InvestorsHub Logo
icon url

ka ching

11/08/17 7:50 AM

#74236 RE: ka ching #74234

Im sure acgx will have stock options for themselves in people vine where their shares will increase also
icon url

Doctorday

11/08/17 10:05 AM

#74245 RE: ka ching #74234

Being that essentially the only reason people are invested here is the unaudited financial information, the amount of PeopleVine owned by ACGX is important.

The more they own, the more it directly affects the balance sheet. You can't tout the strength of their quarterly's while simultaneously discounting the percentage they own in PeopleVine, when that percentage should hold a direct impact on the information within those reports that you're so excited about.

The only reason that PeopleVine isn't all that much of a concern currently, is that last I checked about 2 months ago, less than 80 websites had their platform involved for public view but I'm guessing its edged up closer to 90 by now (I hope). With that noted, most of the claimed revenue is not from PeopleVine anyway, so there may still be some solid gains shown for Q3. Borderline guaranteed since they dont have to show the SEC and also don't audit.

It also occurs to me that I believe if a company has $10,000,000 in claimed assets, they have to audit and last we knew of, there were over $6 million. I'm interested in seeing if their claims somehow always come shy of the $10,000,000 mark because they're hiding information, or if they'll finally have to audit and prove themselves because if they do audit and prove their claims, i think ACGX could be a beast next year.
icon url

jsmoov

11/08/17 11:15 AM

#74249 RE: ka ching #74234

You cant be serious...I raised this very issue weeks ago and noone could answer. The percentage of ownership has a direct effect of the revenue ACGX could benefit from. That revenue is what shareholders are counting one. However Paul took it private so he and his partner could benefit themselves...they screwed ACGX shareholder and ACGX was just their piggy bank. They made that apparent in their publwix statements.