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APRO - Allegiant Professional
Mon, December 14, 2009 6:30:49 AMFrom: SmallCapReview <[e-mail]>Add to Contacts



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Allegiant Professional (APRO) Estimates Its Annual Payroll Runs Upwards Of Ninety Million ($90,000,000.00) For Year Ending December 2009.


APRO announced this morning that as a result of high demand for its client benefit programs, it is offering enhanced health and insurance benefits for its 10,000 plus-employee client base.

"We began the benefit program several months ago," said CEO David Goldberg. "It has succeeded beyond our expectations." Goldberg said APRO hopes to sign at least 25 percent of its employee client base to the programs.

Press Release: Allegiant Professional Business Services Inc. Enhances its Client Benefits Program


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Allegiant Professional (APRO)



"You Are Only As Efficient As Your Staff. Staff Smart."


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Profile

Allegiant Professional Business Services (APRO) provides financial services and staffing to municipalities, small and medium-size businesses, relieving clients from many of the day-to-day tasks that negatively impact their core business operations, such as payroll processing, human resources support, workers' compensation insurance, safety programs, employee benefits, and other administrative and aftermarket services predominantly related to staffing -- staff leasing, temporary staffing and co-employment. APRO not only provides core services but a wide selection of employee and employer benefits and aftermarket products.

Staffing services include on-demand or short-term staffing assignments, contract staffing, long-term or indefinite-term on-site management, and human resource administration. Short-term staffing involves client demands for employees caused by such factors as seasonality, fluctuations in customer demand, vacations, illnesses, parental leave and special projects. Contract staffing involves providing employees for its clients for a period of more than three months or an indefinite period. The Company's primary source of revenue is from temporary staffing.


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APRO Investor Highlights

The Company estimates its annual payroll runs upwards of Ninety Million Dollars ($90,000,000.00) for year ending December 2009.

Announced that it now employs 10,000 workers nationwide.

Announced that SK3 Group signed a two year contract with APRO to service its 20,000 plus employees.

Announced that the company is acting on its stock repurchase program. The Board of Directors previously authorized repurchase of up to an aggregate of 15 million shares of its common stock.

Announced the expansion of its Hallandale, Florida, San Diego and Anaheim, California facilities. Expanding the facilities will provide Allegiant the necessary office space and personnel to accommodate Allegiant's recently announced business increase.

Announced that it now offers owner operator truck drivers a total solution including Workers Compensation coverage and a Health Plan for a combined low monthly fee.


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News and Press Releases

Allegiant Professional Business Services Reports the Progress of Its Previously Announced Common Stock Repurchase Program.

SK3 Group Inc. Signs 20,000 Employee Contract With Allegiant Professional

Allegiant Professional Business Services Announces Implementation of Its Previously Announced Common Stock Repurchase Program

Allegiant Professional Business Services Inc. Expands Its Facilities to Accommodate Its Current and Future Business

Allegiant Professional Business Services Inc. Now Offers Health and Workers Comp Package to Independent Truckers: Targets Increased Revenues of $18 Million Over 12 Months

Allegiant Professional Business Services Increases Workersite Employees, Representing $285 Million in Payroll

Allegiant Professional Business Services Announces Opening of New Jersey Office, Signs $20 million plus in New Contracts And Anticipates Annual Revenue Increase of $50 Million Plus

For the latest Quote and News on APRO Click Here.


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APRO Financials Approximate as of December 14, 2009

52 High/ Low: $0.06 / $0.005

Price: $0.023

Ticker: APRO


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To read more about APRO visit here

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SmallCapReview feature reports are intended to be stock ideas, not recommendations. Please do your own research before investing. It is crucial that you at least look at current SEC filings and read the latest press releases. Information contained in this report was extracted from current documents filed with the SEC, the company website and/or other publicly available sources deemed reliable. The profile and opinions expressed herein are expressed as of the date the profile is posted on site and are subject to change without notice. For more information see our disclaimer section, a link of which can be found on our website. Actual results may differ materially from the Company's expectations and estimates. The information provided in this report is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country.

Copyright SCR. All rights reserved. SCR is not a registered broker/dealer or financial advisor. Before making a purchase or sale of any securities featured on our website, we strongly encourage and recommend consultation with a registered securities representative. This is not to be construed as a solicitation or recommendation to buy or sell securities. SCR may hold positions in securities mentioned herein, and may make purchases or sales in such securities featured on our website or within our reports. SCR has been compensated three thousand dollars by a third party LUI for its services with regards to Allegiant Professional. As with any stock, companies we select to profile involve a degree of investment risk and volatility. All investors are cautioned that they may lose all or a portion of their investment if they decide to make a purchase in any of our profiled companies.




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