Replies to post #24208 on Alliance Creative Group Inc (ACGX)

[RDG013]

No matter what happens in the short term, if they allow the debt to fully convert into shares, they have bettered the company's bottom line. Heck, let's say it takes 15B to do it, the preferred holder would not be affected by the huge R/S and after that, the debt should be gone. Someone mentioned earlier today about them possibly selling the company. Well, if they are able to convert all the debt prior to a sale, they will profit from that much more from the sale.

Not saying this is their full intent, but to date, it does appear to be their plan to just allow the debt to convert, rather than use company funds. Perfectly legal for them to do so.

[10 bagger]

That never works because those that warn are never listened to and all they get for thier efforts are threating PM"S... The only thing that seems to work is let all realise no matter what is posted on these boards some times info that is slanted and sometimes untrue overrides because all want to believe.. If it goes to a price of $0.0001 all they do is convert at $0.00008 and then $0.0003 becomes a triple,, because there will come along another group soon rather than later believing again.. Combine that with a nice PR and it's off again to Da Moon.. hank

If they want to F the shareholders them long term it is they who will be F'd as every basher will be quick to remind any new blood of all the evil games and shorters will control the stock.
The CEO can beg to sell shares at that point and no one will give a rat's wrinkle