Labor Smart Inc (LTNC)

[DD2Gain]

Revs have decreased substantially when averaged per branch. In fact, in the first two quarters of 2015 there were 30 branches that produced LESS revenue than 15 produced in the same quarters of 2014. People have been ooh-ing and ahh-ing over branch sales, but even if (especially if) unprofitable branches have been sold we have already seen that the debt and liabilities are not going with them, which leaves fewer branches to cover what more branches couldn't to begin with. LTNC is as much of a standard pinky downward spiral of its stock as it is a downward spiral of fundamentals.