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Re: mizzou7 post# 117

Saturday, 12/17/2005 12:21:10 AM

Saturday, December 17, 2005 12:21:10 AM

Post# of 163
mizzou7, read that past SEC filings especially the last 10QSB;

http://www.sec.gov/cgi-bin/browse-edgar?company=micro+lab&CIK=&filenum=&State=&SIC=&...

People gave me a hard time about the state of the company as gleaned from their own filings;

http://finance.yahoo.com/q/bs?s=MLARE.OB

Very limited business for the last two years. One simple change to the last 4 years of SEC filings was the SUBSEQUENT EVENTS section of the last 10QSB;

NOTE 4: Subsequent events

In July 2005, the Company agreed to issue 500,000 shares of common
stock to a consultant for services for the following 12 months. The
shares were valued at fair market value of $0.02 or $10,000.

In August 2005, the Company agreed to issue 500,200 shares of common
stock to a web site developer to develop a website for the Company.
The shares were valued at fair market value of $0.03 or $15,000.


There was some excitement and a spike due to that. Otherwise, little money, little inventory, little sales. The CEO still does hold all of his stock which is a good thing.

Read the filings. Maybe the website generated a few new sales; the 10QSB due now will be only show business through September 30, 2005.

BTW- who gets the $600 per month from MLAR(e) for their 400 square foot office?

Good luck.




I talk about stocks on stock message boards. No compensation. No fee is worth preying on the gullible or the unaware.

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