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Re: None

Thursday, 02/09/2017 4:05:24 PM

Thursday, February 09, 2017 4:05:24 PM

Post# of 27120
Some here believe that ACOL dumped ATM shares this week. I am one of them and here's my two cents:

It is not uncommon for small companies to use the ATM to raise capital, and its not always a bad thing. I believe this week ACOL dumped about 40mil shares into the market at a price of about .035

This is not always a bad thing although our S/P takes a hit and our share power is diluted. Here's why:

1. From what I understand, ACOL does not show much cash on its books. 40mil @ $.035 gets them $1.4mil in their coffers without paying any interest that a bank might charge from a loan. Good ATM use.

2. Use the new $1.4mil to pay down debt......Good ATM use

3. Use the new $1.4mil to purchase machinery/better machinery that will allow more production/faster, cheaper production

ATM is not always a bad thing, especially for a young/growing company. It could signal that they are expecting a ramp up of sales in the future and will be needing capital to fund it. Better to sell shares @ $.o3-.04 then at .008 Right?

Finally, heres an extra tidbit regarding good ole Clay. I believe he is being fed inside info pertaining to company strategies. I believe he is aware of upcoming ATM sales and alerts traders to short into the dump. It is virtually low risk shorting into the share dump.

Cheers
Chenzo