Net Income Increases by over $440,000, Compared to
Same Quarter Last Year
CHICAGO, IL / ACCESSWIRE / May 11, 2017 /
Alliance Creative Group, Inc. (AllianceCreativeGroup.com) (OTC
PINK: ACGX) is pleased to announce the results of Operations for
the Three Months Ended March 31, 2017.
Revenues for the quarter ending March 31, 2017 ("Q1 2017") were
$5,116,436 compared to $2,665,798 for the quarter ending March 31,
2016 ("Q1 201") or an increase of $2,450,638 or 92% increase.
Gross Profits for the quarter ending March 31, 2017 ("Q1 2017")
were $1,880,224 compared to $634,671 for the quarter ending March
31, 2016 ("Q1 2016") or an increase of $1,245,553 or 196%
increase.
Net Incomes for the quarter ending March 31, 2017 ("Q1 2017")
were $392,656 compared to a loss of (-$51,178) for the quarter
ending March 31, 2016 ("Q1 2016") or an increase of $443,834.
The total assets on the Balance Sheet for the Alliance Creative
Group as of 3/31/17 were $7,019,459.
The total outstanding common shares as of March 31, 2017 were
1,238,961,054 with 1,108,640,079 of those shares in the float.
Company ended the quarter with $168,832 in the bank.
The full financial statement, balance sheet, cash flow
statement, stockholder equity and information and disclosure
statements are posted on the company's website at
AllianceCreativeGroup.com or www.ACGX.us under investor relations
and on www.OTCmarkets.com under the stock symbol ACGX under the
section for filings and disclosure section.
CEO of the Alliance Creative Group, Steven St. Louis, said, "Our
core business has been around almost 20 years, or about 80
quarters, and this quarter represents our all-time high in revenue
and profits. We are very proud of our team but we are also very
excited about the opportunities ahead of us."
Paul Sorkin, COO and General Counsel, said, "This Quarter
represents a significant milestone in the execution of our business
plans but also represents a new floor to leverage and build from.
The speed of growth should accelerate after a foundational
infrastructure is set so we believe this year and 2018 will be
crucial years for us to maximize our opportunities to grow the
overall company, reduce our debt, and create additional future
opportunities for our investors and employees while increasing
shareholder value."
About Alliance
Creative Group, Inc.
Alliance Creative Group, Inc. (Stock Symbol: ACGX) is a
full-service product-development agency that since 1997 has been
helping clients connect their products and services to their
customers. ACG focuses on creative and design services, printing
and packaging, brand and product development, fulfillment,
logistics and transportation, strategic consulting, digital
marketing and engagement, and software development. For more
information, visit www.AllianceCreativeGroup.com or
www.ACGX.us.
About
PeopleVine
PeopleVine is a software platform combining CRM, marketing, CMS,
and sales into a single, seamless customer engagement suite.
PeopleVine was started in 2014 with the vision of providing a
consolidated platform for businesses to better connect and engage
their customers.
PeopleVine is a turn-key platform providing 60+ out-of-the-box
pages and experiences to further engage with consumers. PeopleVine
users can either leverage the out-of-the-box experience or
customize it by making a few design tweaks to building their own
experience on the same APIs we used. Flexibility is key to ensuring
a consistent and unique branded experience, but also saves
developers time by not having to start from scratch.
Together with our fully integrated marketing and automation
engine PeopleVine is able to ensure continuous engagement all
tracked and managed from a single platform. To date over 200
companies across 15 industries have used PeopleVine to power their
websites, text campaigns, ecommerce, memberships, and more. Whether
launching a loyalty program or your entire website, our tools make
it easy to get going—and growing—quicker. For more information
www.PeopleVine.com
About Primary
Trucking
Primary Trucking is an asset based carrier located in Chicago,
IL. We specialize in truckload freight outbound from Chicago. We
have over 30 years of experience in the transportation industry and
we have the tools to be your primary source for transportation. We
customize transportation solutions based on our customer's needs.
If you need to move your freight locally or coast to coast, we have
you covered. No job is too big or too small. We can handle
anything, from moving a few pallets to moving an entire warehouse.
Primary Trucking is your "Primary" source for transportation
needs.
For more information go to www.PrimaryTrucking.com
About Rapid
Freight Solutions
Rapid Freight Solutions (Rapid) provides domestic shipping
services nationwide, quickly and safely moving products across the
country. Rapid specializes in LTL, air freight, hot shot,
trade-show, flatbed, intermodal, over-dimensional, step-deck, and
refrigerated trucking. Thanks to our team's 30 years of experience,
we have relationships with more than 140 carriers nationwide,
helping ensure our customers quality service with competitive
pricing. For more information, go to
www.RapidFreightSolutions.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. 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
Paul Sorkin
1-847-885-1800, ext. 175
Paul@ACGemail.com
SOURCE: Alliance Creative Group, Inc.
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