Alliance Creative Group (ACGX) Reports Total Revenue
of $2,456,200 for Fourth Quarter of 2020 with Gross Profit of
$628,712.
2020 Annual Revenue
was $9,344,030 and Net income was $205,267 for the year of
2020
Chicago, IL -- March 29, 2021 -- InvestorsHub
NewsWire -- Alliance Creative Group, Inc., (http://www.AllianceCreativeGroup.com) (Stock Symbol OTC: ACGX) is pleased to announce
the results of Operations for the Three Months Ending December 31,
2020.
Revenues for the
quarter ending December 31, 2020 ("Q4 2020") were
$2,456,200
Gross Profits for the
quarter ending December 31, 2020 ("Q4 2020") were
$628,712
Net Income for the
quarter ending December 31, 2020 ("Q4 2020") were
$17,906
Revenues for the year
ending December 31, 2020 ("2020") were
$9,344,030
Gross Profits for the
year ending December 31, 2020 ("2020") were
$2,391,140
Net Income for the year
ending December 31, 2020 ("2020") were
$205,267
The total assets on the
Balance Sheet for the Alliance Creative Group as of 12/31/20 were
$3,530,474.
The total outstanding
common shares as of December 31, 2020 ("Q4 2020") were
1,393,044 with 1,002,456 of those shares in the
float.
The Company ended the
quarter and year with $17,699 Cash on
hand.
Total Stockholder
Equity as of 12/31/20 was
$1,276,212
The full financial
statement, balance sheet, statement of operations, cash flow
statement, and disclosure statements are posted on the OTC Market
Company website at www.OTCmarkets.com under the stock symbol ACGX in the section for
filings and disclosure and on www.ACGX,us in the investor relations
section.
Steve St.
Louis, CEO of the Alliance Creative Group, Inc.,
said, "With all the challenges we have faced in 2020 I am very
proud of our team to be able to basically maintain most of our
revenues and increase our profits while paying down short-term
liabilities. As things stabilize overall we will evaluate all
options and ideas to continue to improve the overall business and
look for strategic partners or opportunities to make 2021 a better
year for
everyone."
About Alliance Creative Group,
Inc.
Alliance Creative
Group, Inc. (Stock Symbol: ACGX) is a Packaging
Solutions Company focused on Retail Packaging and Packaging
Management. ACG helps its clients from initial concept and
packaging development through final production and managed
inventory solutions. The core business has been around since
1997. ACG currently focuses mostly on providing solutions for
flexible and clear packaging, folding cartons, vendor managed
inventory supply chain services and fulfillment. Additional
services include but are not limited to corrugated boxes,
commercial printing, labels, and other products and services
related to the printing or packaging of consumer
products. ACG's team includes experts to
provide high-quality packaging and printed products. The ACG
experience includes very hands-on operational support out of 6
different warehouse locations and several national and
international manufacturing partners. ACG provides customer
support during the entire product process or cycle including but
not limited to creating, warehousing, delivering, and replenishing
their packaging products For more information,
visit www.AllianceCreativeGroup.com or www.ACGX.us.
About
PeopleVine
PeopleVine is a
consolidated platform that allows businesses to build more personal
relationships with their customers at scale. PeopleVine
solves the problem businesses have creating and managing holistic
relationships with their customers without using multiple products
that only support a portion of the relationship building
activities. PeopleVine seamlessly brings together the tools
needed to market, sell, and operate a business with streamline
efficiencies in a customer engagement suite and enables businesses
to make data informed decisions to help generate revenue
growth.
We are committed to
being the most essential and adaptive SaaS engagement platform for
companies that take a customer centric approach to
business.
For more
information www.PeopleVine.com
This news release
contains forward-looking statements as defined by the
bespeaks-caution doctrine. 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
1-847-885-1800
Info@ACGemail.com
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