Wednesday, April 06, 2016 1:21:16 AM
Oh, the soap opera that is LTNC just took a wicked twist tonight! It's this sort of drama that I stick around for!
The way some people are going on and on about how "one-sided" the note is that you are suing over it would seem that not a single toxic note was understood that Ryan Schadel has used. ALL toxic notes are one-sided and the penalties for defaulting on them make the ridiculous original terms look tame. Even when paying them on time through conversions we have seen some notes approach 3x principal, so to be outraged that penalties would be DOUBLED in default is just silly!
To be honest, I don't know how wise it is to post on this sort of forum with pending litigation. I suppose if shares aren't owned in any way there may not be risk, but wouldn't there be a case for damaging the share price? I realize how ridiculous that is with a trip 5 stock, but the theoretical basis would seem to be there.
Anyway, assuming you are who you say you are I can't begin to express how ecstatic I am that Schadel is finally having to come to terms with his stupidity. I love it that "fraud" is now connected to his name even if it's just a pending lawsuit. I wonder if Schadel will use this development as an excuse to further delay the 10K... *gets popcorn*
The way some people are going on and on about how "one-sided" the note is that you are suing over it would seem that not a single toxic note was understood that Ryan Schadel has used. ALL toxic notes are one-sided and the penalties for defaulting on them make the ridiculous original terms look tame. Even when paying them on time through conversions we have seen some notes approach 3x principal, so to be outraged that penalties would be DOUBLED in default is just silly!
To be honest, I don't know how wise it is to post on this sort of forum with pending litigation. I suppose if shares aren't owned in any way there may not be risk, but wouldn't there be a case for damaging the share price? I realize how ridiculous that is with a trip 5 stock, but the theoretical basis would seem to be there.
Anyway, assuming you are who you say you are I can't begin to express how ecstatic I am that Schadel is finally having to come to terms with his stupidity. I love it that "fraud" is now connected to his name even if it's just a pending lawsuit. I wonder if Schadel will use this development as an excuse to further delay the 10K... *gets popcorn*
Recent LTNC News
- Kultura Brands, Inc. (OTCID:LTNC) Reports Strong Early Sell-Through in Georgia and Expands into Northeast with Massachusetts Launch • ACCESS Newswire • 04/07/2026 03:00:00 PM
- Kultura Brands Reports Significant Revenue Growth and Operational Milestones in 2025 CEO Letter • ACCESS Newswire • 03/30/2026 12:30:00 PM
- Kultura Brands (OTCID:LTNC) Redefines LOCK'DIN as Elite Performance Fuel Platform with Q2 Relaunch, Athlete-Led Expansion, and Global Growth Strategy • ACCESS Newswire • 03/27/2026 12:30:00 PM
- Kultura Brands (OTC:LTNC) Accelerates National Momentum With Cencora Marketplace Spring & Summer Growth Acceleration Program • ACCESS Newswire • 03/24/2026 12:15:00 PM
- Kultura Brands (OTC LTNC) Secures Multi Event Festival Partnership for Adios Spirits, Anchoring New Mexico Launch With RNDC and Activating Across Arizona Markets • ACCESS Newswire • 03/20/2026 02:05:00 PM
- Kultura Brands, Inc. (OTCID:LTNC) Establishes Brokerage Account to Support Approved Investment Activities and Potential Share Repurchases • ACCESS Newswire • 03/03/2026 01:30:00 PM
- Global Title Fight: Brandon Figueroa Takes the World Stage This Saturday Live on DAZN, Representing Kultura Brands' Adios(R), Thirst Responder(R) and LOCK'DIN(R) • ACCESS Newswire • 02/03/2026 05:35:00 AM
- Kultura Brands Launches Thirst Responder(TM) Hydrogen Water, Activates Direct-to-Consumer Sales and Advances National Commercial Rollout • ACCESS Newswire • 01/29/2026 01:15:00 PM
- Kultura Brands Exceeds Original 5.0 Billion Share Retirement Goal, Significantly Reduces Preferred H Overhang • ACCESS Newswire • 12/23/2025 03:50:00 PM
- Kultura Brands (formerly known as Labor Smart Inc., LTNC) Announces Strategic Portfolio Alignment to Enhance Execution and Focus on Core Growth Initiatives • ACCESS Newswire • 12/16/2025 06:35:00 PM
- Kultura Brands Appoints Brent Albin as President of Its Developing Subsidiary, Kultura Holdings • ACCESS Newswire • 12/03/2025 05:05:00 PM
- Kultura Brands Announces Direct-To-Consumer Launch of Adios Spirits, Marking A New Phase of National Expansion • ACCESS Newswire • 11/26/2025 07:00:00 AM
- Kultura Brands (OTC:LTNC) Announces Official Launch Elevate Health & Wellness Gummies • ACCESS Newswire • 11/17/2025 01:30:00 PM
- Labor Smart, Inc. (Kultura Brands) Retires 2.545 Billion Common Shares; Continues Progress Toward Full Preferred H Conversion and Clean Cap Table • ACCESS Newswire • 11/06/2025 01:30:00 PM
- Labor Smart, Inc. (Kultura Brands) Retires 740 Million Common Shares; Confirms Ongoing Cleanup and Additional Retirements Ahead • ACCESS Newswire • 10/31/2025 12:30:00 PM
- Labor Smart, Inc. (doing business as Kultura Brands, Inc.) Retires 500 million Common Shares; Confirms 5 billion Share Retirement Initiative Underway • ACCESS Newswire • 10/24/2025 12:30:00 PM
- Labor Smart Inc. Announces Corporate Name Change to Kultura Brands Inc. • ACCESS Newswire • 10/21/2025 12:30:00 PM
- Labor Smart, Inc. (OTC: LTNC) Powers Adios Spirits With Netflix Broadcaster Ernesto Amador to Target the Exploding RTD Market • ACCESS Newswire • 09/22/2025 12:30:00 PM
