ST. PETERSBURG, Fla.,
June 12, 2012 /PRNewswire/
-- American Community Development Group, Inc. (the "Company")
(OTC Pinksheets: ACYD.PK) is pleased to provide a conference call
for its investors that will take place on Monday, June 18 at 4:30 PM
Eastern Daylight Time. The call in number for shareholders
is (559)-726-1300 and the code to get into the call is 966462. The
Company has reserved 1000 spaces for those interested in listening.
Please be advised that this is not a toll free number for
participation.
John Folger, the President of
American Community Development Group, will discuss some of the
changes in corporate strategy as it evolves into a holding company
for existing operating entities and works to become reporting.
Other topics will be the shift from residential housing units to
the search and acquisition of commercial properties such as hotels,
shopping centers, mobile home parks and other types of more dense
housing opportunities. This shift is designed to allow the company
to create a more holistic type of community for nonprofit clients
that can foster a better sense of community that can include
housing, counseling, support, job training and employment.
The Company will also discuss its private placement and other
financing options that can create operations and real estate
secured financing using debt or restricted common shares because
the Company is very concerned about any continued dilution that
might possibly have a negative effect on the price of its
stock.
Since 2008, American Community Development Group, Inc. (ACYD)
has been a socially responsible public company that specializes in
profitable real estate investments by acquiring distressed property
and then using these properties as transitional housing centers for
501c3 nonprofit clients. The Company generates increased profitable
rental income by housing clients that are sponsored into such
programs as drug and alcohol rehabilitation, ex-offenders,
homeless, HUD, government assistance and veterans.
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 including,
but not limited to, Florida. Our
expansion plans include other regional and national
affiliations.
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. Forward-looking statements involve known and unknown
risks and uncertainties, which may cause the company's actual
results in future periods to differ materially from forecasted
results. These risks and uncertainties include, among other things,
product price volatility, product demand, market competition, risk
inherent in the company's domestic and international operations,
imprecision in estimating product reserves and the company's
ability to replace and expand its holdings.
SOURCE American Community Development Group, Inc.
