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Biotech / Medical : Labwire Inc.
LBWR 0.00010000.0%Oct 24 3:23 PM EST

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From: creede6/8/2006 5:18:52 PM
  Read Replies (1) of 1698
 
Here's a few recent questions:

I keep thinking Dexter should do something to help the stock price. Why did the profit margins for the 1st quarter fall through? That was a big shift in margins. It was supposed to settle around 22%. And no PR from the company explaining it. If you haven't asked yet its a good question.

I spoke to Dexter today. I told him that it was said that he should do something about the stock price.....he laughed and said that he was.....by building the business. I agree. The best IR we will ever get is contracts, revenues, and earnings.

I also asked him about the drop in margins. He said that a lot of it had to do with the K-9 service. He said that the 4th of 2005 was a gangbuster for revenues, but the 1st quarter of 2006 came the costs. Also, he reminded me that it's not correct to compare Q4 with Q1. The only way to do it, is to compare apples to apples. So, it's actually, more like this:

Q1 2005 (.0002)
Q1 2006 .0002

That's a 200% increase! Sounds much better. We will compare Q4 2005 to Q4 2006, when we get there.

To: Sidney Reilly who wrote (312) 6/3/2006 8:01:12 PM
From: milo40 Read Replies (2) of 382

Sidney, Some time ago (post #312) you asked
how much Labwire had to put into start up
preparations for new contracts.
I'm wondering about that myself. Does anyone
have any information regarding this ?

The answer to this question is ~ $10,000. That includes travel, materials, payroll.

GB-ND
c
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