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I agree, I just noticed an announcement earlier in the month hiring 300 in myrtle beach by end of year, as well as a new client launch in Colorado Springs. I expect new business wins announced for 3rd quarter to be close to 20 million.

Thanks omar for the thorough report. Any results even close to your projections should bring a higher stock price. I'm glad they cut some excess seats offshore and continue to pay down debt. I agree the conference call seemed to be the most positive they have ever been during the last 5 years. Going into a seasonally strong time of year, I hope to see strong results going forward.

Okay, now I understand. I probably should have read slower, it would have made more sense. Thanks for the clarification.

Omar I was rereading your analysis report I have two questions. 1. Lets assume startek manages to achieve $334 million in revenue for 2016. Stripping out the Accent revenue, that a 6% organic growth rate from 2014. That's below the 10% Chad was looking for. Do you anticipate revenue growth % to increase going forward into 2017? 2. With the new IT upgrades completed in 2nd quarter 2015, how do we really know if the cost to ramp up programs and the speed to set up a new client has come down? I see ramping expenses every quarter and not sure if they have indeed been reduced. Thanks in advance for the input

Omar, I agree the client engagement model seems to be working. The Accent business seems to have stabilized and diversified Startek's revenue stream. I noticed the reduction of 150 domestic seats from 3rd quarter 2015 to 4th quarter 2015 was the closure of Kansas City facility, correct? I noticed in your report you anticipate 600 less seats available offshore from 1st quarter 2016 to 4th quarter 2016? Is there going to be another site closure? I know Chad has mentioned on the call recently the possibility of "taking out pockets of capacity" is that what he is referring to? Also, when comparing your last report Dec 2015 with this current report March 2016, I noticed a reduction in revenue forecast for the 4 quarters in 2016. Is that an indication of lost contracts or weakness or just a tweaking of the numbers? Honestly, I prefer to see expectations lowered and then an earnings beat than the other way around. I am pleased to see that we have the possibility of 3 of the next 4 quarters being profitable. We haven't had 2 profitable quarters in a row for at least 5 years that I know of. These questions aren't meant to be challenging... just trying to better understand what I own.

Nice job on the comprehensive report. I appreciate your insight. I will post some questions for you after I review it in again in more detail. Thanks

Omar, I know you are in process of tweaking your numbers for 2016 and still need to talk with management. But with 82 million in revenue in quarter 4, a seasonally strong quarter. Do you think its realistic that Startek can do 84 million in revenue in first quarter 2016? Chad did seem to indicate that some temporary contracts were ending and quarter one and two were generally the weakest of the year? Not trying to challenge you but did notice that was your projection in your last report.

Omar, Congratulations on your startek recommendation. They surpassed expectations after the bell this evening. Sustained and profitable growth is what they are looking for in 2016.

I noticed last week sprint was cutting jobs at some their call centers. I know the accent business they bought contracts some with sprint, do you think this will negatively effect startek?

Do you think the uncertainty in the market and economy will derail startek's efforts at meeting capacity utilization and margin expansion?

I can see you have done a fair amount of research and I respect the fact that you have put your money where your mouth is. Your answer makes sense. Thanks

I did notice that Arnaud Adjler one of the startek board members, owner of engine capital, accumulated over a million shares the last couple of years at over $6.00/share. What do you think his exit stragedy will be? Also another hedge fund privet, has a board seat and seem to be longtime shareholders. I noticed they were buying as late as may 2015 at much higher prices. Do you think they will want to average down here at lower prices?

Omar, Can you post a breakdown of your 2016 revenue growth forecast and how do you come up with these? And what are the other analyst missing in terms of ebidta estimates verses what you expect? Your thoughts would be appreciated. Thanks