Labor Smart Inc (LTNC)

[DD2Gain]

Only an amateur investor focuses on revenue.

The company is losing millions of dollars every year, has lost 40% of it's initial branch expansions/acquisitions (32 total down to 19 or 20 depending on how you read the website), owes $2 million to the IRS, owes $3 million in late toxic notes, owes various other loans, has recently spent hundreds of thousands of dollars on outside ventures, and the CEO has not laid out any kind of feasible plan to recover. It's really ugly at LTNC.