Labwire Inc (LBWR)

[im a survivor]

Agree and thanks for the opinion..the only part I disagree with..and not really disagreeing....

<<The statement that restricted shares always become part of the float does not mean that they will be sold. If Dexter believes that the company is worth anywhere near what the projections indicate, he won't sell. Any sale would be to be taken over at much higher share prices.
>>

If company is doing well, then yes, he would not have to sell and can simply pay himself a salary....but the restricted shares are still there...I dont expect him to just let them sit for the next 20 years, no matter what his salary is...The guy deserves to get paid..and deserves even more if the company is kicking butt.....I agree..if company is doing well, they will not DUMP..but, like all other big board stocks in which everybody is getting a nice salary, the ceos and other insiders do sell their shares, either cause stock has risen greatly, wife needs a new vacation home, or many simply set up 'monthly sale plans', in which they sell a portion every month.....So again, are we assuming that PPS will be alot higher, company will be kicking butt...so there isnt much to worry about 120 mil being dumped into a 15 mil float? Correct? That is how I am looking at it....if we are far higher, it wont be an issue....