Posted On: 02/20/2013 4:24:59 PM
Post# of 205
$LTNC > CLOSED 17%+ UP today
Labor SMART, Inc. CEO Provides Expansion Update
Company to Add Three New States to Footprint
ATLANTA, Feb. 20, 2013 /PRNewswire via COMTEX/ -- Labor SMART, Inc. (OTCQB: LTNC) an emerging provider of on-demand temporary staffing, today provided updated information regarding its expansion plans.
The company said that it had identified three additional markets for potential branch locations. Those markets are Louisville, KY, Kansas City, MO, and Columbia, SC.
Ryan Schadel, Labor SMART's CEO, stated "We are in the process of preparing operations for our new branch in Charlotte, NC. Generally, it takes about two weeks for a new branch to begin generating revenue. Once Charlotte has been successfully launched we expect to open these three additional markets in short order." Mr. Schadel continued, "I am excited that we selected these three additional markets specifically because of the management talent we will have available on day one of opening. In addition to the solid talent we have been able to attract at the branch and multi-unit level, I expect to announce the appointment of our first outside Director in the very near future."
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