Labor Smart Inc Stock Price, News & Analysis

Labor SMART, Inc. (LTNC) announced the integration of TrueCommerce’s Pack & Ship solution with its Shopify storefront and QuickBooks system for its NXT LVL Products. This partnership aims to enhance its unified commerce initiatives, facilitating better operational efficiency and shipping accuracy. TrueCommerce's solution consolidates shipping, order processing, and compliance tasks, leveraging a vast network of over 120,000 trading partners.

CEO Joe Pavlik expressed optimism about the potential of integrated platforms to elevate their omnichannel strategies.

Labor SMART, Inc. (LTNC) has announced a Joint Venture Agreement with boxing legend Manny Pacquiao, through its subsidiary Takeover Industries Inc., to manufacture NXT LVL products in the Philippines for Asian distribution. This collaboration aims to leverage Takeover’s expertise in the health beverage sector and Pacquiao’s extensive network to enhance product reach. The Asia-Pacific non-alcoholic beverage market, valued at $422.18 billion by 2026, presents substantial growth potential for NXT LVL products, facilitating quick production ramp-up and market penetration.

Labor SMART, Inc. (LTNC) has announced an endorsement deal with boxing champion Manny Pacquiao and The Manny Pacquiao Foundation through its subsidiary, Takeover Industries Inc. This partnership is centered around promoting NXT LVL Hydrogen Water, aimed at enhancing health and athletic performance. Manny Pacquiao expressed enthusiasm for the collaboration while emphasizing the health benefits of Hydrogen Water. The initiative aims to further the mission of the Manny Pacquiao Foundation, which focuses on helping those in need.

Labor SMART, Inc. (LTNC) announced the formation of its National Sales Dream Team at its subsidiary, Takeover Industries Inc. The team comprises three industry veterans with extensive experience in the beverage sector. Led by Vice President of Sales Michael Tzanetatos, with over 20 years in the industry, the team aims to successfully launch NXT LVL Hydrogen Water and other products. Co-Founders Toby McBride and Mike Holley, both former IGNITE Beverage executives, join the team, which collectively holds over 100 years of industry experience.

Labor SMART, Inc. (LTNC) announced a Joint Venture with Faith Springs, LLC to market and promote hydrogen water products utilizing H2ForLife® technology. The agreement grants LTNC a minority equity stake and exclusive marketing rights for two years. The hydrogen-rich spring water, claimed to enhance cellular functions, is processed from pure mountain spring water. CEO Joe Pavlik highlighted this milestone as a foundation for future product development, with expectations to launch a new hydrogen-infused water product before Easter.

Labor Smart, Inc. (LTNC) has announced the acquisition of Takeover Industries, Inc., a pre-revenue beverage company, in a deal involving the issuance of 6.8 billion common shares, restricted for 12 months. This acquisition marks a significant shift towards diversification for Labor Smart. Outgoing CEO Ryan Schadel will retire 500 million shares, thus reducing the tradeable float. Joe Pavlik will take over as the new CEO, bringing over 20 years of executive experience. The company aims to enhance shareholder relations and explore new opportunities in the functional beverage sector.

Labor Smart, Inc. (LTNC) recently provided updates on its business developments on February 22, 2021. The company, known for blue collar staffing in the southeastern US, is transitioning to a diversified holding firm. It has taken steps to comply with new SEC regulations to enhance investor transparency, including submitting an application to become current on otcmarkets.com. Additionally, LTNC is actively pursuing acquisitions, including opportunities in the beverage industry. The company currently operates a pizzeria franchise and plans to rename itself to reflect its new status.

Labor Smart, Inc. (LTNC) has announced it will accept Bitcoin and Ethereum as payment for its staffing services starting mid-March 2021. This initiative is aimed at enhancing client flexibility while reducing the processing fees associated with traditional payment methods like credit cards and checks. CEO Ryan Schadel emphasized that adopting cryptocurrency positions the company as a forward-thinking leader in the staffing sector. This move coincides with Labor Smart’s intention to become current with otcmarkets.com disclosures.

Labor Smart, Inc. (LTNC) announces its response to the SEC’s amendments to Rule 15c2-11, which may impact non-reporting issuers like itself by reducing liquidity and valuations. CEO Ryan Schadel stated that the company is applying for compliance with the Alternative Reporting Standard to protect shareholder value. The firm previously stopped SEC reporting in 2016. Labor Smart discloses information through its official Twitter handles and will file the press release with the SEC to notify them of the compliance intent.