Alliance Creative Group Inc (ACGX)

[masterofdisaster]

This is an email response from Paul Sorkin.

Hello JJ,

 

I appreciate the questions and your comments, However, we have discussed this multiple times in interviews, the earnings call and in our disclosures.

We believe that any small company trying to grow should be spending their money on growth before cash debt repayment and in this situation we feel it is a better business decision to spend money on trying to create more business, more revenues, more profits, more assets and more opportunities to help the company grow rather than pay back debt in cash rather than stock at this time.

 

We understand your concerns and have reduced the dilution % in an effort to create a better balance and a better future for everyone and re-evaluate all business and financial situations all the time.

 

Thanks    

Paul Sorkin
COO

 

Hi Paul

I am currently a share holder in ACGX and would like to ask you a few questions.

 

Why is ACGX paying off such a small amout of debt with convertible notes? Why not just pay off the debt with profits? All ACGX is doing is lowering the value of the stock price and creating a negative environment.

 

thanks

JJ