Labor Smart Inc (LTNC)

[GreenHarvest]

If that's the case, it could be a way of performing a pseudo-buyback by getting around the buyback volume and time limitations especially at a time where there was almost no volume, and absorbing huge amounts of shares in a much shorter time than a buyback, without announcing a buyback which could've raised the PPS, and at the same time benefiting on the personal level.

What if his purpose was using that money to lower the shares without an RS? He would be limited to buying back very little shares because the daily volume was very little and the regulations limit him to a percentage of the volume. How long it would takr him to buyback 2.69 billion shares with that manner? He'd probably be still trying to finish the first billion. Remember that outof these shares, he canceled 706 million already. Think about it as he got that money because it has a better use via him personally than via the company. He gave the money a leverage by doing that move. Brilliant, right?

This indicates many things:
- Ryan does not want to do an RS, he went through all that trouble to avoid it while it was very easy to do.

- He can think outside the box and find unusual solutions.

- He cares about his reputation and the shareholders and could be trusted that he's doing his best for the benefit of the company and the shareholders.

- That move has another benefit that it made him the biggest shareholder so he has personal interest in succeeding the company and a lot to worry about like any other shareholder. It serves as a reassurance to the shareholders.

Whether he did it on purpose or not, the results remain the same. What could be a better use for that money than this? It's one of the many great things in LTNC.