Benzinga

España
Italia
대한민국
日本
Français
Benzinga Edge
Benzinga Research
Benzinga Pro

  • Get Benzinga Pro
  • Data & APIs
  • Events
  • Premarket
  • Advertise
Contribute
España
Italia
대한민국
日本
Français

Benzinga

  • Premium Services
  • Financial News
    Latest
    Earnings
    Guidance
    Dividends
    M&A
    Buybacks
    Interviews
    Management
    Offerings
    IPOs
    Insider Trades
    Biotech/FDA
    Politics
    Healthcare
    Small-Cap
  • Markets
    Pre-Market
    After Hours
    Movers
    ETFs
    Options
    Cryptocurrency
    Commodities
    Bonds
    Futures
    Mining
    Real Estate
    Volatility
  • Ratings
    Analyst Color
    Downgrades
    Upgrades
    Initiations
    Price Target
  • Investing Ideas
    Trade Ideas
    Long Ideas
    Short Ideas
    Technicals
    Analyst Ratings
    Analyst Color
    Latest Rumors
    Whisper Index
    Stock of the Day
    Best Stocks & ETFs
    Best Penny Stocks
    Best S&P 500 ETFs
    Best Swing Trade Stocks
    Best Blue Chip Stocks
    Best High-Volume Penny Stocks
    Best Small Cap ETFs
    Best Stocks to Day Trade
    Best REITs
  • Money
    Investing
    Cryptocurrency
    Mortgage
    Insurance
    Yield
    Personal Finance
    Forex
    Startup Investing
    Real Estate Investing
    Prop Trading
    Credit Cards
    Stock Brokers
Research
My Stocks
Tools
Free Benzinga Pro Trial
Calendars
Analyst Ratings Calendar
Conference Call Calendar
Dividend Calendar
Earnings Calendar
Economic Calendar
FDA Calendar
Guidance Calendar
IPO Calendar
M&A Calendar
Unusual Options Activity Calendar
SPAC Calendar
Stock Split Calendar
Trade Ideas
Stock Reports
Insider Trades
Trade Idea Feed
Analyst Ratings
Unusual Options Activity
Heatmaps
Free Newsletter
Government Trades
Perfect Stock Portfolio
Easy Income Portfolio
Short Interest
Most Shorted
Largest Increase
Largest Decrease
Calculators
Margin Calculator
Forex Profit Calculator
100x Options Profit Calculator
Screeners
Stock Screener
Top Momentum Stocks
Top Quality Stocks
Top Value Stocks
Top Growth Stocks
Compare Best Stocks
Best Momentum Stocks
Best Quality Stocks
Best Value Stocks
Best Growth Stocks
Connect With Us
facebookinstagramlinkedintwitteryoutubeblueskymastodon
About Benzinga
  • About Us
  • Careers
  • Advertise
  • Contact Us
Market Resources
  • Advanced Stock Screener Tools
  • Options Trading Chain Analysis
  • Comprehensive Earnings Calendar
  • Dividend Investor Calendar and Alerts
  • Economic Calendar and Market Events
  • IPO Calendar and New Listings
  • Market Outlook and Analysis
  • Wall Street Analyst Ratings and Targets
Trading Tools & Education
  • Benzinga Pro Trading Platform
  • Options Trading Strategies and News
  • Stock Market Trading Ideas and Analysis
  • Technical Analysis Charts and Indicators
  • Fundamental Analysis and Valuation
  • Day Trading Guides and Strategies
  • Live Investor Events
  • Pre-market Stock Analysis and News
  • Cryptocurrency Market Analysis and News
Ring the Bell

A newsletter built for market enthusiasts by market enthusiasts. Top stories, top movers, and trade ideas delivered to your inbox every weekday before and after the market closes.

  • Terms & Conditions
  • Do Not Sell My Personal Data/Privacy Policy
  • Disclaimer
  • Service Status
  • Sitemap
© 2026 Benzinga | All Rights Reserved
May 15, 2018 8:30 AM 5 min read

Alliance Creative Group (ACGX) Reports Q1 '18 Revenue Above $5,000,000 and Confirms Not Reversing Stock

by Globe Newswire
Follow
ACGX Logo
ACGXAlliance Creative Group Inc
$0.0360-%
Overview

Letter to shareholders released to clarify some confusion

CHICAGO, IL. , May 15, 2018 (GLOBE NEWSWIRE) -- Alliance Creative Group, Inc. (AllianceCreativeGroup.com) (OTC:ACGX) is pleased to announce the results of Operations for the Three Months Ended March 31, 2018.

Revenues for the quarter ending March 31, 2018 ("Q1 2018") were $5,026,388

Gross Profits for the quarter ending March 31, 2018 ("Q1 2018") were $927,448.

Net Incomes for the quarter ending March 31, 2018 ("Q1 2018") were $47,583

The total assets on the Balance Sheet for the Alliance Creative Group as of 3/31/18 were $6,874,037.

The total outstanding common shares as of March 31, 2018 were 1,875,103,928 with 1,774,782,953 of those shares in the float.

Company ended the quarter with $93,726 in the bank.

About Alliance Creative Group, Inc.

About PeopleVine

PeopleVine is becoming an industry leader in the growth market of incubators and coworking spaces. Our platform is used by the best in the industry, from 1871 and mHub, to Daymond John's Blueprint + Co. These clients need a robust platform to manage and engage with their members and PeopleVine supports them in this effort.  In addition to these incubators and coworking spaces, PeopleVine also works with United Airlines, Chick-fil- a, and Bosch.

We are committed to being the most essential and adaptive SaaS engagement platform for companies that take a customer centric approach to business.

For more information www.PeopleVine.com

Investor Relations and Media Contact:
Paul Sorkin
1-847-885-1800, ext. 175
[email protected]
Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To add Benzinga News as your preferred source on Google, click here.


Posted In:
Press Releases

The full financial statement, balance sheet, cash flow statement, stockholder equity and information 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.

In addition to the quarterly financial report and disclosure statement the Company has also released a shareholder letter to help clarify some potential confusion.  The letter can be found on the OTCmarkets.com under Disclosures and on the www.ACGX.us website under the investor relations section.

Paul Sorkin, COO and General Counsel of the Alliance Creative Group, said "This Quarter included many positive changes but also caused some confusion in the market.  The confusion began and rumors started to spread due to the fact that the stock has been trading below a penny and for a company to uplist to the OTCQB it must trade above a penny for 30 days.  Therefore, if a company wants to become a fully reporting audited company and to uplist to the OTCQB they either need to trade above a penny or consider reversing the stock to get above a penny.  Our current and original plans and desires were and are ideally to get to the OTCQB without a reverse. We believe the potential negative effects of a near-term reverse has given the shorters too much power and control to drive down our stock.  Therefore, we are clarifying our position that we are not reversing the stock at this time. We will continue to work on the 2 years of PCAOB audits for 2016 and 2017, and future 10Q filings, while we evaluate all of our options for uplisting to a higher exchange.  We will also discuss different ways to raise capital to execute and expand our current and future business plans. We have released a more detailed shareholder letter to address other areas of possible confusion related to our trucking companies, the structure and value of PeopleVine, overall 2018 projections, and other misc.  We greatly appreciate all of our supportive long-term shareholders and will continue to try to find ways to improve the Company's stock price - One important way at this time is to NOT reverse the stock - so we will NOT be reversing the stock at this time."

Alliance Creative Group, Inc. (Stock Symbol: ACGX) is a full-service product-development agency that since 1997 has been helping clients connect their products and services to their customers. ACG focuses on creative and design services, printing and packaging, brand and product development, fulfillment, logistics and transportation, strategic consulting, digital marketing and engagement, and software development. For more information, visit www.AllianceCreativeGroup.com or www.ACGX.us.

PeopleVine is a consolidated platform that allows businesses to build more personal relationships with their customers at scale.  PeopleVine solves the problem businesses have creating and managing holistic relationships with their customers without using multiple products that only support a portion of the relationship building activities.  PeopleVine seamlessly brings together the tools needed to market, sell, and operate a business with streamline efficiencies in a customer engagement suite and enables businesses to make data informed decisions to help generate revenue growth.

This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, 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.

ACGX Logo
ACGXAlliance Creative Group Inc
$0.0360-%
Overview
Comments
Loading...