Just in case anyone missed it, here is a re post of an email from Paul. Looking forward to a good day.
Hello Monte,
Thanks for your support of ACGX.
I hope things are going well by you.
As you know Q1 ended Monday so we are getting together some of the relevant
information for the quarter to update the public soon.
Regarding your question about the potential share buyback - I will share the
information we discussed on the annual earnings call to better explain our
opinion of that. We have looked into the costs and benefits of a share buyback
and since we are still a small growing company it has not made business sense
yet and realistically unless we had millions of extra dollars and could not find
good acquisitions to buy or areas to spend on growth it will not make sense
especially on the OTC Markets any time soon. Keep in mind almost all CEOs of
all size companies have consistently agreed that a buyback of shares is
something that is done only after you have exhausted all other opportunities for
growing the company first and if you still have more money left over after
investing in the company's growth. If there are opportunities left to invest in
it makes more business sense to grow the company. You see billion dollar
company's like Apple do this because they have more money than opportunities.
We still have multiple opportunities to pursue and we'll keep everyone updated
as things progress.
And yes you can post this info online.
Have a great weekend
All the best
Paul Sorkin
COO / General Counsel
"Committed to building our clients brand"
1066 National Parkway | Schaumburg, IL 60173
O: (847) 885-1800 x175 | C: (312) 498-9769
Website | Map | Email | Stock Info for Alliance Creative Group (ACGX)
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-----Original Message-----
From: Montie [mailto:princemontie@aol.com]
Sent: Friday, April 04, 2014 8:03 AM
To: info@acgemail.com
Subject: Good morning Paul
Hi. I was wondering if you could give me any updates on ACGX. Is there any new
developments coming up soon. Looks like ACGX is holding steady on the stock
price, but little volume. Is there going to be a stock buyback at some point.
Any info that you could provide would be appreciated. Also do I have your
permission to post it on I-HUB and some investors are getting restless. That
would ease their minds a bit!
I own two million shares and have been buying more when I get extra
money. Thanks and keep up the good work. Take care sir. Montie
Hobbie
