Alliance Creative Group Inc (ACGX)

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Golden State is entitled to convert up to 9.99% of the common stock at a rate equal to 80% of the average 3 lowest volume weighted prices in the previous 10 days. Depending on the stock price this debenture could add well over 100,000,000 shares to the outstanding or more. These conversions are based on a discount to market so if the stock price goes up the number of shares issued will go down and if the stock price goes down the number of shares will increase.

Golden State has cooperated with the company to avoid any massive dilution or cause a significant price drop in the past but there are no guarantees or specific plans for the timing of these conversions. It is in their best interest of both partied to help the company maintain a solid stock price but it is a subjective decision based on updated facts and circumstances as the market conditions and company’s fundamentals change.

http://www.otcmarkets.com/financialReportViewer?symbol=ACGX&id=117242