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. 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. It was founded in 1946 as the Central Farmers Fertilizer Company. 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. I'm unsure what the strategy will be. Elon Musk wants to build the next ChatGPT. Utilities are kind of notorious for regulatory intervention. Labor SMART believes it can make a positive contribution each and every day for the benefit of its clients and temporary employees. Mergers Mergers Merger refers to a strategic process whereby two or more companies mutually form a new single legal venture. The fuel for this rumor appears to be a Thursday morning post on a relatively obscure entertainment website called Xfire. No company that is worth $10+ billion acts in this way. Cookies are used to offer you a better browsing experience and to analyze our traffic. I have no business relationship with any company whose stock is mentioned in this article. 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. It is what it is. The live announcement can be replayed here: https://twitter.com/CRyanSchadel/status/1366149809397248002 . Danny Day, head of research and development for Faith Springs LLC, ranked one of the worlds Bravest Thinkers by Atlantic Magazine, is excited about the partnership. https://twitter.com/StanTradingMan/status/1366183816126214149 . For More Information: 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). We will not release or resell your information to third parties without your permission. !Webull Referral: https://act.webull.com/n/pgdglbN3EIff/qxa/If your interested in opening a brokerage account click on the link above and start trading!DISCLOSURE: Some of the links that are connected to this page are affiliate links, which means, this is no additional cost to you. Takeover Industries, Inc completed the acquisition of Labor Smart, Inc. (OTCPK : LTNC) in a reverse merger transaction on March 1, 2021. Twitter FURUs continuously say that this stock will be worth $1-$5 long-term. Takeover Explained. I/we have a beneficial long position in the shares of SJI either through stock ownership, options, or other derivatives. Is this happening to you frequently? But this may not be . This last part might be a bit tough for everyone to get their head around. 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. All rights reserved. Looking for a portfolio of ideas like this one? Check it out here. The Company believes his experience will be instrumental in transformation for the future. Shareholders of Labor Smart will want to know what's included in this LOI. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. I believe building Takeover Industries as a wholly owned subsidiary of Metavesco will be a huge benefit to MVCO shareholders and to the NXT LVL brand. The average Takeover Industries, stock forecast 2027 represents a -70.82% decrease from the last price of $0.00219999998807907. 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. If this video was helpful please hit the like button.As always have a nice day!#LTNC #LaborSmartInc 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 . Taste Radio: Mr. take over: [verb] to assume control or possession of or responsibility for. 954.347.8960. In consideration therefor, the Company shall issue 6,800,000,000 RESTRICTED shares of . Let's get them runway to do so. Follow me on Twitter here. Labor SMART, Inc. By providing my email, I consent to receiving investment related electronic messages from Stockhouse. Disclosure: I/we have a beneficial long position in the shares of SJI either through stock ownership, options, or other derivatives. 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. We need to drive revenue in a big way. ir@laborsmart.com, Get the latest news and updates from Stockhouse on social media, Stockhouse.com uses cookies on this site. 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. A group of private equity firms, including Blackstone Group, Carlyle Group and Hellman & Friedman, agreed to buy a majority stake in medical supply manufacturer and distributor Medline. 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. On June 22nd, Stan deleted his Twitter account and LTNC's parent company Takeover Industries is suing Mr Barsch for stock manipulation. An energy drink targeting athletes and body builders. 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. Present: There is tremendous opportunity and potential for Takeover products. I wrote this article myself, and it expresses my own opinions. 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 you pick up dividends as you wait here worth $0.3193 per quarter per share. You must click the activation link in order to complete your subscription. The Company's clients range from small businesses to Fortune 100 companies. #15 Exhibit J - Text Directing Holley Not to Give Tucker Access to Bank Accounts, #16 Exhibit K - Stock Purchase Agreement, #17 Exhibit L - SEC Form 8K, #18 Exhibit M - LTNC's SEC Form 8K, #19 Exhibit N - LTNC . 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. The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. Utility M&A is notoriously a treacherous field. Conclusion 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. United States. The company sup. View the, https://twitter.com/CRyanSchadel/status/1366149809397248002, https://twitter.com/StanTradingMan/status/1366183816126214149, The Market Heralds Weekly Cannabis Report Mar 3, 2023, @ the Bell: TSX in the green though rate hikes loom. Investor Relations Overview. Eric Volkman has no position in any of the stocks mentioned. The consensus among analysts is that the intrinsic value of Vision Tech's stock is $27 per share. Labor Smart, Inc. : Entry into a Material Definitive Agreement, Completion of Acquisition .. 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. At the beginning of the year, LTNC acquired Takeover Industries, which produces sports drinks, such as NXT LVL hydrogen water. dfidell@sjindustries.com. The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. I believe this opportunity is being hamstrung by internal issues. Discovery, will start trading on Nasdaq on Monday. I'll adhere to etiquette and not make the LOI itself public, but I will publish this open letter as sort of a TL:DR. Apparently, a big name in tech and entertainment is considering making a play for Take-Two. 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 . 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. Not So Sweet News For Some Brands? 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 . April 16, 2021 - 8:25 am. The point is to make money with risks under control. MHW: Values-Based Gen-Z Driving Alcohol Trends; E-Comm Could See More M&A, Expo West Preview: Alt-Milk Innovators Build Around Clean Ingredients, Baristas, Expo West 2023: New Products From La Colombe, Sanzo, Machu Picchu and More, Download the BevNET & NOSH Insider Booth Planner for Expo West 2023, Pickle Juice Brings Functional Heat with New Chili Lime Shot, C4 Smart Energy Takes Focus at SXSW 2023 As The Official Energy Drink Brand, CELSIUS Celebrates Launch of New Fantasy Vibe Flavor With Celebrity Oceanfront Event In Malibu, Mela Water to Debut at Natural Products Expo West, Waterloo Launches Two New Flavors and Teams Up With Chef Curtis Stone, GURU Organic Energy Appoints Rajaa Grar as Chief Revenue Officer, Hot Out The Oven! The spread is a juicy 5.5% (roughly $2 per share) and it could potentially close before yearend. An energy drink brand intermixed with NFT's. June 07, 2021 08:40 ET In the first 100 days, the NXT LVL brand was launched, entered into a unique endorsement and joint venture agreements, and launched three products into the US market. is on the juicy side. To make the world smarter, happier, and richer. I'm not here to judge. Investor Insight Here, POET Technologies: Making the Internet Faster, Pelangio Announces Commencement for their 1,000 meter Diamond Drilling Project, Next level energy: Three Sixty Solar (NEO:VSOL) reports on tower benefits & durability, Adastra Holdings (CSE:XTRX) receives Health Canada approval to produce cocaine, Indigo (TSX:IDG) responds with 'we're not going to take it,' after ransomware attack. Sell Takeover to Metavesco for 1 million MVCO shares. We put together employment agreements and add on equity compensation for milestones. I have no business relationship with any company whose stock is mentioned in this article. 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 . Metavesco is a publicly traded web 3 enterprise. I understand that's an awful lot of speculation but I'm confident in my assessment here. Menu icon A vertical stack of three evenly . *Average returns of all recommendations since inception. 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 . Utilities are kind of notorious for regulatory intervention. 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. The letter of intent contained a non-binding offer to purchase Takeover Industries in stock and assumed debt. 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 . Beast & Ed Sheeran Are In The Mix. Less likely Investment banks traditionally help companies raise capital Commercial banks I hear it is, but is it? 29455 N Cave Creek Rd. A Euronext spokeswoman declined to comment . Making the world smarter, happier, and richer. The company has a merger agreement with IFF - Infrastructure Investments Fund to be taken private at $36 per share. Mike Tzanetatos Named Chief Operating Officer of Takeover Industries. Labor SMART, Inc. provides On-Demand temporary labor to a variety of industries. An email was sent with password retrieval instructions. Can't expand too much on that but you know where I'm going here, I think. I am not receiving compensation for it (other than from Seeking Alpha). 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. Will be interesting to see how the lawsuit plays out! 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. The . I could earn a commission if you click through and make a purchase or subscribe.I am not a financial advisor. Toby, Joe, Mike keep 100 million common shares and send anything over that amount to the LTNC treasury for cancellation. 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. For example, in 2015, ketchup maker H.J. The company provides temporary blue-collar staffing services. See. If you have an ad-blocker enabled you may be blocked from proceeding. 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. The post cites as a source a tweet published on Monday by a self-described "gaming industry analyst" with the Twitter handle of Rythian. Copyright 2023 ACCESSWIRE. My broker isn't exactly generous in providing margin to hold this stock. The company recently reported the process is on track and expected to close Q4 2022. Sell some MVCO, buyback some LTNC, do a reverse merger..really whatever the shareholders decide they want it to be. Follow me on Twitter @Bramdehaas or email me Dehaas.Bram at Gmail. This video is going to be about Labor Smart, Inc (LTNC) \"They provide temporary blue-collar staffing services primarily in the United States. 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. 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. 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. Shareholders and interested parties are encouraged to follow @TakeoverJoe on Twitter for all future Company updates, which will include material information about the Company. At South Jersey Industries Inc. , we promise to treat your data with respect and will not share your information with any third party. I pulled up Seeking Alpha's valuations for a set of peers: small-cap utility peer group valuations (Seeking Alpha). Financial Market Data powered by QuoteMedia. Since the announcement date, the utility index is up about 10.6%: But SJI is still trading around ~$34 per share. 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. A hot rumor was behind the significant upward move. This needs to be done yesterday. For more information,. This deal isn't out of the woods yet. The ONLY event dedicated to convenience category managers. Mr. Schadel is expected to stay on as an advisor as long as necessary and will continue to manage the Company’s effort in becoming current with OTC Markets. According to some resources, adding hydrogen gas to the water increases its health, wellness and antioxidant properties. 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. Service of the Summons and Complaint were executed upon Jane "Chirene" Doe in compliance with Federal Rules of Civil Procedure by substituted service at home address and by also mailing a copy.Original . Since 2020 I host a podcast/videocast where I discuss (special-situation/event-driven) market events and investment ideas with top analysts, portfolio managers, hedge fund managers, experts, and other investment professionals. My approach here lets Jason and team build and lets JG focus solely on clean up with a built-in mechanism to raise capital in the future. Future: Jason Tucker would continue to lead Takeover Industries, Inc. as a wholly owned subsidiary of Metavesco. http://nxtlvlusa.com/pacman/. Takeover Industries, Inc agreed to acquire Labor Smart, Inc. (OTCPK : LTNC) in a reverse merger transaction for approximately $240 million on February 28, 2021. Copyright 2023 Surperformance. I saw in a court filing last week a lender has now sent a demand letter and put the company in default. The investor pages that follow are your resource for financial information about South Jersey Industries. 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. The One With The Umlaut, Harpoon Launches Limited Edition Sticky Bun Stout with Flour Bakery + Caf, Tennessee Brew Works & Turner Hus Brewery Collaborate, Migration to Release Salty Mule Gose for 8th Annual SheBrew Festival. Pursuant to the Agreement, the Seller became a wholly owned subsidiary of the Company. Jun-11-19 09:23AM. It is currently one of the company's main operations and a major step to diversify the company's business from its personnel 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. 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. Hydrogen water is spring water with hydrogen gas infused and suspended into the water. Kulicke & Soffa Industries, Inc. (K&S) is the world's largest manufacturer and supplier of semiconductor assembly equipment. 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. The Motley Fool has positions in and recommends Activision Blizzard, Microsoft, and Take-Two Interactive Software. Hopefully you enjoy the video! 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. 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. Contacts: Tootsie Roll Industries, Inc., together with its subsidiaries, engages in manufacture and sale of . One of Britain's oldest engineering firms has been sold for 8.1bn to a controversial investment firm. Takeover Industries Incorporated: Defendant: Michael Holley, Chirine Holley, David Eisenberg and Unknown Eisenberg: Case Number: . We will launch two new product lines. 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 All rights reserved. Utility deals tend to be treacherous affairs. Ryan SchadelPresident - Metavesco, Inc., a web3 enterprise. Members of Special Situation Report get exclusive access to our model portfolio. 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. Also, in the announcement, it was disclosed that Mr. Joe Pavlik would be appointed as the new President and CEO of Labor Smart, Inc. Mr. Pavlik comes to the Company with over 20 years' experience as an executive, with extensive experience in all areas of the health, fitness and the performance nutrition industry. If the market anticipates a better offer in the future, the share price will rise above the price extended to you. 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. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. 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. 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. 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. On February 27, 2021, Labor Smart, Inc. (the "Company") entered into a Stock Purchase Agreement (the "Agreement") with Takeover Industries, Inc. (the "Seller").
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