Alliance Creative
Group (ACGX) Reports Revenue of $18,322,208 for 2017, a 62.5%
increase from 2016, and Net Income of $584,410 for an increase of
$930,142 compared to 2016
Annual Earnings Call
Recording posted on www.ACGX.us
Chicago, IL -- 5 April, 2018 -- 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 Ended
December 31, 2017 and the 2017 Annual
Financials.
Revenues for the quarter ending December 31,
2017 (“Q4 2017”) were $4,503,127 compared to $3,356,801 for the
quarter ending December 31, 2016 (“Q4 2016) or an increase of
$1,146,326 or 34.1% increase.
Gross Profits for the quarter ending December
31, 2017 (“Q4 2017”) were $853,574 compared to $1,092,352 for the
quarter ending December 31, 2016 (“Q4 2016) or a decrease of
$238,778 or 21.9% decrease.
Net Incomes for the quarter ending December
31, 2017 (“Q4 2017”) were $136,594 compared to a loss of ($200,301)
for the quarter ending December 31, 2016 (“Q4 2016) or an increase
of $336,895.
The total assets on the Balance Sheet for the
Alliance Creative Group as of 12/31/17 were $6,431,666 up from
$5,921,738 as of 12/31/16. An increase of $509,928 or
8.6%
The total outstanding common shares as of
December 31, 2017 were 1,787,489,062 with 1,657,168,087 of those
shares in the float.
The Company ended the quarter with $188,425 in
the bank.
Total Revenue for the year ending December 31,
2017 (“2017”) was $18,322,208 compared to $11,274,185 for the year
ending December 31, 2016 (“2016”) for an increase of $7,048,023 or
62.5% increase
Gross Profits for “2017” were $3,675,008
compared to $2,943,043 for “2016” for an increase of $731,965 or
25% increase.
Net Income for “2017” was $584,410 compared to
a loss of ($345,732) for “2016” or an increase of $930,142.
The key highlights from the annual earnings
call include:
Company Achieved Record
Revenues in 2017 with $18,322,208
Company Achieved Record
Gross Profits in 2017 with $3,675,008
2017 Revenues were up
62.5% compared to 2016
Total Convertible Debt
reduced by about $450,000 - goal to be at zero by
6/30/18
Total Company Balance
Sheet Assets were over $6,400,000
New Trucking Partnership
finalizing soon
New areas to evaluate
future opportunities include Real Estate and Blockchain
technology
The full recording of the Earnings call from
Thursday March 29, 2018 can be downloaded or listened to from the
company website www.AllianceCreativeGroup.com
in the Investor Relations section
or at http://gopv.us/go_415
The full financial statement, balance sheet,
cash flow statement, stockholder equity and information 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, COO and General
Counsel of the Alliance Creative Group, Inc., said “This year
included some significant changes and a lot of improvements.
We continue to build our long-term shared-resources
foundation to better prepare for leveraging future opportunities
and relationships. We accomplished record revenues and profits
while we continued to reduce debt and increase assets. Moving
forward we have a lot of opportunities to evaluate and will
continue to improve our processes and business models so we can
move quicker and grow faster in the future by maximizing our
internal efficiencies.”
CEO of the Alliance Creative Group,
Steven St. Louis,
said “We continue to learn more of what works and what doesn’t
every year. It allows us to make better future business
decisions and prepare for additional growth and build off of our
current and prior success. Although we had a great year I
believe our best days are still ahead of
us.”
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 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.
PeopleVine is becoming an industry leader in
the growth market of incubators and
coworking spaces. Our platform is used by the
best in the industry, from 1871 and
mHub, to Daymond John’s Blueprint + Co. These
clients need a robust platform to
manage and engage with their members and
PeopleVine supports them in this effort.
In addition to these incubators and coworking
spaces, PeopleVine also works with
United Airlines, Chick-fil- a, and
Bosch.
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
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, 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
Paul
Sorkin
1-847-885-1800, ext.
175
Paul@ACGemail.com
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