Labor Smart Inc (LTNC)

[DD2Gain]

I get my info from multiple sources. I see Note 8 of the 10Q and proceeds from convertible notes payable on page 5. I am not deeply versed on what every line of the 10Q mean, but I believe "current liabilities" includes forecast interest for the year, which is why it is over $1.2 million on total proceeds. Feel free to correct me if I'm wrong.

As for PRs showing reduction of convertible debt since the last Q:

Almost $250,000 paid off here eliminating 2 notes:
ih.advfn.com/p.php?pid=nmona&article=59781798

$164,000 paid off here eliminating 2 notes:
http://ih.advfn.com/p.php?pid=nmona&article=60112026

$106,000 here eliminating 1 note:
http://ih.advfn.com/p.php?pid=nmona&article=60531063

Then there's partial amortization and stock conversion outlined in Note 8.

$LTNC