Labor Smart Inc (LTNC)

[sobe4life]

HOW ABOUT THIS.....

DD2Gain

What happens first, default on the IRS agreement or litigation for failure to compensate employees?

NO CHANCE IN HELL OF EITHER THINGS HAPPENING!!!

WE OBVIOUSLY FORGOT A FEW THINGS:

-2011: $165,000 revenues (audited)
-2012: $7,100,000 revenues (audited)
-2013: $16,100,000 revenues (audited)

- Revenue for the nine months ended September 26, 2014 increased 52% to $18.1 million as compared to $11.9 million for the nine months ended September 30, 2013.

-2014: $25,000,000 revenues (PROJECTED) with the company showing $4 million in A/R, $1.5 million cash and positive EBITDA

-Growth from 2 to 30 branches in just three years

As of 11 November 2014:

-Increased gross profit margins from 15% to 25% over the last 12 months
-Revenues up 28% to $6.8 million vs. $5.3 million a year ago
- Same branch revenue up 12.5% year-over-year
- Added 315 new customers
- EBITDA of $121,577
- Adjusted EBITDA of $344,731