Replies to post #35741 on Alliance Creative Group Inc (ACGX)

[paulbk]

80% of the market price is a 20% discount to market, no? The "market" being the average of the three lowest bid prices over a ten day period.
Current conversion price is around .0028. GLTA.

[CENT2$]

Any way to confirm, if, when they actual do...

I think it will show up in TA update if not gagged.

Well 100mil more converted would make up the difference here...

The total outstanding common shares as of December 31, 2013 were 485,524,521 with 385,295,546 of those shares in the float.

[ValueTrader119]

Sugar that says 80% of not 80% discount.

That means if the stock is at .004 they can convert some at 80% of .004 or .0032 not 20% of or 80% discount.

You read it wrong.