Contacts:Labor SMART, Inc.ir@laborsmart.com. One of Britain's oldest engineering firms has been sold for 8.1bn to a controversial investment firm. Shareholders and interested parties are encouraged to follow @TakeoverJoe on Twitter for all future Company updates, which will include material information about the Company. Present: There is tremendous opportunity and potential for Takeover products. 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. 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 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. Labor SMART, Inc. provides On-Demand temporary labor to a variety of industries. The point is to make money with risks under control. Conclusion This will not change the Companys ticker symbol LTNC or the Companys name. It's not coming from any sources that can be considered authoritative. In the first 100 days, the NXT LVL brand was launched, entered into a unique endorsement and joint venture agreements, and launched three . AT&T's WarnerMedia unit and Discovery Inc said on Friday that the two firms have completed the merger. Cost basis and return based on previous market day close. Stockhouse.com is owned by Stockhouse Publishing Ltd. 2019 Stockhouse Publishing Ltd. All rights reserved. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. In the winter of 1978, Houdaille common stock was selling for. dfidell@sjindustries.com. The Company believes his experience will be instrumental in transformation for the future. I understand that's an awful lot of speculation but I'm confident in my assessment here. November 13, 2022. 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. 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. 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. 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.". *Average returns of all recommendations since inception. Utilities are kind of notorious for regulatory intervention. On February 27, 2021, Labor Smart, Inc. (the "Company") entered into a Stock Purchase Agreement (the "Agreement") with Takeover Industries, Inc. (the "Seller"). Time is of the essence. 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. 29455 N Cave Creek Rd. Stockhouse membership requires an email address which must be shared by Facebook. Dan FidellVice President of Investor Relations, 609-561-9000 ext 7027 My broker isn't exactly generous in providing margin to hold this stock. We will not release or resell your information to third parties without your permission. United States. Takeover Industries, Inc. is a subsidiary of Labor Smart, Inc. (LTNC) (the "Company"). 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. Small cap utility trades at a 5.5% spread to the $36 acquisition price. Follow me on Twitter @Bramdehaas or email me Dehaas.Bram at Gmail. 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. Normally, when a company takeover is announced, the share price of the target company rises to around the level of the offer price. The spread of around ~5.5% stood out to me among pending deals. Jason Tucker must stay on as President and will have absolute discretion to build his team for Takeover post deal. We need to drive revenue in a big way. 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. Let's all get on the same page with an agreement so we can move forward to the future. 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. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. From November, the dividend ticks up ever so slightly (to $0.3193), as agreed upon in the M&A agreement. 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. 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. This deal isn't out of the woods yet. Research suggests that boards of directors perform better if Members of Special Situation Report get exclusive access to our model portfolio. ATLANTA, April 28, 2021 (GLOBE NEWSWIRE) -- Labor SMART, Inc. (LTNC) (the "Company"), announced that its recently acquired subsidiary, Takeover . Latest NXT LVL product "final samples" are being produced & shipped over the next week. About Labor SMART, Inc. Consequently, the board is setting the option strike price substantially higher than the current stock price. Assuming LTNC does get a spin out done of Takeover, it's unlikely to be on a 1:1 share basis. 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. First off, this buyout happened at a fairly opportunistic time. I/we have a beneficial long position in the shares of SJI either through stock ownership, options, or other derivatives. Menu icon A vertical stack of three evenly . The company offers comprehensive assembly solutions to its many customers worldwide, including wire bonding equipment, packaging materials, and test interconnect products. All the information and ideas presented in this video are my own personal thoughts and ideas.video, music, and pictures provided by Storyblock.comIf you enjoy the content subscribe to the channel as I will continue the content. I'm confident Jason Tucker wishes to repair LTNC post spin out. The letter of intent contained a non-binding offer to purchase Takeover Industries in stock and assumed debt. 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. 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. The distinct regulatory path can take a long time and suddenly "out of nowhere" block a deal. The post cites as a source a tweet published on Monday by a self-described "gaming industry analyst" with the Twitter handle of Rythian. Please. At South Jersey Industries Inc. , we promise to treat your data with respect and will not share your information with any third party. As Chairman James Gissona will immediately being the process to put LTNC into receivership or custodianship with the following post deal goals: Mr. Gissona knows what needs to be done to get these checked off. You've already built some distribution and supply chain capabilities. 29455 N Cave Creek Rd. 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? 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. 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. As a result, its. The valuation for SJI doesn't look particularly rich even when it's trading with most of its merger premium included. 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 . 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. 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. 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 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. At the end of its most recently reported quarter, it had the equivalent of nearly $12 billion in cash and short-term investments and, surely, the ability to secure much more through various types of financing. For more information, visit:www.TakeoverInd.comand www.NXTLVLUSA.com Email:ir@takeoverind.com. All things considered, I think this is a reasonably attractive risk/reward and like this as an addition to my portfolio. If the market anticipates a better offer in the future, the share price will rise above the price extended to you. Cave Creek , AZ 85331. If this video was helpful please hit the like button.As always have a nice day!#LTNC #LaborSmartInc 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. Takeover Industries Incorporated: Defendant: Michael Holley, Chirine Holley, David Eisenberg and Unknown Eisenberg: Case Number: . I highly recommend it (pick episodes around topics that interest you) for the amazing guests that come on with regularity. Learn about the foreign exchange markets of yesteryear and today in this article exploring the past, present, and future of FX trading. You can sign up for additional alert options at any time. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. 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 . 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. The hot gossip is that none other than Japanese tech and entertainment giant Sony (SONY 2.88%) is the interested party. An energy drink brand intermixed with NFT's. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. 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. Takeover Industries has just passed its 100-day mark. The Company is now focused on its subsidiary, Takeover Industries Inc. and rapidly expanding the NXT LVL Line of functional beverage products." Normally that might not matter. He has already started recruiting industry experts to help. We look forward to launching our new, innovative hydrogen infused water formulation in the coming weeks. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. I pulled up Seeking Alpha's valuations for a set of peers: small-cap utility peer group valuations (Seeking Alpha). Vice President of Sales West 954.347.8960 But here, TO needs to raise capital and I believe will absolutely need to dilute. 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. The entire sales and fulfillment team stays on. InBev and Anheuser-Busch. take over: [verb] to assume control or possession of or responsibility for. 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 . This press release contains statements that constitute forward-looking statements. To make the world smarter, happier, and richer. The . 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!! Labor SMART, Inc. Utility M&A is notoriously a treacherous field. The company has a merger agreement with IFF -. 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. 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 . 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. Admittedly, a delay to Q1 2023 would not be that surprising. You must click the activation link in order to complete your subscription. It is currently one of the company's main operations and a major step to diversify the company's business from its personnel services. Phone. Takeover Industries shall issue 6.8 billion RESTRICTED shares of common stock to the shareholders of Labor Smart. 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. Team Takeover members launched major brands with top-tier distributors including Pepsi, Budweiser, Coors and Miller Distributors, Whole Foods, and brands such as Sobe, Arizona Iced Tea, Xyience, and Ignite International. Check it out here. At the beginning of the year, LTNC acquired Takeover Industries, which produces sports drinks, such as NXT LVL hydrogen water. Please disable your ad-blocker and refresh. 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 . al. Less likely Investment banks traditionally help companies raise capital Commercial banks The distinct regulatory path can take a long time and suddenly "out of nowhere" block a deal. The consensus among analysts is that the intrinsic value of Vision Tech's stock is $27 per share. 1. 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. 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. But what about the LTNC shareholders? I'm interested in what quants do, options traders do, and even what WallStreetBets is doing (keep your friends close and). 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. 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. 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. Im very confident of our ability to bring new products to market with a long term, research driven, manufacturing partner like Faith Springs. Learn More. CF Industries Holdings, Inc. is an American manufacturer and distributor of agricultural fertilizers, including ammonia, urea, and ammonium nitrate products, based in Deerfield, Illinois, a suburb of Chicago. Metavesco is a publicly traded web 3 enterprise. Sell some MVCO, buyback some LTNC, do a reverse merger..really whatever the shareholders decide they want it to be. 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. I believe this opportunity is being hamstrung by internal issues. https://twitter.com/StanTradingMan/status/1366183816126214149 . 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. South Jersey Industries, Inc. (NYSE:SJI) is a small utility with a market cap of ~$3 billion, primarily serving New Jersey customers. All sign mutual liability releases. Sell Takeover to Metavesco for 1 million MVCO shares. Ryan SchadelPresident - Metavesco, Inc., a web3 enterprise. 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. 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. You owe a sizeable amount of money to at least 2 people/entities for development of Takeover. 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 . 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 . For example, in 2015, ketchup maker H.J. 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. 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. Faith Springs, LLC, Blue Ridge, GA is a privately held health company that manufacturers and develops various products. Labor Smart, Inc 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. Heres What Hedge Funds Think About Tootsie Roll Industries, Inc. (TR) Insider Monkey. Labor SMART, Inc. Completes Acquisition of Takeover Industries, Inc. CEO to Retire Half Billion Shares . An energy drink targeting athletes and body builders. 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.
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