In RSFF because of the news
I don’t know what it’s worth but it’s look good?
Resolve Staffing Announces Report by Cohen Research
CINCINNATI, Oct 17, 2005 (PRIMEZONE via COMTEX) -- Resolve Staffing (OTCBB:RSFF), a national provider of human resource outsourcing services, is pleased to announce that Cohen Independent Research Group has published an independent, comprehensive research report for Resolve Staffing, Inc. (OTCBB:RSFF).
Cohen Independent Research Group (www.cohenresearch.com), an independent research firm led by D. Paul Cohen, has recently published a comprehensive research report on Resolve Staffing. The full report can be found at www.cohenresearch.com. The favorable report was initiated with a "Buy" rating and a price target of $2.17 to $3.27.
Resolve experienced revenues of $5.4 million in the second quarter of 2005, an increase of over 200% from first quarter revenues of $1.7 million. Moreover, Resolve expects third quarter revenues to reach approximately $8.8 million, an increase of over 60% from the second quarter. Resolve has put together agreements to acquire multiple companies, opened new locations and continues to seek numerous other opportunities. In 2005 Resolve Staffing has grown from a one location firm in Tampa, Florida, to a national firm with 37 offices reaching from New York to California. Over the past year Resolve has successfully executed on a plan to position the Company for growth. Resolve has focused on operations and execution. Most recently, Resolve further strengthened its business and broadened its services through disciplined organic and acquisitive growth initiatives in both the medical and trucking industries. The Company has completed multiple acquisitions over the past several months and is focused on building an integrated national human resource outsourcing organization.
Ron Heineman, CEO of Resolve Staffing, said, "This report clearly demonstrates that the company has the expertise and growth potential to offer a good value to investors. Resolve has demonstrated this growth potential through the first part of 2005. From increasing revenue generation to the closing of a number of acquisitions, Resolve Staffing has laid the groundwork for a tremendous year of success. Our outlook for 2005 is a positive one in which we believe the Company will be on its way to a major year of growth."
About Resolve Staffing, Inc.
Resolve Staffing is a national provider of outsourced human resource services. With 37 offices reaching from New York to California, the Company provides a full range of supplemental staffing and outsourced solutions, including solutions for temporary, temporary-to-hire, or direct hire staffing in the medical, trucking, clerical, office administration, customer service, professional and light industrial categories. For additional information on Resolve Staffing visit our website www.resolvestaffing.com.
This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.
This news release was distributed by PrimeZone, www.primezone.com
SOURCE: Resolve Staffing, Inc.
By Staff
CONTACT: Resolve Staffing, Inc.
Don Quarterman
(770) 900-4856
ir@resolvestaffing.com
(C) 2005 PRIMEZONE, All rights reserved.
I dont know what I’m buying but I know when to sell it!
Do your own research and make your own decisions.
