CHICAGO, March, 29, 2012 /PRNewswire/ -- Alliance Creative Group, Inc., (http://www.AllianceCreativeGroup.com) (PINKSHEETS: ACGX) is pleased to announce the results of Operations for the Three Months Ended December 31, 2011 and the total Annual results for 2011.
Revenues for the three months ending December 31, 2011 ("Fourth Quarter 2011") were $2,450,721 bringing the total 2011 Revenues to $9,095,127. Gross Profits for the three months ending December 31, 2011 ("Fourth Quarter 2011") were $698,797 bringing the total 2011 Gross Profits to $2,376,729.
Net Incomes for the three months ending December 31, 2011 ("Fourth Quarter 2011") were $252,615 bringing the total Net Income for 2011 to $785,231.
The total assets of the Alliance Creative Group as of 12/31/11 were $4,672,523. The total outstanding common shares as of March 28, 2011 are still 8,554,746 with 8,415,221 of those shares in the float. No shares have been issued in over 6 months.
The full financial statement, balance sheet, cash flow statement, stockholder equity and information and disclosure statements are on the Company website at http://alliancecreativegroup.com/investor-relations under the section for financials and on www.OTCmarkets.com under stock symbol ACGX.
New CEO of the Alliance Creative Group, Steven St. Louis, said, "This is our 9th consecutive quarter with positive numbers and Q1 2012 has started off strong as well. Our core business units which include; Printing, Packaging and Marketing have all been increasing and we are positioned very well to add to our solid foundation. We will continue to evaluate all options to help increase our revenues, profits and shareholder value."
About Alliance Creative Group, Inc.
ALLIANCE CREATIVE GROUP, Inc. (Stock Symbol: ACGX) is a printing, packaging and marketing company. The Alliance Creative Group is a brand awareness conglomerate that utilizes shared resources to create synergies between their projects and companies to create quality results and long-term partnerships. The core business areas include creative and design services, printing and packaging, product development, event marketing, business consulting and strategic marketing. www.AllianceCreativeGroup.com
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plan, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
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SOURCE Alliance Creative Group, Inc.