Labor Smart Inc (LTNC)

[jmurfk]

You keep talking about December revenue, and how they should have had extra revenue with the holidays. What you apparently fail to realize is this is a blue collar staffing agency. Something logical to consider is Christmas and New Years Eve fell during the week this year. I don't think you can claim that you see a lot of construction / manual labor workers at the job site around/on the holidays. Also, labor workers normally work 5 days a week, sometimes 6. So, on average 6 day week, Labor Smart averages 65K a day. With December, take away several weekdays worth of revenue due to the holidays.

Common sense says, December should have been well under other months, as would November with Thanksgiving, and January with New Years Day.

July - 1.586 mil
August - 2.1 mil
September - 1.649 mil
October - 1.642 mil
November - 1.697 mil
December - 1.332 mil
January - 1,877 mil