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HIRE Technologies Inc V.HIRE.H

Alternate Symbol(s):  HIRRF

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

Post by Sextanton May 15, 2020 12:11am
290 Views
Post# 31031358

PP Investors down 50%

PP Investors down 50%This companys stock has experienced turbulence due to a lack of being ill prepared to deal with the selling from the shell guys.
The advancement of the covid crisis compounded the negativity on the stock especially in light of stalled activity on the m&a front.
Staffing attrition has also had a measured effect.
Also, theres a new Ceo and theres usually a time cycle for proper onboarding.
I remain optimistic this will turn around.
Opportunities abound  more than ever in this space and there will be a greater degree of industry consolidation and this was always the corporate intent from the get go.

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