Replies to post #10248 on Labwire Inc (LBWR)

[Bill_Investor]

Creede, the auditors prepared the financials and disclosure is part of this process.

The disclosure does not make sense. They booked a $5,600 reserve, but subsequently pulled in $208-K?

[twoggle]

I agree. So many false rumors
could have been avoided by calling
and in some cases by reading the
filings. In this case, the $208,000
was collected for the 3rd Quarter of
2007 and the $5,600 was for doubtful
accounts as of 12/31/2007 (end of 4th
Quarter 2007).

Twoggle