ST. PETERSBURG, Fla., June 1, 2010 (GLOBE NEWSWIRE) -- American Community Development Corp. (Pink Sheets:ACYD) announced today that it has retained William Thompson and TV, Inc. for their specialized direct response and marketing services.
The firm has an international reputation for accomplishing brand awareness campaigns, as well as effective communication systems and processes for clients, shareholders and general stakeholders.TV, Inc. is a major force in the marketing of products, services, political agendas, cause marketing and image development. For over 30 years, they have provided their clients with immediate access to the marketplace using Innovative Marketing Strategies that are both highly effective & economical.
American Community Development Group, Inc. (ACDG) is a for-profit corporation founded to provide economic support and management guidance to the nonprofit community to assist their support of various economically distressed citizens. We believe in the concept of "Social Entrepreneurship" as stewards of our own and our investors' resources while also creating strong economic returns on capital.
ACDG has chosen this growth field because it offers stable growth and a socially conscious application of the talents of the founders. ACDG has signed agreements with non-profits that have been providers of services and that operate missions for the homeless, ex-offenders, drug and alcohol programs and housing facilities for other disadvantaged persons in the Tampa Bay, Florida area.
Affordable Housing
ACDG is acquiring interests in multi-family, affordable housing and other high occupancy commercial real estate properties. ACDG will break new ground as a national provider of these affordable housing services by specializing in residents that have been previously under-served. As a for-profit company, ACDG has the ability to acquire, renovate and manage group housing, primarily apartments and mobile home parks. ACDG dramatically increases cash flow through greater population density combined with efficient and professional property management.
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.