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Advanced Container Technol ACTX
Posted On: 09/18/2015 1:48:58 PM
Post# of 527
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Posted By: rjbluesky
There are hardly any shares to buy for ACOL. Probably just a few million. Here's why.

Take a look at the latest just issued 10Q. As of June 30 there were 4.546 bil issued/outstanding shares! These are controlled by about 5 people!! They are sitting on a gold mine and they know it. The trading float I think is small. From the just issued 10Q.

On March 4, 2014, the closing under the Merger Agreement took place and on March 28, 2014, D&C and Merger Sub filed the merger certificate with the Secretary of State of the State of California. As a result of the Merger, Acology is no longer a shell company. In connection with the Merger, Acology issued 3,846,000,000 shares of Common Stock to Curtis Fairbrother and Douglas Heldoorn, the holders of all of the membership units in D&C, who thereby became Acology’s controlling shareholders. Upon the closing of the Merger, Richard Astrom resigned as Acology’s sole director and president and Messrs. Fairbrother and Heldoorn became its officers and directors.

Also in connection with the Merger:

• On March 4, 2014, Acology completed a private placement with 3 investors (the “Private Placement”) of 700,000,000 shares of Common Stock for proceeds of $40,000 in cash.

http://www.otcmarkets.com/edgar/GetFilingHtml...D=10874084













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