Replies to post #35723 on Alliance Creative Group Inc (ACGX)

[ully264]

i cant wait 10 years to make some money.. i want it now

[sharky]

Exactly, very professional, and covered everything within a 1 hour conference call. :)




$ACGX

[Bountiful_Harvest]

He very well knows the truth. When a stock that has been shorted goes up like this, it makes shorts very nervous. "Short squeeze" will help propel this stock further faster!

This will be trading pennies soon!

[LordTurkeyBaster]

I tend to agree. The stock is down 11% and people freak out? I eat 11% for breakfast.

Take profits on the way up... always.

[10 bagger]

Stop,,Think,, Learn and Listen...

If you believe it's at your portfolio's harm,, not mine.. I heard the same crap when there were but 8.5 Million shares out just 2 years ago and they were projecting $0.12 EPS and the stock sold at $0.0175.. If they have the money in the bank to pay off the debt.. ?? why don't they..

Because without the debt how else can they continue to dilute to line thier pockets.. Controlled Dillution is what you saw today and with the volume it's back down,, not to give you a better buy point but themselves.. At today's close they can convert at $0.0018.. I don't think they will ever give up those odds with willing suckers on the hook believing this stock sells dirt cheap and are willing to pump it to the moon...

If this company was a POS as a company they could not get away with it but as long as people think a stock that goes from 8.5 Mil to over 500 Mil in shares is still cheap,, they will also believe the same at 2 or 3 billion..

These guy's have no reason not to tell the truth,, because it makes them look liget,, regardless how many shares are out.. They still control regardless of how many you buy as long as they own ONEshare of the preferred because it is the only stock with voting rights.. If they reverse and do it all over again they can just as they recently have done just with the stroke of a pen double or even give themselves millions of shares to start all over again and back to 8.5 million shares outstanding without any compensation to any shareholder.. ..

Wash and rinse,, To today's nebees You have been screwed by the best .. Others will just say I'm bashing W/O ever reading my last 25 posts.. GLTA .. hank

[llessurK]

You nailed it right here, my friend:

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?

Couldn't have said it better. Good luck getting a Nasdaq, NYSE or AMEX company to update their Share Structure every 1 to 2 weeks as some here have claimed was promised by ACGX.

Share additions alone don't give you a clear picture. It's the rate of dilution in comparison to the total dollar volume within the same time frame that will tell you if it is severe to the point where it would prevent retails ability to buy and sell for profit. That has not been the case on this one, imo.

[~ Blue ~]

From April 1, 2013 t
o June 30, 2013, the company
issued an additional
44,311,398 shares to previous investors that entered into convertible note
agreements or promissory notes over 1 year ago and reduced the debt owed to the
parties by $113,446. The company also converted 1,000,000 preferred shares
into 100,000,000 restrict
ed common shares for their CEO, Steven St. Louis.
From July 1, 2013 to September
30, 2013, the company
issued an additional
123,832,721 shares to previous investors that entered into convertible note
agreements or promissory notes over 1 year ago and redu
ced the debt owed to the
parties by $142,328.
From October 1, 2013 to December 31, 2013, the company issued an additional
195,380,402 shares to previous investors that entered into convertible note
agreements or promissory notes over 1 year ago and reduc
ed the debt owed to the
parties by $146,943.


http://www.otcmarkets.com/financialReportViewer?symbol=ACGX&id=117242

[~ Blue ~]

If every debt holder converted their entire notes over time the company may have to increase their authorized number of shares and may have to issue over 750,000,000 additional shares to reduce this debt to zero

http://www.otcmarkets.com/financialReportViewer?symbol=ACGX&id=117242

it means they have to increase Authorized shares if every debt holder converted their entire notes

[~ Blue ~]

Golden State is entitled to convert up to 9.99% of the common stock at a rate equal to 80% of the average 3 lowest volume weighted prices in the previous 10 days. Depending on the stock price this debenture could add well over 100,000,000 shares to the outstanding or more. These conversions are based on a discount to market so if the stock price goes up the number of shares issued will go down and if the stock price goes down the number of shares will increase.

Golden State has cooperated with the company to avoid any massive dilution or cause a significant price drop in the past but there are no guarantees or specific plans for the timing of these conversions. It is in their best interest of both partied to help the company maintain a solid stock price but it is a subjective decision based on updated facts and circumstances as the market conditions and company’s fundamentals change.

http://www.otcmarkets.com/financialReportViewer?symbol=ACGX&id=117242