– Successful Business Plan with High Value Real Estate Property and Strategic
– Investments, Vertically Integrated to Optimize Efficiencies and Cost Savings.
– Multiple Projects to Diversify Risk and Generate Revenue in Multiple Ways, Leveraging Both the Private and Public Markets.
– Q2 2024 Delivered an Increase of Over $130,000 in Net Income.
– Investment in PeopleVine, a Software as a Service (SAAS) Company That Specializes in Serving the Lifestyle Hospitality Industry.
– $3.5 Million Chicago Property Positioned for Sale.
– Small Share Structure with Less Than 5 Million OS and 2.8 Million Float.
Alliance Creative Group, Inc. (OTC: ACGX) is a Parent Holding Company on the OTC market. The strategy ACGX intends to deploy is a shared resource model where internal divisions, portfolio companies, Real Estate projects, and strategic investments are vertically integrated, optimizing efficiencies and cost savings. Resources may be applied to a mix of early-stage equity investments in companies that synergize with the company’s shared resource model and secured investment opportunities.
The ACGX strategic mission is to utilize a unique blend of capital, relationships, experience, and secured investment structures to increase value for its clients, partners, investors, and shareholders while reducing the overall risk. The ACGX big picture, long term plan is to create an ecosystem of shared resources that can provide quality resources with reduced expenses while acting as a partner for internal projects. The ACGX intent is to have multiple businesses and investment projects or divisions to help diversify the risk and generate potential revenue in multiple ways while leveraging both the private and public markets.
ACGX is also an investor in PeopleVine a consolidated membership engagement platform that allows businesses to build more personal relationships with their customers at scale. The PeopleVine platform has a primary focus in the member experience, subscription management, and CRM platform in the hospitality industry.
PeopleVine is a Software as a Service (SAAS) company that specializes in serving the Lifestyle Hospitality industry. The Member Experience & CRM Software allows luxury hotels, resorts, and private member clubs to elevate a more personalized online membership experience. PeopleVine helps their clients build member communities, drive engagement, and connect the dots that elevate experiences and revenues. The software empowers its clients teams to deliver efficiently managed operations through an integrated platform. PeopleVine is committed to being the most essential and adaptive SaaS engagement platform for companies that take a customer centric approach to business. For more information visit: http://www.PeopleVine.com.
For investors, ACGX has a very attractive share structure with less than 5 million shares outstanding and a public float of only about 2.8 million as can be seen here: https://www.otcmarkets.com/stock/ACGX/security
Q2 2024 Financial Report with Increase of Over $130,000 in Net Income
On August 14th ACGX announced the results of Operations for the Quarter Ending June 30, 2024. Revenues for the Quarter ending June 30, 2024 (“Q2 2024”) were $159,617 Gross Profits for the Quarter ending June 30, 2024 (“Q2 2024”) were $159,617 Net Income for the Quarter ending June 30, 2024 (“Q2 2024”) were $78,843.
The total assets on the Balance Sheet for ACGX as of 6/30/24 were $4,601,150.
The total outstanding common shares as of June 30, 2024 were 4,454,211 with 2,799,023 of those shares in the float – Same as the end of the last quarter.
ACGX ended the quarter with $142,061 cash on hand.
Paul Sorkin, CEO of the ACGX said, “The shares we own in www.PeopleVine.com have continued to be our strongest investment and asset. The conversations with some of the experienced and credible growth equity firms have progressed to the more enhanced due diligence stages. The Company has not made any final decisions but the interest level and the opportunities are very positive. The potential of partnering up with any of these firms would help accelerate PeopleVine’s growth and increase their value while providing additional capital and quality resources.
The property that is located at 1324 W. Devon, Chicago, IL. 60660 is still generating positive cash flow and is listed for sale. We have not received any full offers yet so we will continue those conversations to determine if it is worth selling for less or holding on a little longer while the property continues to improve in our opinion. We are still in search of another strategic investment, acquisition, or partnership to continue to grow our positive cashflow and position ourselves for potentially larger opportunities.”
For more information on $ACGX visit: www.AllianceCreativeGroup.com or www.ACGX.us
Follow ACGX on Twitter (X) here: https://twitter.com/ACGpau
Disclaimer and Disclosure: www.aibrandnetwork.com
Media Contact
Company Name: Alliance Creative Group, Inc.
Contact Person: Paul Sorkin, CEO
Email: Send Email
Phone: 312-498-9769
Address:160B Windsor Drive
City: East Dundee
State: Illinois 60118
Country: United States
Website: https://alliancecreativegroup.com/