Alliance Creative Group, Inc. (Stock Symbol OTC: ACGX) is a Well Established and Versatile Packaging Solutions Provider Booking Solid Revenue and Making Profits

Alliance Creative Group, Inc. (Stock Symbol OTC: ACGX) is a Well Established and Versatile Packaging Solutions Provider Booking Solid Revenue and Making Profits
  • Full-Service Packaging Services Team with Multiple Product Lines. 
  • Company Operates 8 Warehouse Locations + Multiple Partner Sites. 
  • Services for Both US and International Clients.   
  • Latest Revenue Results Delivering Strong Revenue with Profits. 
  • LOW Float Stock, under 1 Million Shares in the free trading float!

Alliance Creative Group, Inc. (OTC: ACGX) is a Packaging Solutions company focused on Retail Packaging and Packaging Management.  ACGX helps its clients from initial concept and packaging development through final production and managed inventory solutions. The core business has been around since 1997. ACGX currently focuses mostly on providing solutions for flexible and clear packaging, folding cartons, vendor managed inventory supply chain services, and fulfillment. Additional services include but are not limited to corrugated boxes, commercial printing, labels, and other products and services related to the printing or packaging of consumer products. 

The ACGX team includes experts to provide high-quality packaging and printed products. The ACGX experience incorporates very hands-on operational support out of 8 different warehouse locations and several national and international manufacturing partners. ACGX provides customer support during the entire production process or cycle including but not limited to creating, warehousing, delivering, and replenishing their packaging products. 

  • Alliance Creative Group (ACGX) Reports Total Revenue of $2,103,920 for Second Quarter of 2020 with a Gross Profit of $532,486

ACGX has announced its financial Results of Operations for the Three Months Ending June 30, 2020, with the following highlights: 

Revenues for the quarter ending June 30, 2020 (“Q2 2020”) were $2,103,920

Gross Profits for the quarter ending June 30, 2020 (“Q2 2020”) were $532,486

Net Income for the quarter ending June 30, 2020 (“Q2 2020”) were $15,576

The total assets on the Balance Sheet for ACGX as of 06/30/20 were $4,176,569.

The total ACGX outstanding common shares as of June 30, 2020 (“Q2 2020”) 968,044 with 758,154 of those shares in the float. 

ACGX ended the quarter and year with $197,887 cash on hand.

Total ACGX Stockholder Equity as of 06/30/20 was $1,698,499

Considering all the challenges of 2020, ACGX has performed considerably better than most businesses at this difficult time. ACGX is also positioned very well now to be able to weather the pandemic storm and come out the other side stronger. The company’s new office and warehouse are proving to be a positive move that has helped reduce expenses while improving efficiency and giving ACGX back more control over the movement of its local inventory.  

ACGX management has also decided to make a few relevant adjustments on its balance sheet to more appropriately represent sellable inventories as well as adjusted some prior uncollectible receivables and goodwill amounts from older transactions. 

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Company Name: Alliance Creative Group, Inc.
Contact Person: Media Relations
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Address:160B Windsor Drive East Dundee, IL 60118
Country: United States