Shares of Labor SMART (OTC: LTNC) rose significantly 34.04% to $0.0630 at the previous close. The Labor SMART stock gained for 120.28% over the last week versus 75.49% over the last month. A recent surge in the LTNC stock could be a greater indication of its potential than the current news.
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In the southeastern United States, Labor SMART is primarily involved in providing companies with blue collar workers for short-term, in-demand positions. Small businesses and Fortune 100 companies are among the LTNC’s clients. Construction, manufacturing, hospitality, event staffing, restoration, warehousing, retailing, disaster relief and cleanup, demolition, and landscaping are among the areas in which LTNC provides reliable, dependable, and flexible resources for on-demand personnel. Aside from the staffing industry, LTNC is seeking new opportunities in the restaurant franchise industry.
This month, LaborSMART signed a Memorandum of Understanding with Faith Springs, LLC d/b/a H2ForLife for the establishment of a Joint Venture.
Labor Smart will secure a minority equity stake in H2ForLife through its wholly-owned subsidiary Takeover Industries Inc. The contract will give LTNC exclusive marketing and sales rights on all hydrogen water products derived from the “Powered by H2forLife” technology for a 2-year period.
Water infused with ultra-concentrated hydrogen molecules, made with proprietary technology, the first and only ultra-concentrated hydrogen-rich spring water can be consumed right at the source, while replenishing and nourishing body cells.
LTNC’s further plans:
Long-term, this milestone is crucial to LTNC, as it lays the foundation for the development of future products. LTNC plans to launch new products into the market with a manufacturing partner who will be long-lasting and dedicated to research. LTNC anticipates launching a new hydrogen-infused water product before Easter, commented Joe Pavlik, Labor SMART’s CEO.