SOURCE: Alliance Creative Group, Inc.

Alliance Creative Group, Inc. Logo

November 12, 2014 08:30 ET

Alliance Creative Group Reports Third Quarter 2014 Results With 22% Year to Date Revenue Growth and a 27% Increase in Year to Date Gross Profit

Company on Pace to Generate Over $12,000,000 in Revenue for 2014

CHICAGO, IL--(Marketwired - November 12, 2014) - Alliance Creative Group, Inc. (www.AllianceCreativeGroup.com) (OTC: ACGX) is pleased to announce its results of operations for the three months ended September 30, 2014.

Revenues for the quarter ended September 30, 2014 were $2,812,216 with year to date (YTD) revenue of $9,114,632, an increase of $155,336 and $1,633,548 or 6% and 22% compared with $2,656,880, for the quarter and $7,481,084 YTD ended September 30, 2013. 

Gross Profits were $724,690 for the quarter and $2,333,741 YTD for the period ended September 30, 2014, an increase of $35,202 and $492,235 or 5% and 26.7% compared to $689,488 and $1,841,506 for the quarter and YTD ended September 30, 2013. 

Net Incomes were $13,651 and $366,825 for the quarter and YTD ended September 30, 2014, a decrease of $40,111 and an increase of $302,844 or a 473% increase in YTD net income compared to $54,062 and $63,981 for the quarter and YTD ended September 30, 2013. 

The total assets as of September 30, 2014 were $5,901,659, an increase of $274,982 compared to September 30, 2013 when they were $5,626,677. 

The total outstanding common shares as of September 30, 2014 were 707,160,608 with 606,839,233 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 ACGX's section for filings and disclosure.

CEO of the Alliance Creative Group, Steven St. Louis, said, "We are on pace to generate over $12,000,000 in revenue this year and although our core business has been around for 17 years and we have built a solid and consistent foundation I understand that as a public company we need to be more aggressive in developing, acquiring or partnering with people, companies and projects to attempt to grow faster. During the last few months we have been in talks with a few dozen different companies in all types of industries that we feel could add some exciting and expandable opportunities. Some of the discussions include selling some assets and acquiring other assets that we feel would position us better to accomplish our long-term goal of increasing long-term shareholder value. Although nothing is finalized and nothing is guaranteed to create our desired results we feel confident that we can close 1 or 2 deals in the next quarter or multiple transactions in 2015 and beyond. We will update the public as deals close." 

About Alliance Creative Group, Inc.

Alliance Creative Group is a printing, packaging, supply chain, product development and brand management consulting and 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 consulting and marketing. For more information, visit www.AllianceCreativeGroup.com, www.Print4aCause.com and www.CorporateGifts4aCause.com.

Safe Harbor Statement

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 and/or performance, 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.

Contact Information