Business
Alliance Creative Group (ACGX) Reports First Quarter of 2023 Financials with Over $4,000,000 in assets
Alliance Creative Group (ACGX) Reports First Quarter of 2023 Financials with Over $4,000,000 in assets.
About this update from Alliance Creative Group, Inc.
[{"type":"text","content":"\n\n\n\nAlliance Creative Group (ACGX) Reports First Quarter of 2023 Financials with Over $4,000,000 in assets\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nAlliance Creative Group (ACGX) Reports First Quarter of 2023 Financials with Over $4,000,000 in assets\nPR Newswire\nCHICAGO, May 15, 2023\n\n\n\nThe transition for ACG is making progress in 2023\nCHICAGO, May 15, 2023 /PRNewswire/ -- Alliance Creative Group, Inc., (http://www.AllianceCreativeGroup.com) (Stock Symbol OTC: ACGX) is pleased to announce the results of Operations for the Three Months and Quarter Ending March 31, 2023.\nRevenues for the quarter ending March 31, 2023 (\"Q1 2023\") were $845,676\nGross Profits for the quarter ending March 31, 2023 (\"Q1 2023\") were $845,676\nNet Income for the quarter ending March 31, 2023 (\"Q1 2023\") were $75,909\nThe total assets on the Balance Sheet for the Alliance Creative Group as of 3/31/23 were $4,327,315\nThe total outstanding common shares as of March 31, 2023 (\"Q1 2023\") were 3,454,211 with 2,198,971 of those shares in the float. \nThe Company ended the quarter with $38,567 Cash on hand.\nTotal Stockholder Equity as of 3/31/23 was $739,236\nThe full financial statement, balance sheet, statement of operations, cash flow statement, 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. \nPaul Sorkin, CEO of the Alliance Creative Group, Inc. said, \"The 1st quarter of 2023 included a lot of very high level discussions and negotiations that we are engaged in while we try to determine which projects, partners, and opportunities will help all of us the most.  We are being cautious not to enter into anything too quickly without doing enough due diligence regarding the true risks and rewards that come with each potential deal.  This economy creates both opportunities and challenges so we want to focus more on long-term growth and stability for us and our shareholders.  Regarding s...