ALLIANCE CREATIVE GROUP (ACGX) RELEASES FINANCIALS FOR THE 2ND QUARTER OF 2016 AND UPLOADS UPDATED DISCLOSURE STATEMENT
Profit Increases Compared to Q2 2015 while debt is reduced
CHICAGO, IL - Alliance Creative Group, Inc. (AllianceCreativeGroup.com) (OTC: ACGX) is pleased to announce the results of Operations for the Three Months Ended June 30, 2016.
Revenues for the quarter ending June 30, 2016 (“Q2 2016”) were $2,853,307 compared with $2,856,325 for the quarter ending June 30, 2015 (“Q2 2015”). Gross Profits for the quarter were $651,161 for (“Q2 2016”) compared to $655,519 for (“Q2 2015”). Net Incomes were $15,785 for (“Q2 2016”) compared to $(56,498) for (“Q2 2015”) for an increase of $72,256.
The total assets of the Alliance Creative Group as of 6/30/16 were $5,702,626
The total outstanding common shares as of June 30, 2016 were 953,211,054 with 852,890,079 of those shares in the float.
Company ended the quarter with $103,222 in the bank.
The full financial statement, balance sheet, cash flow statement, stockholder equity and information and disclosure statements are posted on the company website at AllianceCreativeGroup.com under investor relations and on the OTC Market Company website at 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 “Our team continues to work hard on executing our business plans and we have made some great overall progress. We launched a new trucking company this quarter, hired financial advisors to help us elevate the options for raising more capital for PeopleVine without diluting the common shares and we were able to retire over a $100,000 in convertible debt. We continue to improve our current and future situation for our investors, shareholders, and employees, and I believe we will close out the year strong and take that momentum into 2017 and beyond.”
About Alliance Creative Group, Inc.
Alliance Creative Group, Inc. (Stock Symbol: ACGX) is a full-service agency that focuses on Branding, Marketing, and Packaging. ACGX Specializes in three distinct areas: Product Development, Digital Marketing & Engagement, and Software Development. Alliance has been helping its clients connect their products and services to their customers since 1997.
The Alliance Creative Group ecosystem utilizes shared resources to create efficiencies between their projects and internal divisions to create quality results and long-term partnerships. The core business areas include creative & design services, printing & packaging, brand & product development, fulfillment, logistics, strategic consulting, digital marketing & engagement, and software development. For more information, visit www.AllianceCreativeGroup.com or www.ACGX.us
About Primary Trucking
Primary Trucking is your “Primary” source for transportation needs with an in-house expedited fleet, specializing in FTL (full truck loads) out of the MidWest. The Company understands the value of good communication, leveraging technology and cost-effective transportation solutions. www.PrimaryTrucking.com
PeopleVine has built a single platform for marketing teams to engage with their consumers. PeopleVine is a fully integrated content management system (CMS), marketing automation and sales tools on top of a core CRM to capture and nurture human interaction. PeopleVine is the only platform to capture 35 touchpoints in real-time allowing you to enable action based marketing through our suite of "customer journey" marketing tools. Behind it all is a CRM capturing every interaction back to a single profile. Further enabling you to see consumer behavior over time, while leveraging the data for automated interactions. www.PeopleVine.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.
ACGX Investor Relations and Media Contact 1-847-885-1800 ext. 175