by: Creede Bighorns
In reply to: Creede Bighorns who wrote msg# 112 Date:3/29/2006 6:21:13 PM
Post #of 168
Whew!!!! Sorry for all the typos. I had a big open window today, and decided to just type as much of the info that I could...my proof reader is on vacation! lol
So, for the most part, that's the story. Here's a few more bullet points, that I may go into more depth with, after I recover. lol
~~> Labwire's platform is also the most cost effective on the market.
~~> Simplified billing for client ease. This also decreases time for accounts payable.
~~> K-9 revenue stream (Tim has covered this nicely already, my main point is that it's another area industry that Dexter is defining.).
~~> Revenue through licensing platform for smaller TPA's. This is in order to still be able to make money off of the "little fish" that are referred to other TPA's. The licensing agreement would not allow these TPA's to use the platform on Fortune 500 corporations.
~~> Possibly entering the online background checking market. Something like intelius find.intelius.com ...this is an EASY step for the company to make, and goes with the business model(this was my idea. lol). They are discussing this now. This would increase investor awareness, and hopefully give us a much cheaper alternative to untelius. Not to mention another revenue stream that has high margins.
~~> Share structure - Dexter's close friends and family helped him finance Labwire. They hold restricted shares as well as shares purchased on the open market. I'm of the opinion that Dexter is very stingy with his shares, and will protect the share structure at all costs. One added note is that since we are now in the black, the need to dilute is greatly decreased. One more nice contract, and we will really looking good on that next report.
~~> Labwire's next move is to the OTC.
~~> Labwire eventually wants a home on the Amex or NASDAQ.
So, for now...that's about it. If you have any questions, feel free to ask me, but really, the best thing to do, is call Dexter. I bet it would be worth your time...and ours.
I guess the only thing left now is to decide if you think that the contracts will come, and if the share structure will stay intact.....I have made my decision (as if you didn't already know!).
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