SOURCE: Alliance Creative Group, Inc.

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May 15, 2013 08:30 ET

Alliance Creative Group (ACGX) Reports Revenue of $2,457,105 and Gross Profit of $683,515 for Q1 of 2013

CEO Converts Some Preferred Shares Into Restricted Common Stock

CHICAGO, IL--(Marketwired - May 15, 2013) - Alliance Creative Group, Inc., ( (PINKSHEETS: ACGX) is pleased to announce the results of Operations for the Three Months Ended March 31, 2013.

Revenues for the three months ended March 31, 2013 ("Q1'13") were $2,457,105 Gross Profits were $683,515. Net Incomes were $97,043. 

The total assets of the Alliance Creative Group as of 3/31/13 were $5,758,917. The total outstanding shares as of March 31, 2013 are 21,414,944 with 21,272,969 of those shares in the float.

The full quarterly report with financial statement, balance sheet, cash flow statement, stockholder equity and information and disclosure statements are on the Company's website at 

The Company also completed the following corporate actions as of May 1, 2013. They amended the voting and conversion rights for the preferred shares to 100 to 1 and allowed the CEO, Steven St. Louis, to convert 1 million preferred shares into 100 million restricted common shares. The Company has also increased the total authorized common shares to 750 million.

CEO of the Alliance Creative Group, Steven St. Louis, said "Our long-term goal is to build a $50 Million Dollar company within the next 5 years. In order to accomplish our goal we have to continue to be aggressive with the development of our infrastructure and experienced team. We have been making some quality additions that we hope will pay off in the long-term and we are positioning ourselves to be more flexible to meet our shareholder and investors' needs in the future. The increase in authorized common shares will allow us to consider multiple options for incentivizing acquisition targets, attracting potential quality employees, possibly issuing shareholder dividend shares and/or to reduce our past convertible note debt to better position ourselves for bigger future financing for bigger growth opportunities."

About Alliance Creative Group, Inc.
ALLIANCE CREATIVE GROUP, Inc. (PINKSHEETS: ACGX) is a printing, packaging, procurement and supply chain management 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, direct mail, supply chain management & logistics, brand development, fulfillment, assembly, kitting & strategic marketing.

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.

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