OTC Bulletin Board

S & P Company Insight for ACE MARKETING & PROM
 
 Profile
 
Business Summary: Ace Marketing & Promotions, Inc., a promotional marketing company, offers various business solutions, including fulfillment and warehousing, incentives and rewards programs, importing, e-commerce and Web design, printing and forms management, database management and branded merchandise.
 
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:  12
ShareHolders:  83
Founded:  1998
Domicile:  New York
 
  
  
 Background
 
Ace Marketing & Promotions, Inc., a promotional marketing company, offers various business solutions. Its solutions include fulfillment and warehousing, incentives and rewards programs, importing, e-commerce and Web design, database management and integrated marketing, printing and forms management, database management, and branded merchandise. The company principally engages in distributing advertising specialties and promotional items manufactured by others. It also offers wearables, such as t-shirts, golf shirts, and hats; glassware and ceramics, including mugs and drinking glasses; writing instruments comprising pens, markers, and highlighters; and bags, including tote bags, gift bags, and brief cases. The company also provides stickers, jewelries, sporting goods, awards, electronics, desk/office/business accessories, calendars, caps and headwear, recognition awards/trophies, and sporting goods. Its products are used for dealer/distribution programs; co-op programs; company stores; generating new customers or new accounts; nonprofit fundraising; public awareness campaigns; promoting brand awareness and brand loyalty; employee incentive programs; new product or service introduction; and marketing research for survey and focus group participants. The company's customer categories include corporations, schools, universities, financial institutions, hospitals, and not-for-profit organizations. Ace Marketing & Promotions, Inc. 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. JuliaChairman, Secretary, Chief Executive Officer & Treasurer
 Richard J. KurtzChairman
 Michael D. TrepetaPresident, Chief Operating Officer & Investor Relations Contact
 Sean J. McDonnellChief Financial Officer & Chief Accounting Officer

Directors
 Dean L. Julia
 Scott J. Novack
 Michael D. Trepeta
 
  
  
 Annual Report
 
Annual Report
 
Income Statement
  20072006
Revenue, net$5,660,102$4,506,807
Cost of Revenue3,844,0473,183,825
Gross Profit1,816,0551,322,982
Operating Expenses:
Selling795,115444,192
General and administrative1,925,9431,362,492
Total Operating Expenses2,721,0581,806,684
Loss from Operations(905,003)(483,702)
Interest income25,9482,676
Net Loss$(879,055)$(481,026)
Net Loss Per Common Share:
Basic$(0.11)$(0.07)
Diluted$(0.11)$(0.07)
 
Balance Sheet
  20072006
ASSETS
Current Assets:
Cash and cash equivalents$819,021$1,353,131
Accounts receivable, net 963,919721,986
Prepaid expenses and other current assets75,37547,683
Total Current Assets1,858,3152,122,800
Property and Equipment, net34,06516,899
Other Assets7,7455,492
Total Assets$1,900,125$2,145,191
LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities:
Accounts payable$475,452$359,518
Accrued expenses206,015137,598
Total Current Liabilities681,467497,116
Stockholders' Equity:
Common stock, $.0001 par value813803
Additional paid-in capital3,657,9203,176,791
Accumulated deficit(2,408,574)(1,529,519)
Less: Treasury Stock(31,501)--
Total Stockholders' Equity1,218,6581,648,075
Total Liabilities and Stockholders' Equity$1,900,125$2,145,191
 
  
  
 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
  2008   11,180,000
  2008   22,050,000
  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   Full Year 4,510,000
  2005   1560,000
  2005   2990,000
  2005   3750,000
  2005   Full Year 3,420,000
  2004   Full Year 2,400,000
 
 
Quarterly Net Income, US$
YearQuarterRevenue
  2008   1(300,000)
  2008   2(190,000)
  2007   1(130,000)
  2007   2(130,000)
  2007   3(280,000)
  2007   4(340,000)
  2007   Full Year (880,000)
  2006   1(120,000)
  2006   2(120,000)
  2006   3(20,000)
  2006   Full Year (481,000)
  2005   1(50,000)
  2005   2(440,000)
  2005   3(40,000)
  2005   Full Year (682,500)
  2004   Full Year (160,000)
  2003   Full Year 10,000
 
 
Quarterly EPS, US$
YearQuarterRevenue
  2008   1(.04)
  2008   2(.02)
  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   Full Year (.07)
  2005   1(.01)
  2005   2(.07)
  2005   3(.01)
  2005   Full Year (.12)
  2004   Full Year (.03)
 
  
  
 Stock Data
 
 
Capitalization as of 03/31/2008:
 
 Authorized SharesOutstanding Shares
Preferred $0.0001 par5,000,000None
Common $0.0001 par25,000,0008,121,615so2
 
LONG TERM DEBT: None.
 
Common $0.0001 par
 
Stockholders:  03/24/2008, 83.
PRINCIPAL STOCKHOLDERS: March 24, 2008, Michael D. Trepeta owned or controlled 18.1% of the Common, Dean L. Julia 17.8%, Scott Novack 13.0%, Glenwood Capital Corporation 11.9% and Domenico Iannucci 9.7%.
 
Transfer Agent:  Continental Stock Transfer & Trust Co.   New York , NY
 
OTC Bulletin Board( Primary): AMKT
 
ExchangeYearHighLow
OTC Bulletin Board20072.05000.6500
OTC Bulletin Board20062.99000.7000
OTC Bulletin Board20053.50000.5000
 
DIVIDENDS: Common $0.0001 par: No cash.
 
 
  so2Excl. 23,334 in treas.