Alliance Creative Group (ACGX) Reports Total Revenue of $2,613,997 for First Quarter of 2021 with Net Income of $256,799.
May 14 2021 - 8:00AM
InvestorsHub NewsWire
Alliance Creative Group
(ACGX) Reports Total Revenue of $2,613,997 for First Quarter of
2021 with Net Income of $256,799.
2021 Quarterly Net Income increased
by $237,206 compared to Q1 2020
Chicago, IL -- May 14, 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 March 31, 2021.
Revenues for the quarter ending March 31, 2021 (“Q1 2021”) were
$2,613,997
Gross Profits for the quarter ending March 31, 2021 (“Q1 2021”)
were $550,944
Net Income for the quarter ending March 31, 2021 (“Q1 2021”)
were $256,799
The total assets on the Balance Sheet for the Alliance Creative
Group as of 3/31/21 were $3,587,857.
The total outstanding common shares as of March 31, 2021
(“Q1 2021”) were 1,639,611 with 1,149,023 of those shares in
the float.
The Company ended the quarter and year with ($7,257) Cash on
hand.
Total Stockholder Equity as of 03/31/21 was $1,532,890
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, “The first Quarter of 2021 ended with our
largest Net Income in a long time, mostly due to the PPP
forgiveness, but we were able to pay down more liabilities to get
us in a stronger position for the future. We will continue to
evaluate all our options and ideas to hopefully maintain and
improve the positive progress for 2021 and beyond.”
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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