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Lol, this company releases what, 2-3 non revenue or dilution related press releases a year? Literally one of the most exciting non revenue/dilution related press releases in the past 8 months, was the fact that ACGX designed a new cardboard box. If anything, this company refuses to pump. It's hard to call pumping on a company that almost stays entirely silent and just announces relatively boring news. C'mon son
Easily! Ask is back up to .0019 and incredibly thin at that, so we could certainly close even higher with more volume. It's looking like a little run up into the report is coming as expected, for ACGX. If some strong news better than "we designed a new cardboard box today," hits before the Q2 report, this can sail beyond the .0042 resistance into blue sky breakout territory, easily.
Stock Zoom began on this board by telling everyone that ACGX was a scam and that it would go nowhere, for days on end. Likely because he hoped to buy at lower prices.
I say this mainly because he suddenly pulled a 180 and began posting incessantly for weeks about how ACGX is the greatest company on the OTC with incredible management and would be seeing huge gains. He also repeatedly informed us that he could confirm with absolute certainty that there was no dilution, stating that all selling was market maker manipulation and one friend of his that was a large holder. In fact he repeatedly cited that the company has never sold a share and it was all his friend but he's done now, so now it's to the moon!
Now a new 180 for his facts and opinions as of last week; Stock Zoom now incessantly posts that we need the market makers (apparently they're good now, they were bad before, lol) because they will pump the price up and that ACGX which he has repeatedly assured us is not diluting actually is diluting. Every couple of weeks he is stating statements as fact, that are in complete opposition to his prior statements of fact. Continuously spouting unfounded conspiracy theories and contradicting them later on. If you are looking for measured, factual, reliable information here please read beyond his posts to better inform yourself.
#WhichStockZoom?
Lol, seriously. It's a sad day when the most positive thing to bring up about a company, is that after they have given away 445 million shares in just 6 months, to pay off about 30 cents worth of debt for every dollar given, they stopped giving away shares for 2 weeks.
Like, they legitimately gave a faster update of the share structure, just so we could see that they stopped screwing the shareholders for 2 whole weeks! That's actually a bit hilarious XD
"ACGX to the moon!"
"Long and strong!"
"Only longs here now, no one's selling at this level anymore."
Lmao
Or as Paul Sorkin would say, "over the course of the life of the company, we have NEVER sold a share. We just gave hundreds of millions of shares away to note holders (for cents on the dollar) that intended to sell them." Lol
#TrickAndRepeat
I bought shares of a stock that was donwngraded to a sell and afterward, ended up selling it for a 9,900% gain 6 months later. After I sold, it still went up another 848%. Those ratings can be helpful for big board stocks but are generally meaningless for small OTC stocks trading at this level.
I can't lie, I've been in the game a long time and this has still managed to be one of the more nonsensical posts pertaining to dilution that I've seen in a While.
Dilution is literally defined as the issuance of new shares that brings down the ownership percentage of a stock. Management here has point blank told us that they have issued 445 million new shares in the past 6 months. I used to have almost 1.5% of this company and now I have about 1.01% and have never sold a share. That is textbook dilution, 101. You can't claim there's no dilution taking place when the company is announcing that they've been issuing shares and their own words are confirmed in the published reports, as well as otcmarkets.com's share structure updates.
You've really got to let go of all these crazy Market Maker theories, to get a better grasp on how trading is occurring. The thought that every major jump in price on every stick that trades is a scheme perpetrated by Market Makers is pure fantasy. Also, the fact that you devote multiple posts, almost every day to market maker manipulation that you feel is present in almost every single trade is redundant and unecessary. I.e. the "look, the price dropped to the bid price, when someone sold at the um...bid price. Crazy MM manipulation!"
We dont need to see that every day. Trades are trades. Some people buy and some people sell but Market Makers aren't running some intense scheme on every stock in the market simultaneously. I mean c'mon son. Lol
ACGX has closed up 4 times in the past month of trading. The highest gain being by $.0003. This quarterly can't come soon enough -___-
It just occurred to me that for Quarter 2, essentially every $1 worth of shares that they issued, cleared up about 30 cents worth of debt. These negotiation skills are remarkably concerning.
I just got started here in 2017 but I can definitely attest to the fact that people have been suspecting the debt would start being paid in cash at least 445 million shares ago (4-5 months ago). As per the last PR, since negotiating means gifting shares to pay off the debt and negotiations are slated to continue this quarter, we will likely be seeing at least another 100 million shares added this quarter.
Actually, since 300 million shares added in a quarter where ACGX hit as high as $.0042 only pays off $300k in debt for some reason (fishy business, lol), at current pps maybe still 200-300 million shares added this quarter. Though I do of course imagine that the quarterly report will bump the price up again.
The Painful Power Of ACGX Negotiations:
300 million shares at the high of quarter two at .0042 would be $1,260,000.
300 million shares at current price at .0021 is still $630,000.
300 million shares only cleared up $300,000 debt. (Ruh-Roh)
More painful negotiations to come for quarter 3!
Nope, just awareness blogging. We weren't paid :3
Haha, no worries, I actually prefer to hear that I'm missing something. I'm very open to learning and growing as the process moves along. I'm posing these questions more because I would like to be proven wrong and find that things are better than they seem. I'm holding just shy of 16 million shares here, so I would like to see ACGX pull through.
I actually already did and received the same canned answer that a lot of us did last month, I believe. The only thing that really stood out to me was that audited financials weren't really touched on, I imagine this being because they have no intent to ever prove that they are actually making any sort of money.
And the one other aspect that stood out was that Paul said the company has not been selling any shares. Which sounds good until you realize they've given away 445 million shares in the past 6 months to pay off minimal debt. A single quarters revenue should have been able to do that.
I'm looking forward to checking back here in 3-5 years, to see if they've graduated to touting $100 million + revenue and still claiming audits are too expensive. Of course all while investors continue to claim that audits aren't important. I feel like there's a good chance that this company will NEVER verify the amount of money they have made, through a credible 3rd party firm.
If a kid walked up to me with a baseball card and said it was worth $1 million but he was selling it for $100 and asked me to buy it, I would look for proof or validation, just as any logical person would. But for some reason that same simple logic goes out the window here because traders "feel" like the company is telling the truth.
You would probably also offer potential buyers proof that you were profitable outside of saying "we're profitable" and writing on your own internal balance sheets that "we're profitable." If one wanted to sell their business or merge, they would have audited financials. Not doing so is essentially saying there is not intent to perform either of these actions, or you're potentially hiding something even more nefarious.
Saying audited financials are too costly, while expecting nearly $1.7 million monthly should be a clear red flag for any investment. Any company at this stage of claimed revenue should be jumping at the chance to prove their reports, rather than making jabs at daytraders in their press releases.
What is hurting this stock more, daytraders, or the fact that they're simultaneously diluting hundreds of millions of shares, while claiming to be making the sort of money that should make dilution unnecessary? It gets worse when you realize that as claimed revenue hitting record highs, and the stock gained as much as 600%, rather than use any of that cash to pay off debts to give shareholders a break, they more than doubled the rate of dilution in Quarter 2. Quarter 1 = 145 millions shares issued.
Quarter 2 = 300 million shares issued.
Since those are the "negotiations" and they will be negotiating more, look out for even more shares to be issued in Q3. Drip, drip, drip.
It gets easier to understand the current price, when you start looking more closely.
300,000,000 shares at $.0022 would be $660,000 but as the PR stated, we were up far more. As high as .0042.
300,000,000 at $.0042 would be $1.26 million.
Why did 300,000,000 shares issued only take care of $300,000 debt? Where's the rest of this money going. The questions abound.
I'm a share holder here but I'm starting to like this less and less...
So many major red flags here. Touting that they gained as much as 100% then apparently gave away another 300 Million shares to clear up $300,000 in debt, while expecting $20 million in annual revenue.
No one think it's odd that they were so desperate to clear up a little bit of debt, that they essentially gave away 300 Million shares at a value of $.001 per share, while the stock was seeing significant gains?
Would a company making this much money be giving away hundreds of millions of their shares at a fraction of their value?
And then people wonder why they don't want their financials audited? Lol, if you were in their position would you want them to be audited, showing your full hand, or just wait for more lemming investors to buy without a whisper of proof?
Some say these massive share giveaways to pay off debt mean that they're "cleaning it up" for a buyout or merger. But odds are no one would be fool enough to buy out a company that won't prove what they claim.
Not saying good things can't happen but there are so many red flags here, it's pretty wild this isn't in the .000's right now.
So am I reading this correctly in that every time Paul Sorkin has stated that they were "negotiating with note holders" that was really just a tricky way of saying "we're issuing hundreds of millions of more shares?"
Those negotiations in Q1 that reduced debt according to today's shareholder letter, meant 145 million shares issued.
But now negotiations in Q2, with the price they're lauding as gaining as much as 600%, meant they then issued 300 MILLION shares?
If they do much more negotiating the share count will have doubled by the end of 2017 at this rate. Of course the price is low, if they're issuing almost 450 million shares every six months. Am I reading this incorrectly? Because if not, that doesn't seem like a good thing at all.
Every quarter I see people posting that they believe dilution is done and that the company will stop issuing shares to pay of their debts because revenue is massively increasing. Meanwhile, every quarter they do not use any of this claimed cash to do so and instead issue more shares and at this rate, after doubling their revenue, instead of using it to pay off debts, they've MORE THAN DOUBLED the rate at which they dilute/issue shares from Q1 to Q2. That sounds like a lose, lose for individual investors and a win for management.
That letter bold faced told us that every claimed negotiation, was a decision to heavily dilute the shares and that there is more on the way! If the amount of shares issued, continues at the same rate for Q3, we'll be looking at an additional 620 MILLION shares issued in Q3.
If this rate continues...
Q1: 145 Million shares issued.
Q2: 300 Million shares issued. (2XQ1 +10 million shares)
Q3: 620 Million shares issued? (2XQ2 + 20 million shares)
Definitely looking for someone to shine a more positive light on this seemingly rampant dilution. Why has dilution doubled during a time period where revenue is hitting record levels and the price is up almost 300% from the Q1 report?
ASK @.0027!
ACGX
We all know multiple big things are about to happen :-P
- People Vine V2 launching, as per twitter.
- Q2 On the way within 2.5 weeks.
- New clients coming on board.
- Old clients expanding their packages.
- The recently announced new partnership driving new business.
- Likely further debt reduction, as has become the norm.
ACGX is going to be the talk of the town soon!
And what a mighty summer it will be! Exciting to see this great base forming since the bulk of us here know what we own, so we aren't being shaken out. So much upside here with ACGX. Also, nice to see the board being more active! Things are about to start getting very busy here in the coming weeks
I'm loving that we've formed a solid basing in the .002's before further news updates and the coming of the Q2 report. Combined with debt reduction news and hopefully a full end to dilution due to the increased revenue stream and profitability, ACGX is going places!
Awesome post! This definitely helps put the swift growth of ACGX into perspective.
That continues to be my main issue here. People keep talking about how "investors don't care about audited financials" but clearly they would go a long way toward building trust.
The whole "audited financials are too expensive" claim, while projecting $18 million revenue for the year and looking on track for $20 million or more in 2017, just doesn't cut it. A few years from now when they're projecting $100+ million revenue, hopefully those elusive audited financials won't still be too pricey for them.
One of the best rules of thumb (unless it is speech pertaining to imcredibly small sample sizes barring occasional outliers), is that you should avoid trusting the word of anyone that claims to have always been correct without fail, especially regarding investments. When it comes to the markets, if someone tells you they have never erred, they are almost certainly lying to you, or perhaps even to themselves.
ACGX will be just fine and the Q2 is due very soon. A lot of upside potential here.
What was the share structure 2 years ago? Dilution over time has definitely taken a toll, even if it has been slow and steady. Hopefully they really are done with that.
I could be wrong but I feel like we may see a green close. Hopefully at least
Gaw damn, 5 years? You must have a MONSTROUS amount of shares! 0_0
They report the results of every quarter. This quarter ends at the end of this month, so the Q2 report should be expected not too long after that. ACGX has been good about being timely because I'm seeing even now, some other OTC companies announcing that they will soon have their Q1 results put together, this late into Q2.
The fact that ACGX is so timely and professional with well put together, detailed, and aesthetically designed reports, speaks volumes about the sort of company we're dealing with here.
You hit the nail right on the head. Pretty much the dictionary definition of a T-Trade.
Unless you're looking for more in-depth info that I'm not aware of, you can check out their tier status info here: https://www.otcmarkets.com/stock/ACGX/profile
ACGX is Pink Sheets Current. They do report to the SEC.
ACGX #16 on the Breakout Boards!
With the way that bids building ACGX is going to be moving up nicely today
Definitely exciting to see word on the strengths of ACGX, finally starting to pick up. Trading powerfully as we move toward the eventual release of the Q2 results and any other good news that may come in between.
Funds cleared and I picked up my 10,000 shares as planned! Finally evened out my holdings XD
Soon as my funds clear next week I'm slapping the ask for 10,000 shares! >:0
NEWS! New Partnership Announced:
http://ih.advfn.com/p.php?pid=nmona&article=74841865&symbol=ACGX
"Alliance Creative Group (ACGX) and Abcon Products Agree to Exclusive Partnership
Alliance Creative Group (ACGX) and Abcon Products Agree to Exclusive Partnership
Print
Alert
Alliance Creative Group, Inc.
Alliance becomes exclusive for rigid packaging East of the Mississippi
CHICAGO, IL - Jun 01, 2017 - InvestorsHub NewsWire - Alliance Creative Group, Inc. (AllianceCreativeGroup.com) (OTC PINK: ACGX) is pleased to announce that it has recently formed a partnership with Abcon Products.
Abcon Products is an industry-leading manufacturer that supplies plastic packaging solutions for produce and packaged food needs. Alliance Creative Group is a full-service product-development agency helping clients connect their products and services to their customers since 1997. Together they help their clients create, package, distribute and market their products in retail and online. The most popular rigid packaging is clamshells, which are vented or non-vented plastic containers used for many fruits and herbs. This agreement will help both parties continue to provide quality clamshells and other related products to the largest food distributors and retailers in the U.S, while increasing capacity and sharing valuable resources to provide a better overall customer experience.
Steve St. Louis, CEO of Alliance Creative Group, Inc., said, "After working in this industry for 20 years now I have found that nothing beats quality relationships and experience. I am very pleased that we are stepping up our partnership with Abcon Products to help both parties handle their current and expected future business needs and continue to grow together. We offer full-service programs to our customers that sometimes include the packaging, fulfillment, warehousing and transportation services and we believe the Abcon Products agreement will help us continue to exceed our clients' expectations."
TJ Sprague of Abcon Products said, "We have had a mutually beneficial relationship with Alliance Creative Group and we are looking forwarding to leveraging their 6 strategic warehouses East of the Mississippi including New York, Massachusetts, North Carolina, Florida, Wisconsin and Illinois, and finding ways to speed up the growth of both of our companies."
About Alliance Creative Group, Inc.
Alliance Creative Group, Inc. (Stock Symbol: ACGX) is a full-service product-development agency that since 1997 has been helping clients connect their products and services to their customers. ACG focuses on creative and design services, printing and packaging, brand and product development, fulfillment, logistics and transportation, strategic consulting, digital marketing and engagement, and software development. For more information, visit www.AllianceCreativeGroup.com or www.ACGX.us.
About Abcon Products
Abcon Products supplies plastic packaging solutions for produce and packaged food needs. Whether it is recommending an existing package that will extend shelf life or customizing for a perfect fit, they work with their clients to showcase their products. On top of consistently supplying plastic packaging that is a cut above the rest, they offer labeling services to meet your individual needs. Over the past decade, Abcon Products has labeled hundreds of millions of retail items, helping numerous growers & shippers to merchandise their products to exact specifications. For more information visit http://www.abconproducts.com/
About PeopleVine
PeopleVine is a software platform combining CRM, marketing, CMS, and sales into a single, seamless customer engagement suite. PeopleVine was started in 2014 with the vision of providing a consolidated platform for businesses to better connect and engage their customers.
PeopleVine is a turn-key platform providing 60+ out-of-the-box pages and experiences to further engage with consumers. PeopleVine users can either leverage the out-of-the-box experience or customize it by making a few design tweaks to building their own experience on the same APIs we used. Flexibility is key to ensuring a consistent and unique branded experience, but also saves developers time by not having to start from scratch.
Together with our fully integrated marketing and automation engine PeopleVine is able to ensure continuous engagement all tracked and managed from a single platform. To date over 200 companies across 15 industries have used PeopleVine to power their websites, text campaigns, ecommerce, memberships, and more. Whether launching a loyalty program or your entire website, our tools make it easy to get going - and growing - quicker. For more information www.PeopleVine.com
About Primary Trucking
Primary Trucking is an asset-based carrier located in Chicago, IL. We specialize in truckload freight outbound from Chicago. We have over 30 years of experience in the transportation industry and we have the tools to be your primary source for transportation. We customize transportation solutions based on our customers' needs. If you need to move your freight locally or coast to coast, we have you covered. No job is too big or too small. We can handle anything, from moving a few pallets to moving an entire warehouse. Primary Trucking is your "Primary" source for transportation needs.
For more information go to www.PrimaryTrucking.com
About Rapid Freight Solutions
Rapid Freight Solutions (Rapid) provides domestic shipping services nationwide, quickly and safely moving products across the country. Rapid specializes in LTL, air freight, hot shot, trade-show, flatbed, intermodal, over-dimensional, step-deck, and refrigerated trucking. Thanks to our team's 30 years of experience, we have relationships with more than 140 carriers nationwide, helping ensure our customers quality service with competitive pricing. For more information, go to www.RapidFreightSolutions.com
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof."
Buying pressure kicking in fast here! Ask at $.0028
I had the good fortune of being able to ring I the bell ringing opening ceremony on the NYSE this past Friday. The VP of the NYSE said that if ACGX makes it onto the NYSE, we will all have made a very handsome return on our investments.
Though this was just a factual statement that I imagine he has ready for any OTC stock he hears of, I'm going to take that as an omen of good things to come :-P
Agreed, your mentioning that just made me decide to wire a little in to scoop some cheapies. With the money they're bringing in, I've been thinking that ACGX might start being more frequent with the updates. Could also potentially see a news update on April or May Financials soon, the same way they showed the record $1.3 million revenue for January 2017.
Nice, good to know, thanks for the info! Personally I would prefer them to stop raising the projections. Just leave them as is and shatter them with the annual report. That would get people way more excited than just meeting, or potentially not making the projections. Projecting $17 mil and hitting $25 mil for example, would launch this stock with a quickness.
And I fully agree with you! I won't be buying for a while but I do intend to load a lot more if this level persists in the coming months (which I highly doubt, lol).