Business
Alliance Creative Group (ACGX) Reports Total Revenue of $2,350,457 for First Quarter of 2020 With Gross Profit of $576,034
Alliance Creative Group (ACGX) Reports Total Revenue of $2,350,457 for First Quarter of 2020 With Gross Profit of $576,034.
About this update from Alliance Creative Group, Inc.
[{"type":"text","content":"\n\n\n\nAlliance Creative Group (ACGX) Reports Total Revenue of $2,350,457 for First Quarter of 2020 With Gross Profit of $576,034\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 $2,350,457 for First Quarter of 2020 With Gross Profit of $576,034\nMove to new office and warehouse completed to create more efficiency\nPR Newswire\nCHICAGO, May 14, 2020\n\n\n\nCHICAGO, May 14, 2020 /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 Ending March 31, 2020.\nRevenues for the quarter ending March 31, 2020 (\"Q1 2020\") were $2,350,457\nGross Profits for the quarter ending March 31, 2020 (\"Q1 2020\") were $576,034\nNet Income for the quarter ending 3March 31, 2020 (\"Q1 2020\") were $19,593\nThe total assets on the Balance Sheet for the Alliance Creative Group as of 03/31/20 were $5,049,597.\nThe total outstanding common shares as of March 31, 2020 (\"Q1 2020\") were 716,044 with 690,456 of those shares in the float.  \nThe Company ended the quarter and year with $9,031 Cash on hand.\nTotal Stockholder Equity as of 03/31/20 was $2,458,481\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, \"Like most companies in the world today we are still dealing with some very unique situations. However, we have been very aggressive with cutting costs and creating new efficiencies. We completed our move into a new main office and warehouse facility that provides us more space for less money. With the new warehouse we will be focusing more on fulfillment and leveraging having more things under 1 roof while improving the ROI of our internal trucks and deliveries. Fo...