Labor Smart Inc (LTNC)

[DD2Gain]

Maybe "option of the holder" means something to you?

Try reading the terms of the note before going off on legalities. The only thing LTNC had an option to was prepayment, but that is long gone and the note matured (that means due) January 1st. Conversion is at the option of the holder and CCNI has no desire for that option as stated in their filing.

And if were actually going to talk about AS covering the notes there is this little matter of $4.4 million converting at 60% and less of market price. That's .00006 of .0001 requiring 55 BILLION shares to fully convert.

Schadel is skeerewed.