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. Safe Harbor Statement There has been an early August 8-K update that the deal is on track to close Q4 2022. If this video was helpful please hit the like button.As always have a nice day!#LTNC #LaborSmartInc 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 . The letter of intent contained a non-binding offer to purchase Takeover Industries in stock and assumed debt. The point is to make money with risks under control. Contacts:Labor SMART, Inc.ir@laborsmart.com. 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. After submitting your request, you will receive an activation email to the requested email address. 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. Kulicke & Soffa Industries, Inc. (K&S) is the world's largest manufacturer and supplier of semiconductor assembly equipment. Special-Situation And Event-Driven Ideas To Improve Risk Adjusted Returns, 15 years of investing and I feel like a rookie in his first year at the academy. You can sign up for additional alert options at any time. Since the announcement date, the utility index is up about 10.6%: But SJI is still trading around ~$34 per share. This video is going to be about Labor Smart, Inc (LTNC) \"They provide temporary blue-collar staffing services primarily in the United States. The entire sales and fulfillment team stays on. For example, in 2015, ketchup maker H.J. However, I quickly discovered why the spread is on the juicy side. He has already started recruiting industry experts to help. This should be easy to bolt on and build from a different audience. This press release contains statements that constitute forward-looking statements. Members of Special Situation Report get exclusive access to our model portfolio. The water..is it dead? Follow me on Twitter here. I understand that's an awful lot of speculation but I'm confident in my assessment here. Labor Smart, Inc is vulnerable to a hostile takeover that benefits no one, and I'm not talking about from Toby, Mike, et. Access additional case information on PACER Use the links below to access additional information about this case on the US Court's PACER system. The fuel for this rumor appears to be a Thursday morning post on a relatively obscure entertainment website called Xfire. It is currently one of the company's main operations and a major step to diversify the company's business from its personnel services. STE 118 52 Cave Creek , AZ 85331United States. 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. InBev offered to buy Anheuser-Busch for $65 . On the other hand, if the market anticipates that the offer will be rejected, the share price will . Neither Take-Two nor Sony has yet commented on this speculation. 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 . 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. My solution for both is simple in nature so Ill present it here in that way in a stream of consciousness manner. For Takeover Industries, stock forecast for 2027 (5 year), 12 predictions are offered for each month of 2027 with average Takeover Industries, stock forecast of $0.0, a high forecast of $0.0, and a low forecast of $0.0. April 16, 2021 - 8:25 am. Financial Market Data powered by QuoteMedia. South Jersey Industries, Inc. (NYSE:SJI) is a small utility with a market cap of ~$3 billion, primarily serving New Jersey customers. Making the world smarter, happier, and richer. 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. Labor SMART, Inc. provides On-Demand temporary labor to a variety of industries. But here, TO needs to raise capital and I believe will absolutely need to dilute. The investor pages that follow are your resource for financial information about South Jersey Industries. I believe this is in LTNC shareholders best interest and hope you accept the LOI on or before November 16, 2022, at 4pm New York time. 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. 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. This needs to be done yesterday. 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. !Webull Referral: https://act.webull.com/n/pgdglbN3EIff/qxa/If your interested in opening a brokerage account click on the link above and start trading!DISCLOSURE: Some of the links that are connected to this page are affiliate links, which means, this is no additional cost to you. A hot rumor was behind the significant upward move. Assuming LTNC does get a spin out done of Takeover, it's unlikely to be on a 1:1 share basis. Pursuant to the Agreement, the Seller became a wholly owned subsidiary of the Company. What I care about is the future of Takeover and the future for Labor Smart shareholders. 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 company provides temporary blue-collar staffing services. By continuing to use our service, you agree to our use of cookies. First off, this buyout happened at a fairly opportunistic time. Taste Radio: Mr. We look forward to launching our new, innovative hydrogen infused water formulation in the coming weeks. 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. NXT LVL Hydrogen Water is Powered by H2forLife Technology which ensures a hydrogen water with the highest potency of active hydrogen to unlock the body's potential. 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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. Amy Marcen-Gaudaur, Sherri M. Altshuler, Melanie Cole, Adria Leung Lim, Sean Green and Barbara Worndl. Will be interesting to see how the lawsuit plays out! Vice President of Sales West 954.347.8960 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. Contacts: By providing your email address below, you are providing consent to South Jersey Industries Inc. to send you the requested Investor Email Alert updates. If you have an ad-blocker enabled you may be blocked from proceeding. I highly recommend it (pick episodes around topics that interest you) for the amazing guests that come on with regularity. An energy drink targeting athletes and body builders. We will not release or resell your information to third parties without your permission. 2. Research suggests that boards of directors perform better if Takeover Industries, Inc. v. Stanley Barsch et al RSS Track this Docket Docket Report This docket was last retrieved on June 24, 2021. Utilities are kind of notorious for regulatory intervention. 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. 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. Contacts:Labor SMART, Inc.it@takeoverind.com. At South Jersey Industries Inc. , we promise to treat your data with respect and will not share your information with any third party. In fact, its stable of machine tool companies made it one of the top U.S. builders of the "mother" machines which make all machines. All rights reserved. Meet the founders behind the hottest new brands. This deal isn't out of the woods yet. Second, IFF is a financial buyer with a very long-term holding period as opposed to a strategic buyer. 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. DUBLIN, March 01, 2023--In accordance with Rule 2.12 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022 (the "Irish Takeover Rules"), Horizon confirms that, as of the close of business on . ATLANTA, March 17, 2021 (GLOBE NEWSWIRE) -- Labor SMART, Inc. (LTNC) (the Company), a leader in providing on-demand blue collar staffing primarily in the southeastern United States, transitioning into a diversified holding company, today announced it has signed a Memorandum of Understanding and will create a Joint Venture with Faith Springs, LLC d/b/a H2ForLife. I have no business relationship with any company whose stock is mentioned in this article. STE 118 52. Looking for a portfolio of ideas like this one? More importantly, it is a utility. Labor Smart, Inc. : Entry into a Material Definitive Agreement, Completion of Acquisition .. Copyright 2023 ACCESSWIRE. Conclusion AT&T's WarnerMedia unit and Discovery Inc said on Friday that the two firms have completed the merger. 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Manny Pacquiao said, NXT LVL Hydrogen Spring Water is my secret weapon for fast recovery & natural increased energy during training.. 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. No company that is worth $10+ billion acts in this way. 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. I have no business relationship with any company whose stock is mentioned in this article. Vision Tech's stock price is currently trading at $34 per share. To make the world smarter, happier, and richer. 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. 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. Also, in the announcement, it was disclosed that Mr. Joe Pavlik would be appointed as the new President and CEO of Labor Smart, Inc. Mr. Pavlik comes to the Company with over 20 years' experience as an executive, with extensive experience in all areas of the health, fitness and the performance nutrition industry. While this deal is awaiting approval, shareholders also receive dividends at quarterly intervals. GKN, which has had a hand in making everything from Minis to Spitfires, lost its battle to . Utility M&A is notoriously a treacherous field. That's like 3.5%+ on an annualized basis. Present: There is tremendous opportunity and potential for Takeover products. The company can then choose its destiny. #NXTLVLNation #NXTLVL 25 119 The spread of around ~5.5% stood out to me among pending deals. The detail page will show you the real-time trend, you can click into the MSN Money website for more details In . | Source: Investor Relations Overview. LTNC has a large block of MVCO stock on its balance sheet that is benefiting from the growth of Takeover. The company has a merger agreement with IFF -. We've built a foundation that management believes will deliver rapid growth and high value for our shareholders. An energy drink brand intermixed with NFT's. take over: [verb] to assume control or possession of or responsibility for. It serves customers primarily engaged in construction, freight handling, landscaping, warehousing, janitorial, disaster response, light manufacturing, retail, or wholesale operations. For More Information: The Motley Fool has a disclosure policy. The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. 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. Im very confident of our ability to bring new products to market with a long term, research driven, manufacturing partner like Faith Springs. 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. I am not receiving compensation for it (other than from Seeking Alpha). 29455 N Cave Creek Rd. 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. 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. ATLANTA, April 28, 2021 (GLOBE NEWSWIRE) -- Labor SMART, Inc. (LTNC) (the "Company"), announced that its recently acquired subsidiary, Takeover . 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 . Small cap utility trades at a 5.5% spread to the $36 acquisition price. Labor SMART believes it can make a positive contribution each and every day for the benefit of its clients and temporary employees. Cave Creek , AZ 85331. This was an easy decision as the proceeds will support more areas of our functional beverage brand development. 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 am not receiving compensation for it (other than from Seeking Alpha). The . To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. According to some resources, adding hydrogen gas to the water increases its health, wellness and antioxidant properties. 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. 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 spread is a juicy 5.5% (roughly $2 per share) and it could potentially close before yearend. The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. Manny Pacquiao & The Manny Pacquiao Foundation Sign Endorsement Deal with LTNC Takeover Industries April 18, 2021 9:15 ET| Source: Labor Smart, Inc 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. The company supplies general laborers on demand to the light industries, including manufacturing, logistics, and warehousing; and skilled trades' people and general laborers to commercial construction industries. 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. NXT LVL Hydrogen Water is Powered by H2forLife Technology which ensures a hydrogen water with the highest potency of active hydrogen to unlock the body's . Do not sell my personal infoPrivacy PolicyAssumption of Risk and Waiver of LiabilityContact Us, The ONLY Conference Dedicated to Convenience Category Managers. But you pick up dividends as you wait here worth $0.3193 per quarter per share. Copyright 2023 Surperformance. On February 27, 2021, Labor Smart, Inc. (the "Company") entered into a Stock Purchase Agreement (the "Agreement") with Takeover Industries, Inc. (the "Seller"). We also use them to share usage information with our partners. By providing my email, I consent to receiving investment related electronic messages from Stockhouse. The company was founded in 2011 and is based in Powder Springs, Georgia\". 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). Heres What Hedge Funds Think About Tootsie Roll Industries, Inc. (TR) Insider Monkey. 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. However, a few things are mitigating my concerns about this deal. Follow me on Twitter @Bramdehaas or email me Dehaas.Bram at Gmail. Can't expand too much on that but you know where I'm going here, I think. 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. In the winter of 1978, Houdaille common stock was selling for. All things considered, I think this is a reasonably attractive risk/reward and like this as an addition to my portfolio. Investopedia. Utility deals tend to be treacherous affairs.