Trucept Announces 665% Increase In Operating Income

Trucept Announces 665% Increase In Operating Income

PUBLISHED: August 21, 2023

Aug 21, 2023 | Investors, Press Releases

SAN DIEGO, CA – August 18th, 2023 – Trucept Inc. (OTC Pink: TREP) has increased operating income by 166% and 665% for the 3 and 6 months ending June 30, 2023, as compared to the same periods in the prior year. The company has also increased net income by 149% and 126%, and reduced operating expenses by 26% and 18% for the same periods, respectively.

Trucept has made a strategic investment in Dalrada Financial Corporation (OTCQB: DFCO). Dalrada has consistently delivered strong financial performance, making it an attractive addition for Trucept and its shareholders.

CEO Norman Tipton commented: “I’m thrilled to announce that Trucept’s first half of 2023 has witnessed exceptional financial results. This success stems from our team’s unwavering dedication, our diverse service offerings, and the trust our small business partners place in us. It’s not just about numbers; it’s about the growth stories we’re helping to write every day. As we continue into the year, we’re driven by our commitment to empowering even more businesses. Thank you for being part of our journey.”

Professional Services Offered by Trucept

Trucept provides professional services to help businesses navigate and manage growth effectively. These services include:

  • Data Driven Marketing, Technology, and Accessibility Act Compliance Services
  • Insurance Offerings and Third-party Administrator (TPA) services
  • Full-Service Payroll
  • Human Resources and Management
  • Employee Benefits Administration
  • Accounting Support
  • Safety and Risk Management

For additional information, visit www.trucept.com

Media Contact: Kevin Brewer – kbrewer@trucept.com

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About Afinida Inc.

Afinida, Inc. (OTC ID: TREP), helps organizations focus on growth. With a dedicated suite of powerful tools and services designed to keep owners in charge of running their businesses, Afinida manages the necessary administrative needs of its clients while streamlining operational processes and delivering a host of high-touch business solutions.

The company offers expert services in the form of payroll, human resources and people management, accounting support, safety and risk management, marketing, and business insurance services.

For more information, please visit www.afinida.com and follow us on LinkedIn, and Facebook.

Disclaimer

Statements in this press release that are not historical facts are forward-looking statements, including statements regarding future revenues and sales projections, plans for future financing, the ability to meet operational milestones, marketing arrangements and plans, and shipments to and regulatory approvals in international markets. Such statements reflect management’s current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company’s expectations regarding these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company’s success are more fully disclosed in the Company’s most recent public filings with the U.S. Securities and Exchange Commission (“SEC”), including its annual report on Form 10-K.

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