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Only on the OTC is the spread 66% of the bid. Smart flippers know better than to pay that premium because they won't likely be able to sell at .0005
Yep, huge RS coming if not LTNCQ first.
There is something mentally wrong with this CEO.
He tweets about "allowing" lawsuits against him to go on because it suits his agenda. The guy is either a habitual liar or clinically deranged.
Bottom claimed at 10,9,8,7,6,5,4... The CEO pumping this shit doesn't help, so what makes anyone think pinky "here's the bottom" BS is going to help? It's gonna be impossible to sell shares at no bid, so I guess I can't blame people for trying.
THERE IS NO MONEY NOW AND THERE NEVER HAS BEEN MONEY FOR A BUYBACK. Why is this so difficult to grasp? $5.5 MILLION in delinquent debt! 'Nuf said.
Not longs, nor the SEC, nor anyone else has seen any effort from this CEO to do anything but sell shares. The 2015 3Q is the last filed financial report. How pathetic. Remember when bad news that was more than a month old was called "old news"? Well, it looks like EVERYTHING is ancient history now. #LTNCQ
How many billions were on 6 and 5? L2 is only a snapshot of the market. In a sell off, those prices will drop fast and hard back to no bid. The reality about the value of all those hundreds of millions of shares people claim to own is that only a fraction can sell at the opening bid while the rest become worth less and less until nobody wants to buy them for more than .0001. That's what's called holding the bag.
Schadel is a fraud and .0003 will be a 52 week high before long.
I wonder if transferring branches to TSGL is possible without serious ramifications by the IRS. Schadel's payment arrangement is secured with the 15 branches he had at the time the $1 million payroll tax delinquency occurred. Now that he has admitted to having only 13 total branches, I'll bet the IRS has already stepped in to put a halt to his fraudulent activity.
I had to stop reading. The app is a blatant ploy. It's not worth that much thought and I shouldn't have even gotten into it as far as I did. It's an app.....an app.
Like, Schadel will surprise us with ethics?
SHHHHH!!! We're not supposed to notice delinquent filings!
C'mon, seriously?
An app "saving you commute time and time off work"...no it does not. Where does this come from??? Let's begin with the fact that the app isn't even in beta testing despite the CEO pumping it all these months. And then, holy shit,...Google Maps already exists and doesn't require reporting your exact location to Ryan Schady 24/7!
"Enabling you to divide your work over sessions"...yeah, screw the needs of the client! Temp laborers dictate their own schedule now!!! So cost effective! LMAO!
"or work from the convenience of your couch"...whaaat??? Do I really need to address this?
SKILL CORPS IS A TIMEKEEPING AND EMPLOYEE TRACKING APP! NOTHING MORE!
Quick, everyone download the app to save Schady a few bucks on HR costs and use your own data plan as his electronic leash on you! Yeah!!!
News! LTNC to change its ticker to SCAM
OTC-BS newswire:
"I've actually said before on Twitter that OTC investors are incompetent- lol -, so in keeping with SEC requirements for TRANSPARENCY and planned UPLIST, this ticker change is designed to reflect the STRATEGIC DIRECTION of Labor Smart in order to offset the costly inconvenience of FULL DISCLOSURE through financial reports. With the filing savings combined with our NET INCOME we expect to see a DRAMATIC INCREASE in ambiguous ANNOUNCEMENTS IN THE COMING WEEKS!"- Christopher Schady
Volume for LTNC jumped to 4 million and the stock price leaped to .0005 from .0005 with 75% of the trades being gifts at .0003
LOL...that "acquisition" (pump) meeting was almost a week ago.
No news because no news. LTNC is a SCAM for easy pockets that don't care when a CEO stops filing financial reports.
FACT: May 18th has come and gone with nothing.
SCAM!!!
Yet no 10K or 10Q to prove it. SCAM!
Reading is SOOO hard! I guess that's why Schady stopped filing financial reports. No point in going through all that effort for shareholders who don't bother to read them.
Actually, I clearly pay a lot more attention than most. A huge selling point of the app is supposed to be that it tracks employee movement so that if an employee is running late for a job the app will automatically calculate the estimated time of arrival and notify the customer. By tracking employees, it is supposed to eliminate the ambiguity of when employees show up to work...and how long they take breaks...and how long they use the restroom...etc.
I'm sure temporary workers are just tickled to death at the idea of having to use their own cell phones to save Labor Smart a couple dollars while they toil for minimum wage with "big brother" Schady watching every move.
Scam!
lol...minimum wage temporary workers "want" an app that tracks their movement using data connections they have to pay for? That's rich. Maybe a new company can be created to sell cell phone plans at the check-into-cash places. Or, maybe Schadel can pay his workers with prepaid cell phone cards. That oughta look great for the bottom line!
Not a single job has been issued through Skill Corps. I have the app. It's a timekeeping tool. Hardly revolutionary and certainly not something temporary workers are inclined to do for free from their cell phones.
FACT: vacuum cleaners suck and so does LTNC.
FACT: nothing else needs to be said. I said FACT. So there. Oh, and LTNC is a scam, but that's too obvious to need FACT.
FACT: opinions are not fact...even when capitalized.
So, 11 cars for the other businesses and 1 car for a soon-to-be - unemployed branch manager.
Agreed, news coming about bankruptcy or RS. Neither will save Schadel from the IRS, but we know it won't stop him from trying.
1300% gain fizzled away on empty promises and deceptions by this fraud CEO who no longer files financial reports. Maybe a class action lawsuit can recoup a bit.
Agreed, anything is possible with a class action suit against Ryan Schadel. Maybe Prometheus will expand their fraud suit to help shareholders recoup a few pennies so they don't lose everything.
Agreed, LTNC is wrong all around! 100% losses at no bid for longs.
I reported this fraud CEO to the SEC back in December. Unfortunately, there are a lot of ways for fraud CEO's to maneuver through loopholes and keep making money on inexperienced investors on the OTC.
But, others have reported him as well, so maybe this is why he has stopped reporting financials.
Still, Schadel should be kicked out of securities at the very minimum. Maybe where the SEC is too relaxed the IRS will finally bring him to his knees.
Now THAT'S funny considering the spread is 66% of the bid and the stock closed with a paint at .0005 to keep the dream alive.
Nobody is long on a no bid stock.
Probably the IRS Commissioner to "tell him" what the new terms will be for the agreement on payroll taxes he hasn't paid.
DELINQUENT 10K AND 10Q...SCAM!
Yeah, screw the financials. Let's hear about a meeting!
LMAO! Shareholders getting busted up right and left by this CEO so bad that a tweet about a meeting gets everyone excited.
Oh, my...a TRADEMARK? To da moooon! LMAO!!!
ROTFLMAO!!! Now the CEO has gone from a "possible acquisition" in DC to an "investor meeting". What a fraud this CEO is. He must be down to promising beer by now to pay his minions to promo this shit. Can't last forever with bankruptcy looming.
That app pump campaign by the CEO has come and gone. Now it's back to another acquisition pump that'll fizzle out just like the last one. This CEO is reduced to recycling failed promos while expressing no plan to release financials. Truly pathetic.
Math is obviously a serious challenge:
The OS for this scam is 7.42 BILLION shares and that is just the last known OS since the CEO has gone completely dark on the last two financial reports. The incredibly dumb notion that this stock could come close to even a penny defies any sense of reality. No bid, reverse split, bankruptcy, and/or IRS seizure are infinitely more likely than a $74+ million market valuation on a stock RETURNING to no bid.
Just as "Saaaaweeet" as the last pump about a "potential" acquisition that never happened. Copper? Massive RS is the only way.