OTC Bulletin Board S & P Company Insight for ACE MARKETING & PROM
Profile
	Business Summary: Ace Marketing & Promotions, Inc. operates as a promotional marketing and distribution company that offers various business solutions in the United States. It primarily distributes advertising specialties and promotional items manufactured by others.   Address   457 Rockaway Avenue   Valley Stream , NY 11581   Phone: 516-256-7766   Website: http://www.acemarketing.net Auditor   Holtz Rubenstein Reminick   Melville , NY Transfer Agent   Continental Stock Transfer & Trust Co. Employees:  13 ShareHolders:  72 Founded:  1998 Domicile:  New York
Background
	Ace Marketing & Promotions, Inc. operates as a promotional marketing and distribution company that offers various business solutions in the United States. It primarily distributes advertising specialties and promotional items manufactured by others. The company offers various solutions in fulfillment and warehousing, incentives and rewards programs, importing, e-commerce and Web design, interactive media, printing and forms management, database management, branded merchandise, interactive media, and proximity marketing. The company distributes wearables, such as t-shirts, golf shirts, and hats; glassware, including mugs and drinking glasses; writing instruments, such as pens, markers, and highlighters; and bags, such as tote bags, gift bags, and brief cases. Its promotional products are used in dealer/distribution programs; co-op programs; company stores; generating new customers or new accounts; nonprofit fundraising; public awareness campaigns; promotion of brand awareness and brand loyalty; employee incentive programs; new product or service introduction; and marketing research for survey and focus group participants. It serves large corporations, local schools, universities, financial institutions, hospitals, and not-for-profit organizations. The company was founded in 1998 and is based in Valley Stream, New York. History:  INCORPORATED in New York Mar. 26, 1998.     Capital Expenditures, thousand. US Dollars   Year   Amount   2005   11   2004   14
Management
	Management Officers Position  Dean L. Julia Treasurer, Chief Executive Officer, Secretary & Chairman  Richard J. Kurtz Chairman  Michael D. Trepeta Investor Relations Contact, Chief Operating Officer & President  Sean J. McDonnell Chief Accounting Officer & Chief Financial Officer Directors  Domenico  Iannucci  Dean L. Julia  Michael D. Trepeta
Annual Report
	Annual Report   Income Statement   2009 2008 REVENUES Revenues, Net 3,248,132 6,069,356 EXPENSES Cost of Revenues (2,260,065) (4,383,183) Selling, General and Administrative Expenses (2,569,021) (2,927,620) Interest Expense (1,031) (1,042) Interest Income 4,975 12,096 Earnings before Taxes (1,577,010) (1,230,393) TAXES AND OTHER EXPENSES Net Income (Loss) (1,577,010) (1,230,393) CHARGES ON NET INCOME Dividends on Preferred Stock - (96,500) Net Income Available to Common Shareholders (1,577,010) (1,326,893) SUPPLEMENTARY INFO Gross Profit/loss 988,067 1,686,173 Operating Income (Loss) (1,580,954) (1,241,447) Basic EPS - Continuing Operations (0.16) (0.16) Diluted EPS - Continuing Operations (0.16) (0.16)   Balance Sheet   2009 2008 ASSETS: CURRENT ASSETS Cash and Cash Equivalents 595,611 509,251 Accounts Receivables 533,555 809,685 Notes Receivable - 100,000 Prepaid Expenses and Other Current Assets 157,580 63,401 Total Current Assets 1,286,746 1,482,337 NON CURRENT ASSETS Property and Equipment, net 133,632 115,334 Other Assets 7,745 7,745 Total Assets 1,428,123 1,605,416 LIABILITIES: CURRENT LIABILITIES Accounts Payable 310,753 338,165 Accrued Expenses 230,334 181,766 Total Current Liabilities 541,087 519,931 SHAREHOLDERS' EQUITY Common Stock - Par Value 1,163 924 Additional Paid in Capital 6,229,851 4,851,529 Treasury Stock - Common (31,501) (31,501) Accumulated Deficit (5,312,477) (3,735,467) Total Shareholders Equity 887,036 1,085,485 Total Liabilities & Shareholders Equity 1,428,123 1,605,416
Interim Report
	Interim Report      Data Not Available
Pro Forma Report
	Pro Forma Report      Data Not Available
Quarterly Report
	Quarterly Report Information      Quarterly Revenue, US$ Year Quarter Revenue   2010   1 600,000   2010   2 1,080,000   2009   1 460,000   2009   2 840,000   2009   3 940,000   2009   4 1,010,000   2009   Full Year 3,250,000   2008   1 1,180,000   2008   2 2,050,000   2008   3 1,480,000   2008   4 1,360,000   2008   Full Year 6,070,000   2007   1 1,280,000   2007   2 1,400,000   2007   3 1,640,000   2007   4 1,340,000   2007   Full Year 5,660,000   2006   1 1,080,000   2006   2 1,090,000   2006   3 1,360,000   2006   4 990,000   2006   Full Year 4,510,000   2005   1 560,000   2005   2 990,000   2005   3 750,000   2005   4 1,120,000   2005   Full Year 3,420,000     Quarterly Net Income, US$ Year Quarter Revenue   2010   1 (390,000)   2010   2 (570,000)     Quarterly EPS, US$ Year Quarter Revenue   2010   1 (.03)   2010   2 (.04)   2009   1 (.05)   2009   2 (.02)   2009   3 (.05)   2009   4 (.04)   2009   Full Year (.16)   2008   1 (.04)   2008   2 (.02)   2008   3 (.05)   2008   4 (.05)   2008   Full Year (.16)   2007   1 (.02)   2007   2 (.02)   2007   3 (.03)   2007   4 (.04)   2007   Full Year (.11)   2006   1 (.01)   2006   2 (.02)   2006   3 Nil   2006   4 (.03)   2006   Full Year (.07)   2005   1 (.01)   2005   2 (.07)   2005   3 (.01)   2005   4 (.02)   2005   Full Year (.12)
Stock Data
	Capitalization as of 12/31/2009:     Authorized Shares Outstanding Shares Common $0.0001 par 100,000,000 11,592,369so1 Preferred $0.0001 par 5,000,000 None   LONG TERM DEBT: None.   Common $0.0001 par   Stockholders:  03/01/2010, 72. Transfer Agent:  Continental Stock Transfer & Trust Co.   New York , NY   OTC Bulletin Board( Primary): AMKT   Exchange Year High Low OTC Bulletin Board 2009 1.2500 0.4500 OTC Bulletin Board 2008 1.1900 0.2600 OTC Bulletin Board 2007 2.0500 0.6500 OTC Bulletin Board 2006 2.9900 0.7000 OTC Bulletin Board 2005 3.5000 0.5000   DIVIDENDS: Common $0.0001 par: No cash.       so1Excl. 23,334 in treas.