Labor Smart Inc (LTNC)

[gman5287]

OTC Short Report is a complete fabrication.

They are a third party company who are used for 2 different things in the penny stock world.

1) To create panic and a sense of pending drop.

2) To show MMs are short and that a short squeeze is coming that'll push the stock higher.

Both point are 100% false, as the data is not even accurate. Here is the proof:

"FINRA requires firms to report short interest positions in all customer and proprietary accounts in all equity securities twice a month"
http://www.finra.org/industry/short-interest/short-interest-reporting-due-dates

So how does some third party get their hands on short data everyday? They don't, they simply make it up.