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HIRE Technologies Inc V.HIRE.H

Alternate Symbol(s):  HIRRF

Industrials Technology
HIRE Technologies Inc. is a Canada-based staffing company. The Company offer full staffing services for a range of industries, including information technology, healthcare, electric utilities, and even nuclear services. It has and employs both W2 employees and 1099s, and provides individuals under contract, temp-to-perm, and direct-hire placements. The Company offers staffing services that fit the needs of both the client and candidates. The Company pays its candidates directly through its payroll, so employers don't have to add any complications to their own payroll. The 1099 hire candidates need to provide their Federal Identification number in addition to meeting any other requirements for a given position. The W2 employees receives a range of benefits, including healthcare, long-term disability, and even a Safe Harbor 401k plan that matches 100% of up to 4% of what they put in.


TSXV:HIRE.H - Post by User

HIRE Technologies Inc > This is trouble
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Comment by RollingDiceon Apr 05, 2020 2:11pm
217 Views
Post# 30880850

RE:This is trouble

RE:This is troubleYou're right. The RSI deal is NOT financially possible any longer.

Sorry to say I've lost money on these guys.

They only have enough capital from the IPO to last another few months and we won't be done with COVID's impact on the hiring market by then. The CEO and President taking $400,000 USD in salary is irresponsible.

It's awful when companies like this lose money so quickly for investors.
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