Replies to post #69703 on Alliance Creative Group Inc (ACGX)

[Copper Hunter]

False sir. They became profitable in 2017 and the convertible debt that was paid off in 2017 was debt from 5 plus years ago.

Once they missed their timeframe to pay off with cash, the debt holder has the right to be compensated in shares if they choose too.

Acgx can negotiation on how much at a given time to help the pps from tanking.

I believe it was 300 mil shares for 300k worth of debt, so expect another 100-150 million worth of shares and we are in the clear of the last 100k of debt. They may be debt free already if they issues the remaining shares when they released the Q2 filings actually.

Lil volume and pps could breakout one of these days.

[JJ27]

Not possible , if you look at all of the filings going back all the way and do the math. They only have about another 100M to go at this point and "they" are not doing anything.
The extra shares were known over a month or so ago when it fell from high .0028's down to .0020's. It was not a surprise to me.

Point is, they only have so many shares , its not endless and as such they only have about 100M left and like they said "THEY" aren't doing anything.

The note holders are who has done it along with some MM manipulation.
They have been retiring that toxic debt and now there is very little left , again go through "ALL" of the filings, go back yrs.

the float is a bit over 1.4B so lets call it 1.6B for fun SO what ? ....big deal.
Divide that 1.6B into the current 9.8M for the last 6 months in revs with profit and 30-40% growth from last yr and that shows you a 6 moth value of .0060PPS PLUS! now what about the rest of the year ??? what about when they hit 18M plus for the year ?

ACGX is dirt cheap!!!!