ST. PETERSBURG, Fla.,
March 22, 2012 /PRNewswire/
-- American Community Development Group, Inc. (OTC Pinksheets:
ACYD) announced today that it is exploring the logistics to become
a holding company with diversified divisions that can create
significant revenues and EBITDA thru its initial acquisitions and
anticipated organic growth. The Company has started to deliver
equity in anticipation of the financing required for anticipated
acquisitions and the necessary inducements for an expanded
management team.
John Folger, President of
American Community Development Group, Inc., stated that, "The
re-structuring will allow the company to accelerate the development
of our business model quickly while expanding real revenues and
profits and increased shareholder value."
"By targeting larger and complementary enterprises for
acquisition, ACYD will position itself for swift but calculated
expansion," Folger said.
Folger also declared that by creating a holding company, ACDG
would be able to justify an appropriately qualified Board of
Directors as well as continue the current expansion of senior
management staff with more specific announcements in the very near
future.
Ron Brewer, the head of
Southbridge Advisory Group (SAG), is consulting in this exploration
on behalf of the American Community Development Group. His team of
merger and acquisition experts will also be assisting in the
continued expansion of the corporate management team. More
information is available at www.southbridgegroup.biz.
Since 2008, American Community Development Group, Inc. (ACYD)
has been a socially responsible public company that specializes in
profitable real estate investments by purchasing distressed
property. We then offer these transitional housing centers to 501c3
nonprofit clients that are sponsored into such programs as drug and
alcohol rehabilitation, ex-offenders, homeless, HUD, government
assistance and veterans. By utilizing properties that are acquired
at huge discounts due to the distressed housing market, the company
and its investors are able to generate almost a 100% increase over
traditional tenants.
We also create and sponsor job creation programs for the
nonprofit community and are currently focused on the Florida West
Coast. We have positively affected thousands of lives in
Florida and throughout
the United States. Our expansion
plans include other regional and national affiliations.
American Community Development Group, Inc. is a for-profit
corporation founded to provide economic support and management
guidance to the non-profit community in order to assist their
support of various economically distressed citizens. We believe in
the concept of "social entrepreneurship" as stewards of our
investors' and our own resources while also creating strong
economic returns on capital.
The Company has chosen this growth field because it offers
stable growth and a socially conscious application of the talents
of its founders. We have signed agreements with non-profits that
have been providers of services and operate missions and facilities
for the homeless, ex-offenders, drug and alcohol programs and
housing facilities for other disadvantaged persons in the
Tampa Bay, Florida area.
Mission Statement
Rebuilding America, One Life at a
Time!
Safe Harbor for Forward-Looking Statements: Except for
historical information contained herein, the statements in this
press release are forward-looking statements that are made pursuant
to the safe harbor provisions of the Private Securities Reform Act
of 1995.
http://americancommunitydevelopmentgroup.com
SOURCE American Community Development Group, Inc.
