Labor Smart Inc (LTNC)

[DD2Gain]

lol...Investors who actually study this stock are aware that last year's total convertible debt through Q3 was about $1 million. The 50% that converted could have been at .10 and caused only another 5 million shares to be dumped. You know, like when the OS Moved from 22 million to 27 million. Now, we have about $1 million converted this year with converters wondering how the hell they are going to convert nearly $2 million more with so little interest. Those notes convert at 60-70% market value. Considering how little volume it takes to cause this stock to plummet it's obvious that sub penny is where this is headed. Add to that the 99.99% likelihood that Schadel will continue to be a bonehead and acquire more toxic debt to fuel branch expansion for more BS PRs about how revenue is growing and we can easily see 1 billion AS at some point in the second half of next year.

I expect a 500,000,000 AS and 300,000,000 OS by 2015Q1 with another $3 million in toxic debt added. At that rate this company is headed straight for an RS in 2016...just in time for foolishly stubborn longs to realize they lost everything.