Replies to post #35971 on Labor Smart Inc (LTNC)

[tantalos60]

This CEO has Series 1 shares issued and unissued.
I do not know what their conversion
rate would be in relation to Labor Smarts
common shares. I have not seen a figure for that.
With all the unissued and unassigned share remaining, the agreements obtained
with his creditors, I do not see a buy up of open shares as any credible threat.
The 20 billion A/S is a bulwark against
a hostile takeover, and more so with his new negotiated terms to this "toxic debt".
Jmo.
Peace, j

[tantalos60]

As you said, there many issues that have not been addressed.
He probably addressed the topics he had the most answers to.
IMO, he will not turn any card until he has to.