TREP Total Assets $22,799,415
Share Structure and Financials below for last 4 years, Company has been making Profits for the last 16 quarters..
````````````````Consolidated Balance Sheets
```````As of December 31,2019 and December 31, 2018
]$19,927,324 million dollars is Prepaid workers compensation ( Money in the Bank) cash which the company does have access to if they want..As you can Clearly See Trucept (TREP) has a Total of $22,799,415 Assets as of 2019, Annual Report.
-- Also notice the decrease in Disputed 3rd party liabilities.
26,119,277 decreased to $18,876,042. Total Decrease of $7,243,235 dollars..
TREP is a don-diluting ticker as seen by the history of the company Share Structure...
Check the history from 2013 till now...
TREP is a undervalued company, as you have seen the float is 27 million shares and Company Assets are over $22 million dollars...
now let me share with you company subsidiaries...
---------------------------------------------- Subsidiaries | COVID-19 INSURANCE CLAIMS | HEALTH SECTOR There are many revenue streams (7 subsidiaries) that Trucept Inc. TREP has under it's umbrella.
I'll get to which ones stands out to me more later... first, here's a list of the subsidiaries with a brief description of the services they offer and website
Afinida, Inc. is a provider of payroll and tax services. https://www.afinida.com Synergy Corporation
Synergy Corporation provides general agency services, insurance services, claims management services, and self-funded as well as employer health plans. https://www.syg0.com Claims Administrative Services, Inc (CASI)
streamlines the complex workers’ compensation process for the associates – the employer, the injured worker, brokers, agents and CASI’s claims advisors – to arrive at the most favorable outcome. CASI is a boutique third-party administrator grounded in dignity and respect in the advocacy required to effectively align and balance the interests of the associates. https://www.claimsadministrationservices.com UWS Insurance Corp
UWS Insurance Corp. is an insurance agency currently licensed in 25 states with plans to become licensed in all 50. UWS Insurance is based in Escondido, California. https://www.uws1.com Trucept marketing
Branding, Web Design, Search MKT, Market Insight, influencer MKT https://www.truceptmarketing.com Smart-Tek Automated Services
Smart-Tek Automated Services, Inc., a professional employee organization and staffing company, provides financial services to small and medium-size businesses. https://www.zippia.com/smart-tek-automated-services-careers-38607/ Smart-tek Communications Inc.
Smart-tek Communications offers seamless integration of the latest in security technology with proven electronic hardware and software products. Our product mix has been developed in a deliberate, purposeful manner, positioning us as one of the top integrators in the Lower Mainlan https://www.smart-tek.com/ The subsidiaries that stand out the most are the ones that is in the health insurance sector because...
As businesses and consumers are forced to put on hold, health insurers foresee strong profits.
Non-essential sector and supply chains has had a devastating impact by this pandemic. Some experts say it's irreversible, it's an economic disaster but health insurers appear immune to COVID-19.
Health insurers are thriving in a time of crisis. Their profits for the rest of 2020 are projected to be just as healthy or better than last year's, which is why their stock prices are close to five-year highs
While retail traders are chasing the next face mask, test kit, sanitizer, toilet paper company, mega banks and institutions are hedging their bets on the health insurance sector. It's currently the most sustainable in terms of growth.
------------------------------------------- TREP Plans to File Audited Financials for 2018 - 2019 for Large-Scale Development
Revenue for 2018 $9,360,000 and 2019 $8,324,000
RBSM LLP Provides Accounting, Audit, Tax Services, Merger and Acquisition Transaction Structuring
There's a Possiblity They're Uplisting to NASDAQ
at last charts tell the true story...
2 year Weekly chart
L2 Bid before close... Big Whale loading... 1 million bid $45K..