Labor Smart Inc (LTNC)

[DD2Gain]

Let's go over some supposed "facts":

It's claimed that the company confirmed over a phone call that a loan is satisfied even though there is no public disclosure.

That loan disclosure is in no way considered insider trading.

Information on loans is not considered material information by the SEC.

Labor Smart is supposed to post a net profit "in the next several months".

Labor Smart is going to uplist.

Conventional loans are "never" given to OTC companies.

50% premiums on convertible notes is only a little higher than conventional convertible notes.

Going delinquent on over $1 million in payroll taxes is a "smart" way to fund expansion.

Labor Smart pays off 90% of its convertible notes, yet the pps has plummeted because of a single evil note holder who held less than 5% of the total convertible debt.

I would go on, but my brain hurts from all these "facts". All from pretty much the same source, no less. But EVERYONE'S credibility is trashed when these ludicrous assertions are properly challenged. Welcome to penny stocks.