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
OfficersPosition
 Dean L. JuliaTreasurer, Chief Executive Officer, Secretary & Chairman
 Richard J. KurtzChairman
 Michael D. TrepetaInvestor Relations Contact, Chief Operating Officer & President
 Sean J. McDonnellChief Accounting Officer & Chief Financial Officer

Directors
 Domenico  Iannucci
 Dean L. Julia
 Michael D. Trepeta
 
  
 
 Annual Report

 
Annual Report
 
Income Statement
  20092008
REVENUES
Revenues, Net3,248,1326,069,356
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 Income4,97512,096
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/loss988,0671,686,173
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
  20092008
ASSETS:
CURRENT ASSETS
Cash and Cash Equivalents595,611509,251
Accounts Receivables533,555809,685
Notes Receivable-100,000
Prepaid Expenses and Other Current Assets157,58063,401
Total Current Assets1,286,7461,482,337
NON CURRENT ASSETS
Property and Equipment, net133,632115,334
Other Assets7,7457,745
Total Assets1,428,1231,605,416
LIABILITIES:
CURRENT LIABILITIES
Accounts Payable310,753338,165
Accrued Expenses230,334181,766
Total Current Liabilities541,087519,931
SHAREHOLDERS' EQUITY
Common Stock - Par Value1,163924
Additional Paid in Capital6,229,8514,851,529
Treasury Stock - Common(31,501)(31,501)
Accumulated Deficit(5,312,477)(3,735,467)
Total Shareholders Equity887,0361,085,485
Total Liabilities & Shareholders Equity1,428,1231,605,416
 
  
 
 Interim Report

 
Interim Report   
 
Data Not Available
 
 
 
 
  
 
 Pro Forma Report

 
Pro Forma Report   
 
Data Not Available
 
 
 
 
  
 
 Quarterly Report

 
Quarterly Report Information   
 
Quarterly Revenue, US$
YearQuarterRevenue
  2010   1600,000
  2010   21,080,000
  2009   1460,000
  2009   2840,000
  2009   3940,000
  2009   41,010,000
  2009   Full Year 3,250,000
  2008   11,180,000
  2008   22,050,000
  2008   31,480,000
  2008   41,360,000
  2008   Full Year 6,070,000
  2007   11,280,000
  2007   21,400,000
  2007   31,640,000
  2007   41,340,000
  2007   Full Year 5,660,000
  2006   11,080,000
  2006   21,090,000
  2006   31,360,000
  2006   4990,000
  2006   Full Year 4,510,000
  2005   1560,000
  2005   2990,000
  2005   3750,000
  2005   41,120,000
  2005   Full Year 3,420,000
 
 
Quarterly Net Income, US$
YearQuarterRevenue
  2010   1(390,000)
  2010   2(570,000)
 
 
Quarterly EPS, US$
YearQuarterRevenue
  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   3Nil
  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 SharesOutstanding Shares
Common $0.0001 par100,000,00011,592,369so1
Preferred $0.0001 par5,000,000None
 
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
 
ExchangeYearHighLow
OTC Bulletin Board20091.25000.4500
OTC Bulletin Board20081.19000.2600
OTC Bulletin Board20072.05000.6500
OTC Bulletin Board20062.99000.7000
OTC Bulletin Board20053.50000.5000
 
DIVIDENDS: Common $0.0001 par: No cash.
 
 
  so1Excl. 23,334 in treas.