ShiftPixy Discusses Revolutionary Employment Platform for the Rapidly Growing Gig Economy on The Stock Day Podcast

ShiftPixy, a Florida-based national staffing enterprise, recently appeared on The Stock Day Podcast to discuss its disruptive and revolutionary platform designed to facilitate employment in the rapidly growing Gig Economy. Co-Founder and CEO, Scott Absher, joined host Matthew Dunehoo to shed light on the company’s background, current projects, and future plans.

Absher highlighted the technology available for the part-time employment industry, including workers compensation insurance and time management. He explained that ShiftPixy developed its platform to re-engage and reconnect with the new workforce, while also making it easier for brick and mortar businesses to create opportunities between the two.

When asked about reaching out to brick and mortar businesses, Absher mentioned that they focused on marketing directly with franchisees of major brands in the restaurant industry. Additionally, they have been working with industrial staffing companies, medical staffing companies, and technology staffing companies. Absher revealed that ShiftPixy is now considering acquiring several of these companies to create a national footprint.

The conversation then shifted to the integration of artificial intelligence (AI) into the ShiftPixy platform. Absher explained that AI has been part of their tech stack since 2017, with the initial use being in the onboarding process. The platform allows new employees to complete the onboarding process quickly and efficiently, powered by IBM’s Watson. Absher further elaborated on additional AI applications, such as the Instant Interview approach, where candidates can use their smartphones to answer questions through a video selfie, which is then passed on to the hiring manager. This automation streamlines processes that were previously done manually by recruiters or staff members.

Absher also addressed the recent announcement regarding the delay in the effective date of the company’s reverse stock split. He clarified that the reverse stock split is part of the company’s recapitalization process, and he has never sold a share of the company. Absher mentioned that he recently donated shares to charity, but due to slow movement by some charities, Nasdaq requested a delay in the reverse stock split.

Regarding forthcoming catalysts, Absher shared that ShiftPixy has three Letters of Intent with companies moving towards definitive agreements. They are also finalizing financial diligence and putting together a large debt facility to facilitate acquisitions. The plan is to close the first deal in October and continue closing one deal per month through 2024.

In conclusion, Absher encouraged listeners and shareholders to stay updated on ShiftPixy’s current and upcoming interviews as they expand their revolutionary employment platform. The Stock Day Podcast, where the interview took place, is known for its educational approach to nano-cap and micro-cap companies, providing transparency and clarification of under-valued stocks in the market.

For more information and to listen to the full interview with Scott Absher, visit the podcast link provided.

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Founded in 2013, Stock Day is the fastest growing media outlet for nano-cap and micro-cap companies. It educates investors while working closely with penny stock and OTC companies, providing transparency and clarification of under-valued, under-sold micro-cap stocks in the market. The Stock Day Podcast is the number one radio show of its kind in America.

Source: Stock Day Media