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| LTNC volume spiked so far in New Year and the company has found its groove too. We are alerting all readers to add this low priced play to their watch lists and portfolios. |
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 Hot Stock to Watch |
Company: Labor Smart Inc (Pink Sheets: LTNC)
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Last:
Price: 0.001
Change (%): - 0.0001 (9.09)
Volume: 74,800,536 |
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LTNC just announced last month that 20% revenue growth to 1,633,364 dollars for the November 4-week comparable time period versus a year ago. This continues a 24-month streak of year-over-year increases for the Company. Year-to-Date 2014 revenue has exceeded 22.5 million dollars, compared to 16.6 million dollars for all of 2013.
How is this stock sub penny?!?
"Business demand and performance remains strong as we continue to demonstrate healthy growth," said Ryan Schadel, Chairman and Chief Executive Officer of Labor SMART. "Key business changes and decisions over the past few months, including the focus of higher-margin business and self-insurance, have improved profitability. We are working aggressively on our capital structure situation, which includes a strategy to minimize the equity dilution of the current Convertible Notes, engage with larger shareholders for stock support and stability and protect shareholder value."
Labor SMART, Inc. provides On-Demand temporary labor to a variety of industries. The Company's clients range from small businesses to Fortune 100 companies. Labor SMART was founded to provide reliable, dependable and flexible resources for on-demand personnel to small and large businesses in areas that include construction, manufacturing, hospitality, event-staffing, restoration, warehousing, retailing, disaster relief and cleanup, demolition and landscaping. Labor SMART believes it can make a positive contribution each and every day for the benefit of its clients and temporary employees. 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.
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