Alliance Creative Group (ACGX) Reports Record Revenue of $3,299,009 for Q1 of 2014, a 34% Increase From Q1 of 2013 & Net Inco...
May 05 2014 - 8:30AM
Marketwired
Alliance Creative Group (ACGX) Reports Record Revenue of $3,299,009
for Q1 of 2014, a 34% Increase From Q1 of 2013 and Net Income of
$326,796 for an Increase of 237% Compared to Q1 of 2013
Company's Gross Profit was $890,474 for Q1'14 Compared to
$683,515 for Q1'13
CHICAGO, IL--(Marketwired -
May 05, 2014) - Alliance Creative Group, Inc.
(http://www.AllianceCreativeGroup.com) (PINKSHEETS: ACGX) is pleased to announce the
results of Operations for the Three Months Ended March 31,
2014.
Revenues for the quarter ended March 31, 2014 ("Q1'14") were
$3,299,009 compared with $2,457,105 for the quarter ended March 31,
2013 ("Q1'13"). That is an increase of $841,904 for the
quarter, which is a 34% increase.
Gross Profits were $890,474 for ("Q1'14") compared to $683,515
for ("Q1'13"). That is an increase of $206,959, which is a 30%
increase.
Net Incomes were $326,796 for ("Q1'14") compared to $97,043 for
("Q1'13"). That is an increase of $229,753, which is a 237%
increase.
The total assets of the Alliance Creative Group as of 3/31/14
were $6,469,829 compared to 3/31/13 when they were
$5,758,917. This is an increase of $710,912 or a 12%
increase.
The total outstanding common shares as of March 31, 2014 were
566,277,973 with 465,948,998 of those shares in the float.
The full financial statement, balance sheet, cash flow
statement, stockholder equity and information and disclosure
statements are posted on the company website at
http://ir.alliancecreativegroup.com/otc-disclosure and on the OTC
Market Company website at www.OTCmarkets.com under the stock symbol
ACGX under the section for filings and disclosure.
CEO of the Alliance Creative Group, Steven St. Louis, said, "We
are very proud of how well our team's hard work came together to
create our Q1 '14 record results setting new highs for revenue and
profit under our current management. In an effort to continue
our growth we are expanding our M&A search to include a new
potential structure for future deals. We call it our Alliance
Tank, which we compare to a smaller and friendly Shark Tank, from
the popular TV show, where companies look to get investments and/or
strategic partners to help their company get to the next level or
execute their business plans. We believe ACG has built a solid
foundation of significant resources to offer meaningful value to
growing companies and brands. Therefore, we are aggressively
looking for opportunities where we can utilize our creative design,
printing & packaging, product development and marketing
resources to grow faster together while trying to increase
shareholder value."
About Alliance Creative
Group, Inc.
ALLIANCE CREATIVE GROUP, Inc. (PINKSHEETS: ACGX) is a printing, packaging,
supply chain, product development and brand management marketing
company. The Alliance Creative Group utilizes shared resources
to create efficiencies between their projects and internal
divisions to create quality results and long-term
partnerships. The core business areas include creative and
design services, printing and packaging, product development,
fulfillment, logistics and strategic marketing.
www.AllianceCreativeGroup.com and www.Print4aCause.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 plans, 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 or the OTC Markets. 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@ACGemail.com
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