Labor Smart Inc (LTNC)

[dizzydon]

872,494.71 reason's why the SEC might investigate LTNC

$872,494.71,the amount of money from Labor Smart's "working capital" that Ryan Schadel has spent,beginning on November 25th,to purchase share's of his own company's stock,and share's of TSGL.

definition of working capital:

Working Capital = Current Assets - Current Liabilities
Working capital is defined as the difference between current assets and current liabilities. Current assets are the most liquid of your assets, meaning they are cash or can be quickly converted to cash. Current liabilities are any obligations due within one year.

..technically Labor Smart doesn't have any "working capital" because it's current liabilities exceed's it current asset's by $5,189,814

so here you have a company that is operating at a loss from one quarter to the next,owe's the IRS well over $2,000,000 in unpaid Federal Income Tax,and a CEO who is using money from his company's cash flow for stock purchase's,and even a $250,000 McLaren

i seem to recall a post from a few week's ago that indicated several people have complained to the SEC about Ryan Schadel/Labor Smart...i know from personal experience that the SEC does answer email's sent to them.

Many on this message board have stated that Labor Smart IS NOT under investigation

That may or may not be true,(how could we possibly know),but they can't rule out the possibility,(a real one,imo) that it will be.