Replies to post #64320 on Labor Smart Inc (LTNC)

[DD2Gain]

What's dumb is a CEO diluting a stock to no bid twice and that his actions would ever be defended.

[ScottAllen]

Exactly and to buy as many shares as he has.

[I-Glow]

The facts are Schadel increased the A/S from 1 Billion to 7 Billion.

Here is what happened - Shady increased the A/S from 1 Billion to 20 Billion - then decreased it to 8 Billion like he was doing shareholders a favor - then he "retired" 1 Billion shares.

Keep in mind Schadel hasn't filed a Amendment to the Articles of Incorporation - the A/S in Nevada is still 8 Billion shares.

During that time - Schadel jumped the shark with the idiotic stock cert burning - pure amatuer hour.

Makes no sense to retire 1billion and then split. That just sounds dumb.

IG