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. Im very confident of our ability to bring new products to market with a long term, research driven, manufacturing partner like Faith Springs. Cookies are used to offer you a better browsing experience and to analyze our traffic. An email was sent with password retrieval instructions. 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. The ONLY event dedicated to convenience category managers. 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. If you experience any issues with this process, please contact us for further assistance. Ryan SchadelPresident - Metavesco, Inc., a web3 enterprise. Hydrogen water is spring water with hydrogen gas infused and suspended into the water. United States. My solution for both is simple in nature so Ill present it here in that way in a stream of consciousness manner. By providing my email, I consent to receiving investment related electronic messages from Stockhouse. Utilities are kind of notorious for regulatory intervention. In addition, the break price could potentially be around ~$28 instead of $24. 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 recently reported the process is on track and expected to close Q4 2022. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. Safe Harbor Statement Shareholders and interested parties are encouraged to follow @TakeoverJoe on Twitter for all future Company updates, which will include material information about the Company. 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. This deal isn't out of the woods yet. 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. InBev and Anheuser-Busch. The spread is a juicy 5.5% (roughly $2 per share) and it could potentially close before yearend. 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. 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. I'm unsure what the strategy will be. The live announcement can be replayed here: https://twitter.com/CRyanSchadel/status/1366149809397248002 . Sell some MVCO, buyback some LTNC, do a reverse merger..really whatever the shareholders decide they want it to be. 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. 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. I wrote this article myself, and it expresses my own opinions. I pulled up Seeking Alpha's valuations for a set of peers: small-cap utility peer group valuations (Seeking Alpha). ir@laborsmart.com, Get the latest news and updates from Stockhouse on social media, Stockhouse.com uses cookies on this site. Pursuant to the Agreement, the Seller became a wholly owned subsidiary of the Company. The investor pages that follow are your resource for financial information about South Jersey Industries. 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 . Second, IFF is a financial buyer with a very long-term holding period as opposed to a strategic buyer. This should be easy to bolt on and build from a different audience. Please disable your ad-blocker and refresh. 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. Announces Executive Changes, Labor Smart : Shareholder Update (Form 8-K). 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 6.05%) on Thursday. That said, Sony has plenty of financial muscle for a big-ticket acquisition should it want to bulk up in the video game segment. 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 . November 13, 2022. 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 2020, I realized we needed the right sales and marketing partner to scale up our business. GKN, which has had a hand in making everything from Minis to Spitfires, lost its battle to . I wrote this article myself, and it expresses my own opinions. 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. On February 27, 2021, Labor Smart, Inc. (the "Company") entered into a Stock Purchase Agreement (the "Agreement") with Takeover Industries, Inc. (the "Seller"). take over: [verb] to assume control or possession of or responsibility for. Labor Smart, Inc is vulnerable to a hostile takeover that benefits no one, and I'm not talking about from Toby, Mike, et. Musk's new AI project could have the same effect as his Twitter takeover. Faith Springs, LLC, Blue Ridge, GA is a privately held health company that manufacturers and develops various products. 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. Is this happening to you frequently? Kulicke & Soffa Industries, Inc. (K&S) is the world's largest manufacturer and supplier of semiconductor assembly equipment. When he's done, LTNC will be a clean vehicle with a great looking balance sheet. 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 . Cave Creek , AZ 85331. Contacts:Labor SMART, Inc.it@takeoverind.com. The investor pages that follow are your resource for financial information about South Jersey Industries. 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. A more recent docket listing may be available from PACER . This deal isn't out of the woods yet. STE 118 52. If the market anticipates a better offer in the future, the share price will rise above the price extended to you. 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. In the winter of 1978, Houdaille common stock was selling for. 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. STE 118 52 Cave Creek , AZ 85331United States. 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. Utility M&A is notoriously a treacherous field. Takeover Industries, Inc. is a subsidiary of Labor Smart, Inc. (LTNC) (the "Company"). Eric Volkman has no position in any of the stocks mentioned. While the idea of a Sony takeover of Take-Two is certainly enticing for shareholders and intriguing for everyone else, at this point, it's only the thinnest of rumors. ATLANTA, April 28, 2021 (GLOBE NEWSWIRE) -- Labor SMART, Inc. (LTNC) (the "Company"), announced that its recently acquired subsidiary, Takeover . This last part might be a bit tough for everyone to get their head around. The company was founded in 2011 and is based in Powder Springs, Georgia\". 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. -, 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. Making the world smarter, happier, and richer. 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. The Company is now focused on its subsidiary, Takeover Industries Inc. and rapidly expanding the NXT LVL Line of functional beverage products.. 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. By default, joining or signing in using your Facebook account will work and the email address will be shared by Facebook automatically. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. 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. Roughly a week after disclosing a 5.5 billion, or $5.9 billion, bid for the fund-distribution service Allfunds Group, Euronext has pulled the offer. 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. April 16, 2021 - 8:25 am. 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. We need to drive revenue in a big way. Shareholders of Labor Smart will want to know what's included in this LOI. 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? 2. Menu icon A vertical stack of three evenly . At South Jersey Industries Inc. , we promise to treat your data with respect and will not share your information with any third party. 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 . Elon Musk wants to build the next ChatGPT. Jun-11-19 09:23AM. Tootsie Roll Industries (NYSE:TR) Shareholders Have Enjoyed A 57% Share Price Gain. Pavlik further states, The Company was offered, and has agreed to accept the offer of $250,000.00 USD for the sale of the Trademark, and we also retain the right to use the Trademark royalty free for the next two years. My broker isn't exactly generous in providing margin to hold this stock. Mike Tzanetatos Named Chief Operating Officer of Takeover Industries. 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. We've built a foundation that management believes will deliver rapid growth and high value for our shareholders. The Company also operates a restaurant franchise and is seeking additional opportunities outside of the staffing industry. Contacts:Labor SMART, Inc.ir@laborsmart.com. I think we can get something done here too. is on the juicy side. It is what it is. Heres What Hedge Funds Think About Tootsie Roll Industries, Inc. (TR) Insider Monkey. LTNC has a large block of MVCO stock on its balance sheet that is benefiting from the growth of Takeover. 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. IIF also indicated that it was able to fund the transaction with equity fully funded by IIF and that IIF would provide the Company with an equity commitment agreement to such effect in connection with the execution of a definitive merger agreement. Shareholders and interested parties are encouraged to follow @TakeoverJoe on Twitter for all future Company updates, which will include material information about the Company. Meet the founders behind the hottest new brands. The board discussed the challenges associated with utility acquisitions several times during negotiations. 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. 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. 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 . 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. We put together employment agreements and add on equity compensation for milestones. Copyright 2023 ACCESSWIRE. 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. 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. All rights reserved. The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. We will not release or resell your information to third parties without your permission. By continuing to use our service, you agree to our use of cookies. 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 . I'm confident Jason Tucker wishes to repair LTNC post spin out. Labor SMART, Inc. provides On-Demand temporary labor to a variety of industries. By providing your email address below, you are providing consent to South Jersey Industries Inc. to send you the requested Investor Email Alert updates. The water..is it dead? 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. The Company believes his experience will be instrumental in transformation for the future. Invest better with The Motley Fool. Takeover deals can be paid in cash, stocks, or both depending on the mutual agreement of parties. 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. We look forward to launching our new, innovative hydrogen infused water formulation in the coming weeks. Its been touted for its ability to improve cellular energy, support the aging process, and improve muscle recovery after a workout. This will equate to a reverse split of everyone's equity position. A hot rumor was behind the significant upward move. 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? Labor SMART, Inc. Mike.T@Takeoverind.com, Discover new solutions and ideas from our supplier partners. It serves customers primarily engaged in construction, freight handling, landscaping, warehousing, janitorial, disaster response, light manufacturing, retail, or wholesale operations. I have no business relationship with any company whose stock is mentioned in this article. 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. It was founded in 1946 as the Central Farmers Fertilizer Company. Boxing champion Manny Pacquiao is regarded as one of the greatest professional boxers of all-time and is the only boxer in history to win titles in eight different weight classes. Feb. 28 - March 2, 2023 JW Marriott Bonnet Creek, Orlando, FL. The hot gossip is that none other than Japanese tech and entertainment giant Sony (SONY 2.88%) is the interested party. You can sign up for additional alert options at any time. In 2018 I founded Starshot Capital B.V. A Dutch AIF manager. The resultant company, Warner Bros. The non-recurring implementation costs are estimated at 75 million. I highly recommend it (pick episodes around topics that interest you) for the amazing guests that come on with regularity. June 07, 2021 08:40 ET I have no business relationship with any company whose stock is mentioned in this article. LTNC peaked at $0.08 at the end of March but since then has crashed over 80%, leaving disgruntled shareholders sitting on huge losses. 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. 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 dfidell@sjindustries.com. 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 eclectic and creative style of investing seems to suit my personality and interests most closely. Takeover Industries Incorporated: Defendant: Michael Holley, Chirine Holley, David Eisenberg and Unknown Eisenberg: Case Number: . 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. Rythian added that three of his "trusted and almost always correct sources" confirmed this. Simply Wall St. May-02-19 02:41PM. Future: Jason Tucker would continue to lead Takeover Industries, Inc. as a wholly owned subsidiary of Metavesco. For More Information: The Motley Fool has positions in and recommends Activision Blizzard, Microsoft, and Take-Two Interactive Software. Address. The company has a merger agreement with IFF -. 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. If I take in all the above, I'm inclined to believe the market may somewhat overestimate the risk of a deal break. 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 . Let's get them runway to do so. Takeover Industries shall issue 6.8 billion RESTRICTED shares of common stock to the shareholders of Labor Smart. Mergers Mergers Merger refers to a strategic process whereby two or more companies mutually form a new single legal venture. 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 The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. While this deal is awaiting approval, shareholders also receive dividends at quarterly intervals. The spread of around ~5.5% stood out to me among pending deals. Takeover Industries has developed the next generation performance water for everyone from athletes to seniors looking to achieve optimal health, performance and overall wellness. #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 . I saw in a court filing last week a lender has now sent a demand letter and put the company in default. 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. 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. Will be interesting to see how the lawsuit plays out! 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. In the first 100 days, the NXT LVL brand was launched, entered into a unique endorsement and joint venture agreements, and launched three . First off, this buyout happened at a fairly opportunistic time. 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. Takeover Industries has just passed its 100-day mark. I'm not here to judge. In June 2008, Euro-Brazilian beverage company, InBev, made an unsolicited bid for iconic American beer brewer, Anheuser-Busch. 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. 1. Takeover Industries, Inc. v. Stanley Barsch et al RSS Track this Docket Docket Report This docket was last retrieved on June 24, 2021. 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. 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. 29455 N Cave Creek Rd. What I care about is the future of Takeover and the future for Labor Smart shareholders. More information about the potential factors that could affect the business and financial results is included in the Company's filings on sec.gov. To make the world smarter, happier, and richer. You must click the activation link in order to complete your subscription. 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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