CMG HOLDINGS GROUP, INC. : Other Events (form 8-K)
January 16, 2020 at 09:47 am EST
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Item 8.01. Other Events
Pursuant to the share buy-back agreement approved by the Board of Directors on
June 10, 2019,
CMG Holdings Group announces the purchase of 1 million shares in the open market
at an average price of .0065. To date, the company has bought more than 7.4
million shares. The company continues to believe the shares to be significantly
under valued.
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.