ACGX $0.02.. Even the "painters" have given up.. To buy the 10,000 as you indicated because it's only $23.00 is not worth the effort to anyone anymore.. .. Because that's just another $23.00 just going down the drain.. Converters are sure busy lately but as we were told 100 Mil per qtr. will convert and that's 8.8 million a week..
With this low volume it appears the converters are hogging all the bids and making the offers at a lower prices as ACGX is on it's way to lower prices almost weekly.. .. Remember they (the converters replace what they sell at a 20% or more) and when the new preferred is issued it is done at a 30% discount..
As I have pointed out before ACGX is a fine little company,, but it has an increasing amount of shares outstanding each time shares outstanding update.. Now the updates are increased at a rate 3X what the total shares outstanding were 2 years ago.. And that is each month..
Plus there are Preferred shares outstanding that convert to another 800 Million shares that every one seems to skip over.. Plus that number is subject to change as it has done by a stroke of the pen several times in the past 2 years.. hank
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