InvestorsHub Logo
Followers 91
Posts 4077
Boards Moderated 0
Alias Born 05/24/2011

Re: mc73 post# 21042

Sunday, 07/29/2018 7:14:05 AM

Sunday, July 29, 2018 7:14:05 AM

Post# of 27120
Yes sales not shares. Apologies over the confusion, but the rest of the post referenced $ACOL sales for the year, how they are increasing, how that increase is shown on the 10Q, and how Canadian LP's are ordering and re-ordering the MedTainer.

So, to sell because of the share structure..... It's changed very little since whenever bought and management still holds nearly 3/4 of the outstanding. Yes, shares have been added throughout the years, and monies generated have gone back into the business. That's what publicly traded companies do.

To say sales aren't increasing when every indication says they are, is curious. Just in the last press release, the opening statement states just that. "CORONA, Calif., July 23, 2018 (GLOBE NEWSWIRE) -- Acology Inc. (OTCMARKETS:ACOL) announced today that orders for its signature product, the MedTainer™, continue to increase beyond the record pace set for the same quarter last year."

I included a graph showing full year sales, and how they have only increased every year. Hope that helps.