Trucept, Inc. (OTC Pink: TREP) Forecasts $60 million in Revenue, Creates Uber-Like App for Staffing Industry
03 August 2016 - 9:00PM
InvestorsHub NewsWire
Miami, FL -- August 3, 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 on Trucept, Inc. at EmergingGrowth.com
http://emerginggrowth.com/trucept-inc-otc-pink-trep-forecasts-60-million-revenue-creates-uber-like-app-staffing-industry/
Trucept Inc. (OTC
Pink: TREP) new to EmergingGrowth.com, stands to be a major
disruptor in its high-growth industry when it releases its
Uber-like temporary staffing app in the coming weeks.
The 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.
With a recent market cap of approximately $650,000.0, and a net
income of $697,000.00, management is forecasting full year 2016
revenue of $60 million and net income up almost 300%.
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. 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 company’s 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 on Trucept, Inc. at EmergingGrowth.com
http://emerginggrowth.com/trucept-inc-otc-pink-trep-forecasts-60-million-revenue-creates-uber-like-app-staffing-industry/
Other Emerging Growth
News
GeoVax Labs, Inc.
It’s interesting that GeoVax Labs, Inc. (OTCQB:
GOVX) Traded down 5% yesterday on high volume after the company
announced a contract to manufacture an HIV vaccine for advanced
human clinical trials.
The company traded approximately 12 million shares over the past
two trading sessions and realized a 25% gain before profit taking
set in yesterday.
Box Ships,
Inc.
Box
Ships, Inc. (OTCQX:
TEUFF) noticed a 50% gain today on no news announced. Their
most recent announcement came in the form of a letter to
shareholders issued on July 11,2016. The company noticed a rebound
over the past two trading sessions after its strong decline citing
news of delays in debt repayment.
You
can see the original story on EmergingGrowth.com here: http://emerginggrowth.com/box-ships-inc-otcqx-teuff-drops-20-heavy-volume-postponing-debt-repayment/
Ascent Solar
Technologies, Inc.
Ascent Solar Technologies,
Inc. (OTCQB:
ASTI) is a developer of
thin-film photovoltaic modules with substrate materials that can be
more flexible and affordable than most traditional solar panels.
Ascent Solar modules can be directly integrated into standard
building materials, aerospace applications, consumer electronics
for portable power or configured as stand-alone modules for large
scale terrestrial deployment. Ascent Solar is headquartered in
Thornton, Colorado.
The company noticed a nice gain today
after announcing the debut of the the Kickr 7FL and Kickr
10FL, the world's lightest consumer solar chargers, at Outdoor
Retailer in August 2016.
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