AwesomeStocks Hello! New Alert: Recruiter.com Group, Inc. (NASDAQ: RCRT) RCRT is our brand new NASDAQ high volatility alert that has a history of experiencing increased upside. RCRT currently is an âon-demand recruiting platform providing flexible talent acquisition solutions that scale from startups to the Fortune 100â. âWith an on-tap network of thousands of recruiting professionals and recruitment marketing automation, Recruiter.com helps businesses solve today's complex hiring challenges.â Over the past few months, the company has announced some major developments that could be significant growth catalysts. In June, the company announced: âRecruiter.com Announces Business Combination with GoLogiq to Create a Global Platform Company in the Fintech Sectorâ - âProposed Simultaneous Asset Purchase and Spin-Out Re-Aligns the Business and Assets of Two Public Companies, Creating a Nasdaq-listed Company Structured to Optimize Shareholder Valueâ As the company further explains: âUnder the terms of the Agreement, and subject to satisfaction of certain closing conditions, Recruiter.com will acquire GoLogiq's CreateApp, PayLogiq (operating as AtozPayâ¢), GoLogiq (operating as AtozGoâ¢), and Radix⢠businesses and related assets that comprise a suite of mobile commerce, e-wallet and mobile payment and big data analytics platforms. In consideration for these assets, GoLogiq is to receive common stock of Recruiter.com equal to approximately 84% of Recruiter.com, with existing Recruiter.com stockholders initially maintaining approximately 16%.â Furthermore, as the company stated in the June 6 press release: âThe Agreement values the combined companies at approximately $105 million, substantially above the current market capitalization of Recruiter.com. Recruiter.com will continue to be listed on the Nasdaq Capital Market and plans to change its name to a name and branding that would reflect the new fintech focus of the company.â Additionally, as the company explains: âConcurrent with the closing of the business combination, Recruiter.com plans to spin out the existing operating business and assets of Recruiter.com into a newly created company which would be publicly traded on the OTC Markets. For every share held of Recruiter.com, Recruiter shareholders will receive via a special distribution a to-be-determined number of shares of the spin-out company. Such shares would be in addition to their retained ownership in the newly combined Nasdaq-traded company. As a result of the two transactions, shareholders of record of Recruiter.com as of the record date will hold two publicly traded securities, those of Recruiter.com and those of the new OTC spin-out company.â Here are some of the comments from this press release: â"We are thrilled to announce this significant milestone for Recruiter.com shareholders," said Evan Sohn, CEO of Recruiter.com. "We believe the combined transactions will unlock significant value for our shareholders while creating a new structure under which the existing Recruiter.com business can thrive."â âGoLogiq CEO, Brent Suen, commented: "Through this transaction, we believe we have formed a company with an exciting growth strategy based on a solid foundation of valuable assets, both financial and human. Given the extensive pipeline of potential Fintech acquisitions that will be enabled by the Nasdaq listing, we anticipate it will bring many benefits to all stakeholders."â As the company further explained in their June 7 press release: â"Successfully growing from $8M revenue in 2020 to $25M in 2022, Recruiter.com now prepares to bifurcate into two distinct public entities," stated Evan Sohn, CEO of Recruiter.com. "This strategic response allows the Nasdaq listing to converge with GoLogiq's fintech operations, while Recruiter.com's growth and AI-related operations transition to the OTC Markets. This significant move sets the stage for Shareholders to be a part of two promising ventures in next-generation financial and workforce technologies."â But thatâs not all⦠This week, the company released several new developments. On Monday, the company announced: âRecruiter.com Announces Second Quarter 2023 Financial Resultsâ Here are some of the companyâs comments from this press release: "We're proud of the significant strides made in the second quarter of 2023, demonstrating our commitment to a streamlined and focused strategy," said Miles Jennings, CEO of the Company. "By reducing operating expenses by over 60% from the first quarter of 2023 and benefiting from other income from government credits, we improved our net loss by over 70% and generated positive adjusted EBITDA of $39.7 thousand. This quarter marks a turning point, and we are enthusiastic about our continued emphasis on technology and AI-powered solutions. The numbers reflect our determination and success in aligning with our overall strategic plan, and I'm confident in the direction we're headed. It's a promising time for the Company as we pivot, positioning ourselves for a future filled with opportunities." In addition, on Tuesday, the company announced: âFuturis Acquires Healthcare Staffing Business from Recruiter.comâ Here are some of the companyâs comments from this press release: âMiles Jennings, CEO of Recruiter.com, spoke enthusiastically about the agreement: "This transaction represents a significant milestone in our strategy to focus on our core business while providing our clients with top-tier service. By passing our healthcare staffing business to Futuris-a company known for its successful integrations and impressive growth-we're setting the stage for the next exciting chapter of business expansion. We anticipate great things from Futuris in the future."â Plus, just this morning, the company announced breaking news: âJob Mobz to Acquire Iconic Recruiter.com Brand in Cash and Stock Dealâ Here are the highlights from this press release: - âDemonstrates material step in executing strategic plan toward value optimizationâ
- âProvides cash at closing, a substantive share position in growing recruitment brand, and a 3-year services contractâ RCRT has multiple potential catalysts in its favor to experience increased growth. Make sure to do your own due diligence. Sources: [PR1]( [PR2]( [PR3]( [PR4]( [PR5]( [PR6]( [PR7]( [Website]( [Chart]( Happy Trading! AwesomeStocks Note: We encourage all traders and investors to develop personal trading rules that you can follow and that work for you. Always protect your downside and note that we alert extremely volatile short-term opportunities. Before investing in securities, you should always consult with your financial, tax and legal advisor and never invest money you cannot afford to lose. DISCLAIMER You should read and understand this disclaimer in its entirety before joining the website or email/blog list of AwesomeStocks.com (the âPublisherâ). The information (collectively the âAdvertisementâ) disseminated by email, text or other method by the Publisher including this publication is a paid commercial advertisement and should not be relied upon for making an investment decision or any other purpose. The Publisher is engaged in the business of marketing and advertising the securities of publicly traded companies in exchange for compensation. The track record, gains, upside, and/or losses mentioned in the Advertisement, if any, should not be considered as true or accurate or be the basis for an investment. The Publisher does not verify the accuracy or completeness of any information included in the Advertisement. While the Publisher does not charge for the SMS service, standard carrier message and data rates may apply. To unsubscribe from receiving promotional text messages to your phone sent via an autodialer, using your phone reply to the senderâs phone number with the word STOP or HELP for help. The Advertisement is not a solicitation or recommendation to buy securities of the advertised company. An offer to buy or sell securities can be made only by a disclosure document that complies with applicable securities laws and only in the states or other jurisdictions in which the security is eligible for sale. The Advertisement is not a disclosure document. The Advertisement is only a favorable snapshot of unverified information about the advertised company. An investor considering purchasing the securities, should always do so only with the assistance of his legal, tax and investment advisors. Investors should review with his or her investment advisor, tax advisor or attorney, if and to the extent available, any information concerning a potential investment at the web sites of the U.S. Securities and Exchange Commission (the "SEC") at www.sec.gov; the Financial Industry Regulatory Authority (the "FINRA") at www.FINRA.org, and relevant State Securities Administrator website and the OTC Markets website at www.otcmarkets.com. The Publisher cautions investors to read the SEC advisory to investors concerning Internet Stock Fraud at www.sec.gov/consumer/cyberfr.htm, as well as related information published by the FINRA on how to invest carefully. Investors are responsible for verifying all information in the Advertisement. As an advertiser, we do not verify any information we publish. The Advertisement should not be considered true or complete. The Publisher does not offer investment advice or analysis, and the Publisher further urges you to consult your own independent tax, business, financial and investment advisors concerning any investment you make in securities particularly those quoted on the OTC Markets. Investing in securities is highly speculative and carries an extremely high degree of risk. You could lose your entire investment if you invest in any company mentioned in the Advertisement. You acknowledge that we are not an investment advisory service, a broker-dealer or an investment adviser and we are not qualified to act as such. You acknowledge that you will consult with your own independent, tax, financial and/or legal advisers regarding any decisions as to any company mentioned here. We have not determined if the Advertisement is accurate, correct or truthful. The Advertisement is compiled from publicly available information, which include, but are not limited to, no cost online research, magazines, newspapers, reports filed with the SEC or information furnished by way of press releases. Because all information relied upon by us in preparing an advertisement about an issuer comes from a public source, it is not reliable, and you should not assume it is accurate or complete. Owners and operators of the Publisher have been compensated twelve thousand five hundred dollars by bank wire transfer on 8/15/23 for the distribution of this advertisement about RCRT dated 8/17/23. The Publisher and its owners and operators hold no stocks or bonds in companies discussed in the Advertisement. Owners and operators of the Publisher own several newsletters, therefore you may receive multiple publications and emails featuring companies at different or the same time. You are receiving this report/release because you subscribed to receive it at our website or through a third-party site. All our newsletters include an "unsubscribe" link, and you can remove yourself at any time from our newsletters by clicking on that "unsubscribe" link. You can also contact us at info@AwesomeStocks.com to change your information at any time. By your subscription to our profiles, the viewing of this profile and/or use of our website, you have agreed and acknowledged the terms of our full disclaimer and privacy policy which can be viewed at the following link: www.AwesomeStocks.com/Disclaimer and www.AwesomeStocks.com/Privacy-Policy By accepting the Advertisement, you agree and acknowledge that any hyperlinks to the website of (1) a client company, (2) the party issuing or preparing the information for the company, or (3) other information contained in the Advertisement is provided only for your reference and convenience. The advertiser is not responsible for the accuracy or reliability of these external sites, nor is it responsible for the content, opinions, products or other materials on external sites or information sources. If you use, act upon or make decisions in reliance on information contained in any disseminated report/release or any hyperlink, you do so at your own risk and agree to hold us, our officers, directors, shareholders, affiliates and agents harmless. You acknowledge that you are not relying on the Publisher, and we are not liable for, any actions taken by you based on any information contained in any disseminated email or hyperlink. Our records indicate that {EMAIL} requested and confirmed to be added to AwesomeStocks.com on March 5, 2023. [Click Here To Unsubscribe]( 6020 Bent Pine Dr
Orlando Florida 32822
USA [Unsubscribe]( | [Change Subscriber Options](