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"The holder of the note may

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used0000 Member Profile used0000  
Thursday, June 28, 2012 11:31:49 AM
Re: Admiral Lagrange post# 14119 Post # of 28815 
"The holder of the note may
elect to convert the remaining note balance to common stock, and to date has converted $382,358 worth of debt
in exchange for 39,738,418 shares. The remaining balance of this note, including $412 of accrued unpaid interest,
as of March 31, 2012 is $93,463. "

http://www.otcmarkets.com/financialReportViewer?symbol=ACYD&id=81684

*****

Admiral, there was still $93,463 of pure debt eligible to be converted as of 31 MAR 2012, that is one of two easily read that has hopefully been being paid.

Dannymac has gone silent in here, but has picked the fly Sh out of the pepper on the past landlords, insiders being paid shares, etc restricted or otherwise that can be converted.

In the interest of full transparency, I would like to know all debts that exist, and where they stand, but with stinky pinky, there is no requirement to report audited financials.

One thing I'm waiting for...

That $93,463 alone converted at .003 is 30,000,000+ shares.

Correct me if wrong, and there is some restriction for someone holding debt like that to convert?


American Community Development Group, Inc. (ACYD) Stock Trading Info:
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