Alliance Creative Group Inc (ACGX)

[RDG013]

Paul sorkin would never say anything like that

No, what they actually said was the cost did not make sense at this time to become fully reporting. He did not say never, nor was there a promise to be fully reporting in the future. Nonetheless, it would be safe to assume that they would not want to incur those costs anytime in the near future, so assume for the foreseeable future that ACGX will not be fully reporting.

Similarly, they have repeatedly stated no plans for R/S, which of course does not mean the next one is not coming, only that it is not needed right now. My bet is still that once/if the debt is fully converted into shares, they will indeed restructure themselves back into a better position.

As a side note, it has been 20 days since the last update, so pretty sage to assume additional shares have been added to that 707M number. As of right now, it does not appear that there has been a change at The SOS, so A/S could be very close to being maxed. Unless they are waiting to change it at the last minute, you may get a very nice run due to a maxed out play as the next Q report approaches. May be worth keeping a very close yet on the SOS site if you are looking for a play here.