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Tuesday, October 30, 2018 11:59:11 AM
Dear ACGX Shareholders
We have recently received a number of questions regarding the potential likelihood of a possible
reverse split of our stock and the correlation or connection with the audits and possible uplisting
options.
To clarify things - We are NOT reversing our stock at this time. The confusion began and
rumors started to spread due to the fact that the stock has been trading below a penny and for a
company to uplist to the OTCQB it must trade above a penny for 30 days. Therefore, if a
company wants to uplist to the OTCQB and become a fully reporting audited company they
either need to trade above a penny or consider reversing the stock to get above a penny.
Our current and original plans and desires were and are ideally to get to the OTCQB without a
reverse. We believe the potential negative effects of a near-term reverse has given the shorters
too much power and control to drive down our stock. Therefore, we are clarifying our position
that we are not reversing the stock at this time"
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