Replies to post #21089 on Labor Smart Inc (LTNC)

[NJHowie]

We shall see

Ryan has to convince the note holders to accept preferred equity of some sort in exchange. The question is will they, and why should they?

The implication is that at this time, he does not have a way to pay the balance of what is owed on the notes.

As far as the risk factors, they are all still valid and not resolved as the latest 10Q has referenced them indicating they are unchanged.