Trucept Inc (TREP)

Description:

Trucept Inc was incorporated in the State of Nevada on March 22, 1995 under the name Royce Biomedical Inc. In July 2005, it changed its name from Royce Biomedical Inc. to Smart-tek Solutions Inc, and on December 20, 2012 its name changed to Trucept, Inc. The Company has employment-related business lines. It provides professional employer organization (PEO) services. In a PEO co-employment contract, the Company becomes the employer of record for client company employees for tax and insurance purposes. The client company continues to direct the employees' day-to-day activities, and the Company charges a service fee for providing services. The Company provides staffing and business processing services to small and medium sized businesses including: benefits and payroll administration, health, personnel records management, and full time and temporary staffing services. The services feature advising in coaching in recruitment, training and discipline and payment of employee wages, payroll taxes, state and federal unemployment insurance, and claims management,. As part of its staffing services, the Company can also provide recruitment, reference checks, initial interviews, pre-employment random drug testing, and criminal background investigations. The Company is also a full-service healthcare staffing organization. It provides medical staff in clinical disciplines and assignment lengths. Its first priority is providing qualified, trained, and experienced staff. The human resources services business is highly competitive, with over 800 firms operating in the U.S. There are several staffing services firms that operate on a nationwide basis. The Company is licensed to do business in every state that it has clients.