Replies to post #48131 on Alliance Creative Group Inc (ACGX)

[makemoney18]

No buyout any time soon. The company wants to grow bigger themselves. Good calculations though. ACGX

[10 bagger]

Shares outstnding after conversion of the preferred shares would be over 1.5 billion.. Also assets w/o lia of 6 mil. equal zilch.. One must look at stkhlders equity to find true value.. This is basic business 101...

But stkholders equity contains inventory and any one buying the company pays hardly anything for Inventory not moved in 6 months.. Also a buyout seems very remote w/o audited numbers of the books.

Since they now have a new preferred that has a 30% discount to the market when used it appears it's more of the same and $0.000's could be here before year ends on just tax selling alone.. Sorry but those are the facts.. hank

[Pennystomper]

Your dreaming this company will never see a buy out, management won't let it's piggy bank slip away that easily