Email from Paul:
Are People not reading the disclosure report and/or the PR r just not understanding the positives here.
Currently PeopleVine has been spun off into a separate private company, PeopleVine, Inc., and ACGX owns shares in this private company. As of this Quarterly report, and after PeopleVine’s acquisition of the software company Tribe PM, there are a total of 10,062,500 vested shares with a current value of fifty cents each ($.50). This value amount is based on the last funding round and the value of the shares exchanged for the acquisition. There are 7 current shareholders and ACGX owns 3,364,375 shares or 33.43% of the overall company. ACGX also has 1 of the 2 board seats of the new company.
As of September 30, 2017, ACGX has invested $700,000 in total, in cash and services, into PeopleVine in exchange for the current equity of the new company.
So ACGX currently owns 3,364,375 shares of the new private corporation with a current value of $.50 per share based on the price of the last investment into the new company so it was worth $1,682,187.50 as of the last funding after investing $700,000 an increase of $982,187.50 or about 140% increase.
Neither Steve or I own anything personally outside of ACGX’s shares.
And like all Companies as you grow and/or take in other investors or partners you vote to decide if you pay a dividend or reinvest and if and/or when PeopleVine is ever sold ACGX would get the money for the buyout of those shares.
I understand there is a lot of unknown in every business because no business knows if their plans will work and what the future brings but I don’t see how this positive opportunity to get others involved in a private company that would not do a public company and avoid having to dilute ACGX shares in exchange for any future potential investors in a private company can be a negative.
Paul
From: <+17196602703@mymetropcs.com> on behalf of "+17196602703@mymetropcs.com" <+17196602703@mymetropcs.com>
Date: Friday,
