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


To: im a survivor who wrote (1291)9/13/2008 10:52:15 AM
From: Sidney Reilly1 Recommendation  Read Replies (1) | Respond to of 1698
 
Labwire has fully audited financials up to the last quarter all filed with the SEC! What you're posting has nothing to do with Labwire.



To: im a survivor who wrote (1291)9/13/2008 12:47:25 PM
From: creede2 Recommendations  Respond to of 1698
 
Imo all investments are gambles - meaning there is some measure of uncertainly that could lead to loss. Is Labwire is a high risk investment/gamble? Sure. Since they are a little company, something significant good or bad could impact the company in a very profound manner. An unexpected hurricane, acquisition, heart attack, contract, or buyout could have a very volatile effect on the pps or stability of this company - and that's exactly the kind of thing that appeals to me.

I have taken all the possible variables into account, and at the end of the day I feel that the risk vs. reward is worth it, since Labwire has delivered on AF's and getting current, as they promised they would. If they had not delivered on any filings by this time, I would probably feel differently, or if they would have mass diluted by this time I would certainly feel differently. As it stands right now, they have brought the filings with the SEC to current. They have held the o/s pretty much static for years. They have made a BRILLIANT cash acquisition with OTI. They have absolute stunned me with their gross margins. They are already at breakeven point on only 4MM in revenues. And last, but not least, they have added the USIS wild card, which just may turn out to be an alliance that adds 10's of millions in revenues per year.

Put all that together, and the belief that Dexter (if he stays alive long enough) will sign more Fortune 500 clients, more alliances, and more acquisitions has me quite comfortable with my risk factor in this investment/gamble. But that's just me, and I do not have more on the line than I can afford to lose - and I would not suggest anyone else go past that mark either.



GodBless-NoDoubt
creede