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How embarrassing.
Are you aware Azzata and others have been sued by the SEC?
http://www.sec.gov/news/pressrelease/2015-63.html#.VScau0u0Kf0
Um... you do know that ECHI has been suspended by the SEC, yes?
ECHI Increases Foothold in Online Hiring Industry through Openreq.com Overhaul
Reports from CareerXRoads indicate that approximately 35 percent of all hiring takes place through the use of online job boards and career sites, which combine to make up the most widely utilized hiring method in the country. eCareer Holdings, Inc. (OTCQB: ECHI), through its recently re-launched Openreq.com website, is rapidly expanding its foothold in the vital industry sector.
Since its overhaul and subsequent re-launch in November 2014, Openreq.com has experienced massive growth. In addition to serving as the leading news source for human resources professionals, eCareer’s implementation of an enhanced job board platform has led to a reported 1000 percent increase in traffic in subsequent months. The company’s take on the classic job board, which has been shown as significantly more responsive than its primary competitors, provides job seekers with enhanced outreach capabilities, as well as access to TheJobNetwork™, the largest recruitment ad network of job sites in North America.
“We’re pleased that our strategy has so rapidly produced significant traffic increases and positive feedback from job advertisers and industry professionals,” stated Joe Azzata, CEO of eCareer.
Look for eCareer to continue its successful venture into the job search market. With positive job board performance results on record, the company forecasts expansion of its sales team by up to 300 percent in the coming months. By creating a viral and content-driven career community, the company can expect to receive significant and sustained traffic as the evolving hiring market continues to turn towards more digital solutions.
As human resources professionals continue to redefine modern hiring practices, eCareer has positioned itself firmly at the forefront of the industry. With proprietary optimization methods that garner a 200 percent increase in qualified responses for job postings, expect leading industry experts and Fortune 2000 hiring directors to take notice of Openreq.com sooner rather than later.
By focusing on specialized professions with forecasted long-term hiring demands, eCareer should be well positioned to increase its overall growth and attract clients with strong advertising budgets for the foreseeable future. Look for Openreq.com, as well as developmental projects Cardiologist.com and BioFuelZone, to lead the company to new heights in the years to come.
For more information on the company, visit www.ecareer.com
ECHI Uniquely Differentiates with Sector Focused Approach
eCareer Holdings is an internet marketing company that provides unique and effective job advertising platforms. Based in Florida, the company develops and markets branded websites tailored to specific internet job market segments.
The company uses cutting-edge internet technology to fill the increasing need for skilled workers. The company’s revenue is then realized through the acquisition of commercial advertisers. ECHI targets staffing and recruiting firms, human resources outsourcing organizations, U.S. government agencies, professional employer organizations and Fortune 2000 companies.
Complementary to its career websites, eCareer Holdings develops and administers job communities and job advertising platforms. Here visitors can find industry news, content, webinars, niche-specific events and training programs, social media groups and consolidated industry statistics. ECHI also offers a Talent Acquisition System enabling employers, consulting firms, recruiters, staffing agencies and marketing professionals to reach audiences by attracting them through professional information which is relevant to them.
Joseph J. Azzata is the founder and Chief Executive Officer and Chairman of eCareer, Inc. He is regarded as a leader in the areas of talent acquisition, recruiting staffing and human resources with a special emphasis on web-based and automated recruiting processes. From 2002 to 2010, Mr. Azzata was the CEO and co-founder of Medical Connections Holdings, Inc. and played a key role in the growth and expansion of the company, a national and publicly held healthcare staffing firm. Medical Connections was awarded the Gold Seal Certification in Healthcare Staffing from the Joint Commission on Healthcare Staffing in 2007. Two years later, the company was identified by the Staffing Industry Analysts as the 7th fastest growing staffing firm in the United States.
For more information on the company, visit www.ecareer.com
Thank you for sharing this, it helps my DD.
ECHI – Targeting Target Acquisition Gaps
eCareer Holdings is a Florida-based Internet marketing company that intends to provide the most effective job advertising platforms in the market by developing and marketing branded career websites focused on specific Internet job verticals.
eCareer Holdings gives emphasis to the use of top-quality technology to tackle the high demand for skilled human capital in certain sectors, while drawing in major clients with large advertising budgets. The company caters to staffing and recruiting firms, Fortune 2000 companies, U.S. government agencies, professional employer organizations and human resources outsourcing organizations.
In addition to career websites, eCareer Holdings develops and operates job communities and job advertising platforms. The company’s site offers industry news, niche-specific content, webinars, events and training programs, consolidated industry statistics and social media groups. The company also offers a Talent Acquisition System that allows employers, recruiters, staffing agencies, consulting firms and marketing professionals to target and reach audiences through relevant professional information.
eCareer Holdings launched its first site, Openreq.com, in January of 2013. Since then, the site has become a leading news source for staffing, recruiting and human resources professionals. In the past year, eCareer Holdings analyzed Openreq.com’s traffic, recognized its incredible promise and moved to completely revamp the site, adding a powerful job board platform and a “viral news” design. These changes have swiftly delivered significant traffic increases and positive feedback from job advertisers and industry professionals, as indicated below:
1. The re-launch of Openreq.com last November revealed a new “viral news” content format which, in a few months span, has already collected hundreds of positive comments from members of the staffing, human resources and recruiting community.
2. Subscriptions to Openreq’s “Daily News” have also grown substantially with over 20,000 daily news subscribers.
3. Lastly, the site’s new jobs section has also driven response rates up to four times higher than the leading national job board. This section provides clients with exceptional outreach to top HR, staffing and recruiting professionals within the Openreq community as well as on the TheJobNetwork, the largest recruitment ad network of job sites in North America.
For more information, visit www.ecareer.com
U.S. Labor Market Springs Opportunity for eCareer Holdings, Inc.
There were 5 million open jobs in the U.S. at the end of January, the Labor Department said Tuesday, representing the most open positions in since 2001. U.S. employers added 295,000 jobs to the mix in February while the number of people who quit their job also increased, up 3% to a six-year high of 2.8 million. More people walking off the job typically reflects the confidence in the broader hiring spree and other job opportunities. Collectively, the data point to a stronger job market and a wealth of opportunity for companies like eCareer Holdings.
eCareer is an early-stage Internet company building a network of career websites focused on specialized “Internet Job Verticals,” which allow for some of the most effective job advertising platforms on the market.
The company’s strategy is to address demand for skilled professionals in a variety of narrow sectors while simultaneously attracting potential clients with strong advertising budgets. Execution of this approach entails “organizing” the online hiring process by creating content-rich, profession-specific communities and matching branded professional and social networks.
Initially launched in January 2013, eCareer in November 2014 revamped its Openreq™ website. Openreq.com uses advanced software solutions to provide staffing, recruiting and human resource professionals with access to job openings in their desired sector. With a single post to Openreq, companies can reach more than 1,300 sites including popular social networking destinations such as Indeed, Glassdoor, Facebook and SimplyHired.
The site’s new jobs section quadruples response rates compared to the leading national job board, providing clients with unparalleled outreach to human resources, staffing and recruiting professionals within the Openreq community and on the TheJobNetwork™, the largest recruitment ad network of job sites in North America.
To maintain this caliber of qualified responses, jobs posted on Openreq.com are automatically optimized, distributed on a monthly basis to millions of active and passive job seekers, and monitored as part of targeted ad campaigns. This targeted distribution results in higher rankings in search engine and paid job site search results, generating an average increase in qualified response of 200%. In addition, the revamped Openreq site allows hiring managers to automatically screen, grade and rank applicants and returning qualified passive job seeker matches in real-time from the site’s resume database.
Openreq features industry news, social media groups, webinars, events, training programs and consolidated industry statistics – all of which are designed to engage job seekers, recruiters, staffing companies and government agencies.
The allure appears to be working. Last month Openreq.com traffic increased by 1000% while its “Daily News” section received 23,000 news subscribers, prompting eCareer to expand its full-time sales staff.
With Openreq already churning up the job market, eCareer is now developing Cardiologist.com and BioFuel Zone sites, which are planned for release in the near future.
For more information visit www.ecareer.com
ECHI – Addressing the High Demand for Skilled Human Capital
eCareer Holdings is an Internet marketing company in the staffing and outsourcing business. Since its founding in 2009, this developer and marketer of branded career content sites has been making a name for itself.
The Florida-based company develops and operates career websites, communities and job advertising platforms that support recruiting and staffing firms, Fortune 2000 companies, U.S. government agencies, professional employer organizations and human resources outsourcing organizations with their human capital needs.
As part of its portfolio of offerings, eCareer Holdings:
• Develops a Talent Acquisition System, which allows employers, recruiters, staffing agencies, consulting firms and marketing professionals to target and reach audiences through relevant professional information.
• Maintains a site that offers consolidated industry statistics, events, industry news, niche-specific content, social media groups, training programs and webinars.
• Provides job advertising services.
The company launched its first site, Openreq.com, in January 2013. Since then, the site has become a primary news source for human resources, staffing and recruiting professionals. Recently, in February 2015, eCareer Holdings reported a 1,000-percent increase in traffic to the recently re-launched Openreq.com website.
After analyzing Openreq.com’s traffic last year, management recognized the site’s incredible potential and set out to realize that potential by completely renovating the website, adding a powerful job board platform and implementing a new “viral news” design. This combined strategy rapidly resulted in significant traffic increases and positive feedback from job advertisers and industry professionals.
The increased traffic to Openreq.com combined with its job board’s positive performance results has since led eCareer Holdings to bolster its sales team to three full-time professionals who sell job adverting packages to staffing, recruiting and human resources departments. In coming months, eCareer plans to grow this sales team to 10-12 full-time professionals who will be tasked with calling on the Fortune 2000 and all of the staffing and recruiting companies in the U.S.
By strongly emphasizing the use of superior technology, eCareer Holdings has set its sights on addressing the high demand for and the shortage of skilled professionals in specific sectors, while attracting clients with robust advertising budgets. The company intends to provide the most effective job advertising platforms in the marketplace by developing and marketing branded career websites focused on specialized Internet job verticals.
For more information, visit www.openreq.com
Market Opportunity & Strategy
The target market for ECHI is the vast array of not-for-profit and for-profit organizations, companies and healthcare institutions and medical research facilities in the United States that deliver healthcare, as well as everyone who works in them and within all healthcare fields/specialties.
CLIENT PROFILES
External HR Departments for Hospitals: These are companies hired by hospitals to outsource the services of HR departments. They are also a natural market ECHI.
Recruiting and Staffing Companies and Individual Recruiters: These clients are another main market for ECHI and will account for 50% of all ad revenue. As a group, they represent $10.2 billion industry and depend heavily on Internet advertising for their recruiting and staffing needs. They also are big potential client for the research, analysis and expertise products of ECHI.
All Other Businesses (Healthcare-Related & Not): Database mining businesses, product and services advertisers will grow as client base for ECHI as the company increases its Internet presence and can profitably insure lead generation for all these companies.
Company-Created Web 2.0 Sites, Social Network Sites and Pages: With the growing importance of the social web, or Web 2.0, companies use all their web presence to generate revenue. Company blogs, blogs created inside of private networks, such as, twitter.com and company research sites, are profitable advertising platforms, as long as they are situated at the top of search engines. With its expertise and multiple domain names, ECHI will generate significant amount of content, appealing to healthcare specialists. This will attract advertisers to these social media sites, and thus contribute to the company revenue.
DEMAND
Internet Advertising Demand
According to International Data Corporation (“IDC”), the number of global Internet users is projected to grow from 2.7 billion in 2013 to over 3.8 billion in 2017. Additionally IDC reports home broadband access is expected to increase from 655 million in 2013 to 859 million in 2017. This trend is bringing online access to large groups of professionals from diverse industry segments and enabling employers, recruiters and staffing professionals to target them through websites featuring career content and online job opportunities.
Hiring and Staffing Demand
The U.S. staffing industry is a 110 billion market. The 2014 Bureau of Labor Statistics indicate the U.S. averages 4.5 million monthly job openings, and also reports approximately 4.8 million hires and 4.5 million separations monthly. This level of employment activity creates a very competitive hiring landscape. Career X Roads 2013 source of hire report indicated that career websites and job boards combined accounted for 41.5% of all U.S. hires.
Recent Industry Transactions
• 2010 - DICE (NYSE:DHX) acquires Rigzone.com, a career portal for the oil and gas industry, for $55 million
• 2013 - DICE (NYSE:DHX) acquires Jobboard Enterprises for 12 million and OnTarget Jobs for 50 million
• 2014 - LinkedIn acquires Bright.com, career matching technology for 120 million
• 2014 - DICE (NYSE:DHX) acquires Oil Careers for 26 million
ECHI Visitor Count of HR News Source Soaring
eCareer Holdings, a developer and marketer of branded career content sites, has reported a 1,000-percent increase in visits to its re-launched Openreq.com website, a source of news for human resource and recruiting professionals. ECHI also highlights recent performance results of its job board platform and the expansion of its sales force.
The Q4 2014 re-launch of Openreq.com touted content format, “viral news” – which has realized hundreds of affirmative comments from members of the HR industry in a short, ninety day period. Additionally, Openreq.com “Daily News” subscriptions have experienced significant growth with approximately 23,000 daily news subscribers.
Mr. Joe Azzata, CEO of eCareer.com noted, “After analyzing Openreq.com’s traffic last year we recognized the incredible potential the site offered. We set out to achieve this success with a complete overhaul of the website, the addition of a powerful job board platform and implementation of a new ‘viral news’ design. We’re pleased that our strategy has so rapidly produced significant traffic increases and positive feedback from job advertisers and industry professionals.”
The Openreq.com format is working. Its new jobs section response rates are trending up to four times higher than the leading national job board. This offers clients with unprecedented outreach to top human resources, staffing, and recruiting professionals within the Openreq™ community and on the TheJobNetwork™, the largest recruitment ad network of job sites in North America.
To ensure the highest level of qualified responses, jobs posted on Openreq.com are automatically distributed on a monthly basis reaching millions of active and passive job seekers across the Internet, and monitored as part of targeted ad campaigns. This targeted distribution produces higher rankings in search engine and paid job site search results, generating an average increase in qualified response of 200%. In addition, the new site allows hiring managers to save time by automatically screening, grading and ranking applicants, as well as returning qualified passive job seeker matches in real-time from the site’s resume database.
eCareer Holdings is an early-stage high growth Internet marketing company. By developing branded career websites focused on specialized “Internet Job Verticals,” the company’s goal is to provide the most effective job advertising platforms in the marketplace. With an emphasis on the use of superior technology, eCareer Holdings will address the high demand for and the shortage of skilled professionals in specific sectors, while attracting clients with strong advertising budgets. The company is headquartered in Boca Raton, Florida.
For more information on the company, visit www.openreq.com
ECHI Engages QualityStocks Investor Relations Services
eCareer Holdings, a developer of and marketer of specialty branded career content websites, today announced that QualityStocks will be providing the company with investor relations services. Based in Scottsdale, Arizona, we have assisted more than 300 public companies with their efforts to broaden influence, attract growth capital and improve shareholder value.
“Clear and frequent communication with our shareholders is vital in the roadmap to grow eCareer into a reputable, leading online provider of specialized career content and employment opportunities,” stated Joe Azzata, CEO of eCareer. “As we advance on the numerous opportunities ahead, we’re pleased to join the QualityStocks network to keep shareholders informed of our progress and make a bold presence in the marketplace.”
QualityStocks will utilize its vast network of partners, daily and weekly newsletters, social media channels, blog and other outreach tools to facilitate enhanced communication between eCareer and its shareholders while raising the Company’s visibility in the broader investment community.
“eCareer has a history of maintaining a competitive industry advantage by targeting high-demand career sectors by using the latest industry technologies and under the directive of an aggressive, visionary management team,” stated QualityStocks Managing Director Michael McCarthy. “It’s an honor to join eCareer in this season of progress and we look forward to adding to the company’s trajectory in achieving its corporate mission.”
For more information, visit www.ecareer.com.
eCareer Holdings, Inc. has a very low revenue, $7,484 in current assets and $1,108,642 in current liabilities for a current ratio of 0,007 that make this one completely insolvent. This company is going anywhere except for bankruptcy. Beware of the extremely low trading volume.
ECHI is “One to Watch”
eCareer Holdings is an early-stage internet company working to organize the online hiring process by creating content-rich, profession-specific communities. By fully integrating its personalized career centers with matching branded professional and social networks, the company creates a solution for employers and professionals to enjoy the very best user experience.
The company’s development of branded career websites focuses on specialized “Internet Job Verticals,” which allow for some of the most effective job advertising platforms on the market. Through the use of superior technological solutions, eCareer Holdings plans to address the high demand for skilled professionals in a variety of narrow sectors while simultaneously attracting potential clients with strong advertising budgets.
Headquartered in Boca Raton, Florida, eCareer Holdings launched its first site, Openreq™, in January 2013. Using advanced software solutions, the site provides staffing, recruiting and human resource professionals with access to job openings in their desired sector. With a single post to Openreq, companies can reach over 1,300 sites including popular social networking destinations such as Indeed, Glassdoor, Facebook and SimplyHired. The company is also currently developing Cardiologist.com and BioFuel Zone, which are planned for release in the near future.
Led by a team of experienced executives headed by Chief Executive Officer Joseph J. Azzata, eCareer Holdings is persistently working to refine its effective job database solutions. With a range of unique features including industry news, social media groups, webinars, events, training programs and consolidated industry statistics, eCareer Holdings continues to engage in the design and development of revolutionary career websites aimed at recruiters, staffing companies and government agencies.
For more information, visit www.ecareer.com.
ECHI one for 12 reverse split: ***PPS today is .70 but no trades since May 30th.
http://www.otcbb.com/asp/dailylist_detail.asp?d=06/24/2013&mkt_ctg=OTCBB
Barossa Coffee Co., Inc., BSSA, changed to eCareer Holdings, Inc., ECHI:
http://www.otcbb.com/asp/dailylist_detail.asp?d=05/21/2013&mkt_ctg=OTCBB
Time & Sales
Price Size Mkt Time
$0.7000 2,500 OBB 10:00:14
$0.7000 500 OBB 09:55:07
$0.7000 3,000 OBB 04/19
$0.6500 500 OBB 02/12
$0.6500 500 OBB 02/04
$0.6500 500 OBB 01/25
$0.6500 200 OBB 01/16
$0.6400 400 OBB 01/14
$0.6500 300 OBB 01/08
$0.6500 353 OBB 12/28
$0.6500 400 OBB 12/24
$0.6900 500 OBB 12/18
$0.7300 400 OBB 12/17
$0.7400 400 OBB 12/12
$1.0000 500 OBB 12/11
$1.0000 1,000 OBB 12/11
$1.0500 300 OBB 12/10
$0.4500 9,000 OBB 09/25
$0.4500 5,000 OBB 09/25
$0.4500 2,000 OBB 09/14
$0.6500 2,500 OBB 08/30
$0.6000 2,500 OBB 04/18
$0.5100 1,000 OBB 04/18
$0.5100 2,500 OBB 04/18
$0.4385 2,500 OBB 04/18
$0.4000 2,500 OBB 01/04
$0.4000 2,500 OBB 12/12
$0.4000 2,000 OBB 10/03
$0.4000 2,500 OBB 09/26
$0.5500 2,500 OBB 06/29
$0.5100 750 OBB 03/15
$0.3000 650 OBB 11/23
"Business Development and Acquisition Strategies
Our business objective is to develop 12 specialized career websites that include career verticals and professional communities across four major industries: recruiting, healthcare, and energy & green technology. We have already acquired many domain properties specific to specialized careers in these industries. Fully implementing this plan will require a significant capital infusion.
The second target niche site to be launched in 2013 will utilize our unique eCareer Talent Acquisition System™ targeted at healthcare professionals who work on travel assignments. This site will serve allied health professionals including but not limited to nurses, therapists, pharmacists, radiologists and techs that work on 13-week assignments at healthcare facilities across the U.S.
Domain Properties
We currently own several hundred specialized career domain addresses which are reserved for future niche sites to be developed utilizing our Talent Acquisition System™ model. Some of the higher-level domains we will develop are Cardiologists.com, Radiologists.com and Pathologists.com.
Target Markets
Our targeted markets are recruiting and staffing firms, Fortune 1000 companies, and U.S. government agencies that have a continued growing need for difficult to find professionals in specialized niches as outlined below:
Recruiting and Staffing Companies, Individual Recruiters and Headhunters
This segment represents a primary customer market. They are potential clients for fee-based access to résumé databases, research, analysis, and talent acquisition consulting services. Our management believes this targeted market represents a large pool of potential advertising clients for our “recruiter” vertical, OpenReq.com™.
Fortune 1000 corporations, Small Companies and Hiring Managers:
Our management believes these organizations with varying advertising budgets will be the second primary market. Depending on the vertical, we will target organizations in specialized industries where there is competition for specific professionals and the cost-per-hire is driving strong online advertising budgets. Additionally, medium to large corporations have internal recruiting and staffing professionals, and this group represents another strong market for advertising services on OpenReq.com™.
Government Agencies:
U.S. government agencies and institutions face the same shortages for certain specialized professionals as the private sector. In the quest to acquire specialists in energy, IT, green industries research and other specialized fields, competition from private firms is a challenge. We will provide the technology and advertising platform for the most difficult to fill niche job markets for U.S. government clients. Most government agencies have internal recruiting departments and a strong demand for recruiters and staffing professionals, which will create additional potential advertising clients for OpenReq.com™.
Other Businesses:
Additional revenue can be generated from industry-and profession-specific vendor advertising, résumé database mining, talent acquisition consulting and “white label” corporate career pages as our client base grows.
"
"The 3,894,668 restricted shares of BCCI common stock issued to former ECI stockholders at closing represents 89.2% of the issued and outstanding common stock of BCCI. If and when the remaining ECI stockholders elect to exchange all of the remaining ECI common shares into shares of BCCI, former ECI stockholders will hold a total of 90% of BCCI’s common stock, based on numbers at the date of closing.
Pursuant to the Exchange Agreement, as extended, ECI agreed to pay a total of $245,000 cash to BCCI in seven scheduled payments, including a final payment of $165,000 which was made at closing. Contemporaneously, BCCI used $215,000 of the $245,000 to redeem and cancel 4,260,690 shares of its pre-exchange common stock from the Principal BCCI Stockholders. BCCI used the remaining $30,000 to pay certain consultants for services rendered. In connection with the parties’ agreement to extend the closing date of the Exchange Agreement, ECI also paid total extension penalties to BCCI as of closing of $35,000.
"
eCareer, Inc. And Barossa Coffee Company, Inc. Announce Completion Of Reorganization Agreement
PrintAlert
Barossa Coffee (OTCBB:BSSA)
Intraday Stock Chart
Today : Tuesday 16 April 2013
BOCA RATON, Fla., April 16, 2013 /PRNewswire/ -- eCareer, Inc., a privately-held developer and marketer of specialized online career communities for employers, job candidates and industry professionals, today announced the successful completion of a reorganization agreement with Barossa Coffee Company, Inc. (BCCI), a Nevada corporation whose common stock trades on the OTC Bulletin Board under the symbol "BSSA".
eCareer, headquartered in Boca Raton, Florida, is now a majority-owned subsidiary and the operating company of BCCI, which has changed its name to "eCareer Holdings, Inc." The company will continue to trade on the OTC Bulletin Board under the "BSSA" stock symbol, but will apply for a ticker symbol change. eCareer Holdings, Inc. has filed a current report on Form 8-K with the Securities and Exchange Commission that provides more details regarding this transaction.
"Online talent acquisition is becoming an essential strategy for many specialized industries facing shortages and increasing competition for hard to find talent," said Tim Kardok, president and director of eCareer, who has over 30 years of success in public, private, multinational and entrepreneurial environments, from start-ups to Fortune 1000 companies. "Being a public company will enhance our ability to enrich our online career communities and technology across several high growth sectors in ways that will attract and then drive the right candidates to the right jobs at the right companies."
eCareer's first online career community, openreq.com™, was launched in January 2013 for staffing, recruiting and HR professionals. The site features the company's proprietary Talent Acquisition System™ which combines industry-specific content, training programs and professional and social networks including LinkedIn and Facebook groups, with job listings and online advertising from companies and government agencies. Access to openreq.com is free to job seekers, while hiring managers and companies will subscribe for job postings, resume and database searches, corporate branding, banner ads and media packages.
eCareer has plans for additional online career communities focused on high growth industries including health care, energy and green technology, where there is high demand, heavy recruiting and staffing activities, as well as projected long term shortages of skilled professionals. These organizations typically have the strongest advertising and marketing budgets directed at seeking high caliber talent.
In addition to Kardok, the eCareer management team includes company founder Joseph Azzata, chief executive officer and chairman, a leader in the area of health care staffing, and web-based and automated recruiting processes. From 2002 to 2010, Azzata was CEO and co-founder of Medical Connections Holdings, Inc., a national and publicly held health care staffing and recruiting firm.
"We believe web-based recruitment will become the leading way employers fill jobs because of its immediacy, reach and cost-effectiveness," said Azzata. "But the true power of the medium is to use web technology and emerging mobile applications to target highly skilled candidates, as well as high caliber passive professionals, and create communities that engage and build professional relationships and networks between individuals and companies."
Azzata further commented, "eCareer will deliver a highly efficient platform to provide talent seeking organizations a way to enhance their professional and social media presence and showcase their corporate brand, culture and employment value proposition."
About eCareer, Inc.
Headquartered in Boca Raton, Florida, eCareer is an early-stage high growth Internet marketing company. Through developing branded career websites focused on specialized "Internet Job Verticals," the company's goal is to provide the most effective job advertising platforms in the marketplace. With an emphasis on the use of superior technology, eCareer will address the high demand for and the shortage of skilled professionals in specific sectors, while attracting clients with strong advertising budgets.
For additional information: www.ecareer.com
Forward-Looking Statements
This press release includes forward-looking statements as determined by the U.S. Securities and Exchange Commission (the "SEC"). All statements, other than statements of historical facts, included in this press release that address activities, events, or developments that the company believes or anticipates will or may occur in the future are forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include the success of the transaction between Barossa Coffee Company, Inc. and eCareer, Inc., the company's ability to obtain additional capital in the future to fund planned expansion, the demand and growth of online recruiting and staffing, general economic conditions, and other factors over which the company has little or no control. The company does not intend (and is not obligated) to update publicly any forward-looking statements. The contents of this press release should be considered in conjunction with the warnings and cautionary statements contained in the company's recent filings with the SEC.
CONTACT:
Caitlin Carroll
(212) 266-0061
SOURCE eCareer, Inc.
Price Size Exch Time
$1.0000 500 OBB 13:03:20
$1.0000 1,000 OBB 09:34:47
$1.0500 300 OBB 12/10
$0.4500 9,000 OBB 09/25
$0.4500 5,000 OBB 09/25
$0.4500 2,000 OBB 09/14
$0.6500 2,500 OBB 08/30
$0.6000 2,500 OBB 04/18
$0.5100 1,000 OBB 04/18
$0.5100 2,500 OBB 04/18
$0.4385 2,500 OBB 04/18
$0.4000 2,500 OBB 01/04
$0.4000 2,500 OBB 12/12
$0.4000 2,000 OBB 10/03
$0.4000 2,500 OBB 09/26
$0.5500 2,500 OBB 06/29
$0.5100 750 OBB 03/15
$0.3000 650 OBB 11/23
$0.5000 650 OBB 10/26
$0.2500 3,000 OBB 06/30
$0.3000 5,000 OBB 06/29
$0.6000 750 OBB 06/16
$0.3000 500 OBB 02/12
$0.3500 2,000 OBB 12/17
$0.3500 2,000 OBB 01/07
$0.3800 2,000 OBB 11/25
$0.3800 2,000 OBB 11/25
$0.3800 2,000 OBB 11/25
$0.5500 2,500 OBB 06/18
$0.3500 2,000 OBB 05/15
a shell looking like a now reverse merger... see the filings... beyond that it's risk, speculation and pieced together DD
g/l!
"BCCI shall file an amendment to its Articles of Incorporation with the Secretary of State of the State of Nevada in substantially the form attached hereto as Exhibit "B" effecting an amendment to its Articles of Incorporation to reflect a name change (as selected by ECI), but expected to be eCareer Holdings, Inc."
"eCareer has no plan to proactively sell the company for at least five years, at which time it could also consider moving
up to a larger stock exchange. eCareer would consider approaches by Dice or others before then"
Time & Sales
Price Size Exch Time
$0.6500 2,500 OBB 08/30
$0.6000 2,500 OBB 04/18
$0.5100 1,000 OBB 04/18
$0.5100 2,500 OBB 04/18
$0.4385 2,500 OBB 04/18
$0.4000 2,500 OBB 01/04
$0.4000 2,500 OBB 12/12
$0.4000 2,000 OBB 10/03
$0.4000 2,500 OBB 09/26
$0.5500 2,500 OBB 06/29
$0.5100 750 OBB 03/15
$0.3000 650 OBB 11/23
$0.5000 650 OBB 10/26
$0.2500 3,000 OBB 06/30
$0.3000 5,000 OBB 06/29
$0.6000 750 OBB 06/16
$0.3000 500 OBB 02/12
$0.3500 2,000 OBB 12/17
$0.3500 2,000 OBB 01/07
$0.3800 2,000 OBB 11/25
$0.3800 2,000 OBB 11/25
$0.3800 2,000 OBB 11/25
$0.5500 2,500 OBB 06/18
$0.3500 2,000 OBB 05/15
$0.5500 2,500 OBB 04/10
$0.5500 2,500 OBB 04/10
$0.5500 2,500 OBB 04/10
$0.5500 2,500 OBB 03/06
$0.5500 7,500 OBB 03/06
unless i'm missing something here OR unless more shares will be issued
(?)
4,734,100 @ $15M valuation = $3.16/sh ???
4,734,100 @ $25M valuation = $5.28/sh ???
(?)
then i wonder what about a possible fwd split with them having 90% of the shares???
too many unknowns BUT I'm happy to see how it plays out with my .58 avg
4,734,100 shares per "4,260,690 shares of the Registrant's common stock which shares will represent 90% of the Registrant's common stock "
"it could be “loosely” valued around USD 15m-25m"
Item 1.01 Entry Into a Material Definitive Agreement.
On August 30, 2012, the Registrant entered into an agreement to acquire all of the outstanding common stock of eCareer, Inc. (ECI), a Florida corporation, in exchange for 4,260,690 shares of the Registrant's common stock which shares will represent 90% of the Registrant's common stock upon completion of the transaction (Closing). In addition, ECI will pay $245,000 for the Registrant's common stock. Thus, at Closing ECI will become a wholly-owned or controlled subsidiary of the Registrant, however, the Registrant will be a holding company and all business operations will be conducted through ECI.
The current sole officer and director of the Registrant will resign at Closing and persons designated by ECI will be appointed as management of the Registrant and the Registrant will change its office location to that currently maintained by ECI. At Closing Registrant will change its corporate name to ECI Holdings, Inc.
The Agreement also provides that the Registrant will redeem 4,260,690 of its currently outstanding shares of common stock from its 3 principal stockholders for $215,000, all of which funds will come from the monies paid by ECI for the Registrant's common stock.
$20,000 of the $245,000 was paid by ECI upon execution of the Agreement on August 30, 2012, and 4 additional non-refundable installments of $10,000 each are to be paid by ECI through December 15, 2012. The Agreement provides that the Closing must take place on or before December 31, 2012.
No assurance can be given that the transaction will be completed. Furthermore, the Closing is contingent upon ECI being able to raise the funds to pay the full $245,000 and to complete an audit of its financial statements by December 31, 2012. Management of the Registrant is unable to conclude that it is more likely than not that the transaction will be completed.
The Registrant is a shell corporation as defined by the SEC. ECI is a start-up, development stage company that has not yet commenced revenue producing operations and no assurance can be offered that it will ever be able to generate revenues or be successful in its proposed endeavors.
ECI was formerly known as eCareer Connections, Inc., formed in October 2009. Its stated goal is to provide a profession-specific, interactive “branded” online environment for organizations, job seekers and passive employment candidates in order to improve and expand its “Talent Acquisition System”. This is intended to combine a career-specific content-rich online community with a career-specific and branded professional group and social networking environment.
These profession-specific verticals are intended to be the core of ECI's Talent Acquisition System. Each vertical represents a limited talent sphere combining online professional/social interaction and occupation-specific career content.\
Information about education, industry events, industry trends, industry news and other areas related to the specific profession are provided in each industry vertical. Each vertical becomes a job board, personalized career center and professional and social network, fully integrated through a website and connected to branded professional and well-known general social networks on, as well as within, narrowly specialized networks on and other online communities.
2
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9.01 Exhibit List
The following exhibits are attached hereto:
10.1 Plan and Agreement of Reorganization between Barossa Coffee Company, Inc., et al., and eCareer, Inc., dated August 30, 2012.
SIGNATURES
In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Barossa Coffee Company, Inc.
Date: September 4 , 2012 by: /s/ Thomas G. Kimble
Thomas G. Kimble , President & Secretary/Treasurer
(Chief Executive Officer and Chief Financial Officer)
Hmm, I wonder what the story is here..
Is this shell available?
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eCareer Holdings, Inc. (ECHI) is an early-stage Internet company working to organize the online hiring process by creating content-rich, profession-specific communities. By fully integrating its personalized career centers with matching branded professional and social networks, the company creates a solution for employers and professionals to enjoy the very best user experience.
The company’s development of branded career websites focuses on specialized “Internet Job Verticals,” which allow for some of the most effective job advertising platforms on the market. Through the use of superior technological solutions, ECHI plans to address the high demand for skilled professionals in a variety of narrow sectors while simultaneously attracting potential clients with strong advertising budgets.
Headquartered in Boca Raton, Florida, ECHI launched its first site, Openreq™, in January 2013. Using advanced software solutions, the site provides staffing, recruiting and human resource professionals with access to job openings in their desired sector. With a single post to Openreq, companies can reach more than 1,300 sites including popular social networking destinations such as Indeed, Glassdoor, Facebook and SimplyHired. The company is also currently developing Cardiologist.com and BioFuel Zone, which are planned for release in the near future.
Led by a team of experienced executives headed by Chief Executive Officer Joseph J. Azzata, ECHI is persistently working to refine its effective job database solutions. With a range of unique features including industry news, social media groups, webinars, events, training programs and consolidated industry statistics, ECHI continues to engage in the design and development of revolutionary career websites aimed at recruiters, staffing companies and government agencies.
eCareer Holdings, Inc. | Openreq |
Investment Highlights
Business Model
ECHI’s business model is based on two main long-term trends in the talent acquisition process:
As the company builds its Internet presence, brand recognition and “talent pools” across various career verticals, advertising revenue will continue to grow. The company intends to develop and operate as many as 12 specialized career sites in various sectors.
Together, these factors will heighten the value proposition of the company and increase shareholder equity.
ECHI generates revenue by selling job postings, featured jobs, access to resume databases, banner ads and employer branding. The company’s main focus will be on recruitment packages consisting of multiple jobs on quarterly or annual contracts.
Competitive Advantage
The career portal industry is broad and highly competitive. However, specialized career specific websites and job portals are highly fragmented; in fact, some career specialties have few or no presence of specialized career websites. ECHI addresses specialized careers that have a high demand for those professionals and where the recruiting and staffing activities are robust and complex processes with high cost-per-hire. Additionally, ECHI is specifically focused on specialized professions with forecasted long-term hiring demands that are expected to create strong competition and shortages of those professionals. These verticals traditionally attract clients with the strongest advertising budgets.
ECHI has the expertise and ability to target specific careers that have several key factors:
Job Posting Revenue Streams
Job postings by healthcare facilities and recruiters specialized in the healthcare industry: This revenue will be a combination between single job posting fee and multiple job posting plans on one or several job boards owned by the company. As part of all ECHI revenue, this stream is expected to account for 80% the company’s revenue.
Resume database sales to healthcare facilities: ECHI will sell individual or large database access to healthcare employers and recruiters, who are not willing to post job announcements. This revenue stream is expected to account for 5% of the total company revenue.
Product and service Internet advertising on the healthcare job boards owned by ECHI: Additional stream of revenue is the selling of Internet real estate on the different job board pages to companies who want to advertise their services and products. This revenue stream is expected to account for 10% of the company revenue.
Expertise, analysis and research products on Internet healthcare job advertising: During its operations, ECHI will collect vast amount of data. The expertise of its employees in healthcare job advertising will be capitalized through selling of customer request data reports, specialized webinars, research papers and industry analyses. This revenue stream is expected to account for 5% of the total company revenue.
Additional Revenue Streams
Acquisitions: By following a smart and focused acquisition policy, ECHI will increase its revenue by acquiring established, highly profitable and award winning job boards and sites which allows the company to expand its market position while saving money and internal resources.
Web-Based Medical Job Boards of competitors: ECHI plans to acquire several niche web-based job boards that specialize in specific medical areas. The target for this type of acquisition will be job boards with established web presence and a steady traffic of candidates looking for healthcare positions and career advancement.
Web-Based Community Service for Medical Professionals: ECHI will launch a free registration-based community for medical professionals. Revenues will be increased indirectly through the use of this service, as those users visiting the web hub will become aware of the company’s other business.
Social Networking Recruiting: ECHI utilizes new technologies as a recruiting platform. Linkedin.com, Facebook, blogs and micro-blogs have proven to be cost-efficient and rich sources for qualified candidates, especially for executive nursing or new graduates. The synchronization between all job boards of the company and these services will create brand awareness and drive more clients and candidates to the company’s Internet domains.
Products and Services
For Professionals and Job Candidates
ECHI develops highly specialized career websites with profession-specific content: job listings, industry information and news, career development tips, webinars, info-graphs, videos and a customized subscription tool to receive email alerts. The content, job search features and access to these sites will be available to web visitors at no cost.
The goal of these websites is to become the number-one choice for career professionals, where not only active job seekers can interact with advertisers, but also passive candidates can enjoy a unique career site experience.
Employers, Talent Acquisition Professionals, Recruiters & Staffing Agencies
Using the latest candidate matching technology, ECHI enables clients to efficiently reach and target highly qualified “talent pools.” The company’s specialized “talent pools” enable advertising clients to leverage their talent acquisition budgets across 1,300 plus career websites and reach more than 100 million candidates through a single job posting at a fixed rate. This unique platform will also give clients fully disclosed real-time performance data on each job posting saving clients advertising costs and time, as well as centralize their hiring and recruiting efforts.
Openreq.com
The November 2014 re-launch of Openreq.com, a leading news source for human resources, staffing and recruiting professionals, implemented a new "viral news" content format that within three months garnered hundreds of positive comments from members of the human resources, staffing and recruiting community. In addition, Openreq.com "Daily News" subscriptions experienced significant growth in the same time-frame, with approximately 23,000 daily news subscribers, while overall traffic increased 1,000%.
The Openreq website is modeled off the newest and most popular forms of news and social story sharing websites such as The Huffington Post, TED, Buzz Feed and Viral Nova. These sites curate large amounts of news and content and have been wildly successful in gaining traffic and signing up registered users. For these reasons, ECHI has applied that very successful model to Openreq.com.
Openreq is changing the way organizations advertise online for talent by providing a viral and content-driven career community. Openreq shares the most recent industry-related news, stories, videos, and blog posts in a fun, career-inspiring format. The site features the latest and most popular content to keep users informed on their industry as well as information and opportunities for career advancement. The Openreq team also adds its own exclusive stories, videos, news, and even comic relief.
Openreq.com fully integrates the job board from RealMatch which, according to an independent survey conducted by The Job Board Doctor, is one of the Top 3 job platforms that generate revenue for their job boards. The partnership with RealMatch provides the distribution and support Openreq needs to satisfy client job ads. RealMatch uses its expertise to monitor Openreq clients’ job ads to ensure that each ad is receiving traffic and resumes; if these components are not up to par, RealMatch has a protocol in place to make adjustments and suggestions to increase traffic and applicants.
ECHI’s mission, through Openreq and additional planned career matching websites, is to organize the online hiring process by creating content-rich profession specific communities that are fully integrated personalized career centers - each with matching branded professional and social networks where employers and professionals can enjoy the very best user experience possible.
Openreq.com's new jobs section drives response rates up to four times higher than the leading national job board, providing clients with unprecedented outreach to top human resources, staffing, and recruiting professionals within the Openreq community and on the TheJobNetwork™, the largest recruitment ad network of job sites in North America.
Market Opportunity & Strategy
The target market for ECHI is the vast array of not-for-profit and for-profit organizations, companies and healthcare institutions and medical research facilities in the United States that deliver healthcare, as well as everyone who works in them and within all healthcare fields/specialties.
Client Profiles
External HR Departments for Hospitals: These are companies hired by hospitals to outsource the services of HR departments. They are also a natural market ECHI.
Recruiting and Staffing Companies and Individual Recruiters: These clients are another main market for ECHI and will account for 50% of all ad revenue. As a group, they represent $10.2 billion industry and depend heavily on Internet advertising for their recruiting and staffing needs. They also are big potential client for the research, analysis and expertise products of ECHI.
All Other Businesses (Healthcare-Related & Not): Database mining businesses, product and services advertisers will grow as client base for ECHI as the company increases its Internet presence and can profitably insure lead generation for all these companies.
Company-Created Web 2.0 Sites, Social Network Sites and Pages: With the growing importance of the social web, or Web 2.0, companies use all their web presence to generate revenue. Company blogs, blogs created inside of private networks, such as, twitter.com and company research sites, are profitable advertising platforms, as long as they are situated at the top of search engines. With its expertise and multiple domain names, ECHI will generate significant amount of content, appealing to healthcare specialists. This will attract advertisers to these social media sites, and thus contribute to the company revenue.
Demand
Internet Advertising Demand
According to International Data Corporation (“IDC”), the number of global Internet users is projected to grow from 2.7 billion in 2013 to over 3.8 billion in 2017. Additionally IDC reports home broadband access is expected to increase from 655 million in 2013 to 859 million in 2017. This trend is bringing online access to large groups of professionals from diverse industry segments and enabling employers, recruiters and staffing professionals to target them through websites featuring career content and online job opportunities.
Hiring and Staffing Demand
The U.S. staffing industry is a 110 billion market. The 2014 Bureau of Labor Statistics indicate the U.S. averages 4.5 million monthly job openings, and also reports approximately 4.8 million hires and 4.5 million separations monthly. This level of employment activity creates a very competitive hiring landscape. Career X Roads 2013 source of hire report indicated that career websites and job boards combined accounted for 41.5% of all U.S. hires.
Recent Industry Transactions
Management Team
Joseph J. Azzata - CEO Joseph J. Azzata is the founder of eCareer, Inc. and has been the chief executive officer and chairman of eCareer Holdings, Inc. since closing of the exchange agreement. He is a leader in the area of talent acquisition, staffing, recruiting and HR with a specialized emphasis on web-based and automated recruiting processes. From 2002 to 2010, Azzata was the CEO and co-founder of MedicalConnections Holdings, Inc. Azzata was instrumental in the growth and expansion of Medical Connections, a national and publicly held healthcare staffing firm. In 2007, Medical Connections was awarded the Gold Seal Certification in Healthcare Staffing from the Joint Commission on Healthcare Staffing. In 2009 Medical Connections was identified as the seventh fastest growing staffing firm in the United States by the Staffing Industry Analysts. Azzata will use his vision and leadership to guide eCareer into an innovative industry leader in specialized online career websites and job boards. Azzata will continue to use his vast resources and insight to attract and acquire immensely creative employees and build a world class executive team. He will focus and dedicate his efforts to the growth and expansion of the company’s business model and forge strategic alliances with industry-related organizations in order to continuously add new and unique features and upgrades to specialized online career websites. | |
Tim Kardok - Director Tim Kardok currently serves on the board of directors of eCareer and works with the company as a special consultant. Kardok’s past experience is in the areas of strategy, corporate growth, planning, marketing, finance, and sales. Throughout his career, he has held various senior management positions at multiple corporations, and has assisted various companies in a consulting capacity. He also has experience in product development and market deployment; corporate infrastructure design; change management; strategic planning; capital formation, public IPO strategy, strategic acquisitions / acquisition integration; distribution analysis, strategy design and implementation. Kardok is a former CEO and director of an AMEX listed corporation and has more than 30 years of experience. Kardok earned a Bachelor of Arts in Marketing from the University of Notre Dame and an MBA from the University of Bridgeport. | |
John Barbar - Financial Advisor John Barbar is the financial advisor for eCareer. He is a senior financial solutions and administrative executive who is regarded as a dynamic leader and team builder with extensive hands-on experience in financial leadership, corporate administration, financial project analysis, and human resource management for profit and non-profit organizations. He is known as a trusted financial adviser to entrepreneurs and small and mid-sized business owners in South Florida. Barbar has for more than 13 years served contiguously as senior financial officer for name-brand public and privately held companies with revenues ranging from $13 million to a $200 million division of multi-billion dollar company in such disciplines as real estate development, commercial & residential construction, general contractors, sub-contractors, manufacturers, and distributors. He is praised for his keen insight needed in developing financial solutions targeted at budgets, strategic financial forecasts, improving profitability, capital generation, strategic planning, risk management, and innovative measurements of key financial performance indicators. |
eCareer Holdings, Inc. |
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