Labor Smart, Inc. (OTCPK:LTNC) has received approaches form buyers for the acquisition of assets. "Potential opportunities could include licensing the Labor Smart brand, sales and service partnerships, or franchising. And as expected, we have been approached by several competitors seeking to acquire some or all of our operations, or seeking arrangements to operate in a partnership capacity with us in new markets," said Ryan Schadel, Chairman and Chief Executive Officer of Labor Smart.