CMG HOLDINGS GROUP, INC. : Other Events (form 8-K)
February 20, 2020 at 09:13 am EST
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Item 8.01. Other Events
CMG Holdings Group Inc. CMGO announces the purchase of 1.0 million shares of
it's common stock in open market transactions at an average price of .00597. The
shares will be retired to treasury. To date the company has bought in excess of
9.6 million shares under it's 2019 board approved resolution to repurchase up to
100 million shares. Management believes the shares to be significantly under
valued.
Separately the company is providing an investor summary to update investors.
CMG Holdings Group, Inc. is a marketing communications company focused on the operation of organizations in the alternative advertising, digital media, experiential and interactive marketing, and entertainment industries. The Company's segments include XA The Experiential Agency, Inc. (XA) and CMG Holdings Group. It operates in the sectors of experiential marketing, event marketing, commercial rights, and talent management. Its experiential marketing includes production and promotion, event designs, sponsorship evaluation, negotiation and activation, talent buying, show production, stage and set designs, data analysis, and management. It also offers branding and design services, including graphic, industrial and package designs across traditional and new media, public relations, social media, media development and relations and interactive marketing platforms to provide its clients with a customary private digital media network to develop individual broadcasting digital media channels.
CMG HOLDINGS GROUP, INC. 
