Staffing 360 Solutions Inc (STAF)’s Fiscal Second Quarter 2015 Earnings Conference Call Transcript

Q: Do you have acquisitions lined up to take you to that level?

Brendan Flood – Executive Chairman

Yes, we have a various group of pipeline, I think Matt mentioned that we have an acquisition that has already gone through due diligence, which once we raise the initial [inaudible] of our funding and we’ve reached $4 million we will close pretty well immediately. We are working with our investment bank in New York to raise the second and third [inaudible] which was from the acquisitions of the remainder of that $300 million and maybe go beyond that $300 million. So we do have a very robust pipeline, we have about 15 companies that we’re on active discussions with in various stages and I can tell you that as each of us look at the Staffing market in the United States and the Staffing market in he United Kingdom, there is an awful lot of high quality targets out there who are interested in talking to us, we get a lot more incoming phone calls now than we need to make outgoing ones.

Operator

Ladies and Gentlemen that marks the end of our question and answer session today, does anyone on the team have any additional concluding comments?

Brendan Flood – Executive Chairman

Thank you, Jesse. And thank you everyone for taking the time to join us today. I hope that what you’ve heard and what you’ve heard for the last few quarters will assure you and reassure you that Staffing 360 Solutions represents a tremendous opportunity for rapid growth in both the United States and around the world. As we continue to implement our high acquisition model, we remain committed to growth and revenue, growth and earnings and growth and shareholder value.

Jesse, that is the end of our call. Thank you all again.