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Monday, October 29, 2018 10:43:57 AM
TREP Trucept, Inc. Revenues Exponentially increasing and Set to Soar! Company is already at $4,673,811 in Revs after Just the first 6 months of the year. Current market Cap is $2.7M which does not show true value. Revenues YTD is at $4.6M and a projected +$9.3M end of year REV.
Business Description & Operations
Trucept is located in Escondido, California. This organization primarily operates in the Payroll Accounting Service business / industry within the Engineering, Accounting, Research, and Management Services sector. This organization has been operating for approximately 23 years. Trucept is estimated to generate $27,000,000 in annual revenues, and employs approximately 4 people at this headquarters location and 7,000 total employees across all locations.
Trucept is the marketing arm of several nationally known Professional Employer Organizations.Trucept facilitates the sales for these PEOs and spun off its current payroll team while retaining its customer service platform. These moves allowed Trucept to leverage its extensive client contacts. Current Trucept clients will continue to be serviced by their familiar customer service associates.
Trucept, Inc. delivers employment and professional employer organization (PEO) services. The company’s wide range of services include human resource management, employee benefits, insurance, workers’ compensation, payroll management, safety management, training services, and more. In addition to Trucept’s human resource management business, the company provides temporary staffing services and a software licensing business that works with other staffing agencies. The company primarily targets small to medium size businesses and organizations within a variety of industries.
Employee benefits are a particular area of interest for Trucept, Inc. because they receive commissions on benefit sales, but most importantly, the company strives to deliver quality benefits that are generous and deliver value to the employee. Trucept, Inc. creates value for its business clients through outsourcing PEO and HR services that allows clients to focus on their core business and growth, provide superior employee benefits offerings that employees will want, and now streamline connecting workers and employers.
Trucept Inc. relieves clients from business operations tasks, including payroll processing, human resources support, workers' compensation insurance, safety programs, employee benefits, and other administrative and aftermarket services predominantly related to staffing. It also offers employee and employer benefits and aftermarket products.
Trucept provides professional employer organization (PEO) services.
PEO co-employment contract, the Company becomes the employer of record for client company employees for tax and insurance purposes. The client company continues to direct the employees’ day-to-day activities, and the Company charges a service fee for providing services.
Working with a PEO
A reputable PEO offers a variety of professional HR and business services. Typically, when you join a PEO, it’s an opportunity for you to outsource the bulk of your responsibilities, including:
*Employment administration
*Government compliance management
*Employee benefits
*Workers’ compensation
*Payroll and payroll tax administration
*Recruiting and hiring
*Policies and best practices
*Performance management
*Training and development
SS has not change in years.
Float has actually decreased by 178 shares. Yes you read that right, it decreased!
Trucept, Inc. Subsidiaries
*Smart Tek Automated Systems Inc.
we provide staffing and business processing services to small and medium sized businesses principally located in major business centers in the Unites States. We also provide a variety of financial services including: benefits and payroll administration, health and workers' compensation insurance programs, personnel records management, employer liability management, and full time and temporary staffing services. The services feature advising in coaching in recruitment, training and discipline and payment of employee wages, payroll taxes, state and federal unemployment insurance, claims, and workers compensation premiums. As part of our staffing services, Smart-Tek Automated can also provide recruitment, reference checks, initial interviews, pre-employment and random drug testing, and criminal background investigations
*Smart-Tek Automated Services, Inc.
www.smart-tekservices.com
Smart-Tek Automated Services Inc. (“STASI”) we provide professional employer organization (“PEO”) services. In a PEO co-employment contract, the Company becomes the employer of record for client company employees’ for tax and insurance purposes. The client company continues to direct the employees’ day-to-day activities, and Allegiant charges a service fee for providing services.
*Smart Tek Communications Inc
https://www.smart-tek.com/
Smart-Tek Communications Inc. (“SCI”) we specialize in the design and development of Radio Frequency Identification (RFID) integration, monitoring and tracking solutions to meet industry demands. SCI operates in the business of design, sale, installation and service of security technology with electronic hardware and software products. Our projects range from residential and commercial developments to system upgrades and monitoring contracts.
Recent News Highlights
*Trucept Inc. has published its second quarter results for 2018. The Company earned a net profit of approximately $260 thousand for the period ending June 30. Trucept reported revenues of $4,700,000 and a gross profit of $1,500,000.
*Trucept Inc. has published its first quarter results for 2018. The Company earned a net profit of approximately $129,000 for the period ending March 31. Trucept reported revenues of $2,100,000 and a gross profit of $700,000.
*Trucept Inc. has published its annual report for 2017. The Company earned a net profit of approximately $602,438 for the year ended December 31, 2017. For the year ending December 31, 2017 and 2016, revenues were $8,030,555 and $6,738,432 respectively, for an increase of $1,292,123 (+19.2%) over the same period in 2016.
During the first quarter 2016, Trucept, Inc. reported total revenue of over $1,300,000 and net income of $697,000.
*Trucept Inc. Files Third Quarter Report For 2017
Net profit of approximately $417,000 for nine-month period
*Trucept Inc. has filed its second quarter report for 2017. The Company earned a net profit of approximately $417,000 for the nine months ending September 30, 2017
*Trucept Inc. has filed the first quarter report for 2017. The Company earned revenues of $1,300,000 and net Income of $245,000.
CEO Norman Tipton said the company increased SG&A to focus on the growth of new sales.
*Trucept Inc. has filed its year-end report for 2016. The Company earned a net income of approximately $3,000,000 an increase of (+534%) over the prior year.
CEO Brian Bonar said he is delighted with the company's performance which continues to meet and exceed internal plans. While the company has reduced gross sales, it has also reduced operating expenses by $1,000,000 Gross profit increased by $630,000
*Trucept, Inc. Forecasts $60,000,000 in Revenue, Creates Uber-Like App for Staffing Industry
Major New App Release Aims To Disrupt Temp Staffing Industry
While there are other staffing agencies and companies that provide temporary employment solutions, Trucept, Inc. stands to be a major disruptor in the high-growth industry when it releases its Uber-like temporary staffing app in the coming weeks. The app is expected to deliver a similar experience to the Uber ride-sharing app, which will allow businesses to search for on-demand workers that are ready and able to work and close to their location. In other words, the app will be a whole new experience for connecting employees and employers. The company is not releasing too much more information before the launch in order to maintain secrecy and competitive edge from potential competitor copycat platforms.
http://emerginggrowth.com/trucept-inc-otc-pink-trep-forecasts-60-million-revenue-creates-uber-like-app-staffing-industry/
Trucept Inc. Looking to break $10,000,000+ in Revs this year! Revenues Exponentially increasing and Set to Soar with new CORE STRATEGY: Will Market Nationally Known PEOs! Company is already at $4,673,811 in Revs after Just the first 6 months of the year. Historically Trucept Inc Revs are much greater the second part of the year. In 2017, Q4 Revs nearly Quadrupled to $4,362,442 in Q4 alone. See the numbers for yourself below.
[img][/img]
DD Packed Video of TREP
By Xray07
I made a 12 Minute Video about TREP, i think i share important information for about TREP. Hope you see the Value in 12 Minutes...
Business Description & Operations
Trucept is located in Escondido, California. This organization primarily operates in the Payroll Accounting Service business / industry within the Engineering, Accounting, Research, and Management Services sector. This organization has been operating for approximately 23 years. Trucept is estimated to generate $27,000,000 in annual revenues, and employs approximately 4 people at this headquarters location and 7,000 total employees across all locations.
Trucept is the marketing arm of several nationally known Professional Employer Organizations.Trucept facilitates the sales for these PEOs and spun off its current payroll team while retaining its customer service platform. These moves allowed Trucept to leverage its extensive client contacts. Current Trucept clients will continue to be serviced by their familiar customer service associates.
Trucept, Inc. delivers employment and professional employer organization (PEO) services. The company’s wide range of services include human resource management, employee benefits, insurance, workers’ compensation, payroll management, safety management, training services, and more. In addition to Trucept’s human resource management business, the company provides temporary staffing services and a software licensing business that works with other staffing agencies. The company primarily targets small to medium size businesses and organizations within a variety of industries.
Employee benefits are a particular area of interest for Trucept, Inc. because they receive commissions on benefit sales, but most importantly, the company strives to deliver quality benefits that are generous and deliver value to the employee. Trucept, Inc. creates value for its business clients through outsourcing PEO and HR services that allows clients to focus on their core business and growth, provide superior employee benefits offerings that employees will want, and now streamline connecting workers and employers.
Trucept Inc. relieves clients from business operations tasks, including payroll processing, human resources support, workers' compensation insurance, safety programs, employee benefits, and other administrative and aftermarket services predominantly related to staffing. It also offers employee and employer benefits and aftermarket products.
Trucept provides professional employer organization (PEO) services.
PEO co-employment contract, the Company becomes the employer of record for client company employees for tax and insurance purposes. The client company continues to direct the employees’ day-to-day activities, and the Company charges a service fee for providing services.
Working with a PEO
A reputable PEO offers a variety of professional HR and business services. Typically, when you join a PEO, it’s an opportunity for you to outsource the bulk of your responsibilities, including:
*Employment administration
*Government compliance management
*Employee benefits
*Workers’ compensation
*Payroll and payroll tax administration
*Recruiting and hiring
*Policies and best practices
*Performance management
*Training and development
SS has not change in years.
Float has actually decreased by 178 shares. Yes you read that right, it decreased!
Trucept, Inc. Subsidiaries
*Smart Tek Automated Systems Inc.
we provide staffing and business processing services to small and medium sized businesses principally located in major business centers in the Unites States. We also provide a variety of financial services including: benefits and payroll administration, health and workers' compensation insurance programs, personnel records management, employer liability management, and full time and temporary staffing services. The services feature advising in coaching in recruitment, training and discipline and payment of employee wages, payroll taxes, state and federal unemployment insurance, claims, and workers compensation premiums. As part of our staffing services, Smart-Tek Automated can also provide recruitment, reference checks, initial interviews, pre-employment and random drug testing, and criminal background investigations
*Smart-Tek Automated Services, Inc.
www.smart-tekservices.com
Smart-Tek Automated Services Inc. (“STASI”) we provide professional employer organization (“PEO”) services. In a PEO co-employment contract, the Company becomes the employer of record for client company employees’ for tax and insurance purposes. The client company continues to direct the employees’ day-to-day activities, and Allegiant charges a service fee for providing services.
*Smart Tek Communications Inc
https://www.smart-tek.com/
Smart-Tek Communications Inc. (“SCI”) we specialize in the design and development of Radio Frequency Identification (RFID) integration, monitoring and tracking solutions to meet industry demands. SCI operates in the business of design, sale, installation and service of security technology with electronic hardware and software products. Our projects range from residential and commercial developments to system upgrades and monitoring contracts.
Recent News Highlights
*Trucept Inc. has published its second quarter results for 2018. The Company earned a net profit of approximately $260 thousand for the period ending June 30. Trucept reported revenues of $4,700,000 and a gross profit of $1,500,000.
*Trucept Inc. has published its first quarter results for 2018. The Company earned a net profit of approximately $129,000 for the period ending March 31. Trucept reported revenues of $2,100,000 and a gross profit of $700,000.
*Trucept Inc. has published its annual report for 2017. The Company earned a net profit of approximately $602,438 for the year ended December 31, 2017. For the year ending December 31, 2017 and 2016, revenues were $8,030,555 and $6,738,432 respectively, for an increase of $1,292,123 (+19.2%) over the same period in 2016.
During the first quarter 2016, Trucept, Inc. reported total revenue of over $1,300,000 and net income of $697,000.
*Trucept Inc. Files Third Quarter Report For 2017
Net profit of approximately $417,000 for nine-month period
*Trucept Inc. has filed its second quarter report for 2017. The Company earned a net profit of approximately $417,000 for the nine months ending September 30, 2017
*Trucept Inc. has filed the first quarter report for 2017. The Company earned revenues of $1,300,000 and net Income of $245,000.
CEO Norman Tipton said the company increased SG&A to focus on the growth of new sales.
*Trucept Inc. has filed its year-end report for 2016. The Company earned a net income of approximately $3,000,000 an increase of (+534%) over the prior year.
CEO Brian Bonar said he is delighted with the company's performance which continues to meet and exceed internal plans. While the company has reduced gross sales, it has also reduced operating expenses by $1,000,000 Gross profit increased by $630,000
*Trucept, Inc. Forecasts $60,000,000 in Revenue, Creates Uber-Like App for Staffing Industry
Major New App Release Aims To Disrupt Temp Staffing Industry
While there are other staffing agencies and companies that provide temporary employment solutions, Trucept, Inc. stands to be a major disruptor in the high-growth industry when it releases its Uber-like temporary staffing app in the coming weeks. The app is expected to deliver a similar experience to the Uber ride-sharing app, which will allow businesses to search for on-demand workers that are ready and able to work and close to their location. In other words, the app will be a whole new experience for connecting employees and employers. The company is not releasing too much more information before the launch in order to maintain secrecy and competitive edge from potential competitor copycat platforms.
http://emerginggrowth.com/trucept-inc-otc-pink-trep-forecasts-60-million-revenue-creates-uber-like-app-staffing-industry/
Trucept Inc. Looking to break $10,000,000+ in Revs this year! Revenues Exponentially increasing and Set to Soar with new CORE STRATEGY: Will Market Nationally Known PEOs! Company is already at $4,673,811 in Revs after Just the first 6 months of the year. Historically Trucept Inc Revs are much greater the second part of the year. In 2017, Q4 Revs nearly Quadrupled to $4,362,442 in Q4 alone. See the numbers for yourself below.
[img][/img]
DD Packed Video of TREP
By Xray07
I made a 12 Minute Video about TREP, i think i share important information for about TREP. Hope you see the Value in 12 Minutes...
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