Mike Tzanetatos Named Chief Operating Officer of Takeover Industries. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Mr. Schadel is expected to stay on as an advisor as long as necessary and will continue to manage the Company’s effort in becoming current with OTC Markets. You must click the activation link in order to complete your subscription. I have no business relationship with any company whose stock is mentioned in this article. No company that is worth $10+ billion acts in this way. 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. I could earn a commission if you click through and make a purchase or subscribe.I am not a financial advisor. 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 water..is it dead? 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 . I believe this is in LTNC shareholders best interest and hope you accept the LOI on or before November 16, 2022, at 4pm New York time. This will equate to a reverse split of everyone's equity position. It is currently one of the company's main operations and a major step to diversify the company's business from its personnel 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. More importantly, it is a utility. 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. We need to drive revenue in a big way. The average Takeover Industries, stock forecast 2027 represents a -70.82% decrease from the last price of $0.00219999998807907. 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. An energy drink brand intermixed with NFT's. 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. On June 22nd, Stan deleted his Twitter account and LTNC's parent company Takeover Industries is suing Mr Barsch for stock manipulation. Utilities are kind of notorious for regulatory intervention. Here is my pitch on why this is the way for LTNC shareholders. 2. While this deal is awaiting approval, shareholders also receive dividends at quarterly intervals. I'll adhere to etiquette and not make the LOI itself public, but I will publish this open letter as sort of a TL:DR. 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. 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. Thanks for all of your support! 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. We will launch two new product lines. Future: Jason Tucker would continue to lead Takeover Industries, Inc. as a wholly owned subsidiary of Metavesco. 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. I believe this opportunity is being hamstrung by internal issues. Disclosure: I/we have a beneficial long position in the shares of SJI either through stock ownership, options, or other derivatives. Conclusion Labor SMART believes it can make a positive contribution each and every day for the benefit of its clients and temporary employees. All rights reserved. I've been writing for Seeking Alpha since 2013 after playing p0ker professionally. I/we have a beneficial long position in the shares of SJI either through stock ownership, options, or other derivatives. Beast & Ed Sheeran Are In The Mix. I have been doing research in ways to solve global issues since 1994. The buyer seems favorable, there is a big termination fee and utilities have performed well since deal announcement. The non-recurring implementation costs are estimated at 75 million. Manny Pacquiao said, NXT LVL Hydrogen Spring Water is my secret weapon for fast recovery & natural increased energy during training.. 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. Shareholders and interested parties are encouraged to follow @TakeoverJoe on Twitter for all future Company updates, which will include material information about the Company. Safe Harbor Statement The Company's clients range from small businesses to Fortune 100 companies. 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. 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! I'm unsure what the strategy will be. View the, https://twitter.com/CRyanSchadel/status/1366149809397248002, https://twitter.com/StanTradingMan/status/1366183816126214149, The Market Heralds Weekly Cannabis Report Mar 3, 2023, @ the Bell: TSX in the green though rate hikes loom. The company can then choose its destiny. For more information, visit:www.TakeoverInd.comand www.NXTLVLUSA.com Email:ir@takeoverind.com. 1. 954.347.8960. An energy drink targeting athletes and body builders. Admittedly, a delay to Q1 2023 would not be that surprising. 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. Shareholders and interested parties are encouraged to follow @TakeoverJoe on Twitter for all future Company updates, which will include material information about the Company. Ryan SchadelPresident - Metavesco, Inc., a web3 enterprise. But here, TO needs to raise capital and I believe will absolutely need to dilute. Present: There is tremendous opportunity and potential for Takeover products. However, a few things are mitigating my concerns about this deal. 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. 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. Takeover Industries Inc. To make the world smarter, happier, and richer. Announces Executive Changes, Labor Smart : Shareholder Update (Form 8-K). The company was founded in 2011 and is based in Powder Springs, Georgia\". June 07, 2021 08:40 ET 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. 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. In June 2008, Euro-Brazilian beverage company, InBev, made an unsolicited bid for iconic American beer brewer, Anheuser-Busch. Amy Marcen-Gaudaur, Sherri M. Altshuler, Melanie Cole, Adria Leung Lim, Sean Green and Barbara Worndl. 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. 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 The company recently reported the process is on track and expected to close Q4 2022. 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. 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 to purchase Takeover Industries in stock and assumed debt. Takeover Industries shall issue 6.8 billion RESTRICTED shares of common stock to the shareholders of Labor Smart. 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. 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? Menu icon A vertical stack of three evenly . 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. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. 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. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Feb. 28 - March 2, 2023 JW Marriott Bonnet Creek, Orlando, FL. Dec 28, 2021. Rythian added that three of his "trusted and almost always correct sources" confirmed this. But this may not be . 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. Reading through the filings the issue isn't even repayment, its more an issue of infighting and governance. From November, the dividend ticks up ever so slightly (to $0.3193), as agreed upon in the M&A agreement. I wrote this article myself, and it expresses my own opinions. The Company is now focused on its subsidiary, Takeover Industries Inc. and rapidly expanding the NXT LVL Line of functional beverage products.. 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. Everyone calls their lawyer and stops all actions against each other. As previously stated, we expect to have our first product available for purchase before Easter.. 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. 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 transitioning into a diversified holding company, has completed the acquisition of Takeover Industries, Inc. ATLANTA, April 28, 2021 (GLOBE NEWSWIRE) -- Labor SMART, Inc. (LTNC) (the "Company"), announced that its recently acquired subsidiary, Takeover . 29455 N Cave Creek Rd. Shareholders of Labor Smart will want to know what's included in this LOI. Labor Smart, Inc On the other hand, if the market anticipates that the offer will be rejected, the share price will . 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, 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. 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. 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. 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.". Hopefully you enjoy the video! 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 ONLY event dedicated to convenience category managers. The Motley Fool has a disclosure policy. 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 Sobe . 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 . This deal isn't out of the woods yet. Takeover Industries, Inc completed the acquisition of Labor Smart, Inc. (OTCPK : LTNC) in a reverse merger transaction on March 1, 2021. https://twitter.com/StanTradingMan/status/1366183816126214149 . My roots are in the value school but over time I've learned to respect different approaches. Gentlemen of the Board of Directors of Labor Smart, Inc.. 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. ATLANTA, April 28, 2021 (GLOBE NEWSWIRE) -- Labor SMART, Inc. (LTNC) (the "Company"), announced that its recently acquired subsidiary, Takeover Industries Inc., has officially signed an . Flotek Industries, Inc. operates as a technology-driven chemistry and data company that serves customers across industrial, commercial, and consumer markets in the United States, the United Arab Emirates, and internationally. Contacts: This deal isn't out of the woods yet. The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. Let's get them runway to do so. http://nxtlvlusa.com/pacman/. Research suggests that boards of directors perform better if This eclectic and creative style of investing seems to suit my personality and interests most closely. PROOF OF SERVICE Executed by Plaintiff Takeover Industries, Inc., upon Defendant Michael Holley served on 1/15/2022, answer due 2/7/2022. November 13, 2022. Consequently, the board is setting the option strike price substantially higher than the current stock price. About Labor SMART, Inc. 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 . According to some resources, adding hydrogen gas to the water increases its health, wellness and antioxidant properties. 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 . Please see the attached Non-Binding LOI for the acquisition of Takeover Industries, Inc. from Labor Smart, Inc., by Metavesco, Inc. A group of private equity firms, including Blackstone Group, Carlyle Group and Hellman & Friedman, agreed to buy a majority stake in medical supply manufacturer and distributor Medline. 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. Manny Pacquiao & The Manny Pacquiao Foundation Sign Endorsement Deal with LTNC Takeover Industries April 18, 2021 9:15 ET| Source: Labor Smart, Inc The process begins with pure mountain spring water free of chlorine, fluoride, chromium 6, MTBE, and BPA, is enhanced with various trace mineral complexes, then finished off with infused molecular hydrogen. Copyright 2023 Surperformance. Please go to the link in the email message to retrieve your password. The resultant company, Warner Bros. Takeover Industries has developed the next generation performance water for everyone from athletes to seniors looking to achieve optimal health, performance and overall wellness. ATLANTA, April 16, 2021 (GLOBE NEWSWIRE) -- Labor SMART, Inc. (the "Company"), announced that its recently acquired subsidiary, Takeover Industries Inc., has officially assembled its National Sales Dream Team.Takeover's new National Sales team consists of three accomplished industry veterans with the extensive knowledge, relationships and experience to manage . The detail page will show you the real-time trend, you can click into the MSN Money website for more details Less likely Investment banks traditionally help companies raise capital Commercial banks In addition, the break price could potentially be around ~$28 instead of $24. United States. 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. At South Jersey Industries Inc. , we promise to treat your data with respect and will not share your information with any third party. 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). 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. It serves customers primarily engaged in construction, freight handling, landscaping, warehousing, janitorial, disaster response, light manufacturing, retail, or wholesale operations. 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. 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. dfidell@sjindustries.com. The point is to make money with risks under control. One of Britain's oldest engineering firms has been sold for 8.1bn to a controversial investment firm. All things considered, I think this is a reasonably attractive risk/reward and like this as an addition to my portfolio. Kulicke & Soffa Industries, Inc. (K&S) is the world's largest manufacturer and supplier of semiconductor assembly equipment. It operates in two segments, Chemistry Technologies (CT) and Data Analytics (DA). 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. The post cites as a source a tweet published on Monday by a self-described "gaming industry analyst" with the Twitter handle of Rythian. If I take in all the above, I'm inclined to believe the market may somewhat overestimate the risk of a deal break. All sign mutual liability releases. You've already built some distribution and supply chain capabilities. I think we can get something done here too. Labor Smart, Inc. : Entry into a Material Definitive Agreement, Regulation FD Disclosure, .. Labor Smart : NXT LVL Hydrogen Water, Hy-Vee Enter Distribution Deal, NXT LVL Hydrogen Water, Hy-Vee Enter Distribution Deal, Labor Smart : Purchase and Sale Agreement (Form 8-K). The valuation for SJI doesn't look particularly rich even when it's trading with most of its merger premium included. All rights reserved. In the first 100 days, the NXT LVL brand was launched, entered into a unique endorsement and joint venture agreements, and launched three . Mr. Schadel participated in a live Q & A after this announcement, which can be replayed here: 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. I hear it is, but is it? I am not receiving compensation for it (other than from Seeking Alpha). Utility deals tend to be treacherous affairs. In the winter of 1978, Houdaille common stock was selling for. 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. Elon Musk wants to build the next ChatGPT. Looking for a portfolio of ideas like this one? 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. Can't expand too much on that but you know where I'm going here, I think. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Metavesco assumes that debt. I am not receiving compensation for it (other than from Seeking Alpha). Vice President of Sales West 954.347.8960 Please disable your ad-blocker and refresh. Latest NXT LVL product "final samples" are being produced & shipped over the next week. Labor SMART, Inc. provides On-Demand temporary labor to a variety of industries. 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. --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.. 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. This press release contains statements that constitute forward-looking statements. However, I quickly discovered why the spread is on the juicy side. 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. This last part might be a bit tough for everyone to get their head around. Follow me on Twitter here. My broker isn't exactly generous in providing margin to hold this stock. Labor SMART, Inc. Not So Sweet News For Some Brands? 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. 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?