0001520138-15-000029.txt : 20150127 0001520138-15-000029.hdr.sgml : 20150127 20150127172348 ACCESSION NUMBER: 0001520138-15-000029 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150127 ITEM INFORMATION: Other Events FILED AS OF DATE: 20150127 DATE AS OF CHANGE: 20150127 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Labor Smart, Inc. CENTRAL INDEX KEY: 0001522469 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-HELP SUPPLY SERVICES [7363] IRS NUMBER: 452433287 STATE OF INCORPORATION: NV FISCAL YEAR END: 1226 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-54654 FILM NUMBER: 15552548 BUSINESS ADDRESS: STREET 1: 3270 FLORENCE ROAD STREET 2: SUITE 200 CITY: POWDER SPRINGS STATE: GA ZIP: 30127 BUSINESS PHONE: 770-222-5888 MAIL ADDRESS: STREET 1: 3270 FLORENCE ROAD STREET 2: SUITE 200 CITY: POWDER SPRINGS STATE: GA ZIP: 30127 8-K 1 ltnc-20150127_8k.htm CURRENT REPORT

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

January 27, 2015

Date of Report

(Date of earliest event reported)

LABOR SMART INC.

(Exact name of Registrant as specified in its Charter)

Nevada		000-54654		45-2433287
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)

3270 Florence Road, Suite 200, Powder Springs, GA 30127

(Address of Principal Executive Offices)

(770) 222-5888

(Registrant’s Telephone Number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions (see general instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14-a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events.

On January 27, 2015, the Company entered into three Partial Note Payment Agreements (the “Agreements”) with holders of outstanding convertible promissory notes of the Company (the “Notes”) to partially pay off the Notes with cash. The Notes required the prior written consent of the lenders in order to satisfy any of the Notes with cash. Under the first Agreement, the Company shall pay $25,000 in cash to satisfy $20,000 worth of principal due under a convertible promissory note dated June 6, 2014. Under the second Agreement, the Company shall pay $64,000 in cash to satisfy $53,000 worth of principal due under a convertible promissory note dated July 8, 2014. Under the third Agreement, the Company shall pay $64,000 in cash to satisfy $53,000 worth of principal due under the convertible promissory note dated July 22, 2014.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

			LABOR SMART, INC.

Date:	January 27, 2015	By:	/s/ Ryan Schadel
		Name:	Ryan Schadel
		Title:	Chief Executive Officer

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