I haven't asked Dexter, but looks like to me, they come out 6 weeks after the period is over. So, May 15th would be my guess. I'm thinking we get good news WAY before that. Why? Because really no business news has been released from the company since this PR:
Labwire Announces Contract Extension with Major Oil, Gas and Chemical Company Tuesday October 25, 8:30 am ET Deploys Canine Security Units to Port Arthur Refineries
HOUSTON, Oct. 25, 2005 (PRIMEZONE) -- Labwire Inc. (Pink Sheets:LBWR), a leading Employee Screening Solutions Provider, today announced that the Company has deployed additional canine units for security and bomb detection to their Port Arthur refinery client located in Port Arthur, TX. The deployment will last through November 4th and fall under the Company's existing agreement with one of the world's largest oil, gas and chemical companies. ADVERTISEMENT
``Our ability to quickly and effectively react to Norco's and Port Arthur's needs in the wake of two devastating hurricanes demonstrates our commitment to providing professional and timely customer service, resulting in an expansion of our agreement. In addition to successfully providing employee screening services via our leading edge Labwire Platform, we will continue to offer canine surveillance and security services to power plants and refineries through strategic partnerships,'' commented Dexter Morris, President of Labwire.
The Port Arthur Refinery is comprised of 3,500 acres with approximately 2,000 acres of operations and is considered to be one of the preeminent Gulf Coast refineries. The Port Arthur Refinery manufactures motor gasoline, aviation fuel, diesel, industrial fuel oil, lubricating oils and petrochemical feedstock.
Labwire Inc., headquartered in Houston, TX, provides secure and compliant employee drug screening and background checking services to Fortune 500 corporations via the Labwire Platform. Labwire's wholly owned subsidiary, Workplace Screening Services, provides security services to the chemical facilities and oil and gas refineries in Norco, Louisiana, that consists of canine bomb detection and canine surveillance. The first canine team was successfully deployed on June 1, 2005, through an affiliate partnership with American K-9 Bomb Search Inc., Houston, Texas.
Between the Drug screening, the Background checking, and the K-9 revenues, I think something is coming. I think there is also a good possibility that we have business that has never been PR'ed. What ever be the case, Dexter is not unaware of his new investor base. He used multiple IR guys in the past, trying to turn around the trend in the share price. Now all we need is a little good news! Let's all stay patient (or add more...that's what I keep doing!) until we see the next few PR's and reports.
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