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James Clapp, CEO, stated, "We are committed to growing our company and this has been another very good week for us. We continue to meet with large companies who realize that by utilizing Axiom's personnel administration services, their management team can focus on its core business and maintain control of its internal work environment.
"With the new Contract Agreements as well as our current list of customers such as Huffy Bicycles, Tecnicon Diamond, FAMSA, and La Victoria, to list a few, we are poised to exceed $34M in annualized revenues once these contracts are in place.
"In addition, as part of our overall growth strategy we continue to build organic growth as well as expanding geographically. Axiom plans to acquire key agencies in the highly fragmented staffing and outsourced services industry throughout the U.S. Axiom will be able to consolidate those agencies into its existing operations, realizing the full benefits of a consolidation."
Axiom filed its Form 10-12G on May 15th, 2008, with the SEC to become listed on the OTC Bulletin Board Exchange and since the filing has completed two rounds of SEC comments.
Westaff, Inc. (NASDAQ: WSTF), a leading provider of staffing services, announced today that on September 10, 2008, it received a letter from The Nasdaq Stock Market ("Nasdaq") indicating that, for the last 30 consecutive business days prior to the date of the letter, the bid price of Westaff's common stock had closed below the minimum $1.00 per share requirement for continued inclusion under Nasdaq Marketplace Rule 4450(a)(5). As of today, Westaff's common stock has not been delisted and continues to be listed on the Nasdaq Global Market.
Hudson Highland Group, Inc. (Nasdaq: HHGP), one of the world's leading providers of specialized professional staffing, retained executive search and talent management solutions, today announced that the company will present at the CL King Best Ideas Conference. The conference will be held at the Omni Berkshire Place Hotel in New York, NY on September 17 - 18, 2008.
Jon Chait, chairman and chief executive officer of Hudson Highland Group, and Mary Jane Raymond, executive vice president and chief financial officer, will discuss company strategy and third quarter trends on Thursday, September 18 at 8:00 a.m. EDT.
A live webcast and replay of the presentation will be available on the Investor Relations section of the company's website (http://ir.hudson.com).
Command Center, Inc. (OTCBB: CCNI), an emerging provider of on-demand, reliable labor solutions, announced that its rapid-response program, Command-on-Demand, has already provided about 850 workers to distressed areas in Houston and Galveston Island during the first four days following Hurricane Ike.
Approximately 355 Command workers have already reported to job sites this morning, following the 40, 140 and 312 workers who were deployed on Sunday, Monday and Tuesday, respectively.
OTC Stock Review is not a Registered Investment Advisor or Broker/Dealer. The information in this newsletter is for informative purposes, not intended as investment advice, not an offer to buy or sell securities of the companies profiled, and is subject to change without notice. In keeping with Section 17b of the Securities Act of 1933, OTC Stock Review expects to be compensated twelve thousand five hundred dollars andten thousand shares of Axiom Management stock restricted under rule one hundred and forty four to perform investor relations services for Axiom Management. Officers, directors, and employees of OTC Stock Review, may hold a long or short equity position of a profiled company and trade in these securities for their own accounts. Information is from public releases and can not be guaranteed by OTC Stock Review. Companies profiled may carry a high investment risk; readers should review profiled companies thoroughly with their investment advisor, stockbroker, or other such professional. OTC Stock Review is not liable for any investment decisions by its readers or their advisors. Any analysis contained herein does not purport to be a complete analysis and readers are encouraged to obtain copies of the profiled Company's periodic reports filed with United States Securities and Exchange Commission which are generally available at http://www.sec.gov or http://www.sedar.com for Canadian companies.
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