labor smart inc (LTNC:OTC BB)
Transactions by LABOR SMART INC (LTNC) in the last 6 months
Labor Smart, Inc. (OTCBB:LTNC) announced that it has entered into a securities purchase agreement for a private placement of a original issue discount convertible debentures for gross proceeds of $1,100,000 on August 18, 2014. The principal amount of debentures is $1,155,000. The company will issue the securities pursuant to exemption provided under Regulation D. The transaction will include participation from new investors, Redwood Management, LLC and accredited investors. ...
Labor Smart, Inc. (OTCBB:LTNC) signed an asset purchase agreement to acquire Shirley’s Employment Service, Inc. for $0.3 million on April 9, 2014. Under the terms of the asset purchase agreement, the purchase price for the assets is $0.3 million minus the open accounts receivable of the seller. Labor Smart agreed to pay a down payment equaling the total open accounts receivable of the Seller subtracted from $0.2 million to be paid in full no later than one day prior ...
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