Labor Smart Inc (LTNC)

[megagnome]

What's going on here is that Schadel plans a massive RS, which he has already stated previously, so he shirked his responsibility to the shareholders and diverted money away from the company to buy up some of the float to simulate interest in repairing the share structure. The problem is that if he decides to RS, he isn't out a dime because of where the funds to purchase the stock came from in the first place. If he had paid for the stock with his own money, I may feel inclined to see it as a positive, but him being who he is, would never allow that to happen.