I wrote this article myself, and it expresses my own opinions. 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. 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. 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. A hot rumor was behind the significant upward move. The Company generates income as a liquidity provider on decentralized crypto exchanges and invests in promising NFT projects and virtual land, primarily on EVM protocols. The detail page will show you the real-time trend, you can click into the MSN Money website for more details Check it out here. 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. Address. Amy Marcen-Gaudaur, Sherri M. Altshuler, Melanie Cole, Adria Leung Lim, Sean Green and Barbara Worndl. Vice President of Sales West 954.347.8960 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 . In . I believe the end result will be LTNC is traded faster, with a great balance sheet, and a minority interest in a cutting-edge company, Metavesco. 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. 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? You've already built some distribution and supply chain capabilities. 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. Admittedly, a delay to Q1 2023 would not be that surprising. I'm confident Jason Tucker wishes to repair LTNC post spin out. By providing my email, I consent to receiving investment related electronic messages from Stockhouse. Heinz Co and Kraft Foods Group Inc merged their business to become Kraft Heinz Company, a leading global food . Why Take-Two Interactive Stock Leaped 6% Higher Today 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. 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. Harborside Completes Reverse Takeover of Lineage Grow Company Ltd. 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. Mike Tzanetatos Named Chief Operating Officer of 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. All rights reserved. Horizon Therapeutics plc - Rule 2.12 Announcement 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). Contacts: https://twitter.com/StanTradingMan/status/1366183816126214149 . Looking for a portfolio of ideas like this one? Please disable your ad-blocker and refresh. Takeover Industries has just passed its 100-day mark. If you have an ad-blocker enabled you may be blocked from proceeding. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. The deal, announced live on Twitter via @CRyanSchadel on Sunday February 28, 2021, calls for the issuance of 6.8 billion common shares, RESTRICTED for 12 months, for the acquisition. Normally, when a company takeover is announced, the share price of the target company rises to around the level of the offer price. 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. Takeover Industries Incorporated: Defendant: Michael Holley, Chirine Holley, David Eisenberg and Unknown Eisenberg: Case Number: . CF Industries - Wikipedia Please. Present: There is tremendous opportunity and potential for Takeover products. The company provides temporary blue-collar staffing services. What happens to your shares in a company takeover? It is what it is. http://nxtlvlusa.com/pacman/. At the beginning of the year, LTNC acquired Takeover Industries, which produces sports drinks, such as NXT LVL hydrogen water. Beast & Ed Sheeran Are In The Mix. I've been writing for Seeking Alpha since 2013 after playing p0ker professionally. ir@laborsmart.com, Get the latest news and updates from Stockhouse on social media, Stockhouse.com uses cookies on this site. Takeover Industries Inc. - Convenience Retailing University TR - Tootsie Roll Industries, Inc. Stock Price and Quote - FINVIZ.com Delayed OTC Markets Small cap utility trades at a 5.5% spread to the $36 acquisition price. Follow me on Twitter @Bramdehaas or email me Dehaas.Bram at Gmail. Toby, Joe, Mike keep 100 million common shares and send anything over that amount to the LTNC treasury for cancellation. 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. For its first 56 years, it was a federation of regional agricultural supply cooperatives. 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. 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. 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 executive management team has over 100 years of research, manufacturing, sales, marketing, operations, design, and production experience in the beverage industry. The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. Ryan SchadelPresident - Metavesco, Inc., a web3 enterprise. We need to drive revenue in a big way. You can sign up for additional alert options at any time. LTNC has a large block of MVCO stock on its balance sheet that is benefiting from the growth of Takeover. SEC NXT LVL Hydrogen Water, Hy-Vee Enter Distribution Deal 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). Why I Believe LTNC Will Be Unsuccessful | Insidher Trading The point is to make money with risks under control. I believe this is in LTNC shareholders best interest and hope you accept the LOI on or before November 16, 2022, at 4pm New York time. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. !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. 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 exclusive rights to market, sell and promote all hydrogen water products Powered by H2forLife technology via a two-year contract. 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. I/we have a beneficial long position in the shares of SJI either through stock ownership, options, or other derivatives. Thanks for all of your support! The consensus among analysts is that the intrinsic value of Vision Tech's stock is $27 per share. I understand that's an awful lot of speculation but I'm confident in my assessment here. I am not receiving compensation for it (other than from Seeking Alpha). It operates in two segments, Chemistry Technologies (CT) and Data Analytics (DA). 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 . From November, the dividend ticks up ever so slightly (to $0.3193), as agreed upon in the M&A agreement. For More Information: 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. Takeover Explained. Rythian added that three of his "trusted and almost always correct sources" confirmed this. 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. 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. 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. Invest better with The Motley Fool. Heres What Hedge Funds Think About Tootsie Roll Industries, Inc. (TR) Insider Monkey. 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. Investopedia. 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. 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. WarnerMedia, Discovery complete merger, become Warner Bros - CNBC The company can then choose its destiny. Takeover Industries shall issue 6.8 billion RESTRICTED shares of common stock to the shareholders of Labor Smart. This needs to be done yesterday. However, a few things are mitigating my concerns about this deal. More importantly, it is a utility. LTNC Takeover Industries Announces Sale of 'Labor Smart' The average Takeover Industries, stock forecast 2027 represents a -70.82% decrease from the last price of $0.00219999998807907. Consequently, the board is setting the option strike price substantially higher than the current stock price. This deal isn't out of the woods yet. Labor SMART, Inc. Completes Acquisition of Takeover Industries, Inc. 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. www.sec.gov 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. I think we can get something done here too. We will launch two new product lines. 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. ATLANTA, March 17, 2021 (GLOBE NEWSWIRE) -- Labor SMART, Inc. (LTNC) (the Company), a leader in providing on-demand blue collar staffing primarily in the southeastern United States, transitioning into a diversified holding company, today announced it has signed a Memorandum of Understanding and will create a Joint Venture with Faith Springs, LLC d/b/a H2ForLife. Sell Takeover to Metavesco for 1 million MVCO shares. The hot gossip is that none other than Japanese tech and entertainment giant Sony (SONY 2.88%) is the interested party. Members of Special Situation Report get exclusive access to our model portfolio. Labor SMART, Inc. Completes Acquisition of Takeover Industries, Inc Let's get them runway to do so. You must click the activation link in order to complete your subscription. 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. Im confident weve found that partner with the seasoned team of industry veterans at Takeover Industries Inc., New Labor Smart Inc., CEO & Takeover Industries President Joe Pavlik commented, This is truly a significant milestone for the Company, as this lays a solid foundation for future product development. Apparently, a big name in tech and entertainment is considering making a play for Take-Two. 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. One of Britain's oldest engineering firms has been sold for 8.1bn to a controversial investment firm. 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. In the winter of 1978, Houdaille common stock was selling for. June 07, 2021 08:40 ET See. The distinct regulatory path can take a long time and suddenly "out of nowhere" block a deal. 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. Feb. 28 - March 2, 2023 JW Marriott Bonnet Creek, Orlando, FL. 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. Making the world smarter, happier, and richer. In 2018 I founded Starshot Capital B.V. A Dutch AIF manager. Takeover Industries Inc. | LinkedIn 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. I highly recommend it (pick episodes around topics that interest you) for the amazing guests that come on with regularity. The non-recurring implementation costs are estimated at 75 million. Since the announcement date, the utility index is up about 10.6%: But SJI is still trading around ~$34 per share. The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. Buy These 2 Stocks in 2023 and Hold for the Next Decade, Warren Buffett's Latest $2.9 Billion Buy Brings His Total Investment in This Stock to $66 Billion in 4 Years, 2 Safe Stocks to Buy Hand Over Fist in 2023, Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Motley Fool Issues Rare All In Buy Alert, Copyright, Trademark and Patent Information. We also use them to share usage information with our partners. Takeover Industries Inc (LTNC) What is hydrogen infused water? Huge Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. 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 FTK - Flotek Industries, Inc. Stock Price and Quote - FINVIZ.com