Labor Smart Inc (LTNC)

[kmikesara]

never and ever are absolutes, so we can agree to disagree and that's all this subject is worth. But as I understand it the underlying crime was armed robbery involving police pursuit, so even though obviously Ryan has outgrown that, his impetuousness and drive to succeed come what may is an issue.

The payroll tax maneuver is a classic example. I have defended it because I know he deliberately used the payroll tax money to grow his business, betting that he could settle up with the IRS at less cost than the usurious convertible loans. But those who see it as crossing the line are not out to lunch. In the end, the final judge was the IRS and they took the long view that it was better they keep LTNC in business, especially the business of getting people employed, in order to collect than putting it out of business just to punish. I think the judgment of the IRS is what counts.