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 Motley Fool has positions in and recommends Activision Blizzard, Microsoft, and Take-Two Interactive Software. Is this happening to you frequently? The Motley Fool has a disclosure policy. Everyone calls their lawyer and stops all actions against each other. The live announcement can be replayed here: https://twitter.com/CRyanSchadel/status/1366149809397248002 . The board discussed the challenges associated with utility acquisitions several times during negotiations. Takeover Industries Inc. https://twitter.com/StanTradingMan/status/1366183816126214149 . Sell Takeover to Metavesco for 1 million MVCO shares. 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. The resultant company, Warner Bros. Whoever owns the Series A Preferred Shares (I lost track) will sell them to James Gissona for $1 each and everyone that is a board member or officer of Labor Smart, Inc. subsequently resigns and JG becomes the CEO and Chairman. Consummation of this transaction will result in a change of control of Labor Smart, Inc. Joe Pavlik would be appointed as the new President and Chief Executive Officer of Labor Smart, Inc. See. 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. Labor SMART, Inc. Completes Acquisition of Takeover Industries, Inc. CEO to Retire Half Billion Shares . 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. Takeover Industries, Inc completed the acquisition of Labor Smart, Inc. (OTCPK : LTNC) in a reverse merger transaction on March 1, 2021. Vice President of Sales West 954.347.8960 Labor SMART was founded to provide reliable, dependable and flexible resources for on-demand personnel to small and large businesses in areas that include construction, manufacturing, hospitality, event-staffing, restoration, warehousing, retailing, disaster relief and cleanup, demolition and landscaping. Research suggests that boards of directors perform better if More importantly, it is a utility. If the market anticipates a better offer in the future, the share price will rise above the price extended to you. #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 . 10h Dismissal: Another win for both the shareholders & TO team as we now can get back focused on building a profitable beverage business. This video is going to be about Labor Smart, Inc (LTNC) \"They provide temporary blue-collar staffing services primarily in the United States. 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. 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. The company offers comprehensive assembly solutions to its many customers worldwide, including wire bonding equipment, packaging materials, and test interconnect products. All rights reserved. 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 This needs to be done yesterday. Contacts:Labor SMART, Inc.it@takeoverind.com. Learn about the foreign exchange markets of yesteryear and today in this article exploring the past, present, and future of FX trading. My roots are in the value school but over time I've learned to respect different approaches. The detail page will show you the real-time trend, you can click into the MSN Money website for more details More information about the potential factors that could affect the business and financial results is included in the Company's filings on sec.gov. Tootsie Roll Industries, Inc., together with its subsidiaries, engages in manufacture and sale of . Financial Market Data powered by QuoteMedia. We look forward to launching our new, innovative hydrogen infused water formulation in the coming weeks. Conclusion On the other hand, if the market anticipates that the offer will be rejected, the share price will . Jason Tucker must stay on as President and will have absolute discretion to build his team for Takeover post deal. 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. We will not release or resell your information to third parties without your permission. I have been doing research in ways to solve global issues since 1994. I believe this opportunity is being hamstrung by internal issues. Normally that might not matter. In 2020, I realized we needed the right sales and marketing partner to scale up our business. Psyence Group: pioneering the use of natural psychedelics for mental health and wellbeing, The best gold opportunities in Quebec lie in the James Bay region thanks to this Canadian-based exploration company, The tech company making the most gains on the TSX. Safe Harbor Statement The . Second, IFF is a financial buyer with a very long-term holding period as opposed to a strategic buyer. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Investopedia. It's not coming from any sources that can be considered authoritative. After submitting your request, you will receive an activation email to the requested email address. At the beginning of the year, LTNC acquired Takeover Industries, which produces sports drinks, such as NXT LVL hydrogen water. 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. Labor Smart, Inc. : Entry into a Material Definitive Agreement, Regulation FD Disclosure, .. Labor Smart : NXT LVL Hydrogen Water, Hy-Vee Enter Distribution Deal, NXT LVL Hydrogen Water, Hy-Vee Enter Distribution Deal, Labor Smart : Purchase and Sale Agreement (Form 8-K). Musk's new AI project could have the same effect as his Twitter takeover. In consideration therefor, the Company shall issue 6,800,000,000 RESTRICTED shares of . 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. The company has a merger agreement with IFF - Infrastructure Investments Fund to be taken private at $36 per share. Please go to the link in the email message to retrieve your password. The non-recurring implementation costs are estimated at 75 million. 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. Elon Musk wants to build the next ChatGPT. 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. Dan FidellVice President of Investor Relations, 609-561-9000 ext 7027 Normally, when a company takeover is announced, the share price of the target company rises to around the level of the offer price. But this may not be . 3 High-Growth Stocks That Are Just Getting Started, 3 Stocks at 52-Week Highs Still Worth Buying, 3 Stocks That Could Soar More Than Priceline, 2 Reasons to Avoid a Roth 401(k) for Your Retirement Savings, Want $1 Million in Retirement? Amy Marcen-Gaudaur, Sherri M. Altshuler, Melanie Cole, Adria Leung Lim, Sean Green and Barbara Worndl. I wrote this article myself, and it expresses my own opinions. What I care about is the future of Takeover and the future for Labor Smart shareholders. Utilities are kind of notorious for regulatory intervention. Menu icon A vertical stack of three evenly . 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? dfidell@sjindustries.com. 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. I wrote this article myself, and it expresses my own opinions. For its first 56 years, it was a federation of regional agricultural supply cooperatives. Small cap utility trades at a 5.5% spread to the $36 acquisition price. 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. Simply Wall St. May-02-19 02:41PM. The company can then choose its destiny. We will launch two new product lines. Do not sell my personal infoPrivacy PolicyAssumption of Risk and Waiver of LiabilityContact Us, The ONLY Conference Dedicated to Convenience Category Managers. We put together employment agreements and add on equity compensation for milestones. In the first 100 days, the NXT LVL brand was launched, entered into a unique endorsement and joint venture agreements, and launched three . 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. Takeover Industries has just passed its 100-day mark. If the deal breaks, the losses could very well amount to something like $8 to $12 per share. 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. 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. Disclosure: I/we have a beneficial long position in the shares of SJI either through stock ownership, options, or other derivatives. 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. 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. Faith Springs, LLC, Blue Ridge, GA is a privately held health company that manufacturers and develops various products. That means situations around companies or the market where the price can move in a certain direction based on a specific event or ongoing event. Present: There is tremendous opportunity and potential for Takeover products. The board of directors of CyberScope, Inc., is designing a stock option plan for its CEO that will motivate the CEO to increase the market value of the firm. Utility deals tend to be treacherous affairs. 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 . A more recent docket listing may be available from PACER . 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. 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 . | Source: I saw in a court filing last week a lender has now sent a demand letter and put the company in default. Beast & Ed Sheeran Are In The Mix. Stockhouse.com is owned by Stockhouse Publishing Ltd. 2019 Stockhouse Publishing Ltd. All rights reserved. Invest better with The Motley Fool. The spread is a juicy 5.5% (roughly $2 per share) and it could potentially close before yearend. The buyer seems favorable, there is a big termination fee and utilities have performed well since deal announcement. 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. The Company also operates a restaurant franchise and is seeking additional opportunities outside of the staffing industry. The consensus among analysts is that the intrinsic value of Vision Tech's stock is $27 per share. Future: Jason Tucker would continue to lead Takeover Industries, Inc. as a wholly owned subsidiary of Metavesco. In addition, the break price could potentially be around ~$28 instead of $24. 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. 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. Kulicke & Soffa Industries, Inc. (K&S) is the world's largest manufacturer and supplier of semiconductor assembly equipment. Manny Pacquiao said, NXT LVL Hydrogen Spring Water is my secret weapon for fast recovery & natural increased energy during training.. 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. The ONLY event dedicated to convenience category managers. 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. Sell some MVCO, buyback some LTNC, do a reverse merger..really whatever the shareholders decide they want it to be. I am not receiving compensation for it (other than from Seeking Alpha). Investor Relations Overview. 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. He has already started recruiting industry experts to help. My broker isn't exactly generous in providing margin to hold this stock. I've been writing for Seeking Alpha since 2013 after playing p0ker professionally. 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 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. The company has a merger agreement with IFF -. Apparently, a big name in tech and entertainment is considering making a play for Take-Two. !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. While this deal is awaiting approval, shareholders also receive dividends at quarterly intervals. Address. Copyright 2023 ACCESSWIRE. You can sign up for additional alert options at any time. *Average returns of all recommendations since inception. 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. A copy of this press release and the definitive acquisition documents will be filed as an exhibit in a Form 8-K, which will be filed with the US Securities and Exchange Commission for the purpose of full and fair disclosure. Looking for a portfolio of ideas like this one? 2. The most exclusive conference for convenience executives, Empowering and developing women in the c-store industry, Assumption of Risk and Waiver of Liability. It serves customers primarily engaged in construction, freight handling, landscaping, warehousing, janitorial, disaster response, light manufacturing, retail, or wholesale operations. An energy drink brand intermixed with NFT's. If I take in all the above, I'm inclined to believe the market may somewhat overestimate the risk of a deal break. 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 . InBev offered to buy Anheuser-Busch for $65 . Hydrogen water is spring water with hydrogen gas infused and suspended into the water. Copyright 2023 Surperformance. Eric Volkman has no position in any of the stocks mentioned. Twitter FURUs continuously say that this stock will be worth $1-$5 long-term. Mr. Schadel participated in a live Q & A after this announcement, which can be replayed here: My broker isn't exactly generous in providing margin to hold this stock. 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? 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 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. Takeover Industries has just passed its 100-day mark. Safe Harbor StatementThis 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 words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. 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! Most of my work until 2012 was in climate change and hydrogen, then switched to health when my 82 year-old father was diagnosed with stage 4 cancer, said Day. 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. South Jersey Industries, Inc. (NYSE:SJI) is a small utility with a market cap of ~$3 billion, primarily serving New Jersey customers. By continuing to use our service, you agree to our use of cookies. The company was founded in 2011 and is based in Powder Springs, Georgia\". Will be interesting to see how the lawsuit plays out! I hear it is, but is it? If you have an ad-blocker enabled you may be blocked from proceeding. Lenders must be on board with this deal and willing to work with us to build the future. The Company's mission is to be the provider of choice to its growing portfolio of customers with a service-focused approach that enables Labor SMART to be seen as a resource and partner to its clients. At South Jersey Industries Inc. , we promise to treat your data with respect and will not share your information with any third party. 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.
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