At the beginning of the year, LTNC acquired Takeover Industries, which produces sports drinks, such as NXT LVL hydrogen water. This video is going to be about Labor Smart, Inc (LTNC) \"They provide temporary blue-collar staffing services primarily in the United States. You can sign up for additional alert options at any time. al. Finance Chapter 1-3 Flashcards | Quizlet 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 transitioning into a diversified holding company, has completed the acquisition of Takeover Industries, Inc. Takeover Industries Incorporated v. Holley et al 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. For its first 56 years, it was a federation of regional agricultural supply cooperatives. We will launch two new product lines. LTNC peaked at $0.08 at the end of March but since then has crashed over 80%, leaving disgruntled shareholders sitting on huge losses. 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. 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. #NXTLVLNation #NXTLVL 25 119 HOW TO KILL A COMPANY - The Washington Post Labor Smart, Inc There has been an early August 8-K update that the deal is on track to close Q4 2022. IIF also indicated that it was able to fund the transaction with equity fully funded by IIF and that IIF would provide the Company with an equity commitment agreement to such effect in connection with the execution of a definitive merger agreement. 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. Feb. 28 - March 2, 2023 JW Marriott Bonnet Creek, Orlando, FL. 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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. 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. In the first 100 days, the NXT LVL brand was launched, entered into a unique endorsement and joint venture agreements, and launched three products into the US market. 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? This will equate to a reverse split of everyone's equity position. Classified ads from suppliers & service providers, Cannabis-infused food and beverage products, Non-alcoholic functional beverage products, Alcoholic beverage products and brand updates, Companies that support food, beverage and beer brands, Thank you to our 1200+ charter subscribers, Submit your news / press releases to BevNET, A showcase of up-and-coming beverage brands, Brand Ambassador, California - Geloso Beverage Group, District Manager, South Carolina - Geloso Beverage Group, TN Key Account Manager - Geloso Beverage Group, Green Day: Crafts Quest to Reclaim Absinthes Reputation, DFA Looks To Younger Milk Drinkers, Partners With Good Culture. Takeover Industries Introduces its Veteran Sales Dream Team 29455 N Cave Creek Rd. This press release contains statements that constitute forward-looking statements. Ryan SchadelPresident - Metavesco, Inc., a web3 enterprise. The point is to make money with risks under control. I wrote this article myself, and it expresses my own opinions. Manny Pacquiao & The Manny Pacquiao Foundation Sign Endorsement Deal with LTNC Takeover Industries April 18, 2021 9:15 ET| Source: Labor Smart, Inc 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. The resultant company, Warner Bros. 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. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. The board of directors of CyberScope, Inc., is designing a stock option plan for its CEO that will motivate the CEO to increase the market value of the firm. STE 118 52 Cave Creek , AZ 85331United States. Normally, when a company takeover is announced, the share price of the target company rises to around the level of the offer price. South Jersey Industries, Inc. ( NYSE: SJI) is a small utility with a market cap of ~$3 billion, primarily serving New Jersey customers. The water..is it dead? --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.. 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. The distinct regulatory path can take a long time and suddenly "out of nowhere" block a deal. By providing my email, I consent to receiving investment related electronic messages from Stockhouse. WarnerMedia, Discovery complete merger, become Warner Bros - CNBC Metavesco is a publicly traded web 3 enterprise. The company offers comprehensive assembly solutions to its many customers worldwide, including wire bonding equipment, packaging materials, and test interconnect products. Cookies are used to offer you a better browsing experience and to analyze our traffic. 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. Labor SMART, Inc. Completes Acquisition of Takeover Industries, Inc The most exclusive conference for convenience executives, Empowering and developing women in the c-store industry, Assumption of Risk and Waiver of Liability. Utilities are kind of notorious for regulatory intervention. Tootsie Roll Industries, Inc., together with its subsidiaries, engages in manufacture and sale of . Is this happening to you frequently? The end result is a unique premium hydrogen water for consumers who desire improved mental clarity, accelerated physical recovery, and overall wellness through oxidative stress relief. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. At South Jersey Industries Inc. , we promise to treat your data with respect and will not share your information with any third party. On closing, shareholders get a smaller stub dividend to make up for the time held between the last dividend and the finalization of the deal. Takeover Industries Inc Company Profile | Cave Creek, AZ | Competitors Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. I am not receiving compensation for it (other than from Seeking Alpha). 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. Learn More. Takeover deals can be paid in cash, stocks, or both depending on the mutual agreement of parties. Can't expand too much on that but you know where I'm going here, I think. Beast & Ed Sheeran Are In The Mix. Takeover Industries, Inc completed the acquisition of Labor Smart, Inc. (OTCPK : LTNC) in a reverse merger transaction on March 1, 2021. Its been touted for its ability to improve cellular energy, support the aging process, and improve muscle recovery after a workout. Utility M&A is notoriously a treacherous field. In this section you will find information about our current and historical share price, analyst coverage, SEC filings, an electronic version of our annual report as well as forms to request additional information. Elon Musk wants to build the next ChatGPT. Shareholders and interested parties are encouraged to follow @TakeoverJoe on Twitter for all future Company updates, which will include material information about the Company. Investor Relations Overview. But you pick up dividends as you wait here worth $0.3193 per quarter per share. LTNC Takeover Industries Announces Sale of 'Labor Smart' The spread of around ~5.5% stood out to me among pending deals. Copyright 2023 ACCESSWIRE. Mike.T@Takeoverind.com, Discover new solutions and ideas from our supplier partners. Normally that might not matter. The Company is now focused on its subsidiary, Takeover Industries Inc. and rapidly expanding the NXT LVL Line of functional beverage products." Since 2020 I host a podcast/videocast where I discuss (special-situation/event-driven) market events and investment ideas with top analysts, portfolio managers, hedge fund managers, experts, and other investment professionals. Rythian added that three of his "trusted and almost always correct sources" confirmed this. Utility deals tend to be treacherous affairs. Labor SMART, Inc. United States. Takeover Industries Inc :: Nevada (US) :: OpenCorporates Shareholders and interested parties are encouraged to follow @TakeoverJoe on Twitter for all future Company updates, which will include material information about the Company. For More Information: I wrote this article myself, and it expresses my own opinions. All sign mutual liability releases. 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. 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. What happens to your shares in a company takeover? View the, https://twitter.com/CRyanSchadel/status/1366149809397248002, https://twitter.com/StanTradingMan/status/1366183816126214149, The Market Heralds Weekly Cannabis Report Mar 3, 2023, @ the Bell: TSX in the green though rate hikes loom. Engineering giant GKN sold to Melrose for 8bn - BBC News Takeover Industries, Inc agreed to acquire Labor Smart, Inc. (OTCPK : LTNC) in a reverse merger transaction for approximately $240 million on February 28, 2021. I could earn a commission if you click through and make a purchase or subscribe.I am not a financial advisor. 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. Takeover Industries Inc (LTNC) What is hydrogen infused water? Huge Another Busted Stock Exchange Deal: Euronext-Allfunds Talks Collapse You must click the activation link in order to complete your subscription. 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's clients range from small businesses to Fortune 100 companies. 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. It was founded in 1946 as the Central Farmers Fertilizer Company. We will not release or resell your information to third parties without your permission. 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. 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. 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. 29455 N Cave Creek Rd. 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 . 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. Please. 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 However, a few things are mitigating my concerns about this deal. Labor SMART, Inc. provides On-Demand temporary labor to a variety of industries. Takeover Industries, Inc acquired Labor Smart, Inc. (OTCPK : LTNC) in a But this may not be . Takeover Industries shall issue 6.8 billion RESTRICTED shares of common stock to the shareholders of Labor Smart. Safe Harbor Statement However, I quickly discovered why the spread is on the juicy side. If this is truly a long term play for Takeover Industries, why not have someone who can create graphics or an actual digital media/internet marketing expert who can run the website? Takeover Industries Incorporated: Defendant: Michael Holley, Chirine Holley, David Eisenberg and Unknown Eisenberg: Case Number: . Second, IFF is a financial buyer with a very long-term holding period as opposed to a strategic buyer. It serves customers primarily engaged in construction, freight handling, landscaping, warehousing, janitorial, disaster response, light manufacturing, retail, or wholesale operations. I have been doing research in ways to solve global issues since 1994. 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 . HOME | Takeover 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). 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 . In this section you will find information about our current and historical share price, analyst coverage, SEC filings, an electronic version of our annual report as well as forms to request additional information. Takeover Explained. | Source: The Company believes his experience will be instrumental in transformation for the future. Takeover Industries shall issue 6.8 billion RESTRICTED shares of common stock to the shareholders of Labor Smart. My broker isn't exactly generous in providing margin to hold this stock. 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. Shareholders of Labor Smart will want to know what's included in this LOI. Contacts:Labor SMART, Inc.it@takeoverind.com. Simply Wall St. May-02-19 02:41PM. For more information, visit:www.TakeoverInd.comand www.NXTLVLUSA.com Email:ir@takeoverind.com. The executive management team has over 100 years of research, manufacturing, sales, marketing, operations, design, and production experience in the beverage industry. Labor SMART believes it can make a positive contribution each and every day for the benefit of its clients and temporary employees. GKN, which has had a hand in making everything from Minis to Spitfires, lost its battle to . We also use them to share usage information with our partners. Dec 28, 2021. Labor SMART, Inc. Completes Acquisition of Takeover Industries, Inc. This last part might be a bit tough for everyone to get their head around. These statements appear in a number of places in this press release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; and (iii) growth strategy and operating strategy. The post cites as a source a tweet published on Monday by a self-described "gaming industry analyst" with the Twitter handle of Rythian. Takeover Industries has just passed its 100-day mark. Mike Tzanetatos Named Chief Operating Officer of Takeover Industries. Latest NXT LVL product "final samples" are being produced & shipped over the next week. South Jersey Industries - Investor Relations Looking for a portfolio of ideas like this one? The consensus among analysts is that the intrinsic value of Vision Tech's stock is $27 per share. 1. It is currently one of the company's main operations and a major step to diversify the company's business from its personnel services. Jun-11-19 09:23AM. 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. 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. Sell Takeover to Metavesco for 1 million MVCO shares. Thanks for all of your support! The Motley Fool has positions in and recommends Activision Blizzard, Microsoft, and Take-Two Interactive Software.
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