LTNC in .25?s great news yesterday: Labor SMART, I

HIRAM, GA–(Marketwired – Nov 5, 2013) – Labor SMART, Inc. OTCQB: LTNC) (the “Company”) an emerging provider of on-demand temporary labor is pleased to announce record revenues of $1,642,319 for the month of October 2013. This compares to revenues of $788,912 in October 2012, representing an approximate 108% increase in revenues over the same month prior year.

Labor SMART continues to attribute its dynamic revenue growth to the addition of new branch locations, substantial increases in new clientele and the maturing of its established branches over the last several months.

Ryan Schadel, Labor SMART’s CEO, stated, “We are very pleased to report another record month for our company. Although the fourth quarter is historically challenging for our industry, we still expect to produce record numbers until year-end, and expect to easily break our initial projection of $16 million for the year.” He continued, “We are also very pleased with the consistent increase in margins we have experienced over the last several months, and expect continued expansion of gross margins as we begin to initiate our strategic growth plans for 2014.” http://finance.yahoo.com/news/labor-smart-inc...00840.html