SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 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): June 8, 2005
HUMANA TRANS SERVICES HOLDING CORP.
(Exact name of registrant as specified in its charter)
Delaware 000-30734 11-3255619
(State of (Commission (IRS Employer
Incorporation) File Number) Identification #)
7466 New Ridge Road, Suite 7, Hanover, Maryland 21076
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(Address of Principal Executive Offices)
(410) 855-8758
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(Registrant's telephone number, including area code)
Section 7 - Regulation FD
Item 7.01 Regulation FD Disclosure.
On June 8, 2005, the Registrant entered into an Agreement to purchase the
business model and concept of Allan Hartley with respect to Staffing and
Recruitment of professional employees. The business model and concept developed
by Mr. Hartley involves opening an office in a particular location to seek
professional employees, the first type to be utilized are CPA firm. These firms
then seek qualified CPA's, for placement with accounting firms, or business
looking for new hires.
Mr. Hartley is to be President of the new subsidiary of the Registrant,
named AccountAbilities Inc. The purchase price of the business model and concept
was the payment of an equivalent annual salary to Mr. Hartley of $120,000 per
annum, which will be increased to $150,000 in six months, once the new
subsidiary is self sufficient and can support the salary.
Also on June 8, 2005, the Registrant entered into a Consulting Agreement with
Jeff Raymond of Pylon Management, Inc., located in Manalapan, New Jersey. Mr.
Raymond has joined Humana's Management Advisory Committee and is to consult
management in all phases of management of the Company, including, assessing
current operations, assessing and overseeing all acquisitions and growth
strategies, as well as streamlining all back-office operations into a central
operation center in New jersey, that the Company is already seeking to
accomplish.
Mr. Raymond's duties will also include assisting Humana to pursue its plans to
focus solely on the Staffing and recruitment Industry, and aside from the
previously stated duties, what Humana is most excited about, is Mr. Raymond's
acquisition expertise and vision he has for our growth strategy. In addition,
Mr. Raymond is currently in negotiations with two Northeast US based staffing
and recruitment companies with combined revenues totaling approximately $20
million annually. Details of the potential acquisitions will be disclosed over
the next several weeks if the acquisition plans proceed.
Currently, Mr. Raymond, through Pylon Management, is a consultant to senior
management of large national staffing company with revenues of over $100
million. Mr. Raymond, through Pylon Management, also is a consultant to a couple
of smaller staffing companies.
Item 9. - Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits.
(c) Exhibits
Exhibit 99.1. Press Release of June 9, 2005
Exhibit 99.2 Press Release of June 10, 2005
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Current Report on Form 8-K to be signed on its
behalf by the undersigned hereunto duly authorized.
By: /s/ John Daly
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John Daly
President
Date: June 13, 2005
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