[XenaLives]

He's a BONAR BUDDY...

Leader Norman Tipton CEO
Norman Tipton
Chief Executive Officer
Trucept, Inc. is headed by Chief Executive Officer, Norman Tipton, a native of San Diego. For the past 10 years, he has served as Vice President and General Counsel of the company. Since 2007, Tipton has been an advisor to several publicly-traded company boards, including Allegiant Professional Business Services Inc. and Dalrada Financial Corp.

https://trucept.com/our-company/

All three shells have gone bust and been revived again and again.

[ulmadi]

Can anyone tell me what the connections are from TREP to DFCO.
Thanks

[XenaLives]

All BONAR stocks are junk stocks....

[FinsDontRule]

I feel like they have a good chance for that too!

[SPM555]

IMO $TREP will move back up to test it's long term ceiling in the upper teens, and ultimately break that to new long term highs. I don't know what that path will look like or how long it all takes, but I think both $TREP and $DFCO are setting up to run hard.

[FinsDontRule]

I keep waiting for this to be more established and settle much higher. And I keep getting let down.

[MR1906]

$trep LET’S GO!

[genlou]

I certainly hope so.

[MR1906]

Think that means Audited results this report?

[genlou]

Reason for Delay in Posting Financial Report: State below in reasonable detail why the Annual/Quarterly
Report could not be filed within the prescribed time period.
Outside CPA is still reviewing the financial statements.

[batty boots]

Here you go again. Dalrada has nothing to do with payroll services. Not relevant

[FinsDontRule]

Yep, not worried. Probably just one person getting tired of waiting.

[MR1906]

Looks like someone is dumping a bit today. Whelp, at least some movement, lol!

[MR1906]

I honestly don’t know at this point. Ping them on Twitter and let’s apply some pressure.

[FinsDontRule]

Are they really going to have audited financials? Or is that a bunch of fluff? Been holding for over a year now. I double my position when I heard they were going to get audited to add some legitimacy to their numbers. Is this just more penny-BS?

[MR1906]

Based on their most recent quarterly report, they still do provide accounting services, amongst several other offerings, (including this new marketing offering). And that’s part of their $4M most recent quarterly revenue reporting.

[MR1906]

Need management to come through on their promises (audited results ++ uplist), and $trep should re-rate higher based on fins and the associated news!

[XenaLives]

In 2018 BONAR and Tipton were pumping an accounting service.

*** SCAM ALERT ***

... see replied to post.

[genlou]

SAN DIEGO, CA – June 12th, 2023 – Trucept Inc. (OTC Pink: TREP) a leading provider of comprehensive business solutions, proudly announces today the establishment of its new marketing subsidiary, Afinida Marketing. This move is part of the company’s continued commitment to provide more comprehensive and innovative services to its clients.

Afinida Marketing is poised to offer a broad array of marketing services, from digital advertising and search engine optimization (SEO) to content creation, social media management, and market analytics. It is aimed at helping businesses to not only navigate, but also thrive in the rapidly evolving digital marketplace.

“This is a milestone in Trucept’s growth strategy,”says Norman Tipton, CEO of Trucept Inc. “Our mission has always been to empower businesses by handling their administrative functions, allowing them to focus on their core competencies. With the establishment of Afinida Marketing, we are now able to provide a full suite of marketing services tailored to the needs of our clients in the digital era.”

Afinida Marketing’s solutions will harness the power of artificial intelligence, big data, and the latest in marketing related technology tools aimed at providing clients with the most advanced and effective marketing strategies available.

“The formation of Afinida Marketing signifies our commitment to continuously evolve and adapt to the changing needs of businesses in the digital age”adds industry veteran and EVP of Sales and Marketing Kevin Brewer. “We are thrilled to be taking this step forward, and we believe it will bring immense value to our clients.”

For additional information, visit www.afinidamarketing.com
Go Back to All News

[XenaLives]

Typical BONAR move -- lots of smoke and mirrors...

then WHAM...

they're broke.

[MR1906]

Your question was/is fundamentally flawed; how is $trep not profitable?

[XenaLives]

So the fact that BONAR hasn't been involved with a single profitable public company for 20-30 years doesn't bother you????

[MR1906]

Nope, I am not! It’s a spec holding for me, but I am encouraged by managements continued execution and “plugging away” attitude for these many years. They got over the IRS hurdle and continue to operate and report good numbers (for an org of their size and scale). I think it’s only a matter of time but that’s just my opinion. Catalyst include audited results ++ potential uplist. For the latter not sure the deets on how that’ll happen, but management seems committed to achieve.

[XenaLives]

Are you happy with your rate of return? LOL!!!!

05/16/14	0.0039	0.0039	0.0039	0.0039	20,000 
 05/15/14	0.0039	0.0039	0.0039	0.0039	0 
 05/14/14	0.0039	0.0039	0.0039	0.0039	650 
 05/13/14	0.0045	0.0045	0.003	0.0039	150,175 
 05/09/14	0.009	0.009	0.009	0.009	0 
 05/08/14	0.006	0.01	0.0039	0.009	437,312 
 05/07/14	0.0038	0.0038	0.0038	0.0038	79,529 
 05/06/14	0.0037	0.0037	0.0037	0.0037	0 
 05/05/14	0.0037	0.0037	0.0037	0.0037	500 
 05/02/14	0.0037	0.0037	0.0037	0.0037	5,000 
 05/01/14	0.0037	0.0037	0.0037	0.0037	0 
 04/30/14	0.0037	0.0037	0.0037	0.0037	800 
 04/29/14	0.004	0.004	0.004	0.004	0 
 04/28/14	0.0037	0.004	0.0037	0.004	2,340 
 04/25/14	0.0037	0.0037	0.0037	0.0037	102 
 04/24/14	0.0037	0.0037	0.0037	0.0037	0 
 

[MR1906]

I originally bought STTN shares and I’m still a holder, didn’t loose my equity. Not sure I’d call that a “shell”?

[XenaLives]

TREP may not be currently defined as a shell - but BONAR has recycled it again and again (along with DFCO, STTN and perhaps other shells) for decades.

My 2012 post on this issue:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=74960793

What is a "Shell company"?


The term “shell company” is narrowly understood as a public limited company which has largely ceased its operative business but whose stock exchange listing still exists despite minimal sales turnover. In practice, these are usually former traditional companies of the Old Economy which have experienced an economic decline due to structural changes or severe management errors. The actual inventory which this comes from is structurally weak industries such as railway companies, breweries, mining companies or mechanical engineers. In addition to this are, of course, companies which came onto the stock-exchange at the peak of the New Economy in the late 1990s. In this case, it often became apparent very quickly that the business model was not sustainable and these companies either went into insolvency or were able to close down or sell all loss makers, and “survive” with the remaining assets.



The common factor for these companies, apart from the loss in operative sales revenues, is that, after a delivery versus payment (DvP) sale of the relatively easily payable asset items, only part of the remaining stock of hard-to-use basic assets remains, or other assets which are currently not sellable or only sellable with large depreciations. The stock exchange listing of the shell generally represents the deciding value for potential buyers. If the shell company is purchased, the company’s new owner can flexibly change the corporate purpose and incorporate its own forward-thinking business potential into the company.



Shell companies enable an alternative means of going public without the long-winded, complicated proceedings of the traditional IPO process. The entrepreneur controls the concept of going public itself and is not dominated by banks, advisors, lawyers and auditors. Shell companies offer the entrepreneur with a high degree of independence from its credit-providing banks through a quick and easy path to the stock exchange, and enable direct access to the capital market and therefore the acceptance of interest-free share capital (equity capital).



Shell companies also enable a clear increase in the popularity of the company through its future positioning in the capital market.

https://www.listedshell.com/

[MR1906]

News out

[genlou]

Not sure,could be the delay in Trucept's audit financials.



CEO Norman Tipton commented: “After careful consideration, and after receiving proposals from several firms, we have chosen RJI International CPA’s to audit Trucept’s financials for 2022. We proactively chose to change firms as the result of the prior firm’s performance that was hampered by the pandemic and other operating issues. RJI was founded over 40 years ago, and they bring a wealth of experience to the table. We look forward to working with RJI in 2023 and beyond.”

[JNdouble1]

Any thoughts on why this profitable company is not getting any attention in the market?

[genlou]

So am I.

[MR1906]

Thank you for re-posting. $trep keeps digging and I’m increasingly hopeful for audited results and uplist. Not sure how, but I’m tentatively optimistic

[genlou]

Net Income recording a 94% increase versus the same period last year (Q1 2022).

[genlou]

SAN DIEGO, May 15, 2023

SAN DIEGO, May 15, 2023 /PRNewswire/ -- Trucept Inc. (OTC Pink: TREP) today has released its First Quarter Financials. Trucept posted an impressive 381% increase in Operating Income, with Net Income recording a 94% increase versus the same period last year (Q1 2022). The company reported, that as compared to the same period last year, total Operating Expenses were down by 5%. Total revenue declined 8.7% for the quarter. This was attributed to normal cyclical variations in the existing customer base.

[XenaLives]

No interest in TREP...

 
 04/20/23	0.044	0.044	0.044	0.044	6,000 
 04/19/23	0.04	0.044	0.04	0.0437	51,700 
 04/18/23	0.04	0.041	0.04	0.041	83,515 
 04/17/23	0.031	0.036	0.031	0.036	24,515 
 04/13/23	0.0396	0.0438	0.0386	0.0386	44,100 
 04/12/23	0.0407	0.0407	0.0407	0.0407	10,000 
 04/11/23	0.044	0.044	0.044	0.044	7,502 
 04/10/23	0.044	0.044	0.0413	0.044	14,812 
 04/04/23	0.0393	0.0428	0.038	0.0428	46,250 
 04/03/23	0.039	0.0399	0.032	0.0371	565,815 
 03/31/23	0.0443	0.0443	0.0374	0.0374	389,600 
 03/30/23	0.0416	0.043	0.0381	0.0424	270,118 
 03/29/23	0.05	0.05	0.0435	0.0435	5,740 
 03/28/23	0.044	0.05	0.0415	0.05	152,100 
 03/27/23	0.0425	0.044	0.0425	0.044	30,000 
 03/23/23	0.04	0.0479	0.0325	0.0425	188,000 
 03/22/23	0.0431	0.0431	0.042	0.042	10,000 
 03/21/23	0.0449	0.0449	0.0449	0.0449	2,000 
 03/20/23	0.0438	0.0438	0.0438	0.0438	3,992 
 03/15/23	0.0382	0.0382	0.0382	0.0382	4,000 
 03/14/23	0.0421	0.0421	0.04	0.04	20,000 
 03/10/23	0.043	0.05	0.0426	0.043	88,501 
 03/08/23	0.0434	0.0434	0.0434	0.0434	1,063 
 03/06/23	0.047	0.047	0.047	0.047	10,000 
 03/03/23	0.047	0.047	0.047	0.047	320 
 03/02/23	0.048	0.048	0.048	0.048	10,000 
 03/01/23	0.048	0.055	0.048	0.048	11,235 
 02/28/23	0.06	0.06	0.0515	0.0533	30,000 
 02/22/23	0.047	0.057	0.047	0.05	14,305 
 02/21/23	0.057	0.057	0.057	0.057	100 
  
  
 

[XenaLives]

Do debt collectors gave up or BONAR paid in worthless stock...

... meaningless.

[MR1906]

Hello board, and yes the financials were on the OTC website over the weekend and the PR showed yesterday.

Total current liabilities 2021: $14,284,443
Total current liabilities 2022: $6,937,156

[XenaLives]

This guy belongs in jail:

see replied to post for original source

martind18

Re: None

Saturday, December 17, 2011 2:12:18 PM

Post#
14968
of 28803
Some history on Brian Bonar from businessweek.2011

Since some have mentioned Bonar's past experience.... lets be fair and look at all of it. I am sure he has some flops in this list.... there is something wrong if he doesnt.

Mr. Brian Bonar has been the President of Tradeshow Products Inc., since March 2008 and President of Smart-Tek Solutions Inc. since September 14, 2009. Mr. Bonar serves as Chief Executive Officer of Smart-Tek Automated Services, Inc. He has been the Chairman and Chief Executive Officer of Smart-Tek Solutions Inc., since March 12, 2010. He has been the Chief Financial Officer, Treasurer and Secretary of Smart-Tek Solutions Inc. since March 12, 2010 and serves as its Principal Accounting Officer. He serves as Secretary and Chairman of Warning Management Services Inc. Mr. Bonar has been an Acting Chief Executive Officer of Amanda Co. Inc. since April 1, 2000 and serves as its Chief Financial Officer. He served as an Executive Chairman and Chief Executive Officer of Dalrada Financial Corp. since 2001. Mr. Bonar served as Chief Executive Officer of Warning Management Services Inc. from February 4, 2004 to January 2007 and its Principal Accounting Officer until January 2007. Mr. Bonar served as Chief Executive Officer of The Solvis Group Inc. He has over 18 years of experience with IBM in Europe, Asia and the USA and an additional 20 years in high growth companies both private and public in various locations in the USA and the United Kingdom. From September 2007 to 2009, Mr. Bonar founded AMS Outsourcing, a PEO focusing mainly in the transport market place and also established an international presence in the Czech Republic and Mexico. Mr. Bonar served as the President of Allegiant Professional Business Services, Inc., from March 2008 to December 2010 and served as its Principal Financial Officer until December 1, 2010. Mr. Bonar served as Acting Chief Executive Officer of The Solvis Group of Dalrada Financial Corp. Mr. Bonar served as an Executive Vice President of Dalrada Financial Corp. since September 1994 and Chief Operating Officer from July 1997 to June 2004. He served as an Acting Chief Financial Officer of Dalrada Financial Corp. since December 2003. Mr. Bonar served as Acting Chief Accounting Officer of Dalrada Financial Corp. Mr. Bonar served as Vice President of Sales and Marketing of Dalrada Financial Corp., from April 1994 to September 1994. Mr. Bonar served as Director of Technology Sales of Dalrada Financial Corp. from August 1992 to April 1994. Mr. Bonar served as Vice President of Worldwide Sales and Marketing at Bezier Systems Inc., from 1991 to 1992. Mr. Bonar served as Vice President of Sales and Marketing at Rastek Corp., from 1988 to 1990. He served as Worldwide Sales Manager of Adaptec Inc. from 1990 to 1991. Mr. Bonar served at IBM U.K. Ltd. for approximately 17 years. Mr. Bonar served as Executive Director of Engineering at QMS Inc. from 1984 to 1988. Mr. Bonar has been Chairman of Amanda Co. Inc., since April 1, 2000 and Director since November 30, 1999. Mr. Bonar served as the Chairman of The Solvis Group, Inc. since January 28, 2003. He served as Chairman of the Board of Directors of Greenland Corp. since January 2003 and Director from 2003 to 2004. He has been Director of Smart-Tek Solutions Inc., since May 2009. He has been a Director of Tradeshow Products Inc., since March 2008. He serves as Director of American Marine LLC, Alliance National Insurance Company and The Boys and Girls Club of Greater San Diego.He has been a Director of Warning Management Services Inc., since February 4, 2004. He served as a Director of The Solvis Group, Inc. since February 2000. Mr. Bonar was a Director of Allegiant Professional Business Services, Inc. Mr. Bonar holds the Honorary title, Lord Bonar of Wilcrick, Cardiff, Wales United Kingdom. He received a BSC in Mechanical Engineering from the Strathclyde University, Glasgow Scotland and an MBA and a PhD in the field of International Business Development Studies from the Stafford University, England UK.

Collapse Detail





CORPORATE HEADQUARTERS*
11956 Bernardo Plaza Drive
San Diego, California 92128

United States

Phone: [phone]
Fax: [phone]
Board Members MEMBERSHIPS*

1999-N/A

Former Interim Chairman of the Board and Chief Executive Officer

Pen Interconnect Inc.

1999-Present

Chairman of the Board, Acting Chief Executive Officer and Chief Financial Officer

Amanda Co. Inc., The

2000-N/A

Former Chairman

The Solvis Group, Inc.

2001-N/A

Former Executive Chairman and Chief Executive Officer

Dalrada Financial Corporation

2003-N/A

Former Director

Greenland Corp.

2004-Present

Chairman and Secretary

Warning Management Services Inc.

2008-Present

Director

Allegiant Professional Business Services, Inc.

2009-Present

Chairman, Chief Executive Officer, President Chief Financial Officer, Principal Accounting Officer, Treasurer and Secretary

Smart-Tek Solutions Inc.

EDUCATION*

BS

University of Strathclyde

PhD

Staffordshire University

MBA

Staffordshire University

OTHER AFFILIATIONS*

Dalrada Financial Corporation

Pen Interconnect Inc.

Greenland Corp.

The Solvis Group, Inc.

Amanda Co. Inc., The

Warning Management Services Inc.

Staffordshire University

University of Strathclyde

Allegiant Professional Business Services, Inc.

Smart-Tek Automated Services, Inc.


ANNUAL COMPENSATION*



Salary

$162,496



Total Annual Compensation

$162,496


STOCK OPTIONS*



All Other Compensation

$60,000


TOTAL COMPENSATION*



Total Annual Cash Compensation

$222,496



Total Short Term Compensation

$162,496



Other Long Term Compensation

$60,000



Total Calculated Compensation

$222,496



*Data is at least as current as the most recent Definitive Proxy.

[XenaLives]

NO LINK....

[XenaLives]

How come I can't find a link to the actual report? It should have been in the PR..

Something stinks and I think it's BONAR, as usual....

[XenaLives]

BONAR is a very experienced CROOK...

No reason to put money into this trash....

All incarnations listed in the following are now defunct.

martind18

Re: None

Saturday, December 17, 2011 2:12:18 PM

Post# 14968 of 28792
Some history on Brian Bonar from businessweek.2011

Since some have mentioned Bonar's past experience.... lets be fair and look at all of it. I am sure he has some flops in this list.... there is something wrong if he doesnt.

Mr. Brian Bonar has been the President of Tradeshow Products Inc., since March 2008 and President of Smart-Tek Solutions Inc. since September 14, 2009. Mr. Bonar serves as Chief Executive Officer of Smart-Tek Automated Services, Inc. He has been the Chairman and Chief Executive Officer of Smart-Tek Solutions Inc., since March 12, 2010. He has been the Chief Financial Officer, Treasurer and Secretary of Smart-Tek Solutions Inc. since March 12, 2010 and serves as its Principal Accounting Officer.

He serves as Secretary and Chairman of Warning Management Services Inc.

Mr. Bonar has been an Acting Chief Executive Officer of Amanda Co. Inc. since April 1, 2000 and serves as its Chief Financial Officer.


He served as an Executive Chairman and Chief Executive Officer of Dalrada Financial Corp. since 2001.

Mr. Bonar served as Chief Executive Officer of Warning Management Services Inc. from February 4, 2004 to January 2007 and its Principal Accounting Officer until January 2007.

Mr. Bonar served as Chief Executive Officer of The Solvis Group Inc.

He has over 18 years of experience with IBM in Europe, Asia and the USA and an additional 20 years in high growth companies both private and public in various locations in the USA and the United Kingdom.

From September 2007 to 2009, Mr. Bonar founded AMS Outsourcing, a PEO focusing mainly in the transport market place and also established an international presence in the Czech Republic and Mexico.

Mr. Bonar served as the President of Allegiant Professional Business Services, Inc., from March 2008 to December 2010 and served as its Principal Financial Officer until December 1, 2010. Mr. Bonar served as Acting Chief Executive Officer of The Solvis Group of Dalrada Financial Corp.

Mr. Bonar served as an Executive Vice President of Dalrada Financial Corp. since September 1994 and Chief Operating Officer from July 1997 to June 2004. He served as an Acting Chief Financial Officer of Dalrada Financial Corp. since December 2003. Mr. Bonar served as Acting Chief Accounting Officer of Dalrada Financial Corp. Mr. Bonar served as Vice President of Sales and Marketing of Dalrada Financial Corp., from April 1994 to September 1994. Mr. Bonar served as Director of Technology Sales of Dalrada Financial Corp. from August 1992 to April 1994.

Mr. Bonar served as Vice President of Worldwide Sales and Marketing at Bezier Systems Inc., from 1991 to 1992. Mr. Bonar served as Vice President of Sales and Marketing at Rastek Corp., from 1988 to 1990. He served as Worldwide Sales Manager of Adaptec Inc. from 1990 to 1991. Mr. Bonar served at IBM U.K. Ltd. for approximately 17 years. Mr. Bonar served as Executive Director of Engineering at QMS Inc. from 1984 to 1988.

Mr. Bonar has been Chairman of Amanda Co. Inc., since April 1, 2000 and Director since November 30, 1999.

Mr. Bonar served as the Chairman of The Solvis Group, Inc. since January 28, 2003. He served as Chairman of the Board of Directors of Greenland Corp. since January 2003 and Director from 2003 to 2004.

He has been Director of Smart-Tek Solutions Inc., since May 2009. He has been a Director of Tradeshow Products Inc., since March 2008.

He serves as Director of American Marine LLC, Alliance National Insurance Company and The Boys and Girls Club of Greater San Diego.

He has been a Director of Warning Management Services Inc., since February 4, 2004. He served as a Director of The Solvis Group, Inc. since February 2000. Mr. Bonar was a Director of Allegiant Professional Business Services, Inc.

Mr. Bonar holds the Honorary title, Lord Bonar of Wilcrick, Cardiff, Wales United Kingdom. He received a BSC in Mechanical Engineering from the Strathclyde University, Glasgow Scotland and an MBA and a PhD in the field of International Business Development Studies from the Stafford University, England UK.



CORPORATE HEADQUARTERS*
11956 Bernardo Plaza Drive
San Diego, California 92128

United States

Phone: [phone]
Fax: [phone]
Board Members MEMBERSHIPS*

1999-N/A

Former Interim Chairman of the Board and Chief Executive Officer

Pen Interconnect Inc.

1999-Present

Chairman of the Board, Acting Chief Executive Officer and Chief Financial Officer

Amanda Co. Inc., The

2000-N/A

Former Chairman

The Solvis Group, Inc.

2001-N/A

Former Executive Chairman and Chief Executive Officer

Dalrada Financial Corporation

2003-N/A

Former Director

Greenland Corp.

2004-Present

Chairman and Secretary

Warning Management Services Inc.

2008-Present

Director

Allegiant Professional Business Services, Inc.

2009-Present

Chairman, Chief Executive Officer, President Chief Financial Officer, Principal Accounting Officer, Treasurer and Secretary

Smart-Tek Solutions Inc.

EDUCATION*

BS

University of Strathclyde

PhD

Staffordshire University

MBA

Staffordshire University

OTHER AFFILIATIONS*

Dalrada Financial Corporation

Pen Interconnect Inc.

Greenland Corp.

The Solvis Group, Inc.

Amanda Co. Inc., The

Warning Management Services Inc.

Staffordshire University

University of Strathclyde

Allegiant Professional Business Services, Inc.

Smart-Tek Automated Services, Inc.


ANNUAL COMPENSATION*



Salary

$162,496



Total Annual Compensation

$162,496


STOCK OPTIONS*



All Other Compensation

$60,000


TOTAL COMPENSATION*



Total Annual Cash Compensation

$222,496



Total Short Term Compensation

$162,496



Other Long Term Compensation

$60,000



Total Calculated Compensation

$222,496



*Data is at least as current as the most recent Definitive Proxy.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=70047068