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.
This is where you will have to decipher half-truths from reality as it relates to information received from this board regarding LTNC.
The fact is that the restriction is only for internet purchases. In other words, instead of purchasing the stock online you must call in and speak to a broker to place your order. I assume this is because the SINGLE broker dealer wants to confirm that the investor realizes the risk associated with purchasing a speculative security.
If even an ounce of due diligence was done on this company then we would know that this could never happen.
Why? Because all the notes are staggered having different dates when the notes come due.
Of course, that wont stop a feeble few from coming out with their expert analysis.
Agreed....
Totally inaccurate...
Sorry, but the share structure is far too low to start seeing anything considered to be a "large conversion."
As you stated previously, factoring companies like Transfac are very risk aversive when it comes to accounts receivable financings. For them to continue their relationship with Labor SMART speaks volumes as to the type of business Labor SMART is doing. Additionally, the IRS agreed to take a subordinate position on its lien, a true rarity.
Again, it speaks volumes to the strength of Labor SMART's business model and what others think of their business at hand.
As I have stated many, many times. If you want to know information that you can't find on your own then call the company to get your information.
I have no reason not to believe what I am told. To ask them for a copy of the IRS Agreement is ridiculous. To ask you for proof that this agreement is a ten year agreement is not!
REALLY, it's just that simple.
SERIOUSLY???
I ask for proof of something regarding Labor SMART and this is the response I get?
Thank you for clarifying things with verifiable information....NOT!
Why should today be different from every other day!
Please show us this "alleged" 10 year agreement. If you can't show us that then EVERYTHING makes sense!
Interesting fact....
Trust me, you won't get a satisfactory answer because he "created" a 10 year agreement (that doesn't exist) and then extrapolated the numbers based on multiplying the payments for that amount of months.
If the IRS statutory limitation was 15 years then you could bet he would extrapolate the numbers and say that Labor SMART was paying back $2.2 million on the monies owed.
I know that it doesn't makes sense but you will see that many of these doomsday theories being told simply do not add up.
Is that a fact?
You are absolutely correct.....
Be careful of the select few that will tell you that public start-up companies should not be selling stock in order to raise capital.
They will also lead you to believe that start-ups that incur debt and liabilities is a sure sign of failure. That even with triple digit growth, increasing gross profit margins and a positive EBITDA doesn't mean anything if the company can't show net income within its first 3 years of operation.
***NO.... YOU ARE WRONG DD2GAIN!!!
Well, if we want to call B.S.....
YOU ARE WRONG!!!!
cpw13154
Thanks for asking the answer seems to be over $600,000 is that about right LOL. ANd now that very few can even buy because of restrictions panic will set in as people wonder if trying to sell at any price will soon be upon us.IMO
I'm not sure where you came up with $600,000 in IRS interest and penalties BUT I do know that you will never ever be able to provide us with any type of documentation that will validate your answer!
However, I can relay facts from the company....
Penalties were abated by the IRS and they are currently paying .033% interest.
As told 1,000 times before....
The IRS lien was part of the Agreement Labor SMART signed with the IRS when they settled the matter.
Yes, a regular lien that amounts to one quarter or 3 months worth of operations.
The only people it seems to be impacting are the ones who cannot comprehend that something that happened last year and was resolved has no impact on the company or its operations today.
TELL US SOMETHING....
Sorry but you have the wrong information.....
IS THAT A FACT?
Hahaha.... I am wrong only because you say so NOT because you can prove it!!!!
If this is REALLY what you want!!!
ACTUALLY I AM 100% CORRECT!!!
The CEO never lied to anyone and you cannot prove that he did. Your statement DOES NOT prove that he lied about anything to anyone so why even go there?
The facts are the facts. We can't just make up things and tell everyone they are wrong.
No matter how many times a lie is stated regarding Labor SMART or its CEO it will never become the truth unless you can provide verifiable facts or evidence.
So far, I HAVE SEEN NOTHING!
YOU ARE WRONG!!!
cpw13154
I ask for one example of Labor SMART or its CEO lying to anyone since the accusations seem to fly high without any proof and what do I get?
THIS AS AN EXAMPLE:
Here's a nice try that I would like to see.....
cpw13154
Let's talk facts.....
hondaboost
YOU ARE WRONG!
cpw13154
Let's call a spade a spade.....
Why don't you enlighten us with your tenacious due diligence and give us verifiable examples of why we should consider Labor SMART to be liars and crooks.
Obviously you must have uncovered something that we don't know.
Go ahead.... The floor is yours!
Hahaha... Poor examples are of NO SURPRISE! YOU ARE WRONG!!!
cpw13154
We really should learn to read....
I think I already gave a detailed explanation why LTNC will NEVER dilute to a billion shares.
Just because you say so won't make it a reality.
SO WHAT???
Possibly we might want to actually do a little due diligence before using unfounded and inflammatory words like crook, scam and POS in association with Labor SMART and its CEO.
Labor SMART is very much a REAL company that has very visible locations, well known management within the industry, audited financials and continues to run its operations very transparent to shareholders and potential investors.
As for the A/S being increased.... SO WHAT?
For anyone willing to take the time to read the company's press release in totality, it gives a very logical and detail explanation as to why an increase in shares authorize was necessary. It also states very specifically that this move will save the company from unnecessary dilution. DUH! DUH! DUH!
intheknow1 statement is true....
Every single day that goes by Labor SMART grows stronger and stronger.
Whether it is today, tomorrow, next week or over the next several months, it is only a matter of time before the stock is reflective of their operations.
Good observation, no need to check any internet connections.
Hahaha.... DD2Gain you are too funny! At least we agree LTNC goes higher!
DD2Gain
YOU ARE WRONG!!!
DD2Gain
Sorry....
But it's not a big deal nor the end of the world for a company to fall behind a single quarter in payroll taxes. It is something that happened a year ago, was addressed, and corrected.
Personally, I've grown tired of defending a non-event that occurred last year as though it plays any relevancy in the current success of this company.
But I guess when we are desperate and grasping at straws to drum up bad news, then we all must suffer with the constant regurgitation of old news!
Actually....
I said fact because it is true!
DD2Gain
Sorry but it's black or white. Either LTNC is or is not current with their tax obligations.
The fact is that the Agreement calls for LTNC to be compliant and up to date with all their tax obligations.
Sorry if this doesn't fit the agenda of those looking to put out erroneous information about Labor SMART but it is what it is.
WOW!!!!
And what is the insinuation????
C'mon speak up. We would love to see more of your "verifiable" facts.
They certainly can't be worst than what you've been providing us on Labor SMART!
Hahaha....
Yeah!!!
Just because a company like LTNC shows triple digit growth in operations, triple digit growth in client base, almost 3 years of back to back record revenues, increases its gross profit margins from 15% to 25% and has positive EBITDA doesn't mean it's doing anything right!!!