Last $0.02 USD
Change Today +0.0006 / 3.30%
Volume 10.0K
CMGO On Other Exchanges
As of 8:10 PM 07/29/14 All times are local (Market data is delayed by at least 15 minutes).

cmg holdings group inc (CMGO) Snapshot

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52 Week High
05/13/14 - $0.03
52 Week Low
10/4/13 - $0.0039
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Current Stock Chart for CMG HOLDINGS GROUP INC (CMGO)

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cmg holdings group inc (CMGO) Details

CMG Holdings Group, Inc., a marketing communications holding company, is engaged in the acquisition and operation of organizations in the alternative advertising, digital media, experiential and interactive marketing, and entertainment sectors. The company is involved in the production and promotion, event design, sponsorship evaluation, negotiation and activation, talent buying, show production, stage and set design, and data analysis and management activities. It also offers branding and design services to provide its clients with custom private digital media networks to design and develop individual broadcasting digital media channels to sell, promote, and enhance their digital media video content through mobile, online, and social mediums. The company serves clients across the marketing communication industry. CMG Holdings Group, Inc. is headquartered in Chicago, Illinois.

cmg holdings group inc (CMGO) Top Compensated Officers

Vice Chairman, Interim Chief Financial Office...
Total Annual Compensation: --
Chief Operating Officer
Total Annual Compensation: $225.0K
Director and Chief Executive Officer of XA
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

cmg holdings group inc (CMGO) Key Developments

CMG Holdings Group, Inc. Announces Auditor Changes

On April 10, 2014, board of directors of CMG Holdings Group, Inc. approved to terminate MaloneBailey, LLP as the company's independent registered public accounting firm. Concurrent with this action, board of directors of the company ratified and approved the appointment of Anderson Bradshaw PLLC as the company's independent registered public accounting firm for the fiscal year ended December 31, 2013 and its engagement agreement dated February 17, 2014.

CMG Holdings Group, Inc. Announces Management Changes

On April 7, 2014 the Board of Directors of CMG Holdings Group, Inc. appointed Glenn Laken, as a member of the Board, Chairman of the Board and Chief Executive Officer. Acting CEO Jeffrey Devlin will remain with the company as its Vice-Chairman of the Board. Over the past 30 years, Mr. Laken has held multiple senior executive positions and created successful growth strategies in the financial services sector. Mr. Laken will continue to seek new opportunities to add shareholder value through organic growth of existing assets of CMG and acquisition of undervalued private and public companies.

CMG Holdings Group, Inc. announced delayed annual 10-K filing

On 04/01/2014, CMG Holdings Group, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.


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Valuation CMGO Industry Range
Price/Earnings 3.6x
Price/Sales 0.7x
Price/Book NM Not Meaningful
Price/Cash Flow 3.6x
TEV/Sales 0.2x

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