Replies to post #52757 on Alliance Creative Group Inc (ACGX)

[ka ching]

Have a feeling it will be going up sooner than later. Should be alot better quarter and better revenue. And hopefully some news on a merger acquisition or strategic partner. Before earnings. This is the time of year when revenue starts going up with xmas coming up. Good for printing and packaging

[capt AL]

I believe the conversion rate of the Pref is 70% of the last 10 consecutive days before they convert. It is in their best interest to buy $1.00 or less to keep the closing price at .0010 so they can covert at .0007. That is after their 5% div stock is added in. This gives a return to the Pref of 35-40% upon selling at .0010. Nice 1 year return for them & they may do it again!!