#NXTLVLNation #NXTLVL 25 119 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. 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. Mr. Schadel participated in a live Q & A after this announcement, which can be replayed here: We put together employment agreements and add on equity compensation for milestones. The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. The valuation for SJI doesn't look particularly rich even when it's trading with most of its merger premium included. They can take longer than expected and get derailed after you've been holding for quite a while. 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. ir@laborsmart.com, Get the latest news and updates from Stockhouse on social media, Stockhouse.com uses cookies on this site. This deal isn't out of the woods yet. Sell Takeover to Metavesco for 1 million MVCO shares. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Please see the attached Non-Binding LOI for the acquisition of Takeover Industries, Inc. from Labor Smart, Inc., by Metavesco, Inc. #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 . 29455 N Cave Creek Rd. If the market anticipates a better offer in the future, the share price will rise above the price extended to you. The hot gossip is that none other than Japanese tech and entertainment giant Sony (SONY 2.88%) is the interested party. Lucid Group Inc.'s stock on Thursday was on track to mark its biggest drop in more than a year, after quarterly results that did little to allay ongoing concerns about the electric-vehicle maker. 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. 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. Not So Sweet News For Some Brands? Labor SMART, Inc. provides On-Demand temporary labor to a variety of industries. Simply Wall St. May-02-19 02:41PM. Reading through the filings the issue isn't even repayment, its more an issue of infighting and governance. In June 2008, Euro-Brazilian beverage company, InBev, made an unsolicited bid for iconic American beer brewer, Anheuser-Busch. But this may not be . Please disable your ad-blocker and refresh. The distinct regulatory path can take a long time and suddenly "out of nowhere" block a deal. I'm interested in what quants do, options traders do, and even what WallStreetBets is doing (keep your friends close and). 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. Stockhouse.com is owned by Stockhouse Publishing Ltd. 2019 Stockhouse Publishing Ltd. All rights reserved. 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. 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. Gentlemen of the Board of Directors of Labor Smart, Inc.. The company recently reported the process is on track and expected to close Q4 2022. I saw in a court filing last week a lender has now sent a demand letter and put the company in default. This deal isn't out of the woods yet. We will not release or resell your information to third parties without your permission. The spread of around ~5.5% stood out to me among pending deals. I understand that's an awful lot of speculation but I'm confident in my assessment here. 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. Takeover Industries shall issue 6.8 billion RESTRICTED shares of common stock to the shareholders of Labor Smart. Cookies are used to offer you a better browsing experience and to analyze our traffic. Stockhouse membership requires an email address which must be shared by Facebook. This press release contains statements that constitute forward-looking statements. South Jersey Industries, Inc. ( NYSE: SJI) is a small utility with a market cap of ~$3 billion, primarily serving New Jersey customers. See. A hot rumor was behind the significant upward move. Sell some MVCO, buyback some LTNC, do a reverse merger..really whatever the shareholders decide they want it to be. The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. We need to drive revenue in a big way. This last part might be a bit tough for everyone to get their head around. Learn about the foreign exchange markets of yesteryear and today in this article exploring the past, present, and future of FX trading. Ryan SchadelPresident - Metavesco, Inc., a web3 enterprise. Takeover Industries, Inc agreed to acquire Labor Smart, Inc. (OTCPK : LTNC) in a reverse merger transaction for approximately $240 million on February 28, 2021. I gravitate towards special-situations. Takeover Explained. This eclectic and creative style of investing seems to suit my personality and interests most closely. Learn More. Metavesco is a publicly traded web 3 enterprise. The investor pages that follow are your resource for financial information about South Jersey Industries. Tootsie Roll Industries (NYSE:TR) Shareholders Have Enjoyed A 57% Share Price Gain. You must click the activation link in order to complete your subscription. ATLANTA, April 28, 2021 (GLOBE NEWSWIRE) -- Labor SMART, Inc. (LTNC) (the "Company"), announced that its recently acquired subsidiary, Takeover . Takeover Industries, Inc. is a subsidiary of Labor Smart, Inc. (LTNC) (the "Company"). It operates in two segments, Chemistry Technologies (CT) and Data Analytics (DA). Dan FidellVice President of Investor Relations, 609-561-9000 ext 7027 From November, the dividend ticks up ever so slightly (to $0.3193), as agreed upon in the M&A agreement. In consideration therefor, the Company shall issue 6,800,000,000 RESTRICTED shares of . Investor Relations Overview. Please go to the link in the email message to retrieve your password. InBev and Anheuser-Busch. November 13, 2022. You've already built some distribution and supply chain capabilities. !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. Labor Smart, Inc. : Entry into a Material Definitive Agreement, Completion of Acquisition .. 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? Utilities are kind of notorious for regulatory intervention. Latest NXT LVL product "final samples" are being produced & shipped over the next week. DUBLIN, March 01, 2023--In accordance with Rule 2.12 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022 (the "Irish Takeover Rules"), Horizon confirms that, as of the close of business on . 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. The average Takeover Industries, stock forecast 2027 represents a -70.82% decrease from the last price of $0.00219999998807907. The Motley Fool has a disclosure policy. Utility deals tend to be treacherous affairs. Everyone calls their lawyer and stops all actions against each other. I wrote this article myself, and it expresses my own opinions. The company provides temporary blue-collar staffing services. 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. 954.347.8960. AT&T's WarnerMedia unit and Discovery Inc said on Friday that the two firms have completed the merger. The letter of intent contained a non-binding offer to purchase Takeover Industries in stock and assumed debt. 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. Mergers Mergers Merger refers to a strategic process whereby two or more companies mutually form a new single legal venture. Apparently, a big name in tech and entertainment is considering making a play for Take-Two. 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. Phone. Investopedia. All things considered, I think this is a reasonably attractive risk/reward and like this as an addition to my portfolio. 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? Research suggests that boards of directors perform better if Admittedly, a delay to Q1 2023 would not be that surprising. If you experience any issues with this process, please contact us for further assistance. 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. If the deal breaks, the losses could very well amount to something like $8 to $12 per share. In addition, the break price could potentially be around ~$28 instead of $24. First off, this buyout happened at a fairly opportunistic time. I'm confident Jason Tucker wishes to repair LTNC post spin out. 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. All rights reserved. The fuel for this rumor appears to be a Thursday morning post on a relatively obscure entertainment website called Xfire. Mike Tzanetatos Named Chief Operating Officer of Takeover Industries. We will launch two new product lines. I wrote this article myself, and it expresses my own opinions. While this deal is awaiting approval, shareholders also receive dividends at quarterly intervals. Metavesco assumes that debt. Elon Musk wants to build the next ChatGPT. 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. In 2018 I founded Starshot Capital B.V. A Dutch AIF manager. Normally that might not matter. 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 . 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. The Company believes his experience will be instrumental in transformation for the future. 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. -, 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. 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. 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. The One With The Umlaut, Harpoon Launches Limited Edition Sticky Bun Stout with Flour Bakery + Caf, Tennessee Brew Works & Turner Hus Brewery Collaborate, Migration to Release Salty Mule Gose for 8th Annual SheBrew Festival. 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 A Euronext spokeswoman declined to comment . By providing my email, I consent to receiving investment related electronic messages from Stockhouse. 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, 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. Takeover Industries Inc. LTNC peaked at $0.08 at the end of March but since then has crashed over 80%, leaving disgruntled shareholders sitting on huge losses. If you have an ad-blocker enabled you may be blocked from proceeding. This is a quote from the merger agreement (emphasis added): IIFs indication of interest noted that IIF is a long-term owner which does not require a realization event after a pre-defined hold period and that IIF has historically provided ongoing financing to support long-term capital requirements, which characteristics make it a desirable owner of public utilities by applicable regulators. For more information,. In . The . The company has a merger agreement with IFF - Infrastructure Investments Fund to be taken private at $36 per share. The detail page will show you the real-time trend, you can click into the MSN Money website for more details The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. In the winter of 1978, Houdaille common stock was selling for. Future: Jason Tucker would continue to lead Takeover Industries, Inc. as a wholly owned subsidiary of Metavesco. 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. 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. 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. The most exclusive conference for convenience executives, Empowering and developing women in the c-store industry, Assumption of Risk and Waiver of Liability. 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. 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. An email was sent with password retrieval instructions. The management team of Takeover Industries, Inc. has taken certain actions over the past year to continue the Company's focus on becoming a global force in the beverage industry. 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. Takeover Industries shall issue 6.8 billion RESTRICTED shares of common stock to the shareholders of Labor Smart. 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. Safe Harbor Statement This needs to be done yesterday. 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 . Please. For example, in 2015, ketchup maker H.J. | Source: Assuming LTNC does get a spin out done of Takeover, it's unlikely to be on a 1:1 share basis. The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. Utilities are kind of notorious for regulatory intervention. 29455 N Cave Creek Rd. Its been touted for its ability to improve cellular energy, support the aging process, and improve muscle recovery after a workout. 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. The company sup. I am not receiving compensation for it (other than from Seeking Alpha). Twitter FURUs continuously say that this stock will be worth $1-$5 long-term. 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. 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. My solution for both is simple in nature so Ill present it here in that way in a stream of consciousness manner. For more information, visit:www.TakeoverInd.comand www.NXTLVLUSA.com Email:ir@takeoverind.com. Shareholders and interested parties are encouraged to follow @TakeoverJoe on Twitter for all future Company updates, which will include material information about the Company. I pulled up Seeking Alpha's valuations for a set of peers: small-cap utility peer group valuations (Seeking Alpha). STE 118 52. South Jersey Industries, Inc. (NYSE:SJI) is a small utility with a market cap of ~$3 billion, primarily serving New Jersey customers. 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 . 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. 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. Contacts:Labor SMART, Inc.ir@laborsmart.com. Heinz Co and Kraft Foods Group Inc merged their business to become Kraft Heinz Company, a leading global food . 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. 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