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Friday, August 02, 2013 8:31:11 AM
I wonder why the company does not focus on paying off this debt with profits or try to get bank loans in place to get rid of the convertible debt.
This company needs to prove it is shareholder friendly. I really like their sales and profits as they are not very common on the pinks. But, they have not been able to sustain any upward movement long term on the SP. Also, back in the past they did keep the OS very steady for many months only to see this massive wave of dilution as of late. Really does not make sense. Longs have not seen any meaning gains with ACGX. Hopefully, this trend will change.
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