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The Solvis Group Enters Into Strategic Alliance Agreement With SSL [FLZRGXD]
ANAHEIM, Calif., Sept. 28 /PRNewswire-FirstCall/ -- The Solvis Group Inc. a subsidiary of Dalrada Financial Corporation (OTC Bulletin Board: DRDF), today announced that it has entered into a strategic alliance agreement with Strategic Staff Leasing, Inc. (SSL) headquartered in Arlington, Texas. The agreement calls for SSL to refer a minimum of $25 million in business to The Solvis Group within the next 90 days. The alliance has already generated more than $7.5 million in new business, on an annualized basis. Working through its own sales force and its broker network, Strategic Staff Leasing, and its affiliated companies, provides contract staffing and insurance services to client companies throughout the United States. Chris Polk, Managing Partner of SSL, said that "we are very pleased to have the opportunity to complement our service offerings with the administrative services, risk management and workers compensation insurance available through the Solvis Group."
Chas35
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gettin some attention...take a look guys
subbywrx
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I held this stock back in May/June and new something had to come about it. Rebought in at .0033, this is great news for them. I'm glad I held this one. Never really moved from when I had it at .0028 so I just kept it. Nice little money maker!
clintonj
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we could see .0049-.0059 eod. The charts indicate a ceiling near those levels.
explorer186
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Oh yeah, this is too good to miss out on. And the company's market cap is currently only 2.6 million.
explorer186
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New Agreement Expected to Provide $25 Million in Additional Revenues in 90 Days -
ANAHEIM, Calif., Sept. 28 /PRNewswire-FirstCall/ -- The Solvis Group Inc. (OTC: SLVG) (http://www.thesolvisgroup.com), a subsidiary of Dalrada Financial Corporation (OTC Bulletin Board: DRDF), today announced that it has entered into a strategic alliance agreement with Strategic Staff Leasing, Inc. (SSL) headquartered in Arlington, Texas.
The agreement calls for SSL to refer a minimum of $25 million in business to The Solvis Group within the next 90 days. The alliance has already generated more than $7.5 million in new business, on an annualized basis.
Working through its own sales force and its broker network, Strategic Staff Leasing, and its affiliated companies, provides contract staffing and insurance services to client companies throughout the United States. Chris Polk, Managing Partner of SSL, said that "we are very pleased to have the opportunity to complement our service offerings with the administrative services, risk management and workers compensation insurance available through the Solvis Group."
Brian Bonar, CEO of the Solvis Group said, "As previously announced, we anticipated fifty million dollars in revenues for the next fiscal year in conjunction with our Strategic Alliance program. We are pleased to confirm that we will not only meet this run rate, but now anticipate that our sales results will be significantly higher."
Mr. Bonar also stressed that "Solvis will continue to work on our Strategic Alliance program in order to leverage our sales and marketing relationships with brokers and agents throughout the United States with the objective of providing additional revenues in the next fiscal year. We are also moving forward with the work associated to complete the auditing our financial results for the past few years, thereby allowing us to return to trading on the NASD Electronic Bulletin Board. Once completed, shareholders can expect regular reports on our financial results and other developments as The Solvis Group continues to grow," Mr. Bonar added.
About The Solvis Group:
The Solvis Group, a subsidiary of Dalrada Financial Corporation (DRDF.OB), includes a number of operating units, including M&M Nursing Services, CallCenterHR(TM), and Jackson Staffing. The Company provides a variety of innovative financial services to businesses, including comprehensive human resource administration including payroll and workers compensation insurance; and employee benefits such as health insurance, supplemental insurance, HSA savings plans, 125 cafeteria plans, and 401(k) plans. The Company also offers debit card payroll accounts and payroll advances. These services enable small employers to offer benefits and services to their employees that are generally available only to large companies.
The Company also includes an imaging products and services unit, Imaging Tech, Inc., which provides a variety of innovating products and services associated with graphics, photography, and color management. Its technologies include ColorBlind(R) software and PhotoMotion Images(TM). For more information visit The Solvis Group websites at: www.thesolvisgroup.com,www.mandmnursing.com,www.colorvisuals.com, and www.color.com .
Safe Harbor:
Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's partners that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the U.S. Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release.
CONTACT: Brian Bonar, CEO The Solvis Group Inc. 9449 Balboa Avenue San Diego, CA 92123 (858) 277-5300 bbonar*dalrada.com
Paul Knopick E & E Communications 949/707-5365 pknopick*eandecommunications.com
SOURCE Dalrada Financial Corporation
CONTACT: Brian Bonar, CEO of The Solvis Group Inc., +1-858-277-5300, bbonar*dalrada.com, for Dalrada Financial Corporation; or Paul Knopick of E & E Communications, +1-949-707-5365, pknopick*eandecommunications.com, for Dalrada Financial Corporation Web site: http://www.thesolvisgroup.com
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Alot of people were holding from the .0028 area and are probably selling at .0036/.0037
I'm guessing it'll probably dip and then jump back up with new supporters towards the end of the day.
Enjoys$
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should start moving after lunch
Chas35
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this thing needs some volume..looks like it's holding the gains so far at least...MM's aren't budging at all on the ask
explorer186
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I got out. If I had any money for high risk stocks it would be here. It's just too uncertain for my taste. Apparently the CEO has a bad reputation among shareholders. The news was spectacular, and I hope it works out for you. There was a SB-2 filing today, but that is usually followed by a big pop so I wouldn't be too concerned about it.
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