Alliance Creative Group, Inc Reports Earnings Results of for the Three Months Ended June 30, 2018
August 17, 2018 at 04:30 pm EDT
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Alliance Creative Group, Inc. reported earnings results of for the three months ended June 30, 2018. For the three months, the company's revenues were $3,121,357 and net loss was $464,578. The reduction in Revenue was due to the discontinuance and transition of the original trucking business.
Alliance Creative Group, Inc. (ACG) operates as a parent holding company. The strategy that the Company intends to deploy is a shared resource model where internal divisions, portfolio companies and strategic investments are vertically integrated. It is focused on three types of investments or projects: real estate acquisition; secured lending for small businesses, and early-stage equity business investments (and acqui-hires). ACG shall apply some of its resources towards diversified classifications of real estate with a focus on distressed assets and healthcare. The Company's distressed value add projects may consist of warehouses, student housing, multifamily, conversions, and flips. ACG may also invest in a mix of early-stage equity investments in companies that synergize with the Company's shared resource model and lending opportunities.