ST. PETERSBURG, Fla., July 13, 2012 /PRNewswire/ -- American Community Development Group, Inc. (the "Company") (OTC Pinksheets: ACYD) is pleased to provide a conference call for its investors that will take place on Friday, July 13th at 4:30 PM ET. The call in number for shareholders is (559)-726-1300 and the code to get into the call is 966462. The Company has reserved 1000 spaces for those interested in listening. Please be advised that this is not a toll free number for participation.
John Folger, the President of American Community Development Group, will discuss the progress of upcoming business developments and the recent positive support from our valuable shareholders and investors.
The Company feels that it is important to update shareholders regarding merger and acquisitions status and the next stage financing to complete several developing projects. Other topics will be the shift from residential housing units to the search and acquisition of commercial properties such as hotels, shopping centers, mobile home parks and other types of more dense housing opportunities. This shift is designed to allow the company to create a more holistic type of community for nonprofit clients that can foster a better sense of community that can include housing, counseling, support, job training and employment.
The Company will also discuss its private placement and other financing options that can create operations and real estate secured financing using debt or restricted common shares because the Company is very concerned about any continued dilution that might possibly have a negative effect on the price of its stock.
Since 2008, American Community Development Group, Inc. (ACYD) has been a socially responsible public company that specializes in profitable real estate investments by acquiring distressed property and then using these properties as transitional housing centers for 501c3 nonprofit clients. The Company generates increased profitable rental income by housing clients that are sponsored into such programs as drug and alcohol rehabilitation, ex-offenders, homeless, HUD, government assistance and veterans.
We also create and sponsor job creation programs for the nonprofit community and are currently focused on the Florida West Coast. We have positively affected thousands of lives including, but not limited to, Florida. Our expansion plans include other regional and national affiliations.
Mission Statement - Rebuilding America, One Life at a Time!
Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company's domestic and international operations, imprecision in estimating product reserves and the company's ability to replace and expand its holdings.
SOURCE American Community Development Group, Inc.