What I care about is the future of Takeover and the future for Labor Smart shareholders. 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. 29455 N Cave Creek Rd. My roots are in the value school but over time I've learned to respect different approaches. 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. My broker isn't exactly generous in providing margin to hold this stock. is on the juicy side. Labor Smart, Inc. : Entry into a Material Definitive Agreement, Regulation FD Disclosure, .. Labor Smart : NXT LVL Hydrogen Water, Hy-Vee Enter Distribution Deal, NXT LVL Hydrogen Water, Hy-Vee Enter Distribution Deal, Labor Smart : Purchase and Sale Agreement (Form 8-K). The Motley Fool has positions in and recommends Activision Blizzard, Microsoft, and Take-Two Interactive Software. 29455 N Cave Creek Rd. Future: Jason Tucker would continue to lead Takeover Industries, Inc. as a wholly owned subsidiary of Metavesco. For more information,. This will not change the Companys ticker symbol LTNC or the Companys name. 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. Twitter FURUs continuously say that this stock will be worth $1-$5 long-term. But here, TO needs to raise capital and I believe will absolutely need to dilute. After submitting your request, you will receive an activation email to the requested email address. An email was sent with password retrieval instructions. 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. IIF also noted it would obtain committed bridge financing in an amount necessary to cover a back-stop of any existing financing arrangements with change-of-control provisions and transaction costs. It operates in two segments, Chemistry Technologies (CT) and Data Analytics (DA). 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. The water..is it dead? You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. I believe building Takeover Industries as a wholly owned subsidiary of Metavesco will be a huge benefit to MVCO shareholders and to the NXT LVL brand. Over the last three decades, the Takeover Team has played a significant role in the growth and expansion of performance sports drinks and beverages throughout the entire beverage industry. The Company believes his experience will be instrumental in transformation for the future. Given my hypothesis in #1, current shareholders are going to be really dependent on a future with LTNC trading and engaged in a growing industry. 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. Toby, Joe, Mike keep 100 million common shares and send anything over that amount to the LTNC treasury for cancellation. PROOF OF SERVICE Executed by Plaintiff Takeover Industries, Inc., upon Defendant Michael Holley served on 1/15/2022, answer due 2/7/2022. 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. The letter of intent contained a non-binding offer to purchase Takeover Industries in stock and assumed debt. Mergers Mergers Merger refers to a strategic process whereby two or more companies mutually form a new single legal venture. In . When he's done, LTNC will be a clean vehicle with a great looking balance sheet. If you change your Facebook permissions to restrict Stockhouse from receiving your email while joining or signing in to Stockhouse then it will fail. 10h Dismissal: Another win for both the shareholders & TO team as we now can get back focused on building a profitable beverage business. Cave Creek , AZ 85331. The hot gossip is that none other than Japanese tech and entertainment giant Sony (SONY 2.88%) is the interested party. Latest NXT LVL product "final samples" are being produced & shipped over the next week. They can take longer than expected and get derailed after you've been holding for quite a while. Takeover Industries has just passed its 100-day mark. Normally, when a company takeover is announced, the share price of the target company rises to around the level of the offer price. Danny Day, head of research and development for Faith Springs LLC, ranked one of the worlds Bravest Thinkers by Atlantic Magazine, is excited about the partnership. I'm unsure what the strategy will be. Lenders must be on board with this deal and willing to work with us to build the future. Copyright 2023 ACCESSWIRE. Safe Harbor Statement 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. 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. Mineralys Therapeutics Presents Positive Lorundrostat Results from the Phase 2 Target-HTN Trial 89bio Presents New Analysis of Data from Phase 2 ENTRIGUE Trial of Pegozafermin in Patients with New Analyses of Sotagliflozin Showing Time to Clinical Benefit Presented at The American College Avrupa Minerals Advances their Slivova Project via Partnership with Western Tethyan Resources, ION Energy Resumes Water Well Drilling at Urgakh Naran Ahead of Schedule, Q2 Metals Outlines Exciting 2023 Exploration Program and Acquires 3900 Hectare Stellar Lithium Property, Luminex Extends Cuyes West to Depth, with 5.0m grading 14.47g/t Au Eq and Identifies Wider, High-grade Zone Including 3.0m Grading 39.87 g/t Au Eq, Intermap wins new North American Insurance Software Contracts, The Next Gold Rush will Gold hit $3,500/oz in 2023? The point is to make money with risks under control. This deal isn't out of the woods yet. Research suggests that boards of directors perform better if About Labor SMART, Inc. If you experience any issues with this process, please contact us for further assistance. My approach here lets Jason and team build and lets JG focus solely on clean up with a built-in mechanism to raise capital in the future. The average Takeover Industries, stock forecast 2027 represents a -70.82% decrease from the last price of $0.00219999998807907. Current LTNC shareholders maintain their equity ownership on a 1:1 basis, regardless of whatever scorched earth tactic may need to be taken to get us home. Takeover Industries, Inc. v. Stanley Barsch et al RSS Track this Docket Docket Report This docket was last retrieved on June 24, 2021. I have no business relationship with any company whose stock is mentioned in this article. 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. No company that is worth $10+ billion acts in this way. 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. LTNC has a large block of MVCO stock on its balance sheet that is benefiting from the growth of Takeover. My broker isn't exactly generous in providing margin to hold this stock. You must click the activation link in order to complete your subscription. The company offers comprehensive assembly solutions to its many customers worldwide, including wire bonding equipment, packaging materials, and test interconnect products. A hot rumor was behind the significant upward move. Nothing inherently wrong with dilution to grow the business but the market cap is likely to be quite bloated and will fall quickly as new capital gets raised, potentially wiping out equity value of spun out TO shares. 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'm not here to judge. This eclectic and creative style of investing seems to suit my personality and interests most closely. In the first 100 days, the NXT LVL brand was launched, entered into a unique endorsement and joint venture agreements, and launched three . Safe Harbor StatementThis 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. 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. All sign mutual liability releases. The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. In 2020, I realized we needed the right sales and marketing partner to scale up our business. Invest better with The Motley Fool. 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. Stockhouse.com is owned by Stockhouse Publishing Ltd. 2019 Stockhouse Publishing Ltd. All rights reserved. The most exclusive conference for convenience executives, Empowering and developing women in the c-store industry, Assumption of Risk and Waiver of Liability. #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 . Delayed OTC Markets Learn More. 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Do not sell my personal infoPrivacy PolicyAssumption of Risk and Waiver of LiabilityContact Us, The ONLY Conference Dedicated to Convenience Category Managers. Everyone calls their lawyer and stops all actions against each other. 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. Dec 28, 2021. 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. I hear it is, but is it? Labor SMART, Inc. provides On-Demand temporary labor to a variety of industries. The Motley Fool has a disclosure policy. 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? I've been writing for Seeking Alpha since 2013 after playing p0ker professionally. 1. While the idea of a Sony takeover of Take-Two is certainly enticing for shareholders and intriguing for everyone else, at this point, it's only the thinnest of rumors. This is a quote from the merger agreement (emphasis added): IIFs indication of interest noted that IIF is a long-term owner which does not require a realization event after a pre-defined hold period and that IIF has historically provided ongoing financing to support long-term capital requirements, which characteristics make it a desirable owner of public utilities by applicable regulators. LTNC peaked at $0.08 at the end of March but since then has crashed over 80%, leaving disgruntled shareholders sitting on huge losses. We've built a foundation that management believes will deliver rapid growth and high value for our shareholders. 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. If I take in all the above, I'm inclined to believe the market may somewhat overestimate the risk of a deal break. Metavesco is a publicly traded web 3 enterprise. If the market anticipates a better offer in the future, the share price will rise above the price extended to you. Apparently, the company will make a play to buy Take-Two if Microsoft succeeds in its determination to acquire Take-Two's fellow video game maker Activision Blizzard. 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). Please see the attached Non-Binding LOI for the acquisition of Takeover Industries, Inc. from Labor Smart, Inc., by Metavesco, Inc. To make the world smarter, happier, and richer. Im very confident of our ability to bring new products to market with a long term, research driven, manufacturing partner like Faith Springs. The ONLY event dedicated to convenience category managers. 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. I gravitate towards special-situations. I understand that's an awful lot of speculation but I'm confident in my assessment here. ATLANTA, April 16, 2021 (GLOBE NEWSWIRE) -- Labor SMART, Inc. (the "Company"), announced that its recently acquired subsidiary, Takeover Industries Inc., has officially assembled its National Sales Dream Team.Takeover's new National Sales team consists of three accomplished industry veterans with the extensive knowledge, relationships and experience to manage . South Jersey Industries, Inc. (NYSE:SJI) is a small utility with a market cap of ~$3 billion, primarily serving New Jersey customers. Takeover Industries has developed the next generation performance water for everyone from athletes to seniors looking to achieve optimal health, performance and overall wellness. This should be easy to bolt on and build from a different audience. It was founded in 1946 as the Central Farmers Fertilizer Company. 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. 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. ATLANTA, GA - GlobeNewsire -March 1, 2021 / Labor SMART, Inc. (LTNC) (the "Company"), a leader in providing on-demand blue collar staffing primarily in the southeastern United States and transitioning into a diversified holding company, has completed the acquisition of Takeover . Takeover Industries, Inc agreed to acquire Labor Smart, Inc. (OTCPK : LTNC) in a reverse merger transaction for approximately $240 million on February 28, 2021. From November, the dividend ticks up ever so slightly (to $0.3193), as agreed upon in the M&A agreement. #NXTLVLNation #NXTLVL 25 119 Labor Smart, Inc. : Entry into a Material Definitive Agreement, Completion of Acquisition .. Stockhouse membership requires an email address which must be shared by Facebook. Takeover Industries Overview Update this profile Founded 2021 Status Public Stock Symbol LTNC Investments 1 General Information Description Labor Smart Inc is a United States based company engaged in providing on-demand temporary labor solutions to small and medium-sized businesses. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. If this video was helpful please hit the like button.As always have a nice day!#LTNC #LaborSmartInc Pavlik further states, The Company was offered, and has agreed to accept the offer of $250,000.00 USD for the sale of the Trademark, and we also retain the right to use the Trademark royalty free for the next two years. More information about the potential factors that could affect the business and financial results is included in the Company's filings on sec.gov. Eric Volkman has no position in any of the stocks mentioned. However, a few things are mitigating my concerns about this deal. Follow me on Twitter @Bramdehaas or email me Dehaas.Bram at Gmail. We also use them to share usage information with our partners. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. June 07, 2021 08:40 ET The valuation for SJI doesn't look particularly rich even when it's trading with most of its merger premium included. The shares will get issued to Labor Smart, Inc., as the whole owner of Takeover Industries, Inc. (I'm making assumptions this is still the case). 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 letter of intent contained a non-binding offer to purchase Takeover Industries in stock and assumed debt. The Company is now focused on its subsidiary, Takeover Industries Inc. and rapidly expanding the NXT LVL Line of functional beverage products." I wrote this article myself, and it expresses my own opinions. Jun-11-19 09:23AM. All rights reserved. Rumor of a potential buyout from a big-pocketed strategic investor was inflating the share price of video game company Take-Two Interactive Software (TTWO 1.23%) on Thursday. Manny Pacquiao & The Manny Pacquiao Foundation Sign Endorsement Deal with LTNC Takeover Industries April 18, 2021 9:15 ET| Source: Labor Smart, Inc 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 . 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. 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. He did not provide any more detail. Whoever owns the Series A Preferred Shares (I lost track) will sell them to James Gissona for $1 each and everyone that is a board member or officer of Labor Smart, Inc. subsequently resigns and JG becomes the CEO and Chairman. TDs (TSX:TD) $13.4 billion First Horizon acquisition delayed again? The company uses a proprietary process to manufacture and enhance the in vitro efficacy of its products and is continuing to explore therapeutic areas where lowering oxidative stress can prove beneficial. 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 . Tootsie Roll Industries (NYSE:TR) Shareholders Have Enjoyed A 57% Share Price Gain. 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. We will not release or resell your information to third parties without your permission. The Labor Smart by-laws will require a shareholder vote to do this deal and the magic Series A Preferred Shares won't be enough per the by-laws and I will not vote any of my personal shares in said vote. I am not receiving compensation for it (other than from Seeking Alpha). 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.