Replies to post #77703 on Labor Smart Inc (LTNC)

[TheFinalCD]

$LTNC Not sure i can get all that in 1 tweet. Here's the short version. 2011 startup. 2014 $25 million revenue/yr. Growing crazy fast. Raised capital. It became toxic. Short stock/convert debt = death spiral stock. Sold branches to buy back stock and remaining debt.

Not sure i can get all that in 1 tweet. Here's the short version. 2011 startup. 2014 $25 million revenue/yr. Growing crazy fast. Raised capital. It became toxic. Short stock/convert debt = death spiral stock. Sold branches to buy back stock and remaining debt.

— Ryan Schadel - CEO of $MVCO (@CRyanSchadel) February 14, 2021