9/17/2012 3:29:30 PM
Xtremepicks: CMG Holdings (CMGO), There is Really Only 1 Thing to Know About
CMGO push through key price levels soaring 55% last week with an intraday high of $0.035 on Friday, not to mention members making as much as 900% gains since xtremepicks initial alert early May.
Publishers of daily newsletter xtremepicks looks at CMG Holdings (CMGO)
This week, CMGO is primed for a breakout run. With the Audio Eye spin off closing date just a few weeks away, no doubt there will be last minute scrambling to scoop any remaining shares available at these super cheap levels.
So, there’s really only 1 thing to know and is that only shareholders on record as of closing date will get the spinoff shares. With intrinsic value of the AudioEye spinoff shares of at least $0.05 (not including their other profitable subsidiaries), CMGO’s close of $0.032 definitely makes this a super value play.
It is important to note that AudioEye technology will soon be a requirement for millions of online site and has shown to be key to Section 508
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.
http://www.section508.gov/index.cfm
Investors don’t have to look too far to see the potential here for CMGO, in fact sister company Augme inc (AUGT) traded as high as $4.32 per share and has many similarities with AudioEye.
A $4 dollar share price of newly formed AudioEye translates into an intrinsic value of about $0.05 per CMGO share. Not to mention, CMGO’s other subsidiaries that contributes significant revenues with solid growth rates year over year.
Additionally, aside from playing in the same field with the same expertise, both companies have significant patents on their technology which many others are infringing on. This is key since Bradley is an expert in patent infringement and will add significant value to AudioEye’s position.
Even CMGO’s other revenues from subsidiaries are turning heads with increased revenues of over 45% year over year!
CMGO also is a conglomerate of other large revenue generating subsidiaries. In fact, revenues increase over 45% year over year with $7.2 Million in sales for the 2011 year and expect this to increase over $10 Million in 2012.
With the spin off of “Audio Eye” next month, CMGO will be adding significant overall value to its shareholders.
One specific subsidiary getting special attention is their XA subsidiary
XA, The Experiential Agency, Inc. (“XA”) – Check out their Facebook page for some recent events
XA, The Experiential Agency, Inc. (XA) is CMG’s wholly owned subsidiary engaged in event marketing and management. Acquired in 2009, XA engages in a diverse range of marketing services, including interactive event strategy and planning, creative development, public relations, and nontraditional marketing. XA has staged movie and show premiers, cross country tours, hosted VIP events, staged press stunts, and other types of media events and services for leading shows, production houses, non-profit agencies and local communities across the United States. In addition to the physical planning, logistics and event implementation, XA typically takes over responsibility for the interactive side of the events to increase branding awareness over the Internet.
Direct Global Media research report continues to hold a ‘strong’ buy on CMGO with near term target of $0.10 – with the volume and price action members have been seeing, it look super close to reach these levels.
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.
Xtremepicks.com profiles are not a solicitation or recommendation to buy, sell or hold securities and is not offering securities for sale. Xtremepicks received no compensation for CMGO and may be buyers in the open market. Verify all claims and do own due diligence. 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.