Labor Smart Inc (LTNC)

[sobe4life]

***CPW13154 YOU ARE WRONG!***

LOL Lets see he loses millions every quarter!

If we knew how to actually read a financial statement we would see four things:

1). Labor SMART DOES NOT lose millions of dollars every quarter

2). The losses are non-cash write-off's and paper losses

3). We know that these losses are paper losses because the company currently is running with a positive earnings before interest, taxes, depreciation and amortization (EBITDA).

4). On a percentage of losses to revenues, the percentages are getting smaller and smaller

And we all know a brilliant CEO makes sure makes so the IRS puts a lien on the company for neglecting to pay his payroll taxes again.

1). There has never been an "again" only the one quarter they fell behind.

2). The lien was part of the Agreemenet they have with the IRS and DOES NOT hold a first position.

3). As part of the Agreement, LTNC must continue to be current on all their tax obligations, which they are. On a going forward basis, we actually have a sense of security in knowing this.

4). Because of the Agreement, the company now enjoys a current status for all their IRS tax obligations.

These are the actual facts!