Labor Smart Inc (LTNC)

[sobe4life]

YOU ARE WRONG...

The fundamentals do not show any of these things!

The ones that show huge losses quarter after quarter?

Actually, the losses have been getting smaller as the revenues have been increasing. Additionally, the gross profit margins, EBITDA and assets have all been increasing as well.

Or perhaps the the increase revenues for same store has dried up.

Last press release showed that same store revenues had increased by almost 26% for the month of September and have been on the plus side every single month this year.

That 15 venues are not coming close to what we saw with the first few.

If this were the case then the company would not have recently surpassed $18 million in revenues with a target of $25 million in 2014. The company only did $16.1 million in 2013 and we have already surpassed that with 3 more months to go.

How about not paying the IRS so you can use those monies elsewhere.

Again, very old news regarding a situation that has already been resolved. Fact is, LTNC is now considered by the IRS to be current with all their tax obligations and under their agreement with the IRS cannot fall behind on a going forward basis.