$ACGX Alliance Creative Group (ACGX) Reports Total
Post# of 42166
Move to new office and warehouse completed to create more efficiency
CHICAGO, 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.
Revenues for the quarter ending March 31, 2020 ("Q1 2020" were $2,350,457
Gross Profits for the quarter ending March 31, 2020 ("Q1 2020" were $576,034
Net Income for the quarter ending 3March 31, 2020 ("Q1 2020" were $19,593
The total assets on the Balance Sheet for the Alliance Creative Group as of 03/31/20 were $5,049,597.
The total outstanding common shares as of March 31, 2020 ("Q1 2020" were 716,044 with 690,456 of those shares in the float.
The Company ended the quarter and year with $9,031 Cash on hand.
Total Stockholder Equity as of 03/31/20 was $2,458,481
The 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.
Steve 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