takeover industries inc stock
But this may not be . 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 . FTK - Flotek Industries, Inc. Stock Price and Quote - FINVIZ.com An energy drink targeting athletes and body builders. 29455 N Cave Creek Rd. 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. Harborside Completes Reverse Takeover of Lineage Grow Company Ltd. Please disable your ad-blocker and refresh. June 07, 2021 08:40 ET There has been an early August 8-K update that the deal is on track to close Q4 2022. Im confident weve found that partner with the seasoned team of industry veterans at Takeover Industries Inc., New Labor Smart Inc., CEO & Takeover Industries President Joe Pavlik commented, This is truly a significant milestone for the Company, as this lays a solid foundation for future product development. Follow me on Twitter @Bramdehaas or email me Dehaas.Bram at Gmail. Labor SMART, Inc. Completes Acquisition of Takeover Industries, Inc 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 has a merger agreement with IFF -. 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 . 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. The Company also operates a restaurant franchise and is seeking additional opportunities outside of the staffing industry. Heinz Co and Kraft Foods Group Inc merged their business to become Kraft Heinz Company, a leading global food . By providing my email, I consent to receiving investment related electronic messages from Stockhouse. This needs to be done yesterday. Horizon Therapeutics plc - Rule 2.12 Announcement Manny Pacquiao & The Manny Pacquiao Foundation Sign - Benzinga 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 on the juicy side. Here is my pitch on why this is the way for LTNC shareholders. 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. 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? CF Industries - Wikipedia The resultant company, Warner Bros. More information about the potential factors that could affect the business and financial results is included in the Company's filings on sec.gov. 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. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. From November, the dividend ticks up ever so slightly (to $0.3193), as agreed upon in the M&A agreement. Members of Special Situation Report get exclusive access to our model portfolio. It is what it is. Labor SMART, Inc. Completes Acquisition of Takeover Industries, Inc. For more information, visit:www.TakeoverInd.comand www.NXTLVLUSA.com Email:ir@takeoverind.com. Utility M&A is notoriously a treacherous field. 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. GKN, which has had a hand in making everything from Minis to Spitfires, lost its battle to . Normally, when a company takeover is announced, the share price of the target company rises to around the level of the offer price. Sell Takeover to Metavesco for 1 million MVCO shares. 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. Takeover Industries Inc :: Nevada (US) :: OpenCorporates On the other hand, if the market anticipates that the offer will be rejected, the share price will . Takeover Industries shall issue 6.8 billion RESTRICTED shares of common stock to the shareholders of Labor Smart. It operates in two segments, Chemistry Technologies (CT) and Data Analytics (DA). Disclosure: I/we have a beneficial long position in the shares of SJI either through stock ownership, options, or other derivatives. 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. The company can then choose its destiny. My broker isn't exactly generous in providing margin to hold this stock. After submitting your request, you will receive an activation email to the requested email address. Investor Relations Overview. Is this happening to you frequently? Small cap utility trades at a 5.5% spread to the $36 acquisition price. He has already started recruiting industry experts to help. The company offers comprehensive assembly solutions to its many customers worldwide, including wire bonding equipment, packaging materials, and test interconnect products. I admit, its rather lengthy for an LOI, but given the ongoing legal issues at Takeover, this LOI required more legal jargon than I prefer. More importantly, it is a utility. www.sec.gov 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. Takeover Industries, home of NXT LVL on Twitter Manny Pacquiao said, NXT LVL Hydrogen Spring Water is my secret weapon for fast recovery & natural increased energy during training.. Access additional case information on PACER Use the links below to access additional information about this case on the US Court's PACER system. 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. 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. All rights reserved. Investopedia. But what about the LTNC shareholders? 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. If I take in all the above, I'm inclined to believe the market may somewhat overestimate the risk of a deal break. Twitter FURUs continuously say that this stock will be worth $1-$5 long-term. HOME | Takeover 2021-03-01 | EXPM:LTNC | Press Release | Labor Smart Inc The distinct regulatory path can take a long time and suddenly "out of nowhere" block a deal. Nothing inherently wrong with dilution to grow the business but the market cap is likely to be quite bloated and will fall quickly as new capital gets raised, potentially wiping out equity value of spun out TO shares. But you pick up dividends as you wait here worth $0.3193 per quarter per share. 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. Metavesco is a publicly traded web 3 enterprise. LTNC peaked at $0.08 at the end of March but since then has crashed over 80%, leaving disgruntled shareholders sitting on huge losses. The Company's clients range from small businesses to Fortune 100 companies. At the beginning of the year, LTNC acquired Takeover Industries, which produces sports drinks, such as NXT LVL hydrogen water. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. 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 . This last part might be a bit tough for everyone to get their head around. 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. 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. Takeover Industries, Inc. v. Stanley Barsch et al RSS Track this Docket Docket Report This docket was last retrieved on June 24, 2021. Takeover Industries Inc. Launched A Signature Can For Its NXT LVL 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. 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. IIF didn't just talk but also walked the walk as it agreed to a $255 million termination fee. In consideration therefor, the Company shall issue 6,800,000,000 RESTRICTED shares of . Phone. Takeover Industries Incorporated v. Holley et al Takeover Industries, Inc acquired Labor Smart, Inc. (OTCPK : LTNC) in a 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 . 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. November 13, 2022. Shareholders and interested parties are encouraged to follow @TakeoverJoe on Twitter for all future Company updates, which will include material information about the Company. But here, TO needs to raise capital and I believe will absolutely need to dilute. The water..is it dead? Announces Executive Changes, Labor Smart : Shareholder Update (Form 8-K). The letter of intent contained a non-binding offer to purchase Takeover Industries in stock and assumed debt. 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 wrote this article myself, and it expresses my own opinions. 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. The board of directors of CyberScope, Inc., is designing a stock option plan for its CEO that will motivate the CEO to increase the market value of the firm. 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. Contacts: The non-recurring implementation costs are estimated at 75 million. 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. I think we can get something done here too. I'm unsure what the strategy will be. 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. Mr. Schadel participated in a live Q & A after this announcement, which can be replayed here: In 2018 I founded Starshot Capital B.V. A Dutch AIF manager. 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 . Looking for a portfolio of ideas like this one? Beast & Ed Sheeran Are In The Mix. Takeover Industries has developed the next generation performance water for everyone from athletes to seniors looking to achieve optimal health, performance and overall wellness. 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. Mike Tzanetatos Named Chief Operating Officer of Takeover Industries. This deal isn't out of the woods yet. TR - Tootsie Roll Industries, Inc. Stock Price and Quote - FINVIZ.com 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? Feb. 28 - March 2, 2023 JW Marriott Bonnet Creek, Orlando, FL. NXT LVL Hydrogen Water, Hy-Vee Enter Distribution Deal 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. LTNC Takeover Industries Announces Sale of 'Labor Smart' Trademark 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. If you experience any issues with this process, please contact us for further assistance. Takeover Definition & Meaning - Merriam-Webster