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LABOR SMART, INC. Form 8-K: Current report

LABOR SMART, INC. Form 8-K: Current report

Filings on SEC EDGAR, newest first; amendments sit with their base form. Values are as filed.

  • 2021-09-15: Form 8-K; Period of report 2021-09-08; Description 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers; Details 5.02.
  • 2021-08-25: Form 8-K; Period of report 2021-04-27; Description 1.01 Entry into a Material Definitive Agreement; 7.01 Regulation FD Disclosure; Details 1.01.
  • 2021-07-16: Form 8-K; Period of report 2021-07-14; Description 1.01 Entry into a Material Definitive Agreement; 2.01 Completion of Acquisition or Disposition of Assets; Details 1.01.
  • 2021-03-03: Form 8-K; Period of report 2021-02-12; Description 1.01 Entry into a Material Definitive Agreement; 2.01 Completion of Acquisition or Disposition of Assets; 5.01 Changes in Control of Registrant; 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers; 8.01 Other Events; Details 1.01.
FiledFormPeriod of reportDescriptionDetailsDocument
2021-09-158-K2021-09-085.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers5.02 On September 13, 2021, the board of directors (the “Board”) of Labor Smart, Inc. (the “Company”) appointed Michael Costello to serve as Chief Executive Officer of the Company.ltnc_8k.htm
2021-08-258-K2021-04-271.01 Entry into a Material Definitive Agreement; 7.01 Regulation FD Disclosure1.01 On April 27, 2021, Labor Smart, Inc., entered into a joint venture agreement with Emmanuel “Manny” Pacquiao (“MP”) and the Manny Pacquiao Foundation (“MPF”), whereby, the Company has received the ability to use the name, likeness, and endorsement of MP and MPF in connection with the advertisement and sale of our enhanced water beverage NXT LVL (the “Agreement”).ltnc-20210527_8k.htm
2021-07-168-K2021-07-141.01 Entry into a Material Definitive Agreement; 2.01 Completion of Acquisition or Disposition of Assets1.01 On July 14, 2021, Labor Smart, Inc. (the “Company”) entered into a Purchase and Sale Agreement (the “Agreement”), whereby the Company sold all of the assets and liabilities related to its staffing business the (“Staffing Business”) to the former Chief Executive Officer of the Company.
2.01 The information described in Item 1.01 above is incorporated herein by reference to this Item 2.01.
ltnc-20210716_8k.htm
2021-03-038-K2021-02-121.01 Entry into a Material Definitive Agreement; 2.01 Completion of Acquisition or Disposition of Assets; 5.01 Changes in Control of Registrant; 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers; 8.01 Other Events1.01 On February 27, 2021, Labor Smart, Inc. (the “Company”) entered into a Stock Purchase Agreement (the “Agreement”) with Takeover Industries, Inc. (the “Seller”).
2.01 In connection with the Agreement and Exhibit A of the Agreement in Item 1.01, the Company disposed of Restore Franchise Group, LLC, a wholly owned subsidiary.
5.01 Pursuant to the Agreement and Exhibit A of the Agreement in Item 1.01, there has been a change in control of the Company, whereby Ryan Schadel no longer maintains voting control via Series A Preferred shares.
5.02 Pursuant to the Agreement and Exhibit A of the Agreement in Item 1.01, Joe Pavlik has been appointed as President and Chief Executive Officer of Labor Smart, Inc. Mr. Schadel, the outgoing President and Chief Executive Officer has agreed to stay in an advisory role as long as necessary for the Company to meet its interim goals and complete its registration and filings with OTC Markets Group to become “Pink Current”.
8.01 On March 1, 2021, the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
ltnc-20210303_8k.htm
2021-02-128-K2021-02-128.01 Other Events8.01 On February 12, 2021, the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.ltnc-20210212_8k.htm
2016-04-188-K2016-04-158.01 Other Events8.01 On April 15, 2016, the Company entered into a Note Settlement Agreement (the “Settlement Agreement”) with Tailwind Partners, LLC, Tailwind Partners 3, LLC and Firehole River Capital, LLC (the “Noteholders”) to settle the remaining portions of the convertible promissory notes dated June 6, 2014, in the original principal amount of $106,000.00, July 8, 2014 in the original principal amount of $106,000.00, July 22, 2014, in the original principal amount of $106,000.00 and October 31, 2014, in the original principal amount of $106,000.00 (the “Notes”) that were held by the Noteholders as of that date.ltnc-20160418_8k.htm
2016-04-068-K2016-04-011.01 Entry into a Material Definitive Agreement; 2.01 Completion of Acquisition or Disposition of Assets1.01 Entry into a Material Definitive Agreement.
2.01 On April 1, 2016, the Company closed the Agreement described in Item 1.01 above and on April 5, 2016, the Purchase Price was released from escrow.
ltnc-20160406_8k.htm
2016-03-038-K2016-02-295.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year5.03 On February 29, 2016, pursuant to its authority granted in the Information Statement on Schedule 14C filed with the Securities and Exchange Commission on February 2, 2016, the Board of Directors of Labor Smart, Inc. (the “Company”) approved the filing of an amendment to the Company’s Articles of Incorporation to reduce the number of authorized shares of the Company’s common stock from 20,000,000,000 shares to 8,000,000,000 shares.ltnc-20160302_8k.htm
2016-01-278-K2016-01-258.01 Other Events8.01 On January 25, 2016, the Board of Directors of Labor Smart, Inc. (the “Company”) approved a new common stock repurchase program, authorizing the Company to repurchase up to $2,000,000 worth of its common stock in the open market at times and prices as the Company deems fit.ltnc-20160127_8k.htm
2015-12-088-K2015-12-078.01 Other Events8.01 On December 7, 2015, the Company held a conference call (the “Conference Call”) where management discussed several Company developments.ltnc-20151208_8k.htm
2015-08-128-K2015-08-051.01 Entry into a Material Definitive Agreement; 2.01 Completion of Acquisition or Disposition of Assets1.01 Entry into a Material Definitive Agreement.
2.01 On August 12, 2015, the Company completed the sale of the Branch Offices to Harris Ventures described in Item 1.01 above.
ltnc-20150812_8k.htm
2015-03-128-K2015-03-095.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers5.02 On March 9, 2015 Matthew J. Rodgers resigned from the Board of Directors of Labor Smart, Inc. (the “Company”) effective immediately.ltnc-20150312_8k.htm
2015-03-048-K2015-02-274.01 Changes in Registrant's Certifying Accountant4.01 On February 27, 2015, De Joya Griffith, LLC (“De Joya”) was dismissed as the independent registered public accounting firm of Labor Smart, Inc. (the “Company”) and SingerLewak LLP (“SingerLewak”) was engaged as the Company’s independent registered public accounting firm.ltnc-20150304_8k.htm
2015-03-038-K2015-02-233.02 Unregistered Sales of Equity Securities3.02 During the period commencing February 23, 2015 through March 2, 2015, the Company issued an aggregate of 983,532,839 shares of its common stock as follows: on February 23, 2015, the Company issued 66,286,500 shares of its common stock to reduce an outstanding convertible note payable by $3,977.19.ltnc-20150303_8k.htm
2015-02-238-K2015-01-293.02 Unregistered Sales of Equity Securities3.02 During the period commencing January 29, 2015 through February 20, 2015, the Company issued an aggregate of 789,027,675 shares of its common stock as follows: on January 29, 2015, the Company issued 32,254,000 shares of its common stock to reduce an outstanding convertible note payable by $7,482.92.ltnc-20150223_8k.htm
2015-02-198-K2015-02-165.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year5.03 Effective February 16, 2015, Labor Smart, Inc. (the “Company”) filed a Certificate of Amendment to its Articles of Incorporation with the Secretary of State of Nevada, pursuant to which, the Company’s authorized shares of common stock increased from 1,000,000,000 to 20,000,000,000.ltnc-20150219_8k.htm
2015-01-308-K2015-01-223.02 Unregistered Sales of Equity Securitiesltnc-20150130_8k.htm
2015-01-278-K2015-01-278.01 Other Events8.01 On January 27, 2015, the Company entered into three Partial Note Payment Agreements (the “Agreements”) with holders of outstanding convertible promissory notes of the Company (the “Notes”) to partially pay off the Notes with cash.ltnc-20150127_8k.htm
2015-01-218-K2015-01-153.02 Unregistered Sales of Equity Securities3.02 During the period commencing January 15, 2015 through January 21, 2015, the Company issued an aggregate of 174,535,251 shares of its common stock as follows: on January 15, 2015, the Company issued 23,076,923 shares of its common stock to reduce an outstanding convertible note payable by $12,000.ltnc-20150121_8k.htm
2015-01-148-K2015-01-131.01 Entry into a Material Definitive Agreement; 3.02 Unregistered Sales of Equity Securities1.01 Entry into a Material Definitive Agreement.
3.02 During the period commencing January 9, 2015 through January 13, 2015, the Company issued an aggregate of 127,331,602 shares of its common stock as follows: on January 9, 2015, the Company issued 9,419,355 shares of its common stock to reduce an outstanding convertible note payable by $5,840.
ltnc-20150114_8k.htm
2015-01-098-K2014-12-313.02 Unregistered Sales of Equity Securities3.02 During the period commencing December 31, 2014 through January 8, 2015, the Company issued an aggregate of 121,261,354 shares of its common stock as follows: on December 31, 2014, the Company issued 3,537,975 shares of its common stock to reduce an outstanding convertible note payable by $2,795.ltnc-20150108_8k.htm
2014-12-318-K2014-12-223.02 Unregistered Sales of Equity Securities3.02 During the period commencing December 22, 2014 through December 29, 2014, the Company issued an aggregate of 46,647,814 shares of its common stock as follows: on December 22, 2014, the Company issued 10,400,000 shares of its common stock to reduce an outstanding convertible note payable by $10,587.20.ltnc-20141230_8k.htm
2014-12-228-K2014-12-153.02 Unregistered Sales of Equity Securities; 8.01 Other Events3.02 During the period commencing December 15, 2014 through December 19, 2014, the Company issued an aggregate of 39,866,648 shares of its common stock as follows: on December 15, 2014, the Company issued 3,541,667 shares of its common stock to reduce an outstanding convertible note payable by $4,250.
8.01 On December 18, 2014, the Company prepaid a convertible promissory note issued to KBM Worldwide, Inc. on July 2, 2014 (the “Note”), which satisfied the Note in its entirety.
ltnc-20141222_8k.htm
2014-12-158-K2014-12-043.02 Unregistered Sales of Equity Securities3.02 During the period commencing December 4, 2014 through December 12, 2014, the Company issued an aggregate of 30,383,717 shares of its common stock as follows: on December 4, 2014, the Company issued 2,272,727 shares of its common stock to reduce an outstanding convertible note payable by $7,500.ltnc-20141215_8k.htm
2014-12-058-K2014-11-103.02 Unregistered Sales of Equity Securities3.02 During the period commencing November 10, 2014 through December 3, 2014, the Company issued an aggregate of 18,601,978 shares of its common stock as follows: on November 10, 2014, the Company issued 352,552 shares of its common stock to reduce an outstanding convertible note payable by $2,644.ltnc-20141205_8k.htm
2014-11-058-K2014-11-035.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers5.02 (c) On November 3, 2014, the Board of Directors of the Labor Smart, Inc. (the “Company”) appointed Ms. Kimberly Thompson to serve as the Chief Operating Officer of the Company.ltnc-20141105_8k.htm
2014-10-298-K2014-10-298.01 Other Events8.01 The Securities and Exchange Commission (the “SEC”) has provided guidance to issuers regarding the use of social media to disclose material non-public information.ltnc-20141029_8k.htm
2014-10-238-K2014-10-235.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers; 8.01 Other Events5.02 (d) On October 23, 2014, the Board of Directors of the Labor Smart, Inc. (the “Company”) appointed James Robert “Bobby” Edmonds to fill the vacant seat on the Board of Directors of the Company.
8.01 The Company recently completed the build out of its new corporate headquarters and as of October 23, 2014 has officially moved offices.
ltnc-20141023_8k.htm
2014-10-218-K2014-10-063.02 Unregistered Sales of Equity Securities; 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year3.02 On October 20, 2014, Labor Smart, Inc. (the “Company”) issued fifty-one (51) shares of Series A Preferred Stock to Ryan Schadel for his service as the Chief Executive Officer and director of the Company.
5.03 On October 6, 2014 the Company filed a Certificate of Designation with the Nevada Secretary of State to amend its Articles of Incorporation to create and designate the rights and preferences of a new series of preferred stock designated the Series A Preferred Stock (“Series A Preferred Stock”).
ltnc-20141021_8k.htm
2014-09-308-K2014-09-261.01 Entry into a Material Definitive Agreement; 2.01 Completion of Acquisition or Disposition of Assets1.01 On September 26, 2014, Labor Smart Inc. (the “Company”) entered into an Asset Purchase Agreement (the “Asset Purchase Agreement”) with Kwik Jobs, Inc. (“Kwik Jobs”).
2.01 On September 29, 2014 the Company completed the acquisition of the Assets described in Item 1.01 above.
ltnc-20140926_8k.htm
2014-08-228-K2014-08-181.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant; 3.02 Unregistered Sales of Equity Securities1.01 Entry into a Material Definitive Agreement.
2.03 The information provided in response to Item 1.01 of this report is incorporated by reference into this Item 2.03.
3.02 The information provided in response to Item 1.01 of this report is incorporated by reference into this Item 3.02.
lbsi-20140820_8k.htm
2014-08-148-K2014-08-142.02 Results of Operations and Financial Condition2.02 - Results of Operations and Financial Condition.lbsi-20140814_8k.htm
2014-05-208-K2014-05-205.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year5.03 On May 20, 2014, the Board of Directors of Labor Smart, Inc. (the “Company”) determined it is in the best interests of the Company to change its fiscal year end from December 31 to a 52-53 week fiscal year ending on the Friday closest to December 31.lbsi-20140520_8k.htm
2014-04-148-K2014-04-091.01 Entry into a Material Definitive Agreement1.01 Entry into Definitive Material Agreement.lbsi_8k.htm
2014-03-278-K2014-03-241.01 Entry into a Material Definitive Agreement1.01 Entry into Definitive Material Agreement.lbsi_8k.htm
2014-03-048-K2014-02-271.01 Entry into a Material Definitive Agreement1.01 Entry into a Material Definitive Agreement.lbsi_8k.htm
2013-11-198-K2013-09-135.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers5.02 (b) On November 13, 2013, Ms. Shannan Manix submitted her resignation as a director of Labor Smart, Inc. (the “Company”).lbsi_8k.htm
2013-08-058-K2013-08-051.01 Entry into a Material Definitive Agreement1.01 Entry into a Material Definitive Agreement.lbsi_8k.htm
2013-05-068-K2013-05-061.01 Entry into a Material Definitive Agreement; 2.01 Completion of Acquisition or Disposition of Assets1.01 Entry into a Material Definitive Agreement.
2.01 On May 6, 2013, the Company closed the Agreement described in Item 1.01 above and funded the first One Hundred Fifty Thousand Dollars ($150,000) as required under the Agreement.
lbsi_8k.htm
2013-04-298-K2013-04-261.02 Termination of a Material Definitive Agreement; 8.01 Other Events1.02 On April 26, 2013 Labor Smart, Inc. (the “Company”) terminated the Investment Agreement entered into on April 12, 2013 (the “Agreement”) with Intelliace Group, LLC (“Intelliace”) which was disclosed as a subsequent event in our Form 10-K for the year ended December 31, 2012.
8.01 On April 25, 2013, the Company entered into a Shareholder Loan Agreement (the “Loan Agreement”) with Ryan Schadel (“Schadel”), the president and majority shareholder of the Company.
lbsi_8k.htm
2013-03-148-K2013-03-115.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers; 8.01 Other Events5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRGANGEMENT OF CERTAIN OFFICERS.
8.01 On March 13, 2013, Labor Smart issued a press release announcing the appointment of Ms. Manix to the Company’s Board of Directors.
lbsi_8k.htm
2013-02-278-K2013-02-265.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRGANGEMENT OF CERTAIN OFFICERS.lbsi_8k.htm