First Rate Staffing Corporation (CE) (FRSI) Quote

IN FRSI

Q1 2016 Financial Summary
Revenues in the first quarter of 2016 increased 42% to $7.0 million, compared to $4.9 million in the same year-ago quarter. The increase in revenues was due to new clients added and organic growth.

Gross profit in first quarter of 2016 increased 118% to $0.8 million, versus $0.4 million in the same year-ago quarter. Gross margin in the first quarter of 2015 increased 416 basis points to 12.0%, compared to 7.8% in the same year-ago quarter. The increase in gross margin was due to lower state and federal unemployment tax rates for the company's staffing employees and increased revenues in the first quarter of 2016, as compared to the same year-ago quarter.

General and administrative (G&A) expenses in the first quarter of 2016 increased 59% to $0.7 million versus $0.5 million in the same year-ago quarter. The increase in G&A expenses was primarily due to increased payroll costs associated with additional headcount added to manage the increase in the company's volume.

Net income in the first quarter of 2016 was $8,308 or $0.00 per share, as compared to a loss of $137,000 or $(0.02) per share in the same year-ago quarter.


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FRSI... HUGE Q1.... First Rate Staffing Reports First Quarter 2016 Results

VERY STRONG! .... $10.00 PPS ...On the horizon!
http://finance.yahoo.com/news/first-rate-staffing-reports-first-123100162.html



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First Rate Staffing Up-lists to OTCQB Under Symbol "FRSI".

http://www.streetinsider.com/dr/news.php?id=11433065


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FRSI $1.90 - is about to start getting jiggy now!
$10.00 Target near term$$$




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Very nice find Cameron

Looks like things are going to start heating up around here.

http://www.otcmarkets.com/stock/FRSI/news/First-Rate-Staffing-to-Present-at-the-28th-Annual-ROTH-Conference-on-March-14--2016?id=127181

Did you see the "Ask" was $10.00 this morning? That goes to show how thin the ask is... FRSI can go PARABOLIC!



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$10.00 is my prediction!!

FRSI

I see that. Not long till it bust out here

$1.85 X $1.90 now! ... And climbing!

FRSI

Thing's are about to heat up for FRSI.

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Yes it does! Growing and room for growth!

That is true and the 10q looked pretty good

I agree but with this low float it could move quick without much.

On watch. Like how small the float is but wish it had more volume

1.6 milly float may be heading to $10

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=151402

FRSI is $1.60 X $1.90 now!

SHHHHH... FRSI is going to quietly climb to $10.00 BUCKS!

Soon FRSI will amaze everyone!! :)

FRSI is flying under the radar right now But it could become Explosive once people realize it is an actual company doing Real business!
Here's a little food for thought as well...

FRSI

Nine Months Ended September 30, 2015
Revenues $ 21,770,957

7,500,000 shares issued and authorized at September 30, 2015 and December 31, 2014

Take note*...

Our revenues increased by $9,957,462, or 84.3%, during the nine months ended September 30, 2015 as compared to the same period in 2014. The increase in revenues is due primarily to additional clients picked up towards the end of the quarter ended March 31, 2015. These new clients provided for additional revenue during the nine months ended June 30, 2015 as compared to the same period in 2014. In addition, the increase in revenues is also partially due to additional customers from the acquisition of Loyalty on February 11, 2014. As a result of the Loyalty acquisition, the revenues during the nine months ended September 30, 2015 reflect a full nine months of additional revenue from the acquired customers, whereas the revenues from the same period in 2014 only reflect additional revenues generated from the additional Loyalty customers subsequent to the acquisition date of February 11, 2014.

$1.51 x $1.70 FRSI

Keep a close eye on this one! FRSI

frsi volume is definitely picking up! Something is brewing here!

$1.45 X $5.00 ...FRSI.

Nibble, nibble... inch by inch Up.

Frsi.

Could get very interesting around here soon!
frsi

FRSI... Could hit $9.00.

Let's see what happens here?
Frsi