-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, SXW5GU0VFBJjOJg9EnLxXVrPXyXHbAhmPitZsxh6TIfB69Qy9XwCFHXUviZszlsI Nd0pVI8ceKrtzvJ0UTKWNQ== 0001169232-09-003704.txt : 20090818 0001169232-09-003704.hdr.sgml : 20090818 20090818115222 ACCESSION NUMBER: 0001169232-09-003704 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20090817 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090818 DATE AS OF CHANGE: 20090818 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GENERAL EMPLOYMENT ENTERPRISES INC CENTRAL INDEX KEY: 0000040570 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EMPLOYMENT AGENCIES [7361] IRS NUMBER: 366097429 STATE OF INCORPORATION: IL FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05707 FILM NUMBER: 091020975 BUSINESS ADDRESS: STREET 1: ONE TOWER LANE STREET 2: SUITE 2200 CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 BUSINESS PHONE: 630-954-0400 MAIL ADDRESS: STREET 1: ONE TOWER LANE STREET 2: SUITE 2200 CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 FORMER COMPANY: FORMER CONFORMED NAME: OSHEA CHARLES M CORP DATE OF NAME CHANGE: 19670413 8-K 1 d77622_8-k.htm CURRENT REPORT

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): August 17, 2009

 

 

GENERAL EMPLOYMENT ENTERPRISES, INC

(Exact name of registrant as specified in its charter)

 

Illinois

1-05707

36-6097429

(State or other jurisdiction of incorporation or organization)

(Commission File Number)

(I.R.S. Employer Identification Number)

 

 

One Tower Lane, Suite 2200, Oakbrook Terrace, Illinois

60181

(Address of principal executive offices)

(Zip Code)

 

 

Registrant’s telephone number, including area code:

(630) 954-0400

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))



 

 


 

Item 8.01, Other Events.

 

On August 17, 2009, General Employment Enterprises, Inc. issued a news release announcing that it has signed a letter of intent with WTS Acquisition Corp. (“WTS”) to purchase 100% of the capital stock of On-Site Services, Inc. (“On-Site”). On-Site is a temporary staffing and payroll services company with annual revenues of approximately $10 million. The tentative transaction is subject to negotiating and entering into a definitive acquisition agreement with WTS. A copy of the news release is furnished as an exhibit to this report.

 

 

Item 9.01, Financial Statements and Exhibits.

 

The following exhibit is filed as a part of this report:

 

 

 

 

2

 

 


SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

GENERAL EMPLOYMENT ENTERPRISES, INC.

                                   (Registrant)

 

 

Date: August 17, 2009

By: /s/ Kent M. Yauch

 

Kent M. Yauch

 

Vice President, Chief Financial

 

Officer and Treasurer

 

 

 

3

 

 

 

EX-99.1 2 d77622_ex99.htm NEWS RELEASE ISSUED BY GENERAL EMPLOYMENT ENTERPRISES

Exhibit 99.01

General Employment Enterprises, Inc., Oakbrook Terrace Tower, Suite 2200, Oakbrook Terrace, IL 60181, (630)954-0400

 

FOR IMMEDIATE RELEASE:

August 17, 2009

 

 

COMPANY:

General Employment Enterprises, Inc.

 

CONTACT:

Ronald E. Heineman

 

Chief Executive Officer and President

 

Phone: (630) 954-0416 Fax: (630) 954-0595

 

E-mail: invest@genp.com

 

General Employment Enterprises, Inc. Announces Intent to Purchase Staffing Firm

 

General Employment Enterprises, Inc. (NYSE Amex: JOB) announced today that it has signed a letter of intent with WTS Acquisition Corp. (“WTS”) to purchase 100% of the capital stock of On-Site Services, Inc. (“On-Site”). On-Site is a temporary staffing and payroll services company with annual revenues of approximately $10 million. The tentative transaction is subject to negotiating and entering into a definitive acquisition agreement with WTS.

 

Commenting on the letter of intent, Ronald E. Heineman, CEO and President said, “With the completion of our major restructuring plans implemented July 1st, we are very confident in our field and corporate team going forward. We are executing on plans to grow organically and through acquisitions, and I am happy to announce that we entered into a letter of intent with On-Site Services. Our vision is to build a national Human Resource Outsourcing (HRO) company with multiple product lines including permanent placement, temporary staffing — including light industrial, medical, information technology, finance/accounting — Professional Employment (PEO) services, Professional Contractors and other products synergistic with the HRO platform. While still a challenging economic environment, we are assessing many opportunities. The letter of intent with On-Site Services includes normal due diligence with a target closing of late fourth quarter 2009.”

 

Business Information

General Employment provides professional staffing services, and specializes in information technology, accounting and engineering placements.

The Company's business is highly dependent on national employment trends in general and on the demand for professional staff in particular. Because long-term contracts are not a significant part of the Company's business, future results cannot be reliably predicted by considering past trends or by extrapolating past results. Some of the factors that could affect the Company's future performance include, but are not limited to, general business conditions, the demand for the Company's services, competitive market pressures, the ability of the Company to attract and retain qualified personnel for regular full-time placement and contract assignments, the possibility of incurring liability for the Company's business activities, including the activities of contract employees and events affecting its contract employees on client premises, and the ability of the Company to attract and retain qualified corporate and branch management.

Forward-Looking Statements

The statements made in this press release which are not historical facts are forward-looking statements. Such forward-looking statements often contain or are prefaced by words such as “will” and “expect.” As a result of a number of factors, our actual results could differ materially from those set forth in the forward-looking statements. Certain factors that might cause our actual results to differ materially from those in the forward-looking statements include, without limitation, those factors set forth under the heading “Forward-Looking Statements” in our annual report on Form 10-KSB for the fiscal year ended September 30, 2008, and in our other filings with the SEC. General Employment is under no obligation to (and expressly disclaims any such obligation to) and does not intend to update or alter its forward-looking statements whether as a result of new information, future events or otherwise.

 

 

GRAPHIC 3 logo.jpg GRAPHIC begin 644 logo.jpg M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````/```_^X`#D%D M;V)E`&3``````?_;`(0`!@0$!`4$!@4%!@D&!08)"P@&!@@+#`H*"PH*#!`, M#`P,#`P0#`X/$`\.#!,3%!03$QP;&QL<'Q\?'Q\?'Q\?'P$'!P<-#`T8$!`8 M&A41%1H?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\? M'Q\?'Q\?'Q\?_\``$0@`/`)8`P$1``(1`0,1`?_$`(T``0`!!`,!```````` M```````&!`4'"`$"`PD!`0`````````````````````0```%`@,"!PP'!@0$ M!P````$"`P0%``81$@ MQ3V;Q4=IC?Y4R!B8YO\`PE`1H,#S/;9LYNY.G$P#Z02*;`%UE$VP&#_,4N"Q MOVX4$BLGM;:9W$\38R(.+?=*CE34>Y!;"(CL#?D$N2M42M-V(XG3.J!L3F*&7!/N4$MB9%.2BF4BD4Q$GJ"3@A#X9BE M5(!P`<,0Q`#4%50*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0 M*!0?.;77^\%V_J*W[Z""4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4 M"@4"@4"@4%PM_P#GT;_%(?B%H*R^?ZUN#]2>?CGH/H;I^JFE#2ZJI@(FG-3) MCG'8`%!^L(B-!K-$14MVC-6I"0D'"K:QX(V5)(@X""!C""228#L*JXR"=0W< M#ZBT&T=O:=V-;K(C.&@V;1%,,`$J)#*&V88G4,!CG'#NF&@@.K&CFD=W,7+= M0\=!7(0OJ\BB9%!0JF&)072*)-X4>[F#'#@$*#4>Z+SN5O9JFF,X<'00,J"S M%T50%02*DFJB=$APQ`Z1A4`Z8X[/J$,`W^LK^C8'].:?@$H+F]>-63-=X[5* MBU;)F6<+''`I$TRB8QA'Z``,:#'EA:AW1J$V>3=OM6<;;"2RC:-B"1;B+5231416,NBZ35()]^D8Q M$L"CP91#$!Q`:"2%43,`B4P"!1$#"`XX"'"`T`3D`2E$P`8V.4,=HX<.%!R( M@&&(X8[`H&(8X8[?HH.!,4,,1`,=@8T$!UPU`FK!L92Y8I!LZ5;KHI*MW0*" M4Q5C9/!%,Q!`0';MH)G"O5'\,P?*E`BCMNDNYMH,6LM7[H? MZT2NFK9DQ2".1%P624WQLY=TDIE%(I@P'[[#[7?CGH-[ M50>#I/?8,_\`W6^N7<\/VN,.<.#;00?L5&9#IO+`GAQL)8_&/\V46Z.[Q[WV ML*#82@TPUQ)H<.JMP#<"UREF=\GQPK`C`6V;<)X;L53`?#+ACCW:""[KLW_] M>[__`$XSSJ#?6U>*?[8A^)BH+3B3;BPK8`IN]T7)GR^#FR\.%!&MSYULU/<$:2.C;.D+34:/XE!=1872Q6RBJ#HI123(93*(`8PCF$N M..-!@Q9N:.[/]F7>Q45&=:7$J0K\5#F,@3[TP(DV^`0QDRG$O=$<>[09<.O/ MWSJUJ5;JB**J\?'IL8`'3DZ`,-H$(14V"(V!;(B.(C%,1$1_AB4&!#1,DX[7=R- MX>2-$O7$1G*]!(C@2G.T;E`0(IX.PV!O^%!-]0T7,-V;UH>16$DXTA$LV!A! M056@H@JJ40''8-:;Y7*@J4KDP'3,)LQ1S)E$=NW M#;01J&*M;MJZ+W9$JJ(R\A).&4BL*BIQ<(*/[HR@=\A3B8!^D*"ME)9[;<)HQ,Q9#F?7$06 M]PE`QC&DDW(H`H1SB/WIC;X^43[0$=E!<['9.H2_+MT:?IKNT)1\V?1CQ0QS MB6,(8%E0,J81$,$"@0HX_P"IC0>DE#M9'M!ZB0SDZY8HEMF7!BBNJBD*G%VH MXB5,Q0^T.;#@QH($K*3*6@]F7<$F\/<+.X>),WIW"HBDU3*J((E+FRB7$@8Y M@$>YCEV4&2)*0N6]]8-0+:!HD\4BXX&4"DNZ,UXB*A2B9ZB`)J8J[TQ#9P`# M`&``.%!0W.PNDNJ6DD3<[XPS"[51M.+L'"A2N=PAHUEH]"/ MFJ.[=2*:AWJF8P[PR;A8A!P,(@&!=FS"@RS0*!0*!0*!0*!0?.;77^\%W?J2 MW[Z""4"@4"@4"@4"@4%]LJ+@Y:Y&$5,*N6[>072:D<-"D.9,ZQP(4QB*"7,4 M!-MP'&@NFI.G+^P[H_+'Q^.12X`XC)1##=NVAAV*)F\(H&PV&#;@/TA@(A07 MM"PD-)-FD6JY6(HS:/%%'0)E$!>-DW)2%!/'[`*Y1'';01\Z:A#93E$IOH$, M!_YT'&`T#"@Y.FH0V4Y1*8.$#`(#MV]V@G&E5CP-X/99G).G3,\;&N94JC8B M:@'3:%*8Z>4XEP,8!V#C05`:%JR#E0+=41+,1<@D0BA4G!LJ:R*J M1S%.&..)1*`A@/>Q#'Y"'/CD*)LH8C@&.`!W:"9V'9\'<$#=KQXLY3?P$6>2 M9D2W8(G$BA$\%!,!C<*G`&'UT$,*F?CGH/H=I\0BD/+$.`&(>:F M"F*.T!`9!8!`:#6M%U-=G+5A[OVBKK3^X#CNC)[<40,)B9!'9OFV<2B4PAF+ M]8#0;,6UJ;8%RLR.X:>9.2'#$4A6(FL79C@=(XE4*/UEH(#JKJ_HK;#5R[50 MB[BN)4!W+)NFWW7SVWD7ZHKO&<<=(&YU3[#J%1737(D8P`&(I`6@IK=T9T]@+3D+59QN]B M);$9--RH=4ZYA```QC&'8(8!ERX8#M#;0=+;T:M*WHES%L5I!1JL@LU;E=.U M%P:).2Y52M2'Q32S!PB!<:"T*=G33]2S4+/%60"";O32*:`.0`V_,3=XB;)B M(`&(@'TB-!=9_1>T9FY6USBO(1T^@F5!:1C71VBSA,A!@&&.`X!B%!;^H"Q0L<]D%5D`MY M1UQP6PNA,('`<0*4QBFRDS>%@7#$=HT$\A(EM#PS&):G4.VCT$VR!E1`RF[2 M*!"9C``8CE#AH(>.C5NA?*]\)2,FC@)@90TO)2C]26:?EZYUG)?NVV^(N9-$A2%(GG.F7-@7$0H/`^AUFF+ M:H;Y\`V8.,&<%PS$^\*I]X(D\/[!2X?Y0PH*&X-(8N-C+\E;>(\=7!=S%V@X M:F6(*2J[@I@3RE,"9293*<(FV%QH+#HQHPW;VQ:KN[FK].`&VX8T$UAM&[.BYV?F2@X>+W.11.:;NSD507*J;.8 M!3R%`.$0##N4'@ST?MR'_+GC0KJ54ME)<;6BWS@HMVJBOA`"9L@&':`%*94Q M\@<'!0=[%CI>8F27MK`5LMG9QC/@A6 M#TTBV("X`H"YBB7$3Y,1*&<1`._05]R:+6G.W,VN@7,C%W"@F5%:3BW0M%G" M92Y,%C$+MQ+L$2X#AL[@4'K)Z/6P_NFWKCXP\;.[9*!8U!%0FY$,XG.*N\34 M4.97,.O&*0FXL1ZJ13MF3!5K%.22 M:.U42'.U<@<1Q#(D!BB79PCLQVAV[.1R$N6YCJ$!4A;7E1,F(B4#`"9,2B)1 M`0Q[U!Z*V(H]0=&(5!UB@N)R@@0N4AC91`3;-HT%3 M`2!9*0U:D0AR0''K;.Y_*$S9BHBLJV..'@DPSB;/ERAACA0=G,R;3V'T]EXE MH]5CGL3%RDD)_RY,P&2(5LAO,QL^&!L`P,(8`$AN]U:T+K;?R4J@ZC M(E\@W;_G<40-]&KN$VZ^^`H8>"J$6,1RDCO"CB43`.W[6V@QM>M[+7/9L0BO$KYH=PH MW3N-ZY!RZ6(J`J<544W2(J`GPEQQRAL[M!`:!0*!0*!0*!07"W_Y]&_Q2'XA M:"KOG^M;@_4GGXYZ#Z(:=_RJ4_6YC_N"U!=KCMF`N6)6B)UBE(1R_P#J-U@Q M#$.`Q1#`Q3!W#%$!"@P5-]BJQ'3@RL3,OXQ,PX[@X)N2%[Q1$$S_`+3#07ZR M>R9IA;CI)\_!>X'B1@.F#X2@W`P<`[@@%*;ZCB8*";:J:71>H=K(VZ\=JQ[5 M!RFZ(HV*01Q2([4KC0N5. M57+/-BI$2D0-]]E12!`@&-_B^Z*!1S8Y@X<:#WO+4.\;S<(KW'(F>F;YMPF! M$T4R"?#.8$T2IDS&P#,;#$:"WJW).JHQ2)WJADH,!")+CL;YE17')_YALU![ M-KON1MZ9F6:(LG2B M:;%!0ZZ;-LBDV0!90`*=44D"ID$Y@*`9A#'#9P4'M:][W-:QW*D"[*S4=I&0 MUSV\]=O85[Q)5^D=N\(FFD**J)QQ,F M=$Q12$O>RT%TMG5O4&V&[QK!RPLVCXXJKM`10.AO!P#.FD=,R:9M@;2`%!;X MV_;LC32IFK_[R<*E<-VRB:R"0@8I%$ MC)B0WA%`%^79>+U)Y<3\SU5`HE0*!$TDDP,.)LB212)E$P_:$"XCW:"/ MT"@4"@4"@4"@N%O_`,^C?XI#\0M!5WS_`%K<'ZD\_'/0?1#3HH%B9,H8X!-2 MX;1$P[)!;NB(T$IH%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%` MH%`H%`H%`H%!H5K+IU>LCJI=#UE%J+-5Y!8Z*H&3`#%$>':8!H(9U5:@\S*^ M.EY]`ZJM0>9E?'2\^@=56H/,ROCI>?0.JK4'F97QTO/H'55J#S,KXZ7GT#JJ MU!YF5\=+SZ!U5:@\S*^.EY]`ZJM0>9E?'2\^@=56H/,ROCI>?0.JK4'F97QT MO/H'55J#S,KXZ7GT#JJU!YF5\=+SZ!U5:@\S*^.EY]`ZJM0>9E?'2\^@=56H M/,ROCI>?0.JK4'F97QTO/H'55J#S,KXZ7GT#JJU!YF5\=+SZ!U5:@\S*^.EY M]`ZJM0>9E?'2\^@=56H/,ROCI>?0.JK4'F97QTO/H'55J#S,KXZ7GT#JJU!Y MF5\=+SZ!U5:@\S*^.EY]`ZJM0>9E?'2\^@=56H/,ROCI>?0.JK4'F97QTO/H M'55J#S,KXZ7GT#JJU!YF5\=+SZ!U5:@\S*^.EY]`ZJM0>9E?'2\^@=56H/,R MOCI>?05L+IA?J,RP65B%"))N$CG.)T@`"E.`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` end
-----END PRIVACY-ENHANCED MESSAGE-----