Replies to post #67001 on Alliance Creative Group Inc (ACGX)

[mrd4444mrd]

4.4 million preferred shares convertible into common shares at 700-1 = about 3 billion shares. So add that to the current o/s of common stock, about 1 billion I think.

Valuation of the company = mkt cap = O/S (Outstanding shares) * PPS (Price Per Share)

So 4 billion times whatever the current pps is