This video is going to be about Labor Smart, Inc (LTNC) \"They provide temporary blue-collar staffing services primarily in the United States. The distinct regulatory path can take a long time and suddenly "out of nowhere" block a deal. Kulicke & Soffa Industries, Inc. (K&S) is the world's largest manufacturer and supplier of semiconductor assembly equipment. Labor Smart, Inc. ATLANTA, June 07, 2021 (GLOBE NEWSWIRE) -- Labor SMART, Inc. (LTNC) (the Company), previously announced via Twitter, that the Companywould entertain offers to sell its Registered Trademark, 'Labor Smart', US Trademark Registration number 4311630 (Trademark). A group of private equity firms, including Blackstone Group, Carlyle Group and Hellman & Friedman, agreed to buy a majority stake in medical supply manufacturer and distributor Medline. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. If you have an ad-blocker enabled you may be blocked from proceeding. Takeover deals can be paid in cash, stocks, or both depending on the mutual agreement of parties. Utility deals tend to be treacherous affairs. Flotek Industries, Inc. operates as a technology-driven chemistry and data company that serves customers across industrial, commercial, and consumer markets in the United States, the United Arab Emirates, and internationally. Metavesco is a publicly traded web 3 enterprise. Lucid Group Inc.'s stock on Thursday was on track to mark its biggest drop in more than a year, after quarterly results that did little to allay ongoing concerns about the electric-vehicle maker. The hot gossip is that none other than Japanese tech and entertainment giant Sony (SONY 2.88%) is the interested party. ATLANTA, April 28, 2021 (GLOBE NEWSWIRE) -- Labor SMART, Inc. (LTNC) (the "Company"), announced that its recently acquired subsidiary, Takeover Industries Inc., has officially signed an . We will not release or resell your information to third parties without your permission. STE 118 52. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. That's not an insignificant amount on a $3 billion market cap utility and comes to $2 of value per share in case of a deal break. As previously stated, we expect to have our first product available for purchase before Easter.. Phone. All the information and ideas presented in this video are my own personal thoughts and ideas.video, music, and pictures provided by Storyblock.comIf you enjoy the content subscribe to the channel as I will continue the content. I'll adhere to etiquette and not make the LOI itself public, but I will publish this open letter as sort of a TL:DR. Conclusion #15 Exhibit J - Text Directing Holley Not to Give Tucker Access to Bank Accounts, #16 Exhibit K - Stock Purchase Agreement, #17 Exhibit L - SEC Form 8K, #18 Exhibit M - LTNC's SEC Form 8K, #19 Exhibit N - LTNC . Financial Market Data powered by QuoteMedia. Investopedia. Discovery, will start trading on Nasdaq on Monday. 2. Labor SMART, Inc. provides On-Demand temporary labor to a variety of industries. PROOF OF SERVICE Executed by Plaintiff Takeover Industries, Inc., upon Defendant Michael Holley served on 1/15/2022, answer due 2/7/2022. Learn More. Mike Tzanetatos Named Chief Operating Officer of Takeover Industries. Learn about the foreign exchange markets of yesteryear and today in this article exploring the past, present, and future of FX trading. The takeover proposal comes after Boustead posted a net loss of 402.3 million ringgit ($89.9 million) for the fourth quarter of 2022, swinging from a net profit of MYR78.6 million a year ago. Roughly a week after disclosing a 5.5 billion, or $5.9 billion, bid for the fund-distribution service Allfunds Group, Euronext has pulled the offer. This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Labor SMART, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. In the announcement, Ryan Schadel, outgoing President and CEO of Labor Smart, Inc. announced he was canceling and retiring 500 million shares of Labor Smart, Inc. common stock that was removed from the tradeable float. In consideration therefor, the Company shall issue 6,800,000,000 RESTRICTED shares of . Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Takeover Industries, Inc. is a subsidiary of Labor Smart, Inc. (LTNC) (the "Company"). The One With The Umlaut, Harpoon Launches Limited Edition Sticky Bun Stout with Flour Bakery + Caf, Tennessee Brew Works & Turner Hus Brewery Collaborate, Migration to Release Salty Mule Gose for 8th Annual SheBrew Festival. Im confident weve found that partner with the seasoned team of industry veterans at Takeover Industries Inc., New Labor Smart Inc., CEO & Takeover Industries President Joe Pavlik commented, This is truly a significant milestone for the Company, as this lays a solid foundation for future product development. On behalf of the Takeover Industries Inc. team we appreciate the opportunity to work with Mr. Schadel, in continuing the strong relationship with it's shareholders and to bring forth immediate new opportunities in the functional beverage industry," said Pavlik. The consensus among analysts is that the intrinsic value of Vision Tech's stock is $27 per share. I saw in a court filing last week a lender has now sent a demand letter and put the company in default. Heinz Co and Kraft Foods Group Inc merged their business to become Kraft Heinz Company, a leading global food . More information about the potential factors that could affect the business and financial results is and will be included in Labor SMART, Inc.'s filings with OTC Markets.com. Utilities are kind of notorious for regulatory intervention. Takeover Industries, Inc agreed to acquire Labor Smart, Inc. (OTCPK : LTNC) in a reverse merger transaction for approximately $240 million on February 28, 2021. Tootsie Roll Industries, Inc., together with its subsidiaries, engages in manufacture and sale of . The management team of Takeover Industries, Inc. has taken certain actions over the past year to continue the Company's focus on becoming a global force in the beverage industry. I think we can get something done here too. I believe the end result will be LTNC is traded faster, with a great balance sheet, and a minority interest in a cutting-edge company, Metavesco. --Labor SMART, Inc., announced that its recently acquired subsidiary, Takeover Industries Inc., has officially signed an endorsement deal with Manny Pacquiao and The Manny Pacquiao Foundation.. For its first 56 years, it was a federation of regional agricultural supply cooperatives. Is this happening to you frequently? The investor pages that follow are your resource for financial information about South Jersey Industries. The investor pages that follow are your resource for financial information about South Jersey Industries. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Labor SMART, Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Mike Tzanetatos Named Chief Operating Officer of Takeover Industries Takeover Industries, the parent company of award-winning NXT LVL Hydrogen Water and energizer shots, announced Mike Tzanetatos will take a senior leadership role as the company's chief operating officer. The Company is now focused on its subsidiary, Takeover Industries Inc. and rapidly expanding the NXT LVL Line of functional beverage products." #NXTLVLNation #NXTLVL 25 119 Service of the Summons and Complaint were executed upon Jane "Chirene" Doe in compliance with Federal Rules of Civil Procedure by substituted service at home address and by also mailing a copy.Original . I could earn a commission if you click through and make a purchase or subscribe.I am not a financial advisor. Eric Volkman has no position in any of the stocks mentioned. We put together employment agreements and add on equity compensation for milestones. At the end of its most recently reported quarter, it had the equivalent of nearly $12 billion in cash and short-term investments and, surely, the ability to secure much more through various types of financing. 3 High-Growth Stocks That Are Just Getting Started, 3 Stocks at 52-Week Highs Still Worth Buying, 3 Stocks That Could Soar More Than Priceline, 2 Reasons to Avoid a Roth 401(k) for Your Retirement Savings, Want $1 Million in Retirement? Will be interesting to see how the lawsuit plays out! Musk's new AI project could have the same effect as his Twitter takeover. This press release contains statements that constitute forward-looking statements. Labor SMART believes it can make a positive contribution each and every day for the benefit of its clients and temporary employees. A copy of this press release and the definitive acquisition documents will be filed as an exhibit in a Form 8-K, which will be filed with the US Securities and Exchange Commission for the purpose of full and fair disclosure. Through this Joint Venture, Labor Smart, Inc., via its wholly owned subsidiary, Takeover Industries Inc., will secure a minority equity stake in Faith Springs LLC, and be granted the exclusive rights to market, sell and promote all hydrogen water products Powered by H2forLife technology via a two-year contract. I hear it is, but is it? Twitter FURUs continuously say that this stock will be worth $1-$5 long-term. As Chairman James Gissona will immediately being the process to put LTNC into receivership or custodianship with the following post deal goals: Mr. Gissona knows what needs to be done to get these checked off. If you experience any issues with this process, please contact us for further assistance. Pursuant to the Agreement, the Seller became a wholly owned subsidiary of the Company. IIF didn't just talk but also walked the walk as it agreed to a $255 million termination fee. One of Britain's oldest engineering firms has been sold for 8.1bn to a controversial investment firm. Shareholders and interested parties are encouraged to follow @TakeoverJoe on Twitter for all future Company updates, which will include material information about the Company. I wrote this article myself, and it expresses my own opinions. CUMMING, GA / ACCESSWIRE / November 14, 2022 / Metavesco, Inc. (OTC PINK:MVCO) (the "Company"), a leading publicly-traded Web3 enterprise, today disclosed it sent the below open letter to the Board of Directors of Labor Smart, Inc. and a Non-Binding Letter of Intent to acquire Takeover Industries, a wholly owned subsidiary of Labor Smart, Inc.The letter of intent contained a non-binding offer . Please see the attached Non-Binding LOI for the acquisition of Takeover Industries, Inc. from Labor Smart, Inc., by Metavesco, Inc. http://nxtlvlusa.com/pacman/. This deal isn't out of the woods yet. Looking for a portfolio of ideas like this one? I write the Special Situation Report.I look at special situations like spin-offs, share repurchases, rights offerings and a lot of M&A events. Most of my work until 2012 was in climate change and hydrogen, then switched to health when my 82 year-old father was diagnosed with stage 4 cancer, said Day. I have no business relationship with any company whose stock is mentioned in this article. LTNC peaked at $0.08 at the end of March but since then has crashed over 80%, leaving disgruntled shareholders sitting on huge losses. The fuel for this rumor appears to be a Thursday morning post on a relatively obscure entertainment website called Xfire. The Company's mission is to be the provider of choice to its growing portfolio of customers with a service-focused approach that enables Labor SMART to be seen as a resource and partner to its clients. The company sup. I/we have a beneficial long position in the shares of SJI either through stock ownership, options, or other derivatives. All rights reserved. The Company's clients range from small businesses to Fortune 100 companies. I have no business relationship with any company whose stock is mentioned in this article. Takeover Industries is an early stage, pre-revenue beverage venture and will become a wholly owned subsidiary of Labor Smart, Inc. Consummation of this transaction will result in a change of control of Labor Smart, Inc. ATLANTA, April 28, 2021 (GLOBE NEWSWIRE) -- Labor SMART, Inc. (LTNC) (the "Company"), announced that its recently acquired subsidiary, Takeover . H2ForLife is the first and only ultra-concentrated hydrogen rich spring water, canned at the source and enhanced with proprietary technology, delivering the most powerful molecular and atomic hydrogen molecules that work at the cellular level to help rejuvenate the bodys cells while enhancing their functions. Present: There is tremendous opportunity and potential for Takeover products. Since the announcement date, the utility index is up about 10.6%: But SJI is still trading around ~$34 per share. The company can then choose its destiny. An energy drink brand intermixed with NFT's. Heres What Hedge Funds Think About Tootsie Roll Industries, Inc. (TR) Insider Monkey. Boxing champion Manny Pacquiao is regarded as one of the greatest professional boxers of all-time and is the only boxer in history to win titles in eight different weight classes. All rights reserved. That's like 3.5%+ on an annualized basis. Takeover Industries, Inc. launched its NXT LVL brand in 2021 with high-profile endorsements that have grown to include boxing legend Manny Pacquiao, UFC champion and Professional Fighter's League. The company recently reported the process is on track and expected to close Q4 2022. You must click the activation link in order to complete your subscription. It is what it is. Psyence Group: pioneering the use of natural psychedelics for mental health and wellbeing, The best gold opportunities in Quebec lie in the James Bay region thanks to this Canadian-based exploration company, The tech company making the most gains on the TSX. Here is my pitch on why this is the way for LTNC shareholders. Investor Relations Overview. Chicago, IL - February 28, 2023 - Stocks in this week's article are JinkoSolar Holding Co., Ltd. JKS, UFP Industries, Inc. UFPI, ASE Technology Holding Co., Ltd . Time is of the essence. Dan FidellVice President of Investor Relations, 609-561-9000 ext 7027 Smash that like button and subscribe to the channel and as always have a good day!Sources:https://www.globenewswire.com/news-release/2021/03/01/2184340/0/en/Labor-SMART-Inc-Completes-Acquisition-of-Takeover-Industries-Inc.html\\https://twitter.com/cryanschadel?s=21Join this channel to get access to perks:https://www.youtube.com/channel/UCcoE3R47xyO1ApE-A3EjZhA/join FOLLOW ME:Instagram: https://www.instagram.com/murphy4848/Twitter: https://twitter.com/LucasMurphy4848EMAIL: lmurphy4811@gmail.comEquipment-Mouse pad-https://amzn.to/3c1dNQxBlue Yeti -https://amzn.to/2WiPYNEUSB Port-https://amzn.to/2YsC66cBeats-https://amzn.to/3b1s4f1Acer Dual Screen-https://amzn.to/3ffkIrxThe Coffee Grind: https://coffeegrindco.com/Use #STOCKGRINDER for 10% off your purchaseRaze Energy: https://reppsports.com/Use promo code LMYC48 and receive 15% off your purchase order!! I admit, its rather lengthy for an LOI, but given the ongoing legal issues at Takeover, this LOI required more legal jargon than I prefer. The process begins with pure mountain spring water free of chlorine, fluoride, chromium 6, MTBE, and BPA, is enhanced with various trace mineral complexes, then finished off with infused molecular hydrogen. Apparently, a big name in tech and entertainment is considering making a play for Take-Two. We've built a foundation that management believes will deliver rapid growth and high value for our shareholders. The board discussed the challenges associated with utility acquisitions several times during negotiations. *Average returns of all recommendations since inception. Vision Tech's stock price is currently trading at $34 per share. In addition to serving as a Senator of the Philippines, Pacquiao is also the founder of the Manny Pacquiao Foundation (MPF), a California based non-profit, fighting for those less fortunate and spreading hope around the world. That means situations around companies or the market where the price can move in a certain direction based on a specific event or ongoing event. Faith Springs, LLC, Blue Ridge, GA is a privately held health company that manufacturers and develops various products. ATLANTA, March 01, 2021 (GLOBE NEWSWIRE) -- Labor SMART, Inc. ( LTNC) (the "Company"), a leader in providing on-demand blue collar staffing primarily in the southeastern United States and. | Source: Gravitas II Capital Corp. ("Gravitas II") (TSXV: GII.P) and Parvis Invest Inc. ("Parvis") are pleased to announce that, in connection with their previously announced proposed business combination . As a result, its stock zoomed more than 6% higher on the day, trouncing the less than 0.8% gain of the bellwether S&P 500 index. NXT LVL Hydrogen Spring Water, sourced from natural springs, is infused with hydrogen and other all-natural supplements to aid in helping athletes prepare and recover from grueling training. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Labor SMART, Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. The National Sales Team joins Takeover Industries, Inc. Co-Founders Toby McBride, former IGNITE Beverage CEO, and Mike Holley, former IGNITE Beverage COO, who have built major brands such as Sobe . About Labor SMART, Inc. Mr. Schadel participated in a live Q & A after this announcement, which can be replayed here: On July 22, 2021 CSP named NXT LVL Hydrogen Spring Water as a finalist for Best New Product of the Year. Follow me on Twitter here. Takeover Industries Inc Company Number E11605462021-2 Native Company Number E11605462021-2 Status Active Incorporation Date 12 January 2021 (about 2 years ago) Company Type Domestic Corporation Jurisdiction Nevada (US) Agent Name Registered Agent Inc Agent Address 401 Ryland St, Ste 200-A, Reno, NV, 89502 Directors / Officers Mergers Mergers Merger refers to a strategic process whereby two or more companies mutually form a new single legal venture. All rights reserved. He has already started recruiting industry experts to help. An email was sent with password retrieval instructions. That's clear from the longer time graph, when looking at the recovery in the utility exchange-traded fund ("ETF") since the deal date, but also because of valuations for a peer group. From November, the dividend ticks up ever so slightly (to $0.3193), as agreed upon in the M&A agreement. You owe a sizeable amount of money to at least 2 people/entities for development of Takeover. But this may not be . TDs (TSX:TD) $13.4 billion First Horizon acquisition delayed again? This needs to be done yesterday. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Joe Pavlik, LTNC CEO & Takeover Industries President and Chief Science Officer, said, After review, our executive team has determined that the Trademark does not fit into the long-term plan. 954.347.8960. But here, TO needs to raise capital and I believe will absolutely need to dilute. Normally, when a company takeover is announced, the share price of the target company rises to around the level of the offer price. First off, this buyout happened at a fairly opportunistic time. United States. Takeover Industries, Inc completed the acquisition of Labor Smart, Inc. (OTCPK : LTNC) in a reverse merger transaction on March 1, 2021. Cave Creek , AZ 85331. is on the juicy side. I am not receiving compensation for it (other than from Seeking Alpha). However, a few things are mitigating my concerns about this deal. I'm not here to judge. No company that is worth $10+ billion acts in this way. The Company generates income as a liquidity provider on decentralized crypto exchanges and invests in promising NFT projects and virtual land, primarily on EVM protocols. ir@laborsmart.com, Get the latest news and updates from Stockhouse on social media, Stockhouse.com uses cookies on this site.
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