This will not change the Companys ticker symbol LTNC or the Companys name. Manny Pacquiao & The Manny Pacquiao Foundation Sign Endorsement Deal For more information,. An energy drink targeting athletes and body builders. 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. 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. An email was sent with password retrieval instructions. The company provides temporary blue-collar staffing services. Heinz Co and Kraft Foods Group Inc merged their business to become Kraft Heinz Company, a leading global food . 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. Metavesco is a publicly traded web 3 enterprise. 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. 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. Rythian added that three of his "trusted and almost always correct sources" confirmed this. It is currently one of the company's main operations and a major step to diversify the company's business from its personnel services. My broker isn't exactly generous in providing margin to hold this stock. The detail page will show you the real-time trend, you can click into the MSN Money website for more details 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. 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 gravitate towards special-situations. 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. That's clear from the longer time graph, when looking at the recovery in the utility exchange-traded fund ("ETF") since the deal date, but also because of valuations for a peer group. 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 1.23%) on Thursday. The most exclusive conference for convenience executives, Empowering and developing women in the c-store industry, Assumption of Risk and Waiver of Liability. The buyer seems favorable, there is a big termination fee and utilities have performed well since deal announcement. South Jersey Industries - Investor Relations 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. Twitter FURUs continuously say that this stock will be worth $1-$5 long-term. 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. Dec 28, 2021. Feb. 28 - March 2, 2023 JW Marriott Bonnet Creek, Orlando, FL. But here, TO needs to raise capital and I believe will absolutely need to dilute. Another Busted Stock Exchange Deal: Euronext-Allfunds Talks Collapse Less likely Investment banks traditionally help companies raise capital Commercial banks Please. 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. In 2018 I founded Starshot Capital B.V. A Dutch AIF manager. You can sign up for additional alert options at any time. WarnerMedia, Discovery complete merger, become Warner Bros - CNBC The Company's clients range from small businesses to Fortune 100 companies. 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? You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Sell Takeover to Metavesco for 1 million MVCO shares. Is this happening to you frequently? Utilities are kind of notorious for regulatory intervention. Learn More. Takeover Industries Incorporated: Defendant: Michael Holley, Chirine Holley, David Eisenberg and Unknown Eisenberg: Case Number: . Do not sell my personal infoPrivacy PolicyAssumption of Risk and Waiver of LiabilityContact Us, The ONLY Conference Dedicated to Convenience Category Managers. The resultant company, Warner Bros. 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. The company sup. 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. We also use them to share usage information with our partners. 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. We need to drive revenue in a big way. The water..is it dead? 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. The consensus among analysts is that the intrinsic value of Vision Tech's stock is $27 per share. If you change your Facebook permissions to restrict Stockhouse from receiving your email while joining or signing in to Stockhouse then it will fail. ATLANTA, April 28, 2021 (GLOBE NEWSWIRE) -- Labor SMART, Inc. (LTNC) (the "Company"), announced that its recently acquired subsidiary, Takeover Industries Inc., has officially signed an . The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. 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. take over: [verb] to assume control or possession of or responsibility for. 29455 N Cave Creek Rd. The Motley Fool has positions in and recommends Activision Blizzard, Microsoft, and Take-Two Interactive Software. Copyright 2023 ACCESSWIRE. Please disable your ad-blocker and refresh. The distinct regulatory path can take a long time and suddenly "out of nowhere" block a deal. HOW TO KILL A COMPANY - The Washington Post Utility deals tend to be treacherous affairs. Labor Smart, Inc is vulnerable to a hostile takeover that benefits no one, and I'm not talking about from Toby, Mike, et. Let's get them runway to do so. 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. 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 Company also operates a restaurant franchise and is seeking additional opportunities outside of the staffing industry. That said, Sony has plenty of financial muscle for a big-ticket acquisition should it want to bulk up in the video game segment. Taste Radio: Mr. Metavesco Sends Open Letter, Non-Binding LOI to Takeover Industries 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 . Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. You owe a sizeable amount of money to at least 2 people/entities for development of Takeover. I could earn a commission if you click through and make a purchase or subscribe.I am not a financial advisor. 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 . 954.347.8960. Takeover Industries Inc. Launched A Signature Can For Its NXT LVL 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. 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. 4 OTC Stocks To Watch Right Now: DMGGF HPIL LTNC TGGI --Labor SMART, Inc., announced that its recently acquired subsidiary, Takeover Industries Inc., has officially signed an endorsement deal with Manny Pacquiao and The Manny Pacquiao Foundation.. 10h Dismissal: Another win for both the shareholders & TO team as we now can get back focused on building a profitable beverage business. 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. Dan FidellVice President of Investor Relations, 609-561-9000 ext 7027 But what about the LTNC shareholders? 29455 N Cave Creek Rd. I think we can get something done here too. 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. Latest NXT LVL product "final samples" are being produced & shipped over the next week. November 13, 2022. This should be easy to bolt on and build from a different audience. Labor SMART, Inc.'s Takeover Industries Signs MOU, to form Joint Shareholders and interested parties are encouraged to follow @TakeoverJoe on Twitter for all future Company updates, which will include material information about the Company. Cave Creek , AZ 85331. Manny Pacquiao said, NXT LVL Hydrogen Spring Water is my secret weapon for fast recovery & natural increased energy during training.. ir@laborsmart.com, Get the latest news and updates from Stockhouse on social media, Stockhouse.com uses cookies on this site. On February 27, 2021, Labor Smart, Inc. (the "Company") entered into a Stock Purchase Agreement (the "Agreement") with Takeover Industries, Inc. (the "Seller"). HOME | Takeover Address. Labor SMART, Inc. Completes Acquisition of Takeover Industries, Inc. Let's all get on the same page with an agreement so we can move forward to the future. Phone. Making the world smarter, happier, and richer. Disclosure: I/we have a beneficial long position in the shares of SJI either through stock ownership, options, or other derivatives. More importantly, it is a utility. InBev and Anheuser-Busch. Could Elon Musk's ChatGPT Take Tesla (TSLA) Stock to the Next Level I hear it is, but is it? Labor SMART, Inc. Completes Acquisition of Takeover Industries, Inc. The post cites as a source a tweet published on Monday by a self-described "gaming industry analyst" with the Twitter handle of Rythian. All things considered, I think this is a reasonably attractive risk/reward and like this as an addition to my portfolio. 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. According to some resources, adding hydrogen gas to the water increases its health, wellness and antioxidant properties. Takeover Industries: Home of the"NXT LVL" Brand - Twitter 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. 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.