Labor Smart Inc (LTNC)

[philipt631]

"In a Year-Over-Year (YOY) comparison, the Company recorded revenues of $16,558,149 for 2013 vs. $7,175,846 in 2012, reflecting a significant 130.7% revenue increase over the preceding 12 month period."

You also don't increase revenue that much by opening locations and waiting for clients to knock on your door. You have to go out and get the buisness.

I don't care if they open 0 to 15 locations from 2012 to 2013...you increase revenue by selling your services, taking that buisness away from competitors and providing the services they require.

Service provided today lead to repeat customers as the years go on as well as referrals.

When that happens what happens? Increase in revenue.

They call that Buisness 101....get the buisness, provide great service and repeat the tread.

Word gets around and what happens? More buisness. Clients call and request temp workers for work going on in XXX city? That funds opening a new office in new markets! Repeat buisness move into new cities and who gets the call? Labor Smart...

The locomotive is just getting started here and it isn't going to stop.

Long on LTNC