Replies to post #6054 on Labwire Inc (LBWR)

[Risicare]

Are you telling me that historical income for LBWR is not relevant? that only future income is relevant? but future income is not audited?

How many stinky pinkies have pumped their stocks based on these statements?

I believe the past is usually a good measure for the future. Doing things like grossing up the revenue, using misleading info and having quite important restatements probably will continue.

[twoggle]

Crow, I agree. I am focused on upcoming audited filings. The most important being the 3rd and 4th quarter of 2008 as Dexter expected out best revenue growth in those quarters. The 1st and 2nd quarter of 2008 are important, obviously, but the anticipated revenue growth is small -- although that should be offset by becoming a OTCBB company!

T