Alliance Creative Group Inc (ACGX)

[Doctorday]

Because they saw revenue of more than $86 million since 2010 and it is one of the key things that numerous investors, including myself, keep harping on as turning them away from wanting to buy.

An audit costs about $30-50,000 for a company this size. That's less than 3 hours worth of sales in one quarter, according to their financial report.

As per Q1 2017 financials, it would have taken ACGX on average 2 hours and 48.6 minutes out of one business day to be able to pay for an audit. I think the risk to reward ratio of spending the revenue pulled in before lunch time, during one day at the office, is well worth quelling the never-ending questions of many investors targeting this same issue. More likely than not the value earned would outweigh the money spent and allow that potential move to .01 for an up-list, to run more smoothly. I have already had more than 5 people tell me that the reason they won't invest here is the lack of an audit, so there's clearly a decent amount of people that take audits seriously.

There are companies not even pulling in one tenth of the revenue that ACGX claims, trading higher and stronger because they have audited financials, so investors are able to confirm they aren't being played for fools.