Replies to post #17524 on Labor Smart Inc (LTNC)

[DD2Gain]

Do your DD. The OS was 39 million no more than 2 weeks ago, so 12% is actually 5 million shares (which should be rounded up to 13%, but whatever).

[sobe4life]

You are absolutely correct.....

Be careful of the select few that will tell you that public start-up companies should not be selling stock in order to raise capital.

They will also lead you to believe that start-ups that incur debt and liabilities is a sure sign of failure. That even with triple digit growth, increasing gross profit margins and a positive EBITDA doesn't mean anything if the company can't show net income within its first 3 years of operation.