LTNC. You Need to Know About This “Cult” Penny Stock.

Labor Smart(OTC Ticker: LTNC) has gained a cult following. Some in the following have given a price target of $5-10, which is pretty amazing since it’s currently trading around 3 cents. OTCmarkets.com describes the company as “an emerging provider of on-demand temporary labor solutions to small and medium sized businesses, with branch locations in the Southeast US”.

However, the company could be going in a new direction. They have recently starting working on beverages. They are focusing on hydrogen water which is said to have many health and performance benefits. The CEO, Ryan Schadel, recently gave up his position to Joe Pavlik who has 20 years experience in the health and fitness industry. There is also anecdotal evidence that some influential professional athletes(possibly GOATs) could be coming on board. This could explain the cult following. Also, the company has filed for OTC Current status.

Even with all these positives, reaching $10 soon would be a stretch with the current amount of shares out there(8 billion). But there’s positive news there as well. The company plans to retire 500 million shares very soon.

I hope this sheds some light on a very interesting “cult” penny stock that’s gaining popularity. I wouldn’t bet the house on it right now, but a few Benjis could turn into big gains in the near future. Be sure to do your own DD.

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