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04/22/06 7:39 AM

#587 RE: shermann7 #586

shermann7;

The amount of shares sold are really minimal when you consider roughly 4M in 140M OS. It was more impacting because of the low float but that is temporary IMO. Getting some extra cash on hand is a good thing for the company. There are intentions to become fully reporting which is not cheap and can easily run $300K+. There are a lot of ways the extra cash can be used and based on my DD, I am comfortable the CEO (Dexter) is not going to wast a cent of it. He is tight with the money and has big goals for this company. Revenues are growing very fast and we are cash flow positive. This will be a very good year for LBWR and it's shareholders IMO. GLTY.