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Biotech / Medical : Labwire Inc.

LBWR 0.0001000

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Oct 24 3:23 PM EDT

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From: Sidney Reilly	4/22/2006 9:03:34 PM
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An estimate of 2006 revenue taking into account the new recent developments. At 25% (conservative) growth Q over Q for 2006 over Q4 '05 lets see how it looks Q1 $1.17 mil Q2 $1.46 mil Q3 $1.82 mil Q4 $2.27 mil So a 25% estimated growth Q over Q for 2006 would give us $6.72 mil revs. Very roughly estimating expenses of $650,000 per Q (based on expenses dropping slightly from Q3 and Q4 '05 figures) and we end up with $4.12 net profit for the year 2006 (based on 25% growth). Expenses did not climb from Q3 '05 to Q4 '05 even though revs grew a lot so $650,000 seems like a quarterly expense cap. PS. These are my guestimates only based on 25% growth Q over Q

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