Labor Smart Inc (LTNC)

[DD2Gain]

Schadel is using company funds to buy personal stock. The $220,000 bonus he gave himself in Q3 before buying up .0001/.0002 shares is abundant evidence of that. Schadel does not have skin in the game. That's something you schooled me on many moons ago. If he were ever serious about any kind of buyback he would have used the funds to initiate a genuine company stock buyback. Instead, he buys stock to add to his personal asset portfolio that he has, no doubt, leveraged for additional loans. That McLaren he got in December is yet more evidence of his self-serving, irresponsible behavior, but I'm sure he justified it in his sophomoric view of "you gotta' look successful to be successful". Once again, the stock is at trip 6 for all manner of good reasons.