Replies to post #66062 on Alliance Creative Group Inc (ACGX)

[Copper Hunter]

IMO I think we are right there from it being over.

And here's why:
Balance Sheet as of 3/31/17 shows
Convertible Notes 234,763

And IMO from the news on May 24th(I posted it below), we just lowered the convertible notes by 100k.

If ACGX can come up Net Profit around 500k again for this quarter(June 30th), and negotiate the last 134k of convertible notes off with cash then WE ARE IN THE CLEAR!

We may see some some selling from the debt holders that hold shares today, but everyone here knows the value of this company and the current OS & PPS. It will get accumulated up fast.

All I know is when the convertible debt is clears, the PPS is going to go BOOM! And I'm not going to miss it. Read the news release below, this company is really trying to remove their debt and improve value for their shareholders.

I think we are in a really good situation here.
1. Company took on a lot of debt, acquired successful businesses.
2. Grew revenue and became cash flow positive.
3. Work on removal of debt and improve the value of the company.

We're in stage 3




May 24, 2017
OTC Disclosure & News Service


Alliance Creative Group (ACGX) Reduces Another $100,000 of Debt Since End of Q1'17

Company continues negotiations to reduce more debt

CHICAGO, IL--(Marketwired - May 24, 2017) - Alliance Creative Group, Inc. (AllianceCreativeGroup.com) (OTC PINK: ACGX) is pleased to announce that it has reduced another $100,000 of debt since the end of the 1st quarter (March 31, 2017) and continues to negotiate with debt holders to reduce more by the end of the 2nd Quarter (June 30, 2017).

Paul Sorkin, COO and General Counsel, said, "Now that we have achieved certain internal goals we have to continue and increase our aggressive pursuit of executing our business plans, reducing debt, and increasing overall shareholder value for everyone. We understand the OTC Markets are very volatile and unpredictable and come with a lot of potential risks and rewards so we will continue to focus on building a solid company while reducing our debt to position the Company for continued growth and let the market determine our value. We are also still in discussions with multiple parties about potential mergers and/or acquisitions and hope to find another good fit to help accelerate our growth. We will continue to share news via social media and by press releases as things progress."

[Bobwill59]

Every company down here has to do this dilution. They have to go into debt in the beginning. No different than taking out a loan. At least this company has told us up front what it is doing.That in its self is rare.

Bob

[Solaraone]

Um, 25s are history. They're walking hand-in-hand with the dinosaurs. Sooooorry.