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Re: Mygolfballs post# 51584

Thursday, 05/14/2015 12:05:50 PM

Thursday, May 14, 2015 12:05:50 PM

Post# of 98675
ACGX.. $0.0016.. If that were the real reason to own any stock then there would be no stock market at all and the reason that most company increase shares is to create capitol for the operations by the company..

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


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