Replies to post #8926 on Labor Smart Inc (LTNC)

[nit2win]

I, for one, do not expect "huge" losses from Labor SMART. Really not sure why the adjective huge continues to be used when it obviously does not apply to Labor SMART.

However, until they decide to slow down their growth, I do not expect them to show net income. As I have stated before, this company will continue to take every penny they make and reinvest those monies back into their company in order to continue fueling their growth.

An excellent example was the $150,000 cash they just spent to pick up 3 more branches in another state that will bring an expected $3 million in revenues and $300,000 EBITDA.

Additionally, there is a substantial difference between one-time charges and non-cash write-offs.

[-Awaken-]

LOL everyone expects to make huge money* on LTNC, yes! How does a company not making money purchase a company for cash, huh?

[jmurfk]

Well it's obvious there are big differences in gross profit and bottom line net. For some, it's hard to understand. I think most people expect to see good revs. Then, it's up to folks to educate themselves to understand the rest.