Blue-collar staffing solutions company Labor SMART (OTCMKTS:LTNC) is trading higher this morning after the company made an announcement with regards to its subsidiary company Takeover Industries.
Market Action
As of 10:55 shares of LTNC shares are trading at .048 up 10% adding .00454 on the day. Volume is currently 65 million shares. Resistance areas to watch for may be .05 .057 and .067 above and support areas may be .04 .037 and .027 below.
This morning Labor SMART announced that Takeover Industries has managed to put together its National Sales Dream Team. The company announced that National Sales Dream Team is made up of three seasoned veterans from the industry.
From the press release:- Joe Pavlik, Labor Smart Inc. CEO & Takeover Industries President and Chief Science Officer, commented, “We’re ready to erupt and disrupt, as each member of this team has earned respect and helped major beverage brands achieve success from their commitment and performance over time. Bringing this team on is critical to a successful official launch of NXT LVL Hydrogen Water and our additional upcoming products.”
The team members have the experience, the knowledge, and the network to take care of all aspects of distribution and sales from one coast to the other. The three professionals are Michael Tzanetatos, the Vice President of Sales, Michael Costello, the National Account Director, and Trevor Nixon, the West Coast Director of Sales.
Last month, Labor SMART had announced that it signed a Memorandum of Understanding by way of which it is going to create a joint venture with Faith Springs LLC.
LTNC is looking to diversify its business at this point and could be a stock to track.
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