Labor Smart Inc (LTNC)

[DD2Gain]

You are correct on only one thing

I should have called Schadel out on the conference call. Shame on me for spending time with my family between my international work schedule instead of listening to Schadel drone on about his shallow plans. I should have pinned him on why the 2013 10K did not disclose payroll tax delinquency, why the 2014 1Q did not disclose the amount owed to the IRS and did not disclose the IRS liens placed on January 29th, and why the 2014 2Q continues to not disclose the full terms of the IRS installment arrangement.

Yet, that does not change the fact that these disclosures have been absent. The reports are available for everyone to review. I would say prove me wrong, but that won't...CAN'T happen.

Nor does it change the fact that Schadel was convicted of armed robbery when he was 18, yet the S1 is suspiciously inconsistent in wording on the criminal history of officers and board members.

Now, ONCE AGAIN, full disclosure and meeting the minimum SEC requirements are not synonymous. Plenty of under-handed if not fraudulent activity has been buried in loopholes and creative applications of rules throughout the history of the stock market.

As for what Schadel told me in an email, believe it or don't. Makes no difference to me. I submitted an SEC complaint on the matter and intend to submit another one with more information.