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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EmergingGrowth.com is a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies. Through its evolution, EmergingGrowth.com found a niche in identifying companies that can be overlooked by the markets due to, among other reasons, trading price or market capitalization. We look for strong management, innovation, strategy, execution, and the overall potential for long- term growth. Aside from being a trusted resource for the Emerging Growth info-seekers, we are well known for discovering undervalued companies and bringing them to the attention of the investment community. Through our parent Company, we also have the ability to facilitate road shows to present your products and services to the most influential investment banks in the space.

 

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