Alliance Creative Group Inc (ACGX)

[10 bagger]

"Wow U bought this @ .12 and were told no dilution "

That is not what I posted.. I only paid $0.015 and between the release I used for DD and the next release they diluted 50%.. I sold on a P&D around $0.02,, but it traded as high at $0.043 that day and closed down on the day @$0.018.. Funny the trading for the day was almost the reported float but on the next report the shares had doubled again.. It appears that even though most loan holders may only own 9.9% they may convert each time they sell as long as they do not exceed 9.9%..

The new preferred h holders have no restriction as to how many they convert and they are about to come up to their holding period.. So the lower the can get ACGX before they convert at a 30% discount to the market the more shares they get..

Sure it's a nice little company,, almost the same as it was when it earned $0.12 per share.. If it wasn't do you really think a company with a few copying machines could extract money from over 650 Million shares just by telling people that they are just trying to conserve cash when they could of paid it off years ago.. And why did they need the money from the New Preferred last year except to extract more funds..??

Good luck to you in your investment but since I owned it when it earned $0.12 per share and was told not to worry about dilution when there were but 8.5 million shares outstanding I learned the hard way about dilution.. It destroys shareholder value but has no effect to those that control thru the preferred.. They as here just increase their rate of conversion to suit their own selfishness and control.... hank