Labor Smart Inc (LTNC)

[sobe4life]

DD2Gain YOU ARE WRONG!!!

DD2Gain

^^^BTW, that's a naughty statement. Companies are being purchased at 1.5-2 x revenue. There aren't earnings in sight anywhere on the balance sheets.

Nothing naughty about my statement! Labor SMART is not in the business of turning around operations. Because the industry is highly fragmented, when they see an opportunity to purchase an existing profitable business from someone looking to sell or retire, they will take advantage of these opportunities. Every acquisition done by LTNC to date has been a profitable business showing income. DUH!

DD2Gain

6) We've got one former WTS district manager as the sole member of the executive "team".

WRONG!

Labor SMART currently has the previous COO of Labor Ready on their Advisory Board. He also acts as an advisor to the company.

They have 4 executive level management people who also held executive level management positions with Labor Ready.

They have 6 individuals at the management level who were ex Labor Ready management employees.

YOU SEE A LITTLE DUE DILIGENCE IS ALL IT TAKES IN ORDER TO PREVENT FALSE INFORMATION FROM BEING DISSEMINATED!