|
|
||||
|
|
Talent Alliance, Inc. (TLAN)
|
|||
|
Wednesday, November 12, 2008 – 10:30 am PST/ 1:30 pm EST Green Baron New Focus Stock Pick Talent Alliance, Inc. (OTCPK: TLAN - .07 per share) Common Shares Outstanding / 94.79 million Approximate Float / 16,182,389 Current Market Cap / $6.64 million Six Month High / $.40 per share Six Month Low / $.04 per share Average Price / $.1429 (50-day) $.166 (200-day)
Talent Alliance on Target to Book $15 Million in Revenue for 2008 primarily through its Recruitment, Staffing, and Job Placement Divisions; Clients include Wal-Mart, Kawasaki, and Fortune 500 members Acquired Earlier this Year, Wholly-Owned Subsidiary Soar Consulting is America’s Fastest Growing Military Recruitment Firm As economies throughout the world fall into recession, The Green Baron Report is painstakingly trying to locate companies that will emerge strongly or continue to build on a profitable business model even in these times. It is more important than ever to have firms who help people find and secure jobs. Today, we believe we have found one of the best, and its stock is “on sale”. The Green Baron Report is proud to announce that Talent Alliance, Inc. (OTCPK: TLAN) is officially our 72nd fully profiled stock and will be added to our storied list of previously profiled stocks on our home page. Results compiled from the most recent trade possible prior to dissemination of this report to the subsequent high will be monitored at www.thegreenbaron.com. Although we have very aggressive short and long term expectations for this stock, we still suggest our members try to accumulate shares as close to today’s profile price as possible. TRADER’S NOTES: This undiscovered gem should not be trading on the Pink Sheets, and the stock is now trading at a ridiculous level. Since the company is filing quarterly reports, we legitimately should see this stock elevate to a better exchange soon. Based on its trading history, very few shareholders are willing to give up the stock below .20 per share. Although TLAN can trade thin at times, there is still significant upside particularly if you can pick off shares at .10 or better. We suggest members pick your price to buy and stick to it. Our opinion is that the stock will take care of itself soon and close the year at least two or three times the current price. Talent Alliance, Inc. (“Talent Alliance”), provides proprietary talent management services and talent acquisition technology applications and in the United States, The People's Republic of China and other countries worldwide. In addition to its world class talent acquisition technology offerings, Talent Alliance also provides permanent placement recruiting, military transition recruiting, contingent staffing services, employee leasing and benefits management services, to small, medium and large sized businesses and multi-national corporations in the United States and the People's Republic of China. The Company currently has offices in the United States in Texas, Florida, and California; as well as in the People’s Republic of China, in Shanghai, Beijing and Guangzhou, with over 1,000 employees worldwide. The Green Baron Report has identified several primary reasons why our members should own Talent Alliance (PK: TLAN) common stock now: 1. Big Clients - Talent Alliance clients include Wal-Mart and Kawasaki as well as oil and gas companies such as Petron, TD Williamson, USEC, National Oilwell Varco, Berry Petroleum, GMZ Resources, Cupertino Electric, and Gate Petroleum, and a myriad of other fortune 100 companies worldwide. 2. Strong Revenues – In unaudited financials that were filed for the quarter ended June 30, 2008, Talent Alliance booked over $4 million in revenues. The previous quarter saw over $3.5 million in revenue. The Company is on target to book over $15 million in revenue. Now that Talent Alliance is publicly traded, there is going to be more focus on reporting profits. 3. Talent Exchange ® - This online marketplace was built to streamline the talent acquisition cycle for employers and increase efficiencies recruiting vendors. The system simplifies the complex processes currently faced by employers and recruitment firms alike by utilizing the most advanced technology available to the recruiting industry and links employers with the marketplace in one seamless environment. 4. Soar Consulting – America’s fastest growing military recruitment firm maintains a customer list that includes Fortune 500 members and emerging growth companies. Go check them out at www.SoarCareers.com 5. China - Talent Alliance holds agreements with large Chinese companies such as Hewlett-Packard China as well as smaller, more regional Chinese companies, giving Talent Alliance broad Chinese market exposure that will help the company to quickly expand their market share in China. Clients in China include Ultizen Games, IBIDEN, Hotsales Inc, PPLive, Avonaco, and Light In The Box.com 6. Insider Investment – During the quarter ended June 30, 2008, Matthew Cartwright and Jeremy Stobie and their affiliated entities, advanced the majority of the $1,187,398 in shareholder loans reflected on the balance sheet. Both parties held key management roles at the time and maintain positions on the Board of Directors. Here is a situation where the insiders have put their own money on the line. 7. Financials are being filed – Unlike most pink sheet companies, Talent Alliance is now filing financials on a quarterly basis. This is very important as it will make the transition to The Bulletin Board much easier and quicker. KEY INDUSTRY POINTS · The market for staffing and workforce and HR solutions more than tripled between 1991 and 2006. The Manpower estimate of $95 billion for 2006 was potentially conservative relative to some other estimates where other analysts have placed the figure as high as $110-120 billion. · The staffing industry generated approximately $91 billion in sales in 2007: $73.5 billion from temporary and contract staffing and $17.5 billion in search and permanent placement services. · In its most recent projections, the U.S. Bureau of Labor Statistics says that the employment services industry is expected to be the second largest job-growth industry in the U.S. · The staffing and workforce industry has been growing faster than the economy because of flexibility: Workers want it, businesses need it, and it's good for the economy. The Green Baron Report believes we have pinpointed an undiscovered, quality company in Talent Alliance. They have agreements with many of the largest companies in the world, and through TalentExchange®, they have streamlined the process of placing the right people in the right jobs. Please take some time to review a more thorough description of this dynamic company. About Talent Alliance, Inc. Based in Austin, Texas and Shanghai, China, Talent Alliance, Inc. provides talent management and talent acquisition technology applications and resources in the United States and The People's Republic of China. Talent Alliance provides world class permanent placement recruiting, contingent staffing, employee leasing and benefits management services, and proprietary talent acquisition technology solutions to small, medium sized businesses and multi-national corporations in the United States and the People's Republic of China. The Company currently has offices in Texas, Florida, California, and Shanghai, China with over 1,050 employees worldwide. What we do Our service offerings are primarily divided into one of 5 categories: Employee Leasing and Benefits Management Our employee leasing and benefits management business is centered on the concept of driving HR costs down for employers. We manage payroll processing, employee benefits, employer tax and federal tax filings, and offer insurance coverage via our group policies. The payroll administration services include record keeping, making payroll tax deposits, reporting payroll taxes and related matters. This results in much lower costs to employers as they not only do not need to manage this process but also it generally yields much lower state unemployment rates and workers compensation coverage which reduces net payroll costs. We generally charge fees for these services in the form of a per payroll fee, per employee, per check or per report fee. The subsidiary company has been providing these services since 1989. Contingent Staffing Services Our contingent staffing services business provides temporary or permanent workers to businesses worldwide. Our staffing services generally hire the employee full time and then “lease” them out to client companies for an increased margin of profit. We generally manage the payroll and benefits of the employee, however the client usually directs the employee in his or her daily responsibilities. We provide the services to companies in the manufacturing, technology, offshore development centers, finance and accounting fields. These engagements may be temporary for reasons of seasonality, manufacturing cycles, co-employment or may be long term in nature. The subsidiary company has been providing these services since 1996. Military Transition Job Placement Military transition job placement services are provided through our wholly owned subsidiary Soar Consulting, Inc. Soar Consulting specializes in military transition jobs, matching transitioning junior military officers (JMOs) and enlisted leaders and technicians with some of America's top companies interested in recruiting candidates with developmental potential. Soar’s unique structure for military transition differentiates SOAR from other JMO recruiters because our leadership team works personally with candidates (JMO, enlisted, and technical) and client corporations. As America’s fastest growing military recruitment firm, SOAR Consulting is committed to exceeding the expectations of their military candidates and their client corporations. With a customer list that includes Fortune 500 members and emerging growth companies, SOAR Consulting sources talent from the military to match specific skill sets within civilian companies. In addition to traditional candidate presentation; Soar provides unique Focused Hiring Events™ whereby candidates are brought to client’s facilities for on-site interviews and location tours. This provides the perfect opportunity to conduct all necessary interviewing, testing, and administer any drug/background tests. Soar Consulting has been providing these services since 2002. Permanent Placement Recruiting Permanent placement recruiting matches open positions from our clients with our screened candidates. These positions are generally hired to a full time basis by the client and we are paid a consulting or recruiting placement fee. Our subsidiary has been providing these services since 1996. Technology Services TalentExchange® (www.ustalentexchange.com) is an online marketplace built to streamline the talent acquisition cycle for employers and increase efficiencies recruiting vendors. The system simplifies the complex processes currently faced by employers and recruitment firms alike by utilizing the most advanced technology available to the recruiting industry and links employers with the marketplace in one seamless environment. The TalentExchange® is an intuitive and innovative system that is dramatically changing the talent acquisition process both domestically and abroad. The system offers significant value to employers in terms of cost and resource savings as well as dramatic process improvement, and to recruiters in terms of increased market penetration and access to a broad level of clients and open job orders across a large geographic and industry area without the need for additional marketing. Talent Alliance also provides an enterprise version of the TalentExchange® for custom and large corporate environments, known as the Talent Alliance Vendor Management Solution (“VMS”). The system supports the permanent placement recruiting and contract worker hiring, management and reporting. The VMS is a web-based, or hosted application that acts as a fluid medium for business to manage and procure staffing and recruiting services. The VMS enables clients to reduce their hiring costs by managing and standardizing the process by which companies hire personnel. The VMS offers consolidating billing, expense tracking, interview management, requisition posting, process reporting, onboarding, and universal requirement management, Vendor and recruiter rating capacity and analysis of time to hire and system strengths and weaknesses. The system drastically out-performs manual systems and processes. How it works: 1. Employers/Clients and Recruiting Vendors Register – Most Clients will bring their existing Vendors with them upon registration (Legacy Vendors). Legacy Vendors will only be charged a small transaction fee for their first year of placements with their referring Client. Non‐Legacy vendors also register to gain access to Client relationships they would not typically develop on their own. 2. Employers Post Job Vacancies ‐ Employers post a job description on TalentExchange® and offer an award (as a flat fee or percentage of salary). The award represents the amount employers will pay the recruiter who finds them the right candidate to fill the job. 3. Engagement – Vendors select Job postings they can fill from their candidate talent pool and send a request to the client to be approved for submission of candidates to all this client’s postings. Clients accept or reject the engagement request based on the Vendor rating, statistics, and industry specialty found in the Vendor Profile. 4. Submissions Review‐ Employers review resumes and interview candidates. Recruiters can communicate with employers through the Talent Exchange messaging system to help them find their perfect candidate. 5. Employer Hires Candidate – Once the Client hires a candidate a notification is sent to the Vendor. 6. Employer Awards Recruiter ‐ On the candidate’s start date, TalentExchange® invoices the employer for the stated award. The employer pays TalentExchange® and they hold the funds in escrow. TalentExchange® will refund the full award to the employer if the candidate does not stay with the client for the guarantee period. After the 90 day guarantee period, TalentExchange® will pay the Vendor their portion of the fee and retain 25% for services rendered. These five general service offerings focus on two key elements of the HR services industry, Talent Acquisition and Talent Management, as such these are our cornerstones.
Future Service Offerings on 2008 and beyond: In 2008 we plan to offer offshore development services. We expect to expand our service offering to Vietnam and Australia in 2009. The History The operational company was founded in 1996 to provide technology outsourcing and contingent staffing services under the name Computer Engineering Organization, Inc. In 2007 the Company began doing business under the name Talent Alliance in response to the globalization of the Company’s offerings and expansion of its service offerings outside of the high-technology industry contingent-staffing arena. Initially, the operating business was founded to offer contingent staffing services and software development outsourcing in the United States. Over the years the Company added permanent placement recruiting to this suite of offerings. Through strategic mergers and acquisitions the Company has grown to add professional military transition recruiting and job placement service and employee leasing services in the last two years. In 2007 we established an office in Shanghai, China via a foreign invested joint venture. We spent the majority of 2007 continuing to develop our proprietary software platforms in China with the expectation to launch those offerings, and our normal services offerings, in early 2008, which we have done. We currently have an operational business in China and our software is deployed in several local and multi-national corporations in China. We expect to focus the remainder of 2008 on the growth of this portion our business. We are continuing to grow our brand via organic growth and strategic acquisitions in the United States and in China. Competition The human resource marketplace is a highly competitive and fragmented industry that is poised for enormous growth in the next 10 years as companies and countries around the world invest in their human resources infrastructure. The 2008 Global CAGR estimated growth rate is around 15% annually. The human capital marketplace is a multi-hundred billion dollar industry encompassing tens of thousands of suppliers selling hundreds of different products and services including recruitment and staffing, employee benefits, payroll, training and development and more. There is a significant amount of competition in the marketplace for the Company’s products and services. Management feels that it has a significant competitive advantage in size, pricing, services offerings and speed of deployment in China at the current time, however, there are many global players who offer very similar products and services entering the Chinese market already and are more still entering the United States market – where competition is already significant. Recent Key Announcements October 14, 2008 – Talent Alliance Announces New CFO – AUSTIN, Texas (GLOBE NEWSWIRE) - Talent Alliance, Inc. (Pink Sheets: TLAN) announced today that the Company has hired Steve Sefcik as its Chief Financial Officer. "The addition of Steve Sefcik to our team is invaluable as he has extensive experience in creating financial operations for fast growing companies," said Brian Davis, CEO of Talent Alliance. "Steve's ability to institute control systems and develop a team of professional financial service administrators will be a key component of our growth strategy." Mr. Sefcik has over 30 years of experience in business and has worked in the banking, consulting and public accounting industries. Most recently Mr. Sefcik served as the Chief Financial Officer at Drilling Info from April 2006 until May 2008. In addition to his responsibilities at headquarters he provided financial and administrative oversight for its production subsidiary in Matamoros, Mexico. He was also recently active in private consulting after forming Stephen G. Sefcik, PLLC, providing management consulting to early stage companies in the areas of strategy, finance, accounting and operations management. Mr. Sefcik has also held positions in the CPA firm of Montemayor & Associates where he served on the audit staff, and as the Vice President and Manager of E-Commerce at H.F. Ahmanson. At Ahmanson, his principle activities were strategy development and project management for the newly emerging internet and e-commerce fields. Prior to public accounting and consulting, he enjoyed a successful career in commercial banking, and has worked at State Street Bank and Trust Company, Security Pacific Bank, Bank of America and Mellon Financial Corporation. "I am thrilled to be part of such a vibrant organization with dynamic plans for future growth," said Sefcik. "I am especially excited about working with such a talented leadership team that share in a unified global vision." Mr. Sefcik received his BS degree in Economics and Finance from The Wharton School at the University of Pennsylvania and an MBA in Entrepreneurship and Marketing from the University of Southern California. He also holds a Professional Designation in International Trade and Commerce from UCLA and is a Certified Treasury Professional (CTP). Steve is a member of the Texas Society of CPAs and the Association of Financial Professionals. October 7, 2008 - Talent Alliance Announces New Client Contracts - Talent Alliance, Inc. announced that the Company has added Wal-Mart and Kawasaki to its client list. Along with these household names the company had made significant inroads into the Oil and Gas and Alternative Energy sectors with the addition of several new clients. Wal-Mart chose to use Talent Alliance's direct placement military transition services in order to augment their leadership development program. By providing the highly sought after transitioning Junior Military Officers (JMOs) in a direct recruiting model, Talent Alliance was able to help Wal-Mart increase their recruiting and talent acquisition efficiencies and decrease their time away from the office on costly recruiting trips. Talent Alliance has also recently become the primary talent acquisition resource for Kawasaki's Rail Division in their recruitment of skilled technicians and engineering managers throughout the Northeast. The company has also experienced growth in the rapidly expanding Oil and Gas and Alternative Energy industries with the recent addition of clients such as: Petron, TD Williamson, USEC, National Oilwell Varco, Berry Petroleum, GMZ Resources, Cupertino Electric, and Gate Petroleum. "Our successful penetration into these expanding markets is testament to our ability to adjust to talent acquisition needs across several markets. Unlike many recruitment firms, we focus not on specific industries; but rather, on the most sought after candidate pools that shape the industry," said Jeff Williams, VP of Recruiting. September 29, 2008 - Talent Alliance Subsidiary, Sour Consulting, Increases Sales Presence - America’s Fastest Growing Military Recruitment Firm Continues to Capture Market Share - Talent Alliance, Inc. (Pink Sheets: TLAN) announced that the Company's wholly owned subsidiary, Soar Consulting, has increased its field sales presence by 58% with the completion of its Rapid Deployment sales training class for new Account Executives. The new recruiting class has already begun to positively impact revenue generation for the Company. The week-long training class was conducted by Talent Alliance VP of Sales Chris Beck and Director of Recruiting Jeff Williams. "This group of Account Executives is by far the most talented group of sales representatives that we have onboarded in the history of our business. We expect them to immediately inject new accounts into our client base and make significant revenue contributions," said Beck. "The business development training and specific recruiting skills covered in the SOAR Rapid Deployment training was the most in-depth, intense sales training I have ever experienced," said Greg Wilson, one of the new SOAR Account Executives. Wilson, a graduate of the United States Naval Academy and former Marine Corps helicopter pilot, recently joined SOAR after leaving Takeda Pharmaceuticals as a Senior Professional Sales Representative where he earned several performance awards and graduated from their highly selective Leadership Development Program. Jeff Williams said, "The caliber of our Account Executives is the driving force that fuels our growth and allows us to provide world class service to our clients across multiple industries. These new Account Executives not only increase our field presence, they also strengthen our collective depth of experience which in turn adds value to our candidates, clients, and shareholders." Soar Consulting is America's fastest growing military recruitment firm and maintains a customer list that includes Fortune 500 members and emerging growth companies. Soar Consulting sources talent from the military to match specific skill sets within civilian companies. For more information please visit www.soarcareers.com. Management Brian Davis - Chief Executive Officer Brian is currently the Chief Executive Officer for the company’s worldwide operations. Formerly the CEO and co-founder of Soar Consulting, which was acquired by Talent Alliance in 2008, he has been in the talent acquisition and HR services space for the last 11 years. Brian earned a BS degree from Towson State University and an MBA from National University, which he earned while still on active duty with the Marine Corps. Brian achieved top sales recognition in the medical device industry and then moved on to graduate from a Leadership Development Program with a Forbes Platinum company where he held various senior management positions. Stephen Sefcik – Chief Financial Officer Steve has over 30 years of experience in business and financial space, and has worked in the banking, consulting and public accounting industries. He began his career in corporate banking as a credit analyst and worked extensively as a financial management consultant with banking institutions on both the East and West Coasts. Mr. Sefcik has also held senior positions at State Street Bank and Trust Company, Security Pacific Bank, Bank of America and Mellon Financial Corporation. Tony Yang – Chief Information Officer A native of Beijing China, Mr. Yang is an experienced senior manager and information technology professional. Previous to his position with Talent Alliance Mr. Yang was the CEO and Co-Founder of Differential Technology, Inc. a Dallas Texas based high-tech company from October 2003 until October 2006. During this period Mr. Yang was also a Senior Technology Consultant for the Turner Corporation from July 2004 until May of 2007. Previous to his position at Turner and Differential he was a Senior Technical Consultant for McCallion Cantrell, LLC from June 2000 to June 2002. During this period Mr. Yang was managed a myriad of challenging technical and business problems. Chris Beck - SVP of Global Business Development Chris currently manages the Company’s worldwide sales and business development efforts. He is the former SVP of Sales and co-founder for Soar consulting, which Talent Alliance acquired in 2008. Chris earned his BS degree from the United States Naval Academy with Merit and served five years as a Naval Supply Corps Officer onboard an aircraft carrier. Upon leaving active duty in the Navy, Chris joined the nation's largest direct placement military recruiting firm as an Account Executive. He quickly became the #1 Account Executive in the company. His success led to several rapid promotions to District Manager, Regional Manager, National Sales Training Manager, and Director of Strategic Accounts prior to his decision to co-found Soar Consulting. Chris is a tenured executive who has trained and developed hundreds of new business development representatives in the recruitment industry. Matthew Cartwright – Chairman, Board of Directors Matt was formerly the Chief Executive Officer of the company and has transitioned recently to the position of Chairman of the Board. In addition to his responsibilities at Talent Alliance, he and also maintains a position as a senior executive and officer of a vehicle logistics company, United Road Services, Inc. which is the 2nd largest vehicle logistics company in the United States. . Matt served with United Parcel Service (UPS) in operations and engineering capacities. Matt has significant experience in the technology and logistics industries and possesses a unique command of business expertise that has enabled him to create value in the various positions he has served in many large multinational companies. His direct interaction with multiple Fortune 10 companies has provided insight and perspective into the global markets as they exist and how they are evolving Jeremy Stobie – Treasurer, Board of Directors Jeremy is responsible for the strategic financial operations and strategic direction of the company as well as personally representing the Company in the mergers and acquisitions space. Jeremy’s experience in securities, private equity and corporate finance has given him a broad knowledge base in international business and finance. In addition to his responsibilities with Talent Alliance he maintains the position of Senior Partner in a large and well diverse CPA and consulting practice in Austin, and is also a licensed CPA. Jeremy has over 5 years experience in the direct operation, acquisition and financing of businesses in China. He is the former Managing Shareholder and principal owner of Beacon Capital Inc., an investment advisory and international investment banking practice which was sold in 2004. Jeremy has served as the Chief Executive Officer or Chief Financial Officer for various companies worldwide. Green Baron Conclusion Talent Alliance has a fantastic, proven business that should grow significantly and quickly from here. Now that Talent Alliance is publicly traded, there will be more pressure to show greater profits. Revenues for the first and second quarter this year combined for about $7.5 million based on their filings. A new third quarter filing is expected any day. The online marketplace Talent Exchange® simplifies the complex process faced by employers and recruitment firms and links employers with the marketplace in one seamless environment. The Green Baron Report also likes the purchase of Soar Consulting that Talent Alliance closed earlier this year. American’s fastest growing military recruitment firm continues to capture market share. TLAN stock is a great way to participate in this growth, and the shares are now trading near its year low. There are VERY high hopes for this stock going forward, and we at The Green Baron Report wanted to get it out to you first. We expect many great developments to occur over the near-term, so be sure you try to accumulate as close to our profile price as possible. For Further Information Contact: Talent Alliance, Inc. 6034 West Courtyard Drive, #150 Austin, TX 78730
Jeremy Stobie
(512)828-4770
Investor Relations: The Cervelle Group 238 N. Westmonte Dr., Ste. 210 Altamonte Springs, FL 32714 Phone: (407) 475-9966 Fax: (407) 475-9859 |
||||
| .GO BACK |
. |
|||
|
Evergreen Marketing, Inc. All Rights Reserved. |