I'll chime in here with my .02 worth......Please take in mind that I have not really been following the news so I really have no clue about the new contracts and etc being talked about...(yes, I am still long....just no time to waste on this..I figure it will happen or it wont....me reading 200 posts listening to people bicker about the merits of lbwr is not going to change the outcome, so I see no reason in wasting time reading IHUB, for example..The last few times I looked..there were literally hundreds and hundreds of new posts.....a quick scan and it looked like people doing nothing but arguing over the same things that have been argued about forever now.....).....I know nothing about these new contracts but there really is no other way to look at it other then good news.....More contracts, more customers should equate to good looking numbers......Which brings me to my main point....Glad to see new contracts being signed....but it again brings things back to the number thing.....LBWR has been signing some household names as clients for several years.....Yet the stock is still near the lows and the uplist is still not done and even with all of these contracts, where are the numbers?...One thing I think we pretty much know is that LBWR's PPS is not going up unless they "show us the money"....It is fairly obvious I think that contract announcements have not helped LBWR out in the past and I dont think if they announced contracts with MSFT, GOOG, IBM or anybody else, that it will have any impact on the PPS......The contracts are great, but we must see solid numbers, solid growth and solid profits before there is any chance that LBWR will be more highly valued.....So, what we need is for Dexy to get the uplist done as I do not think LBWR will do anything as long as it remains a pinkie and carries the pinkie stigma....but most of all we need Dexy to take all of these contracts and turn them in to solid profits with sustained growth....If he can accomplish this then LBWR will be fine imo.....If 2009 goes by and we are still a pinkie and Dexy has not turned these contracts into solid profits, then I for one will sell my freebies and move on.....LBWR has tremendous potential imo, but we need to see results after all these years......all the pr's..all the contracts dont mean anything if the numbers are not there....Dexy, are you listening?? Nice work on the new contracts...but get this uplist done and please show us the money, preferably in the form of official SEC filings that do not need to be restated and with a thorough proof read for mispellings, errors and etc.....Good luck to LBWR longs......
<<One or two more new contracts in this financial climate and it could get real interesting.>> |
