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Re: None

Sunday, 02/25/2018 10:10:41 AM

Sunday, February 25, 2018 10:10:41 AM

Post# of 98683
No doubling of revenues here:


The Year to date revenue as of 09/30/2017 was $13,869,102 compared to $7,917,384 for the 9 months year to date as of 09/30/2016. An increase of $5,951,718 or 75% increase



Talking about counting your chickens before they are hatched:


Paul Sorkin, COO and General Counsel of the Alliance Creative Group, Inc., said, "During the last 11 quarters we have invested, advanced, and/or had one-time expenses totaling over $1,700,000 to help improve our foundation, expand our products and services, diversify our customer base, and prepare for larger future growth. During that same time period we have added about $7,000,000 of future annual revenues and reduced our convertible debt by over $1,000,000. The transition and evolution of our company has been a long and detailed process but the results are starting to become more evident. The next few quarters will be significant for us to continue to reduce our convertible debt to zero and leverage the shared resources we have been building to maximize the economies of scale and create long-term shareholder value."



How much of that was spent to develop People Vine, which is now a private company?




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