Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Labwire Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Sidney Reilly who wrote (1048)	7/15/2008 4:56:54 PM
From: im a survivor	Respond to of 1698

AGREED!!

To: Sidney Reilly who wrote (1048)	7/15/2008 5:39:22 PM
From: The Ox	Read Replies (2) \| Respond to of 1698

Let me get this straight. A company with 140.4 Million shares outstanding, with revenue (not earnings..but revenue) of only $5 million per year is going to some how trade at $1/share?? In this market environment? Who cares how low the float is? Per the last filing available (Sept 2007), net income for the 9 months was only .0024/share (less then a quarter of a cent per share!) and revenue was only 3.5 cents per share. Just how is the stock going to hit $1/share? Please explain how this is the "greatest pink sheet" stock available? I've read the past 100 posts but I still don't get it! Based on the balance sheet, the stock's assets are currently worth 1 cent per share. Price to sales of 33? PE of 400? Thanks in advance.... TO