Labor Smart, Inc.'s Takeover Industries Signs MOU, to Form Joint Venture with H2ForLife
March 17, 2021 at 02:00 pm EDT
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Labor SMART, Inc. announced that it has signed a Memorandum of Understanding and will create a Joint Venture with Faith Springs, LLC d/b/a H2ForLife. Through this Joint Venture, Labor Smart, Inc., via its wholly owned subsidiary, Takeover Industries Inc., will secure a minority equity stake in Faith Springs LLC, and be granted the exclusive rights to market, sell and promote all hydrogen water products “Powered by H2forLife’ technology via a two-year contract. H2ForLife® is the first and only ultra-concentrated hydrogen rich spring water, canned at the source and enhanced with proprietary technology, delivering the most powerful molecular and atomic hydrogen molecules that work at the cellular level to help rejuvenate the body’s cells while enhancing their functions. The process begins with pure mountain spring water free of chlorine, fluoride, chromium 6, MTBE, and BPA, is enhanced with various trace mineral complexes, then finished off with infused molecular hydrogen. The end result is a unique premium hydrogen water for consumers who desire improved mental clarity, accelerated physical recovery, and overall wellness through oxidative stress relief.
Labor Smart, Inc. provides on-demand blue collar staffing primarily in the southeastern United States. It provides on-demand temporary labor to a variety of industries. The Company also offers flexible resources for on-demand personnel to small and large businesses in areas, which include construction, manufacturing, hospitality, event-staffing, restoration, warehousing, retailing, disaster relief and cleanup, demolition and landscaping. The Company's clients range from small businesses to Fortune 100 companies. The Company also operates a restaurant franchise and is seeking additional opportunities outside of the staffing industry. The Companyâs subsidiary is Takeover Industries, Inc. Takeover Industries, Inc. is an early stage, pre-revenue beverage venture.