United States. I'm not here to judge. Eric Volkman has no position in any of the stocks mentioned. STE 118 52 Cave Creek , AZ 85331United States. 10h Dismissal: Another win for both the shareholders & TO team as we now can get back focused on building a profitable beverage business. Second, IFF is a financial buyer with a very long-term holding period as opposed to a strategic buyer. The most exclusive conference for convenience executives, Empowering and developing women in the c-store industry, Assumption of Risk and Waiver of Liability. Tootsie Roll Industries, Inc., together with its subsidiaries, engages in manufacture and sale of . This eclectic and creative style of investing seems to suit my personality and interests most closely. On July 22, 2021 CSP named NXT LVL Hydrogen Spring Water as a finalist for Best New Product of the Year. 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 board discussed the challenges associated with utility acquisitions several times during negotiations. Metavesco is a publicly traded web 3 enterprise. Labor SMART, Inc. Completes Acquisition of Takeover Industries, Inc. CEO to Retire Half Billion Shares . Access additional case information on PACER Use the links below to access additional information about this case on the US Court's PACER system. For more information, visit:www.TakeoverInd.comand www.NXTLVLUSA.com Email:ir@takeoverind.com. On February 27, 2021, Labor Smart, Inc. (the "Company") entered into a Stock Purchase Agreement (the "Agreement") with Takeover Industries, Inc. (the "Seller"). 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. As previously stated, we expect to have our first product available for purchase before Easter.. That's not an insignificant amount on a $3 billion market cap utility and comes to $2 of value per share in case of a deal break. 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. An energy drink brand intermixed with NFT's. Invest better with The Motley Fool. This deal isn't out of the woods yet. 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? Takeover Industries, Inc. is a subsidiary of Labor Smart, Inc. (LTNC) (the "Company"). He did not provide any more detail. In . 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. All rights reserved. Kulicke & Soffa Industries, Inc. (K&S) is the world's largest manufacturer and supplier of semiconductor assembly equipment. The company has a merger agreement with IFF - Infrastructure Investments Fund to be taken private at $36 per share. Copyright 2023 Surperformance. Takeover Industries Incorporated: Defendant: Michael Holley, Chirine Holley, David Eisenberg and Unknown Eisenberg: Case Number: . is on the juicy side. Let's get them runway to do so. The company has a merger agreement with IFF -. In consideration therefor, the Company shall issue 6,800,000,000 RESTRICTED shares of . 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. #NXTLVLNation #NXTLVL 25 119 Manny Pacquiao & The Manny Pacquiao Foundation Sign Endorsement Deal with LTNC Takeover Industries April 18, 2021 9:15 ET| Source: Labor Smart, Inc 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. Takeover deals can be paid in cash, stocks, or both depending on the mutual agreement of parties. 2. | Source: 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. From November, the dividend ticks up ever so slightly (to $0.3193), as agreed upon in the M&A agreement. 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. Please see the attached Non-Binding LOI for the acquisition of Takeover Industries, Inc. from Labor Smart, Inc., by Metavesco, Inc. Menu icon A vertical stack of three evenly . 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.". My roots are in the value school but over time I've learned to respect different approaches. By providing your email address below, you are providing consent to South Jersey Industries Inc. to send you the requested Investor Email Alert updates. I understand that's an awful lot of speculation but I'm confident in my assessment here. 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. Not So Sweet News For Some Brands? The fuel for this rumor appears to be a Thursday morning post on a relatively obscure entertainment website called Xfire. 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. http://nxtlvlusa.com/pacman/. 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. The Motley Fool has a disclosure policy. 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? Heres What Hedge Funds Think About Tootsie Roll Industries, Inc. (TR) Insider Monkey. If you experience any issues with this process, please contact us for further assistance. Im very confident of our ability to bring new products to market with a long term, research driven, manufacturing partner like Faith Springs. The spread is a juicy 5.5% (roughly $2 per share) and it could potentially close before yearend. I wrote this article myself, and it expresses my own opinions. This will not change the Companys ticker symbol LTNC or the Companys name. Address. The water..is it dead? My broker isn't exactly generous in providing margin to hold this stock. 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. If you change your Facebook permissions to restrict Stockhouse from receiving your email while joining or signing in to Stockhouse then it will fail. This last part might be a bit tough for everyone to get their head around. 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. Disclosure: I/we have a beneficial long position in the shares of SJI either through stock ownership, options, or other derivatives. I am not receiving compensation for it (other than from Seeking Alpha). To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. I gravitate towards special-situations. Rythian added that three of his "trusted and almost always correct sources" confirmed this. Follow me on Twitter here. 29455 N Cave Creek Rd. According to some resources, adding hydrogen gas to the water increases its health, wellness and antioxidant properties. At the end of its most recently reported quarter, it had the equivalent of nearly $12 billion in cash and short-term investments and, surely, the ability to secure much more through various types of financing. 1. 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. Discovery, will start trading on Nasdaq on Monday. AT&T's WarnerMedia unit and Discovery Inc said on Friday that the two firms have completed the merger. 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. LTNC has a large block of MVCO stock on its balance sheet that is benefiting from the growth of 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 words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. Mr. Schadel participated in a live Q & A after this announcement, which can be replayed here: Takeover Industries, Inc completed the acquisition of Labor Smart, Inc. (OTCPK : LTNC) in a reverse merger transaction on March 1, 2021. The consensus among analysts is that the intrinsic value of Vision Tech's stock is $27 per share. Announces Executive Changes, Labor Smart : Shareholder Update (Form 8-K). The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. Normally, when a company takeover is announced, the share price of the target company rises to around the level of the offer price. 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. Feb. 28 - March 2, 2023 JW Marriott Bonnet Creek, Orlando, FL. 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. 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. take over: [verb] to assume control or possession of or responsibility for. The Company generates income as a liquidity provider on decentralized crypto exchanges and invests in promising NFT projects and virtual land, primarily on EVM protocols. Neither Take-Two nor Sony has yet commented on this speculation. 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