Tuesday, May 21 2013 7:10 AM EDT2013-05-21 11:10:02 GMT
A Florida based company is breaking out the checkbook for Vermonters. The company in trouble is American Debt Counseling. They provide debt reduction programs and credit counseling to consumers. In a recentMore >>
A Florida based company is breaking out the checkbook for Vermonters.More >>
Monday, May 20 2013 10:29 PM EDT2013-05-21 02:29:03 GMT
Now more than a month after the Boston Bombings, Burlington police are giving us a glimpse at their plans and the changes they've made for the Vermont City Marathon on Sunday. Burlington police say, inMore >>
Now more than a month after the Boston Bombings, Burlington police are giving us a glimpse at their plans and the changes they've made for the Vermont City Marathon on Sunday.More >>
Monday, May 20 2013 9:53 PM EDT2013-05-21 01:53:56 GMT
Burlington City Councilor Vince Brennan will be running in the Vermont City Marathon and is also using it as a fundraiser. He has started a online campaign to raise money for the One Fund Boston, whichMore >>
Burlington City Councilor Vince Brennan will be running in the Vermont City Marathon and is also using it as a fundraiser.More >>
Monday, May 20 2013 9:08 PM EDT2013-05-21 01:08:20 GMT
On a quiet, Morristown, Vermont street, police say a neighborhood feud went too far. The owner of 80 George Street says he and the people in 75 never got along. "Ever since they moved in, they've justMore >>
We're beginning to learn more about a feud between neighbors that almost turned deadly. Four people have been arrested, two charged with attempted murder.More >>
Monday, May 20 2013 7:12 PM EDT2013-05-20 23:12:36 GMT
He could spend 15 years in prison, for taking a joy ride on a school bus. The man accused of taking the wild ride faced a judge today. The 22 year old from Newport, Adam page pleaded not guilty to allMore >>
He could spend 15 years in prison, for taking a joy ride on a school bus. The man accused of taking the wild ride faced a judge today.More >>
Monday, May 20 2013 7:01 PM EDT2013-05-20 23:01:55 GMT
Call it death with dignity or physician assisted suicide, Monday Vermont became the first state to pass legislation, and the fourth state in total, allowing the hotly debated end of life choice. "I thankMore >>
How hospitals can develop protocols for the new law and whether or not they can in the first place.More >>
Monday, May 20 2013 6:48 PM EDT2013-05-20 22:48:44 GMT
Vermont governor Peter Shumlin signed the so-called "death with dignity bill" into law. But at the end of a long battle Vermonters now have a choice about ending their life given specific circumstances.More >>
There are limitations to using the new patient end of life choice.More >>
Monday, May 20 2013 3:24 PM EDT2013-05-20 19:24:58 GMT
Last week, the Morristown Police Department investigated an intentionally set fire on George Street in Morristown, Vt.Police say the fire was set to a residence that was occupied by 4 adults and 2 childrenMore >>
Last week, the Morristown Police Department investigated an intentionally set fire on George Street in Morristown, Vt.More >>
Monday, May 20 2013 2:00 PM EDT2013-05-20 18:00:22 GMT
The Burlington Police Department released security information for the KeyBank Vermont City Marathon Monday. A press release says various law enforcement from multiple agencies at the federal, state,More >>
The Burlington Police Department released security information for the KeyBank Vermont City Marathon Monday.More >>
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SOURCE Labor SMART, Inc.
Company Experiences 34% Increase In Revenues Over January 2013
HIRAM, Ga., March 8, 2013 /PRNewswire/ -- Labor SMART, Inc. (OTCQB: LTNC) today reported a 115% increase in revenues for the month of February.
The Month of February saw record revenues of $778,748 up from $361,704 a year earlier, representing an increase of 115% for the month. Although a much shorter month, February also saw a 34% increase in revenue over the month of January 2013. To date, Labor SMART has experienced a 116% increase in revenues for their first two months of operations in 2013.
Recently, Jim Cramer of CNBC's hit show Mad Money listed the Staffing Industry as one of his top ten picks for 2013. Between the recovery of the U.S. economy and companies preparing for initiation of Obamacare in 2014, temporary staffing companies have been picking up the employment slack and flourishing in this economy. This trend is expected to continue through 2013 and beyond. Hence, Cramer's bullish recommendation for staffing companies.
Ryan Schadel, Labor SMART's CEO, stated, "This is a very exciting time for our operations as we continue to surpass expectations with the production of record revenues during what is normally considered to be our industry's slowest months out of the year." He also stated, "As we continue to move ahead with our strategic business model, which includes the opening of several more branches in several states, we are extremely optimistic with our goals as we now start to enter much stronger producing months."
The company also said it expected to announce the appointment of an additional board member in the coming days.
To see CNBC's Mad Money Jim Cramer's bullish recommendation on the staffing industry go to:
Labor SMART, Inc. provides On-Demand temporary labor to a variety of industries. Our clients range from small businesses to fortune 100 companies. Labor SMART was founded to provide a reliable, dependable, and flexible resource for on-demand personnel to small and large businesses. Every day we provide manpower for jobs in construction, manufacturing, hospitality, events, restoration, warehousing, retail, disaster relief and more. As one of the fastest growing temporary labor providers, our goal is to become a nationwide resource and partner for our clients. We take pride in the belief that we can make a positive impact each and every day for the benefit of both our client and our temporary employees. Our mission is to be the provider of choice to our growing community of customers, with a service focused approach, that positions us as a resource and partner for their business.
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. 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. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Labor SMART, Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in Labor SMART, Inc.'s filings with the Securities and Exchange Commission.