Replies to post #34170 on Labor Smart Inc (LTNC)

[DD2Gain]

***Ryan Schadel has some MAJOR explaining to do...

Thank you for posting the full transcript, BTW. Now I have the exact wording I need for follow-up with the SEC.

Well, unbeknownst to Command Center, we'd already had some forbearance agreements in place to all the note holder before they purchased this note. And so, there's no note holder out there even at that moment in time that could have defaulted us. We legally nipped that in the bud the minute we got wind that they were trying to buy the note.

That's very interesting considering the last information publicly released on the status of the notes was the 2015 3Q 10Q, signed November 16th. In that report, there is note after note about how each note has "passed its maturity date and the Company has not received a notice of default", but no mention of any "forbearance agreements" reached to prevent conversion or that no note holder "even at that moment in time" could have defaulted. And since by Schadel's own admission that was accomplished BEFORE Command Center purchased the note way back in May...well...I don't think it needs to be explained any further with billions of shares purchased by the CEO (starting November 20th) right before releasing that information to the public.

Again, thank you!