Safe Harbor Statement On July 22, 2021 CSP named NXT LVL Hydrogen Spring Water as a finalist for Best New Product of the Year. Musk's new AI project could have the same effect as his Twitter takeover. Manny Pacquiao & The Manny Pacquiao Foundation Sign Endorsement Deal I wrote this article myself, and it expresses my own opinions. Safe Harbor StatementThis release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Labor Smart, Inc. ATLANTA, June 07, 2021 (GLOBE NEWSWIRE) -- Labor SMART, Inc. (LTNC) (the Company), previously announced via Twitter, that the Companywould entertain offers to sell its Registered Trademark, 'Labor Smart', US Trademark Registration number 4311630 (Trademark). 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. Labor SMART, Inc.'s Takeover Industries Signs MOU, to form Joint I believe this opportunity is being hamstrung by internal issues. Takeover Industries, Inc. v. Stanley Barsch et al For More Information: Consummation of this transaction will result in a change of control of Labor Smart, Inc. Joe Pavlik would be appointed as the new President and Chief Executive Officer of Labor Smart, Inc. I gravitate towards special-situations. 29455 N Cave Creek Rd. The detail page will show you the real-time trend, you can click into the MSN Money website for more details Mr. Schadel is expected to stay on as an advisor as long as necessary and will continue to manage the Company’s effort in becoming current with OTC Markets. Kulicke And Soffa Industries Inc | Encyclopedia.com The ONLY event dedicated to convenience category managers. InBev offered to buy Anheuser-Busch for $65 . From November, the dividend ticks up ever so slightly (to $0.3193), as agreed upon in the M&A agreement. 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. It is currently one of the company's main operations and a major step to diversify the company's business from its personnel services. Takeover Industries Incorporated v. Holley et al 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. Psyence Group: pioneering the use of natural psychedelics for mental health and wellbeing, The best gold opportunities in Quebec lie in the James Bay region thanks to this Canadian-based exploration company, The tech company making the most gains on the TSX. But you pick up dividends as you wait here worth $0.3193 per quarter per share. Rumor of a potential buyout from a big-pocketed strategic investor was inflating the share price of video game company Take-Two Interactive Software (TTWO 1.23%) on Thursday. A Euronext spokeswoman declined to comment . Takeover Industries Inc. Launched A Signature Can For Its NXT LVL NXT LVL Hydrogen Spring Water, sourced from natural springs, is infused with hydrogen and other all-natural supplements to aid in helping athletes prepare and recover from grueling training. Normally that might not matter. An energy drink targeting athletes and body builders. At the beginning of the year, LTNC acquired Takeover Industries, which produces sports drinks, such as NXT LVL hydrogen water. 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? The . 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. I pulled up Seeking Alpha's valuations for a set of peers: small-cap utility peer group valuations (Seeking Alpha). Looking for a portfolio of ideas like this one? Please. !Webull Referral: https://act.webull.com/n/pgdglbN3EIff/qxa/If your interested in opening a brokerage account click on the link above and start trading!DISCLOSURE: Some of the links that are connected to this page are affiliate links, which means, this is no additional cost to you. Address. Cookies are used to offer you a better browsing experience and to analyze our traffic. Flotek Industries, Inc. operates as a technology-driven chemistry and data company that serves customers across industrial, commercial, and consumer markets in the United States, the United Arab Emirates, and internationally. 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. Shareholders and interested parties are encouraged to follow @TakeoverJoe on Twitter for all future Company updates, which will include material information about the Company. This was an easy decision as the proceeds will support more areas of our functional beverage brand development. Shareholders and interested parties are encouraged to follow @TakeoverJoe on Twitter for all future Company updates, which will include material information about the Company. All rights reserved. Hopefully you enjoy the video! Less likely Investment banks traditionally help companies raise capital Commercial banks 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.". The executive management team has over 100 years of research, manufacturing, sales, marketing, operations, design, and production experience in the beverage industry. What Are Some Top Examples of Hostile Takeovers? - Investopedia Let's all get on the same page with an agreement so we can move forward to the future. 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. 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. --Labor SMART, Inc., announced that its recently acquired subsidiary, Takeover Industries Inc., has officially signed an endorsement deal with Manny Pacquiao and The Manny Pacquiao Foundation.. Utilities are kind of notorious for regulatory intervention. The Company's clients range from small businesses to Fortune 100 companies. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. 1. Classified ads from suppliers & service providers, Cannabis-infused food and beverage products, Non-alcoholic functional beverage products, Alcoholic beverage products and brand updates, Companies that support food, beverage and beer brands, Thank you to our 1200+ charter subscribers, Submit your news / press releases to BevNET, A showcase of up-and-coming beverage brands, Brand Ambassador, California - Geloso Beverage Group, District Manager, South Carolina - Geloso Beverage Group, TN Key Account Manager - Geloso Beverage Group, Green Day: Crafts Quest to Reclaim Absinthes Reputation, DFA Looks To Younger Milk Drinkers, Partners With Good Culture. Rythian added that three of his "trusted and almost always correct sources" confirmed this. What I care about is the future of Takeover and the future for Labor Smart shareholders. Takeover Industries Inc. HOW TO KILL A COMPANY - The Washington Post If you experience any issues with this process, please contact us for further assistance. All things considered, I think this is a reasonably attractive risk/reward and like this as an addition to my portfolio. 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. We need to drive revenue in a big way. 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. GKN, which has had a hand in making everything from Minis to Spitfires, lost its battle to . Manny Pacquiao & LTNC Takeover Industries Enter into Joint Venture Eric Volkman has no position in any of the stocks mentioned. Significant cross-selling opportunities have been identified with Specialty Polymers, both in aerospace and automotive, as well as with Novecare in oil & gas, agrochemicals and electronics. Everyone calls their lawyer and stops all actions against each other. 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. Tootsie Roll Industries, Inc., together with its subsidiaries, engages in manufacture and sale of . Please see the attached Non-Binding LOI for the acquisition of Takeover Industries, Inc. from Labor Smart, Inc., by Metavesco, Inc. Metavesco Sends Open Letter, Non-Binding LOI to Takeover Industries Investor Relations Overview. April 16, 2021 - 8:25 am. IIF also indicated that it was able to fund the transaction with equity fully funded by IIF and that IIF would provide the Company with an equity commitment agreement to such effect in connection with the execution of a definitive merger agreement. 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 . http://nxtlvlusa.com/pacman/. The non-recurring implementation costs are estimated at 75 million. 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. South Jersey Industries, Inc. ( NYSE: SJI) is a small utility with a market cap of ~$3 billion, primarily serving New Jersey customers. Goldman Sachs, Morgan Stanley Face Off in Biggest Ever Takeover Northrop Grumman to acquire Litton Industries for $80 per share cash ATLANTA, March 17, 2021 (GLOBE NEWSWIRE) -- Labor SMART, Inc. (LTNC) (the Company), a leader in providing on-demand blue collar staffing primarily in the southeastern United States, transitioning into a diversified holding company, today announced it has signed a Memorandum of Understanding and will create a Joint Venture with Faith Springs, LLC d/b/a H2ForLife. The consensus among analysts is that the intrinsic value of Vision Tech's stock is $27 per share. Sell some MVCO, buyback some LTNC, do a reverse merger..really whatever the shareholders decide they want it to be. Mr. Schadel participated in a live Q & A after this announcement, which can be replayed here: GHOST and Cinnabon Unveil new GHOST VEGAN AND WHEY Flavor Collab, Shake Up: How Cocktail Veterans Are Staking a Claim to RTDs, Hard MTN Dew Releases First New Flavor Addition: Livewire in Single-Serve Cans, Del Papa Distributing Announces $50,000 Match Grant Challenge to Support Southeast Texas Food Bank, Benriach The Sixteen Returns to Core Lineup, Spritz Society Collaborates with The Skinny Confidentials Lauryn Bosstick on Exclusive New Flavor: Pink Lemonade, Garden District Taproom: West Palm Beachs First Self-Pour Experience Opens This Month, San Diegos Second Chance Beer Company to Release Fistful of Gummies Berry Edition in Celebration of Womens History Month, Ntrl Vodka Seltzer Taps Chloe Fineman To Star In First National, Integrated Campaign: Ntrl. Takeover Industries: Home of the"NXT LVL" Brand - Twitter The company sup. 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. Consequently, the board is setting the option strike price substantially higher than the current stock price. Here is my pitch on why this is the way for LTNC shareholders. Lenders must be on board with this deal and willing to work with us to build the future. The company provides temporary blue-collar staffing services. If I take in all the above, I'm inclined to believe the market may somewhat overestimate the risk of a deal break. Labor Smart, Inc. : Entry into a Material Definitive Agreement, Regulation FD Disclosure, .. Labor Smart : NXT LVL Hydrogen Water, Hy-Vee Enter Distribution Deal, NXT LVL Hydrogen Water, Hy-Vee Enter Distribution Deal, Labor Smart : Purchase and Sale Agreement (Form 8-K). NXT LVL Hydrogen Water, Hy-Vee Enter Distribution Deal IIF also noted it would obtain committed bridge financing in an amount necessary to cover a back-stop of any existing financing arrangements with change-of-control provisions and transaction costs. 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. Metavesco assumes that debt. Takeover Industries, Inc agreed to acquire Labor Smart, Inc. (OTCPK : LTNC) in a reverse merger transaction for approximately $240 million on February 28, 2021. Taste Radio: Mr. By continuing to use our service, you agree to our use of cookies. It was founded in 1946 as the Central Farmers Fertilizer Company. That's like 3.5%+ on an annualized basis. This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. I could earn a commission if you click through and make a purchase or subscribe.I am not a financial advisor. About Labor SMART, Inc. Its been touted for its ability to improve cellular energy, support the aging process, and improve muscle recovery after a workout. Simply Wall St. May-02-19 02:41PM. H2ForLife is the first and only ultra-concentrated hydrogen rich spring water, canned at the source and enhanced with proprietary technology, delivering the most powerful molecular and atomic hydrogen molecules that work at the cellular level to help rejuvenate the bodys cells while enhancing their functions. But this may not be . He has already started recruiting industry experts to help. 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. There has been an early August 8-K update that the deal is on track to close Q4 2022. More importantly, it is a utility. Lucid's stock falls 18% as investors see takeover risk Takeover Industries Introduces its Veteran Sales Dream Team Follow me on Twitter here. 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. 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. If the deal breaks, the losses could very well amount to something like $8 to $12 per share. Latest NXT LVL product "final samples" are being produced & shipped over the next week. Beast & Ed Sheeran Are In The Mix. You can sign up for additional alert options at any time. take over: [verb] to assume control or possession of or responsibility for. The process begins with pure mountain spring water free of chlorine, fluoride, chromium 6, MTBE, and BPA, is enhanced with various trace mineral complexes, then finished off with infused molecular hydrogen. #15 Exhibit J - Text Directing Holley Not to Give Tucker Access to Bank Accounts, #16 Exhibit K - Stock Purchase Agreement, #17 Exhibit L - SEC Form 8K, #18 Exhibit M - LTNC's SEC Form 8K, #19 Exhibit N - LTNC . 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. 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. www.sec.gov LOS ANGELES -- Northrop Grumman Corporation (NYSE: NOC) and Litton Industries Inc. (NYSE: LIT) jointly announced today that they have signed a definitive agreement under which Northrop Grumman will acquire for cash all of the outstanding shares of Litton for $80 per common share and $35 per Series B Preferred share. Takeover Industries, Inc. v. Stanley Barsch et al RSS Track this Docket Docket Report This docket was last retrieved on June 24, 2021. 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. A hot rumor was behind the significant upward move. AT&T's WarnerMedia unit and Discovery Inc said on Friday that the two firms have completed the merger. The most exclusive conference for convenience executives, Empowering and developing women in the c-store industry, Assumption of Risk and Waiver of Liability. The valuation for SJI doesn't look particularly rich even when it's trading with most of its merger premium included. Labor SMART, Inc. provides On-Demand temporary labor to a variety of industries. You must click the activation link in order to complete your subscription. The board discussed the challenges associated with utility acquisitions several times during negotiations. https://twitter.com/StanTradingMan/status/1366183816126214149 . That said, Sony has plenty of financial muscle for a big-ticket acquisition should it want to bulk up in the video game segment. At South Jersey Industries Inc. , we promise to treat your data with respect and will not share your information with any third party. The entire sales and fulfillment team stays on. The Motley Fool has a disclosure policy. The company recently reported the process is on track and expected to close Q4 2022. I highly recommend it (pick episodes around topics that interest you) for the amazing guests that come on with regularity. 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. Stock Market | Stock Quote - Fat Pitch Financials These statements appear in a number of places in this press release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; and (iii) growth strategy and operating strategy. 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. We look forward to launching our new, innovative hydrogen infused water formulation in the coming weeks. Contacts: Dec 28, 2021. Buy These 2 Stocks in 2023 and Hold for the Next Decade, Warren Buffett's Latest $2.9 Billion Buy Brings His Total Investment in This Stock to $66 Billion in 4 Years, 2 Safe Stocks to Buy Hand Over Fist in 2023, Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Motley Fool Issues Rare All In Buy Alert, Copyright, Trademark and Patent Information. 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 . Manny Pacquiao & The Manny Pacquiao Foundation Sign - Benzinga The takeover proposal comes after Boustead posted a net loss of 402.3 million ringgit ($89.9 million) for the fourth quarter of 2022, swinging from a net profit of MYR78.6 million a year ago. 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. Labor SMART, Inc. Completes Acquisition of Takeover Industries, Inc Toby, Joe, Mike keep 100 million common shares and send anything over that amount to the LTNC treasury for cancellation. Neither Take-Two nor Sony has yet commented on this speculation. In the winter of 1978, Houdaille common stock was selling for. Solvay to acquire Cytec Industries Inc. | Solvay I'm unsure what the strategy will be. The Motley Fool has positions in and recommends Activision Blizzard, Microsoft, and Take-Two Interactive Software. 2. ATLANTA, April 28, 2021 (GLOBE NEWSWIRE) -- Labor SMART, Inc. (LTNC) (the "Company"), announced that its recently acquired subsidiary, Takeover . In the first 100 days, the NXT LVL brand was launched, entered into a unique endorsement and joint venture agreements, and launched three products into the US market. For more information,. 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. 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. 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.