CHICAGO, Aug., 23, 2011
/PRNewswire/ -- Alliance Creative Group, Inc.,
(http://www.AllianceCreativeGroup.com) (Stock Symbol: ACGX.pk) is
pleased to announce the results of Operations for the Three Months
Ended June 30, 2011.
Revenues for the three months ended June
30, 2011 ("Second Quarter 2011") were $2,537,895. Gross Profits were $596,553 and Net Profits were $213,530. The total assets of the Alliance
Creative Group as of 6/30/11 were
$4,349,710. The total
outstanding shares as of August 16,
2011 are 5,921,038 with 5,790,633 of those shares in the
float. The estimated annual earnings per share (EPS) is about
.13. The last closing price was $.021
per share on August 22, 2011 making
the total market value of the common shares $124,342. The full financial statement,
balance sheet and cash flow statements are on the Company website
at http://alliancecreativegroup.com/investor-relations under the
section for financials.
Revenues for the Second Quarter 2011 where up 33% compared to
the First Quarter 2011. Gross Profits were up 29%, Net
Profits increased by 68%, Assets increased 9% and Equity increased
90%.
CEO of the Alliance Creative Group, Paul
Sorkin, said "Our team did an incredible job this quarter
and we beat all of our internal number goals. We increased
our revenues, gross profits and net income while increasing our
assets and equity and paid down some debt. Our core business
of printing, packaging and marketing continues to grow and solidify
our solid base to build off of. This is our 7th quarter in a
row with good net income. Our next goals are to continue
growing our base while we aggressively look for strategic
acquisition targets in the printing, packaging and marketing
industry to increase our revenues and profits even more while we
diversify our customer base and increase shareholder value."
About Alliance Creative Group, Inc.
ALLIANCE CREATIVE GROUP, Inc. (Stock Symbol: ACGX) is a
printing, packaging and marketing company. The Alliance
Creative Group is a brand awareness conglomerate that utilizes
shared resources to create synergies between their projects and
companies to create quality results and long-term partnerships.
The core business areas include creative and design services,
printing and packaging, product development, event marketing,
business consulting and strategic marketing.
www.AllianceCreativeGroup.com
This news release contains forward-looking statements as defined
by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements concerning plan,
objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements that are other than
statements of historical facts. These statements are subject to
uncertainties and risks including, but not limited to, product and
service demand and acceptance, changes in technology, economic
conditions, the impact of competition and pricing, government
regulation, and other risks described in statements filed from time
to time with the Securities and Exchange Commission. All such
forward-looking statements whether written or oral, and whether
made by or on behalf of the Company, are expressly qualified by the
cautionary statements that may accompany the forward-looking
statements. In addition, the Company disclaims any obligation to
update any forward-looking statements to reflect events or
circumstances after the date hereof.
Investor Relations and Media Contact
1-847-885-1800 ext 6
info@AllianceCreativeGroup.com
SOURCE Alliance Creative Group, Inc.