Oh, I can certainly see why you would be doubtful. How many times have we heard of AF's and uplistings, and then they never post a Form 10? Too many. That's the first clue that LBWR is different from the rest. Just open the 23 pages sitting at EDGAR and tell me that's not a pretty sight. It sure looks like the SEC loved it because it's over 60 days old, and we have not one comment/ammendment.
So, let's assume they actually do uplist - since it does happen from time to time. What then? Is that a big deal that they are finally in a real market? Well, put it this way, AGWS just uplisted 2 months ago, and they have doubled in price. How do they stack up to LBWR? Well, AGWS has 10MM in revenue, and an EPS of (.08) fully diluted (yes, that's negative). On the other hand, LBWR has 5MM in revenue and already has an EPS of .0027. I can give you several examples of pinks that went OTCBB, but I can only give you one that already has earnings. :-)
Know what the real kicker is? The contracts. Since LBWR has been pink for 3 years, then the Fortune 500 contracts have yet to be revealed because of nondisclosure clauses in the contracts. What would you say if I told you that we just signed Boeing, and that it would add ~2.5MM to the gross, and it hasn't even been PRed yet?
GodBless-NoDoubt
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