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I sold at .40
Nice Job, I am still on the EFTR train since .60 I did DD on it and truely believe it is going to go for a while. Totally solid stock.
RCRT: Hey there, Capt. DK-11!! (Yep, it was a decent one; I got the pick from iHub's "SubsLover", "Monk", "Mark", "TheFinalCD", et al., over on "OrionsMoneyStocks" board --- naturally!!)
PS: And indeed, that @TMNA circus sideshow has just about run out of popcorn & peanuts.
Nice ride Invest, I wouldn't want to be EZ right now, he is really taking a beating with TMNA
Yea, baby! RCRT strong like bull today! LMAO at your local Starbucks hahahahaha you're just too much!!
NEW YORK, NY / ACCESSWIRE / June 6, 2023 / Recruiter.com Group, Inc. (NASDAQ:RCRT)(NASDAQ:RCRTW) ("Recruiter.com" or "Recruiter"), a recruiting solutions provider, has signed a definitive agreement (the "Agreement") for a planned purchase of the fintech assets of GoLogiq, Inc. (OTC:GOLQ) ("GoLogiq"), a U.S.-based global provider of fintech and consumer data analytics.
Under the terms of the Agreement, and subject to satisfaction of certain closing conditions, Recruiter.com will acquire GoLogiq's CreateApp, PayLogiq (operating as AtozPay™), GoLogiq (operating as AtozGo™), and Radix™ businesses and related assets that comprise a suite of mobile commerce, e-wallet and mobile payment and big data analytics platforms. In consideration for these assets, GoLogiq is to receive common stock of Recruiter.com equal to approximately 84% of Recruiter.com, with existing Recruiter.com stockholders initially maintaining approximately 16%.
Recruiter and GoLogiq plan to review the market capitalization of Recruiter six months following the closing of the business combination. If the market capitalization of the combined company is at least $130 million at that time, additional shares may be issued to GoLogiq. The company plans to increase its market capitalization through the combination of the generation of revenues utilizing the acquired mobile banking assets as well as through the consummation of several planned and proposed acquisitions that involve existing revenue generating businesses.
The Agreement values the combined companies at approximately $105 million, substantially above the current market capitalization of Recruiter.com. Recruiter.com will continue to be listed on the Nasdaq Capital Market and plans to change its name to a name and branding that would reflect the new fintech focus of the company.
GoLogiq plans to continue to be quoted on the OTC Markets and maintain the GammaRey operating subsidiary it recently acquired. As a result of the transaction, GoLogiq is only changing the structure of a portion of its asset base from mobile technology assets to the anticipated receipt of the Recruiter Nasdaq-listed shares. Given GoLogiq's new focus on asset management that was created by the GammaRey acquisition, the board of GoLogiq believes this transaction with Recuiter.com will create greater shareholder value versus maintaining the assets itself.
GoLogiq plans to distribute the Recruiter shares to its shareholders via a special distribution/dividend when permissible under state and federal securities laws. GoLogiq also plans to change its name and branding to reflect the new asset management focus of the company, and will continue to pursue business and additional acquisitions in line with its GammaRey platform.
Concurrent with the closing of the business combination, Recruiter.com plans to spin out the existing operating business and assets of Recruiter.com into a newly created company which would be publicly traded on the OTC Markets. For every share held of Recruiter.com, Recruiter shareholders will receive via a special distribution a to-be-determined number of shares of the spin-out company. Such shares would be in addition to their retained ownership in the newly combined Nasdaq-traded company. As a result of the two transactions, shareholders of record of Recruiter.com as of the record date will hold two publicly traded securities, those of Recruiter.com and those of the new OTC spin-out company.
"We are thrilled to announce this significant milestone for Recruiter.com shareholders," said Evan Sohn, CEO of Recruiter.com. "We believe the combined transactions will unlock significant value for our shareholders while creating a new structure under which the existing Recruiter.com business can thrive."
GoLogiq CEO, Brent Suen, commented: "Through this transaction, we believe we have formed a company with an exciting growth strategy based on a solid foundation of valuable assets, both financial and human. Given the extensive pipeline of potential Fintech acquisitions that will be enabled by the Nasdaq listing, we anticipate it will bring many benefits to all stakeholders."
RCRT is a nice Company that rarely holds gains. Maybe this time?
RCRT: And, of course, NO monster (skyrocketing) distractions today across the Markets; thereby maintaining traders' focus upon THIS cute puppy (hopefully).
Holding gains so far today
RCRT: NICE to have an EASY one, at least once-in-awhile!!!
ZERO BORROW,not shortable or optionable!!
Incoming co. Pps $1.57 ,52 week high $7.00
Recruiter.com Announces Business Combination with GoLogiq to Create a Global Platform Company in the Fintech Sector
Proposed Simultaneous Asset Purchase and Spin-Out Re-Aligns the Business and Assets of Two Public Companies, Creating a Nasdaq-listed Company Structured to Optimize Shareholder Value
NEW YORK, NY / ACCESSWIRE / June 6, 2023 / Recruiter.com Group, Inc. (NASDAQ:RCRT)(NASDAQ:RCRTW) ("Recruiter.com" or "Recruiter"), a recruiting solutions provider, has signed a definitive agreement (the "Agreement") for a planned purchase of the fintech assets of GoLogiq, Inc. (OTC:GOLQ) ("GoLogiq"), a U.S.-based global provider of fintech and consumer data analytics.
Under the terms of the Agreement, and subject to satisfaction of certain closing conditions, Recruiter.com will acquire GoLogiq's CreateApp, PayLogiq (operating as AtozPay™), GoLogiq (operating as AtozGo™), and Radix™ businesses and related assets that comprise a suite of mobile commerce, e-wallet and mobile payment and big data analytics platforms. In consideration for these assets, GoLogiq is to receive common stock of Recruiter.com equal to approximately 84% of Recruiter.com, with existing Recruiter.com stockholders initially maintaining approximately 16%.
Recruiter and GoLogiq plan to review the market capitalization of Recruiter six months following the closing of the business combination. If the market capitalization of the combined company is at least $130 million at that time, additional shares may be issued to GoLogiq. The company plans to increase its market capitalization through the combination of the generation of revenues utilizing the acquired mobile banking assets as well as through the consummation of several planned and proposed acquisitions that involve existing revenue generating businesses.
The Agreement values the combined companies at approximately $105 million, substantially above the current market capitalization of Recruiter.com. Recruiter.com will continue to be listed on the Nasdaq Capital Market and plans to change its name to a name and branding that would reflect the new fintech focus of the company.
GoLogiq plans to continue to be quoted on the OTC Markets and maintain the GammaRey operating subsidiary it recently acquired. As a result of the transaction, GoLogiq is only changing the structure of a portion of its asset base from mobile technology assets to the anticipated receipt of the Recruiter Nasdaq-listed shares. Given GoLogiq's new focus on asset management that was created by the GammaRey acquisition, the board of GoLogiq believes this transaction with Recuiter.com will create greater shareholder value versus maintaining the assets itself.
GoLogiq plans to distribute the Recruiter shares to its shareholders via a special distribution/dividend when permissible under state and federal securities laws. GoLogiq also plans to change its name and branding to reflect the new asset management focus of the company, and will continue to pursue business and additional acquisitions in line with its GammaRey platform.
Concurrent with the closing of the business combination, Recruiter.com plans to spin out the existing operating business and assets of Recruiter.com into a newly created company which would be publicly traded on the OTC Markets. For every share held of Recruiter.com, Recruiter shareholders will receive via a special distribution a to-be-determined number of shares of the spin-out company. Such shares would be in addition to their retained ownership in the newly combined Nasdaq-traded company. As a result of the two transactions, shareholders of record of Recruiter.com as of the record date will hold two publicly traded securities, those of Recruiter.com and those of the new OTC spin-out company.
"We are thrilled to announce this significant milestone for Recruiter.com shareholders," said Evan Sohn, CEO of Recruiter.com. "We believe the combined transactions will unlock significant value for our shareholders while creating a new structure under which the existing Recruiter.com business can thrive."
GoLogiq CEO, Brent Suen, commented: "Through this transaction, we believe we have formed a company with an exciting growth strategy based on a solid foundation of valuable assets, both financial and human. Given the extensive pipeline of potential Fintech acquisitions that will be enabled by the Nasdaq listing, we anticipate it will bring many benefits to all stakeholders."
Transaction Details
GoLogiq plans to transfer the aforementioned fintech assets into a special purpose subsidiary, GoLogiq SPV. The transaction is structured as a stock-for-stock reverse merger whereby all of the GoLogiq SPV outstanding equity interests are to be exchanged for shares of Recruiter.com's common stock.
The boards of directors of both companies have unanimously approved the business combination. The transaction is expected to close in late third quarter or early fourth quarter of 2023, subject to satisfying certain closing conditions which include the completion of satisfactory due diligence by both parties and the receipt of shareholder approval by both companies.
All but one of the current directors of Recruiter will resign effective upon the closing of the transaction, and the existing directors of GoLogiq shall be appointed to the board of Recruiter, with Brent Suen appointed chairman.
Transaction Advisors
Joseph Gunnar & Co., LLC is acting as the exclusive financial advisor to Recruiter.com and GoLogiq in connection with the transaction. Lucosky Brookman LLP is serving as legal counsel to Recruiter.com, with Kline Law Group, LLP serving as legal counsel to GoLogiq.
About GoLogiq
GoLogiq Inc. is a U.S.-based global provider of fintech and mobile solutions for digital transformation and consumer data analytics. Its software platforms are comprised of CreateApp, a mobile app development and publishing platform for small-to-medium sized businesses; AtozGo™, a ‘hyper-local' app-based delivery platform; AtozPay™, an eWallet for mobile top-up, e-commerce purchases, bill payment and microfinance; and Radix™, a Big Data analytics platform.
About Recruiter.com Group
Recruiter.com is an on-demand recruiting platform providing flexible talent acquisition solutions that scale from startups to the Fortune 100. With an on-tap network of thousands of recruiting professionals and recruitment marketing automation, Recruiter.com helps businesses solve today's complex hiring challenges. To learn more, visit www.recruiter.com.
Please follow these social media channels for additional updates:
LinkedIn Recruiter Network Group: www.linkedin.com/groups/42370/
LinkedIn: www.linkedin.com/company/1240434
Twitter: twitter.com/recruiterdotcom
Facebook: www.facebook.com/RecruiterDotCom
No Regulatory Endorsement
INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN APPROVED OR DISAPPROVED BY THE SEC OR ANY OTHER REGULATORY AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS OF THE OFFERING OR THE ACCURACY OR ADEQUACY OF THE INFORMATION CONTAINED HEREIN. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.
No Offer or Solicitation
This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such o
Recruiter.com Launches AI-Driven Candidate Pitch Web Application
by
ACCESSWIRE
April 20, 2023 8:20 AM | 4 min read
https://www.benzinga.com/pressreleases/23/04/ac31911949/recruiter-com-launches-ai-driven-candidate-pitch-web-application
RCRT..............................https://stockcharts.com/h-sc/ui?s=RCRT&p=W&b=5&g=0&id=p86431144783
I was just talking to a guy whose friend runs this.......wow.......lol
Z
Was just a matter of time and it needs daily ask-kicking lol
$RCRT: BAMMMmmmmmmmmmmmmmmm.......... now 1.18
HALTED babby.
She back..... lets crack $2 today
GO $RCRT
Nice jump, No news that I can find.
My eyes are on this one
The volume jumped from 200,000 daily average to over 6 million shares yesterday. I think nearly 750,000 shares traded in after hours as high as $5.25
The offering was at $5.00. This stock could get interesting
Finally,,,geez,,
Pretty disappointing price per share action after the uplist and offering but I agree this is a sleeping giant if they execute. Recruiting segment is very strong and the CEO is featured on CNBC often.
Thinking this could be a multi bagger
Priced at low end, priced down at around pre-split level with warrant coverage. Weak!
RCRT moved to the Nasdaq from the OTC:
https://otce.finra.org/otce/dailyList?viewType=Deletions
They have anticipated a public offering price between $4.50 and $6.50 per unit in the last S1-a prospectus
RCRT one for 2.5 reverse split. **PPS closed at $4.34
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
Will be interesting to see what the market things the share price should be once it up lists. This R/S I believe the was the final hoop to jump through.
Post split share count i come up with is 5,604,334 (9,410,834/2.5 + 1,818,182 offering)
so at $6.5 share prices post split would only be a market cap of $36.4 million. This is actually less that is is currently trading right now. I dont see this as the likely post up list trading price.
$4.34 * 2.5 = 10.85 per share and a market cap of $60.8 Million that is where we stand now post offering shares and post reverse split.
I think with a $40 million revenue per year run rate this should at least trade at $200 Million market cap or $35.68 per share post split post offering.
1/2.5 Reverse Split today after the close, it's posted on the FINRA daily list: https://otce.finra.org/otce/dailyList
Price theoretically should open around $10 tomorrow, but the offering price of the warrants is $4.50 to $6.50, so it might open there instead.
I'm hoping that when this up lists in the next 15-30 days it will bring a lot of new eyes and volume. I also think the timing is perfect with Zip recruiter IPO at the same time. Could even get some more eyes this way with a comparison of Market cap and what a low revenue multiple this is trading at. Tie that together with the labor shortage and every company I know is utilizing recruiters to find talent which could lead to see some great organic subscription service growth.
That’s good to know about the profitability point. Thanks
Agreed. Always the trouble with start-ups. The CEO seems to think they should at least reach cash flow profitability at the $40 Million revenue point. They also have 28%-30% gross margins so you would believe it would be just a matter of scaling revenues will keeping overhead in check.
from 3/9/21 New release:
"We set off in 2020 to build out our platform, have scalable revenue, and end the year with a $10 million revenue run rate and a path for liquidity. With our 2020 objectives attained, our 2021 objectives are clear: continue to scale our platform revenue to a $40 million revenue run rate, achieve cash flow profitability, up-list on a national exchange, and continue to unlock the longer-term value of Recruiter.com as a billion-dollar brand."
Good write up. I think the only issue is they are still losing money. They lost -$1.5 million in Q4 and about -$6.6 million in all of 2020.
So the question is, can they become a profitable company. It looks like they are close to turning the corner within the next few quarters to profitability. We will see.
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$TRLI - Truli Media Group Inc.
Truli Media Group - Company OverView
Website http://www.truli.net/
Truli Media Group, Inc. operates in the media and social networking markets in the United States. The company operates as an aggregator of family-friendly, faith-based Christian content, media, music, and Internet Protocol television programming through its Website and multi-screen platform. It also serves as a collaborative, social networking site for members of the Christian community worldwide, allowing them to share and deepen their faith together. The company was founded in 2011 and is headquartered in Beverly Hills, California.
Recognizing a need for a simple and centralized library of faith-based subject matter combined with unifying social interaction, a team of ministry leaders, technicians, artists and business people gathered to meet this need.
The Truli team crafted a unique service to enhance the lives of faith-seekers while providing a platform for Christian ministries to expand their outreach and have personal interaction with those drawn to their respective ministries. Inspired by many of the key quotations of Christ, especially those starting with "Truly, truly I say unto you…", this innovative service became known simply as "Truli".
Truli Media Group was established and incorporated in 2011 and now has offices in Los Angeles, Dallas, Miami, Denver and Atlanta. Truli is led by an experienced team of industry and ministry leaders that collectively aggregate family-friendly, faith-based Christian content, media, music, film and IPTV (Internet Protocol TV) programming and manage a platform for collaborative, social networking amongst members of the Christian community worldwide, allowing them to share, communicate and deepen their faith together.
Truli Media Group Services
Sermons: http://www.truli.net/sermons
Music: http://www.truli.net/music
Entertainment: http://www.truli.net/entertainment
Movies and TV: http://www.truli.net/movies-and-entertainment
Education: http://www.truli.net/education
Shop: http://truli.christianbook.com/
Truli Media Group Business Partners
http://www.truli.net/search/content?f[0]=bundle%3Aministry_home_page
TRLI has quite the list of Business partners with the likes of Joel Osteen, Jack Graham and others.
Newest Partners
Jon Cope
trulicontent
MovieGuide
Casa de Dios
Summit Church
Marriage Today
Annabell's Kids
Cross The Bridge
PowerPoint Ministries
Jesus Loves His People
Celebrity Home Entertainment
Family of Faith Christian Church
Williams Temple Church of God In Christ
Pearls of Shalom Ministries, Theresa Westbrook
Iran for Christ Ministries (Reaching the Persian World with the Gospel of Jesus Christ)
See More Here http://www.truli.net/search/content?f[0]=bundle%3Aministry_home_page
Truli Media Group, Inc. is a fully reporting SEC company, publicly traded on the OTC Market under the symbol, "TRLI", and within the OTCQB market tier. As such, Business, Operational, and Financial information on TRLI is fully transparent and available to public view.
Visit: http://www.otcmarkets.com/stock/TRLI/company-info to see complete details.
Truli Media Group, Inc. is Active on the Nevada Secretary of State site:
https://www.sos.ok.gov/corp/corpInformation.aspx?id=1912361990
A/S : 500 Million
O/S : 49,997,938. as of November 16, 2012 40 Million Restricted on Merger
(Please note the share structure posted is what we have gathered but can change on a daily basis , please contact the company or transfer agent to get the most current information.)
Their latest 10-Q Report ~ Filed on 11/28/12 ~ For the period ending 9/30/12
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8937996
Incorporated In State /Yr : Ok, 2012.
Transfer Agent
Computershare Investor Services
114 West 11th St
Kansas City, MO 64105
Truli Media Group, Inc., formerly SA Recovery Corp. is a development-stage company that operates in the on-demand media and social networking markets. Truli, with a Website and multi-screen platform, operates as an aggregator of content, media, music and Internet Protocol television (IPTV) programming. In connection with the consummation of a triangular reorganization transaction on June 13, 2012, with Truli Media Group, LLC (Truli LLC) formed on October 19, 2011, the accounting acquirer, Truli Inc. changed its name to Truli Media Group, Inc. Truli has partnered with Limelight to provide the Company with its video management, encoding, and delivery. Truli uses Acquia for its site hosting. Truli utilizes services from Gigya for its social media integration. Truli has contracted with the main Drupal video developer to build additional video features into its site. It also utilizes many cloud based / Software As A Service (SAAS) systems for its internal infrastructure.
Headquarters | Suite 200 468 N. Camden Drive BEVERLY HILLS, CA, United States 90210 |
---|---|
Phone | 310-274-0224 |
Fax | -- |
Chairman of the Board, President, Chief Executive Officer, Chief Financial Officer, Principal Executive Officer, Principal Financial Officer | Michael Solomon |
---|---|
Director | Martin Pompadur |
News Disclaimer: The following is a Press Release we came across on Yahoo Finance News. We have no idea if the content of this news is based on Fact or Fiction. Although Yahoo Finance is a reputable company, you should NOT assume that a press wire hosted by Yahoo Finance is accurate just because it is on their site. Sizzling Stock Picks will not be held responsible for any news that is misleading or non-factual.
PR Newswire ~ (Mon, Jan 7)
Top Stocks on the Move: Petrosonic Energy Inc., Truli Media Group Inc., Cellceutix Corp., and OBJ Enterprises Inc.
http://finance.yahoo.com/news/top-stocks-move-petrosonic-energy-140000416.html
Marketwire ~ (Mon, Dec 17)
Michael Jay Solomon, Truli Media Group CEO, Named to The Dove Foundation Advisory Board
http://finance.yahoo.com/news/michael-jay-solomon-truli-media-110000255.html
Marketwire ~ (Wed, Dec 12)
Truli Media Group Enters China Market: Mandarin Language Content Seen Adding to Revenue in Q1-13
http://finance.yahoo.com/news/truli-media-group-enters-china-130000775.html
Marketwire ~ (Tue, Dec 4)
Truli Media Group Signs Joel Osteen Ministries to the Truli.Net Platform; America's Largest, Fastest Growing Church Viewed by 20 Million Monthly
http://finance.yahoo.com/news/truli-media-group-signs-joel-130000205.html
Contact Us
1174 N. Hillcrest Road
Beverly Hills, CA 90210
Website: http://www.truli.net
Phone: 310-274-0224
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