Labor Smart Inc (LTNC)

[sobe4life]

Let's face it, there is a monumental difference between using monies to pay bills in order to stay alive and using monies to fuel growth.

cpw13154

Had too use payroll tax money to even keep it going as the well had run dry.

The truth is that if this comment were true, we would not have seen a 114% increase in branch operations so far in 2014. We also would not be seeing improved margins.

Labor SMART even came up with enough dough to become self-insured which should theorectically drop about $350,000 to the bottom line with the current revenue stream.

Sure, if this company were well established, had stopped growing and were not public, their financials would be a cause for concern. But that is not the case with Labor SMART. You must look at the whole picture in order to understand what the future holds for a company like LTNC.

There are many case studies on companies like Labor SMART showing similar growth patterns with much lower GPM's that were able to turn the corner of profitability and become success stories.

I think it's important that a stronger effort is made in doing proper due diligence, so that incomplete information regarding Labor SMART is not continuing to be put out there!