CMGO – last chance to get this under $0.02
Investors are getting ready for a well deserved long weekend, but come Tuesday we will be in full breakout mode with only a few days left on the expected closing date for CMGO’s AudioEye spinoff – Only holders of CMGO shares until after the closing date will receive the spinoff shares, sellers will lose them and leave big $$ on the table.
We will definitely be looking for any opportunities again today to load up – next week we expect some major scrambling to get a piece of the AudioEye action and be very difficult stealing any shares under $0.02 – the smart money is on the buy side today.
$4 per share price of AudioEye equals $0.05 intrinsic value!
A $4 dollar share price of newly formed AudioEye translates into an intrinsic value of about $0.05 per CMGO share as we have already seen with a proxy sister company Augme inc (AUGT) that traded as high as $4.32 per share . Not to mention, CMGO’s other subsidiaries that contributes significant revenues with solid growth rates year over year.
For new investors and members it is good to review exactly what make AudioEye a HUGE spinoff and why Direct Global Media initiated solid near and long term targets on CMGO.
There are 2 things investors need to know about CMGO’s AudioEye Patented Technology:
Section 508 will make this invaluable, and to get the spin off shares you need to be holders of CMGO shares at closing date expected at the end of the month.
Over 8 million websites will soon need to adhere to Section 508 Compliance, AudioEye has the solution
Section 508 is getting more and more attention and will affect over 8 million web sites to meet Section 508 accessibility standards - that’s where the BIG money will be for CMGO.
CMGO recently released news confirming the spin off shares of “AudioEye” and expected to close at the end of the month.
- CMG Holdings Group, Inc. Announces 2011 Results and Provides Corporate UpdateMarketwire(Thu 9:55AM EDT)
CMGO also just released their recent quarterly results and we are quite impressed with a 26.7% increase in revenues from the same time last year.
**CMGO more than tripled in price since our initial alert at $0.006, but we are not here for beer money – the real gains will be made with the AudioEye Spinoff shares - members need to be holders until the closing date announced for May 31 to get these spinoff shares. Selling anytime before this date, you will lose these shares that is worth several times more than current prices of CMGO.**
About CMG Holdings Group, Inc. (CMGO):
CMG Holdings Group, Inc. is a full service marketing and communications holding company. CMGO’s mission is to build a national platform of exceptional companies that deliver solutions in the areas of alternative advertising, social media marketing services, event management and commercial rights. CMGO is seeking to expand its national presence via its acquired companies, capitalizing on their intellectual properties, patents, sales and marketing, new product development and continued operations via economic recovery. CMGO owns and operates wholly-owned subsidiaries, XA, The Experiential Agency, Inc. and Audio Eye, Inc.
For more information, please visit: www.cmgholdingsinc.com
Follow us on twitter at http://www.twitter.com/ourhotstockpick and become the first to see what our next HOT Stock Pick will be.
Ourhotstockpicks.com profiles are not a solicitation or recommendation to buy, sell or hold securities and is not offering securities for sale. An offer to buy or sell can be made only with accompanying disclosure documents and only in the states and provinces for which they are approved. Ourhotstockpicks may be buyers of features in the open market. Click here to view the full disclaimer