How To Get Labwire In The Demand Stream
Call this a list of demands, or call this a list of suggestions, or call this Labwire's Report Card - call it whatever you want, but make sure to write and call Dexter and stress these things - because I certainly have and will.
Let's make a list, and update it as we go.
This is a list of how to get Labwire back into the demand stream - which is where we have more demand on the Ask than on the Bid. Right now, we have the reverse.
Here's how I like to look at it.
A year ago, we had more buying on the Ask than selling on the Bid, and therefore the pps was going up. I like to think of that as a "river of demand" - where was LBWR moving along nicely. All was well, and our market cap was going up.
Somewhere along the way, we veered off course and took an off-shoot that took us us out of the main stream, and into place with little to no current - and there we sit. In a lake at the end of stream removed from the current.
But how?
Well, the troubles began with the hiring of Capnet, and all their delays and poor execution of the Form 10. That combined with the Laidlaw buyout meant that we were out of the stream, and not yet turning back. 2008 was tough.
So where are we now? Well, to take the sailing analogy a little further, we are sitting in a lake at the end of the offshoot, with our craft sitting a lower in the water.
Is that because we are taking on water?
Nope. Shares are tight.
Does that mean that we are stuck here forever, and that we should abandon ship?
I'm not.
Imo, the new Form 10 with the contracts means to me that the have managed to "come around" the bow, and that we are now pointing towards the exit from our languished state. We have a whole new attitude. We could be on course to get back into the demand stream.
Here's the course as I see it.
1. Form 10 into "EFFECT" takes us out of the lake.
2. Form 211 into "EFFECT" at FINRA gets us closer.
3. Uplisting to OTCBB gets us to river.
Then to get into the current and stay in the current we need:
4. PR's
5. File on time, and post 8k's.
6. Assurances in the filings not to dilute.
7. Proof the business is growing in revenues and profits.
That is the course I am suggesting to Dexter, and the same one I hope the longs will talk about when they call and write him.
Of course, not one of things alone are going to cut it. They have to do all the first 3 to get us in close and then do some or all of those other things to get us back into the demand stream. We will know it when it happens.
After that, they have to continue to stay on the OTCBB, and do #'s 4-7 good to great. If they will, a market cap should grow that we will be proud of, and that they can use as a resource to build the company on the journey to the ocean called the AMEX.
I think we can get there.
But first that Form 10 has to pass verify we are going anywhere.
GodBless-NoDoubt
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