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Re: Stock Lobster post# 105442

Friday, 07/06/2007 12:48:07 PM

Friday, July 06, 2007 12:48:07 PM

Post# of 648882
MBIR 10QSB

http://app.quotemedia.com/quotetools/showFilingOutline.go?symbol=BICN&name=MOBICLEAR%20INC.:%201....


MBIR assets http://app.quotemedia.com/quotetools/showFiling.go?name=MOBICLEAR%20INC.:%2010QSB,%20Sub-Doc%201,%20....

revenues http://app.quotemedia.com/quotetools/showFiling.go?name=MOBICLEAR%20INC.:%2010QSB,%20Sub-Doc%201,%20....

the financials do not look good, the o/s is at 377,677,000 :(

Risk Factors link Dilution?
http://app.quotemedia.com/quotetools/showFiling.go?name=MOBICLEAR%20INC.:%2010QSB,%20Sub-Doc%201,%20....

Risk Factors

Risk Factors Related to Our Finances

o If MobiClear Fails To Raise Additional Financing We Will Not Be Able To
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Fund Our Ongoing Operations And Implement Our Business Plan.
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The Company requires additional capital to support its ongoing operations.
For the quarter ended March 31, 2007, the Company has minimal revenues.
Should the Company not be able to raise capital as required, the Company
may need to cease operations entirely. Any additional financing may involve
dilution to the Company's then-existing shareholders.

o MobiClear Has Only One Initial Revenue Generating Customer Which Makes It
-------------------------------------------------------------------------
Difficult To Forecast Our Future Results.
-----------------------------------------
The Company, to date, has only done a small scale deployment with a single
customer generating less than $2,000 in revenue, as a result of this
limited in-market sales experience, it is impossible to predict the
Company's future performance or the period of time in which it can sustain
its existence.


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