Labor Smart Inc (LTNC)

[NJHowie]

CEO owns 35M shares? Big deal

How much of his own money did he spend purchasing them?

How is this the best pick on OTCBB? It's lost more percentagewise than probably any other listed/trading OTCBB stock in the past 12 months.

The other way you don't recover is if more shares are issued, devaluing the shares you own. What you hold today, which is worth significantly less than when you purchased, can be devalued another 90% by issuing 6 billion shares. And guess what? There's a good chance it will happen. If there are another 6 billion shares outstanding, do you think the shares will trade higher than where they are today? Even that the shares stay at the current price, valuing it at 10 times more than it does today? Of course not - shares will be lower.

Just remember - tomorrow is 8K Wednesday.