LABOR SMART INC - LTNC STOCK NEWS

Labor Smart, Inc. (OTC PINK:LTNC) has successfully acquired Illumination Holdings, Inc., marking a significant expansion in the beverage and snack industry. The acquisition, closed on August 13, 2024, integrates Illumination Holdings' extensive distribution network spanning over 5,000 retail locations across Colorado, Southern Wyoming, and South Dakota. This move is projected to increase LTNC's consolidated revenues by more than $25 million annually.

Key highlights include enhanced distribution through Legacy Distribution Group, a robust brand portfolio with exclusive distribution rights, and access to valuable Beer, Wine, Alcohol, and Tobacco distribution licenses. Brad Wyatt joins as Co-CEO and Board Member, alongside Tom Zarro. The acquisition was completed with LTNC issuing 750 million RESTRICTED common shares for 100% of Illumination Holdings' shares.

Labor Smart, Inc. (OTC PINK:LTNC) has announced a Binding Letter of Intent to acquire Illumination Holdings, Inc., a subsidiary of Illumination Brands, Inc. This acquisition aims to create a beverage and snack powerhouse, combining LTNC's celebrity and athletic partnerships with Illumination Holdings' extensive distribution network. Key highlights include:

- Illumination Holdings generated $30 Million in Revenues in 2023
- Distribution across 5000+ retail locations in Colorado, Southern Wyoming, and South Dakota
- Brad Wyatt to join LTNC as Co-CEO and Board member
- Acquisition of Legacy Distribution Group with 175+ years of industry experience
- Exclusive distribution rights for several popular brands

The deal is expected to close within two weeks, with LTNC delivering a mix of restricted common and preferred shares, partly performance-based.

Labor Smart has retained Glendale Securities to file Form 15c2-11 to enhance LTNC's trading status. This move transitions LTNC from unsolicited to solicited quotes, broadening its market reach and liquidity. The initiative aims to increase visibility among brokers and investors. CEO Tom Zarro emphasizes this step's alignment with Labor Smart's growth strategy, aiming to boost investor confidence and maximize shareholder value. Additionally, Labor Smart has opened an investment trading account with Glendale Securities, preparing for potential stock buyback opportunities. The filing process is expected to take three months.

Labor Smart's subsidiary, Next Gen Beverages, conducted a town square event on X (formerly Twitter) on June 18th. They announced UFC Champion Rose Namajunas and MMA fighter Alyse Anderson as brand ambassadors for their performance drink, LOCK'DIN. CEO Tom Zarro emphasized the resilience, precision, and champion mindset of Namajunas, aligning her traits with the brand's values.

Preliminary second-quarter sales figures were shared: April ~$114,000, May ~$78,000, and June ~$50,000 (projected). Although the team is not satisfied with these results, they plan to enhance direct-to-consumer channels before expanding retail.

Michael Araghi was elected to the Board of Directors and will become President of Next Gen Beverages on July 1st. Lastly, they launched a -edition "Freedom" Hydrogen Water for Independence Day.

Labor Smart, through its subsidiary Next Gen Beverages, has announced a strategic partnership with the Association of Pickleball Players (APP). LOCK'DIN Beverages, known for its Hydrogen Rich Water (HRW), is now the Official Hydrogen Water of the APP. This collaboration aims to introduce HRW's performance, wellness, and recovery benefits to pickleball players—a rapidly growing sport in the USA and globally. LOCK'DIN Beverages will sponsor various APP events in 2024, starting with the APP Chicago Open from Aug. 28 to Sep. 1. The initiative aims to position HRW as a leading functional water for athletes.

Labor Smart (OTC PINK:LTNC) held a town square event on X Spaces on May 14, 2024. Through its subsidiary, Next Gen Beverages, the company discussed various topics including new products, such as a new flavor POG, and introduced Chad Owens as their new Ambassador and Sales Distribution Partner for Hawaii. The company mentioned potential share reduction strategies with a buyback value of $400,000 and the initiation of a company trading account for future buybacks. Distribution opportunities in Asia and Dubai are still in process. The company will use a 5-day extension window for Q1 filings. Additionally, their LOCK'DIN trademark has been published without opposition.

Labor Smart, Inc. (LTNC) announces a strategic partnership with Stevie Williams, a renowned skateboarding icon, fitness influencer, and fashion entrepreneur, as the new brand ambassador for their performance drink brand, LOCK'DIN.

Labor Smart, Inc. (LTNC) announces a partnership with Mass Luminosity's BEAM, a next-generation streaming platform, to enter the E-gaming and video game streaming markets. LOCK'DIN, the performance drink brand, will be featured as the official launch partner of BEAM, offering its innovative beverages to the gaming community. The collaboration with Angel Munoz, a pioneer in E-sports, positions LTNC at the forefront of innovation in these rapidly expanding sectors.

Labor Smart, Inc. (LTNC) achieves Pink Current status on the OTC Market through Next Gen Beverages, maker of LOCK'DIN beverages. The milestone enhances global expansion and innovation, backed by CEO Tom Zarro and a seasoned executive team. LOCK'DIN offers performance drinks endorsed by Manny Pacquiao, featuring Hydrogen Rich Water, Alkaline Water, Nootropics Performance Drink, and K-Cup Focus Coffee.