Alliance Creative Group Inc (ACGX)

[Thudmother]

My email to ACGX:

5/5/2017
Dear Sir:

I am an Alliance Creative Group shareholder. I am concerned about the share price. I would like to know if there are plans for the company to buy back shares at any time in the future, which will have an overall positive effect on the share price. Please do not reverse split the stock, as that always results in the decimation of shareholders investments. Congratulations on the recent earnings.

Yours,
-Bennett


Paul Sorkin <[e-mail]>
2:29 PM (13 minutes ago)

to me
Hello Bennett,

Thanks for your kind words and support of ACGX.

Regarding your questions, we have no plans or desires for a reverse and we have no plans for a buyback now either. Regarding the buyback, we have to make the best overall business and financial decisions for the overall company, investors, shareholders and employees and a buyback is only an option if a company has no debt, no opportunities to invest in growth, and has a lot of extra cash – we are still growing, have remaining debt, and no extra cash so that is not a realistic option at this time.

Have a nice weekend.
Thanks
Paul