Labor Smart Inc (LTNC)

[sobe4life]

Sorry but false and misleading information is a far cry from doing actual due diligence on a company.

Anyone doing actual due diligence on Labor SMART and looking at their financials will be able to decipher actual facts about the health and growth of the company, from the continuous fictitious statements about tis company being in operational trouble.

SOME FACTUAL HIGHLIGHTS:

-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 (PROJECTED) 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

- Over 1400 customers

- EBITDA of $121,577

- Adjusted EBITDA of $344,731

Outstanding shares as of November 4, 2014: 55.5 million.