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Thanks. The logic was to post factual info so folks aren't deceived into buying this stock before an RS.
Just trying to help the little guys and gals out there.
Hahaha. The LTNC NEWS today has disproven your theory once again.
Awesome news for LTNC indeed.
500:1 R/S will happen- (see link below). It should take ~30-40 days to fully complete depending on How fast the company moves.
http://www.otcbb.com/asp/dailylist_search.asp?DirectSymbol=HYII&OTCBB=OTC
500:1 REVERSE Split posted on 10/14/13 (link below)
http://www.sos.state.co.us/biz/ViewImage.do?fileId=20131590552&masterFileId=19871730874
Other important documents regarding HYII
http://www.sos.state.co.us/biz/BusinessEntityHistory.do?&cmd=passgo&pi1=4
The Awesome LTNC news from yesterday disproves your post again.
Hahahaha. That's real funny, but our CEO is building a great company and it's being done at the RIGHT time!
LTNC SS
Shares Outstanding: 16,045,000
Authorized Shares: 75,000,000
Free Trading (Float): 2.4M
The SS is controlled tightly by the CEO and has always kept shareholders in mind.
Exactly. I'm certain in the very near future LTNC will uplist to trade on the AMEX or NYSE in the near future.
Yepper.. LTNC has put forth lots of REAL FACTS for shareholders. It's not just uneducated opinions with no proof to back them up. LTNC is the real deal. JMO
Yepper.. LTNC has put forth lots of REAL FACTS for shareholders. It's not just uneducated opinions with no proof to back them up. LTNC is the real deal. JMO
Agree Awaken. The LTNC chart is shaping up for the next leg upward. Next step .40+++ soon well hit Dollar Land.
Shares exchanged hands, so wouldn't that make it 100% buys??
People BOUGHT those shares of LTNC.
Actually, any employee that is gainfully employed (part time, full time or temporarily) are considered in the calculations reported by governmental statistics. I will find the regulation and post it for your everyone to see.
This info is great for LTNC.
LTNC news feed issues were fixed by Warren with IHUB Admin.
A total of 27 news articles were marked with incorrect info. All should be fixed now.
The use of your wording "Most" is used on a broad basis. Here's a great example of that, "Most" of the posters on the LTNC board are extremely excited about the future for LTNC as well as its continued success and expansion in the marketplace.
Fortunately, this is not based on opinions (such as yours), but rather on facts and updates from the company.
The company I work for retains both part-time and full-time workers and they ARE recorded in the government numbers. We also use compaines like LTNC to support our hiring needs. $$$$
I agree with you 1000%. LTNC is in the right place at the right time. JMO
PS: note was sent to ADMIN to investigate the NEWS feed issues for LTNC on the quote screen and the other link provided earlier. Hopefully they'll get it fixed soon. Thanks for brining it to our attention.
Gotcha. Thanks for clarifying. It seems we have a couple of issues.
I will send a request to IHUB admin to investigate the (2) different feed issue with news links for LTNC
I will make sure the IBOX is updated with the most recent News links as well. Awaken has done a great job of updating and keeping the IBOX current.
LTNC - Of 953,000 Jobs Created In 2013, 77%, Or 731,000 Are Part-Time
Great article below supporting continued growth and increased revenues as well a REAL need for LTNC temporary workers.
http://www.zerohedge.com/news/2013-08-02/obamacare-full-frontal-953000-jobs-created-2013-77-or-731000-are-part-time
LTNC has a proven business model that is working perfectly. REVS are breaking records and so will the PPS soon enough.
Jimbo. Do you mean in the inbox or the headline page by I hub (noted below)?
http://ih.advfn.com/p.php?pid=news&btn=s_ok&ctl00%24sb3%24tbq1=Get+Quote&as_values_IH=&ctl00%24sb3%24stb1=Search+iHub&symbol=Ltnc&fulltext=&from_month=8&from_day=2&from_year=2013&order=desc&srcoptions%5B%5D=reg_news&srcoptions%5B%5D=nonreg_news&old_fulltext=&force=1&last_ts=1375487999&p_n=1&p_count=&p_ts=1375452481
Exactly. LTNC is destined for much bigger things including uplisting away from the OTC.
I disagree with you on you last comment below. It seems BUYERS added those LTNC shares as in the market there is ALWAYS a buyer and a seller. Hahaha
I agree Watchtower. The LTNC chart may see a bit of consolidation before it sets up for the next leg higher… MUCH HIGHER $$$$. IMO
LTNC – 2.7M YTD Surge in Temporary Employment
By Tami Luhby August 1, 2013: 12:49 PM ET
NEW YORK (CNNMoney)
More people are landing jobs these days, but they are often part-time or temp work.
The number of Americans finding part-time jobs has surged this year, with more than four times as many getting only part-time work as opposed to full-time jobs, according to Labor Department data. That's the opposite of what happened last year, when full-time hires far outstripped part-time ones.
At the same time, the ranks of temps has exploded: A record 2.7 million people held these positions in June, up from 2.5 million a year ago. It will be very interesting to see if this continued in July. The government will report the latest figures about the job market on Friday.
While companies have been beefing up their temporary and part-time payrolls in recent years, the trend has accelerated in 2013, with an especially large jump in part-time hiring in June.
There has been much speculation -- and some anecdotal evidence -- that employers are trying to keep their headcount down so they aren't subject to Obamacare rules. But economic uncertainty and a lack of consumer demand are still the predominant reasons why employers are shying away from hiring full-time workers, experts said.
Companies this year have had to deal with a payroll tax hike, sequestration, weak economic growth and continued partisan battles in Washington D.C. And then there's Obamacare, which will require employers with 50 or more full-time workers to provide health insurance or face penalties ... though that mandate has been delayed until 2015.
"Employers are even more reluctant than usual to commit to full-time employees," said Harry Holzer, public policy professor at Georgetown University. "They like the flexibility."
Some people want to work part-time or in a temp job because they enjoy the flexibility or are just looking to make some extra bucks. But for others, it's all they can find.
The share of people employed part-time because they can't get full-time jobs surged during the Great Recession. After stabilizing in the past few years, it has started to rise again in recent months. Now, 30.2% of part-time workers would rather work a full schedule. That's less than the peak of 33.8% hit in April 2010, but still far more than the average rate of 21% for the two decades before the recession.
Adding part-timers allows companies to get a little extra help, but keep wage costs down amid sluggish demand, said Sarah Watt, economist with Wells Fargo Securities.
The trend of hiring temporary workers, meanwhile, has broadened beyond the traditional fields of office workers and manufacturing, Watt said. Now, temp employees can be found in the engineering and information technology industries, for instance.
Take Millennium Technology Group, which sets up Internet services at conventions in hotels and resorts in Orlando, Fla.
Until two years ago, Millennium would shift full-time staff from other divisions to its conventions team when needed. But as its business expanded, the company realized it needed more workers but also wanted to keep costs down. So it turned to Kavaliro, a staffing agency, to provide temp workers. Millennium hired as many as 50 at a time to work a week at conventions.
"In our industry, I need to ramp up quickly and then demand fades quickly," said Tamara Flores, Millennium's IT director. Temps "allow us to be quite nimble."
At Kavaliro, clients are looking for software developers and engineers to work on temporary projects, said Mark Moore, the firm's president. Business owners are reluctant to hire full-time because they don't want to have lay off employees or reduce their hours if the workload slows in a few years. And, if they have close to 50 employees, they don't want to tip the scales and become subject to Obamacare.
Often, an increase in temporary or part-time workers signals an economic recovery, but experts aren't so sure this is the case today. If the trend continues, it will be yet another sign of a labor market that's unfriendly to most Americans, depriving them of both good earnings and job security, Holzer said. It may also slow the economic rebound since workers' wages will remain depressed or stagnant.
Bill Rodgers, chief economist at the Heldrich Center for Workforce Development at Rutgers University, said many people laid off during the Great Recession still can only find part-time or temporary positions. He is waiting to see whether full-time hiring will pick up substantially.
"We'll always have part-time workers, but the issue is will there be a permanence to it?" he said.
First Published: August 1, 2013: 10:30 AM ET
http://money.cnn.com/2013/08/01/news/economy/temp-jobs/index.html?iid=Lead
LTNC - It's rather comical that you keep stating there is one going on. I HAVE NOT found anything to back up what you state. I've searched several sites that track Promo's. So please, provide facts, links or documents for all of US shareholders to review the validity of your claims.
LTNC Reports Revenues of $1,586,351 for July 2013
Date : 08/01/2013 @ 8:25AM
Source : Marketwired
Labor Smart, Inc. Reports Revenues of $1,586,351 for the Month of July 2013
Labor SMART, Inc. (OTCQB: LTNC) (the "Company") is pleased to announce record revenues of $1,586,351 for the month of July 2013. This compares to revenues of $583,228 in July 2012, constituting a 172% increase in revenues over the same month prior year.
This represents the fifth consecutive month where the Company has exceeded over one million dollars in revenues for 2013. As of July 2013, year-to-date revenues have climbed from $3,477,268 to $8,127,662 in a prior year comparison. This represents an impressive 133% increase in revenues for first seven months of 2013. This increase is attributed to Labor SMART's dynamic growth through the addition of new branches over the last several months, additional clientele and the maturing of established branches.
Ryan Schadel, Labor SMART's CEO, stated, "We are extremely pleased to be reporting another record month for Labor SMART. We are happy to say that the implementation of our strategic growth plan and business model is now starting to pay off." He also stated, "This is a pivotal time as we are now starting to see increased revenues with better margins from the maturing of branch operations and a diversified customer base that has now surpassed 1,000 clients. We are optimistic that this trend will continue and anticipate more record producing months in 2013."
About Labor SMART, Inc.
Labor SMART, Inc. provides On-Demand temporary labor to a variety of industries. Our clients range from small businesses to fortune 100 companies. Labor SMART was founded to provide a reliable, dependable, and flexible resource for on-demand personnel to small and large businesses. Every day we provide manpower for jobs in construction, manufacturing, hospitality, events, restoration, warehousing, retail, disaster relief and more. As one of the fastest growing temporary labor providers, our goal is to become a nationwide resource and partner for our clients. We take pride in the belief that we can make a positive impact each and every day for the benefit of both our client and our temporary employees. Our mission is to be the provider of choice to our growing community of customers, with a service focused approach, that positions us as a resource and partner for their business.
Safe Harbor
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Labor SMART, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Labor SMART, Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in Labor SMART, Inc.'s filings with the Securities and Exchange Commission.
Public Relations and Shareholder Information
Joseph M. Vazquez
Phone: (678) 279-5810
Email: shareholderrelations@laborsmart.com
No doubt about that. We may see a little consolidation in the coming days to support new levels upward. Then it’ll be UP, UP, UP and AWAY from here on LTNC!!
Very few shares traded at .23 on LTNC. I was bidding a BOATLOAD of shares down there and got NONE!
Nope, because LTNC hit .35 today. Looking for more to come. I see LTNC reaching DOLLAR LAND in the very near future. MARK THIS POST!
Already did.. Never happened. If you have proof, post a link of facts about LTNC. Not opinions based on nothing.
Doubt it seriously… I was buying after that (like any smart buyer would) and my LTNC shares are nice and GREEN $$$$$...
Thinking we'll see .40's on bid by weeks end if this keeps up.
We may reach .40 on LTNC by weeks end at this rate.
You've got to be kidding right?? LTNC has NEVER traded in the teens. If if did, I would buy 250,000-500,000 shares with no problem.
Nope.. That being said, WE HAVE been saying LTNC will be moving higher in due time. I see that .40 break getting closer and closer each day.
Temporary Help Average Daily Employment (ADE) by Quarter
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Great supporting data by the American Staffing Assocation. LTNC is definitely in the right place and more importantly at the RIGHT TIME.
http://www.americanstaffing.net/statistics/employmentdata.cfm
LTNC - Hiring Data Shows More Temp and Contract Workers
Shannon Green
06/05/201
On any given day during the first quarter of 2013, on average there were 2.86 million temporary or contract workers in the United States, according to survey data released by the American Staffing Association.
The report includes data collected from a range of staffing sectors, including health care, legal, and administrative workers.
Staffing numbers rose 2.9 percent from the first quarter of 2012; the period marked 13 consecutive quarters of year-over-year staffing job growth. ASA statistics dating back to 1990 can be found here.
Staffing jobs declined by 148,000 workers from the fourth quarter of 2012 to the first quarter of this year--a seasonal employment pattern that, according to ASA, is typical.
In a statement, ASA President and CEO Richard Wahlquist said, “Temporary and contract employment is a good indicator of where the economy is today.”
According to ASA, most staffing firms expect to see slow but steady growth in the utilization of temporary and contract workers in the months ahead. No-strings-attached staffing relationships have found favor with employers in the post-recession era.
Jeff Silber, an analyst with BMO Capital Markets, recently told Bloomberg, “What’s different in the current economic expansion compared with past recoveries is that companies are reticent to hire even as their business is growing and they need more staff.”
Dan Fortunato, director of purchasing for construction and services at Ford Motor Company, told Bloomberg that the company had increased its temporary workforce by 11 percent in the past year. As Ford’s sales improve, Fortunato said, “Staffing companies allow us to be more nimble, especially with project-based, time-specific positions that require specialized expertise.”
http://m.law.com/module/alm/app/cc.do#!/article/1000738156
LTNC - The Rising Demand for Temporary Workers
June 06, 2013
From construction and light industrial to agriculture and administrative positions, hiring practices in Lakeland and Plant City's small and large businesses are changing. Businesses are increasingly turning to temporary staffing agencies to meet their human resource needs rather than recruiting and retaining full or part time staff themselves.
In fact, a recent article by Shannon Green of Law.com's Corporate Counsel reports that:
"On any given day during the first quarter of 2013, on average there were 2.86 million temporary or contract workers in the United States ... most staffing firms expect to see slow but steady growth in the utilization of temporary and contract workers in the months ahead. No-strings-attached staffing relationships have found favor with employers in the post-recession era,"
– Corporate Counsel, 6/5/13.
Although some may see this hiring trend as a statement on a failing economy, staffing experts point out that the economic advantages of temporary staffing have existed as long as the industry itself, and note that businesses are coming to appreciate the many advantages temporary staffing has to offer.
For example, in seasonal businesses in the Lakeland and Plant City area, hiring and recruiting consume money and other resources that may be best invested elsewhere. Ready access to a steady stream of qualified workers can be worth its weight in gold when time is of the essence.
Non seasonal businesses, likewise, may face unexpected increases in staffing needs that are project related. Though these businesses may require an influx of employees for a short period of time, once the project is complete, the need is no longer there. Financially, it is more prudent to hire temporary workers than it is to hire part or full time workers you may later be forced to lay off.
Credit: Staffing company website (KB)