Heres What Hedge Funds Think About Tootsie Roll Industries, Inc. (TR) Insider Monkey. I am not receiving compensation for it (other than from Seeking Alpha). Admittedly, a delay to Q1 2023 would not be that surprising. We need to drive revenue in a big way. On July 22, 2021 CSP named NXT LVL Hydrogen Spring Water as a finalist for Best New Product of the Year. Utilities are kind of notorious for regulatory intervention. Tootsie Roll Industries (NYSE:TR) Shareholders Have Enjoyed A 57% Share Price Gain. *Average returns of all recommendations since inception. The distinct regulatory path can take a long time and suddenly "out of nowhere" block a deal. Assuming LTNC does get a spin out done of Takeover, it's unlikely to be on a 1:1 share basis. I have been doing research in ways to solve global issues since 1994. Takeover Industries, Inc. is a subsidiary of Labor Smart, Inc. (LTNC) (the "Company"). Consummation of this transaction will result in a change of control of Labor Smart, Inc. Joe Pavlik would be appointed as the new President and Chief Executive Officer of Labor Smart, Inc. The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. You can sign up for additional alert options at any time. As previously stated, we expect to have our first product available for purchase before Easter.. For its first 56 years, it was a federation of regional agricultural supply cooperatives. 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. 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. Industry: Catalog and mail-order houses , Beverages, except coffee and tea Printer Friendly View Address: 29455 N Cave Creek Rd Ste 118525 Cave Creek, AZ, 85331-3245 United States Phone: Website: www.takeoverind.com Employees (all sites): Actual Revenue: Modelled Year Started: ESG ranking: ESG industry average: What is D&B's ESG Ranking? 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. Musk's new AI project could have the same effect as his Twitter takeover. Not So Sweet News For Some Brands? If the market anticipates a better offer in the future, the share price will rise above the price extended to you. He has already started recruiting industry experts to help. 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. If the deal breaks, the losses could very well amount to something like $8 to $12 per share. Twitter FURUs continuously say that this stock will be worth $1-$5 long-term. Kulicke & Soffa Industries, Inc. (K&S) is the world's largest manufacturer and supplier of semiconductor assembly equipment. April 16, 2021 - 8:25 am. The investor pages that follow are your resource for financial information about South Jersey Industries. Research suggests that boards of directors perform better if At the beginning of the year, LTNC acquired Takeover Industries, which produces sports drinks, such as NXT LVL hydrogen water. Utility M&A is notoriously a treacherous field. Copyright 2023 ACCESSWIRE. 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. All rights reserved. The company sup. 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. 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. According to some resources, adding hydrogen gas to the water increases its health, wellness and antioxidant properties. The company recently reported the process is on track and expected to close Q4 2022. The shares will get issued to Labor Smart, Inc., as the whole owner of Takeover Industries, Inc. (I'm making assumptions this is still the case). Time is of the essence. ATLANTA, GA - GlobeNewsire -March 1, 2021 / 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 . 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 Venture. 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. More information about the potential factors that could affect the business and financial results is included in the Company's filings on sec.gov. Sell some MVCO, buyback some LTNC, do a reverse merger..really whatever the shareholders decide they want it to be. Conclusion 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. At South Jersey Industries Inc. , we promise to treat your data with respect and will not share your information with any third party. By default, joining or signing in using your Facebook account will work and the email address will be shared by Facebook automatically. It's not coming from any sources that can be considered authoritative. The Company also operates a restaurant franchise and is seeking additional opportunities outside of the staffing industry. 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. Im very confident of our ability to bring new products to market with a long term, research driven, manufacturing partner like Faith Springs. First off, this buyout happened at a fairly opportunistic time. dfidell@sjindustries.com. 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. If this video was helpful please hit the like button.As always have a nice day!#LTNC #LaborSmartInc See. Access additional case information on PACER Use the links below to access additional information about this case on the US Court's PACER system. Labor SMART, Inc. provides On-Demand temporary labor to a variety of industries. What I care about is the future of Takeover and the future for Labor Smart shareholders. Beast & Ed Sheeran Are In The Mix. LTNC has a large block of MVCO stock on its balance sheet that is benefiting from the growth of Takeover. Can't expand too much on that but you know where I'm going here, I think. 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. The resultant company, Warner Bros. These statements appear in a number of places in this press release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; and (iii) growth strategy and operating strategy. If you experience any issues with this process, please contact us for further assistance. 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. Thanks for all of your support! It was founded in 1946 as the Central Farmers Fertilizer Company. Rythian added that three of his "trusted and almost always correct sources" confirmed this. LTNC peaked at $0.08 at the end of March but since then has crashed over 80%, leaving disgruntled shareholders sitting on huge losses. Please. 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. #NXTLVLNation #NXTLVL 25 119 The letter of intent contained a non-binding offer to purchase Takeover Industries in stock and assumed debt. More importantly, it is a utility. The Motley Fool has a disclosure policy. Faith Springs, LLC, Blue Ridge, GA is a privately held health company that manufacturers and develops various products. Dec 28, 2021. IIF didn't just talk but also walked the walk as it agreed to a $255 million termination fee. Takeover deals can be paid in cash, stocks, or both depending on the mutual agreement of parties. This was an easy decision as the proceeds will support more areas of our functional beverage brand development. Shareholders and interested parties are encouraged to follow @TakeoverJoe on Twitter for all future Company updates, which will include material information about the Company. 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. Is Vision Tech more or less likely to receive a hostile takeover bid? Copyright 2023 Surperformance. This video is going to be about Labor Smart, Inc (LTNC) "They provide temporary blue-collar staffing services primarily in the United States. 2. The hot gossip is that none other than Japanese tech and entertainment giant Sony (SONY 2.88%) is the interested party. Metavesco assumes that debt. 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. 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. All things considered, I think this is a reasonably attractive risk/reward and like this as an addition to my portfolio. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. 1. Investopedia. Making the world smarter, happier, and richer. To make the world smarter, happier, and richer. No company that is worth $10+ billion acts in this way. From November, the dividend ticks up ever so slightly (to $0.3193), as agreed upon in the M&A agreement. Takeover Industries has just passed its 100-day mark. But here, TO needs to raise capital and I believe will absolutely need to dilute. November 13, 2022. Mr. Schadel participated in a live Q & A after this announcement, which can be replayed here: The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. Labor SMART, Inc. More importantly, it is a utility. 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. 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). By providing my email, I consent to receiving investment related electronic messages from Stockhouse. Let's get them runway to do so. Pursuant to the Agreement, the Seller became a wholly owned subsidiary of the Company. Normally, when a company takeover is announced, the share price of the target company rises to around the level of the offer price. All sign mutual liability releases. STE 118 52. 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. Let's all get on the same page with an agreement so we can move forward to the future. 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. Tootsie Roll Industries, Inc., together with its subsidiaries, engages in manufacture and sale of . AT&T's WarnerMedia unit and Discovery Inc said on Friday that the two firms have completed the merger. Neither Take-Two nor Sony has yet commented on this speculation. 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. We put together employment agreements and add on equity compensation for milestones. 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 you have an ad-blocker enabled you may be blocked from proceeding. -, 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. NXT LVL Hydrogen Spring Water, sourced from natural springs, is infused with hydrogen and other all-natural supplements to aid in helping athletes prepare and recover from grueling training. In 2020, I realized we needed the right sales and marketing partner to scale up our business. The company can then choose its destiny. #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 . On closing, shareholders get a smaller stub dividend to make up for the time held between the last dividend and the finalization of the deal. 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 Manny Pacquiao & The Manny Pacquiao Foundation Sign Endorsement Deal with LTNC Takeover Industries April 18, 2021 9:15 ET| Source: Labor Smart, Inc Since the announcement date, the utility index is up about 10.6%: But SJI is still trading around ~$34 per share. 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. Contacts: He did not provide any more detail. Meet the founders behind the hottest new brands. The valuation for SJI doesn't look particularly rich even when it's trading with most of its merger premium included. 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. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. South Jersey Industries, Inc. ( NYSE: SJI) is a small utility with a market cap of ~$3 billion, primarily serving New Jersey customers. About Labor SMART, Inc. Mineralys Therapeutics Presents Positive Lorundrostat Results from the Phase 2 Target-HTN Trial 89bio Presents New Analysis of Data from Phase 2 ENTRIGUE Trial of Pegozafermin in Patients with New Analyses of Sotagliflozin Showing Time to Clinical Benefit Presented at The American College Avrupa Minerals Advances their Slivova Project via Partnership with Western Tethyan Resources, ION Energy Resumes Water Well Drilling at Urgakh Naran Ahead of Schedule, Q2 Metals Outlines Exciting 2023 Exploration Program and Acquires 3900 Hectare Stellar Lithium Property, Luminex Extends Cuyes West to Depth, with 5.0m grading 14.47g/t Au Eq and Identifies Wider, High-grade Zone Including 3.0m Grading 39.87 g/t Au Eq, Intermap wins new North American Insurance Software Contracts, The Next Gold Rush will Gold hit $3,500/oz in 2023? 954.347.8960. Follow me on Twitter here. It serves customers primarily engaged in construction, freight handling, landscaping, warehousing, janitorial, disaster response, light manufacturing, retail, or wholesale operations. The company uses a proprietary process to manufacture and enhance the in vitro efficacy of its products and is continuing to explore therapeutic areas where lowering oxidative stress can prove beneficial. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. 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. 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 broker isn't exactly generous in providing margin to hold this stock. 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 . I highly recommend it (pick episodes around topics that interest you) for the amazing guests that come on with regularity. In June 2008, Euro-Brazilian beverage company, InBev, made an unsolicited bid for iconic American beer brewer, Anheuser-Busch. 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. For more information, visit:www.TakeoverInd.comand www.NXTLVLUSA.com Email:ir@takeoverind.com. https://twitter.com/StanTradingMan/status/1366183816126214149 . Takeover Industries Incorporated: Defendant: Michael Holley, Chirine Holley, David Eisenberg and Unknown Eisenberg: Case Number: . 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. Heinz Co and Kraft Foods Group Inc merged their business to become Kraft Heinz Company, a leading global food . To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. That's like 3.5%+ on an annualized basis. 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 the Company'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. This deal isn't out of the woods yet. 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. The company supplies general laborers on demand to the light industries, including manufacturing, logistics, and warehousing; and skilled trades' people and general laborers to commercial construction industries. I have no business relationship with any company whose stock is mentioned in this article. The average Takeover Industries, stock forecast 2027 represents a -70.82% decrease from the last price of $0.00219999998807907. 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. Jun-11-19 09:23AM. 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). Please see the attached Non-Binding LOI for the acquisition of Takeover Industries, Inc. from Labor Smart, Inc., by Metavesco, Inc. All rights reserved. When he's done, LTNC will be a clean vehicle with a great looking balance sheet. 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 . You owe a sizeable amount of money to at least 2 people/entities for development of Takeover. 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. Phone. 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 first 100 days, the NXT LVL brand was launched, entered into a unique endorsement and joint venture agreements, and launched three products into the US market. The end result is a unique premium hydrogen water for consumers who desire improved mental clarity, accelerated physical recovery, and overall wellness through oxidative stress relief. This will not change the Companys ticker symbol LTNC or the Companys name. 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. 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. 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 However, I quickly discovered why the spread is on the juicy side. I'm confident Jason Tucker wishes to repair LTNC post spin out. 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? One of Britain's oldest engineering firms has been sold for 8.1bn to a controversial investment firm. All rights reserved. That said, Sony has plenty of financial muscle for a big-ticket acquisition should it want to bulk up in the video game segment. 10h Dismissal: Another win for both the shareholders & TO team as we now can get back focused on building a profitable beverage business. 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. 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. 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. 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. The Company is now focused on its subsidiary, Takeover Industries Inc. and rapidly expanding the NXT LVL Line of functional beverage products.. This will equate to a reverse split of everyone's equity position. 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. al. Takeover Industries has developed the next generation performance water for everyone from athletes to seniors looking to achieve optimal health, performance and overall wellness. My roots are in the value school but over time I've learned to respect different approaches. The executive management team has over 100 years of research, manufacturing, sales, marketing, operations, design, and production experience in the beverage industry. I understand that's an awful lot of speculation but I'm confident in my assessment here. Do not sell my personal infoPrivacy PolicyAssumption of Risk and Waiver of LiabilityContact Us, The ONLY Conference Dedicated to Convenience Category Managers. By providing your email address below, you are providing consent to South Jersey Industries Inc. to send you the requested Investor Email Alert updates. By continuing to use our service, you agree to our use of cookies. The Company believes his experience will be instrumental in transformation for the future. The company has a merger agreement with IFF - Infrastructure Investments Fund to be taken private at $36 per share. 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. After submitting your request, you will receive an activation email to the requested email address.
Lynn Toler Family,
George Burke Obituary,
Lax Centurion Lounge Reopening,
Easy Way To Calculate Backsight And Foresight In Surveys,
Chairman Of Disney Tatum,
Articles T