TREP is on track to meet and exceed 2019 projections for a continued profitable core business and explosive growth.
Fiscal 2018 was a year of significant progress for Trucept Inc. It showed a marked increase in revenue from marketing and consulting services and continued great strides in delivering on strategic initiatives, reducing costs and building relationships. Overall, the company's operations, competitive posture and foundation for growth are all stronger today than they have ever been. It is on track to meet and exceed 2019 projections for a continued profitable core business and explosive growth.
Trucept is laying the groundwork to be on the leading edge of a rapidly advancing Business Processing Outsourcings support industry.
Trucept CEO Norman Tipton said, "We spun off our PEO, launched accounting/controller, human resources consulting and expanded our core marketing services to other industry segments. We are currently working on several initiatives with new clients which will be announced in the coming weeks and months. Our refined business model is continuing to generate outstanding growth and profitability as demonstrated by the quarterly reports; the fourth quarter and year-end reports will be released in February and March, respectively."
The Company now provides accounting support for 12 companies; eight for marketing and web development; and 12 for HR support.
Trucept thanks shareholders for their support. The company is working with counsel to resolve all past tax issues in the best interest of shareholders and clients, and is optimistic that evolving strategic initiatives, and TREP's non diluted share structure, will drive substantial increases in shareholder value in 2019.
