Labor Smart Inc (LTNC)

[Prime-Time]

I would assume the deal did not go through, as no updates have been posted. I don't expect updates on every business move. LOI's are not set in stone, more as an offer in my opinion. Let's see how today unfolds, hoping for a nice move here soon. $$$LTNC

A letter of intent (LOI or LoI, and sometimes capitalized as Letter of Intent in legal writing, but only when referring to a specific document under discussion) is a document outlining an agreement between two or more parties before the agreement is finalized. The concept is similar to a heads of agreement.