Alliance Creative Group Inc (ACGX)

[RDG013]

Keep in mind, simply increasing the A/S and issuing shares to pay off all debt may sound like a great idea, but hardly feasible! The holders of long term debt are not going to accept a bulk transfer of shares for the amounts they are now holding in debt, as the PPS would all but be guaranteed to totally collapse down to .0001 if they attempted to convert those shares to cash in the short term. In addition, they would not accept those shares with the contingency of having to hold them for X amount of time prior to converting, as there would be no future guarantee of the PPS at the time they converted. Basically, they would demand some type of price guarantee and some sort of R/S protections, which for all intents and purposes, would still leave everything as convertible debt.

This would leave the only option as shares issued to pay off debt at a conversion rate of less than .0001/share which would escalate the A/S to multiple Billions. Of course, this would also require the multiple of Preferred Conversions, especially St. Louis' shares to skyrocket!

In then end, can be fun to banter about on the board, but could never really happen, as that many shares could never be converted into the free trading sphere, as there just would not be enough demand.