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. 29455 N Cave Creek Rd. 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. More importantly, it is a utility. The Company believes his experience will be instrumental in transformation for the future. Elon Musk wants to build the next ChatGPT. Cookies are used to offer you a better browsing experience and to analyze our traffic. 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. Normally that might not matter. Admittedly, a delay to Q1 2023 would not be that surprising. First off, this buyout happened at a fairly opportunistic time. Labor Smart, Inc. : Entry into a Material Definitive Agreement, Completion of Acquisition .. Discovery, will start trading on Nasdaq on Monday. | Source: The company offers comprehensive assembly solutions to its many customers worldwide, including wire bonding equipment, packaging materials, and test interconnect products. Feb. 28 - March 2, 2023 JW Marriott Bonnet Creek, Orlando, FL. South Jersey Industries, Inc. (NYSE:SJI) is a small utility with a market cap of ~$3 billion, primarily serving New Jersey customers. ATLANTA, April 28, 2021 (GLOBE NEWSWIRE) -- Labor SMART, Inc. (LTNC) (the "Company"), announced that its recently acquired subsidiary, Takeover . Pursuant to the Agreement, the Seller became a wholly owned subsidiary of the Company. The entire sales and fulfillment team stays on. STE 118 52 Cave Creek , AZ 85331United States. al. This deal isn't out of the woods yet. Takeover Industries has developed the next generation performance water for everyone from athletes to seniors looking to achieve optimal health, performance and overall wellness. 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. Let's all get on the same page with an agreement so we can move forward to the future. 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 6.05%) on Thursday. 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 Sobe . A hot rumor was behind the significant upward move. Hydrogen water is spring water with hydrogen gas infused and suspended into the water. InBev offered to buy Anheuser-Busch for $65 . Copyright 2023 Surperformance. 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. Sell some MVCO, buyback some LTNC, do a reverse merger..really whatever the shareholders decide they want it to be. This video is going to be about Labor Smart, Inc (LTNC) \"They provide temporary blue-collar staffing services primarily in the United States. April 16, 2021 - 8:25 am. He has already started recruiting industry experts to help. Industry: Catalog and mail-order houses , Beverages, except coffee and tea Printer Friendly View Address: 29455 N Cave Creek Rd Ste 118525 Cave Creek, AZ, 85331-3245 United States Phone: Website: www.takeoverind.com Employees (all sites): Actual Revenue: Modelled Year Started: ESG ranking: ESG industry average: What is D&B's ESG Ranking? 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. Takeover Industries, Inc. v. Stanley Barsch et al RSS Track this Docket Docket Report This docket was last retrieved on June 24, 2021. Here is my pitch on why this is the way for LTNC shareholders. Eric Volkman has no position in any of the stocks mentioned. Faith Springs, LLC, Blue Ridge, GA is a privately held health company that manufacturers and develops various products. Significant cross-selling opportunities have been identified with Specialty Polymers, both in aerospace and automotive, as well as with Novecare in oil & gas, agrochemicals and electronics. Its been touted for its ability to improve cellular energy, support the aging process, and improve muscle recovery after a workout. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. -, 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. Is this happening to you frequently? 1. If this video was helpful please hit the like button.As always have a nice day!#LTNC #LaborSmartInc Takeover Industries, Inc agreed to acquire Labor Smart, Inc. (OTCPK : LTNC) in a reverse merger transaction for approximately $240 million on February 28, 2021. In addition, the break price could potentially be around ~$28 instead of $24. This will equate to a reverse split of everyone's equity position. It's not coming from any sources that can be considered authoritative. Consequently, the board is setting the option strike price substantially higher than the current stock price. This needs to be done yesterday. 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. Second, IFF is a financial buyer with a very long-term holding period as opposed to a strategic buyer. 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. Toby, Joe, Mike keep 100 million common shares and send anything over that amount to the LTNC treasury for cancellation. I'm confident Jason Tucker wishes to repair LTNC post spin out. Metavesco assumes that debt. Mike.T@Takeoverind.com, Discover new solutions and ideas from our supplier partners. Takeover Explained. I highly recommend it (pick episodes around topics that interest you) for the amazing guests that come on with regularity. Heinz Co and Kraft Foods Group Inc merged their business to become Kraft Heinz Company, a leading global food . Contacts:Labor SMART, Inc.it@takeoverind.com. Winsight is a leading B2B information services company focused on the food and beverage industry, providing insight and market intelligence to business leaders in every channel consumers buy food and beverage convenience stores, grocery retailing, restaurants and noncommercial foodservice through media, events, data products, advisory services, and trade shows. The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. 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. 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. Mr. Schadel participated in a live Q & A after this announcement, which can be replayed here: If you have an ad-blocker enabled you may be blocked from proceeding. Reading through the filings the issue isn't even repayment, its more an issue of infighting and governance. Access additional case information on PACER Use the links below to access additional information about this case on the US Court's PACER system. 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. Hopefully you enjoy the video! 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. As previously stated, we expect to have our first product available for purchase before Easter.. I have no business relationship with any company whose stock is mentioned in this article. Shareholders and interested parties are encouraged to follow @TakeoverJoe on Twitter for all future Company updates, which will include material information about the Company. 2. While this deal is awaiting approval, shareholders also receive dividends at quarterly intervals. 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. Everyone calls their lawyer and stops all actions against each other. I believe this opportunity is being hamstrung by internal issues. 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. Shareholders of Labor Smart will want to know what's included in this LOI. Neither Take-Two nor Sony has yet commented on this speculation. Manny Pacquiao & The Manny Pacquiao Foundation Sign Endorsement Deal with LTNC Takeover Industries April 18, 2021 9:15 ET| Source: Labor Smart, Inc June 07, 2021 08:40 ET 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. This deal isn't out of the woods yet. take over: [verb] to assume control or possession of or responsibility for. 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. Do not sell my personal infoPrivacy PolicyAssumption of Risk and Waiver of LiabilityContact Us, The ONLY Conference Dedicated to Convenience Category Managers. *Average returns of all recommendations since inception. 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. That's not an insignificant amount on a $3 billion market cap utility and comes to $2 of value per share in case of a deal break. You've already built some distribution and supply chain capabilities. Conclusion 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. 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. If the market anticipates a better offer in the future, the share price will rise above the price extended to you. 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. Labor Smart, Inc is vulnerable to a hostile takeover that benefits no one, and I'm not talking about from Toby, Mike, et. Phone. Utility M&A is notoriously a treacherous field. All rights reserved. Latest NXT LVL product "final samples" are being produced & shipped over the next week. This will not change the Companys ticker symbol LTNC or the Companys name. Amy Marcen-Gaudaur, Sherri M. Altshuler, Melanie Cole, Adria Leung Lim, Sean Green and Barbara Worndl. 10h Dismissal: Another win for both the shareholders & TO team as we now can get back focused on building a profitable beverage business. This eclectic and creative style of investing seems to suit my personality and interests most closely. United States. Delayed OTC Markets 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. TDs (TSX:TD) $13.4 billion First Horizon acquisition delayed again? My roots are in the value school but over time I've learned to respect different approaches. Safe Harbor Statement No company that is worth $10+ billion acts in this way. The investor pages that follow are your resource for financial information about South Jersey Industries. 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. Please disable your ad-blocker and refresh. The resultant company, Warner Bros. In 2018 I founded Starshot Capital B.V. A Dutch AIF manager. 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. I/we have a beneficial long position in the shares of SJI either through stock ownership, options, or other derivatives. Labor SMART believes it can make a positive contribution each and every day for the benefit of its clients and temporary employees. 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 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). To make the world smarter, happier, and richer. Takeover Industries, Inc. is a subsidiary of Labor Smart, Inc. (LTNC) (the "Company"). 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. Smash that like button and subscribe to the channel and as always have a good day!Sources:https://www.globenewswire.com/news-release/2021/03/01/2184340/0/en/Labor-SMART-Inc-Completes-Acquisition-of-Takeover-Industries-Inc.html\\https://twitter.com/cryanschadel?s=21Join this channel to get access to perks:https://www.youtube.com/channel/UCcoE3R47xyO1ApE-A3EjZhA/join FOLLOW ME:Instagram: https://www.instagram.com/murphy4848/Twitter: https://twitter.com/LucasMurphy4848EMAIL: lmurphy4811@gmail.comEquipment-Mouse pad-https://amzn.to/3c1dNQxBlue Yeti -https://amzn.to/2WiPYNEUSB Port-https://amzn.to/2YsC66cBeats-https://amzn.to/3b1s4f1Acer Dual Screen-https://amzn.to/3ffkIrxThe Coffee Grind: https://coffeegrindco.com/Use #STOCKGRINDER for 10% off your purchaseRaze Energy: https://reppsports.com/Use promo code LMYC48 and receive 15% off your purchase order!! The Company's clients range from small businesses to Fortune 100 companies. 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. Labor Smart, Inc Utility deals tend to be treacherous affairs. That said, Sony has plenty of financial muscle for a big-ticket acquisition should it want to bulk up in the video game segment. The company can then choose its destiny. 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. For More Information: Mergers Mergers Merger refers to a strategic process whereby two or more companies mutually form a new single legal venture. Musk's new AI project could have the same effect as his Twitter takeover. The company recently reported the process is on track and expected to close Q4 2022. At South Jersey Industries Inc. , we promise to treat your data with respect and will not share your information with any third party. Apparently, a big name in tech and entertainment is considering making a play for Take-Two. 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 . A Euronext spokeswoman declined to comment . I am not receiving compensation for it (other than from Seeking Alpha). In consideration therefor, the Company shall issue 6,800,000,000 RESTRICTED shares of . Follow me on Twitter @Bramdehaas or email me Dehaas.Bram at Gmail. 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. 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. This should be easy to bolt on and build from a different audience. By providing my email, I consent to receiving investment related electronic messages from Stockhouse. The Company is now focused on its subsidiary, Takeover Industries Inc. and rapidly expanding the NXT LVL Line of functional beverage products.. If I take in all the above, I'm inclined to believe the market may somewhat overestimate the risk of a deal break. In . According to some resources, adding hydrogen gas to the water increases its health, wellness and antioxidant properties. Dec 28, 2021. The distinct regulatory path can take a long time and suddenly "out of nowhere" block a deal. Takeover Industries Inc. In the first 100 days, the NXT LVL brand was launched, entered into a unique endorsement and joint venture agreements, and launched three . 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. Jason Tucker must stay on as President and will have absolute discretion to build his team for Takeover post deal. 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. This press release contains statements that constitute forward-looking statements. The post cites as a source a tweet published on Monday by a self-described "gaming industry analyst" with the Twitter handle of Rythian. Investor Relations Overview. South Jersey Industries, Inc. ( NYSE: SJI) is a small utility with a market cap of ~$3 billion, primarily serving New Jersey customers. 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 . 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. All sign mutual liability releases. Tootsie Roll Industries (NYSE:TR) Shareholders Have Enjoyed A 57% Share Price Gain. If the deal breaks, the losses could very well amount to something like $8 to $12 per share. Shareholders and interested parties are encouraged to follow @TakeoverJoe on Twitter for all future Company updates, which will include material information about the Company. 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). I have been doing research in ways to solve global issues since 1994. On May 30, 2019, Harborside Inc. (formerly Lineage Grow Company Ltd.) ("Harborside" or the "Company"), completed its reverse takeover of FLRish, Inc. (d/b/a Harborside) ("FLRish") pursuant to the terms of a merger agreement among the . My broker isn't exactly generous in providing margin to hold this stock. We will launch two new product lines. You can sign up for additional alert options at any time. Copyright 2023 ACCESSWIRE. 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. It is what it is. Making the world smarter, happier, and richer. Small cap utility trades at a 5.5% spread to the $36 acquisition price. But you pick up dividends as you wait here worth $0.3193 per quarter per share. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. LTNC peaked at $0.08 at the end of March but since then has crashed over 80%, leaving disgruntled shareholders sitting on huge losses. Takeover Industries, home of NXT LVL @TakeoverInd Takeover Industries Inc | Official Home of NXT LVL Hydrogen Rich Water & Innovative Fitness Technology Performance Beverages #NXTLVL#NXTLVLNation#TeamNXTLVLUp Nevada nxtlvlusa.com/collections/dr Joined February 2021 Tweets 2022 Twitter About Help Center Terms Privacy policy Cookies But what about the LTNC shareholders? Announces Executive Changes, Labor Smart : Shareholder Update (Form 8-K). It serves customers primarily engaged in construction, freight handling, landscaping, warehousing, janitorial, disaster response, light manufacturing, retail, or wholesale operations. 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. 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. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Since the announcement date, the utility index is up about 10.6%: But SJI is still trading around ~$34 per share. 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. As a result, its. On June 22nd, Stan deleted his Twitter account and LTNC's parent company Takeover Industries is suing Mr Barsch for stock manipulation.