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Re: karlstier post# 12758

Friday, 03/17/2017 11:01:09 AM

Friday, March 17, 2017 11:01:09 AM

Post# of 27120
They can trade in their 3.8b common restricted shares for preferred shares with voting rights, reducing outstanding by 3.8b. Something similar was done recently with BM#C, albeit for a smaller amount.

It's just talk, but if they are showing consistent growth and do a r/s from a position of strength, then it could be a positive. Say they want to r/s and do a merger with another partner company which will result in even higher projected revs. The r/s would clean up the books and enable an uplist, while the added revenue from a merger would be a spark to the pps, preventing a slide to previous pps levels. Sliding back to previous levels is something very common on the OTC with companies that consistently dilute till maxing the A/S, then r/s and do it all over again. $ACOL hasn't added any dilution for almost a year, a good sign that business is healthy and they're making money.

$ACOL