Trucept, Inc. (OTC Pink: TREP) Earnings Out - 1.6 Million 30%
Increase Forecasts $60 million in Revenue, Creates Uber-Like App
for Staffing
Miami, FL -- August 11, 2016 -- InvestorsHub NewsWire
-- EmergingGrowth.com, a leading independent small cap
media portal with an extensive history of providing unparalleled
content for the Emerging Growth markets and companies, reports on
Trucept, Inc. (OTC Pink: TREP)
TREP may not be at these levels much
longer.
See the Report and other recent news
on Trucept, Inc. at EmergingGrowth.com
http://emerginggrowth.com/?s=TREP
Trucept Inc. (OTC Pink: TREP) new to EmergingGrowth.com, stands to be a major disruptor in
the high-growth industry when it releases its Uber-like temporary
staffing app in the coming weeks.
Trucept Inc. (OTC Pink: TREP) has filed its second quarter
report for 2016. The Company earned a net profit of approximately
$1.6 million for the six months ending June 30, 2016.
For the three-month period ending June 30 alone, the company
earned a net profit of $920,526. This is a 30 percent increase in
profitability over the previous quarter.
CEO Brian Bonar said he is delighted with the companys
performance which continues to meet and exceed internal plans and
management also has reduced operating expenses by almost $1 million
for the same period.
Trucept Inc.s (OTC Pink: TREP) app is expected to deliver a
similar experience to the Uber ride-sharing app, which will allow
businesses to search for on-demand workers that are ready and able
to work and close to their location. In other words, the app will
be a whole new experience for connecting employees and
employers.
Without even analyzing competitors, Trucept, Inc. (OTC Pink:
TREP)s first quarter net income of $697,000 is greater than its
recent market cap of $628,277 just over a week ago. This is an
obvious sign of a valuation disparity that shows Trucept, Inc. (OTC
Pink: TREP) is believed to be undervalued.
Comparing Trucept, Inc. (OTC Pink: TREP)s valuation relative to
its five peers above, the valuation disparity only grows. Looking
at the companys closest competitor in market cap, Fortune
Industries, Inc. (OTC Pink: FDVF), the company has a valuation of
over $16 million and had full year 2015 revenue of $62.12 million. This
shows that if management can hit their target of $60 million in
revenue and $2 million net income for full year 2016, Trucept, Inc.
(OTC Pink: TREP) could see its market cap vastly expand from
currently levels.
TREP may not be at these levels much
longer.
See the Report and other recent news
on Trucept, Inc. at EmergingGrowth.com
http://emerginggrowth.com/?s=TREP
Other Emerging Growth News
Liquidmetal Technologies, Inc.
Liquidmetal Technologies Inc. (OTCQB: LQMT) engages in the
development, designing, and markets products that are composed of
amorphous alloys. The amorphous alloys assist with consumer
electronics, non-consumer electronics, defense, aerospace, health
care, sporting goods, and more. Liquidmetal Technologies Inc. is
seeing shares decline 13% on very heavy volume.
Over the past three months, the amorphous alloys company has
seen average daily volume of around 717,256 shares. However, over
2.45 million shares or dollar volume of around $343,000 has already
exchanged hands during early trading on Wednesday, August 10,
2016.
Shares of Liquidmetal Technologies Inc. are under pressure today
after the company released second quarter 2016 earnings. During the
second quarter, Liquidmetal Technologies Inc. reported total
revenues of $34,000, on a net loss of $824,000 during the
period.
See the full story on EmergingGrowth.com here:
http://emerginggrowth.com/liquidmetal-technologies-inc-otcqb-lqmt-declines-13-second-quarter-2016-release/
Growlife, Inc.
Growlife Inc., (OTC Pink: PHOT) has seen a pop yesterday in
their stock to the tune of almost 100%. The only recent release
form the company comes in the form of a Form D, which is a notice
of exempt form of securities which can be found here: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11534523
The filing was made on August 9, 2016.
Key Energy Services, Inc.
Key Energy Services, Inc. (OTC Pink: KEGX) has been on a 125%
upswing over the past three trading sessions. According to OTC
Markets, the company has not released any press since its
announcement of suspension of trading and NYSE delisting
commencement on July 27, 2016.
The company did however release its notice (NT 10Q) that its
quarterly filing will be made late.
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