ACBT AccountAbilities, Inc. featured news, full reports, and detailed charts
AccountAbilities, Inc. (ACBT/ACBT.OB) Wrap Up:
Accountabilities, Inc. provides various staffing, recruiting, and consulting services across a range of industries and sizes of business in the United States. Its professional services include project management, interim contract, consulting, and executive search in the areas of accounting, information technology, engineering, biotechnology, and biopharmaceutical. The company, through its Partner on Premise Program, has agreements with regional public accounting firms to provide non-attest related finance and accounting services, including business plans, market analysis, management and technical services, and back office support, including enterprise-wide financial, accounting and human resources systems, and personnel and assistance in training. It provides accounting and finance consulting services in the areas of sarbanes-oxley compliance, mergers and acquisitions, corporate reorganizations, information systems, and tax related matters. Accountabilities, Inc. also offers general temporary staffing services to a range of clientele in the areas of clerical and light industrial services; and administrative support services, including placements satisfying a range of general business needs comprising data entry processors, customer service representatives, receptionists, and general office personnel. The company is headquartered in Manalapan, New Jersey with additional offices in New London, Connecticut; Colorado Springs, Colorado; and Culver City, Lawndale, Orange, and Van Nuys, California.AccountAbilities, Inc. (ACBT:OTC Bulletin Board Market)
Snapshot of AccountAbilities, Inc. (ACBT)
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OPEN
$0.44
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PREVIOUS CLOSE
$0.45
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DAY HIGH
$0.45
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DAY LOW
$0.40
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52 WEEK HIGH
09/9/09 - $0.52
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52 WEEK LOW
02/18/09 - $0.06
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MARKET CAP
10.6M
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AVERAGE VOLUME 3 mo
10.9K
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DILUTED EPS TTM
--
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SHARES OUTSTANDING
23.7M
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ACBT Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | ||
ACBT Top Compensated Officers
Executives, Board Directors
Key developments for AccountAbilities, Inc. (ACBT)
On October 23, 2009, Stephen DelVecchia and AccountAbilities, Inc. agreed that Mr. DelVecchia will cease serving as the Chief Financial Officer of the company effective upon achievement of certain tasks, such as filing of the company's Form 10-K.
On September 15, 2009, Robert Gagne resigned from the Board of Directors of AccountAbilities, Inc. effective immediately. On September 15, 2009, the Board of Directors of the company elected Joseph Cassera to the Board to fill the vacancy caused by Mr. Gagne's resignation.
On June 19, 2009, the Board of Directors of AccountAbilities Inc. elected Robert Gagne to the Board. The Board has not yet determined the committees of the Board, if any, to which Mr. Gagne will be named. Mr. Gagne will be compensated as a director in accordance with the Company's compensation policy for non-employee directors.
ACBT Competitors
| Company | Last | Change |
| Kelly Services Inc | $10.73 USD | +0.06 |
| Kforce Inc | $13.49 USD | -0.11 |
| MPS Group Inc | $13.65 USD | +0.05 |
| Resources Connection Inc | $19.63 USD | -0.08 |
| Spherion Corp | $5.52 USD | +0.07 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | ACBT | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.2x |
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| Price/Book | 13.0x |
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| Price/Cash Flow | 443.7x |
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| TEV/Sales | 0.1x |
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ACBT |
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ACBT transactions
| Type Date |
Target | |
| No transactions in the last 6 months. | ||
More Recent News About AccountAbilities, Inc.
More news for ACBT
ACCOUNTABILITIES, INC. Files SEC form 8-K, Change in Directors or Principal Officers
Show all filings for ACCOUNTABILITIES, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for ACCOUNTABILITIES, INC. 30-Oct-2009Change in Directors or Principal Officers Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purpos...Click here to read the whole Article (external link)
ACCOUNTABILITIES, INC. Files SEC form 8-K, Change in Directors or Principal Officers
Show all filings for ACCOUNTABILITIES, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for ACCOUNTABILITIES, INC. 18-Sep-2009Change in Directors or Principal Officers Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purpos...Click here to read the whole Article (external link)
ACCOUNTABILITIES, INC. Financials
PERIOD ENDING30-Jun-0931-Mar-0931-Dec-0830-Sep-08Total Revenue11,941 13,376 17,351 16,828 Cost of Revenue10,874 11,470 14,658 14,228 Gross Profit1,067 1,906 2,693 2,600 Operating ExpensesResearch Development - - - - Selling General and Administrative971 2,207 2,420 2,175 Non Recurring - - - - Others99 103 112 104 Total Operating Expenses - - - - Operating Income or Loss(3)(404)161 321 Income from Continuing OperationsTotal Other Income/Expenses Net - - - - Earnings Before Interest And Taxes(3)(404)161 321 Interest Expense86 107 143 147 Income Before Tax(89)(511)18 174 Income Tax Expense - - - - Minority Interest - - - - Net Income From Continuing Ops(89)(511)18 174 Non-recurring EventsDiscontinued Operations14 - - - Extraordinary Items - - - - Effect Of Accounting Changes - -  ...Click here to read the whole Article (external link)
ACCOUNTABILITIES, INC. Files SEC form 8-K, Change in Directors or Principal Officers
Show all filings for ACCOUNTABILITIES, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for ACCOUNTABILITIES, INC. 19-Aug-2009Change in Directors or Principal Officers Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purpo...Click here to read the whole Article (external link)
ACCOUNTABILITIES, INC. Files SEC form 10-Q, Quarterly Report
Item 2 . MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The following discussion and analysis of our financial condition and results of operations should be read in conjunction with our financial statements and related notes. This discussion and analysis contains "forward-looking statements". These statements relate to expectations concerning matters that are not historical facts. Such forward-looking statements may be identified by words such as "anticipates," "believes," "can," "continue," "could," "estimates," "expects," "intends," "may," "plans," "potential," "predicts," "should," or "will" or the negative of these terms or other comparable terminology. These statements, and all phases of our operations, are subject to known and unknown risks, uncertainties and other factors as identified in our annual report on Form 10-K for the fiscal year ended September 30, 2008, and our reports filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements. Our actual results, levels of activity, performance or achievements and those of our industry may be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. We undertake no obligation to update the forward-looking statements in this filing. References in this filing to "Accountabilities," the "Company," "we," "us," and "our" refer to Accountabilities, Inc. and its subsidiaries. Overview Description of the Company We are a provider of temporary staffing services, with a focus on light industrial services and administrative support. We provide our services to a diverse range of clients ranging from sole proprietorships to Fortune 500 com...Click here to read the whole Article (external link)
ACCOUNTABILITIES, INC. Files SEC form 10-Q, Quarterly Report
Item 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The following discussion and analysis of our financial condition and results of operations should be read in conjunction with our financial statements and related notes. This discussion and analysis contains "forward-looking statements". These statements relate to expectations concerning matters that are not historical facts. Such forward-looking statements may be identified by words such as "anticipates," "believes," "can," "continue," "could," "estimates," "expects," "intends," "may," "plans," "potential," "predicts," "should," or "will" or the negative of these terms or other comparable terminology. These statements, and all phases of our operations, are subject to known and unknown risks, uncertainties and other factors as identified in our report on Form 10-K for the fiscal year ended September 30, 2008, and our reports filed with the U.S. Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements. Our actual results, levels of activity, performance or achievements and those of our industry may be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. We undertake no obligation to update the forward-looking statements in this filing. References in this filing to "Accountabilities," the "Company," "we," "us," and "our" refer to Accountabilities, Inc. and its subsidiaries. Overview Description of the Company We are a provider of temporary staffing services, with a focus on light industrial services and administrative support. We provide our services to a diverse range of clients ranging from sole propri...Click here to read the whole Article (external link)
ACCOUNTABILITIES, INC. Files SEC form 8-K, Change in Directors or Principal Officers
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Effective on March 30, 2009, Jeffrey J. Raymond assumed the role of senior vice president for strategic planning and ceased serving as the Chief Executive Officer of Accountabilities, Inc. (the "Company"). In such role, Mr. Raymond will receive a salary of $190,000 per annum, subject to the ability to earn commissions based on the performance of the Company. In addition, Allan Hartley was removed as President of the Company effective March 30, 2009 and his employment agreement with the Company was terminated. Mr. Hartley provided notice of his decision to resign from the Board of Directors. On March 30, 2009, Jay H. Schecter, a member of the Board of Directors the Company, was appointed as Chief Executive Officer of the Company. In addition, on such date, John P. Messina, Sr., a member of the Board of Directors of the Company, was appointed as President of the Company. Messrs. Schecter and Messina will each receive annual compensation of $1.00 for their service to the Company as executives and each will continue to receive standard compensation for their service as members of the Board of Directors of the Company. Both of Messrs. Schecter and Messina will continue to be employed by Tri-State Employment Services, Inc. ("Tri-State") and will continue to provide services to Tri-State during their service as executives of the Company. Mr. Schecter has served as a Director of the Company since December 2006 and as an officer with Tri-State since 1999, overseeing the areas of corporate strategic planning, credit and finance and legal. Mr. Messina has served as a Director of the Company since April 2007 and as an officer of Tri-State since 1997. The Company leases the majority of its workers from Tri-State. The Company leases employees in order to mitigate certain insurance risks and obtain greater emp...Click here to read the whole Article (external link)
ACCOUNTABILITIES, INC. Files SEC form 10-Q, Quarterly Report
Item 2 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The following discussion and analysis of our financial condition and results of operations should be read in conjunction with our financial statements and related notes. This discussion and analysis contains "forward-looking statements," within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements relate to expectations concerning matters that are not historical facts. Such forward-looking statements may be identified by words such as "anticipates," "believes," "can," "continue," "could," "estimates," "expects," "intends," "may," "plans," "potential," "predicts," "should," or "will" or the negative of these terms or other comparable terminology. These statements, and all phases of our operations, are subject to known and unknown risks, uncertainties and other factors as identified in our report on Form 10-K for the fiscal year ended September 30, 2008 . Readers are cautioned not to place undue reliance on these forward-looking statements. Our actual results, levels of activity, performance or achievements and those of our industry may be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. We undertake no obligation to update the forward-looking statements in this filing. References in this filing to "Accountabilities," the "Company," "we," "us," and "our" refer to Accountabilities, Inc. and its subsidiaries. Overview Description of the Company We currently provide both general staffing services and niche professional services to the business community through our th...Click here to read the whole Article (external link)
