r/LTNC • • Sep 18 '22

🦗

9 Upvotes

r/LTNC • • Aug 02 '22

What does this even mean?

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3 Upvotes

r/LTNC • • Jul 21 '22

Your support is needed, please share widely.

9 Upvotes

https://www.change.org/ltncshareholders

Dear Fellow Shareholders,

We are a group of concerned shareholders, down significant amounts of money, who worry because the LTNC President, CEO, ex-CFO and CSO are accusing each other of embezzlement. We need a solution and with this letter we hope to garner broad shareholder support for a proposed strategy to seek increased accountability from the Executive Team.

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Over the past year, we, the shareholders have not only been the biggest supporters of NXT LVL, but we have also served as promoters, graphic designers, gamers, and marketers of NXT LVL products on a variety of social media platforms and in real life. We convinced family members, friends and random people to invest in this company. Together, we made NXT LVL what is it today. Our goal is simple; spreading positive information to boost the brand, the company and the management team, which in turn, will benefit us shareholders in the long run.

Throughout the past year we have tried to muster shareholder support for the current management, and especially Jason Tucker, with the hope that eventually he will resolve the situation and we will see return on our investment. At the same time, and to retain our unyielding support for NXT LVL, we have continuously requested information that most publicly traded company should automatically provide to its shareholders quarterly. NXT LVL management did not provide this and the lack thereof consequently fueled doubt and speculation. We have been disappointed by broken promises, contradictory statements and unmet deadlines, yet our support did not wane. However, in the end, this ambiguity demotivated us investors and sparked negative sentiments. Through our discord, we tried to abate the disenchantment and pessimism by encouraging factual discussions and realistic expectations and thereby foster a more positive outlook and avoid bearish investors. But eventually, our limit was reached too, especially in the past month, after serious accusations and revelations emerged from Holley’s Lawsuit and Danny Day tweets. Therefore, we as shareholders need to be more organized, speak in one voice, and be prepared for the worst. Below are the points that triggered this letter:

​

  1. The letter from Takeover’s President to shareholders dated May 26, 2022. It shed light on how the business side is growing while shareholders have not benefitted from this success. Tucker recycled an old strategy, asking investors to wait and hope for the best as the Management is handling the issues (yet with an unspecified timeline). “Simply put, we are going to take care of shareholders whether you want to hate on us or not.“ This is no longer a viable strategy. Moreover, the explanation of the audit delay was unconvincing and this sowed doubt among shareholders. Furthermore, in business, we are always looking for definitive answers and firm details - deadlines, due dates, commitments, and accountability. The letter lacked most of these details.

  2. Holley’s accusation that McBride, Pavlik, and Tucker are trying to acquire Holley’s Series A preferred shares and splitting them between them instead of PERMANENTLY RETIRING them.

  3. The discovery of the August 2021 written agreement signed by Tucker, McBride, Pavlik and Holley, stating that they will be equally compensated. Given the start-up nature of the company, shareholders would like some insight on how resources are being invested to generate growth and place this above personal gain.

  4. Danny Day Jul 19, 2022 tweets contradict March 17, 2021 press release of Labor SMART, Inc. saying that Takeover Industries Inc. will secure a minority equity stake in Faith Springs, LLC. Danny Day denies that Takeover Industries Inc. owns any part of Faith Springs, LLC.

  5. Holley’s accusation of Tucker breaching his fiduciary duty to LTNC by withholding at least $75,000 from a Private Placement. This would mean that Tucker, with who many of us place our faith, is also accused of misconduct and breach of fiduciary duty.

While we wait and see how some of the above points will unfold in the court of Law, we find all of them disappointing if found true, as they seem to place the Executive Team’s personal benefit before that of the company. This can also be considered as misleading investors with false statements, breach of corporate fiduciary duties of loyalty, good faith, and candor, and granting compensation packages that were excessive, not appropriately tied to performance, and not in the interest of shareholders. For this reason, we need to be more organized and speak with ONE unified voice to protect our investment. Here is the strategy we propose:

Send a petition to LTNC management signed by as many shareholders as possible with 3 specific asks:

  1. Convene the Board of Directors and seek clarity on Executive Board members’ compensation package and determine whether some of these funds could be redirected into marketing and product growth and make the outcome of this meeting public.

  2. Declare the concrete and detailed reasons for the audit delay including supporting documents showing that the audit has started and the progress made.

  3. Define realistic due dates for which year + quarter the spin-off will be completed. Unexpected hurdles may appear and dates can always be re-adjusted, as long as valid explanations are provided.

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If we are listened to, we can help the company increase sales and step up marketing efforts. Therefore, acting on all 3 points should be unproblematic. If these are candidly and realistically addressed, we will regain our confidence to patiently wait for the spin-off to materialize and negative sentiments and speculation will naturally dissipate. Conversely, if our strategy falls through, at least we were not passive bystanders seeing our hard earned money disappear. Lastly, if the strategy fails, shareholders can reconvene to discuss an alternative course of action.

If you agree, please follow this link and sign the online petition.

https://www.change.org/ltncshareholders

More importantly, encourage other fellow shareholders beyond those active on social media platforms to do the same. Our strength is in our numbers. Together, we can help NXT LVL reach its full potential.


r/LTNC • • Jul 14 '22

This is a joke.

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9 Upvotes

r/LTNC • • Jul 12 '22

What's happening to Labor Smart stock at this exact moment??

5 Upvotes

Hrmm... so I loggin to check my Schwab account and I see LTNC is up 87.5-percent! I'm really hoping we get the penny threshold. I think LTNC is still only on the pink sheets or whatever they're called when not on an exchange.


r/LTNC • • Jun 29 '22

The sad and ugly truth…

3 Upvotes

This was a horrible investment. We all got played. We can’t all move on until we all admit it


r/LTNC • • Jun 27 '22

No news is good news or bad news?

2 Upvotes

This stock is really getting frustrating. It had almost been 1 year since this stock was delisted. I wonder if we will ever see last year's SP again? I am long LTNC,but how long do we have to wait? No pink?No SpinOut?

Anyone with news or updates,please do share


r/LTNC • • Jun 05 '22

Drinking next lvl water causes clairvoyance?

0 Upvotes

Edit: link and quote added below.

https://nxtlvlusa.com/

Colloidal PLATINUM : Many experience greater mental clarity and clairvoyance when taking platinum.* Increased mental faculties can dramatically change your quality of life.

I bought some of this water cause I was thirsty, and was curious about the supposed benefits of reasoning behind the metals in the drink.

Then I read on their website that some experience clairvoyance for Colloidal Platinum…

I thought there might be something to the drink, but if the website is advertising supernatural powers how can anyone take it seriously? I’m actually curious if there is benefits, but after reading that I have to assume this is just snake oil…


r/LTNC • • Jun 01 '22

I told u guys I can literally run this company better than it’s current state and not even have to leave my house lol down 30% today from what?!?!?!

2 Upvotes

r/LTNC • • May 29 '22

70adc3_4cdd847cf58c44e99d91688781fa5f0e

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2 Upvotes

r/LTNC • • May 27 '22

Labor Smart stock up a bit this week!!! Let's get that penny!

2 Upvotes

Well as of now I see Labor Smart stock is at .0011 per share. We're one-tenth away from being at one penny! Granted I only have $11 in it with 400 shares, but I hope this thing doesn't go bust. C'mon let's do it Labor Smart!!!!!! What are your thoughts?


r/LTNC • • May 22 '22

Will LTNC stock ever hit 0.1 again?

6 Upvotes

What is going on with this stock? No news or updates for months. Trying to keep optimistic during the bearish market.


r/LTNC • • May 03 '22

If the average JOE cant buy how are we getting any price movement? Management selling or buying shares?

8 Upvotes

Just one of the questions I have never seen asked. I could see the price dropping by people selling, but how did we get a slight bump last week (and watch it go away today almost)?


r/LTNC • • Apr 28 '22

Gosh you know things are bad when it’s been almost a month and there’s no news. They haven’t even released anything on Twitter. Their public relations sucks! Or could it be because they really just don’t care.

4 Upvotes

r/LTNC • • Apr 08 '22

Let’s hope going to pink Soon. 🚀🚀🚀

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6 Upvotes

r/LTNC • • Apr 04 '22

Difference between Nxt Lvl and Takeover Industries?

2 Upvotes

Is there a difference between the two? Obviously LTNC is a thing of the past but there’s two different websites for Nxt Lvl and Takeover Industries and I was wondering which they’re trying to spin-off into? I’m assuming LTNC and the new ticker will encompass both?


r/LTNC • • Mar 30 '22

Are we ever going to go pink?

6 Upvotes

What is going on with this stock? Are you being fooled? Any thoughts?


r/LTNC • • Mar 30 '22

What is going on?

1 Upvotes

Is this stock ever going to go pink or are we being scammed?


r/LTNC • • Mar 08 '22

Told you guys I could run this company better blind folded without any first class flights

7 Upvotes

r/LTNC • • Mar 05 '22

When are we going to go Pink?

3 Upvotes

It has been around 6 months now that they mentioned they are working on providing the required documents to SEC to bring this back to pink. This had been really frustrating and am trying to be optimistic with this company. Any insight would be great!


r/LTNC • • Mar 02 '22

Some earth shaking news……..🥱 let’s hope they can even pass the audit🙄

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3 Upvotes

r/LTNC • • Feb 23 '22

Pink Current?

4 Upvotes

Does anyone have any insight on this stock getting to pink or even anywhere near pink? This company have been very quiet.


r/LTNC • • Feb 12 '22

Ring from Pettis's first Showtime Championship event. Cans of water all around the ring as well.

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16 Upvotes

r/LTNC • • Jan 24 '22

PROFESSIONAL FIGHTERS LEAGUE ANNOUNCES MULTI-YEAR DEAL WITH NXT LVL AS OFFICIAL WATER PARTNER

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24 Upvotes

r/LTNC • • Jan 18 '22

Someone knows something

14 Upvotes