>> My name is Craig Pete McGuen II [phonetic].
I am in the online advertising business.
I had built and sold a company in the past, primarily online --
primarily long-form lead generation.
And our number one vertical was higher education.
And I waited out a non-compete and I started [inaudible].
What we've tried to do is we've bitten off a lot.
So we're doing three things at one time.
That is a 24 hour job channel network to interview HR directors.
C-level executives in small to medium size companies initially.
And then build that programming.
Run some commercials.
Have other shows.
Resume building.
Job interview tips, etcetera.
The two other components are, candidate exchange.
Which is a large, back-end system for recruiters to log into.
They can upload their resumes.
We'll have a resume parsing system.
We'll be able to auto-match the jobs.
And they can submit for a job.
And we can say, yes, we're sending this along to the HR director automatically.
And it's all touch of a button.
So that's the -- Candidate Xchange is the back end for the recruiters.
And then nameyourfee.com, which we're building as the price line of recruiting.
So nameyourfee.com is where companies that don't have massive budgets; they're not Fortune 500.
But they need a C++ programmer with at least five years experience, that has this,
this and this, and come in there and say, listen, you know, the job is in this location.
It pays this amount of money.
We're offering, you know, 18% commission instead of 25%
or 30% at some of the big recruiting firms.
Or we're paying a flat fee of $12,000 for this placement.
And we're going to be doing a fee split.
So obviously it's going to be a volume play for us, right?
>> Mm-hm.
>> If it's highly automated.
Less humans.
And you know, all these hotel rooms go unsold everyday, and Priceline
or Hotels.com said, hey why take a 0 for it?
Sell it to us for $50.
We'll put it out at $79 or $89.
It would have been $149 and everybody wins.
So that's really -- it's a similar concept in that regard.
>> Right.
>> And it's a massive market.
Unregulated.
And people need jobs.
There are a lot of jobs that go unfilled every day.
And they're fillable.
I mean it -- this -- it happens all day long.
And that's because it's -- you know, it's caveman.
I mean you're talking -- it's literally pix and axes, and it doesn't need to be.
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