Replies to post #24065 on Labor Smart Inc (LTNC)

[cpw13154]

As for the 8k although there have been some he has only put out 1 8k on the O/S count. The fact that he put out one tells me not doing the once a week as promised tells me he has just given up on keeping his word. As for the revenue figures those were allowed to be put out and had then been good would have been.SO where is the 10k we talk about? All I have seen is the note that again it will be late! If he can post on FB about the goings on then there is no reason he cannot put out revenue figures.

[DD2Gain]

Ryan Schadel failed to pay over $1 million in payroll taxes in 2013, but didn't report that until May of 2014 with the release of the 2014 1Q. Not disclosing negative material information in a timely manner is a key strategy of this CEO. As for the business continuing, he has no choice in order to keep up with the installment agreement with the IRS. The business is on it's way to Chapter 11 bankruptcy and complete delisting, but it will likely continue privately until it completely falls apart or the CEO pulls his head out of his rectum.