Replies to post #56543 on Labor Smart Inc (LTNC)

[MoneyForNuthin]

Do I hear crickets?

If he ever does, he will get paid. CEO was clear about that. Just need to follow certain rules (imposed by US Government CFR - not Labor Smart). But there are other motives from this public figure who chooses to subject himself to possible legal problems by even making a presence here on this board... not to mention character attacks or personal attacks that will not violate TOS due to public figure status.

CLEARLY - his motivation is NOT to resolve anything, thus refusal to a) provide the required info for AI status verification, or b) walk away, try to get his money back from Tailwind.

[stevenmaese]

You asked: So why can't you get a qualified third party to attest to the accreditation as required by the SEC?

That's an excellent question.

First, let me dispute your premise. The SEC does not require a third party to attest to accredited investor status. Labor Smart never asked Prometheus for certification from a third party. Labor Smart asked Prometheus to fill out an accredited investor questionnaire and then when asked, never provided a questionnaire that would have met Labor Smart's standards.

But to answer your question, Prometheus can, and has, received third-party certification as an accredited investor.

But Schadel doesn't actually want that. He wanted Prometheus to fill out a questionnaire. Schadel doesn't actually care about Prometheus's status. I believe he tried to delay.