Trucept, Inc. (TREP)

[mrjic]

We may have a better shot at a real move when an acquisition or some other major announcement such as a big new client is released. If you look at the move that brought it well over $1 a year ago that came on news of a $40M gross annual payroll deal with a new client. That news release from 7/20/2010 is posted below. Not sure that earnings release alone is going to do it...it certainly should but doesn't look like it-hope I'm proven wrong next week!

http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_S/threadview?m=tm&bn=75612&tid=355&mid=355&tof=211&frt=1


NEWPORT BEACH, Calif., July 20 /PRNewswire-FirstCall/ -- Smart-Tek Automated Services, Inc. (OTC Bulletin Board:STTN.ob - News) has signed an agreement with an East Coast broker targeting $40 million in gross annual payroll by the year's end. The broker has already placed $5 million of gross payroll Professional Employer Organization (PEO) business with Smart-Tek.

"This contract is part of Smart-Tek's targeted strategy of overall growth of its broker sales network," said Brian Bonar, president and CEO of Smart-Tek. "We have created some of the most professional PEO offerings and lucrative broker plans in the U.S. PEO market, and it is starting to pay off as evidenced by recent contract signings."

The broker network represents a valuable revenue source in the estimated $68 billion U.S. PEO industry, according to the National Association of Professional Employer Organizations (NAPEO). Smart-Tek provides assistance to brokers in the areas of personalized presentations, including broker information, submission forms, comparison tools, detailed reports on commissions, detailed reports on variances between booked and actual remarketing processes, and more. "Since the broker is the initial client contact, the U.S. broker market is eager to find the kind of professional format and highest levels of integrity that Smart-Tek stands for," said Bonar.