Labor Smart Inc (LTNC)

[sobe4life]

IS THAT A FACT????

CPW13154

When the company talked about there revenue did they try and brush over the fact that over half (17) of there places did a combined total of $400,000 for October. Thats total folks.

First of all, I just bet there are a boat load of investors sunk in a stock trading at a penny that WISHES the company they invested in was doing $400,000 a year (total) in revenues!

But as it relates to LTNC, I think it's important TO NOT PURPOSELY LEAVE OUT that of these 17 branches, 15 are brand new and have been opened for only a few months.

A better gauge is to look at their already existing 14 branches that have been opened for more than a year. They have had time to generate a client base and consistent revenue streams.

Labor SMART is actually projected to generate $40 million in revenues from these same 30 branches in 2015 without any additional growth.

NOT TOO SHABBY!