LABOR SMART, INC. REPORTS NEW WEEKLY SALES RECORD OF $432,572 FOR LATEST BILLING PERIOD IN JULY
July 23 2013 - 7:55AM
InvestorsHub NewsWire
Company Surpasses $400,000
Milestone
Hiram, GA, July 23, 2013 -- Labor SMART, Inc. (OTCQB: LTNC) (the
"Company") is pleased to announce that in the third billing week of
July, the Company successfully surpassed its recently set milestone
of $400,000 in revenues per week with a new weekly sales record of
$432,572.
The goal of $400,000 in weekly revenue was announced in a previous
press release dated May 20, 2013, at which time record weekly
revenue of $349,000 was reported. The company expects to see
continued weekly revenue increases as newer branch locations mature
and the company’s client base diversifies.
Ryan Schadel, Labor SMART's CEO, stated, "We are very pleased with
the speed in which we set this new milestone and look forward to
the next challenge we have set for ourselves. We will continue to
set the bar high in order to meet and exceed our goals for 2013 and
beyond.” He also stated, “We are now setting our next milestone at
$500,000 per week. We are confident that once we reach this goal,
Labor SMART will be able to initiate even stronger growth and
better margins.”
About Labor SMART, Inc.
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.
Safe Harbor
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.
Public Relations and Shareholder Information
Joseph M. Vazquez
Phone: (678) 279-5810
Email: shareholderrelations@laborsmart.com
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