SEC Comment Letter for CMG HOLDINGS GROUP, INC. (CMGO) (CIK 0001346655) — Jun 24, 2020
CMG HOLDINGS GROUP, INC. (CMGO) (CIK 0001346655)
Date: June 24, 2020 · CIK: 0001346655 · Accession: 0000000000-20-005650
AI Filing Summary & Sentiment
File numbers found in text: 000-51770
Letter
United States securities and exchange commission logo June 24, 2020 Glenn Laken Chief Executive Officer CMG Holdings Group, Inc. 2130 North Lincoln Park West 8N Chicago, IL 60614 Re:CMG Holdings Group, Inc. Amendment No. 2 to Registration Statement on Form 10 Filed on June 12, 2020 File No. 000-51770 Dear Mr. Laken: We have reviewed your filing and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to these comments within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comments apply to your facts and circumstances, please tell us why in your response. After reviewing your response to these comments, we may have additional comments. Amendment No. 2 to Registration Statement on Form 10 General 1.We note your response to prior comment 2. Please provide disclosure in the registration statement indicating that you are unable to confirm that you complied with applicable tender offer rules. Your disclosure should note that, as a consequence, you may be subject to enforcement action by the SEC or state regulators and potentially private litigation. In addition, please disclose that if action is taken against you, the likelihood of its success, or the amount of any damages that might be awarded, would be difficult to predict and such action may also result in injunctive or monetary penalties, which could have a material adverse effect on your business and results of operations. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff.
FirstName LastNameGlenn Laken Comapany NameCMG Holdings Group, Inc. June 24, 2020 Page 2 FirstName LastName Glenn Laken CMG Holdings Group, Inc. June 24, 2020 Page 2 Please contact Daniel Morris at (202) 551-3314 or Lilyanna Peyser at (202) 551-3222 with any other questions. Sincerely, Division of Corporation Finance Office of Trade & Services cc: Ben Borgers
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United States securities and exchange commission logo
June 24, 2020
Glenn Laken
Chief Executive Officer
CMG Holdings Group, Inc.
2130 North Lincoln Park West 8N
Chicago, IL 60614
Re:CMG Holdings Group, Inc.
Amendment No. 2 to Registration Statement on Form 10
Filed on June 12, 2020
File No. 000-51770
Dear Mr. Laken:
We have reviewed your filing and have the following comments. In some of our
comments, we may ask you to provide us with information so we may better understand your
disclosure.
Please respond to these comments within ten business days by providing the requested
information or advise us as soon as possible when you will respond. If you do not believe our
comments apply to your facts and circumstances, please tell us why in your response.
After reviewing your response to these comments, we may have additional comments.
Amendment No. 2 to Registration Statement on Form 10
General
1.We note your response to prior comment 2. Please provide disclosure in the registration
statement indicating that you are unable to confirm that you complied with applicable
tender offer rules. Your disclosure should note that, as a consequence, you may be subject
to enforcement action by the SEC or state regulators and potentially private litigation. In
addition, please disclose that if action is taken against you, the likelihood of its success, or
the amount of any damages that might be awarded, would be difficult to predict and such
action may also result in injunctive or monetary penalties, which could have a material
adverse effect on your business and results of operations.
We remind you that the company and its management are responsible for the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action or absence of
action by the staff.
FirstName LastNameGlenn Laken
Comapany NameCMG Holdings Group, Inc.
June 24, 2020 Page 2
FirstName LastName
Glenn Laken
CMG Holdings Group, Inc.
June 24, 2020
Page 2
Please contact Daniel Morris at (202) 551-3314 or Lilyanna Peyser at (202) 551-3222
with any other questions.
Sincerely,
Division of Corporation Finance
Office of Trade & Services
cc: Ben Borgers