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

To: rogerover who wrote (1409)	1/5/2009 6:42:10 PM
From: creede	Read Replies (1) \| Respond to of 1698

rogerover, your questions are not pesky, but may prove to be tough to answer since the revenues are not itemized in the filings. While I often said that the o/s is too high for my liking, I have also said that it could be overcome since the margins are obviously pretty good - how else could they be breaking even at approx $4MM bucks? Now, you do know that is the first time anyone has ever seen the client list - and it could not be more impressive, right? That list tells me that #1 Labwire can sign stellar clients, and #2 that those clients are probably quite capable of a lot of organic growth. Agree? Furthermore, the reaons this stock is under a dime are quite obvious, imo. Here are the reasons. #1 Scam fears prior to the filing of the Form 10 - which for practical purposes will be banished if that Form 10 is put into effect. #2 Slow communication with the SEC. Gotta file on time or early once or twice to fix that. #3 Dilution fears. I think this is area is a "push" because they have been very stingy with the shares. They have only let go an average of 2.3MM shares over the last 3 years. I think they need to promise no dilution for at least 12 months - which would be the bears worst nightmare. I encourage everyone to send Dexter an email asking for this. #4 Communication with the Shareholders. This has been just aweful for years now. Labwire will put out a PR here and there and then just go silent for months on end. This will be in large part fixed if the Form 10 put into effect, because they will then have file 8k's, and therefore will put out PR's as well. They need to make it a point from here on out to never let there be a news drought even if there are no material changes. #5 Investors Relations. Know why it's so hard to find good investor relations in the pinks? Because most all the IR guys are trained by organizations such as Big Apple that really only want to do IR when it's in conjunction with dumping shares. Labwire has cut ties with Capnet, and has removed Marlin Williford as CFO. Now they need to cut all ties with Williford, and hire someone totally outside the stock circles to do IR. Train him right, and make him a company man. Now, isn't all that stuff up there the easy part? Building the business is what counts most, and imo they are very much on track. That have excellent margins, awesome clients, and at least one alliance that could end up bringing in a whole bunch of revenue in 2009 (USIS). That means if they take the suggestions that have already been submitted to the CEO (those right up there), then this stock could get real healthy in a hurry. First thing that has to happen is that Form 10 has to pass. If it does, then I think we might see Labwire suddenly get real interested in fixing the problems listed. He's very proud of his company, and I assure you he would like to see his stock as something to be proud of as well. BTW - I just got back from a trip to Houston last week. Could not have been more impressed with the CEO and his staff. GB-ND c