In the tweet, Rythian claimed to "have it on extremely good word that if Microsoft acquires Activision Blizzard, Sony is going after Take-Two Interactive to counter it.". 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. 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. The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. 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. April 16, 2021 - 8:25 am. Do not sell my personal infoPrivacy PolicyAssumption of Risk and Waiver of LiabilityContact Us, The ONLY Conference Dedicated to Convenience Category Managers. The detail page will show you the real-time trend, you can click into the MSN Money website for more details The water..is it dead? 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 Industries, Inc agreed to acquire Labor Smart, Inc. (OTCPK : LTNC) in a reverse merger transaction for approximately $240 million on February 28, 2021. Takeover Industries Inc. Launched A Signature Can For Its NXT LVL LTNC Takeover Industries Announces Sale of 'Labor Smart' Trademark LTNC has a large block of MVCO stock on its balance sheet that is benefiting from the growth of Takeover. For example, in 2015, ketchup maker H.J. AT&T's WarnerMedia unit and Discovery Inc said on Friday that the two firms have completed the merger. *Average returns of all recommendations since inception. 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. We need to drive revenue in a big way. It serves customers primarily engaged in construction, freight handling, landscaping, warehousing, janitorial, disaster response, light manufacturing, retail, or wholesale operations. Another Busted Stock Exchange Deal: Euronext-Allfunds Talks Collapse Here is my pitch on why this is the way for LTNC shareholders. HOW TO KILL A COMPANY - The Washington Post Zacks.com featured highlights JinkoSolar, UFP Industries, ASE Shareholders and interested parties are encouraged to follow @TakeoverJoe on Twitter for all future Company updates, which will include material information about the Company. Takeover Industries, Inc. v. Stanley Barsch et al 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. An energy drink brand intermixed with NFT's. 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? Conclusion Manny Pacquiao & The Manny Pacquiao Foundation Sign - Nasdaq I've been writing for Seeking Alpha since 2013 after playing p0ker professionally. Musk's new AI project could have the same effect as his Twitter takeover. That's like 3.5%+ on an annualized basis. Labor Smart, Inc is vulnerable to a hostile takeover that benefits no one, and I'm not talking about from Toby, Mike, et. Labor Smart, Inc 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. 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 . A hot rumor was behind the significant upward move. Stockhouse.com is owned by Stockhouse Publishing Ltd. 2019 Stockhouse Publishing Ltd. All rights reserved. MHW: Values-Based Gen-Z Driving Alcohol Trends; E-Comm Could See More M&A, Expo West Preview: Alt-Milk Innovators Build Around Clean Ingredients, Baristas, Expo West 2023: New Products From La Colombe, Sanzo, Machu Picchu and More, Download the BevNET & NOSH Insider Booth Planner for Expo West 2023, Pickle Juice Brings Functional Heat with New Chili Lime Shot, C4 Smart Energy Takes Focus at SXSW 2023 As The Official Energy Drink Brand, CELSIUS Celebrates Launch of New Fantasy Vibe Flavor With Celebrity Oceanfront Event In Malibu, Mela Water to Debut at Natural Products Expo West, Waterloo Launches Two New Flavors and Teams Up With Chef Curtis Stone, GURU Organic Energy Appoints Rajaa Grar as Chief Revenue Officer, Hot Out The Oven! Stan The Trading Man - Can He Be Trusted? | Penny Stock Whizzkid 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. Let's get them runway to do so. Menu icon A vertical stack of three evenly . The hot gossip is that none other than Japanese tech and entertainment giant Sony (SONY 2.88%) is the interested party. To make the world smarter, happier, and richer. What happens to your shares in a company takeover? All rights reserved. In . The live announcement can be replayed here: https://twitter.com/CRyanSchadel/status/1366149809397248002 . Northrop Grumman to acquire Litton Industries for $80 per share cash But this may not be . 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. Its been touted for its ability to improve cellular energy, support the aging process, and improve muscle recovery after a workout. 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. Finance Chapter 1-3 Flashcards | Quizlet dfidell@sjindustries.com. The company recently reported the process is on track and expected to close Q4 2022. For More Information: 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. I wrote this article myself, and it expresses my own opinions. Takeover Industries Introduces its Veteran Sales Dream Team All things considered, I think this is a reasonably attractive risk/reward and like this as an addition to my portfolio. 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. 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. 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 saw in a court filing last week a lender has now sent a demand letter and put the company in default. Takeover Industries Inc. | LinkedIn This needs to be done yesterday. Chicago, IL - February 28, 2023 - Stocks in this week's article are JinkoSolar Holding Co., Ltd. JKS, UFP Industries, Inc. UFPI, ASE Technology Holding Co., Ltd . 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. 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. TR - Tootsie Roll Industries, Inc. Stock Price and Quote - FINVIZ.com 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. I could earn a commission if you click through and make a purchase or subscribe.I am not a financial advisor. Eric Volkman has no position in any of the stocks mentioned. We also use them to share usage information with our partners. 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. ATLANTA, April 28, 2021 (GLOBE NEWSWIRE) -- Labor SMART, Inc. (LTNC) (the "Company"), announced that its recently acquired subsidiary, Takeover . 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. The letter of intent contained a non-binding offer to purchase Takeover Industries in stock and assumed debt. Simply Wall St. May-02-19 02:41PM. The Company is now focused on its subsidiary, Takeover Industries Inc. and rapidly expanding the NXT LVL Line of functional beverage products." 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. 10h Dismissal: Another win for both the shareholders & TO team as we now can get back focused on building a profitable beverage business. Time is of the essence. 29455 N Cave Creek Rd. Follow me on Twitter here. 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. #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 . ir@laborsmart.com, Get the latest news and updates from Stockhouse on social media, Stockhouse.com uses cookies on this site. 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