Tuesday, May 12, 2015 3:30:48 PM
In fact I posted several times it's a nice little company the size of the Halmark store at your local mall in revenues.. But it's policy of converting shares for debt rather than paying them off has left shareholders with a diminishing % of the equity they own.. Since ACGX is controlled by the preferred insiders have no fear of loosing control as long as the own one share..
The problem is not with the company but the way the company is used in PR's to promote the stock in order for the converter's to sell and dilute ACGX just as it predecessor did..
Now we have another large converter in the wings that is STLK which ACGX owned and sold.. I never figured if they sold the shell w/o assets how they now owe them $275K but since they don't do audits or announce thru filings when they dispose or acquire assets or companies we just have to use the info they give.. Really..???
STLK trades 100's of million of shares weekly @$0.0001and seems on it's last breath of corporate life so I'm sure the shares for the $275K would come in handy now... $275K = 275 Million shares after the discount.. hank
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