Buy Labor Smart

In: Tips

14 Jan 2015

Hi Everybody,

Our alert for Wednesday is:
Labor Smart Inc.
Ticker symbol: LTNC
Last price: $0.0012

LTNC is a provider of on-demand temporary labor solutions, providing manpower to small and medium sized businesses in the warehouse, light industrial, construction, events and retail industries.

LTNC currently operates 30 branch locations in the southeast and central United States.

LTNC 2014 revenue was $24 million, up 45% compared to $16.6 million for 2013.

LTNC has laid out expectations for 2015 in a recent press release.

2015 Expectations:

• Expecting a dramatic cash gain in first half of 2015 which will be used to clean up remaining debt and potentially buy back shares in the float as needed.

• Footprint growth for 2015 expected to come from acquisitions versus new branch openings.

• Seeking up to $40 million in additional revenue from acquisitions.

• Anticipate increasing current line of credit to $4 million in Q1 2015.

• Expecting adjusted EBITDA of $2-3 million for fiscal year 2015.

• Exploring licensing or franchising arrangements.

We think LTNC is poised to deliver solid gains in the short term.

Make sure you’re ready to book your profits with LTNC!

Free Stock TipsAs always, do your own research, don’t chase gaps, use limit orders to enter positions, always use stop loss orders to protect your position, and take profits when you are in a position to do so.

Good Trading

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