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Don't you know????
You can go to all 32 branches, go to their new corporate headquarters, take pictures, talk to clients, talk to management and then post all your due diligence on this board. A very select few will still tell you that this company and its audited financials are just a scam.
WHY? Because they say so!!!!
Once again.... WRONG!!!
DD2Gain
Talk about "SCAMS"....
DD2Gain
WRONG, WRONG, WRONG.....
First, it's not nice to put in words OTHER THAN WHAT WAS ACTUALLY STATED in a quote!
NOWHERE does Ryan Schadel state that there will be 200,000,000 shares added to the shares outstanding. It is a complete farce and fabrication to state otherwise!
DD2Gain
SAY'S WHO.... YOU? Hahahahaha......
DD2Gain
YOU ARE WRONG, WRONG AND WRONG..... You have no "verifiable" numbers!
I guess when we become so desperate to get our point across we just ignore the actual facts.
Quote:
DD2Gain
The CEO did not raise the AS to 1 billion because it was a nice round number and the negative net worth is a historically growing problem quarter to quarter. It will be at most 5x the CURRENT dilution requirements, which means 200,000,000 OS is coming like a manure freight train.
First, since when is an aggressive growth company with less than 3 years of operations having a negative net worth become a problem?
That's right.... When we are told so!
Possibly, we might want to STOP acting like this company is well established company trading on the NYSE? After all, we are talking about buying this stock for .07 cents not $7.00!!!
Second, let's PAY ATTENTION to what the CEO stated about the A/S increase:
Quote:
Ryan Schadel
"Today, I am taking a proactive step of increasing our authorized shares to 1 billion. I want to be clear, there is no intent to issue this many shares and to the contrary, this move protects shareholders from massive dilution that would occur if we failed to reserve properly and caused a default on these debentures. Many will ask, "But why 1 billion?" In case there are parties who believed the company could be pushed into default of these debentures, 1 billion authorized is such a large and unneeded amount, I believe it insures a default for lack of reserve is now impossible. Once these debentures are removed from our balance sheet, the board of directors will move to reduce the authorized shares back to a more reasonable number."
I think the CEO is clear and concise with his explanation.
The fact is, I'm basing my investment decisions on the FACTS that this company currently has under 40 million shares O/S and a little over 20 million in the float.
There is no basis for theories that cannot be substantiated....
WRONG, WRONG, WRONG ON EVERY LEVEL.....
DD2Gain
Great Question.....
There are approximately 38 million shares outstanding and roughly 23 million shares in the float.
No....
Actually, more like stock closing up over 60% on the day.
Come back to us if the stock ever goes "sub-penny" to tell us you were right.
Otherwise..... SEE YA back in the .20 cent range!!!
Hahaha....
GrowthStocks99
NEWS TODAY:
Labor SMART, Inc. Elects New Board Member
Oct 24, 2014 (ACCESSWIRE via COMTEX) -- HIRAM, GA / ACCESSWIRE / October 24, 2014 / Labor SMART, Inc. (LTNC) (the "Company"), a leader in providing on-demand blue collar staffing primarily in the southeastern United States, today announced that James Robert "Bobby" Edmonds of California, has been elected to the company's board of directors. This brings the current total of directors to three.
Mr. Edmonds brings 17 years of experience in IT infrastructure and operations, including 14 years of software and application development expertise. He has held positions in networking, telecommunications, cloud and mobility solutions, both for B2B and B2C. In recent years his efforts have focused on tactical, strategic and marketing aspects of enterprise product development in his position of principal product manager at ServiceNow, a cloud services company.
"Bobby provides Labor SMART with a unique perspective and additional expertise to our board," said Ryan Schadel, CEO of Labor SMART. "He is recognized as one of Silicon Valley's experts in platform development and we believe that as we grow our business, seek new ways to engage with customers, and work to consolidate systems to bring about better EBITDA margins, his expertise will be of great value."
"It is a great opportunity and an exciting time to join the board of directors of Labor SMART," said Mr. Edmonds. "I look forward to supporting Mr. Schadel and his team as they continue to grow Labor SMART into the market disruption it was designed to become. The future of Labor SMART is a bright one and I am honored to be a part of it."
Mr. Edmonds is 37 and is a U.S. Air Force veteran. He resides in Silicon Valley, California.
Hahaha....
GrowthStocks99
Hahahaha.....
GrowthStocks99
Honestly,
I've seen a similar pattern with our "select few" concerning their investment advice on Labor SMART.
I guess the need to put up the façade of always being right or "in the know" warps their sense of reality. Especially when we can just go back and look at previous posts!!!
SERIOUSLY????
GrowthStocks99
YOU ARE WRONG!!!
DD2Gain
A VERY RARE agreement.....
DD2Gain
Remember....
The select 2 or 3 "market mavens" were also the ones trying to convince us what a terrible investment Labor SMART was a couple of days ago when the stock was under .02 cents a share.
Now we are suppose to take their advice?
Maybe in your INFINITE WISDOM you can tell us why we should give a rat's a$$ about authorized shares when this company currently has under 40 million shares outstanding and a float around 20 million shares after almost 3 years of operations while now trading under a nickel?
YOU ARE WRONG!!!!!
All I can say is DUH! DUH! DUH!
DD2Gain
Hahahaha......
Is that truly the best effort that can be made to create doubt???
Stock is wayyyyyyy undervalued down here. We have already identified why it came down so sharply and it had NOTHING to do with its operations.
With continued strong operations and continued growth it is only a matter of time before this stock is trading back up into the .20's.
Is that a fact????
DD2Gain
Hahaha.....
GrowthStocks99
YOU ARE WRONG!!!!
DD2Gain
YOU ARE WRONG!!!!
Calling a company and asking questions IS NOT and should not be confused as the company giving out inside information.
Once again, I see us acting as if we know the law. Just because a company doesn't put out a press release about something doesn't mean that it is considered "inside information".
We should try calling the company some time before making unfounded comments. Oh wait, that wouldn't work if we want to continue making things up.
DD2Gain
There is a difference...
Expeditor13
YOU ARE WRONG!!!
Expeditor13
That is a fact!!!!
I will question each and every statement that is made that I believe to be false regarding LTNC.
Secondly, my opinions are based on research, due diligence and facts regarding LTNC. Well, that plus 30+ years of real world business experience, a Master's in International Business and an expertise in private investment banking.
As far as my opinions differing from EVERYONE else....
Last I checked, the opinions of 2 or 3 individuals does not amount to EVERYONE. Actually, it amounts to the minority not the majority.
I've never seen truer words spoken!
If we would like to get real then we should not include Yahoo's name in any opinion or quote UNLESS it came directly from them.
It is QUITE OBVIOUS that there was an attempt to give that ridiculous quote about LTNC a sense of validity by adding Yahoo's name in there.
In my book that's deceitful.
By the way, I am still waiting on your proof that the CEO stated he was adding another 200M shares to the share structure!
Is that a fact?
Do we actually work for an investment banking firm or have an expertise in this field???
Hahaha... Obviously not!
When investment bankers look at a situation, they may weigh the agreement that LTNC has with the IRS, but what is more important is what is the company's ability to pay, how it affects the company on a going forward basis and does the structure of the agreement affect the company's ability to continue with their business model.
A lien, is a lien, is a lien no matter where it comes from. There is already a first position lien by Transfac who finances all there receivables. This is commonplace for the industry. DUH!
What's not credible is making statements and then when asked to verify those statements ignoring the question and moving on to another subject.
Case in point:
Show us how Labor SMART is gasping for its last dying breath as an operation.
While you're at it, show us just how much ACTUAL dollars this company is losing as opposed the write-off's and paper losses that make up the majority of their losses.
Go ahead.... The floor is yours!
YOU ARE WRONG!!!
We can make a statement a 100 times and it will still not become the truth!
DD2Gain
PURE FICTION:
DD2Gain
Well, I have to agree....
DD2Gain
The facts are that Labor SMART is currently sufficient with the revenue stream they are currently generating to pay their own bills. However, if they want to continue to grow then an infusion of working capital is necessary.
Funny how we completely avoided my request to prove to me how much actual monetary dollars this company is losing. What's wrong? The truth doesn't fit the agenda?
Lastly....
I am not here to tell anyone to buy or sell. I am here to protect my own vested interest with this company and make sure that everyone is aware of the verifiable facts.
That's a big difference from other statements that I read.
EXCUSE ME but the quote you just posted did not come from Yahoo. It is an opinion that is riddled with erroneous information and theories that do not properly reflect the current business that Labor SMART is doing.
I'm very surprised since anyone with an ounce of business acumen should be able to see this.
I'll give you one very brief example so as to not waste any more of my valuable time:
Is that a fact????
First.....
I'm still waiting for your PROOF that the CEO said he was dumping 200 million shares into the market. Which is really funny since there are currently less than 40 million shares outstanding.
So before I even pick apart and prove how Labor SMART is currently self-sufficient and doesn't need to borrow money to pay their bills, how about you prove your previous statement???
I would like to see some facts supporting some of these ludicrous statements!
YOU ARE WRONG!!!
Expediter 13