Labwire Inc (LBWR)

[the_worm06]

Ok, good stuff on the $400,000 per quarter lost revenue for LBWR...

it doesn't come from the Greyhound Agreement...

so now we know, in addition to the Greyhound business being reduced, we now have another company, yet to be named by LBWR, that terminated its agreement at the beginning of the 2008 first quarter causing LBWR to lose about $400,000 per quarter in revenues...

thanks Robsct





Posted by: Robsct Date: Thursday, January 22, 2009 12:41:28 AM
In reply to: None Post # of 9648

I have contacted the company for clarification and was told that no contract was ever terminated for cause and Greyhound is still being provided other services directly by Labwire. The Greyhound drug testing is being handled under the new USIS agreement with Labwire and the Greyhound testing business is growing under the new Greyhound owners.