Alliance
Creative Group (ACGX) Releases Q3 2024 Financial and Disclosure
Report with an increase of over 100% in Net Income for 1st 9 months
of 2024 vs 2023
No
New Free Trading Shares have been issued for over 8 months
Chicago,
IL -- November 14, 2024 -- InvestorsHub NewsWire
-- Alliance
Creative Group, Inc., (http://www.ACGX.us)
(Stock Symbol
OTC: ACGX) is pleased to announce the results of Operations for
the Quarter Ending September 30, 2024.
Revenues for the Quarter
ending September 30, 2024 ("Q3 2024") were $102,990 Gross Profits
for the Quarter ending September 30, 2024 ("Q3 2024") were $102,990
Net Income for the Quarter ending September 30, 2024 ("Q3 2024")
were ($44,912)
The total assets on the
Balance Sheet for the Alliance Creative Group as of 9/30/24 were
$4,543,643
The total outstanding common
shares as of September 30, 2024 were 4,454,211 with 2,799,023 of
those shares in the float - Same as the end of the last quarter,
and since March.
The Company ended the
quarter with $88,220 Cash on hand.
The property located at 1324
W. Devon Ave, Chicago, IL. 60660 has lowered its asking pricing and
hopes to sell before the end of the year.
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.
Paul
Sorkin, CEO of the
Alliance Creative Group, Inc. said, "We continue to look for future
opportunities, however, nothing has been a good fit yet. Our goal
is to reduce the price significantly with the 1324 W. Devon Ave
property so we can sell it before the end of the year and increase
our search for the next opportunity. Our shares of
www.PeopleVine.com continue to be by far our strongest
investment and the conversations with the growth capital investment
groups have been avery positive experience with lots of interest.
Our goal is to convert between 20% and 30% of the PeopleVine
investment into cash in 2025 so we can use a lot of it to invest in
future projects while we let the majority of the shares hopefully
continue to increase in value.
We haven't issued any new
free trading shares in over 8 months now and we are still in search
of other strategic investments, acquisitions, or partnerships in
Real Estate or in a small business with good potential to grow. We
will continue to update the public as things progress and will
share more details as they become available."
About Alliance Creative Group, Inc.
Alliance Creative Group,
Inc. (Stock Symbol: ACGX) is a Parent Holding Company
on the OTC market. The strategy ACG intends to deploy is a shared
resource model where internal divisions, portfolio companies, Real
Estate projects, and strategic investments are vertically
integrated, optimizing efficiencies and cost savings. Resources may
be applied to a mix of early-stage equity investments in companies
that synergize with the company's shared resource model and secured
investment opportunities. ACG's strategic mission is to utilize a
unique blend of capital, relationships, experience, and secured
investment structures to increase value for its clients, partners,
investors, and shareholders while reducing the overall risk. The
company's big picture long term plan is to create an ecosystem of
shared resources that can provide quality resources with reduced
expenses while acting as a partner for internal projects. The
intent is to have multiple businesses and investment projects or
divisions to help diversify the risk and generate potential revenue
in multiple ways while leveraging both the private and public
markets. For more
information, visit
www.AllianceCreativeGroup.com or
www.ACGX.us.
About PeopleVine
PeopleVine is a Software as
a Service (SAAS) company that specializes in serving the Lifestyle
Hospitality industry. The Member Experience & CRM Software
allows luxury hotels, resorts, and private member clubs to elevate
a more personalized online membership experience. PeopleVine helps
their clients build member communities, drive engagement, and
connect the dots that elevate experiences and revenues. The
software empowers its clients teams to deliver efficiently managed
operations through an integrated platform. PeopleVine is 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
1-312-498-9769
info@ACGemail.com