Replies to post #17119 on Labor Smart Inc (LTNC)

[DD2Gain]

AAAAAAND again, another embarrassing situation!

All this bluster about DD yet

Sobe4life says

Maybe a lack of real due diligence has us confused into thinking that the IRS placed a lien on the company before they signed an Agreement? Well, SURPRISE!!!, the lien was placed as a condition of the Agreement. Talking about something in the past as if it were a present issue only shows the attempts to overshadow the current positives of this company with old negatives.

Hmmm...the IRS liens (in the various states of operation) were placed on January 29, 2014 for the $1 million in delinquent payroll taxes.

https://www.myfloridacounty.com/ori/search.do
(HINT: Do a business search for "Labor Smart" in the link)


So...yes, by the way calendars are used all over the world the lien was placed BEFORE the agreement. A monumental "DUH" for that one since it is yet another simple fact printed plain as day in the 10Q.

On March 17, 2014, the Internal Revenue Service agreed not to take collection action against the Company for payroll tax liabilities as long the Company remains current and makes monthly installments against outstanding liabilities (“Installment Agreement”).

[Tmyz]

I'm with you sobe. Long smart