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February 22, 2010
Penny Stock Profile ….
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CMG Holdings, Inc.
(OTCBB: CMGO)
For complete profile,
CLICK HERE.
“CMGO’s core business expects a net income
profitable year to date for Q3 2009 to come in
at $338,953 on revenues of $2,991,493. Gross
profit margin growth is expected to be 58% in
2010; 64% in 2011; 65% in 2012 and 66% in 2013."
Company Profile |
Quote & News
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OTHER NEWS
CMG Holdings, Inc. (CMGO), is a full service marketing
communications holding company servicing clients in the
sectors of marketing, communications, media, entertainment,
management and logistical services. CMGO was formed by a core
group of principals, all of whom have held senior level
positions with several of the largest and most successful
companies in the sports management and entertainment industry.
The company delivers custom marketing solutions to optimize
profitability by concentrating its resources in those segments
of the marketing communications and entertainment industry. It
operates in the sectors of talent management, event
management, and commercial rights.
CMGO is operating and servicing clients in the fast growing
sector of Alternative Advertising and New Marketing Media.
From Year 2008 through Year 2013, Alternative Advertising and
marketing service companies (delivering advertising client
messages directly to consumers) are expected to grow 12% CAGR
versus more than a 1% CAGR decline from traditional media
advertisers as they experience substantial disintermediation.
CMGO, as well as their acquired Companies, XA & AudioEye
provide brand name clients with Alternative Advertising &
Integrated Marketing Services across several sectors including
event marketing, promotion marketing, internet solutions,
digital media, licensing marketing, consulting talent
representation, event production and commercial rights.
CMGO acquired XA in April 2009 through an asset purchase. XA
is a top tier, vertically integrated, single source strategic
marketing, interactive, design and production agency that
provides unique marketing programs and experiential
environments to a client roster of midsize luxury and
lifestyle clientele, as well as Fortune 50 and 100 clients. XA
offers a broad range of one-off services such as: event
creative concept and design, event promotion, as well as
production of turn-key events, such as B2B meetings, corporate
roll-outs, road shows, award ceremonies, and product and media
launches, all with dynamic experiential environments.
Xa’s Clients include Disney, HBO, USANetwork, UBS, Goldman
Sachs, Hermes Paris, Tiffany & Co., SAKS FIFTH AVENUE, Four
Seasons Hotels and Resorts, The Ritz-Carlton, Unicef and many
others.
XA has a 20 year operational history as a strategic marketing
firm with Fortune 50 & 100 Clients. XA has a solid revenue
base as is evident by their historical revenues which came in
at $9.8MM in 2006; $9.3MM in 2007; $8.8MM in 2008. CMGO’s
strategic acquisition of XA is proving to be a strong move and
is helping in the Company’s overall balance sheet. CMGO’s core
business expects a net income profitable year to date for Q3
2009 to come in at $338,953 on revenues of $2,991,493. Gross
profit margin growth is expected to be 58% in 2010; 64% in
2011; 65% in 2012 and 66% in 2013.
In October 2009, CMGO signed a Letter of Intent (LOI) to
acquire AudioEye. AudioEye has developed patented and
patent-pending internet accessibility, content publication and
distribution software that enables the conversion of any media
into accessible formats and allows for real time distribution
to end users via any network connected device.
AudioEye’s current IP Portfolio includes one patent allowed in
Q4 ‘09, one expected in Q2 ‘10 & two more patent applications
registered with the patent office all to create significant
competitive barriers. AudioEye holds a perpetual license to a
Modavox patent on Target Search Marketing. The author of
AudioEye’s patents co-invented Modavox (OTCBB:MDVX) patents,
which are now valued at $525 million.
As we mentioned above, the Company’s core business operates in
the sectors of talent management, event management, and
commercial rights. CMGO Talent Management includes
representation of personalities in the entertainment and arts,
athletes, literary industries through a full service
representation to enable its clients realize their utmost
potential for endorsements, licensing, contract negotiations,
speaking appearances, literary and television image marketing.
CMGO Event Management includes marquis hospitality,
sponsorships and licensing, broadcast production, and
implementation of events including hospitality services to the
most discriminating of clients in across entertainment sectors
pairing corporate sponsors and premier events and leveraging
that experience to ensure its clients receive the highest
return on their investment and level of brand exposure.
CMGO Commercial Rights includes branding, consulting,
endorsement, licensing and sponsorships and sales and
marketing. CMGO creates branding and distributes image
marketing tools to strategic outlets to generate premier brand
recognition for its clients. CMGO’s consulting focuses on
developing high-profile programs utilizing creative solutions
to improve cost-efficiency and increase client revenues.
CMGO’s core business clients include Best Buy, Google, General
Mills and many others.
Technically speaking the Company is trading around the mid-way
point of its 52 week trading range and seems to be on a
upwards trend since December of 2009 when it traded at around
$0.05 a share. Looking at the various technical indicators
that we use to evaluate a stock, the RSI is looking
particulary good as it has just crossed the 50 range, or the
mid-way point, pointing upwards, giving a buy signal. The MACD
looks like it is close to doing a bullish cross-over and the
stock price has been trading in a much more narrow trading
range in January, which has narrowed the bollinger bands,
signalling that a price breakout could occur for the stock.
The exponential moving average crossover which we track, 10
period versus 50 period, has crossed a few weeks ago
signaling the potential for a longer term bullish trend.
There looks to be substantial support at $0.08 and $0.10, so
stop losses against the unexpected are strongly encouraged. As
always, these are only our interpretations of CMGO’s chart, we
strive to give you all the information we can and always
encourage our investors to do their own due diligence and
consult with a financial advisor before making any trading
decisions.
Headquartered in Miami, Florida with marketing and sales
offices in New York, Chicago and Tucson, CMGO was formed in
2008 for the purpose of acquiring leading marketing companies
with synergistic capabilities and services. CMGO’s mission is
to build a platform of exceptionally profitable companies that
deliver customer solutions in the area of traditional and new
media marketing services, commercial rights, and talent
management. The strong technicals coupled with the impressive
fundamental prospects for this Company, should be compelling
enough for investors to take a closer look at CMG Holdings,
Inc. (OTCBB:CMGO).
As always, more information on the Company can
be found on AllPennyStocks.com, or by
clicking here.
INVESTMENT HIGHLIGHTS
- Burgeoning Industry Growth. CMGO is
operating and servicing clients in the fast growing
sector of Alternative Advertising and New Marketing
Media. From Year 2008 through Year 2013, Alternative
Advertising and marketing service companies
(delivering advertising client messages directly to
consumers) are expected to grow 12% CAGR versus more
than a 1% CAGR decline from traditional media
advertisers as they experience substantial
disintermediation.
- Impressive Client List.
Xa’s Clients include Disney, HBO, USANetwork, UBS,
Goldman Sachs, Hermes Paris, Tiffany & Co., SAKS
FIFTH AVENUE, Four Seasons Hotels and Resorts, The
Ritz-Carlton, Unicef and many others.
- Long
Corporate History. XA has a 20 year operational
history as a strategic marketing firm with Fortune
50 & 100 Clients. XA has a solid revenue base as is
evident by their historical revenues which came in
at $9.8MM in 2006; $9.3MM in 2007; $8.8MM in 2008.
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Significant LOI. In October 2009, CMGO signed
a Letter of Intent (LOI) to acquire AudioEye.
AudioEye has developed patented and patent-pending
internet accessibility, content publication and
distribution software that enables the conversion of
any media into accessible formats and allows for
real time distribution to end users via any network
connected device.
- Powerful Patents.The
author of AudioEye’s patents co-invented Modavox
(OTCBB:MDVX) patents, which are now valued at $525
million.
- Significant New Prospective Business.
XA is also in the bidding/proposal phase for new
business in 2010 with the following companies:
General Mills, Harrah’s Entertainment, Guinness
Believer Tour, Gold Eagle, and Conde Nast Reader
Choice Awards.
- New Lucrative Revenue Streams.
AudioEye’s Accessibility software meets the
standards and criteria for the Section 508 of the
Americans for Disabilities Act ($2.8 billion
market). The software is leased by an annual
subscription fee and a monthly usage charge. Clients
in 2010 include: US Congress, State of Arizona,
State of New Mexico, Major League Baseball, New York
Times, and Limelight Networks.
OVERVIEW
Headquartered in Miami, Florida with marketing and
sales offices in New York, Chicago and Tucson, CMGO was
formed in 2008 for the purpose of acquiring leading
marketing companies with synergistic capabilities and
services. CMGO’s mission is to build a platform of
exceptionally profitable companies that deliver customer
solutions in the area of traditional and new media
marketing services, commercial rights, and talent
management.
CMGO acquired XA in April 2009 through an asset
purchase. XA is a top tier, vertically integrated,
single source strategic marketing, interactive, design
and production agency that provides unique marketing
programs and experiential environments to a client
roster of midsize luxury and lifestyle clientele, as
well as Fortune 50 and 100 clients.
In October 2009, CMGO signed a Letter of Intent (LOI) to
acquire AudioEye. AudioEye has developed patented and
patent-pending internet accessibility, content
publication and distribution software that enables the
conversion of any media into accessible formats and
allows for real time distribution to end users via any
network connected device.
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Corporate Information
- Exchange: OTCBB
- Market Cap: 5.1 Million
- Outstanding Shares: 42.4 Million
- Price: $0.12
- 52 Week Low / High:
$0.008 / $0.19
- Information As Of February 22, 2010
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Useful Profile Links
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Forward Looking Statements
This report includes forward-looking
statements that reflect CMG Holdings, Inc. current
expectations about its future results,
performance, prospects and opportunities.
CMG Holdings, Inc. has tried to identify these
forward-looking statements by using words and
phrases such as "may," "will," "expects,"
"anticipates," "believes," "intends,"
"estimates," "plan," "should," "typical,"
"preliminary," "we are confident" or similar
expressions. These forward-looking statements
are based on information currently available and
are subject to a number of risks, uncertainties
and other factors that could cause CMG Holdings,
Inc.’s actual results, performance, prospects or
opportunities to differ materially from those
expressed in, or implied by, these
forward-looking statements. These risks,
uncertainties and other factors include, without
limitation, the Company’s growth expectations
and ongoing funding requirements, and
specifically, the Company’s growth prospects
with scalable customers, and those outlined
above. Other risks include the Company’s limited
operating history, the Company’s history of
operating losses, consumers’ acceptance, the
Company’s use of licensed technologies, risk of
increased competition, the potential need for
additional financing, the terms and conditions
of any financing that is consummated, the
limited trading market for the Company’s
securities, the possible volatility of the
Company’s stock price, the concentration of
ownership, and the potential fluctuation in the
Company’s operating results.
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Information contained in this report was
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available sources deemed reliable. For more
information see our disclaimer section, a link
of which can be found on our web site. This
document contains forward-looking statements,
particularly as related to the business plans of
the Company, within the meaning of Section 27A
of the Securities Act of 1933 and Sections 21E
of the Securities Exchange Act of 1934, and are
subject to the safe harbor created by these
sections. Actual results may differ materially
from the Company’s expectations and estimates.
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