Labor Smart Inc (LTNC)

[DD2Gain]

If you have no other source of financing,getting a low interest payout plan from the IRS is just good business.

If this is the best defense for being delinquent on tax obligations two years in a row- obligations that are fully funded through the payroll paid by clients and should be readily available- then it's clear that this company should be steered far clear from as a serious investment. It may be a good penny play, but investment it is not.

Imagine what the clients must think who are aware that the cash they paid to LTNC for payroll taxes is being misappropriated to unrelated financing activities.