Research suggests that boards of directors perform better if 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. 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. Gentlemen of the Board of Directors of Labor Smart, Inc., Please see the attached Non-Binding LOI for the acquisition of Takeover Industries, Inc. from Labor Smart, Inc., by Metavesco, Inc. 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. Takeover Industries has just passed its 100-day mark. 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. Small cap utility trades at a 5.5% spread to the $36 acquisition price. 954.347.8960. Labor Smart, Inc is vulnerable to a hostile takeover that benefits no one, and I'm not talking about from Toby, Mike, et. -, 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. About Labor SMART, Inc. Elon Musk wants to build the next ChatGPT. Takeover Industries has just passed its 100-day mark. Here is my pitch on why this is the way for LTNC shareholders. The distinct regulatory path can take a long time and suddenly "out of nowhere" block a deal. al. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. 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. Please see the attached Non-Binding LOI for the acquisition of Takeover Industries, Inc. from Labor Smart, Inc., by Metavesco, Inc. Shareholders and interested parties are encouraged to follow @TakeoverJoe on Twitter for all future Company updates, which will include material information about the Company. But you pick up dividends as you wait here worth $0.3193 per quarter per share. More importantly, it is a utility. 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. 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!! 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. 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. Cost basis and return based on previous market day close. An energy drink targeting athletes and body builders. In addition to serving as a Senator of the Philippines, Pacquiao is also the founder of the Manny Pacquiao Foundation (MPF), a California based non-profit, fighting for those less fortunate and spreading hope around the world. 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. Lucid Group Inc.'s stock on Thursday was on track to mark its biggest drop in more than a year, after quarterly results that did little to allay ongoing concerns about the electric-vehicle maker. My solution for both is simple in nature so Ill present it here in that way in a stream of consciousness manner. You can sign up for additional alert options at any time. Labor SMART, Inc. provides On-Demand temporary labor to a variety of industries. For More Information: From November, the dividend ticks up ever so slightly (to $0.3193), as agreed upon in the M&A agreement. The company recently reported the process is on track and expected to close Q4 2022. 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. Shareholders of Labor Smart will want to know what's included in this LOI. Manny Pacquiao said, NXT LVL Hydrogen Spring Water is my secret weapon for fast recovery & natural increased energy during training.. 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. If I take in all the above, I'm inclined to believe the market may somewhat overestimate the risk of a deal break. 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. 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. 1. In . Contacts: Heinz Co and Kraft Foods Group Inc merged their business to become Kraft Heinz Company, a leading global food . Invest better with The Motley Fool. I pulled up Seeking Alpha's valuations for a set of peers: small-cap utility peer group valuations (Seeking Alpha). Tootsie Roll Industries (NYSE:TR) Shareholders Have Enjoyed A 57% Share Price Gain. Cave Creek , AZ 85331. 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. Takeover Industries shall issue 6.8 billion RESTRICTED shares of common stock to the shareholders of Labor Smart. Toby, Joe, Mike keep 100 million common shares and send anything over that amount to the LTNC treasury for cancellation. To make the world smarter, happier, and richer. 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. As a result, its. 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 distinct regulatory path can take a long time and suddenly "out of nowhere" block a deal. 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. 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. All sign mutual liability releases. The company has a merger agreement with IFF - Infrastructure Investments Fund to be taken private at $36 per share. Please disable your ad-blocker and refresh. Consequently, the board is setting the option strike price substantially higher than the current stock price. Delayed OTC Markets The . Menu icon A vertical stack of three evenly . In addition, the break price could potentially be around ~$28 instead of $24. Contacts:Labor SMART, Inc.ir@laborsmart.com. I could earn a commission if you click through and make a purchase or subscribe.I am not a financial advisor. You owe a sizeable amount of money to at least 2 people/entities for development of Takeover. This needs to be done yesterday. A more recent docket listing may be available from PACER . LTNC has a large block of MVCO stock on its balance sheet that is benefiting from the growth of Takeover. Labor SMART, Inc. In June 2008, Euro-Brazilian beverage company, InBev, made an unsolicited bid for iconic American beer brewer, Anheuser-Busch. You must click the activation link in order to complete your subscription. April 16, 2021 - 8:25 am. 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. 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. The investor pages that follow are your resource for financial information about South Jersey Industries. Financial Market Data powered by QuoteMedia. 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). Phone. I understand that's an awful lot of speculation but I'm confident in my assessment here. #NXTLVLNation #NXTLVL 25 119 South Jersey Industries, Inc. (NYSE:SJI) is a small utility with a market cap of ~$3 billion, primarily serving New Jersey customers. For more information, visit:www.TakeoverInd.comand www.NXTLVLUSA.com Email:ir@takeoverind.com. Pursuant to the Agreement, the Seller became a wholly owned subsidiary of the Company. Assuming LTNC does get a spin out done of Takeover, it's unlikely to be on a 1:1 share basis. Utilities are kind of notorious for regulatory intervention. Normally that might not matter. We've built a foundation that management believes will deliver rapid growth and high value for our shareholders. Present: There is tremendous opportunity and potential for Takeover products. Safe Harbor Statement 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. In the tweet, Rythian claimed to "have it on extremely good word that if Microsoft acquires Activision Blizzard, Sony is going after Take-Two Interactive to counter it.". We put together employment agreements and add on equity compensation for milestones. Twitter FURUs continuously say that this stock will be worth $1-$5 long-term. The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. The Company also operates a restaurant franchise and is seeking additional opportunities outside of the staffing industry. More importantly, it is a utility. My broker isn't exactly generous in providing margin to hold this stock. Tootsie Roll Industries, Inc., together with its subsidiaries, engages in manufacture and sale of . --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.. Takeover Industries has developed the next generation performance water for everyone from athletes to seniors looking to achieve optimal health, performance and overall wellness. Takeover Industries, Inc agreed to acquire Labor Smart, Inc. (OTCPK : LTNC) in a reverse merger transaction for approximately $240 million on February 28, 2021. Is Vision Tech more or less likely to receive a hostile takeover bid? Looking for a portfolio of ideas like this one? I'm interested in what quants do, options traders do, and even what WallStreetBets is doing (keep your friends close and). Boxing champion Manny Pacquiao is regarded as one of the greatest professional boxers of all-time and is the only boxer in history to win titles in eight different weight classes. That's like 3.5%+ on an annualized basis. Less likely Investment banks traditionally help companies raise capital Commercial banks No company that is worth $10+ billion acts in this way. 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 . 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. Follow me on Twitter here. 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. 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. The live announcement can be replayed here: https://twitter.com/CRyanSchadel/status/1366149809397248002 . 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. I wrote this article myself, and it expresses my own opinions. ir@laborsmart.com, Get the latest news and updates from Stockhouse on social media, Stockhouse.com uses cookies on this site. Hopefully you enjoy the video! dfidell@sjindustries.com. In the announcement, Ryan Schadel, outgoing President and CEO of Labor Smart, Inc. announced he was canceling and retiring 500 million shares of Labor Smart, Inc. common stock that was removed from the tradeable float. 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. 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 . The detail page will show you the real-time trend, you can click into the MSN Money website for more details November 13, 2022. This video is going to be about Labor Smart, Inc (LTNC) \"They provide temporary blue-collar staffing services primarily in the United States. 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. 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. I hear it is, but is it? Reading through the filings the issue isn't even repayment, its more an issue of infighting and governance. More information about the potential factors that could affect the business and financial results is included in the Company's filings on sec.gov. Stockhouse membership requires an email address which must be shared by Facebook. 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. 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 . 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). That said, Sony has plenty of financial muscle for a big-ticket acquisition should it want to bulk up in the video game segment.

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