Replies to post #30033 on Labor Smart Inc (LTNC)

[cpw13154]

Multi penny. LOL Please oh please explain the fundamentals which will make it a multi-penny. Is it that they have had to go from 32 branches to 19? Or perhaps its the revenue for 30 branches couldn't even equal those of 15 branches.Oh I know its the 7 or so million in debt. Wait I bet its the LIEN on it by the IRS for well over a million bucks. But I guess I would be excited that he is still able to secure funds by borrowing. Of course its just a little steep terms if you consider 59% and you have to make payments daily! LOL