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Microcap & Penny Stocks : 10-Bagger MINIMUM Rise from July 1, 2005 until December 31,

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To: inchingup who wrote (1540)12/6/2006 1:34:02 PM
From: inchingup  Read Replies (2) of 1694
 
Is this the information you were looking for?

On July 1, 2005, the date of inception of this board, LBWR closed at $.28. Yesterday it closed at $.10 or a loss of rruffly 60% during the past 17 months.

In addition shares O/S have increased by 10%. Apparently the virtuoso increase in gross earnings to a +$21,000 for the first three quarters of 2006 came from the issuance of 3,200,000 shares in 2006 which netted the company about $110,000. (Great way to show a positive earnings report!!)

Also, net income from operations decreased by over $60,000 from Sept. 05 quarter to Sept. 06 quarter if I am reading these somewhat funky financials correctly.

But what you are saying to me in essence is that it doesn't make any difference, the company will of course make it up in quantity, right?
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