Labor Smart Inc (LTNC)

[HNDRXX]

INSIDER BUYING IN, REVENUE INCREASE $304,100


LABOR SMART INC, REAL COMPANY. REAL REVENUES. REAL LOCATION. REAL CEO. REAL OFFICE. REAL BUYBACK

http://www.otcmarkets.com/stock/LTNC/news
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11322772

A/S NOW OFFICIALLY REDUCED HERE!!



http://nvsos.gov/SOSEntitySearch/CorpDetails.aspx?lx8nvq=qDYb41I%252f33Y7C1gJZ5WrIw%253d%253d&nt7=0





Pre14c: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11109600
What is Pre 14c: http://www.investopedia.com/terms/s/sec-form-pre-14c.asp

$2,000,000 Dollar Buy Back initiated.



Sec Filings 8K: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11127816
News: http://www.otcmarkets.com/stock/LTNC/news
Buy Back SEC RULE 10b-18:http://www.investopedia.com/terms/r/rule10b18.asp

********Share Retirement (FEB 2016) FORM 4



Proof of Note holders Receiving Cash payments (NO DILUTION) UPDATED! FEB 15

CEO PURCHASE OVER 2BILLION SHARES OPEN MARKET. FILES SEC FILINGS
Form 4: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11034891
Form 4: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11035811
Form 4: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11040570
Form 4: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11044920
Form 4: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11047392
Form 4: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11048961
Form 4: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11054870
Form 4: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11059025
Form 4: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11061378
Form 4: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11067763
Form 4: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11097231
Form 4: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11101170
Form 4:http://archive.fast-edgar.com//20160216/AP2CS62CN2229ZZ2222L2Z3ZHTSTZ2K27282/


https://twitter.com/CRyanSchadel

LAWSUIT FULL DUE DILLIGENCE REPORT: PROVIDED BY IHUB WHITEFISH

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=120476529











$LTNC.0006-$5 Million Dollars coming indeed! Explanation…


DUE DILIGENCE PROVIDED BY: IHUB DRUG DOCTOR
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=120526519

Please take a minute and click on these links and you can see how this is all laid out...

Here is where TSGL is going to get the 5 million dollars to pay 1.3 million dollars to LTNC...

http://ih.advfn.com/p.php?pid=nmona&article=70253462

13. Offering and Sales Amounts
Total Offering Amount $ 5000000 USD o Indefinite
Total Amount Sold $ 0 USD
Total Remaining to be Sold $ 5000000 USD o Indefinite

Staffing Group, Ltd. Kimberly Thompson Kimberly Thompson CEO 2016-02-03

Here is SEC filing of LTNC Ownership of TSGL shares...

https://www.sec.gov/Archives/edgar/data/1522469/000152013816000668/xslF345X02/form3.xml

Here are TSGL Financials... Now we can see that if they raise the 5 million dollars, they could pay down/off their liabilities - have no interest expenses, and would be NET PROFITABLE - and have enough cash to buy the North Dakota Firm, and buy the 5 locations from LTNC. It's a win - win for all investors...

Total Current Liabilities $2,527,000

see the balance sheet
http://www.otcmarkets.com/stock/TSGL/financials#

Now take off that $44,000 in interest expense and TSGL is NET PROFITABLE!

see the quarterly income statement

http://www.otcmarkets.com/stock/TSGL/financials#

Finally, TSGL will be launching and rebranding the LABOR SMART brand in their acquisitions...

By ownership in TSGL - LTNC shareholders will see their equity rise tremendously as this plan is put into action!


Alert
The Staffing Group to Acquire North Dakota Industrial Staffing Firm


Company Plans Industry Roll-up

Atlanta, GA, United States, via NZINET CORP., 02/11/2016 - - The Staffing Group, Ltd. (OTC PINK: TSGL) (the "Company"), today announced it plans to acquire a North Dakota industrial staffing firm.

With three locations operating in North Dakota, the acquisition target provides skilled personnel to various industries including trucking, manufacturing, construction, and the oil and gas industry in the Bakken Shale Region.

The proposed transaction is expected to add as much as $6 million in revenue to the Company in 2016 and in excess of $8.5 million in 2017. Definitive terms are being finalized and the Company expects to close on the acquisition upon a successful completion of its equity raise. On February 4, 2016, the Company filed a Form D with the U.S. Securitiesand Exchange Commission, stating its intention to raise $5 million in a non-brokered private placement.

After divesting underperforming assets and a swift clean-up of its balance sheet at the end of 2015, the Company is now focused on executing an aggressive buy-and-build strategy through the acquisition and integration of small to medium sized staffing businesses with focus on the light industrial, engineering, manufacturing and construction staffing space. The Company believes the light industrial staffing segment is ripe for consolidation and will seek accretive acquisitions that will drive annual revenues to $75 million within the next 36 months.

http://ih.advfn.com/p.php?pid=nmona&article=70337745

Now finally - here is what is proposed...


Alert
Labor SMART, Inc. to Explore Sale of Six Branch Locations to The Staffing Group

Company to Announce Live Stream Q and A

Atlanta, GA, United States, via NUZINET CORP., 02/12/2016 - - Labor SMART, Inc. (OTCQB: LTNC) (the "Company"), a leader in providing on-demand blue collar staffing primarily in the southeastern United States, today announced that it is exploring the sale of six Labor SMART branch locations to The Staffing Group, Ltd., (TSGL) a publicly traded company controlled by Labor SMART, Inc.

The proposed arms-length transaction would be structured as an asset sale in which Labor SMART, Inc. would receive $1.3 million in cash, $1.3 million in restricted stock of TSGL, and $1 million in a senior secured convertible debenture with a maturity date 24 months from the closing date of the transaction. Labor SMART, Inc. would retain its open accounts receivable at time of close and would continue to operate its remaining branch locations. The six branch locations included in the sale would continue to operate under the laborSMART brand and no staff changes would be necessary.

Ryan Schadel, President and CEO of Labor SMART, Inc. commented, Executing a transaction with this structure allows Labor SMART to monetize some of its operating assets while still participating in the upside performance of those assets via our equity stake in The Staffing Group as well as consolidated financials. All cash received in the transaction would be used to eliminate our remaining convertible debt.

I believe consummating this transaction would unlock hidden value on our balance sheet and provide some clarity and certainty to Labor SMART shareholders (co-owners) that we have the desire, resources and financial ability to clean up our balance sheet and share structure. Furthermore, this transaction would allow us to invest ongoing resources into the development and launch our Skillcorps platform and seek revenue growth from the remaining Labor SMART locations without the heavy weight of toxic debt on our balance sheet.

As The Staffing Group, Ltd. executes its recently announced acquisition strategy, Labor SMART stands to gain much from its equity position, which can later be monetized or distributed to shareholders through a share dividend of TSGL. A stock dividend of $1.3 million would be an excellent way of rewarding the co-owners that have seen the Labor SMART vision and remained faithful during the difficult last two years.

In the interest of shareholder value, fairness, and avoidance of doubt, Labor SMART will entertain competitive bids for these assets before executing definitive documents for the sale of these six branch locations to The Staffing Group, Ltd.

The Company is requesting feedback on the proposed transaction from all shareholders and requests that questions and comments be emailed to [e-mail]. A live stream Q & A via Periscope.tv will be announced in the coming days.

http://ih.advfn.com/p.php?pid=nmona&article=70356485