Friday, November 21, 2014 11:50:08 PM
Bankruptcy? REALLY?????????
When I look at Labor SMART's operation I see a company who has consistently shown triple digit growth since its inception in 2011.
Additionally, the company has achieved the following:
*Growth from 2 to 30 branches in three short years
*Consistent string of year over year same store record revenues.
*Projected $25 million in revenues for 2014 and $40 million in same store operations without any additional growth
*Increased gross profit margins from 15% to 25% over the last 12 months
*Positive EBITDA (Earnings Before Interest, Tax, Depreciation and Amortization)
*Approximately $4 million in quality accounts receivables
*Approximately $1.5 million cash
HAHAHA...... Bankruptcy???
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