Welcome to our dedicated page for Labor Smart news (Ticker: LTNC), a resource for investors and traders seeking the latest updates and insights on Labor Smart stock.
Labor Smart Inc. (LTNC) operates as a diversified holding company focused on brand development, manufacturing, and distribution across consumer goods sectors. This page serves as the definitive source for LTNC-related news, providing investors and stakeholders with timely updates on strategic initiatives.
Access official press releases, earnings announcements, and operational developments in one centralized location. Track the company's progress in functional beverages, snack foods, and nutraceuticals through verified updates about acquisitions, partnerships, and product launches.
Key content includes financial disclosures, leadership updates, and market expansion reports. All materials are sourced directly from company communications to ensure accuracy and compliance with financial reporting standards.
Bookmark this page for streamlined access to LTNC's evolving business strategy and industry positioning. Regularly updated to reflect the latest developments impacting the company's diversified portfolio.
Labor Smart has retained Glendale Securities to file Form 15c2-11 to enhance LTNC's trading status. This move transitions LTNC from unsolicited to solicited quotes, broadening its market reach and liquidity. The initiative aims to increase visibility among brokers and investors. CEO Tom Zarro emphasizes this step's alignment with Labor Smart's growth strategy, aiming to boost investor confidence and maximize shareholder value. Additionally, Labor Smart has opened an investment trading account with Glendale Securities, preparing for potential stock buyback opportunities. The filing process is expected to take three months.
Labor Smart's subsidiary, Next Gen Beverages, conducted a town square event on X (formerly Twitter) on June 18th. They announced UFC Champion Rose Namajunas and MMA fighter Alyse Anderson as brand ambassadors for their performance drink, LOCK'DIN. CEO Tom Zarro emphasized the resilience, precision, and champion mindset of Namajunas, aligning her traits with the brand's values.
Preliminary second-quarter sales figures were shared: April ~$114,000, May ~$78,000, and June ~$50,000 (projected). Although the team is not satisfied with these results, they plan to enhance direct-to-consumer channels before expanding retail.
Michael Araghi was elected to the Board of Directors and will become President of Next Gen Beverages on July 1st. Lastly, they launched a -edition "Freedom" Hydrogen Water for Independence Day.
Labor Smart, through its subsidiary Next Gen Beverages, has announced a strategic partnership with the Association of Pickleball Players (APP). LOCK'DIN Beverages, known for its Hydrogen Rich Water (HRW), is now the Official Hydrogen Water of the APP. This collaboration aims to introduce HRW's performance, wellness, and recovery benefits to pickleball players—a rapidly growing sport in the USA and globally. LOCK'DIN Beverages will sponsor various APP events in 2024, starting with the APP Chicago Open from Aug. 28 to Sep. 1. The initiative aims to position HRW as a leading functional water for athletes.
Labor Smart (OTC PINK:LTNC) held a town square event on X Spaces on May 14, 2024. Through its subsidiary, Next Gen Beverages, the company discussed various topics including new products, such as a new flavor POG, and introduced Chad Owens as their new Ambassador and Sales Distribution Partner for Hawaii. The company mentioned potential share reduction strategies with a buyback value of $400,000 and the initiation of a company trading account for future buybacks. Distribution opportunities in Asia and Dubai are still in process. The company will use a 5-day extension window for Q1 filings. Additionally, their LOCK'DIN trademark has been published without opposition.
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