Business
PeopleVine Engages Venture Connects as a Preferred Advisor to Prepare for and Evaluate Future Private Funding Options
PeopleVine Engages Venture Connects as a Preferred Advisor to Prepare for and Evaluate Future Private Funding Options.
About this update from Alliance Creative Group, Inc.
[{"type":"text","content":"\nPeopleVine Engages Venture Connects as a Preferred Advisor to Prepare for and Evaluate Future Private Funding Options\n\nPeopleVine Engages Venture Connects as a Preferred Advisor to Prepare for and Evaluate Future Private Funding Options\n\n\nCompany Looking to Raise Money Without Issuing Any Convertible Debt\n\nCHICAGO, IL--(Marketwired - July 07, 2016) - Alliance Creative Group, Inc., Parent company of PeopleVine, (http://www.AllianceCreativeGroup.com), (http://PeopleVine.com) (OTC PINK: ACGX) is pleased to announce they have engaged Venture Connects (http://VentureConnects.com) to provide advisory services related to financial and general corporate needs related to seeking additional financial capital.Venture Connects has helped 43 companies during the last few years prepare for and be introduced to multiple different funding partners. PeopleVine understands the technology industry, specifically software, can be very competitive and additional resources would position the company to better handle the growth and to continue to develop new features and integrations. President and Founder of PeopleVine, Jordan Gilman said, \"Alliance Creative Group has been an incredible partner and has helped us get to another level but to increase the speed of our growth and to maximize our opportunities we need to look into additional funding partners as well. This will also expose us to and get more involved with some tech industry networks and communities that we need and want to be a part of moving forward. No matter what we decide Alliance will be our partner moving forward but this opens up additional untapped resources to help us all.\"COO and General Counsel of Alliance Creative Group, Paul Sorkin said, \"Our main goals with PeopleVine have been to add more features, improve the overall UI/UX experience, add clients, and gain traction. To create future shareholder value we need to evaluate the ongoing balance between growth and dilution and make good financial and business decisions. Therefore, It is important for us to explore other future funding options that don't require issuing more ACGX shares. We believe Venture Connects will be a good partner for this and we will update the public as we make more specific decisions. PeopleVine has been a great addition to our company and we are excited about all the future opportunities.\" A...