genlou
1 month ago
(PRNewsfoto/Trucept Inc.)
"We are thrilled to announce these outstanding financial achievements for the fiscal year 2023," said Norman Tipton, CEO of Trucept Inc. "Our relentless dedication to enhancing financial stability, operational efficiency, and sustainable growth has yielded exceptional results. We remain committed to delivering value to our stakeholders while maintaining a strong financial foundation."
Highlights include:
Successful Accounts Receivable Collection Efforts: Trucept focused its Accounts Receivable collection efforts in 2023, resulting in a substantial reduction in its AR balance by $4,118,457. This concerted effort underscores Trucept's commitment to financial stability and efficient operations.
Impressive Increase in Working Capital: Trucept accomplished a remarkable 111% increase in Working Capital during 2023. The increase of $1,063,214 brought Trucept's working capital ratio into positive territory. This achievement directly correlates with the successful cash collection efforts mentioned earlier, and reflects Trucept's sound financial management practices.
Sustained Operational Efficiencies and Corporate Growth: While focusing on corporate growth initiatives, Trucept also maintained its operational efficiencies throughout 2023. This is evidenced by the remarkable 44% year-over-year increase in "Profit from Operations" and the notable improvement in Net Profit Percentage from 8% in 2022 to 9% in 2023. These results underscore Trucept's ability to balance growth with operational excellence.
Trucept Inc. continues to innovate and adapt to meet the evolving needs of its clients while driving sustainable growth and delivering shareholder value. It's portfolio of professional services includes:
Data Driven Marketing, Technology, and Accessibility Act compliance
Insurance Offerings and Third-party Administrator (TPA) services
Full-Service Payroll
Human Resources and Management
Accounting Support
XenaLives
2 months ago
This one seems to be dead...
The six new business units include:
Afinida Marketing: Catering to the dynamic needs of modern businesses, Afinida Marketing will provide cutting-edge full-service marketing solutions and strategies to enhance brand visibility and drive growth.
Afinida Risk Management: With an emphasis on mitigating business risks, this subsidiary will offer comprehensive risk management solutions, helping clients navigate the ever-evolving business landscape with confidence.
Afinida Payroll: Ensuring smooth and efficient payroll processes, Afinida Payroll will offer both standardized and customizable payroll solutions tailored to the specific needs of each business.
Afinida Accounting: This subsidiary will focus on providing top-tier accounting services, from bookkeeping to financial analysis, assisting businesses in maintaining accurate records and making informed financial decisions.
Afinida Insurance: Addressing the diverse insurance needs of businesses, Afinida Insurance will offer a range of products and services, from general liability to specialized coverage options.
Afinida HR Services: Recognizing the importance of effective human resources management, this unit will offer HR solutions that help businesses recruit, train, and retain the best talent, while also ensuring compliance with labor laws and regulations.
https://www.prnewswire.com/news-releases/trucept-announces-the-formation-of-six-new-wholly-owned-subsidiaries-301962323.html
02/08/24 0.0394 0.0394 0.0394 0.0394 10,000
02/07/24 0.0394 0.0394 0.0394 0.0394 1,960
02/06/24 0.0408 0.0408 0.0408 0.0408 4,060
02/05/24 0.0394 0.0394 0.0394 0.0394 4,000
01/31/24 0.0394 0.0394 0.0394 0.0394 5,024
01/25/24 0.045 0.045 0.045 0.045 2,500
01/24/24 0.0394 0.0394 0.0394 0.0394 700
01/23/24 0.045 0.045 0.045 0.045 100
01/22/24 0.038 0.038 0.038 0.038 300
01/16/24 0.046 0.046 0.046 0.046 1,000
01/11/24 0.0435 0.046 0.039 0.039 1,780
01/08/24 0.048 0.048 0.048 0.048 100
01/04/24 0.0435 0.048 0.0435 0.0435 2,500
01/02/24 0.0452 0.0452 0.043 0.043 10,400
12/29/23 0.0371 0.045 0.0371 0.045 24,002
12/28/23 0.041 0.045 0.0395 0.045 84,708
12/27/23 0.04 0.0451 0.04 0.0451 7,829
12/26/23 0.04 0.04 0.04 0.04 2,000
12/22/23 0.0479 0.0479 0.0479 0.0479 8,003
12/20/23 0.0465 0.052 0.037 0.044 69,000
12/18/23 0.0365 0.047 0.0365 0.047 8,550
12/14/23 0.0385 0.0469 0.0385 0.0469 10,000
12/13/23 0.0365 0.0469 0.0365 0.0469 4,090
12/12/23 0.0448 0.0448 0.0385 0.0385 3,000
12/11/23 0.0469 0.0469 0.0385 0.0385 22,833
12/08/23 0.0385 0.047 0.0385 0.047 9,000
12/07/23 0.0415 0.0428 0.0415 0.0428 5,400
12/06/23 0.047 0.047 0.047 0.047 2,404
12/04/23 0.0463 0.0463 0.0463 0.0463 7,312
12/01/23 0.045 0.049 0.0385 0.045 182,2
11/30/23 0.045 0.05 0.044 0.044 120,100
11/29/23 0.048 0.048 0.047 0.047 31,000
11/28/23 0.0445 0.0445 0.0445 0.0445 3,013
11/22/23 0.041 0.0435 0.041 0.042 65,002
11/21/23 0.052 0.052 0.038 0.0385 325,800
11/20/23 0.055 0.055 0.05 0.05 26,000
11/17/23 0.0535 0.055 0.052 0.055 59,920
11/16/23 0.055 0.055 0.0513 0.0535 14,193
11/15/23 0.047 0.055 0.047 0.05 151,080
11/14/23 0.045 0.046 0.0425 0.045 67,400
11/13/23 0.0449 0.045 0.044 0.045 140,100
11/08/23 0.0375 0.0375 0.0375 0.0375 21,878
11/07/23 0.0361 0.0361 0.036 0.036 15,002
11/06/23 0.035 0.0428 0.035 0.0428 57,400
11/02/23 0.043 0.048 0.036 0.048 14,101
11/01/23 0.039 0.039 0.039 0.039 20,000
10/31/23 0.039 0.039 0.039 0.039 20,000
10/30/23 0.039 0.039 0.039 0.039 118
10/26/23 0.0435 0.0446 0.0435 0.0444 36,400
10/25/23 0.0435 0.0435 0.0435 0.0435 10,000
10/24/23 0.0445 0.0445 0.039 0.039 4,900
10/23/23 0.0421 0.0421 0.0421 0.0421 10,000
10/20/23 0.0425 0.0425 0.0425 0.0425 60,000
10/19/23 0.0425 0.0425 0.0425 0.0425 420
10/18/23 0.0425 0.0425 0.0425 0.0425 30,300
10/16/23 0.043 0.043 0.043 0.043 1,000
XenaLives
4 months ago
It was just an observation, hence the ????.
Day after day no trades are reflected on the IHUB chart.
I just looked up volume and delisting does seem to be on the horizon... there is no coherent business plan here.
10/16/23 0.043 0.043 0.043 0.043 1,000
10/12/23 0.0425 0.0425 0.0425 0.0425 6,203
10/10/23 0.0519 0.0519 0.0488 0.0488 5,600
10/09/23 0.0488 0.0488 0.0488 0.0488 100
10/05/23 0.0488 0.0488 0.0488 0.0488 250
10/04/23 0.0515 0.055 0.045 0.045 29,200
10/03/23 0.0475 0.0535 0.0475 0.05 2,350
10/02/23 0.0451 0.0451 0.0451 0.0451 7,500
09/29/23 0.045 0.045 0.045 0.045 2,155
09/28/23 0.057 0.057 0.0486 0.0486 3,955
09/27/23 0.05 0.0576 0.05 0.0576 7,300
09/26/23 0.0525 0.0525 0.048 0.048 10,143
09/22/23 0.057 0.059 0.0525 0.0525 127,239
09/20/23 0.056 0.057 0.056 0.057 1,266
09/19/23 0.0558 0.0558 0.0558 0.0558 5,100
09/18/23 0.0525 0.056 0.0525 0.056 20,266
09/13/23 0.0525 0.0525 0.0525 0.0525 500
09/12/23 0.054 0.0569 0.054 0.0569 33,474
genlou
5 months ago
IncomePress Release | 11/15/2023
Trucept Announces 427% Increase In Operating Income
PR Newswire
SAN DIEGO, Nov. 15, 2023
SAN DIEGO, Nov. 15, 2023 /PRNewswire/ -- Trucept Inc. (OTC Pink: TREP) Trucept has increased operating Income by 160% and 427% for the 3 and 9 months ending September 30, 2023 as compared to the same periods the prior year. Trucept has also increased Net Income by 130% and 154% for the 3 and 9 months ending September 30, 2023 as compared to the same periods in the prior year. Trucept reduced Operating Expenses by 36% and 22% for the 3 and 9 months ending September 30, 2023 as compared to the same periods the prior year.
(PRNewsfoto/Trucept Inc.)
CEO Norman Tipton commented:
"We are incredibly grateful for our dedicated team's unwavering commitment and our valued customers' trust, which have led to our outstanding quarterly financial results. This achievement is a testament to our collective efforts and resilience. We remain focused on delivering innovative solutions, exceptional service, and sustainable growth as we move forward. Thank you all for being a vital part of our success story."
Trucept, offers professional services that help businesses navigate growth. The company's professional services now encompass the following:
Data Driven Marketing, Technology, and Accessibility Act compliance Services
Insurance Offerings and Third-party Administrator (TPA) services
Full-Service Payroll
Human Resources and Management
Employee Benefits Administration
Accounting Support
Safety and Risk Management
For additional information, visit www.trucept.com
Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/trucept-announces-427-increase-in-operating-income-301988262.html
SOURCE Trucept Inc.
Back to News Headlines
genlou
6 months ago
SAN DIEGO, Oct. 23, 2023 /PRNewswire/ -- A leader in business solutions, Trucept Inc., (OTC Pink: TREP) is proud to announce six new wholly owned subsidiaries, further expanding its portfolio and deepening its commitment to provide comprehensive business solutions. These new entities are based out of San Diego, CA, and each will focus on specific niches, ensuring targeted and expert solutions for clients.
(PRNewsfoto/Trucept Inc.)
The six new business units include:
Afinida Marketing: Catering to the dynamic needs of modern businesses, Afinida Marketing will provide cutting-edge full-service marketing solutions and strategies to enhance brand visibility and drive growth.
Afinida Risk Management: With an emphasis on mitigating business risks, this subsidiary will offer comprehensive risk management solutions, helping clients navigate the ever-evolving business landscape with confidence.
Afinida Payroll: Ensuring smooth and efficient payroll processes, Afinida Payroll will offer both standardized and customizable payroll solutions tailored to the specific needs of each business.
Afinida Accounting: This subsidiary will focus on providing top-tier accounting services, from bookkeeping to financial analysis, assisting businesses in maintaining accurate records and making informed financial decisions.
Afinida Insurance: Addressing the diverse insurance needs of businesses, Afinida Insurance will offer a range of products and services, from general liability to specialized coverage options.
Afinida HR Services: Recognizing the importance of effective human resources management, this unit will offer HR solutions that help businesses recruit, train, and retain the best talent, while also ensuring compliance with labor laws and regulations.
"By introducing these new subsidiaries, we are not only broadening our spectrum of services but also underscoring our commitment to excellence and specialization," said Norman Tipton, CEO of Trucept Inc. "With the Afinida range of services, businesses can now have a one-stop solution, addressing all their operational needs under one umbrella, or they can choose one or more specific solutions based on their specific needs. Each of the business units are led by industry veterans with deep experience in each core function, further adding value to our customer relationships."
About Trucept Inc.:
Trucept Inc. is a renowned name in the business solutions sector, dedicated to helping companies focus on their core operations while it takes care of the peripheral business processes. With its extensive suite of services and a commitment to excellence, Trucept has been a trusted partner for countless businesses, aiding their growth and success.
genlou
10 months ago
SAN DIEGO, CA – June 12th, 2023 – Trucept Inc. (OTC Pink: TREP) a leading provider of comprehensive business solutions, proudly announces today the establishment of its new marketing subsidiary, Afinida Marketing. This move is part of the company’s continued commitment to provide more comprehensive and innovative services to its clients.
Afinida Marketing is poised to offer a broad array of marketing services, from digital advertising and search engine optimization (SEO) to content creation, social media management, and market analytics. It is aimed at helping businesses to not only navigate, but also thrive in the rapidly evolving digital marketplace.
“This is a milestone in Trucept’s growth strategy,”says Norman Tipton, CEO of Trucept Inc. “Our mission has always been to empower businesses by handling their administrative functions, allowing them to focus on their core competencies. With the establishment of Afinida Marketing, we are now able to provide a full suite of marketing services tailored to the needs of our clients in the digital era.”
Afinida Marketing’s solutions will harness the power of artificial intelligence, big data, and the latest in marketing related technology tools aimed at providing clients with the most advanced and effective marketing strategies available.
“The formation of Afinida Marketing signifies our commitment to continuously evolve and adapt to the changing needs of businesses in the digital age”adds industry veteran and EVP of Sales and Marketing Kevin Brewer. “We are thrilled to be taking this step forward, and we believe it will bring immense value to our clients.”
For additional information, visit www.afinidamarketing.com
Go Back to All News
XenaLives
10 months ago
TREP may not be currently defined as a shell - but BONAR has recycled it again and again (along with DFCO, STTN and perhaps other shells) for decades.
My 2012 post on this issue:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=74960793
What is a "Shell company"?
The term “shell company” is narrowly understood as a public limited company which has largely ceased its operative business but whose stock exchange listing still exists despite minimal sales turnover. In practice, these are usually former traditional companies of the Old Economy which have experienced an economic decline due to structural changes or severe management errors. The actual inventory which this comes from is structurally weak industries such as railway companies, breweries, mining companies or mechanical engineers. In addition to this are, of course, companies which came onto the stock-exchange at the peak of the New Economy in the late 1990s. In this case, it often became apparent very quickly that the business model was not sustainable and these companies either went into insolvency or were able to close down or sell all loss makers, and “survive” with the remaining assets.
The common factor for these companies, apart from the loss in operative sales revenues, is that, after a delivery versus payment (DvP) sale of the relatively easily payable asset items, only part of the remaining stock of hard-to-use basic assets remains, or other assets which are currently not sellable or only sellable with large depreciations. The stock exchange listing of the shell generally represents the deciding value for potential buyers. If the shell company is purchased, the company’s new owner can flexibly change the corporate purpose and incorporate its own forward-thinking business potential into the company.
Shell companies enable an alternative means of going public without the long-winded, complicated proceedings of the traditional IPO process. The entrepreneur controls the concept of going public itself and is not dominated by banks, advisors, lawyers and auditors. Shell companies offer the entrepreneur with a high degree of independence from its credit-providing banks through a quick and easy path to the stock exchange, and enable direct access to the capital market and therefore the acceptance of interest-free share capital (equity capital).
Shell companies also enable a clear increase in the popularity of the company through its future positioning in the capital market.
https://www.listedshell.com/
Trade smarter, not harder: Unleash your inner pro with our toolkit and live discussions.
SPM555
8 months ago
Hot Features
Premium
