I wonder how TCA will react to the news that on Decemebr 31st, TSGL sold all assets and liabilities to the outgoing CEO. I also wonder how they'll receive the news that Kimberly Thompson is also COO of Labor Smart. in fact, she is so confused at her dual status that she signed the December 31st 8k as CEO of Labor Smart.
Then, there's the itty bitty fact that LTNC had controlling interest in TSGL up until the loan was signed and the Series A Preferred stock was transferred to Thompson. Surely, that would have NOTHING to do with the fact that the new $3 million toxic loan is paying for a minority interest in LTNC branches as well as direct payments to delinquent LTNC debt with toxic note holders and the IRS...surely.
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