Labor Smart Inc (LTNC)

[Tmyz]

The bleeding will continue until the notes are paid or taken out by an alternate source of funding that takes them out. I know the CEO is looking at all options to reduce or eliminate these conversions and it could happen any day or we could be dealing with the conversions for another month or two..

The good news is when they are done, they are done and no plans to add more.

CEO is hanging on to cash for operations and utilizing his credit line to handle all his payables. That's responsible.

If he were to do anything differently, then that might be good for the very short term but not good long term. What would any of us longs rather have, short term relief or a real long term 10,20,100 bagger if things really go our way.

I can do 60 days for Serious pay off, so if that's the worst, bring it, but for Gods sake no more toxic notes. Build the company with revenues and profit and Aquire other divisions, branches with a real bank behind us

Good luck and for all of us. Including the CEO , the employees you and me