Labor Smart Inc (LTNC)

[megagnome]

Of course this is going to RS. There are 7B shares out there. A company which hasn't made a profit in 4 yrs, but has lost 11M, doesn't have a hope of coming out of the doldrums with 7B shares outstanding. It doesn't matter one iota that he bought shares, what would he care if a RS happened. He didn't buy the shares with his own money, he took money from the company, and by extension the employees, the IRS and shareholders, to pay for the stock. So that means he is at zero loss if the stock reverse splits.