Replies to post #77693 on Labor Smart Inc (LTNC)

[gh0st]

he's just tweeted he's sent what he needs to at otcmarkets to be able to upload filings to go current. seems like it is a top priority now and is coming imminently.

[Colonel_mustard]

Do you KNOW what the number of OS (outstanding shares) is? Here is one source that says your number is off by 3 billion shares:

https://www.barchart.com/stocks/quotes/LTNC/profile

ASSUMING for a minute that your 8 billion number is correct, do you know how many of those shares might be in the hands of the CEO? And if they are in his hands, do you understand that he can keep them out of circulation for as long as he wishes to? (If you know how many shares are in his hands, please show evidence.)

The AS (authorized shares) figure does not mean jacks---. Those are authorized shares. Companies dip into them only if they have to, to retain company ownership when under assault, for example.

As to your "under average" comment...as compared to what? Before LTNC got taken down by toxic convertible debt and dilution, they were a small company but growing like gangbusters. Don't believe me? See this link, which provides a lot more evidence than what you provided: http://bit.ly/2OqaPOH

I've said this before and I'll say it again because I lived through it: LTNC got fleeced by convertible debt and shorts, some 5 years or so ago. But Ryan stayed in the fight, took his licks, admitted to his mistakes, has learned from them, and in my opinion, is about to embark on an epic territory. The man knows how to bring business through the front door. The company's superb growth from 2013-2015 demonstrated that.

"Scrambling at best"? No sir. He's in the ring, got snot on his nose and he's throwing punches, fighting off the trolls and the namby-pamby critics out there. That's a lot more than I can say for most of us.

[musicman 1]

Did you just say a staffing business like theirs is not a profitable business?.....OMG...LOL....I personally know of a very small local staffing agency in south La. ....and both owners are extremely rich. That's in just one small town in La. This company has offices all over the southern US and growing daily. You your self said you were in a staffing agency for 20 years, yet its not a profitable?....lol.....I know you wish you could take that back right now, but guess what......you can't. LTNC will not only not let it's share holders down, but this company will continue to expand and profit. I've only said this about one person in the OTC market in my life, but I said the same thing about George Sharp knowing his credentials before TSN.....but after looking at his shareholder conference from 2019, Ryan Schadel was intelligent, honest, professional and is very connected to his shareholders and does everything he says he'll do.
And he's who he is because of his experience of being a trader just like you & I and has had all the same thoughts, stresses, high's & lows that we all have about certain stock. That and the fact that he's done everything I'd do if I were a CEO/President putting out his company on the OTC market.
I have a large stake in this company's shares. I don't that unless I think very highly of the company, but more important, if the CEO earns my respect....as he has....then I'm willing to take a chance I normally would never. I'm a day trader......that should tell you enough. Sometimes I'll swing trade, but with LTNC.....I'm going long. (That's funny....I've only said that on one other stock....)