Advanced Container Technologies Inc (ACTX)

[BuddyGuise]

Patents, molds, and the ability to become their own manufacturer. All really good things if you have a long term outlook. The shares are restricted and once off restrictions, he can only sell 1/16th per qtr. The the shares were sold to the previous patent holder who also was the manufacturer. I think it's a good thing for investors because the man has seen the increase in sales since 2013, and I'm betting that he holds onto shares. The other interesting thing it allows, is that being a wholly-owned manufacturer, once they get that up and running, and holding the patents, they become a potential takeover Target for a company that is looking to bring more businesses in house. Exactly what Aurora Cannabis has been doing.

We've known about this since the beginning of May, the latest filing was mostly due to a patent being reissued and some small verbage being changed in the document. Talks of reverse splits at this time is a bit foolish in my opinion, with the directors of the company owning three quarters of the shares outstanding I don't believe that they would do a reverse split unless it was from a position of strong strength.

All imo

$ACOL