Replies to post #19246 on Labor Smart Inc (LTNC)

[sobe4life]

Again, I ask.......

Just because a stock goes down does not make it a scam.

Please show us the evidence that would warrant anyone calling this company a scam.

Or...

Are we just making things up?????

I mean I don't see too many company with numbers like these being called a scam. Especially, since their numbers are audited:

-2011: $165,000 revenues (audited)

-2012: $7,100,000 revenues (audited)

-2013: $16,100,000 revenues (audited)

- YTD Revenue for the 11 months increased 52% to $22.5 million.

-2014: $25,000,000 revenues (PROJECTED) with the company showing $4 million in A/R, $1 million cash (PROJECTED) and positive EBITDA

-Growth from 0 to 30 branches in just three years

-Increased gross profit margins from 15% to 25% over the last 12 months

- Same branch revenue up 12.5% year-over-year

- Over 1400 customers

- EBITDA of $121,577

- Adjusted EBITDA of $344,731

Current outstanding shares approximately 60 million.

[Axel]

Wowsa. Is this a battle between posters going on here?

You can't argue it's due for a bounce if they let it breathe from dilution. And they surely will at some point after it crumbled to less than a fifth so quick