It is said that good judgment comes from experience, and experience comes from bad judgment. To turn overdriving into a learning experience, follow these three steps:

The simplest response to overdriving is to park the car, that is, immediately end the session. But if this is all you do, you are not learning anything from the experience, you do not improve your skills, and you do not get better at avoiding overdriving situations nor at recovering once they do happen.

Often the actual problem and what the driver perceives are different things. In our example, the problem might be rear tire lockup but the driver did not feel the tires locking up - rather, the driver felt the car rotating excessively.

Cars without traction/stability control do not generally offer stage 1, and cars without ABS do not offer stage 2 either. Novice drivers generally lack the skills to execute stages 3 and 4. The result is that many people associate overdriving with stages 5 and 6 and often consider the affected driver "lucky" if they managed to stay on stage 5 and "unlucky" if they progressed to stage 6. But, drivers with appropriate skills can spend a lot of time in stages 3 and 4, and by doing so they learn a great deal about the capabilities of their car as well as get lots of car control practice, which makes such drivers even faster.

This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including our financial performance and projections, revenue and earnings growth, and business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: (i) potential failure to meet projected development and related targets; (ii) changes in applicable laws or regulations that may impact our products and business; and (iii) other risks and uncertainties described herein, as well as those risks and uncertainties discussed from time to time in other reports and other public filings with the OTC Markets by the Company. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.

Labor Smart, Inc. is a holding company focused on assets in the beverage space. Its primary business is Next Gen Beverages, operating as LOCK'DIN™ Beverages. LOCK'DIN™ delivers life-changing, science-driven functional beverages formulated to provide athletes, entrepreneurs and everyday achievers safe and effective natural products that help improve performance and recovery without compromising health. The Brand offers four ready-to-drink beverages, including a world-class Hydrogen Water, a Nootropic Functional Drink, and a functional Coffee. The global brand is endorsed by World Famous Boxing Champion, Manny Pacquiao, who uses the products daily in his training regimen and is also an investor, shareholder and member of the company's Board of Directors.

When you recognized you were in trouble and started to react, was your reaction decreasing or increasing the amount of trouble you were in?

Small changes seem like a no-brainer, except drivers do not always appreciate the magnitude of the changes they are making. Is half a brake marker (50 feet) a small or a big change? It is probably a small change for a novice that starts braking at the 500 board and a huge change for an advanced driver braking at the 300 board in the same car.

Legacy Distribution Group, the Direct Store Delivery (DSD) operation that was acquired from New Age Beverage boasts over 175 years of collective beverage and snack incubation and distribution in the Colorado market

If you run out of track at corner exit, what is the time (or distance) between you deciding what line to take out of the corner and how much throttle to apply, and you realizing that given that line and throttle input you will not fit into the track?

There is no magic way to know how much grip a car has, or how fast it can be in a particular point on the track executing a particular maneuver. Can the car brake at that 200 marker and make the turn? Is full throttle possible at this apex? Will the car stay on the track if it enters a turn 3 mph quicker?

Labor Smart, Inc. (OTC PINK:LTNC) ha annunciato una Lettera di Intenti vincolante per acquisire Illumination Holdings, Inc., una sussidiaria di Illumination Brands, Inc. Questa acquisizione mira a creare un colosso delle bevande e degli snack, combinando le partnership con celebri e atleti di LTNC con l'ampia rete di distribuzione di Illumination Holdings. I punti salienti includono:

Finally, the offline exercises provide additional runoff room on pavement permitting the driver to be more aggressive with their driving. Should an overdriving event occur, the additional pavement will help to keep it on stage 3 rather than 4 or above.

Labor Smart, Inc. (OTC PINK:LTNC) ha anunciado una Carta de Intención vinculante para adquirir Illumination Holdings, Inc., una subsidiaria de Illumination Brands, Inc. Esta adquisición tiene como objetivo crear un gigante de las bebidas y snacks, combinando las asociaciones de celebridades y atletas de LTNC con la amplia red de distribución de Illumination Holdings. Los aspectos destacados incluyen:

- Illumination Holdings generó $30 Millones en Ingresos en 2023- Distribución en más de 5000 locales en Colorado, el sur de Wyoming y Dakota del Sur- Brad Wyatt se unirá a LTNC como Co-CEO y miembro de la Junta- Adquisición de Legacy Distribution Group con más de 175 años de experiencia en la industria- Derechos de distribución exclusivos para varias marcas populares

Illumination Holdings is a vertically integrated distribution and brand incubation company focusing on creating new point-of-sales for consumer products while acquiring, innovating, and incubating brands owned by our company and clients. Boasting a distribution network of over 5000 large and small format locations ranging from independent and chain stores to hundreds of on-premise and non-traditional points of sales including high schools, hotels, commercial and government businesses.

There is inherently reaction time from when the problem develops to when you detect it. Good drivers work on reducing this time, i.e., recognizing problems earlier.

LOCK'DIN™ delivers life-changing, science-driven products formulated to provide athletes, entrepreneurs and everyday achievers safe and effective natural products that help improve performance and recovery without compromising health. The Brand offers four ready-to-drink beverages, including a best-in-class hydrogen water, and a Nootropic functional Coffee.LOCK'DIN™ is a global brand endorsed by World Famous Boxing Champion Manny Pacquiao who uses the products daily in his training regimen and is also an investor, shareholder and member of the company's Board of Directors.

The acquisition is expected to create a beverage and snack powerhouse, enhanced by LTNC's valuable celebrity and athletic partnerships. These strengths will be combined with Illumination Holdings' expansive distribution network, which generated approximately $30 Million in Revenues in fiscal 2023, across 5000+ large and small format retail locations spanning Colorado, Southern Wyoming, and South Dakota.

Mr. Wyatt and Mr. Zarro will Co-CEO during a 3-6 month integration period. Mr. Zarro will remain Chairman of the Board of Labor Smart, Inc. Scott Darnell, currently the Chief Strategy Officer of Illumination Holdings, Inc. will assume the role of Chief Strategy Officer of LTNC and be appointed to the LTNC Board of Directors.

An astute reader might recognize that there is a spectrum of overdriving situations, much as with driving in the first place:

- Illumination Holdings a généré 30 millions de dollars de revenus en 2023- Distribution dans plus de 5000 points de vente au Colorado, dans le sud du Wyoming et dans le Dakota du Sud- Brad Wyatt rejoindra LTNC en tant que Co-CEO et membre du Conseil d'administration- Acquisition de Legacy Distribution Group avec plus de 175 ans d'expérience dans le secteur- Droits de distribution exclusifs pour plusieurs marques populaires

How much revenue did Illumination Holdings generate in fiscal 2023? Illumination Holdings generated approximately $30 Million in Revenues in fiscal 2023.

You can improve your problem detection on the track. For the case of rear tire lockup, if you have a rear wheel drive car it is likely that engine rpms dipped before the tires lost traction enough to cause unwanted rotation. By paying attention to engine note under braking you can detect excessive rear bias before it becomes a big enough issue to cause a spin.

Overdriving. It happens to everyone. In fact, it is a necessity if a driver wants to be fast. Yet in many groups and track day organizations it is a taboo topic, something that is not supposed to ever happen.

Coinciding with the acquisition, Brad Wyatt, Chief Executive Officer of Illumination Brands, Inc. and Illumination Holdings, Inc., will be appointed to the LTNC Board of Directors. Additionally, Mr. Wyatt will assume a Co-CEO role as counterpart to Tom Zarro, Chief Executive Officer of Labor Smart, Inc.

- 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

As you drive in subsequent sessions, you want to back off a little in the corner where you overdrove the car, execute your corrective actions and try to determine if they are working. If the car spun, you should feel excessive rotation before it becomes unsalvageable. Is the car now rotating less? If yes, your hypothesis was likely correct. If no, you might need a new hypothesis.

Se espera que el acuerdo se cierre en dos semanas, con LTNC entregando una combinación de acciones comunes restringidas y acciones preferentes, en parte basadas en el rendimiento.

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:

All parties are working diligently to prepare and approve the Definitive Acquisition Purchase Agreement. The Company expects the closing to occur within the next two weeks.

The DSD's beverage incubator has aided in the initial brand development and regional market penetration for many nationally recognized brands specifically including Monster, Rockstar, C4, Tommy Knockers, Celsius, Smart Water, and more.

L'accord devrait être finalisé dans deux semaines, LTNC fournissant un mélange d'actions ordinaires restreintes et d'actions privilégiées, en partie basées sur la performance.

How does one go about finding the limits of their car and practicing car control without invoking stages 5 and 6 with the associated scolding from fellow track participants and car repair bills? The keys are reference points, small changes and offline exercises.

Exclusive distribution in Colorado of name brands such as Xing Tea, Go Fast, Aspen Pure, Rap Snacks, Karma, Recover 180, Cock n Bull, Jones Soda, Brew Dr. Kombucha, GOAT Fuel Energy, and more

The only way to answer these questions is often to try the action in question and see what happens. And sometimes the result is the car not being able to execute the driver's request, which is the definition of overdriving. The consequences can be tire smoke as the car skids off the track or a barely noticeable ignition cut as traction control intervenes.

You typically cannot start recovering too early, but you definitely can start recovering too late. A good example would be not pressing brake and clutch hard ("both feet in") as soon as you figure out you are spinning. Drivers who have no drifting experience tend to start to countersteer too late when their car oversteers.

Der Deal wird voraussichtlich innerhalb von zwei Wochen abgeschlossen, wobei LTNC eine Mischung aus eingeschränkten Stammaktien und Vorzugsaktien, teilweise leistungsabhängig, bereitstellt.

Once you know what happened, you can develop a theory as to why it happened. Being able to accurately identify the "what" will greatly help figuring out the "why". In case of our hypothetical spin, the reason could be any of a number of factors:

Brad Wyatt, Chief Executive Officer of Illumination Brands, stated, "The sale of Illumination Holdings and its assets is a strategic move for both companies and their shareholders. Both sides of this acquisition complement one another in leadership, brand development, and a second to none drive to grow both topline revenue and profitability. Our collective future is very bright with planned future acquisitions and current distribution agreements. The immediate result will enhance the company's ability to create, grow, and profitability monetize our existing and future brands. Our shared goals and vision will guide us toward continued success. I am excited about the invitation to join the team at Labor Smart and look forward to the integration of our teams."

Simply identifying the cause of overdriving will take practice and experience. The reason why novice track drivers are assigned instructors is because instructors can identify overdriving situations before they happen, or before they cause big problems.

One example is locking up front tires under braking in a non-ABS car. When you realize you have a locked up tire, how long do you figure it has already been sliding?

You will get a lot more out of overdriving situations if you return to the track and finish the session, reducing your pace sufficiently to not overdrive again. While theoretical analysis is good, actually driving the problematic area again, at speed, and driving it correctly is extremely important.

Labor Smart, Inc. (OTC PINK:LTNC) a annoncé une Lettre d'Intention contraignante pour acquérir Illumination Holdings, Inc., une filiale d'Illumination Brands, Inc. Cette acquisition vise à créer une puissante entité de boissons et de snacks, combinant les partenariats de LTNC avec des célébrités et des athlètes avec l'énorme réseau de distribution d'Illumination Holdings. Les points forts incluent :

Illumination Brandsstock

At the closing, Labor Smart, Inc. will deliver a mix of restricted common and preferred shares of LTNC to Illumination Brands, Inc. for Illumination Holdings. A large portion of the share issuance will be performance-based and subject to the achievement of certain milestones. This acquisition is anticipated to be the first of several.

Here at Race & Track Driving though we are going to look at overdriving objectively, starting with why it is necessary and finishing with postmortem analysis to actually improve oneself as a driver.

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

To get the formalities out of the way, overdriving refers to the driver asking the car to do something the car is physically unable to do. Typically this means the car requires more grip at one or several tires than is available, resulting in those tires spinning (usually under power) or sliding (usually under braking or steering) on track surface. However, sometimes the car senses that it is about to exceed the physical grip limits and prevents the driver from exceeding said limits (such as by virtue of anti-lock brakes or traction control); in these cases the car stays within physical limits but does not honor the driver's inputs.

IlluminationHoldings

When you were taking corrective action, did you go past the neutral point to create another problem? For example, drivers who are not trained to handle oversteer who manage to stop car rotation with countersteering often countersteer too much, resulting in the car rotating the other way, possibly into the outside wall.

Si prevede che l'affare si chiuda entro due settimane, con LTNC che offrirà una combinazione di azioni comuni vincolate e azioni privilegiate, in parte legate alle performance.

First you need to know what happened. Sounds simple? Not quite. You want to identify a very specific and detailed cause. Ultimately you want the cause to be actionable. Supposed you had a four off, that is, the car left paved surface entirely. Consider these two answers to the question of "what happened":

The question to ask yourself is: "Could I have seen, heard or felt something earlier to realize that something was not right?"

Reference points are a prerequisite for small changes. Your changes cannot be small if you have an imprecise baseline. Recognize that if you do not have a reference point in a particular corner, you are likely to be less consistent there and this means you need to be more careful to make small changes when you are experimenting with that corner.

- Illumination Holdings ha generato $30 Milioni in Fatturato nel 2023- Distribuzione in oltre 5000 punti vendita in Colorado, nel sud del Wyoming e nel Sud Dakota- Brad Wyatt si unirà a LTNC come Co-CEO e membro del Consiglio- Acquisizione del Legacy Distribution Group con oltre 175 anni di esperienza nel settore- Diritti di distribuzione esclusivi per diversi marchi popolari

What are some key assets included in the LTNC acquisition of Illumination Holdings? The acquisition includes Legacy Distribution Group, Aspen Pure Water brand, beer, wine, alcohol and tobacco distribution licenses, and exclusive distribution rights for several popular beverage and snack brands in Colorado.

What company is Labor Smart, Inc. (LTNC) acquiring? Labor Smart, Inc. (LTNC) is acquiring Illumination Holdings, Inc., a wholly owned subsidiary of Illumination Brands, Inc.

Labor Smart, Inc. (OTC PINK:LTNC) hat eine Verbindliche Absichtserklärung zur Übernahme der Illumination Holdings, Inc. angekündigt, einer Tochtergesellschaft der Illumination Brands, Inc. Diese Übernahme zielt darauf ab, ein Leistungszentrum für Getränke und Snacks zu schaffen, indem die Partnerschaften von LTNC mit Prominenten und Athleten mit dem umfangreichen Vertriebsnetz von Illumination Holdings kombiniert werden. Wichtige Highlights sind:

Who will be the new Co-CEO of LTNC after the acquisition? Brad Wyatt, currently the CEO of Illumination Brands and Illumination Holdings, will become Co-CEO of LTNC alongside Tom Zarro.

You can also notice that if your cause was "the car spun", your reason could have been "rear tires locked up", but if your cause was "rear tires locked up" then your reason might be "car had too much rear brake bias". In the management world, there is a technique called "five whys": when determining the root cause of a problem, ask "why" five times to progress from the most obvious, but likely surface, cause to the real, less immediately obvious cause.

What is the distribution reach of Illumination Holdings? Illumination Holdings has a distribution network spanning 5000+ large and small format retail locations across Colorado, Southern Wyoming, and South Dakota.

Labor Smart, Inc. (OTC PINK:LTNC)는 Illumination Holdings, Inc. 인수에 대한 구속력 있는 의향서를 발표했습니다. 이는 Illumination Brands, Inc.의 자회사입니다. 이번 인수는 LTNC의 유명 인사 및 운동선수와 Illumination Holdings의 광범위한 유통 네트워크를 결합하여 음료 및 간식 분야의 강력을 만드는 것을 목표로 합니다. 주요 하이라이트는 다음과 같습니다:

- Illumination Holdings erzielte 2023 einen Umsatz von 30 Millionen Dollar- Vertrieb über 5000 Verkaufsstellen in Colorado, Südwyo, und South Dakota- Brad Wyatt wird als Co-CEO und Vorstandsmitglied zu LTNC stoßen- Übernahme der Legacy Distribution Group mit über 175 Jahren Branchenerfahrung- Exklusive Vertriebsrechte für mehrere beliebte Marken

Given a hypothesis for the cause of the problem, determine the corrective action to stay on track in the future. For our example, corrective actions might be:

In both cases, driver (or instructor) chose to rotate the car. In the first video, rotation was performed into the turn which kept the car on pavement longer, scrubbing off speed, with the result being a damage-free four off. In the second video, rotation was performed away from the turn which resulted in the car completely missing the sand trap that it would have stuck in had it simply gone straight off, with the result being major damage to the car.

JACKSON, WY / ACCESSWIRE / July 23, 2024 / Labor Smart, Inc. (OTC PINK:LTNC) (the "Company" or "LTNC") today announced it has issued a Binding Letter of Intent to acquire Illumination Holdings, Inc. a wholly owned subsidiary of Illumination Brands, Inc., a leading beverage and snack incubator, brand portfolio owner, and wholesale distributor.

As the driver you can eliminate some of these options because they have preconditions. If you do not trailbrake, the second to last possibility will not be likely. If you trailbrake in a well balanced car, the same possibility will be extremely likely.

Tom Zarro, Chief Executive Officer of Labor Smart, Inc., stated, "This deal is the culmination of countless hours of work by both teams. I believe this acquisition will position Labor Smart and its combined subsidiaries to accelerate our business plans by 3 to 5 years. More than acquiring prized assets and a well-run operation, I can't overstate the top talent joining the Company as part of this acquisition and the doors it will open for our LOCK'DIN Brand of performance beverages."