CMG ANNOUNCES NEW XA TOURISM AND PHARMACEUTICAL ACTIVATIONS
December 07 2021 - 10:00AM
InvestorsHub NewsWire
Chicago, IL -- December 7, 2021 -- InvestorsHub NewsWire
-- CMG Holdings Group, Inc. (CMGO/OTC)
today announced that XA, The Experiential Agency, a wholly owned
subsidiary of CMG Holdings Inc., has received a PO for the first of
five installations and events taking place between February and
mid-March 2022. This five-part job, which is an international
campaign to promote tourism for a large European country. is being
managed by one of the largest ad agencies in the world. The
promotion will take place primarily in the vicinity of NYC, and XA
will be the Experiential agency in charge of all of the events. It
is difficult to describe the excitement at XA, as this is the first
job that XA has done for a foreign government. We believe this
series of events will open a new avenue of potential work for other
European countries and with the worldwide agency which is managing
this business. The budget on this campaign is estimated to be
between $1,750,000 and $3,000,000 million dollars. There should be
some great copy on these events, which you will be able to find on
XA's and CMG's website as they are produced.
In addition, in mid-December XA will activate a first-of-its-kind
public facing installation over the course of two days in a lower
Manhattan pedestrian plaza on behalf of a large pharmaceutical
client. We are confident that this extremely press worthy
activation will drive further business in the pharmaceutical
space, where XA has previously not worked. The installation will
price in the mid six figures.
These substantial new projects are testimony to the hard work and
dedication of XA’s staff through some of the most difficult times
in the experiential business. XA looks forward to adding these new
corporate partners to its roster of existing clients; and is
dedicated to developing additional new corporate relationships in
the new year.
Disclosure Statement
Statements in this press release about our future expectations,
including without limitation, the likelihood that CMG Holdings
Group, Inc. will meet minimum sales expectations, be successful and
profitable, bring significant value to its stockholders, and
leverage capital markets to execute its growth strategy, constitute
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, Section 21E of the Securities Exchange
Act of 1934, and as that term is defined in the Private Litigation
Reform Act of 1995. Such forward-looking statements involve risks
and uncertainties and are subject to change at any time, and our
actual results could differ materially from expected results. The
Company undertakes no obligation to update or release any revisions
to these forward-looking statements to reflect events or
circumstances after the date of this statement or to reflect the
occurrence of unanticipated events, except as required by law.
CMG’s business strategy described in this press release is subject
to innumerable risks, most significantly, whether the Company is
successful in securing adequate financing and materially decreases
its convertible debt. No information in this press release should
be construed in any form, shape or manner as an indication of the
Company’s future revenues, financial condition or stock price.
Contact:
Glenn Laken CEO CMG Holdings Group, Inc.
(773) 770-3440
glennbrlaken@gmail.com
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