Labor Smart Inc (LTNC)

[sobe4life]

ONE PLUS ONE WILL NEVER = 3

CPW13154

Excuse me but I think I can read and what I read is disturbing news about this failing company. Lets do the math shall we!!! They did 1.6 million! The have on there facebook page that Nashville was doing $100,000 a week so 4 x $100,000 would be $400,000!!!

That is NOT TRUE! No where on there Facebook page do they state they are producing $100,000 a week out of that office. However, there is a picture of two trophy's awarded to that branch for having record weeks of $100,000 in the first and second week of October.

Personally, I've never seen someone use a branches record week to extrapolate what they should be doing for the rest of the year, much less, use that insane theory to determine how other branches compare.

cpw13154

First of all I was being told that it was only one week and now I see we agree that it is for two weeks. And again if you look these are two weeks in NOVEMBER not october as you are stating so please correct yourself when calling me out.

DUH!!! The picture of the two awards CLEARLY state the month of OCTOBER! DUH!

Again, Labor SMART is in the temporary labor sector. Due diligence into the industry shows that this is a very cyclical industry with their slowest quarter falling in the 4th quarter.

That by all means should not detract the record year they are currently having and will show by year end 2014.

No matter how we want to spin this great press release into a negative, the fact that they are already up $6.4 million by showing $22.5 million revenues so far over the $16.1 million they did for all of last year leaves very little room for negative spin.

Nice try!