SOURCE: Alliance Creative Group, Inc.
CHICAGO, IL--(Marketwired - May 05, 2014) - Alliance Creative Group, Inc. (http://www.AllianceCreativeGroup.com) (PINKSHEETS: ACGX) is pleased to announce the results of Operations for the Three Months Ended March 31, 2014.
Revenues for the quarter ended March 31, 2014 ("Q1'14") were $3,299,009 compared with $2,457,105 for the quarter ended March 31, 2013 ("Q1'13"). That is an increase of $841,904 for the quarter, which is a 34% increase.
Gross Profits were $890,474 for ("Q1'14") compared to $683,515 for ("Q1'13"). That is an increase of $206,959, which is a 30% increase.
Net Incomes were $326,796 for ("Q1'14") compared to $97,043 for ("Q1'13"). That is an increase of $229,753, which is a 237% increase.
The total assets of the Alliance Creative Group as of 3/31/14 were $6,469,829 compared to 3/31/13 when they were $5,758,917. This is an increase of $710,912 or a 12% increase.
The total outstanding common shares as of March 31, 2014 were 566,277,973 with 465,948,998 of those shares in the float.
The full financial statement, balance sheet, cash flow statement, stockholder equity and information and disclosure statements are posted on the company website at http://ir.alliancecreativegroup.com/otc-disclosure and on the OTC Market Company website at www.OTCmarkets.com under the stock symbol ACGX under the section for filings and disclosure.
CEO of the Alliance Creative Group, Steven St. Louis, said, "We are very proud of how well our team's hard work came together to create our Q1 '14 record results setting new highs for revenue and profit under our current management. In an effort to continue our growth we are expanding our M&A search to include a new potential structure for future deals. We call it our Alliance Tank, which we compare to a smaller and friendly Shark Tank, from the popular TV show, where companies look to get investments and/or strategic partners to help their company get to the next level or execute their business plans. We believe ACG has built a solid foundation of significant resources to offer meaningful value to growing companies and brands. Therefore, we are aggressively looking for opportunities where we can utilize our creative design, printing & packaging, product development and marketing resources to grow faster together while trying to increase shareholder value."
About Alliance Creative Group, Inc.
ALLIANCE CREATIVE GROUP, Inc. (PINKSHEETS: ACGX) is a printing, packaging, supply chain, product development and brand management marketing company. The Alliance Creative Group 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 and design services, printing and packaging, product development, fulfillment, logistics and strategic marketing. www.AllianceCreativeGroup.com and www.Print4aCause.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 or the OTC Markets. 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.