Who are the new key executives joining LTNC following the acquisition? Brad Wyatt joins as Co-CEO and Board Member, while Scott Darnell joins as Chief Strategy Officer and Board Member.

Les points forts incluent une distribution améliorée grâce à Legacy Distribution Group, un portefeuille de marques solide avec des droits de distribution exclusifs et l'accès à des licences précieuses pour la distribution de bière, vin, alcool et tabac. Brad Wyatt rejoint en tant que co-CEO et membre du conseil d'administration, aux côtés de Tom Zarro. L'acquisition a été réalisée avec l'émission par LTNC de 750 millions d'actions ordinaires RESTRICTED pour 100 % des actions d'Illumination Holdings.

What brands are included in the acquisition's portfolio? The acquisition includes exclusive distribution rights for brands such as Aspen Pure Water, Xing Tea, Go Fast, Rap Snacks, and several dozen other recognized names.

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Tom Zarro commented on the closure, "The magnitude of this deal can not be overstated. This acquisition not only rapidly accelerates our strategic growth but also brings aboard exceptional talent and innovative brands. We are better positioned to advance our business objectives significantly. I believe this is an enormous win for LTNC shareholders and our LOCK'DIN portfolio of beverages. There is much more to come now that this acquisition is complete. This truly is just the beginning."

Labor Smart, Inc. (OTC PINK:LTNC) a acquis avec succès Illumination Holdings, Inc., marquant une expansion significative dans l'. L'acquisition, finalisée le 13 août 2024, intègre le vaste réseau de distribution d'Illumination Holdings, qui s'étend sur plus de 5 000 points de vente au Colorado, dans le sud du Wyoming et dans le Dakota du Sud. Ce mouvement devrait augmenter les revenus consolidés de LTNC de plus de 25 millions de dollars par an.

The acquisition was completed with LTNC issuing 750,000,000 RESTRICTED common shares to Illumination Brands, Inc. for 100% of the outstanding shares of Illumination Holdings, Inc.

At the end of the June 2024 quarter, the unaudited balance sheet of Illumination Holdings, Inc. included total assets of $10.3 million and total liabilities of $17.6 million, of which $3.5 million is Long Term Lease Obligations and $7.1 million is Long Term Debt, which the company anticipates being paid in full by the end of the 4th quarter 2025 from cash flows.

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Pursuant to the agreement, Labor Smart, Inc. has appointed Bradley J. Wyatt and Scott Darnell as Board Members. Each will be granted 200,000,000 RESTRICTED common shares, or equivalent preferred shares, in connection with their appointment as Board Members. As officers, Mr. Wyatt and Mr. Darnell will have an opportunity to earn additional performance based restricted equity.

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Los puntos destacados incluyen una distribución mejorada a través de Legacy Distribution Group, un robusto portafolio de marcas con derechos de distribución exclusivos, y acceso a valiosas licencias de distribución de Cerveza, Vino, Alcohol y Tabaco. Brad Wyatt se une como Co-CEO y miembro de la Junta, junto a Tom Zarro. La adquisición se completó con LTNC emitiendo 750 millones de acciones comunes RESTRICTED por el 100% de las acciones de Illumination Holdings.

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Labor Smart, Inc. (OTC PINK:LTNC) hat erfolgreich Illumination Holdings, Inc. übernommen, was eine bedeutende Expansion in der Getränke- und Snackindustrie markiert. Die Übernahme, die am 13. August 2024 abgeschlossen wurde, integriert das umfangreiche Vertriebsnetz von Illumination Holdings, das sich über mehr als 5.000 Einzelhandelsstandorte in Colorado, Süd-Wyoming und South Dakota erstreckt. Es wird prognostiziert, dass dieser Schritt die konsolidierten Einnahmen von LTNC um mehr als 25 Millionen Dollar jährlich erhöhen wird.

주요 하이라이트로는 Legacy Distribution Group을 통한 개선된 유통, 독점 유통 권리를 가진 강력한 브랜드 포트폴리오, 귀중한 맥주, 와인, 주류 및 담배 유통 라이선스에 대한 접근이 포함됩니다. Brad Wyatt는 공동 CEO 및 이사로 Tom Zarro와 함께 합류합니다. LTNC는 Illumination Holdings의 100% 지분에 대해 7억5000만 제한 주식(RESTRICTED)을 발행하여 인수를 완료했습니다.

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.

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.

Brad Wyatt stated, "This merger is a testament to our shared vision for growth and innovation in the beverage and snack sector. I am thrilled about the opportunities this presents for both our existing brands and future ventures."

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The company will hold a live X spaces event on Monday, August 19, 2024 at 8pm Eastern Time. CEO Tom Zarro will take live questions. Shareholders and interested parties can access the spaces by following @LaborSmartNews on X.com.

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.

Tra i principali punti salienti ci sono una distribuzione potenziata attraverso Legacy Distribution Group, un robusto portafoglio di brand con diritti di distribuzione esclusivi e accesso a preziose licenze di distribuzione per Birra, Vino, Alcol e Tabacco. Brad Wyatt entra come Co-CEO e membro del consiglio, insieme a Tom Zarro. L'acquisizione è stata completata con l'emissione da parte di LTNC di 750 milioni di azioni comuni RESTRICTED per il 100% delle azioni di Illumination Holdings.

As part of the acquisition, Brad Wyatt, previously the Chief Executive Officer of Illumination Brands, Inc., has been appointed to the LTNC Board of Directors and will serve as Co-CEO alongside Tom Zarro, who continues as Chairman of the Board. Scott Darnell has also joined LTNC as Chief Strategy Officer and Board Member, bringing his strategic insights to the company.

How many LTNC shares were issued to complete the Illumination Holdings acquisition? LTNC issued 750,000,000 RESTRICTED common shares to Illumination Brands, Inc. for 100% of the outstanding shares of Illumination Holdings, Inc.

Labor Smart, Inc. (OTC PINK:LTNC) ha acquisito con successo Illumination Holdings, Inc., segnando un'espansione significativa nell'industria delle bevande e degli snack. L'acquisizione, conclusa il 13 agosto 2024, integra l'ampia rete di distribuzione di Illumination Holdings, che si estende su oltre 5.000 punti vendita in Colorado, nel sud del Wyoming e nel Sud Dakota. Si prevede che questa mossa aumenterà i ricavi consolidati di LTNC di oltre 25 milioni di dollari all'anno.

Enhanced Distribution: Legacy Distribution Group, known for its robust Direct Store Delivery (DSD) operations with over 175 years of collective experience in the Colorado market.

Brand Portfolio: The acquisition includes Legacy Distribution Group with exclusive distribution rights of notable brands like Aspen Pure Water, Xing Tea, Go Fast, Rap Snacks, and several dozen other recognized names.

Zu den wichtigsten Höhepunkten gehören eine verbesserte Verteilung durch die Legacy Distribution Group, ein robustes Markenportfolio mit exklusiven Vertriebsrechten und der Zugang zu wertvollen Lizenzen für den Vertrieb von Bier, Wein, Alkohol und Tabak. Brad Wyatt tritt als Co-CEO und Vorstandsmitglied zusammen mit Tom Zarro bei. Die Übernahme wurde abgeschlossen, indem LTNC 750 Millionen RESTRICTED Stammaktien für 100 % der Aktien von Illumination Holdings ausgegeben hat.

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Labor Smart, Inc. (OTC PINK:LTNC) ha adquirido con éxito Illumination Holdings, Inc., marcando una expansión significativa en la industria de bebidas y snacks. La adquisición, cerrada el 13 de agosto de 2024, integra la amplia red de distribución de Illumination Holdings que abarca más de 5,000 ubicaciones minoristas en Colorado, el sur de Wyoming y Dakota del Sur. Se proyecta que este movimiento aumentará los ingresos consolidados de LTNC en más de 25 millones de dólares anuales.

How many retail locations does the acquired distribution network cover? The acquired distribution network spans over 5,000 retail locations across Colorado, Southern Wyoming, and South Dakota.

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.

What is the projected revenue increase for LTNC following the Illumination Holdings acquisition? LTNC's consolidated revenues are projected to increase by more than $25 million on an annualized basis following the acquisition of Illumination Holdings.

Version Emitting Color CCT (K)/ Wavelength (nm) Lumen (lm) Current @ 12VDC (mA) 1W, Flood Cool White 9000+ 70 90 1W, Flood Neutral White 6000-6500 70 90 1W, Flood Warm White 3000 70 90 1W, Flood Red 625 22 70 1W, Flood Blue 470 14 90 1W, Flood Green 525 46 90 1W, Flood Amber 595 16 70 1W, Flood UV 410 0.1 120 3W, Flood Cool White 9000+ 120 180 3W, Flood Neutral White 6000-6500 120 180 3W, Flood Warm White 3000 120 180 3W, Flood Red 625 42 130 3W, Flood Blue 470 24 180 3W, Flood Green 525 95 180 3W, Flood Amber 595 29 130 3W, Flood UV 410 1 180 1W, Spot Cool White 9000+ 70 90 1W, Spot Neutral White 6000-6500 70 90 1W, Spot Warm White 3000 70 90 1W, Spot Red 625 22 70 1W, Spot Blue 470 14 90 1W, Spot Green 525 46 90 1W, Spot Amber 595 16 70 1W, Spot UV 410 0.1 120 3W, Spot Cool White 9000+ 120 180 3W, Spot Neutral White 6000-6500 120 180 3W, Spot Warm White 3000 120 180 3W, Spot Red 625 42 130 3W, Spot Blue 470 24 180 3W, Spot Green 525 95 180 3W, Spot Amber 595 29 180 3W, Spot UV 410 1 180

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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.

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JACKSON, WY / ACCESSWIRE / August 15, 2024 / Labor Smart, Inc. (OTC PINK:LTNC) is pleased to announce the successful closing of its acquisition of Illumination Holdings, Inc. This strategic move marks a significant milestone in the expansion of LTNC's portfolio, enhancing its position as a leading entity in the beverage and snack industry.

The acquisition, initially announced through a Letter of Intent on July 23, 2024, officially closed on August 13, 2024, integrating Illumination Holdings' extensive distribution network and brand portfolio into LTNC's operations. This network, which spans over 5,000 retail locations across Colorado, Southern Wyoming, and South Dakota, is projected to increase LTNC consolidated revenues by more than $25,000,000 on an annualized basis.

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Licenses: LTNC has gained access to valuable Beer, Wine, Alcohol and Tobacco distribution licenses, broadening its market reach and operational capabilities.

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.

Labor Smart, Inc. (OTC PINK:LTNC)는 Illumination Holdings, Inc.를 성공적으로 인수하여 음료 및 스낵 산업에서 중요한 확장을 이루었습니다. 2024년 8월 13일에 완료된 이번 인수는 Illumination Holdings의 폭넓은 유통 네트워크가 콜로라도, 남부 와이오밍, 사우스다코타 전역의 5,000개 이상의 소매 매장에 걸쳐 통합되었습니다. 이 조치는 LTNC의 연간 통합 수익을 2,500만 달러 이상 증가시킬 것으로 예상됩니다.