Labor Smart Inc (LTNC)

[cpw13154]

August should have been a huge month for this company if in fact they were going to make a go of it. But in fact it was horrible. We can try and blame it on whatever we want but the truth is its not going to happen. We keep hearing how it takes time to get the new places up and running. LOL well we have seen that same stores revenues were p a whopping 2% LOL that was worth the weight. And least we forget the fearless CEO bragged how one of the new places had revenues of 30 grand in its very first week. What happened? this company should have revenues of 5 to 6 million with the addition of 16 new places and the maturity of the other 14 but as we see its not much more now with 30 as it was with 14. Look at August and then last August figures and we see why this company is not going to make it.