Labor Smart Inc (LTNC)

[DD2Gain]

"Schady" is the best description of the latest PR.

I didn't like that term before, but man this year has proven how underhanded this company is being run.

The company admits to losing over $300,000 per month in business, but tries to play it off like it was an unannounced plan. The revenue reports suggest there was a lot more than that lost- especially during what should be busy summer months- but call it planned and everyone should be OK with it. lol

The revenue growth is flat for the first 14 branches YOY (has been all year) and likely declining for the newest 15 branches despite their total monthly revenue being not even 1/3 of what 14 branches did this same time last year. BUT, call it a strategic shift in growth and everyone should be OK with it. lol

This is what a stinky pinky looks like. It's sad because there was a ton of potential here and the branches are running, but more like being run into the ground by a clueless CEO.