-----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, PoDobtxkleWap4vIDvZmJ34cF7s/n4oHdp3bfl7hxEns+lfcCpzYpoJ8sfwLbeN/ v0ka1idwmjD5n1PXY/iOlA== 0001255294-08-000502.txt : 20080522 0001255294-08-000502.hdr.sgml : 20080522 20080522165835 ACCESSION NUMBER: 0001255294-08-000502 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20080522 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20080522 DATE AS OF CHANGE: 20080522 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SupportSave Solutions Inc CENTRAL INDEX KEY: 0001401475 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-HELP SUPPLY SERVICES [7363] IRS NUMBER: 980534639 FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-143901 FILM NUMBER: 08855320 BUSINESS ADDRESS: STREET 1: 2820 W MAPLE RD STREET 2: SUITE 241 CITY: TROY STATE: MI ZIP: 48084 BUSINESS PHONE: 248-430-4300 MAIL ADDRESS: STREET 1: 2820 W MAPLE RD STREET 2: SUITE 241 CITY: TROY STATE: MI ZIP: 48084 8-K 1 mainbody.htm MAINBODY mainbody.htm
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):  May 22, 2008
 
SupportSave Solutions, Inc.
(Exact name of registrant as specified in its charter)
 
Nevada
333-143901
98-0534639
(State or other jurisdiction of incorporation)
(Commission File Number)
(I.R.S. Employer Identification No.)

1451 Danville Blvd., Suite 201 , Alamo, CA
94501
(Address of principal executive offices)
(Zip Code)


Registrant’s telephone number, including area code:  925 304-4400

___________________________________________________
(Former name or former address, if changed since last report)

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:

[ ]
Written communications pursuant to Rule 425 under the Securities Act (17CFR 230.425)
   
[ ]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
[ ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
[ ]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


 
 

 
 
Item 7.01 Regulation FD Disclosure.

On May 22, 2008, SupportSave Solutions, Inc. issued a press release announcing a new corporate stock repurchase program. A copy of this press release is attached hereto as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits


The information contained in this report (including Exhibit 99.1) shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as expressly set forth by specific reference in such a filing.

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 hereunto duly authorized.

SupportSave Solutions, Inc.



/s/ Christopher Johns
Christopher Johns
President / CEO

Date: May 22, 2008
EX-99.1 2 ex99_1.htm EXHIBIT 99.1 ex99_1.htm
SupportSave Solutions Announces Stock Buyback Program

ALAMO, Calif., May 23, 2008 (BUSINESS WIRE) -- SupportSave Solutions, Inc. (OTCBB: SSVE, www.supportsave.com), a provider of Business Process Outsourcing (BPO) services in the Philippines, has announced the execution of a stock buyback program, subject to market conditions, with purchases to be made out of ongoing positive cash flow from operations. Under the program, the Company may acquire approximately 500,000 shares from the open market.

“We believe that the repurchase of our stock represents an attractive investment based on current market prices and therefore represents an accretive investment opportunity for both the company and our shareholders,” said Chris Johns, CEO of SupportSave Solutions. “The strength of our balance sheet enables us to execute this program while still being able to achieve our short and long-term growth strategies and build greater shareholder value. We believe that our shares are undervalued and this buyback is an effective use of our capital.”

The timing and exact number of shares purchased will be at the Company’s discretion. The buyback of shares may occur in open market, negotiated or block transactions. The Company does not intend to repurchase any shares from its management team or other insiders. This stock buyback program does not obligate the Company to acquire any specific number of shares and may be suspended or discontinued at any time.

About SupportSave Solutions, Inc.

SupportSave offers offshore outsourcing services from its American-managed facilities in the Philippines. For just $897 per month each, SupportSave provides a full-time dedicated employee or team of employees with the skills required. The employee(s) will have excellent English skills with almost no accent. SupportSave can provide dedicated employee(s) in any of the following fields: customer service, technical support, administrative support, legal, accounting, engineering, virtual assistant, sales, telemarketing, programming, and more. In Business Process Outsourcing (BPO) SupportSave is the pioneer in low-cost outsourcing. For more information about SupportSave Solutions, Inc. please visit our website at http://www.SupportSave.com.

Safe Harbor Statement

This press release may contain forward looking statements that involve risks and uncertainties, including statements regarding our business strategy and development plans, plans for entering into new businesses, anticipated sources and uses of funds and other statements regarding our plans, objectives, expectations and intentions that are not historical facts. Because these forward-looking statements involve risks and uncertainties, actual results could differ materially from those discussed in this press release. These risks and uncertainties are described in greater detail in the reports that we file with the Securities and Exchange Commission. Our actual results, performance or achievements may vary materially from those expressed or implied in any forward-looking statements. All forward-looking statements reflect our beliefs and expectations as of the date of this press release and should not be relied upon as representing our views as of any subsequent date. While we may elect to update these forward-looking statements publicly at some point in the future, we specifically disclaim any obligation to do so, whether as a result of new information, future events or otherwise.
 
 
SOURCE: SupportSave Solutions, Inc.
CONTACT:   The Investor Relations Group
212-825-3210  
Investor Relations:
 
Michael Crawford  
mcrawford@investorrelationsgroup.com
 
or
 
Emily Hanan  
ehanan@investorrelationsgroup.com  
or
 
Media Relations:
 
 

 
 
Laura Colontrelle  
lcolontrelle@investorrelationsgroup.com
 
   
Copyright Business Wire 2008  
   
-0-
 
   
 KEYWORD: United States
  Philippines
  Asia Pacific
  North America
  California
INDUSTRY KEYWORD:  Professional Services
  Consulting
  Other Professional Services
SUBJECT CODE:    Buyback Program
                                                       
                                        
                                                                                              
                                         
                                                                                            
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