CHICAGO, IL--(Marketwired - Sep 18, 2017) - Alliance Creative
Group, Inc. (AllianceCreativeGroup.com) (OTC PINK: ACGX) is
pleased to announce the lawsuit between Golden State Equity
Investors, Inc. and Alliance Creative Group, Inc. related to a
dispute over financing instruments has been settled and the case
will be dismissed.
The parties both had claims against each other in the U.S.
District Court of Southern California. In exchange for some
preferred equity shares in ACGX, an existing investor has agreed to
purchase the potential rights Golden State may have had in the
financing instruments. This exchange agreement will allow the
company to retire the debt in full and dismiss the
lawsuit. Some additional paperwork, filings, and legal
transactions are required to completely finalize this settlement
and exchange, However, all parties are in agreement of the final
terms and money is being held in escrow.
Paul Sorkin, COO and General Counsel, said, "This situation has
been an ongoing issue for the company for years and we believe the
uncertainty has put a tremendous amount of pressure on our
Company. This settlement and exchange agreement is a great
opportunity for us to reduce our debt, resolve any uncertainty
about any potential claims, and allow us to focus more on growing
our business and hopefully improving our overall Company's
financials."
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, 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 issues, changes in technology,
economic conditions, the impact of competition and pricing,
government regulation, unforeseen changes in agreements, potential
future disputes, 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.