Stockholders' Deficit Common Stock, $.001 par value, 1,000,000,000 shares authorized, 142,857,622 shares and 51,110,297 shares issued and outstanding, respectively 142,858 51,110 Additional Paid in Capital
There were 316,273,077 shares of Common Stock outstanding as of February 6, 2014.
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Part B Share Structure Item 4: The exact title and class of securities outstanding The Company has 2 classes of capital stock Common (Restricted and Free Trading) and Preferred As of 12/31/13 the Company consisted of 485,524,521 total shares of Common Stock Outstanding and the Company also has 4,000,000 shares of preferred stock outstanding. The Company’s trading symbol is ACGX.PK and CUSIP number is 01858T107. Item 5: Par or stated value and description of the security The Common Stock has a par value of $.0001. The Common Stock has a one share one vote right but no future rights to dividends. As of December 31, 2013 the preferred stock has 100 votes per share and 100 to 1 conversion rights into common stock but is not entitled to receive any cash dividends. The Company also converted 1,000,000 shares of the preferred stock on May 1, 2013 into 100,000,000 Common Restricted Shares for the CEO, Steven St. Louis. As of January 7, 2014 the voting rights for the preferred stock was amended to 200 votes per share along with 200 to 1 conversion rights into common stock. If all the remaining preferred stock owned by Mr. St. Louis was converted into restricted common stock in the future it would be equal to 800,000,000 common shares. Therefore the Company may need to increase the Authorized Common Stock to above its current 750,000,000 to allow enough room for potential future conversions. However, there are no current plans to convert any more preferred shares into common shares at this time.
Item 6: The number of shares or total amount of the securities outstanding for each class of securities authorized As of: December 31, 2013 the Company had the following: Common Stock Authorized: 750,000,000 Common Stock Outstanding: 485,524,521 Public Float: 385,295,456 Number of Shareholders of Record with TA not on NOBO: 147 Preferred Stock Authorized: 10,000,000 Preferred Stock Outstanding: 4,000,000 Item 7: The name and address of the transfer agent Pacific Stock Transfer Company 4045 South Spencer Street, Suite 403 Las Vegas, NV 89119 Telephone: 702-361-3033 Our transfer agent is registered under the Exchange Act and is regulated by the Securities and Exchange Commission
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