Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Folks who have an understanding of business, understand these are normal lease structures for businesses. They aren't out of the ordinary.
I see why this one lease is being brought up now though. I mean, we hear about how the 10Q loss will be over a million and it isn't. We heard about a sell-off that was supposed to start last Monday, and didn't. Now we attempt to take a normal lease, with normal business structure, and claim;
We can see they have cut deals on there leases where they got free months or greatly reduce rates but they are soon to be making up for all those deals
You described the leases like that in plural. When there is "ONE", we shouldn't describe that one with multiple plurals. Now, that's a cold hard fact, lol.
some of the leases are making up for the discount in the coming months.
What they did cut deals all over the place. People can look at the section in the financials and see that. Lol lets face it there are all kinds of deals
not what was said at all
We can see they have cut deals on there leases where they got free months or greatly reduce rates but they are soon to be making up for all those deals
I was told there were numerous leases with many free months and there were numerous increases coming. Your saying it's only one now? What happened to the numerous????????
Ahhh, the cold hard facts, LMAO.
I don't like some of these claimed cold hard facts, lol. We heard there would be a quarterly loss over a million, and there wasn't. We heard about numerous leases with numerous free months and huge rent increases. Turns out they are normal business leases. 9 different leases with a total of 6 rent free months, with 4 of them being months ago, and not even in the last quarter. Then the rent increases, also structured as a typical business lease, most with annual increases of around 3%. Ahhhh, those cold hard facts, lol.
When dealing in cold hard facts, it's hard to create negative banter about LTNC.
We heard so much about the huge drop coming to the PPS right after the 10Q came out, with over a million in net losses.
The price is up from the 10Q, and the net loss was lower than we heard it would be.
THE COLD HARD FACTS, LOL LOL LOL
.35 to .27 in one short week.when financials come out we will see even lower prices
We have heard repeatedly about a big price drop after the 10Q came out. It's been out 4 days now, and the price is up. The cold hard facts showing their nasty face again, LMAO.
.35 to .27 in one short week.when financials come out we will see even lower prices
Sorry bud. I'm dealing in cold hard facts here. One cold hard fact is the quarterly loss wasn't over a million dollars, as we repeatedly heard it would be. Also, there was no massive sell-off after the 10Q was released, as we repeatedly heard there would be. Also, out of 9 leases, there was a measly one with more than one month "free". Also, we heard about massive lease payment increases. That just isn't the case. Most increase by year, as normal business leases do, at a rate to match inflation. From what we were repeatedly told, you'd have thought there were 200 free months of rent and a million dollars in lease increases this quarter.
Please, lets deal with the cold hard facts. No reason for using descriptions to make one believe there are numerous, when there is one. If there's one, there's one. Not several, all, every, and so on, lol.
Per the Q, revs and profit up 60-70%, net loss only increased 17%. The numbers aren't magic, they show an improvement.
We heard a cold hard fact about the loss being over a million. It wasn't. Revs and profit increased 60-70%, while the loss only increased 17%.
Due diligence on the temporary labor industry shows that it is commonplace for small to medium size businesses to factor their receivables in order to give them immediate access to monies necessary to fuel their growth
Is this another cold hard fact, LOL? So, we heard a net loss was going to be on the financials released last Monday, and massive selling would begin immediately after their release. Gotta love the cold hard facts, lol.
Wait a minute. You said "numerous" ones like this, and all you have is this one?
Really???? The cold hard facts, huh?
I've found it very easy to cut/paste portions of the financials in a post on this board, lol. When we hear claims about all this free rent and gigantic rent increases coming, you can check the financials and see a few leases where the first month was free, and the increases are mostly 3% a year to account for inflation, lol. It just takes a slight understanding of business to see these are standard business leases.
Dealing with cold hard facts, lmao. Okay, where to start;
We can see they have cut deals on there leases where they got free months or greatly reduce rates but they are soon to be making up for all those deals
On February 27, 2013, the Company entered into a 37 month lease agreement with Ross Properties, LLC, commencing March 1, 2013, to rent office space at 4424 Taggart Creek Road, Charlotte, North Carolina. The Company is not required to pay rent in the first month of the lease. Thereafter, monthly lease payments, including initial estimated monthly operating expense payments, are $1,408 with an annual rent escalation of 3% per annum.
Well this is trading just like a sub penny. Guess their getting ready for those days. LOL Another last minute trade of what oh yeah 1000 shares wow.
How he didn't pay much for the lame PR for today.
really love this one he takes a huge salary knowing he can show on paper when he lends money back its done @ o interest. Oldest trick in the book
A line of credit at 2% interest: Yeah how did that work out when you paid $96,000 in interest to them that comes right off the top oh yeah that's strong
Loss accumulation rate declining WHAT LOL what were the % last year?
I think a sticky about the million dollar plus loss would be a good one.
losses are getting so large that they can't sustain it very long
At least 150k of today's volume was buys. Maybe some Mickey Mouse trading software shows 168,000 SELLS to 31,000 buys, but that's incorrect.
If the financials really scared folks, not even a painted trade would have been able to close it green.
SO MUCH FOR THE SECOND QTR MILLION DOLLAR PLUS LOSS WE HEARD ABOUT SO OFTEN, LOL
Revs and profit up 60-70%. Net loss increased a mere 17%.
CLEARLY AN IMPROVEMENT OVER FIRST QUARTER.
Revs and profit increased 60-70%, while the net loss only increased 17%, lol.
So much for the million dollar plus loss we kept hearing about. Didn't happen. Read the 10Q. The numbers are improving.
Revs and profit increased 60-70%, while the net loss only increased 17%, lol. Seems they are on the right track.
If their losses were truly increasing, the net loss percentage gain would have exceeded the profit gain. It didn't.
That's a bunch of if's, lol. The financials are out. No million plus loss, as we all heard so many times.
Revs and profit increased 60-70%, while the net loss only increased 17%, lol.
Yes, we heard numerous times about the loss being a million. Funny how the revs and gross profits are up 60-70%, and the loss only increased 17%.
Seems to me, they are a new company, and getting their costs under control.
Losses over a million on the quarter??????? LOL LOL LOL LOL LOL
Sure, there's a loss, but quarter over quarter, revs and profit increased 60% and 74%, respectively, and the net loss only went up 17%. Not nearly as bad as we were told repeatedly that it would be. Over a million loss was the forecast. If they were getting worse, the net loss would have increased the same percentage as the increased revenue and profit. It didn't. It only increased around 1/4 of that. LOL LOL LOL
Fact is, they have improved.
but when you read all they have signed up for the losses will only increase
We were told repeatedly that the net loss would be over a million dollars. It isn't nearly that much. Sure, there's a loss, but quarter over quarter, revs and profit increased 60% and 74%, respectively, and the net loss only went up 17%. Not nearly as bad as we were told repeatedly that it would be. Appears they are looking like a good new company starting up. Their financials reflect lowering their costs, etc.
So, how about Apple never showing any losses? There was a time when Apple showed a loss of over $1 per share. LTNC is showing a .04 per share loss, lol.
LOOKS GOOD
We were told repeatedly that the net loss would be over a million dollars. It isn't nearly that much. Sure, there's a loss, but quarter over quarter, revs and profit increased 60% and 74%, respectively, and the net loss only went up 17%. Not nearly as bad as we were told repeatedly that it would be. Appears they are looking like a good new company starting up. Their financials reflect lowering their costs, etc.
So, how about Apple never showing any losses? There was a time when Apple showed a loss of over $1 per share. LTNC is showing a .04 per share loss, lol.
We were told repeatedly that their net loss would be in the million dollar range, lol. Oh well. Not nearly that bad.
Their revs are up 60% on the quarter, profit increased 73%, and the net loss only increased 17%.
Hmmm, not nearly as bad as we were told repeatedly that it would be.
Huh? Apple has had massive losses over the years.
I imagine if apple showed the same % losses per revenue apple who have died long ago.
For the quarter, Apple lost $161 million, or $1.26 a share, compared with a net profit of $25 million, or 20 cents a share, in the quarter a year earlier. Without special charges related to a revamping and the repurchase of Power Computing Corporation's Macintosh license, Apple's loss for the quarter would have been $24 million, or 19 cents a share. Wall Street analysts had been expecting a loss of $17 million, or 14 cents a share, before charges.
Lol don't think apple and labor smart compare. I imagine if apple showed the same % losses per revenue apple who have died long ago
For the quarter, Apple lost $161 million, or $1.26 a share, compared with a net profit of $25 million, or 20 cents a share, in the quarter a year earlier. Without special charges related to a revamping and the repurchase of Power Computing Corporation's Macintosh license, Apple's loss for the quarter would have been $24 million, or 19 cents a share. Wall Street analysts had been expecting a loss of $17 million, or 14 cents a share, before charges.
brokers are advising there clients get as far away as they can
Release financials but try and limit the number of new sources that know
I get a kick out of all of this trying to make this company out to be something that 99% of the investing world doesn't see at all.
Did they not in fact miss the deadline on there extension last go around?
05/20/2013 5:29PM EDGAR Quarterly Report (10-q) OTCBB:LTNC Labor Smart
05/15/2013 6:09AM EDGAR Notification That Quarterly Report Will Be Submitted Late (nt 10-q) OTCBB:LTNC Labor Smart