Labor Smart Inc (LTNC)

[DD2Gain]

Now THAT's a joke!

Debt has done nothing but go down here.

The CEO himself has stated that total toxic obligations equal over $3.5 million. When has he owed that much before? lol

But, to top it off, the debt is so bad (and so late) that he went and got a $175,000 loan at 59% interest from a lender that demanded daily installments starting IMMEDIATELY!

DAILY INSTALLMENTS on a loan that charges straight interest- NOT annual.

AND THEN, payroll taxes payable have nearly doubled to over $2 million!

Instead of oohing and aahing over every promo word the CEO spews, it would be wise to take a crack at trying to understand the financial reports.