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Afinida Announces 90% Growth In Payroll Processing RevenuePress Release | 08/10/2021
A subsidiary of Trucept Inc. (OTC Pink: TREP), Afinida, is one of the country’s fastest-growing full-service payroll solutions providers. The Company has expanded its physical presence to the Northeast to accommodate the ongoing growth of its payroll services division. Now operating in 47 states, Afinida’s professional services include turn-key payroll processing, cloud-based payroll software, direct deposit management, wage garnishments, W2 processing, and consulting services.
Julie Neill, Chief Operating Officer at Afinida, and a Trucept Board Member states: “We are pleased to announce that we are currently experiencing record increases in our payroll processing product line. Q1 saw revenue grow by over 18%, with Q2 producing a staggering 90% increase, year over year.” She went on to say: “The significant growth is directly attributed to the best-in-class, personalized service offered by Afinida.”
Unlike most payroll firms with a national footprint, Afinida prides itself on a unique, highly personalized customer experience, anchored by a dedicated Account Manager for every client. This gives Afinida one of the most responsive customer experience models in the payroll processing industry.
Afinida’s parent company, Trucept, offers professional services that help businesses navigate growth. The company’s professional services now encompass the following:
Marketing, technology, and Accessibility Act compliance services
Insurance offerings and third-party administrator (TPA) services
Payroll
Human resources and management
Employee benefits administration
Accounting support
Safety and risk management
Afinida Announces 90% Growth In Payroll Processing RevenuePress Release | 08/10/2021
A subsidiary of Trucept Inc. (OTC Pink: TREP), Afinida, is one of the country’s fastest-growing full-service payroll solutions providers. The Company has expanded its physical presence to the Northeast to accommodate the ongoing growth of its payroll services division. Now operating in 47 states, Afinida’s professional services include turn-key payroll processing, cloud-based payroll software, direct deposit management, wage garnishments, W2 processing, and consulting services.
Julie Neill, Chief Operating Officer at Afinida, and a Trucept Board Member states: “We are pleased to announce that we are currently experiencing record increases in our payroll processing product line. Q1 saw revenue grow by over 18%, with Q2 producing a staggering 90% increase, year over year.” She went on to say: “The significant growth is directly attributed to the best-in-class, personalized service offered by Afinida.”
Unlike most payroll firms with a national footprint, Afinida prides itself on a unique, highly personalized customer experience, anchored by a dedicated Account Manager for every client. This gives Afinida one of the most responsive customer experience models in the payroll processing industry.
Afinida’s parent company, Trucept, offers professional services that help businesses navigate growth. The company’s professional services now encompass the following:
Marketing, technology, and Accessibility Act compliance services
Insurance offerings and third-party administrator (TPA) services
Payroll
Human resources and management
Employee benefits administration
Accounting support
Safety and risk management
Think about the patience I've had and confidence in this thing.
A 2011 post detailing FACTS about BONAR.
He is a crook.
No "relief" in sight - BONAR is a crook.
A 2011 post detailing FACTS about BONAR.
He is a crook.
I’m wondering about a little “relief” bounce.
A subsidiary of Trucept Inc. (OTC Pink: TREP), Afinida, is one of the country’s fastest-growing full-service payroll solutions providers. The Company has expanded its physical presence to the Northeast to accommodate the ongoing growth of its payroll services division. Now operating in 47 states, Afinida’s professional services include turn-key payroll processing, cloud-based payroll software, direct deposit management, wage garnishments, W2 processing, and consulting services.
Julie Neill, Chief Operating Officer at Afinida, and a Trucept Board member states, “We are thrilled to be expanding our footprint on the East Coast. This will ensure our clients the highest level of service in all states, making us even more competitive. We have gained a reputation for outstanding customer service, and our new operating location will add even more value to our client relationships.”
The facility, located at 923 Haddonfield Rd. Suite 300, Cherry Hill, NJ 08002, will house the East Coast Operations Center. Hours of operation are 8:00 AM to 8:00 PM EST.
Neill concludes, “This expansion will help cement our presence in the business-friendly northeast region, and it will give us a permanent home to our amazing employees in the area.”
Afinida’s parent company, Trucept, offers professional services that help businesses navig
A subsidiary of Trucept Inc. (OTC Pink: TREP), Afinida, is one of the country’s fastest-growing full-service payroll solutions providers. The Company has expanded its physical presence to the Northeast to accommodate the ongoing growth of its payroll services division. Now operating in 47 states, Afinida’s professional services include turn-key payroll processing, cloud-based payroll software, direct deposit management, wage garnishments, W2 processing, and consulting services.
Julie Neill, Chief Operating Officer at Afinida, and a Trucept Board member states, “We are thrilled to be expanding our footprint on the East Coast. This will ensure our clients the highest level of service in all states, making us even more competitive. We have gained a reputation for outstanding customer service, and our new operating location will add even more value to our client relationships.”
The facility, located at 923 Haddonfield Rd. Suite 300, Cherry Hill, NJ 08002, will house the East Coast Operations Center. Hours of operation are 8:00 AM to 8:00 PM EST.
Neill concludes, “This expansion will help cement our presence in the business-friendly northeast region, and it will give us a permanent home to our amazing employees in the area.”
Afinida’s parent company, Trucept, offers professional services that help businesses navig
I'm still a believer that this stock is poised for some huge gains.
Recent filings - NO BUSINESS PLAN and totally incoherent.
Recent filings provide all the fundamentals we need
This is a BONAR stock...
... there are no fundamentals.
The fundamentals needs to be pointed the right way.
TREP has come to a spot where I think it could attract some attention.
no problem, i have time, this one will be gold.
Look also at PXHI, extremely undervalued, and nobody sees it. i'm even more alone there...
Maybe so, but their recent filing proves they're still making $$!
BONAR shells always suck..
I was wondering the same thing. I looked on OTC site and haven’t found any news. Last place to look is Silverfume for filings. If nothing there my gut based on recent weird trading is that someone(s) know something is coming. But just a guess
Be patient this will pay off just waiting with my fishing pole in the water for that big one.
When tho? Seems $trep is taking FOREVER and mgmt is providing no updates re audited results not uplist?
I know there are positive outcome over here.
Large bids out there but no one is willing to sell lower and no one is willing to buy higher :(
Trep seems stuck
Daily shorting stats are pretty much irrelevant.
Just like TREP financials. This BONAR hot mess won't last long.
Lots of hard work may be closer than ever now to paying off for all of us!
$TREP Trucept Inc. helps organizations focus on growing their business. With a dedicated suite of powerful tools and services designed to put business owners in charge of running their businesses, Trucept tackles a variety of administrative needs and provides a host of value-added advantages. The company offers expert business services in the form of payroll, human resources and management, employee benefits, accounting support, safety and risk management, and marketing and technology services. For more information, call 858-798-1620 or visit https://truceptservices.com/.
Trucept Inc. (OTC Pink: $TREP) has released its updated financials for Q1 2021. The company has experienced another consecutive quarter of profitability, as Trucept reported revenues of $3.8 million for the period (an increase from 48.76 percent over the previous year). https://finance.yahoo.com/news/kulr-technology-group-issued-special-130000691.html
https://otcshortreport.com/company/TREP
I found this interesting and was a bit surprised honestly.
Thoughts re 1) who and why? 2) impact on PPS up to this point? 3) short interest impact going forward?
Thx in advance!
Yep! The other day I was shocked how far it momentarily dropped.
Up day so far.
Trucept Inc. $TREP Announces First Quarter 2021 Results @jctb1 https://finance.yahoo.com/news/trucept-inc-announces-first-quarter-120100782.html
IMO - the debt was probably declared uncollectable and expired after 10 years. That seems to be the way BONAR operates.
Thank you. I still need to take a deeper dive but your perspective is appreciated. Maybe the IRS liabilities they settled last year and presumably are currently paying off are skewing/reflected in the numbers?
LOL!!! What about expenses and what is BONAR'S cut?
Operating income was 709.642 last quarter.... compared to 49.515 the same quarter in 2020. Net income was 672,967 last quarter. Operating income was just 49.515 the same quarter in 2020. The net income of 1,989,121 was due to tax variance in 2020,whatever that it.If it had not been for the tax variance the company would have lost money in 2020.
The 672,967 last quarter is pure income.
https://backend.otcmarkets.com/otcapi/company/financial-report/284438/content
I continue to like TREP. TREP is the only stock I am aware that trades for less than .07 a share. Yet, earned 672,967 last quarter. And has only 52.912,123 shares outstanding.I would have been a little concern,if TREP had lost money last quarter. And if the CEO's written statements about the company had changed from positive to negative. Even without the audit it is hard the believe TREP's pps is so low. When so many stocks are trading at a much higher pps with no income and so many shares outstanding. I do hope the audit will be completed very soon.
Yeah and that’s down from $0.04 the prior quarter! I am a shareholder but I gotta be honest that I did NOT like this report! Took in more revenues but such a big drop in net revs? I also noticed total liabilities decreased so I’m still confused (and need to read report on computer vs phone), what the hell happened in the middle between the top line and bottom line numbers! I also didn’t understand why the hell we need all these loans from Bonar especially given the big interest payouts he gets as outlined in the same report with maturity dates!!! Something is fishy here unless someone can help me understand
Yeah and that’s down from $0.04 the prior quarter! I am a shareholder but I gotta be honest that I did NOT like this report! Took in more revenues but such a big drop in net revs? I also noticed total liabilities decreased so I’m still confused (and need to read report on computer vs phone), what the hell happened in the middle between the top line and bottom line numbers! I also didn’t understand why the hell we need all these loans from Bonar especially given the big interest payouts he gets as outlined in the same report with maturity dates!!! Something is fishy here unless someone can help me understand
Net income last quarter 672,967 .01 per share.
$TREP CEO Norman Tipton said he extremely pleased with the results. "We are in an exciting period for Trucept," he said. "Our core business and subsidiaries continue to thrive and we are making progress on financial audits which will allow the company to uplist on the OTCQB."
Trucept Inc. $TREP Announces First Quarter 2021 Results https://finance.yahoo.com/news/trucept-inc-announces-first-quarter-120100782.html
I am glad TREP was profitable last quarter.I like the fact the company keeps investors informed.The financial audits will be completed and the company will uplist on the OCTQB.
The company has experienced another consecutive quarter of profitability, as Trucept reported revenues of $3.8 million for the period (an increase from 48.76 percent over the previous year).
Trucept Inc. Announces First Quarter 2021 Results
SAN DIEGO--(BUSINESS WIRE)-- Trucept Inc. (OTC Pink: TREP) has released its updated financials for Q1 2021. The company has experienced another consecutive quarter of profitability, as Trucept reported revenues of $3.8 million for the period (an increase from 48.76 percent over the previous year).
CEO Norman Tipton said he extremely pleased with the results. “We are in an exciting period for Trucept,” he said. “Our core business and subsidiaries continue to thrive and we are making progress on financial audits which will allow the company to uplist on the OTCQB.”
PROFESSIONAL SERVICES
Trucept’s professional services help businesses navigate growth. The company’s professional services now encompass the following:
Marketing, technology, and Accessibility Act compliance services
Insurance offerings and third-party administrator (TPA) services
Payroll
Human resources and management
Employee benefits administration
Accounting support
Safety and risk management
About Trucept Inc.
Trucept Inc. helps organizations focus on growing their business. With a dedicated suite of powerful tools and services designed to put business owners in charge of running their businesses, Trucept tackles a variety of administrative needs and provides a host of value-added advantages. The company offers expert business services in the form of payroll, human resources and management, employee benefits, accounting support, safety and risk management, and marketing and technology services. For more information, call 858-798-1620 or visit https://truceptservices.com/.
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