Labwire Inc (LBWR)

[micham2012]

I agree completely with the observation that traditional valuation metrics are appropriate here. It is precisely because this is not a typical pinksheet stock that many have invested in the company.

I understand that the purpose of the PR was to confirm completion of the audited financials, but I wish the PR had given a glimpse of the impact that the USIS relationship is expected to have on revenues and (hopefully) earnings. Personally, I have never doubted the essential accuracy of the information supplied by the company. But IMO the company will need to show considerable growth from here to command anything like a $.25/share price.