Labor Smart Inc (LTNC)

[DD2Gain]

$3M toxic credit line from....CAYMAN ISLANDS!

Everyone might want to cool their jets and take a look at how many companies TCA Global Credit Master Fund, LP has in bankruptcy proceedings with such claims as FRAUD in the mix. You might also want to look at how penny stocks have done when they start doing business with this offshore establishment. It isn't pretty.

TSGL may be the one on the hook for the loan, but rest assured that TCA Global will not hesitate to crush Schadel for being part of this scheme if/when the millions of dollars in this new toxic debt is not paid on time.

Just think: $160,000 of the new loan is going toward paying the $2 million Schadel owes the IRS and another $30,000 is going toward $3.5 million in delinquent toxic debt.

Cayman Island loan sharks.

Can it get any more desperate? Let's find out....