Replies to post #35711 on Alliance Creative Group Inc (ACGX)

[~ Blue ~]

My question was why did they give the President conversion rights to double his shares at a stroke of the pen w/o any compensation to the company..?? Did it get asked..?? Was it aked where are the last updated shares and why with all the money in the Mirror bank can't they just pay off thier debt so conversions stop..?? Answer is because they convert to fund thier own pockets and as today when ever there is a release the converters come out to play..

correct.. anyone asked why did they give the President conversion rights to double his shares at a stroke of the pen w/o any compensation to the company..??

[ValueTrader119]

Blue
You, Sugar and 10bagger really need to listen to the conference call - they didn't avoid anything we asked.

They went into detail about the change in the preferred voting and conversion rate and they discussed the old debt, etc. They talked about the 2010 reverse, their past issues and all the good and bad deals they did in the past. They didn't hide anything.

Have you guys ever seen an OTC company that hasn't issued shares ever?
There are 10,000 companies on the OTC market and the 100% reason ALL of them went public was to use shares for some sort of value. That includes selling shares or giving shares for value but they ALL issue shares.

And almost ALL pinks issue more shares more often so I'm not sure why you guys are so negative on a company that is clearly doing a better job then 99% of all the Other pinks.

What are your realistic expectations with an OTC company?
Do you really believe they will never issue any shares for anything?

You do realize we are talking about the penny and sub-penny stock market right?
Some of your comments are unreasonable for even a Billion dollar NASDAQ or NYSE company.
Even EVERY company on the NASDAQ and NYSE issue shares ALL the time for all types of things (Employee compensation, acquisitions, repayment of debt, etc.).

I don't see why you guys are making this out to be some evil plan when they are actually doing less than they legally could, being 100% transparent beyond any other Pink I have ever seen and all they are doing is running a public company like a public company.

Why do you trade OTC companies if you don't get any or all of this?

There has to be a lot more about you guys and your reasons that you are not sharing because I have been very unbiased with all the companies I invest in and I don't get the excessive emotions when analyzing this specific situation.