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Tuesday, 11/21/2023 8:50:25 AM

Tuesday, November 21, 2023 8:50:25 AM

Post# of 98635
Paul Sorkin, CEO of the Alliance Creative Group, Inc. said, "We had a number of relevant updates recently. I returned 3,999,999 Shares of Series G Preferred Convertible Stock to help reduce some future dilution. We have engaged an experienced real estate broker to list the Wayne Property for what we hope to be a decent profit. PeopleVine is continuing to grow each quarter and had its best quarter ever. Coastal Spritz has engaged a long-time industry expert and a very qualified Ecommerce growth company to help increase their DTC (Direct to consumer) online activity. Coastal is also expanding its sponsorship into concerts and ACG is testing some investments in concerts. First one being Coastal Spritz Presents DJ Vice Toy Drive at Bourbon Hall in Louisville Dec 16th - tickets are available at Overall, the lower revenue for this quarter was caused by a few more delays with some of our peak construction projects but we hope to know more about the realistic timelines and scope for those and other projects soon. We are continuing multiple conversations with potential acquisition targets, projects, strategic partners, investors, and other opportunities to determine the best fits. Our foundation and structure remains attractive for multiple potential opportunities and our long term goals are still based on building our shared resources foundation to position ourselves to own multiple vertically integrated portfolio companies that, if we are successful, can each reduce their expenses by leveraging our resources and relationships to increase the overall assets and revenues over time to hopefully create a larger return for everyone involved. We will continue to update the public as things are finalized and will share more details as they become available."

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