First 6 Months of 2017 Net Income up Over $500,000
Compared to Last Year
CHICAGO, IL / ACCESSWIRE / August 9, 2017 /
Alliance Creative Group, Inc. (AllianceCreativeGroup.com) (OTC
PINK: ACGX) is pleased to announce the results of Operations for
the Three Months Ended June 30, 2017.
Revenues for the quarter ending June 30, 2017 ("Q2 2017") were
$4,733,909 compared to $2,853,307 for the quarter ending June 30,
2016 ("Q2 2016") or an increase of $1,880,602 or 66% increase.
Gross Profits for the quarter ending June 30, 2017 ("Q2 2017")
were $930,655 compared to $651,161 for the quarter ending June 30,
2016 ("Q2 2016") or an increase of $279,494 or 43% increase.
Net Incomes for the quarter ending June 30, 2017 ("Q2 2017")
were $232,438 compared to $15,785 for the quarter ending June 30,
2016 ("Q2 2016") or an increase of $216,653 or an increase of
1,373%.
The total assets on the Balance Sheet for the Alliance Creative
Group as of 6/30/17 were $6,612,978, up $910,352 from 06/30/16.
The total outstanding common shares of stock symbol ACGX as of
June 30, 2017, and still as of August 8, 2017, were 1,539,196,388
with 1,408,875,413 of those shares in the float.
The Company ended the quarter with $240,511 in the bank.
Long Term Liabilities (including accrued interest) were reduced
by $424,231 in the 2nd Quarter ending June 30, 2017.
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, "We
have turned the corner and are now able to start reaping some of
the benefits from our past investments with continued growth in
revenues and profits. We feel confident we will be able to execute
more of our business plans for the rest of 2017 and into 2018."
Paul Sorkin, COO, and General Counsel, said, "In a shared
resources type of company you always have a lot of moving parts
with multiple challenges. Our team has handled a variety of
difficult tasks during the last few quarters and we have improved
many of our internal and external processes and have continued to
solidify our base and expand in multiple directions simultaneously.
We are very proud of our substantial increase in revenues and
profits during the first 6 months of the year and our significant
reduction of debt. We will share more details with the public
regarding some specific projects and the settled lawsuit during the
next few weeks and months. The last 6 months have possibly been the
best 6 months in the history of the company and we believe we can
continue our positive progress in the upcoming quarters and
years."
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. PeopleVine can help
power clients' websites, text campaigns, e-commerce, 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, visit 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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