Labor Smart Inc (LTNC)

[DD2Gain]

Oh yeah, I read the 10Q. ROTFLMAO!

One of us has to! There is no disclosure of the steep penalties assessed for being delinquent with over $1 million in payroll taxes. There is also no disclosure of the full term and final balance owed of the "Installment Agreement", which is awful convenient for our boy Schadel as it would reveal the penalties assessed. You're welcome to go right on ahead and quote the 10Q to prove me wrong. (yeah, right)

There is, however, disclosure of another $650,000 in lovely convertible notes issued since the first quarter. Looks like LTNC is well on its way to $3 million in convertible debt for this year.

Oh, yeah...EVERYBODY should read this gem of a 10Q.

http://www.sec.gov/Archives/edgar/data/1522469/000152013814000210/ltnc-20140627_10q.htm