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


To: monu who wrote (1561)5/5/2009 12:27:53 PM
From: Sidney Reilly1 Recommendation  Respond to of 1698
 
Dexter has to be given credit for his accomplishments with starting and building DISA. DISA is a private company and now Dexter is building a public company. Most of the mistakes are with the public side, getting the reporting and filings and uplisting done. He hired Williford to take care of that and Williford didn't get it done. I certainly hope we will now have a successful conclusion to that process. I have no doubt at all that Dexter can build a successful company and that's why I invested in Labwire.

I agree with you about Dexter being given advice by novice investors. I asked Dexter about that and he said he works with his SEC lawyer and the SEC. When the filing issues are resolved and we're on track, however long that takes, I have no doubt Dexter can build and run a successful business.



To: monu who wrote (1561)5/5/2009 4:09:48 PM
From: creede  Read Replies (1) | Respond to of 1698
 
monu,

have you ever considered who it is that is giving the advice to these pinky CEO's?

Unfortunately there is no handbook for how to run a stock. These new CEO's tend to think that the ones to listen to are the IR groups, or the venture capitalists. Is it any wonder why all the pinkys go to the bottom?

With the outing of Williford/Moseley, it became apparent to me that I needed to go to the company. I wanted to make sure that I had the opportunity to sit down with him face to face, and take the time to lay out exactly the cause and effect that make a stock go up, or down. This stuff is really not rocket science, but then again it may not be common sense either when you have been told things as retarded as "sometimes you have to add shares to make the price go up" (M. Williford).

And let me add this, in a very tough market I do very well. I have been in the green the last 4 years running, and I am green this year as well. I am not saying that to brag, but instead to state plainly that my advice to Dexter was spot on, and certainly advice that any long here should hope that he would take.

Here is the jest of what I told Dexter. Any arguments on any of the points?

To: sandintheshorts who wrote (1432) 1/9/2009 7:16:51 AM
From: creede of 1562

Here's the checklist of what I believe needs to happen to attract the OTCBB investors.

1. Form 10 "EFFECTIVE" at SEC.
2. Form 211 "EFFECTIVE" at FINRA.
3. UPLIST
4. File on time with SEC.
5. Consistent PR's.
6. Assurance there will be no dilution.
7. Grow the business.

The business is the hard part, and I believe it is going to prove itself in 2009. Other than that, those other points are either "negative" or "neutral" at the moment. The company has got to fix at least some of those issues to get us some demand.

I'm thinking the Form 10 shows their intent to do so.


GB-ND
creede