Alliance Creative Group Inc (ACGX)

[Doctorday]

My main question is why are they struggling with debt so much, when their revenue stream has averaged around $10.5 million per year, for the past 7 years?

As per the financials:
Annual Revenue 2010: $11,393,213
Annual Revenue 2011: $9,095,127
Annual Revenue 2012: $10,558,192
Annual Revenue 2013: $10,769,757
Annual Revenue 2014: $12,130,151
Annual Revenue 2015: $11,530,239
Annual Revenue 2016: $11,274,185
Q1 Revenue 2017: $5,116,436
Q2 Revenue 2017: $4,733,909

Total Revenue From 2010 until today: $86,601,209

Am I the only one here that finds it odd, that ACGX has seen revenue of almost $90 MILLION since 2010 and still has to dilute to pay off $100,000 in debt?