Replies to post #19323 on Labor Smart Inc (LTNC)

[sobe4life]

NO I THINK I'LL BE THE ONE TO FINISH!!!

YOU ARE WRONG MONEYMADE!!!

Possibly we may want to go to school and learn the difference between shares outstanding and shares authorized because a company's share structure does not include their shares authorized!

SCAM??? SERIOUSLY????

Let me guess... When the price of a stock goes down it must be a scam????

What kind of due diligence goes into a theory like that?

Please give us the analysis that shows that this company with its 3 years of audited operations and 30 branches in over a dozen states is a scam.

Feel free to dissect the information below so this "scam" theory can be proven:

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.

[1337trades]

I don't think anyone that does any DD could come to the conclusion that this co is a scam. Hate the CEO, hate the co, hate everything about them but it's absolutely false to say this co is a scam. Just rediculous.