![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Thursday, May 14, 2015 12:05:50 PM
Company's always would rather use any line to pay back monies owed rather than issue toxic financing deals that allow the debt to convert and pound the stock to a worthless value because ever share they sell gives them the opp. to replace it a discount which in the case of ACGX is 30%.. The lower it goes the more shares they get and the cycle continues.
.
Sadly when they were earning $0.12 per share jus a little over 2 years ago and had but 8.5 million shares outstanding they could of paid off all their debt with cash avil. and existing bank lines at favorable interest rates.. Why didn't they..??
Their answer is that they wanted to conserve cash for business purposes,, but were ok diluting existing shareholders to a value of 0.0001% of their origional vested interest in the company...
If that is ur position on this company then the whole otc market should go to ooo1 OMG get real dude this is the least amt od dilution to 99% of the otx space
Stfu already
Recent ACGX News
- Alliance Creative Group (ACGX) Releases Q1 2024 Financial and Disclosure Report with an 88% increase in Net Income from Q1 2023 to Q1 2024 • InvestorsHub NewsWire • 05/15/2024 12:30:00 PM
- Alliance Creative Group (ACGX) Releases 2023 Annual Financial and Disclosure Report - PeopleVine's revenue increased by 100% in 2023 • InvestorsHub NewsWire • 04/01/2024 12:00:00 PM
- Alliance Creative Group (ACGX) Reports Third Quarter of 2023 Financials • InvestorsHub NewsWire • 11/15/2023 01:00:00 PM
- Alliance Creative Group (ACGX) Reports Second Quarter of 2023 Financials • InvestorsHub NewsWire • 08/14/2023 08:30:00 PM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM