BSGcast and Your Geek News. Tim Troke and Frogwater Media is represented by Alan Morell at the Creative Management Group Inc. Agency, www.creativemanagementgroup.com. About Travel+Escape: Travel+Escape is the home of top-rated travel themed television programs with entertaining hosts, compelling stories and exotic locations. The channel features popular lifestyle series including Anthony Bourdain: No Reservations, Ghost Adventures, Let's Shop and Piers Morgan On. SOURCE CMG Holdings Group Inc. Copyright (C) 2011 PR Newswire. All rights reserved CMGO Security DetailsShare Structure
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