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Re: Planopenny post# 8391

Wednesday, 06/22/2011 1:10:24 PM

Wednesday, June 22, 2011 1:10:24 PM

Post# of 28886
STTN Growing...Mr. Bonar stated “with the Equity Investment Agreement in place, we will not only be growing our business organically, but through acquiring strategic business’ that will take our company to the next level.”

Net revenue for Smart-Tek Automated Services, Inc., for the months of April and May 2011 is approximately $3,418,000, which represents a 21% increase over the net revenue for the first two months of the March 2011 quarter. We anticipate net revenues to continue growing organically throughout the year.

Why would La Jolla a institutional investor put this phrase in the financial aggreement? "shall receive the right to purchase 10,000 shares of Smart-Tek at $1 per share, expiring 5 years after the issuance date."

If La Jolla can see the future of STTN at $1.00; I will be practicing patience here. Go STTN