Monday, July 20, 2009

MSTF - Put It On Your Watch List

MSTF has come out with several press releases recently that might indicate this stock will see active trade the next few weeks.

Just last week this stock was stuck with no bid and shareholders were unable to unload their positions. Today, at last check, four market makers are willing to take sales at .0001 while a six market makers where looking to take buys at $.0002.

Let's see if the bid firms over the next few sessions.

Today's news is below:

Monarch Staffing, Inc. (MSTF.PK) Awarded New Contract With the California Department of Corrections and Rehabilitation -- Continues to Expand Service Offerings Market Wire    "US Press Releases "
SAN JUAN CAPISTRANO, CA -- (MARKET WIRE) -- 07/20/09 -- Monarch Staffing, Inc. (PINKSHEETS: MSTF), and its wholly owned subsidiary Drug Consultants, Inc. ("DCI"), a provider of healthcare staffing services, announced the award of a new contract with the California Department of Corrections and Rehabilitation ("CDCR").

The contract is for Occupational Therapy Services at the CDCR and expires June 30, 2010 .

"We are extremely pleased with the bid and award process with the CDCR. Our new Occupational Therapy Services Contract coupled with other recent contract awards will allow us to continue to diversify our staffing services provided to the State of California and continue to facilitate the growth the Company is experiencing," commented David Walters , Chairman.

DCI furnishes personnel to perform a range of pharmacy, nursing and other healthcare staffing services in support of the operations of government and commercial facilities, including its largest client, the California Department of Corrections and Rehabilitation . DCI has experience in providing its services in rural areas of California where many state facilities are located and healthcare professionals are not readily available.

This Press Release contains or incorporates by reference "forward-looking statements" including certain information with respect to plans and strategies of Monarch Staffing Inc. For this purpose, any statements contained herein or incorporated herein by references that are not statements of historical fact may be deemed forward-looking statements. Without limiting the foregoing, the words "believes," "suggests," "anticipates," "plans," "expects," and similar expressions are intended to identify forward-looking statements. There are a number of events or actual results of Monarch Staffing operations that could differ materially from those indicated by such forward-looking statements.

Contact Investor Relations: David Walters Chairman 949-373-7282 Email Contact www.monarchstaffinginc.com

1 comment:

Unknown said...

Good luck with the flip. Personally, I wouldn't trust a David Walter's company (e.g. RMTD), you may end up holding a bag yourself.