Business
Alliance Creative Group (ACGX) Releases Financials for the 2nd Quarter of 2016 and Uploads Updated Disclosure Statement
Alliance Creative Group (ACGX) Releases Financials for the 2nd Quarter of 2016 and Uploads Updated Disclosure Statement.
About this update from Alliance Creative Group, Inc.
[{"type":"text","content":"\nAlliance Creative Group (ACGX) Releases Financials for the 2nd Quarter of 2016 and Uploads Updated Disclosure Statement\n\nAlliance Creative Group (ACGX) Releases Financials for the 2nd Quarter of 2016 and Uploads Updated Disclosure Statement\n\n\nProfit Increases Compared to Q2 2015 While Debt Is Reduced \n\n CHICAGO, IL --(Marketwired - August 11, 2016) - Alliance Creative Group, Inc. (AllianceCreativeGroup.com) (OTC PINK: 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. (OTC PINK: ACGX) is a full-service agency that focuses on Branding, Marketing, and Packaging. ACGX Specializes in three distinct areas: Product Development, Digital Marketing & Engageme...