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The detail page will show you the real-time trend, you can click into the MSN Money website for more details To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. 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 . Follow me on Twitter @Bramdehaas or email me Dehaas.Bram at Gmail. 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. 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. You owe a sizeable amount of money to at least 2 people/entities for development of Takeover. Discovery, will start trading on Nasdaq on Monday. In addition, the break price could potentially be around ~$28 instead of $24. 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. If the deal breaks, the losses could very well amount to something like $8 to $12 per share. 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. 2. Utility deals tend to be treacherous affairs. Eric Volkman has no position in any of the stocks mentioned. I've been writing for Seeking Alpha since 2013 after playing p0ker professionally. This press release contains statements that constitute forward-looking statements. According to some resources, adding hydrogen gas to the water increases its health, wellness and antioxidant properties. 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. InBev offered to buy Anheuser-Busch for $65 . 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. Goldman Sachs advised on $616.7 billion of transactions involving European corporations, according to Securities Data Co. Morgan Stanley is right behind, working on $604 billion of announced . Please go to the link in the email message to retrieve your password. More importantly, it is a utility. They can take longer than expected and get derailed after you've been holding for quite a while. 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. 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. Twitter FURUs continuously say that this stock will be worth $1-$5 long-term. https://twitter.com/StanTradingMan/status/1366183816126214149 . First off, this buyout happened at a fairly opportunistic time. 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. For more information, visit:www.TakeoverInd.comand www.NXTLVLUSA.com Email:[email protected]. -, Labor Smart, Inc. : Change in Directors or Principal Officers (form 8-K), Labor Smart, Inc. Appoints Michael Costello as Chief Executive Officer, Labor Smart, Inc. 29455 N Cave Creek Rd. Let's all get on the same page with an agreement so we can move forward to the future. Utilities are kind of notorious for regulatory intervention. 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 1. Will be interesting to see how the lawsuit plays out! This last part might be a bit tough for everyone to get their head around. The most exclusive conference for convenience executives, Empowering and developing women in the c-store industry, Assumption of Risk and Waiver of Liability. You've already built some distribution and supply chain capabilities. The board discussed the challenges associated with utility acquisitions several times during negotiations. 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. #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 . Safe Harbor Statement Delayed OTC Markets Learn about the foreign exchange markets of yesteryear and today in this article exploring the past, present, and future of FX trading. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Investor Insight Here, POET Technologies: Making the Internet Faster, Pelangio Announces Commencement for their 1,000 meter Diamond Drilling Project, Next level energy: Three Sixty Solar (NEO:VSOL) reports on tower benefits & durability, Adastra Holdings (CSE:XTRX) receives Health Canada approval to produce cocaine, Indigo (TSX:IDG) responds with 'we're not going to take it,' after ransomware attack. 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. If the market anticipates a better offer in the future, the share price will rise above the price extended to you. Sell some MVCO, buyback some LTNC, do a reverse merger..really whatever the shareholders decide they want it to be. 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. Contacts:Labor SMART, [email protected]. 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. Takeover Industries shall issue 6.8 billion RESTRICTED shares of common stock to the shareholders of Labor Smart. November 13, 2022. ATLANTA, May 12, 2021 (GLOBE NEWSWIRE) -- Labor SMART, Inc. (LTNC) (the "Company"), announced that its recently acquired subsidiary, Takeover Industries Inc., has entered into a Joint Venture. Mike Tzanetatos Named Chief Operating Officer of Takeover Industries. 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. ATLANTA, April 28, 2021 (GLOBE NEWSWIRE) -- Labor SMART, Inc. (LTNC) (the "Company"), announced that its recently acquired subsidiary, Takeover . Learn More. [email protected], Get the latest news and updates from Stockhouse on social media, Stockhouse.com uses cookies on this site. Takeover deals can be paid in cash, stocks, or both depending on the mutual agreement of parties. On July 22, 2021 CSP named NXT LVL Hydrogen Spring Water as a finalist for Best New Product of the Year. The water..is it dead? 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. 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. 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. 10h Dismissal: Another win for both the shareholders & TO team as we now can get back focused on building a profitable beverage business. But here, TO needs to raise capital and I believe will absolutely need to dilute. The company offers comprehensive assembly solutions to its many customers worldwide, including wire bonding equipment, packaging materials, and test interconnect products. Invest better with The Motley Fool. The Company believes his experience will be instrumental in transformation for the future. The investor pages that follow are your resource for financial information about South Jersey Industries. More importantly, it is a utility. The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. Disclosure: I/we have a beneficial long position in the shares of SJI either through stock ownership, options, or other derivatives. 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 . 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. Is Vision Tech more or less likely to receive a hostile takeover bid? 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. Consequently, the board is setting the option strike price substantially higher than the current stock price. 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. Since the announcement date, the utility index is up about 10.6%: But SJI is still trading around ~$34 per share. The company provides temporary blue-collar staffing services. This eclectic and creative style of investing seems to suit my personality and interests most closely. Less likely Investment banks traditionally help companies raise capital Commercial banks In 2020, I realized we needed the right sales and marketing partner to scale up our business. Members of Special Situation Report get exclusive access to our model portfolio. 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. Buy These 2 Stocks in 2023 and Hold for the Next Decade, Warren Buffett's Latest $2.9 Billion Buy Brings His Total Investment in This Stock to $66 Billion in 4 Years, 2 Safe Stocks to Buy Hand Over Fist in 2023, Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Motley Fool Issues Rare All In Buy Alert, Copyright, Trademark and Patent Information. Amy Marcen-Gaudaur, Sherri M. Altshuler, Melanie Cole, Adria Leung Lim, Sean Green and Barbara Worndl. 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. It serves customers primarily engaged in construction, freight handling, landscaping, warehousing, janitorial, disaster response, light manufacturing, retail, or wholesale operations. Can't expand too much on that but you know where I'm going here, I think. take over: [verb] to assume control or possession of or responsibility for. The Motley Fool has a disclosure policy. If you change your Facebook permissions to restrict Stockhouse from receiving your email while joining or signing in to Stockhouse then it will fail. 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. In . Second, IFF is a financial buyer with a very long-term holding period as opposed to a strategic buyer. is on the juicy side. It operates in two segments, Chemistry Technologies (CT) and Data Analytics (DA). Apparently, a big name in tech and entertainment is considering making a play for Take-Two. Normally that might not matter. Labor Smart, Inc. : Entry into a Material Definitive Agreement, Completion of Acquisition .. Gentlemen of the Board of Directors of Labor Smart, Inc.. My broker isn't exactly generous in providing margin to hold this stock. It is currently one of the company's main operations and a major step to diversify the company's business from its personnel services. 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 . On February 27, 2021, Labor Smart, Inc. (the "Company") entered into a Stock Purchase Agreement (the "Agreement") with Takeover Industries, Inc. (the "Seller"). Takeover Industries Incorporated: Defendant: Michael Holley, Chirine Holley, David Eisenberg and Unknown Eisenberg: Case Number: . GHOST and Cinnabon Unveil new GHOST VEGAN AND WHEY Flavor Collab, Shake Up: How Cocktail Veterans Are Staking a Claim to RTDs, Hard MTN Dew Releases First New Flavor Addition: Livewire in Single-Serve Cans, Del Papa Distributing Announces $50,000 Match Grant Challenge to Support Southeast Texas Food Bank, Benriach The Sixteen Returns to Core Lineup, Spritz Society Collaborates with The Skinny Confidentials Lauryn Bosstick on Exclusive New Flavor: Pink Lemonade, Garden District Taproom: West Palm Beachs First Self-Pour Experience Opens This Month, San Diegos Second Chance Beer Company to Release Fistful of Gummies Berry Edition in Celebration of Womens History Month, Ntrl Vodka Seltzer Taps Chloe Fineman To Star In First National, Integrated Campaign: Ntrl. Contacts: I'm not here to judge. What I care about is the future of Takeover and the future for Labor Smart shareholders. All things considered, I think this is a reasonably attractive risk/reward and like this as an addition to my portfolio. [email protected]. We look forward to launching our new, innovative hydrogen infused water formulation in the coming weeks. For its first 56 years, it was a federation of regional agricultural supply cooperatives. But you pick up dividends as you wait here worth $0.3193 per quarter per share. 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 Explained. 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. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Labor SMART, Inc. The post cites as a source a tweet published on Monday by a self-described "gaming industry analyst" with the Twitter handle of Rythian. TDs (TSX:TD) $13.4 billion First Horizon acquisition delayed again? However, a few things are mitigating my concerns about this deal. 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. 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). The deal, announced live on Twitter via @CRyanSchadel on Sunday February 28, 2021, calls for the issuance of 6.8 billion common shares, RESTRICTED for 12 months, for the acquisition. June 07, 2021 08:40 ET 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. I pulled up Seeking Alpha's valuations for a set of peers: small-cap utility peer group valuations (Seeking Alpha). It was founded in 1946 as the Central Farmers Fertilizer Company. ATLANTA, May 12, 2021 (GLOBE NEWSWIRE) -- Labor SMART, Inc. ( LTNC) (the "Company"), announced that its recently acquired subsidiary, Takeover Industries Inc., has entered into a Joint. The point is to make money with risks under control. I believe this opportunity is being hamstrung by internal issues. At South Jersey Industries Inc. , we promise to treat your data with respect and will not share your information with any third party. 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. 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 . Copyright 2023 ACCESSWIRE. 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. To make the world smarter, happier, and richer. I highly recommend it (pick episodes around topics that interest you) for the amazing guests that come on with regularity. The Company's clients range from small businesses to Fortune 100 companies. 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. Time is of the essence. Takeover Industries shall issue 6.8 billion RESTRICTED shares of common stock to the shareholders of Labor Smart. Mr. Schadel is expected to stay on as an advisor as long as necessary and will continue to manage the Company’s effort in becoming current with OTC Markets. 954.347.8960. This needs to be done yesterday. 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 . 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). 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 . 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. LOS ANGELES -- Northrop Grumman Corporation (NYSE: NOC) and Litton Industries Inc. (NYSE: LIT) jointly announced today that they have signed a definitive agreement under which Northrop Grumman will acquire for cash all of the outstanding shares of Litton for $80 per common share and $35 per Series B Preferred share.
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