Alliance Creative Group, Inc. ACGX
Our main point of focus today is ACGX. This is a stock with a very tight share stucture, meaning that any surge in volume could really create a stir in price, sending ACGX off to the races on a puff of air. Earlier this year, ACGX ran from .0165 up to .04 on just under 3 million shares traded, so we are fully aware of its capability to produce sizable gains when substantial volume comes into the stock.
Alliance Creative Group is a full-service marketing firm offering creative design, product printing/packaging & development, and consulting services. The company provides a full range of branding and marketing solutions that are vital to the success of any product.
Serving mainly small-to-medium sized companies, ACGX employs a team of talented individuals that work closely with clients in order to provide top-level service every step of the way.
Perhaps the best part of ACGX‘s model is the fact that it has produced extremely favorable growth on the company’s bottom line, with a recent PR outlining its $2.8 million in Q2 revenues, as well as a 30% rise over last year’s Q2 gross profits. They have recently streamlined their services, leading us to believe that the positive growth will continue. When coupled with the recent removal of an enacted DTCC Deposit Chill (as outlined in the included PR below) we feel that this is an excellent time to take a long look at ACGX.
CHICAGO, Nov. 1, 2012 /PRNewswire via COMTEX/ — Alliance Creative Group, Inc., (http://www.AllianceCreativeGroup.com) (PINKSHEETS: ACGX) is pleased to announce the removal of the DTCC Deposit Chill on its stock and the amending of the terms of the company’s preferred stock to benefit current shareholders.
Attorney Simon Kogan represented the company and was able to help clear up any confusion by sharing all requested documentation with The Depository Trust & Clearing Corporation (DTCC) and getting the chill lifted so the company can resume accepting deposits and book-entry transfer services.
CEO of the Alliance Creative Group, Steven St. Louis, said, “Our attorney Simon Kogan deserves a lot of credit for helping us resolve this very frustrating and unfortunate situation. Now that we have resolved this issue we are going to continue working on growing the business and increasing shareholder value. In a significant step to improve shareholder value we are amending our Preferred Stock rights from 1000 to 1 voting and conversion rights to 25 to 1. There are 5 million outstanding preferred shares, however we have not converted any preferred stock into common shares and have no plans to do so at this time.” St. Louis went on to say, “Our Q3 #s will be released around the middle of November and we will be adding more detailed updates and disclosures in our 3rd Quarter reports that will be posted on the OTC Markets.”
About Alliance Creative Group, Inc.
ALLIANCE CREATIVE GROUP, Inc is a printing, packaging and brand management marketing company. The Alliance Creative Group utilizes shared resources to create efficiencies between their projects and internal divisions to create quality results and long-term partnerships. The core business areas include creative and design services, printing and packaging, product fulfillment & logistics and strategic marketing. www.AllianceCreativeGroup.com