<SUBMISSION>
<ACCESSION-NUMBER>0000950144-07-005207
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20070525
<ITEMS>8.01
<FILING-DATE>20070525
<DATE-OF-FILING-DATE-CHANGE>20070525
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>ABLEST INC
<CIK>0000046653
<ASSIGNED-SIC>7363
<IRS-NUMBER>160803301
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1227
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>001-10893
<FILM-NUMBER>07881499
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>1901 ULMERTON ROAD
<STREET2>SUITE 300
<CITY>CLEARWATER
<STATE>FL
<ZIP>33762
<PHONE>7237461565
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>45 ANDERSON ROAD
<CITY>BUFFALO
<STATE>NY
<ZIP>14225
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>HEIST C H CORP
<DATE-CHANGED>19920703
</FORMER-COMPANY>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>g07669e8vk.htm
<DESCRIPTION>ABLEST,INC.
<TEXT>
<HTML>
<HEAD>
<TITLE>ABLEST,INC.</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
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<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>




<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>Washington, D.C. 20549</B>
</DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>FORM 8-K</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>CURRENT REPORT<BR>
Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>Date of Report (Date of earliest event reported): May&nbsp;25, 2007</B>
</DIV>

<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B>ABLEST INC.</B>
</DIV>

<DIV align="center" style="font-size: 10pt"><I>(Exact name of registrant as specified in its charter)</I></DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head --><TR valign="bottom">
    <TD width="31%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="31%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="31%">&nbsp;</TD>
</TR>
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<TR valign="bottom">
    <TD align="center" valign="top"><B>Delaware</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>1-10893</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>65-0978462</B></TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><I>(State or other jurisdiction <BR>
of incorporation)</I>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><I>(Commission File Number)</I>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><I>(IRS Employer Identification No)</I></TD>
</TR>
<!-- End Table Body --></TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head --><TR valign="bottom">
    <TD width="47%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="47%">&nbsp;</TD>
</TR>
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<TR valign="bottom">
    <TD align="center" valign="top"><B>1511 N. Westshore Blvd., Suite&nbsp;900, Tampa, Florida</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>33607</B></TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><I>(Address of principal executive offices)</I>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><I>(Zip Code)</I></TD>
</TR>
<!-- End Table Body --></TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><I>(Registrant&#146;s telephone number, including area code): </I>(<B>813) 830-7700</B>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><U><B>Not Applicable</B></U><BR>
(Former name or former address, if changed since last report)</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">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:
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left"><FONT face="Wingdings">&#111;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Written communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR 230,425)</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left"><FONT face="Wingdings">&#111;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR 240.14a-12)</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left"><FONT face="Wingdings">&#111;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Pre-commencement communications pursuant to Rule&nbsp;14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left"><FONT face="Wingdings">&#111;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Pre-commencement communications pursuant to Rule&nbsp;13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))</TD>
</TR>

</TABLE>
</DIV>

<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>





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<DIV style="font-family: 'Times New Roman',Times,serif">







<!-- link2 "Item&nbsp;8.01. Other Events" -->
<DIV align="left"><A NAME="000"></A></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;8.01. Other Events</B>
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 8%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On or about May&nbsp;14 2007, Ablest Inc. (&#147;we,&#148; &#147;us,&#148; &#147;Ablest&#148; or the
&#147;Company&#148;) mailed a proxy statement relating to a special meeting of shareholders of the Company
scheduled for June&nbsp;7, 2007, to vote on a proposal to approve the Agreement and Plan of Merger,
dated as of April&nbsp;4, 2007 (the &#147;Agreement&#148;), by and among Koosharem Corporation, a California
corporation (&#147;Parent&#148;), Select Acquisition, Inc., a Delaware corporation and a wholly-owned
subsidiary of Parent (&#147;Merger Sub&#148;), and the Company.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 8%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As previously disclosed, on May&nbsp;15, 2007, a
purported class action complaint was filed in the Court of Chancery of the State of Delaware in and
for New Castle County by a plaintiff who is an alleged shareholder of the Company. The complaint,
which is styled as <U>Mandell v. Ablest Inc., et al.</U> (Civil Action No.&nbsp;2958-VCN), names as defendants
the Company, its directors, Parent and Merger Sub and alleges, among other things, that the
Company&#146;s directors breached their fiduciary duties to the shareholders of the Company in
connection with the proposed transaction. Among other relief, the complaint seeks class action
status, injunctive relief against consummation of the merger, and payment of attorneys&#146; fees.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 8%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
May&nbsp;25, 2007, the parties, including the Company, executed a Memorandum of Understanding to settle
the lawsuit. As part of the settlement, the defendants deny all allegations of wrongdoing. The
settlement will be subject to customary conditions, including court approval following notice to
members of the proposed settlement class and consummation of the merger. If finally approved by the
court, the settlement will resolve all of the claims that were or could have been brought on behalf
of the proposed settlement class in the action being settled, including all claims relating to the
merger, the merger agreement and any disclosure made in connection therewith. In addition, in
connection with the settlement, the parties have agreed that plaintiffs&#146; counsel will petition the
court for an award of attorneys&#146; fees and expenses to be paid by us. The merger may be consummated
prior to final court approval of the settlement.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 8%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The settlement will not affect the timing of the
merger or the amount of merger consideration to be paid in the merger.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 8%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the proposed
settlement, we have agreed to make the amended and supplemental disclosures set forth below;
however, the Company does not make any admission that such supplemental disclosures are material.
Important information concerning the proposed merger is set forth in our definitive proxy statement
dated May&nbsp;11, 2007 (the &#147;Definitive Proxy Statement&#148;). The Definitive Proxy Statement is amended
and supplemented by, and should be read as part of, and in conjunction with, the information set
forth herein. Capitalized terms used herein but not otherwise defined herein shall have the
meanings ascribed thereto in the Definitive Proxy Statement.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 8%"><B>Amended and Supplemental Disclosure</B>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="8%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">1.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The fifth paragraph on page 11 of the Definitive Proxy Statement is amended to insert the following
sentence after the second sentence thereof:</TD>
</TR>

</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 15%">&#147;Foley &#038; Lardner LLP has never been engaged as legal
counsel to Parent.&#148;
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="8%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">2.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The second paragraph on page 15 of the Definitive Proxy Statement is
subdivided into two paragraphs and amended and restated in its entirety to read as follows:</TD>
</TR>

</TABLE>
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->2<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 14%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;From
April&nbsp;4, 2007 through April&nbsp;19, 2007, the special committee, with the assistance of its financial
advisor, Hyde Park Capital, conducted a market survey in an effort to solicit potential superior
proposals. During this period, Hyde Park Capital contacted, on behalf of the special committee, 71
potential strategic and financial buyers that Hyde Park Capital, in collaboration with Mr.&nbsp;Roberson
and Mr.&nbsp;Foster, had determined likely possessed the means and resources to complete an acquisition
of the Company. All but seven of these potential buyers received a short written overview
describing the Company and the opportunity available to potential buyers. The potential buyers
were also provided notice that additional information and due diligence materials were available to
potential buyers in the event they were interested in pursuing a potential transaction constituting
a superior proposal and would be willing to sign an appropriate confidentiality agreement. Of the
71 potential buyers contacted, none (other than Party A) executed a confidentiality agreement and
none received further, non-public information concerning the Company. Ultimately, none of the
identified parties evidenced a serious interest in acquiring the Company at a valuation competitive
with the price provided for in the merger agreement, or at all, with the exception of Party A,
which had previously submitted a nonbinding proposal to acquire all of the Company&#146;s outstanding
shares for a fully-diluted enterprise valuation of $36&nbsp;million.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 14%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;At the behest of the special
committee, Hyde Park Capital sought to confirm both Party A&#146;s continued interest in pursuing a
possible transaction with Ablest and Party A&#146;s ability to finance such a transaction. Hyde Park
Capital sought, but was unable to obtain, an executed written confirmation of Party A&#146;s previously
submitted proposal. In addition, in connection with Hyde Park Capital&#146;s evaluation of Party A&#146;s
ability to finance a possible transaction at a price higher than the price provided for in the
merger agreement, Hyde Park Capital reviewed Party A&#146;s publicly available financial statements and
sought to contact, with Party A&#146;s permission, Party A&#146;s proposed financing source. Despite
repeated efforts, Hyde Park Capital was unable to contact the proposed financing source.
Furthermore, despite repeated requests by Hyde Park Capital, neither Party A nor the proposed
financing source delivered an executed financing commitment of any kind. On April&nbsp;10, 2007, April
17, 2007 and April&nbsp;20, 2007, the special committee held special telephonic meetings, at which all
committee members were present and representatives of Company management, Hyde Park Capital,
Raymond James and Foley &#038; Lardner LLP, as well as Mr.&nbsp;Foster, also participated. At these
meetings, Hyde Park Capital reviewed with the special committee the status and results of the
ongoing market survey process. At the April&nbsp;17, 2007 meeting, Hyde Park Capital informed the
special committee that the contemplated financing for the proposal by Party A had not materialized
and, thus, that Party A was no longer interested in pursuing a possible transaction with the
Company.
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="8%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">3.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The second full paragraph on page 22 of the Definitive Proxy Statement is amended and
restated in its entirety to read as follows:</TD>
</TR>

</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 14%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For services rendered in connection with the delivery
of its opinion, the Company paid Raymond James a customary investment banking fee of $250,000. No
portion of this fee was contingent on the consummation of the merger. The Company also agreed to
reimburse Raymond James for its
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->3<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 14%">expenses incurred in connection with its services, including the
fees and expenses of its counsel, and will indemnify Raymond James against certain liabilities
arising out of its engagement.
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="8%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">4.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The third full paragraph on page 22 of the Definitive Proxy
Statement is amended to add the following sentence at the end thereof:</TD>
</TR>

</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 14%">&#147;However, Raymond James has
not provided investment banking services in the past to either the Company or Parent.&#148;
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="8%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">5.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>A new
subsection entitled &#147;The Merger &#151; Certain Financial Projections&#148; is added after the third full
paragraph on page 22 of the Definitive Proxy Statement as follows:</TD>
</TR>

</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 14%"><B>Certain Financial Projections</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 14%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Although from time to time we have publicly provided limited guidance as to future earnings and
other financial performance measures, we do not as a matter of policy generally make public
forecasts or projections of future performance or earnings. In connection with our possible sale,
however, our management prepared various projections that were provided to Raymond James, which
Raymond James then used in connection with its financial analyses described under &#147;&#151;Opinion of
Raymond James &#038; Associates, Inc. &#151; Financial Advisor to the Company&#148; beginning on page 17 of the
Definitive Proxy Statement. The projections were not prepared with a view toward public disclosure
or compliance with published guidelines of the Securities and Exchange Commission (the &#147;SEC&#148;), the
guidelines established by the American Institute of Certified Public Accountants for Prospective
Financial Information or generally accepted accounting principles. The prospective financial
information included in this document has been prepared by, and is the responsibility of, our
management. Our independent registered public accounting firm has neither examined nor compiled
the accompanying prospective financial information and, accordingly, our independent registered
public accounting firm does not express an opinion or any other form of assurance with respect
thereto. A summary of projections that we provided to Raymond James is included below to give our
stockholders access to information that was not publicly available and that we provided to Raymond
James in connection with the merger, as discussed above.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 14%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The projections included below are
forward-looking statements within the meaning of Section&nbsp;27A of the Securities Act of 1933, as
amended, and Section&nbsp;21E of the Securities Exchange Act of 1934, as amended, and are subject to
risks and uncertainties that could cause actual results to differ materially from those shown below
and should be read with caution. They are subjective in many respects and thus susceptible to
interpretations and periodic revisions based on actual experience and developments occurring since
the date as of which the projections were prepared. Although presented with numerical specificity,
the projections were not prepared in the ordinary course and are based upon a variety of estimates
and hypothetical assumptions made by our management with respect to, among other things, general
economic, market, interest rate and financial conditions, competition within the staffing services
industry, expansion opportunities and risks associated with expansion, and other
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->4<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 14%">factors. None of the assumptions may be realized, and they are inherently subject to significant business,
economic and competitive uncertainties and contingencies, all of which are difficult to predict and many of
which are beyond our control, and can generally be expected to increase with the passage of time from the dates
of the projections. Accordingly, the assumptions made in preparing the projections may not prove accurate, and
actual results may materially differ. In addition, the projections do not take into account any of the transactions
contemplated by the merger agreement, which may also cause actual results to materially differ.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 14%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For these reasons, as well as the bases and assumptions on which the projections were compiled, the
inclusion of the projections in this document should not be regarded as an indication that the projections
will be an accurate prediction of future events, and they should not be relied on as such. None of the Company,
the Ablest Board, the special committee, Raymond James or Parent assumes any responsibility for the reasonableness,
completeness, accuracy or reliability of the projections. No one has made, or makes, any representation regarding
the information contained in the projections and, except as may be required by applicable securities laws, we do not
intend to update or otherwise revise the projections to reflect circumstances existing after the date when made or to
reflect the occurrences of future events even if any or all of the assumptions are shown to be in error. Due to the
volatility of the industry and since the prospective financial information provided in this document is in summary format,
you are cautioned not to rely on this information in making a decision whether to vote in favor of the merger agreement.
The financial projections should be read together with our financial statements, which can be obtained from the SEC as described in
&#147;Where Stockholders Can Find More Information&#148; beginning on page 52.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Management Projections Summary<BR>
(in thousands)</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head --><TR valign="bottom">
    <TD width="40%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="18" style="border-bottom: 1px solid #000000"><B>Projected</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2" style="border-bottom: 1px solid #000000"><B>2007</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2" style="border-bottom: 1px solid #000000"><B>2008</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2" style="border-bottom: 1px solid #000000"><B>2009</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2" style="border-bottom: 1px solid #000000"><B>2010</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2" style="border-bottom: 1px solid #000000"><B>2011</B></TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Total Sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">151,882</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">165,792</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">180,719</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">197,331</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">214,925</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Total Cost of Sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">124,471</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">135,520</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">147,353</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">160,703</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">175,018</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Total S G &#038; A</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">23,305</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">25,442</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">27,531</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">29,709</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">31,987</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">EBITDA(1)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">4,645</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">5,403</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">6,477</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">7,578</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">8,596</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body --></TABLE>
</DIV>



<DIV align="left">
<DIV style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000">&nbsp;</DIV>
</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD width="96"></TD>
</TR>

<TR valign="top">
    <TD nowrap align="left">(1)</TD>
    <TD>&nbsp;</TD>
    <TD>EBITDA includes earnings before depreciation and amortization, interest
expense, income taxes and gain or (loss)&nbsp;on the sale or disposal of property. EBITDA is not
a calculation determined pursuant to generally accepted accounting principles and is not an
alternative to income from operation or net income, and is not a measure of liquidity. Since
not all companies calculate this measure in the same manner, Ablest&#146;s EBITDA measure may not
be comparable to similarly titled measures reported by other companies. The company believes
that this disclosure enhances the understanding of the projected financial performance of a
company with substantial interest expense, depreciation and amortization.</TD>
</TR>

</TABLE>




<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 14%">The foregoing financial projections were prepared and
delivered to Raymond James in March, 2007.
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="8%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">6.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The disclosure under the caption &#147;The Merger Agreement &#151; Preparation of
Proxy Statement; Stockholders&#146; Meeting and Board Recommendation&#148; on page 35 of
the Definitive Proxy Statement is amended to add the following paragraph at the
end thereof:</TD>
</TR>

</TABLE>
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->5<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 14%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company has the right, under certain
circumstances, to terminate the merger agreement, and
such termination will automatically terminate the
obligations of the Heist family under the voting
agreement. See &#147;The Voting Agreement &#151; Termination&#148;
on page 45. In the event that the Ablest Board
determines to withdraw or change its recommendation
with respect to the merger, but the merger agreement
is not terminated in connection therewith, the Heist
family&#146;s obligations under the voting agreement would
not terminate, and the approval of the merger by the
Company&#146;s stockholders as required by Delaware law
would be assured, even in the absence of the Ablest
Board&#146;s affirmative recommendation.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 8%"><B>Additional Information and Where to Find It</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 8%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In connection with the proposed transaction, the Company has filed
the Definitive Proxy Statement, which has been mailed to its
stockholders. The Company&#146;s stockholders are urged to read the
Definitive Proxy Statement and any other relevant documents filed
with the SEC, because they contain important information about the
Company and the proposed transaction. The Definitive Proxy
Statement and other relevant materials, and any other documents
filed by the Company with the SEC, may be obtained free of charge
at the SEC&#146;s website at http://www.sec.gov. Stockholders are urged
to read the Definitive Proxy Statement and other relevant materials
before making any voting decision with respect to the merger.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 8%"><B>Participants in the Solicitation</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 8%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company and its directors, executive officers and other members
of its management and employees may be deemed to be participants in
the solicitation of proxies from its stockholders in favor of the
proposed transaction. Information regarding the Company&#146;s directors
and executive officers is contained in the Company&#146;s Definitive
Proxy Statement relating to its 2006 annual meeting of
stockholders, which was filed with the SEC on April&nbsp;17, 2006.
Additional information regarding the direct and indirect interests
of the Company and its executive officers and directors in the
proposed transaction is included in the Definitive Proxy Statement
and other relevant documents filed with the SEC.
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->6<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">
<!-- link1 "SIGNATURE" -->

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SIGNATURE</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">ABLEST INC. <BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">May 25, 2007&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>

<TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/
John Horan</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">John Horan&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Chief Financial Officer&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>


<P align="center" style="font-size: 10pt"><!-- Folio -->7<!-- /Folio -->
</DIV>


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