Labwire Inc (LBWR): RE Lbwr.pk new contract announcement. I'...

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Bobwins

Re: micham2012 post# 2298

Tuesday, 10/03/2006 9:42:25 AM

Tuesday, October 03, 2006 9:42:25 AM

RE Lbwr.pk new contract announcement. I'm not so sure. This is not all new money. This is the first big K-9 contract they got during hurricane season last year. I'm not convinced that K-9 unit is the way to go. High labor costs, lots of supervision needed and man/dog units. Not scalable like the software. Not low labor.

I want them to sell software. Notice the existing contract didn't send profits thru the roof.

2.5 million is a decent piece of change for Labwire but I'm not so sure this is the way to go. Also notice, these guys don't pay on time. That's why Labwire had to loan money to their subsidiary last qtr to pay for Payroll and taxes.

Bobwins

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