Labor Smart Inc (LTNC)

[DD2Gain]

Best July Revenue In History...ROTFLMAO!!!

Sounds like a snake oil salesman's headline.

I should certainly hope it's the best July in history. There are only 3 July months on the books for LaborSMART's operating history. But with 29 branches this year vs. 14 branches last year the 30% increase in revenue is a joke. Unless Schadel adds more venues before next July, there might be a large net decline in revenue for 2015.

My apologies for scoffing at those who warned us about the unsustainable growth with this company last year. Turns out you were right. If we were just looking at the first 14 branches the revenue might be somewhat tolerable. Unfortunately, there is a steep decline in revenue from the 15 newest branches from last month when we factor that June's $415,294 was 4 weeks while July's $472,998 is 5 weeks. Still, this month's report is only through July 25th. Can the gap to a whopping $520,000 be covered in less than a week for flat revenue growth across the board...????????