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iamiman1

03/18/14 10:05 AM

#35689 RE: ~ Blue ~ #35686

If you look at the over all trend for the past 2 months, you will see a clear uptrend with higher lows and higher highs. The only way this is possible is if the debt holders are responsible and do not dilute the stock to the ground. In this case, they are being very responsible and are letting the PPS move up slowly. To me, all this means is cheaper shares and a chance to load up for the time being. The debt holders will want to PPS to go higher as well so that they will not have to sell ad many shares.
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ValueTrader119

03/18/14 10:12 AM

#35693 RE: ~ Blue ~ #35686

Blue

I'm surprised you have become so negative when the stock is up 200% this year and they just had an hour long conference call talking about the plan for the dilution. Did you listen to the call?

You of all people know and understand that they could issue a billion shares a month legally if they really just wanted to pay off all their debts and hurt the stock and didn't care at all.

If they really didn't care they would be issuing 100 times more than they are since the stock is hot - all other pinks would have taken advantage of the run up by issuing a hell of a lot more shares.

I think that alone proves they do care and they are taking a more balance approached - which is very rare with a Pinksheet.

I give them a lot of credit for holding back from taking the easy money like everyone else does.

They could have probably lined their pockets with millions this year alone if they really wanted to but have held back and taken a more long-term approach to help maintain the stock price.

This is just profit taking after a big run up.

Let the traders flip their shares for a profit and re-load.
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Let's See The Profits

03/18/14 10:43 AM

#35712 RE: ~ Blue ~ #35686

Blue is right sorkin brought a grape ape load of debt with him. That debt has a incredible 80 percent discount to market conversion feature. Acgx could help the share structure and their shareholders by using some of the profits to pay off sorkins DEBT but are not. This is a great flip I'm in and currently out of it constantly. flip but mid to long term that debt is going to weight this down.

Sorkin is a anchor and not in a good way.