Business
Alliance Creative Group (ACGX) Reports Total Revenue of $2,103,920 for Second Quarter of 2020 with Gross Profit of $532,486
Alliance Creative Group (ACGX) Reports Total Revenue of $2,103,920 for Second Quarter of 2020 with Gross Profit of $532,486.
About this update from Alliance Creative Group, Inc.
[{"type":"text","content":"\n\n\n\nAlliance Creative Group (ACGX) Reports Total Revenue of $2,103,920 for Second Quarter of 2020 with Gross Profit of $532,486\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 Total Revenue of $2,103,920 for Second Quarter of 2020 with Gross Profit of $532,486\nNet income was $15,576 for the second quarter of 2020\nPR Newswire\nCHICAGO, Aug. 14, 2020\n\n\n\nCHICAGO, Aug. 14, 2020 /PRNewswire/ -- Alliance Creative Group, Inc., (http://www.AllianceCreativeGroup.com) (OTC: ACGX) is pleased to announce the results of Operations for the Three Months Ending June 30, 2020.\nRevenues for the quarter ending June 30, 2020 (\"Q2 2020\") were $2,103,920\nGross Profits for the quarter ending June 30, 2020 (\"Q2 2020\")  were $532,486\nNet Income for the quarter ending June 30, 2020 (\"Q2 2020\")  were $15,576\nThe total assets on the Balance Sheet for the Alliance Creative Group as of 06/30/20 were $4,176,569.\nThe total outstanding common shares as of  June 30, 2020 (\"Q2 2020\")  were 968,044 with 758,154 of those shares in the float.  \nThe Company ended the quarter and year with $197,887 Cash on hand.\nTotal Stockholder Equity as of 06/30/20 was $1,698,499\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.  \nSteve St. Louis, CEO  of the Alliance Creative Group, Inc., said, \"considering all the challenges we are dealing with on a daily basis I believe we have performed better than most businesses and are positioned very well now to be able to weather this storm and come out the other side as strong or stronger.  The new office and warehouse are proving to be a positive move that has helped reduce our expenses while improving our efficiency and giving us back more control over the movement of our local inventory.  We also decided to make a ...