When he's done, LTNC will be a clean vehicle with a great looking balance sheet. The entire sales and fulfillment team stays on. Utility M&A is notoriously a treacherous field. Mike.T@Takeoverind.com, Discover new solutions and ideas from our supplier partners. Takeover Industries Overview Update this profile Founded 2021 Status Public Stock Symbol LTNC Investments 1 General Information Description Labor Smart Inc is a United States based company engaged in providing on-demand temporary labor solutions to small and medium-sized businesses. Manny Pacquiao & The Manny Pacquiao Foundation Sign Endorsement Deal with LTNC Takeover Industries April 18, 2021 9:15 ET| Source: Labor Smart, Inc The company recently reported the process is on track and expected to close Q4 2022. NXT LVL Hydrogen Water, Hy-Vee Enter Distribution Deal Shareholders of Labor Smart will want to know what's included in this LOI. More information about the potential factors that could affect the business and financial results is included in the Company's filings on sec.gov. IIF didn't just talk but also walked the walk as it agreed to a $255 million termination fee. 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 . Since the announcement date, the utility index is up about 10.6%: But SJI is still trading around ~$34 per share. 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. 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. Takeover Industries, Inc. v. Stanley Barsch et al RSS Track this Docket Docket Report This docket was last retrieved on June 24, 2021. Apparently, the company will make a play to buy Take-Two if Microsoft succeeds in its determination to acquire Take-Two's fellow video game maker Activision Blizzard. I wrote this article myself, and it expresses my own opinions. The company was founded in 2011 and is based in Powder Springs, Georgia\". Takeover Industries Incorporated v. Holley et al Follow me on Twitter here. 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. It serves customers primarily engaged in construction, freight handling, landscaping, warehousing, janitorial, disaster response, light manufacturing, retail, or wholesale operations. Labor Smart, Inc. : Entry into a Material Definitive Agreement, Completion of Acquisition .. The buyer seems favorable, there is a big termination fee and utilities have performed well since deal announcement. More importantly, it is a utility. Rythian added that three of his "trusted and almost always correct sources" confirmed this. Jason Tucker must stay on as President and will have absolute discretion to build his team for Takeover post deal. Cost basis and return based on previous market day close. WarnerMedia, Discovery complete merger, become Warner Bros - CNBC By continuing to use our service, you agree to our use of cookies. Musk's new AI project could have the same effect as his Twitter takeover. Manny Pacquiao & The Manny Pacquiao Foundation Sign - Nasdaq Goldman Sachs, Morgan Stanley Face Off in Biggest Ever Takeover 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. CF Industries Holdings, Inc. is an American manufacturer and distributor of agricultural fertilizers, including ammonia, urea, and ammonium nitrate products, based in Deerfield, Illinois, a suburb of Chicago. 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. Copyright 2023 Surperformance. Manny Pacquiao said, NXT LVL Hydrogen Spring Water is my secret weapon for fast recovery & natural increased energy during training.. South Jersey Industries, Inc. (NYSE:SJI) is a small utility with a market cap of ~$3 billion, primarily serving New Jersey customers. Labor SMART, Inc. Completes Acquisition of Takeover Industries, Inc. Mergers Mergers Merger refers to a strategic process whereby two or more companies mutually form a new single legal venture. 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? The distinct regulatory path can take a long time and suddenly "out of nowhere" block a deal. 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. The spread is a juicy 5.5% (roughly $2 per share) and it could potentially close before yearend. It was founded in 1946 as the Central Farmers Fertilizer Company. This last part might be a bit tough for everyone to get their head around. I hear it is, but is it? 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. 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. Boustead Holdings Shares Soar After Takeover Proposal Beast & Ed Sheeran Are In The Mix. 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. 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. 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. 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 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. South Jersey Industries, Inc. ( NYSE: SJI) is a small utility with a market cap of ~$3 billion, primarily serving New Jersey customers. The live announcement can be replayed here: https://twitter.com/CRyanSchadel/status/1366149809397248002 . 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? Latest NXT LVL product "final samples" are being produced & shipped over the next week. Heres What Hedge Funds Think About Tootsie Roll Industries, Inc. (TR) Insider Monkey. For more information, visit:www.TakeoverInd.comand www.NXTLVLUSA.com Email:ir@takeoverind.com. I could earn a commission if you click through and make a purchase or subscribe.I am not a financial advisor. 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. 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. I have no business relationship with any company whose stock is mentioned in this article. 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. Simply Wall St. May-02-19 02:41PM. Utilities are kind of notorious for regulatory intervention. For more information,. Disclosure: I/we have a beneficial long position in the shares of SJI either through stock ownership, options, or other derivatives. The hot gossip is that none other than Japanese tech and entertainment giant Sony (SONY 2.88%) is the interested party. 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. Members of Special Situation Report get exclusive access to our model portfolio. HOW TO KILL A COMPANY - The Washington Post Normally that might not matter. Pavlik further states, The Company was offered, and has agreed to accept the offer of $250,000.00 USD for the sale of the Trademark, and we also retain the right to use the Trademark royalty free for the next two years. On February 27, 2021, Labor Smart, Inc. (the "Company") entered into a Stock Purchase Agreement (the "Agreement") with Takeover Industries, Inc. (the "Seller"). 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. Metavesco Sends Open Letter, Non-Binding LOI to Takeover Industries That said, Sony has plenty of financial muscle for a big-ticket acquisition should it want to bulk up in the video game segment. It is currently one of the company's main operations and a major step to diversify the company's business from its personnel services. Metavesco is a publicly traded web 3 enterprise. Copyright 2023 ACCESSWIRE. Its been touted for its ability to improve cellular energy, support the aging process, and improve muscle recovery after a workout. STE 118 52 Cave Creek , AZ 85331United States. 1. Takeover Industries has developed the next generation performance water for everyone from athletes to seniors looking to achieve optimal health, performance and overall wellness. After submitting your request, you will receive an activation email to the requested email address. 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 water..is it dead? We also use them to share usage information with our partners. In addition to serving as a Senator of the Philippines, Pacquiao is also the founder of the Manny Pacquiao Foundation (MPF), a California based non-profit, fighting for those less fortunate and spreading hope around the world. The non-recurring implementation costs are estimated at 75 million. Takeover Industries: Home of the"NXT LVL" Brand - Twitter SEC 2. Manny Pacquiao & LTNC Takeover Industries Enter into Joint Venture Smash that like button and subscribe to the channel and as always have a good day!Sources:https://www.globenewswire.com/news-release/2021/03/01/2184340/0/en/Labor-SMART-Inc-Completes-Acquisition-of-Takeover-Industries-Inc.html\\https://twitter.com/cryanschadel?s=21Join this channel to get access to perks:https://www.youtube.com/channel/UCcoE3R47xyO1ApE-A3EjZhA/join FOLLOW ME:Instagram: https://www.instagram.com/murphy4848/Twitter: https://twitter.com/LucasMurphy4848EMAIL: lmurphy4811@gmail.comEquipment-Mouse pad-https://amzn.to/3c1dNQxBlue Yeti -https://amzn.to/2WiPYNEUSB Port-https://amzn.to/2YsC66cBeats-https://amzn.to/3b1s4f1Acer Dual Screen-https://amzn.to/3ffkIrxThe Coffee Grind: https://coffeegrindco.com/Use #STOCKGRINDER for 10% off your purchaseRaze Energy: https://reppsports.com/Use promo code LMYC48 and receive 15% off your purchase order!! Takeover Industries shall issue 6.8 billion RESTRICTED shares of common stock to the shareholders of Labor Smart. https://twitter.com/StanTradingMan/status/1366183816126214149 . The Labor Smart by-laws will require a shareholder vote to do this deal and the magic Series A Preferred Shares won't be enough per the by-laws and I will not vote any of my personal shares in said vote. For example, in 2015, ketchup maker H.J. I'm not here to judge. My roots are in the value school but over time I've learned to respect different approaches. Psyence Group: pioneering the use of natural psychedelics for mental health and wellbeing, The best gold opportunities in Quebec lie in the James Bay region thanks to this Canadian-based exploration company, The tech company making the most gains on the TSX. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Chapter 10 Corporate Governance Quiz Flashcards | Quizlet 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. 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. Eric Volkman has no position in any of the stocks mentioned. As previously stated, we expect to have our first product available for purchase before Easter.. Finance Chapter 1-3 Flashcards | Quizlet 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. No company that is worth $10+ billion acts in this way. There has been an early August 8-K update that the deal is on track to close Q4 2022. Elon Musk wants to build the next ChatGPT. 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. As a result, its. | Source: The board discussed the challenges associated with utility acquisitions several times during negotiations. He has already started recruiting industry experts to help. 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. On June 22nd, Stan deleted his Twitter account and LTNC's parent company Takeover Industries is suing Mr Barsch for stock manipulation. The executive management team has over 100 years of research, manufacturing, sales, marketing, operations, design, and production experience in the beverage industry. I have been doing research in ways to solve global issues since 1994. In addition, the break price could potentially be around ~$28 instead of $24. They can take longer than expected and get derailed after you've been holding for quite a while. Takeover Definition & Meaning - Merriam-Webster 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. #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 . The consensus among analysts is that the intrinsic value of Vision Tech's stock is $27 per share. South Jersey Industries Stock: A Juicy Merger Spread On A Small-Cap My approach here lets Jason and team build and lets JG focus solely on clean up with a built-in mechanism to raise capital in the future. 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. For its first 56 years, it was a federation of regional agricultural supply cooperatives. Labor SMART, Inc. provides On-Demand temporary labor to a variety of industries. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. 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. 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 . Takeover Industries Inc Company Profile | Cave Creek, AZ | Competitors Cookies are used to offer you a better browsing experience and to analyze our traffic. While this deal is awaiting approval, shareholders also receive dividends at quarterly intervals. 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 . Manny Pacquiao & The Manny Pacquiao Foundation Sign - Benzinga Learn More. For More Information: InBev and Anheuser-Busch. Takeover Industries - Products, Competitors, Financials, Employees Zacks.com featured highlights JinkoSolar, UFP Industries, ASE The fuel for this rumor appears to be a Thursday morning post on a relatively obscure entertainment website called Xfire. In consideration therefor, the Company shall issue 6,800,000,000 RESTRICTED shares of . 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. FTK - Flotek Industries, Inc. Stock Price and Quote - FINVIZ.com In the announcement, Ryan Schadel, outgoing President and CEO of Labor Smart, Inc. announced he was canceling and retiring 500 million shares of Labor Smart, Inc. common stock that was removed from the tradeable float. The letter of intent contained a non-binding offer to purchase Takeover Industries in stock and assumed debt. In the first 100 days, the NXT LVL brand was launched, entered into a unique endorsement and joint venture agreements, and launched three . 29455 N Cave Creek Rd. Toby, Joe, Mike keep 100 million common shares and send anything over that amount to the LTNC treasury for cancellation. We put together employment agreements and add on equity compensation for milestones. Feb. 28 - March 2, 2023 JW Marriott Bonnet Creek, Orlando, FL. AT&T's WarnerMedia unit and Discovery Inc said on Friday that the two firms have completed the merger. Will be interesting to see how the lawsuit plays out! LTNC Takeover Industries Announces Sale of 'Labor Smart' dfidell@sjindustries.com. 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 words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. 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. -, 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. Could Elon Musk's ChatGPT Take Tesla (TSLA) Stock to the Next Level This eclectic and creative style of investing seems to suit my personality and interests most closely. The Company also operates a restaurant franchise and is seeking additional opportunities outside of the staffing industry. What Are Some Top Examples of Hostile Takeovers? - Investopedia More importantly, it is a utility. Sell Takeover to Metavesco for 1 million MVCO shares. Takeover Industries Inc :: Nevada (US) :: OpenCorporates 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. Admittedly, a delay to Q1 2023 would not be that surprising. Present: There is tremendous opportunity and potential for Takeover products. Vice President of Sales West 954.347.8960 All sign mutual liability releases. We've built a foundation that management believes will deliver rapid growth and high value for our shareholders. 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. Labor SMART, Inc. Completes Acquisition of Takeover Industries, Inc To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. However, a few things are mitigating my concerns about this deal. Sell some MVCO, buyback some LTNC, do a reverse merger..really whatever the shareholders decide they want it to be. 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. Why Take-Two Interactive Stock Leaped 6% Higher Today Mike Tzanetatos Named Chief Operating Officer of Takeover Industries. 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. Horizon Therapeutics plc - Rule 2.12 Announcement 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. The company offers comprehensive assembly solutions to its many customers worldwide, including wire bonding equipment, packaging materials, and test interconnect products. Takeover Industries, Inc. v. Stanley Barsch et al But you pick up dividends as you wait here worth $0.3193 per quarter per share. On May 30, 2019, Harborside Inc. (formerly Lineage Grow Company Ltd.) ("Harborside" or the "Company"), completed its reverse takeover of FLRish, Inc. (d/b/a Harborside) ("FLRish") pursuant to the terms of a merger agreement among the . Second, IFF is a financial buyer with a very long-term holding period as opposed to a strategic buyer. A hot rumor was behind the significant upward move. Menu icon A vertical stack of three evenly . Normally, when a company takeover is announced, the share price of the target company rises to around the level of the offer price. is on the juicy side. I wrote this article myself, and it expresses my own opinions. I've been writing for Seeking Alpha since 2013 after playing p0ker professionally. *Average returns of all recommendations since inception. The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements.
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