Wednesday, October 08, 2014 9:19:59 PM
My facts regarding LTNC are meaningful NOT meaningless.
*Company has gone from 14 to 32 branches in 2014
By going delinquent on over $1million in payroll taxes and accumulating over $2.5 million in convertible notes.
[b]Hmmm.... What to think about a company that reinvests every penny that they have in order to fuel their growth?
Factually, the past IRS issue is just that THE PAST. The growth in 2014 has zero to do with any previous IRS obligations.
Here's my question, has LTNC accumulated notes or raised capital in the amount of $2.5 million dollars? Is the glass half full or half empty?
That $2.5 million is what helped the company develop a very large regional footprint in the U.S. while showing great promise for continued growth, revenue stream and eventual net income, in both the short and long term. DUH!
Any start-up company trading with a limited operating history trading on the OTC market will succumb to the same method of raising capital. IT IS THE ONLY OPTION AVAILABLE in today's OTC market. That is, unless you're willing to sell off 80% of your company for a few million dollars knowing that you will be delivering a $100 million dollar revenue generating machine in the next 3-4 years.
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