Replies to post #14273 on Advanced Container Technologies Inc (ACTX)

[midas716]

Agreed. Took 1.5 hours to get half at bid, half below bid. PPS falling below 20ma on weekly chart which is what I pay attention to in the pinks unless the stock is running. Couldn't take seeing this slowly drip down and with it slowly dropping below 20ma it was time to go. Already up on stock purchased with funds.

IMO this won't move significantly without R/S. I'll take another look if it starts to move up but not before. Good luck.

[Beek]

Now on that we can agree completely. The share structure sucks bad and has been the subject of alot of discussions here. That was my biggest hurdle to get over also with ACOL. Restricted shares of 3.8B leave only around 1.3B to trade currently though. I was worried they would dilute to match A/S also, but the O/S has held stable, even thru the 'good times' so they appear to be making an effort of containing ops within means and won't issue more than necessary.

If they do a share buyback/retiring it would be much better than a r/s to correct the SS.

So far they're making the right moves to establish a real company, they just overcompensated the initial SS (imo)... but it also means they didn't play the game of dilute, increase A/S, dilute, increase A/S, dilute, rinse, repeat until it works or falls apart.