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

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To: Todd R. Levine who wrote (1202)8/16/2008 3:18:57 PM
From: creede  Read Replies (1) of 1698
 
Todd,

Chart looks like dilution, right? But it's not. Imo it's just a result of all the markets getting clobbered. Seems everyone has gone to cash (except me - I have been doing the opposite), and no one is buying. That coupled with uplisting delays has put us at prices that we have not seen in quite a while.

Guess the best thing I can say is what I said here on iHub.

Posted by: Creede Bighorns Date: Saturday, August 16, 2008 12:31:26 PM
In reply to: inspro who wrote msg# 7334 Post # of 7346

Yeah, pretty cool the way things worked out. Thank goodness for the acquisition, and thank goodness for the alleged Boeing contract. Without those we might have had to endure some dilution.

re "giving up the farm" - now that's the shocker to me. I really thought that the gross margins for Q1 were probably on the high side, and that the inclusion of 1 month of USIS revenue (the first business started June 1st) would lower gross revenue in Q2. Boy was I wrong. It went up 4 more percentage points and increased our average to 50% for the year. What a shocker. Now I can only wonder what the revenues and gross margins will be for Q3. Nice thing to ponder. :-)


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