Replies to post #33064 on Labor Smart Inc (LTNC)

[cpw13154]

Really would love to know how anyone could call this a great company. Is it great because they have managed to lose 11 MILLION DOLLARS, 2 of which this year alone. Or is it great because because he has managed to get 3 million in toxic debt and well over another 1 million in a lien with the IRS for onece again not paying his payroll taxes. Is it great because despite twice the number of branches their revenues for the 1st quarter were less than the revnue for half the branches last year. And remember last years revenues were also way off. Maybe its the only way he could even borrow another $175,000 was to pay 59% yes 59% interest and agree to make daily payments. There is tons more to show how poorly run a company this has been. Just open the financials its full of CEO blunders. But bless his heart the idiot was dumb enough to award himself a $220,000 bonus with the company desperate for money LOL