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Re: ValueTrader119 post# 40310

Thursday, 04/24/2014 11:18:12 AM

Thursday, April 24, 2014 11:18:12 AM

Post# of 98675
ACGX.. $0.097... Show me one company with a decent balance sheet that ALWAYS has had cash on hand to pay off it's toxic debt that would allow it's shares to increase by 67 times in two years while continuing to make money with a decent line of credit from banking sources.. Shares outstanding outside of the preferred mean squat to this company be cause of it's control by the preferred....In the past 6 months shares outstanding have increased by over 350% ,, if that's slowing down,, I've got a bridge for sale..

As per their conference call and multiple public disclosures they said they have worked out multiple agreements with their debt holders to slow down the dilution and continue to talk to them about working together. That is why we are down to only a 5 or 10% dilution rate instead of a 20 or 30%+ rate from a couple years ago.



Also show me a company that has a president that may increase his share conversion by the stroke of a pen W/O any compensation to other shareholders because he controls all Preferred shares (400,000,000 to 800,000,000)..

Also while you are looking show me any company that puts on its web site third party info that is unverifiable such as shares shorted and values from paid for pump sites as news..

I have that company if you can't find one and that is ACGX,,

As per their conference call and multiple public disclosures they said they have worked out multiple agreements with their debt holders to slow down the dilution and continue to talk to them about working together. That is why we are down to only a 5 or 10% dilution rate instead of a 20 or 30%+ rate from a couple years ago.

Keep in mind these are debt holders that put in money multiple years ago and are trying to get their money back with a little profit after waiting so long. They could push them to convert it all faster but they have been in talks with them for a while to control the dilution and although no one wants any dilution it is one of the few things that is almost certain with all pink sheets and public companies in general.

I personally haven't seen many companies that go public and don't dilute. It only happens when a public company raises millions at one time from a large investor that is willing to wait multiple years to convert or get paid back but even in those cases after a year or 2 they usually convert as well.

That is just how public companies work. If they didn't use shares to raise money, pay employees, buy companies and pay back debt then they should stay private. If they are going to take on additional time, effort and expenses to be public they basically have to issue shares or they are not utilizing the public vehicle to grow their business faster than a private company.

Keep in mind ALL public companies even the billion dollar ones issue shares all the time. Some times it's for employee options or to repay past debt holders or to acquire companies but every public company issues shares - that's why they are public.

In any case, if you are going to trade penny stocks you have to realize their is a 99.9% chance that they will be issuing shares at some point and a super majority of them dilute shares at a rate of well above 10% so take that into consideration when trading ALL OTC stocks not just ACGX.


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