South Jersey Industries, Inc. ( NYSE: SJI) is a small utility with a market cap of ~$3 billion, primarily serving New Jersey customers. For its first 56 years, it was a federation of regional agricultural supply cooperatives. 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. InBev offered to buy Anheuser-Busch for $65 . Stockhouse.com is owned by Stockhouse Publishing Ltd. 2019 Stockhouse Publishing Ltd. All rights reserved. This last part might be a bit tough for everyone to get their head around. I think we can get something done here too. #NXTLVLNation #NXTLVL 25 119 Members of Special Situation Report get exclusive access to our model portfolio. 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 believes his experience will be instrumental in transformation for the future. Announces Executive Changes, Labor Smart : Shareholder Update (Form 8-K). Is this happening to you frequently? I saw in a court filing last week a lender has now sent a demand letter and put the company in default. Stockhouse membership requires an email address which must be shared by Facebook. 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. Takeover Industries, Inc. v. Stanley Barsch et al RSS Track this Docket Docket Report This docket was last retrieved on June 24, 2021. 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. Less likely Investment banks traditionally help companies raise capital Commercial banks STE 118 52 Cave Creek , AZ 85331United States. The resultant company, Warner Bros. 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. Sell Takeover to Metavesco for 1 million MVCO shares. I am not receiving compensation for it (other than from Seeking Alpha). Takeover Industries has developed the next generation performance water for everyone from athletes to seniors looking to achieve optimal health, performance and overall wellness. Can't expand too much on that but you know where I'm going here, I think. All sign mutual liability releases. Vice President of Sales West 954.347.8960 As previously stated, we expect to have our first product available for purchase before Easter.. Assuming LTNC does get a spin out done of Takeover, it's unlikely to be on a 1:1 share basis. 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. 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. 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 has just passed its 100-day mark. November 13, 2022. Labor SMART, Inc. Completes Acquisition of Takeover Industries, Inc. CEO to Retire Half Billion Shares . The company was founded in 2011 and is based in Powder Springs, Georgia\". The Company's clients range from small businesses to Fortune 100 companies. If the market anticipates a better offer in the future, the share price will rise above the price extended to you. Toby, Joe, Mike keep 100 million common shares and send anything over that amount to the LTNC treasury for cancellation. Rythian added that three of his "trusted and almost always correct sources" confirmed this. 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. Ryan SchadelPresident - Metavesco, Inc., a web3 enterprise. He did not provide any more detail. 10h Dismissal: Another win for both the shareholders & TO team as we now can get back focused on building a profitable beverage business. This will not change the Companys ticker symbol LTNC or the Companys name. Copyright 2023 Surperformance. 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. Labor SMART, Inc. 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. All things considered, I think this is a reasonably attractive risk/reward and like this as an addition to my portfolio. 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. Research suggests that boards of directors perform better if It's not coming from any sources that can be considered authoritative. April 16, 2021 - 8:25 am. Admittedly, a delay to Q1 2023 would not be that surprising. All rights reserved. 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. -, 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. Meet the founders behind the hottest new brands. 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. *Average returns of all recommendations since inception. 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. 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. This will equate to a reverse split of everyone's equity position. Follow me on Twitter here. Apparently, a big name in tech and entertainment is considering making a play for Take-Two. Roughly a week after disclosing a 5.5 billion, or $5.9 billion, bid for the fund-distribution service Allfunds Group, Euronext has pulled the offer. In . We also use them to share usage information with our partners. Since the announcement date, the utility index is up about 10.6%: But SJI is still trading around ~$34 per share. Takeover Explained. Please. Dan FidellVice President of Investor Relations, 609-561-9000 ext 7027 Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. There has been an early August 8-K update that the deal is on track to close Q4 2022. But here, TO needs to raise capital and I believe will absolutely need to dilute. 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. 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 6.05%) on Thursday. 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. 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. When he's done, LTNC will be a clean vehicle with a great looking balance sheet. ATLANTA, April 28, 2021 (GLOBE NEWSWIRE) -- Labor SMART, Inc. (LTNC) (the "Company"), announced that its recently acquired subsidiary, Takeover . Given my hypothesis in #1, current shareholders are going to be really dependent on a future with LTNC trading and engaged in a growing industry. 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? http://nxtlvlusa.com/pacman/. More information about the potential factors that could affect the business and financial results is included in the Company's filings on sec.gov. This should be easy to bolt on and build from a different audience. Learn More. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. While this deal is awaiting approval, shareholders also receive dividends at quarterly intervals. Do not sell my personal infoPrivacy PolicyAssumption of Risk and Waiver of LiabilityContact Us, The ONLY Conference Dedicated to Convenience Category Managers. Please see the attached Non-Binding LOI for the acquisition of Takeover Industries, Inc. from Labor Smart, Inc., by Metavesco, Inc. The company can then choose its destiny. Labor Smart, Inc I wrote this article myself, and it expresses my own opinions. is on the juicy side. 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. In the winter of 1978, Houdaille common stock was selling for. I'm confident Jason Tucker wishes to repair LTNC post spin out. Safe Harbor Statement Here is my pitch on why this is the way for LTNC shareholders. 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. STE 118 52. The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. 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. They can take longer than expected and get derailed after you've been holding for quite a while. Making the world smarter, happier, and richer. Takeover Industries, Inc agreed to acquire Labor Smart, Inc. (OTCPK : LTNC) in a reverse merger transaction for approximately $240 million on February 28, 2021. Is Vision Tech more or less likely to receive a hostile takeover bid? #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 . Gentlemen of the Board of Directors of Labor Smart, Inc.. That said, Sony has plenty of financial muscle for a big-ticket acquisition should it want to bulk up in the video game segment. Musk's new AI project could have the same effect as his Twitter takeover. In consideration therefor, the Company shall issue 6,800,000,000 RESTRICTED shares of . 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? 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!! ir@laborsmart.com, Get the latest news and updates from Stockhouse on social media, Stockhouse.com uses cookies on this site. --Labor SMART, Inc., announced that its recently acquired subsidiary, Takeover Industries Inc., has officially signed an endorsement deal with Manny Pacquiao and The Manny Pacquiao Foundation.. take over: [verb] to assume control or possession of or responsibility for. 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. Let's get them runway to do so. A more recent docket listing may be available from PACER . PROOF OF SERVICE Executed by Plaintiff Takeover Industries, Inc., upon Defendant Michael Holley served on 1/15/2022, answer due 2/7/2022. Hopefully you enjoy the video! Follow me on Twitter @Bramdehaas or email me Dehaas.Bram at Gmail. 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. Takeover Industries, Inc. is a subsidiary of Labor Smart, Inc. (LTNC) (the "Company"). On the other hand, if the market anticipates that the offer will be rejected, the share price will . 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
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