Alliance Creative Group Inc (ACGX)

[10 bagger]

Sam nice work in finding your numbers and on surface they look great but since we valuate company's on a per share basis,, have you ever divided your numbers by actual and fully diluted shares outstanding .. On a fully diluted basis don't forget to add in the president's 800,000,000 shares from the conversion of his preferred to the equation..

Since his shares are a liquid number that he seems to be able to change at the stroke of a pen W/O any benefit to other shareholders it might not be the fully diluted figures if he decides to change it again.... But at present 1.375 Billion seems to close to thee possible fully diluted amount..

Also according to the last 10K amounts still due to other's are far in excess those owed to Golden prior to their conversions during the past 2 years..

Most of the conversions that have increased shares from Golden (8.5 Mil, to 575 Mil.) had debt could of been paid for thru funds in hand.. Using the excuse that they are saving the funds for working capitol doesn't hold water because it increased shares by 63X..

hank