Labor Smart Inc (LTNC)

[sobe4life]

*****CPW13154 YOU ARE WRONG******

It's not as though this subject hasn't been addressed a million times by now. So we should really wonder what the intent is when we go out of our way to purposely disseminate information that we know is wrong.

The millions in losses are not monetary losses, they are paper losses and interest write-off expenses. Really, all we have to do is read their financials filings in order to see this. Also, proof positive, if this company were actually losing "millions of actual dollars" then they would not be EBITDA (Earnings before Interest, Taxes and Amortization) positive!

There is no tax lien for $1.6 million dollars. This is a completely fabricated amount that cannot be proven with substantiated facts. The company has an Agreement in place with the IRS to repay the one quarter they were behind in payroll taxes. The lien was part of the Agreement, does not take a first position and amounts to the quarter they were behind which is substantially less than this fictitious $1.6 million dollar amount.

A good quality education and the truth can go a long way!