Statement of Ownership (sc 13g)
March 02 2015 - 3:48PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE
13G
Under
the Securities Exchange Act of 1934
(Amendment No. ________)*
Labor
Smart, Inc.
(Name
of Issuer)
Common
Stock, $.001 value per share
(Title
of Class of Securities)
50541A108
(CUSIP
Number)
March
2, 2015
Check the
appropriate box to designate the rule pursuant to which this Schedule is filed:
[ ] Rule 13d-1(b)
[X] Rule
13d-1(c)
[ ]
Rule 13d-1(d)
* The remainder
of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject
class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior
cover page.
The information
required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the
Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall
be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. 50541A108 |
|
13G |
|
Page
2 of 5 Pages |
1. |
NAMES
OF REPORTING PERSONS
I.R.S.
IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Daniel
James Management, Inc.
EIN:
46-2977079 |
2. |
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see
instructions)
(a)
[ ]
(b)
[ ]
|
3. |
SEC
USE ONLY
|
4. |
CITIZENSHIP
OR PLACE OF ORGANIZATION
Nevada
|
NUMBER
OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH |
5. |
SOLE
VOTING POWER
163,622,324
|
6. |
SHARED
VOTING POWER
|
7. |
SOLE
DISPOSITIVE POWER
163,622,324
|
8. |
SHARED
DISPOSITIVE POWER
|
9. |
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
163,622,324
|
10. |
CHECK
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(see
instructions) [ ]
|
11. |
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.99%
(based on the total of 1,637,861,103 outstanding shares of Common Stock as reported on Form 8-K dated February 23, 2015)
|
12. |
TYPE
OF REPORTING PERSON (see instructions)
CO
|
CUSIP No. 50541A108 |
|
13G |
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Page
3 of 5 Pages |
Item 1.
|
(a) |
Name
of Issuer
Labor Smart, Inc. |
|
|
|
|
(b) |
Address
of Issuer’s Principal Executive Offices
3270 Florence Road, Suite 200 |
|
|
Powder
Springs, GA 30141 |
Item
2.
|
(a) |
Name
of Person Filing
Daniel James Management, Inc. |
|
|
|
|
(b) |
Address
of the Principal Office or, if none, residence
3050 Sirius Avenue, Suite 104
Las
Vegas, NV 89102 |
|
|
|
|
(c) |
Citizenship
Nevada |
|
|
|
|
(d) |
Title
of Class of Securities
Common Stock, $.001 value per share |
|
|
|
|
(e) |
CUSIP
Number |
|
|
50541A1088 |
Item
3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is
a:
|
(a) |
[ ] |
Broker
or dealer registered under section 15 of the Act (15 U.S.C. 78o). |
|
|
|
|
|
(b) |
[ ] |
Bank
as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). |
|
|
|
|
|
(c) |
[ ] |
Insurance
company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). |
|
|
|
|
|
(d) |
[ ] |
Investment
company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). |
|
|
|
|
|
(e) |
[ ] |
An
investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); |
|
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|
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(f) |
[ ] |
An
employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); |
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(g) |
[ ] |
A
parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); |
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(h) |
[ ] |
A
savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); |
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(i) |
[ ] |
A
church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company
Act of 1940 (15 U.S.C. 80a-3); |
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|
|
|
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(j) |
[ ] |
Group,
in accordance with §240.13d-1(b)(1)(ii)(J). |
CUSIP No. 50541A108 |
|
13G |
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Page
4 of 5 Pages |
Item
4. Ownership.
Provide
the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in
Item 1.
|
(a) |
Amount
beneficially owned: 163,622,324 |
|
|
|
|
(b) |
Percent
of class: 9.99% |
|
|
|
|
(c) |
Number
of shares as to which the person has: |
|
(i) |
Sole
power to vote or to direct the vote 163,622,324. |
|
|
|
|
(ii) |
Shared
power to vote or to direct the vote . |
|
|
|
|
(iii) |
Sole
power to dispose or to direct the disposition of 163,622,324 |
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|
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(iv) |
Shared
power to dispose or to direct the disposition of |
Instruction.
For computations regarding securities which represent a right to acquire an underlying security see §240.13d-3(d)(1).
Item
5. Ownership of Five Percent or Less of a Class.
If this
statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner
of more than five percent of the class of securities, check the following [ ].
Instruction.
Dissolution of a group requires a response to this item.
Item
6. Ownership of More than Five Percent on Behalf of Another Person.
Item
7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.
Item
8. Identification and Classification of Members of the Group.
Item
9. Notice of Dissolution of Group.
Item
10. Certification.
|
(a) |
The
following certification shall be included if the statement is filed pursuant to §240.13d-1(b): |
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|
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By
signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are
held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing
or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as
a participant in any transaction having that purpose or effect. |
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(b) |
The
following certification shall be included if the statement is filed pursuant to §240.13d-1(c): |
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By
signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and
are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities
and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. |
CUSIP No. 50541A108 |
|
13G |
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Page
5 of 5 Pages |
After
reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true,
complete and correct.
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March
2, 2015 |
|
Date |
|
|
|
/s/
James DeOlden |
|
Signature |
|
|
|
James DeOlden,
President |
|
Name/Title |
Labor Smart (PK) (USOTC:LTNC)
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