the_worm06

Thoughts, Comments and Research on Publicly Traded Companies and Internet Stock Message Boards

Thursday, March 27, 2008

Mr. Robert H. Cooper - "The Unethical Attorney", Part V

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One more step on the road to disbarment.

The following is Part V in a series on the unbelievable unethical behavior exhibited by Miami Attorney Robert H. Cooper (Robert Cooper).

This time legal documents from the Florida lawsuit titled: UCSY v. Dembovich, Villasenor et al have been chosen. Mr. Cooper was the attorney for the Plaintiffs. The frivolous lawsuit has been dismissed.

In an Court Order rarely seen in U.S. Courts around the country, Mr. Cooper's behavior was so unethical that the Judge ordered him to "comply with the Florida Rules of Civil Procedure with regard to the issuance and service thereof," of notices to all parties.

Truly unbelievable that a licensed attorney would behave in a manner that such severe court orders would have to be issued against him.


A paragraph from the Court Order:

3) Plaintiffs shall provide timely notice to all parties, including intervener Lycos, Inc., of all subpoenas, discovery notices and other pleadings served on their behalf and will comply with the Florida Rules of Civil Procedure with regard to the issuance and service thereof,


Here is the Court Order:

https://viewer.zoho.com/docs/id2Cbg




Here is Part I:
http://snipurl.com/s75n

Here is Part II:
http://snipurl.com/sne8

Here is Part III:
http://snipurl.com/syf8

Here is Part IV:
http://snipurl.com/22sdh




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Wednesday, March 26, 2008

Former CEO of publicly traded company convicted in accounting fraud scheme -failure to account for bad accounts receivable and bad customer credit

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It appears that the actions by company management to prop-up earnings by not properly accounting for bad accounts receivable and bad customer credit is considered a very serious offense - up to 25 year jail sentence.



FORMER CHIEF EXECUTIVE OFFICER OF FRIEDMAN’S INC. AND CRESCENT JEWELERS CONVICTED IN ACCOUNTING FRAUD SCHEME

http://www.usdoj.gov/usao/nye/pr/2008/2008mar25.html

"... When sentenced by United States District Judge Nina Gershon on July 9, 2008, STINN will face a maximum sentence of 25 years’ imprisonment on the most serious charge...

...A major aspect of the fraud scheme was concealing that Friedman’s was increasingly unable to collect money owed by customers who bought jewelry on credit...

...To cover up the collection problems, STINN caused Friedman’s quarterly reported credit statistics to understate the delinquency of its credit portfolio, and caused Friedman’s to report false earnings numbers..."




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Tuesday, March 25, 2008

[SLJB]: Who is Michelle Yahner and what is her involvement, if any, in the promotion of scam company SLJB?

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Details to follow





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[LBWR]: June 6, 2007 - The First "Non-Reliance on Previously Issued Financial Statements" lowering Net Income

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On June 6, 2007, Labwire, Inc. (LBWR) issued a press release advising the investment public not to rely on previously issued financial statements for the Company:

http://biz.yahoo.com/iw/070606/0262522.html

LBWR stated that

"Due to the receipt of $174,631 in late billing invoices from collection companies dating back to the third quarter of 2006, management has elected to restate their financial reporting for the quarters ended September 30, 2006 and December 31, 2006."

The net effect, according to the company, would be to reduce the Net Income for the last two quarters of 2006 by $135,761.

What Labwire, Inc. failed to mention in the press release and in the pinksheets.com financial statements filed by the Company on June 5, 2007 is that this $135,761 negative adjustment to Net Income would result in Net Income for all of 2006 for LBWR to fall from a positive $73,793 to a negative $61,968 - A VERY SIGNIFICANT DEVELOPMENT.

This is particularly important because the Company (and the message board stock promoters) had continually publicized how it was in a positive net income mode. These results, of course, assume that the first two quarters of 2006 would not be adjusted downward, since no mention was made in this June 6th press release and in the pinksheets.com filing by the company about adjusting the financial statements of the first two quarters of 2006.

Will these 2006 financial statements issued by LBWR again be adjusted downward by the Company?

Will there be another non-reliance of previously issued financial statements warning issued by LBWR later on over the same 2006 financial statements?

Keep in mind that the reason for the non-reliance and restatement is the collection of Accounts Receivable.

Did the Company fail to announce other significant downward adjustments to net income for 2006 at this point in time?

More on this later


[note: In case you wondered - yes, this June 6, 2007 press release is one of the "missing" press releases from Labwire, Inc.'s website]



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Friday, March 21, 2008

[SLJB]: Promoter Peter W. Barton (scorpio70) admits to true relationship with Mr. Petar Vucicevich, former CEO of scam company SLJB

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Take a look below at this investorshub.com message board post by promoter Peter W. Barton of Elmira, NY describing his "get-together" with Mr. Petar Vucicevich, former CEO of scam company Sulja Bros. Building Supplies, Ltd (SLJB), last year in Colchester, Canada.

Also, more detailed comments about former CEO Vucicevich by Peter W. Barton in the "comment" section below.


http://investorshub.advfn.com/boards/read_msg.asp?message_id=27820963

Posted by: scorpio70
In reply to: EarnestDD
who wrote msg# 294211
Date:3/21/2008 12:33:40 AM
Post #294230 of 294323

Too bad that PV has been caught in MANY inconsistencies and outright Fibs.

We talked at length on that crisp cloudless day, mano a mano, against the setting sun in Colchester.

He said...'There isn't anything that was untrue or unfactual about any of our pr's. I have no desire to be spending time with Bubba'. Now if you're asking me if I've ever lied before in my life, who could possibly say such a thing. Sure I have. But as it concerns you as a shareholder, know that all of our pr's are factual and true.

I said...'You do know there's people talking chit 'bout you. Do you consider yourself a Siberian thug'

He smiled and said...'lol...you're scorpio...right?

We immediately embraced each other in the fellowship that only men who've known on that primal level, the injustices that life can offer, and gazed at the moon in awe, starting to rise over the shores of Lake Erie. We shared many secrets that day. I only knew my life would never be the same again.

I returned home that night and immediately started accumulating another 9,000,300 shares.





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[SLJB][LBWR]: Promoter Thomas Yahner (partysasquatch) added to "Stock Promoter - Scam Company Matrix"

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THE MATRIX (March 21, 2008)




[note: there will be a series of blog articles on Thomas Yahner's (Parma Heights, Ohio) involvement in the promotion of scam stocks, including Sulja Bros. Building Supplies, Ltd. (SLJB)]





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Thursday, March 20, 2008

[PLNI]: Scam company Plasticon International, Inc.'s main subsidiary, Pro Mold, Inc., converted from Chapter 11 to Chapter 7 in bankruptcy

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http://siliconinvestor.advfn.com/readmsg.aspx?msgid=24424389





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Tuesday, March 18, 2008

[LBWR]: The Labwire, Inc. message board moderators

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As of March 18, 2008

Save for future reference


LBWR Investorshub.com message board:
http://investorshub.advfn.com/boards/board.asp?board_id=5262

Moderator: Creede Bighorns Assistants: rrufff, inspro, milo3 Boardmarks: 116



LBWR Silicon Investor message board:
http://siliconinvestor.advfn.com/subject.aspx?subjectid=56492

Moderated By: Creede Bighorns -- (Moderated) -- Started: 3/16/2006 5:11:44 PM Revision History





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Saturday, March 15, 2008

[LBWR]: The case of the missing Labwire, Inc. Press Releases

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1. Take a look at the Labwire, Inc. (LBWR) website:

http://www.labwire.com/


2. Find the Investor Relations section.

3. Find the listing of the links to LBWR press releases. There are several dozen listed.

4. Notice anything strange?

5. Take a good look at the large gap in press releases between January and November 2007.

6. Labwire, Inc. has purposely omitted several important press releases from its list.

7. Do some research and review the missing press releases.

8. What does it mean when a company lists dozens of its press releases on its website, but fails to included several important ones?

9. In the case of scam company Plasticon International, Inc. (PLNI), several of the missing press releases pointed out by the_worm06 in this blog were later found to be materially false and misleading once the company filed its audited financials with the SEC. The PLNI CEO, James N. Turek, was later removed from the company in any capacity by a U.S. Court based on a motion filed by the U.S. Department of Justice that showed a trail of deceit, self-dealing and fraud over several years. It is believed that he will be facing fraud indictments sometime in 2008. The biggest red flags for CEO Turek were the related party transactions (or omission of such) between Turek's privately owned companies and PLNI.

10. the_worm06 will be reviewing in detail several of the press releases that have been omitted from the LBWR website and reporting back on the matter sometime in the near future.




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Friday, March 14, 2008

[LBWR]: More than one year later - "Oops, sorry, but you can't have 95% of the $11.25 million that I said belonged to you"

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1. In the October 3, 2006 press release by Labwire, Inc. (LBWR) shown below, the company announced that it had entered into an agreement with a leading petrochemical company in the area of canine security valued at $2.25 million per year "for an initial term of 5 years". This amounts to $11.25 million in revenues for LBWR over the 5 year period.

2. Approximately 1 1/2 years later, on February 13, 2008, LBWR filed a form 10-SB with the SEC which stated, for the first time publicly, that LBWR only receives a 5% commission on the revenues of the canine security business and that the entity that receives the other 95% is owned 50% by the CEO of LBWR, Dexter Morris. What a surprise!

here is the LBWR 10-SB filed with the SEC

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and here is the language used in the SEC filing:

"Security Services. Labwire contracts with Labwire Security, Inc., which is one-half owned by Labwire’s Chairman and Chief Executive Officer, to perform security services. Labwire Security, Inc. is fully licensed with the State of Texas. "

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and

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"ITEM 7. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS AND DIRECTOR INDEPENDENCE

The Company outsources its K-9 security services to, Labwire Security, Inc., a company 50% owned by G. Dexter Morris, Labwire, Inc.’s Chairman of the Board and President. Labwire is paid a 5% commission for the K-9 security services that it refers to Labwire Security, Inc. The commissions received by the Company have been less than 1% of the Company’s gross revenues."

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3. Did Labwire, Inc. issue a false and misleading press release to the investment public with the intention of deceiving investors and stockholders that LBWR was going to receive $11.25 million in revenues under this agreement versus the actual amount, 5% of $11.25, or only $562,500 over 5 years?

4. Why did it take the company 1 1/2 years to announce that LBWR was receiving only 5% of these canine security revenues, and to compound the deception it turns out that the entity receiving 95% of these subtantial revenues is personally owned 50% by the CEO of LBWR, Dexter Morris.

5. What other material facts has the company and CEO Dexter Morris ommitted from telling its stockholders and the investor public? - For instance, are the 95% of total canine security revenues that are received by CEO Morris' other company included in the revenue section of the income statement filed with the SEC by LBWR? - more on this later.

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Here is the LBWR press release:


http://findarticles.com/p/articles/mi_pwwi/is_200610/ai_n16755952


Labwire Announces Additional Agreement With Leading Petrochemical Company Valued at up to $2.25 Million Annually

Labwire, Inc. (PINKSHEETS: LBWR), a leading provider of employee screening solutions and canine security and surveillance services, is pleased to announce that it has entered into a Blanket Services Agreement ("BSA") with a leading oil and natural gas producer, natural gas marketer, gasoline marketer, and petrochemical manufacturer (the "Petrochemical Company"). Under the terms of the BSA, Labwire will ensure site security to the Petrochemical Company's refinery, storage, and other facilities located throughout North America through the provision of: (i) day to day canine security and contraband (explosive and drug) detection services and (ii) canine and armed officer emergency and disaster response services. The BSA is valued at up to $2.25 million annually and is for an initial term of five years.

"We are extremely pleased to have been awarded this BSA with the Petrochemical Company," commented Mr. Dexter Morris, Chief Executive Officer of Labwire, Inc. "The BSA was earned by our company as a result of our experience and expertise in providing similar services to certain of Petrochemical Company's land-based facilities and to one of its oil and gas operating platforms located in the Gulf of Mexico following Hurricanes Katrina and Rita."

The Petrochemical Company operates refinery, production, storage, terminal, port, and corporate facility locations, which are covered under the BSA and for which Labwire may provide the above-described security and surveillance services. As part of the BSA, each facility determines for itself the need or desire to requisition a Labwire security team. As of the date of this release, Labwire is providing security and surveillance services to two of the Petrochemical Company's refinery and storage facilities.

About Labwire, Inc.

Labwire, Inc. is headquartered in Houston, Texas and provides secure and compliant employee drug screening and background checking services to Fortune 500 corporations via the Labwire(TM) Platform. Labwire(TM) is a proprietary, Web-based application that streamlines the complex regulatory and record management activities associated with employee screening, delivering accurate timely results while eliminating service calls and paper trails. This comprehensive solution to managing employee screening services is the most efficient and cost-effective platform in the industry. For additional information about Labwire, Inc., please visit www.labwire.com .

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.

Contact: S.D. Torrey Hills Capital, Inc. James Macdonald Investor Relations (858) 456-7300

[SLJB/LFWK]: Who is "partysasquatch" and what is his involvement in the massive Sulja Bros. Building Supplies, Ltd. fraud?

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details to follow







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Thursday, March 13, 2008

[LBWR]: American K-9 Security Bomb Search, Inc.

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Who owns American K-9 Security Bomb Search, Inc.?

Who are the Directors and Officers of American K-9 Security Bomb Search, Inc.?

What is the relationship between American K-9 Security Bomb Search, Inc. and the following:

Labwire, Inc. (LBWR)
Labwire Security, Inc.
Labwire Security Services, Inc.



details to follow





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Wednesday, March 12, 2008

[LBWR]: Promoter "Creede Bighorns" and Labwire, Inc. CEO Dexter Morris - working together to hide the truth from investors

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A week ago, the_worm06 raised the very important issue - that of Dexter Morris, the CEO of Labwire, Inc. (LBWR), using two different official names for himself in separate legal government documents, in addition to using two different corporate names for the same LBWR related entity owned 50% by him. Here is what was written by the_worm06.

You would think that the LBWR CEO would attempt to clarify the issue through the same channels that he has clarified other issues during the last two years, namely through the use of his message board representative, Promoter "Creede Bighorns". Yet the following is what Creede Bighorns had to say about this very serious discrepancy in legal government documents:

3/6/2008 9:38:19 PM
"I can't see where G for George or Security dropped off the title amounts to a hill of beans. I'm sure it's just a registration glitch, after all, the address is the same. "

3/7/2008 7:40:24 AM
"Looks to me that it's just a matter of semantics, and the DD actually just proves that Labwire is registered with the Texas Department of Public Safety"

3/7/2008 7:56:50 PM
"Spoke to Dexter today for just a minute. He says that George is his first name, and that Labwire Security was a company put together on the front end to accommodate the K9 business when first approached by Shell. He said that it's fully disclosed in the footnotes in the 10sb, and therefore nothing they are trying to hide"

[NOTE: PROMOTER "CREEDE BIGHORNS" IS A MODERATOR ON BOTH THE INVESTORSHUB.COM AND SILICON INVESTOR MESSAGE BOARDS FOR LBWR - something which allows him to conveniently delete any posted messages that are negative about LBWR, or ask simple questions about discrepancies found on LBWR - something that he actively did while promoting scam company ARUR/GCHR, which eventually dropped by about 97% in its stock price]


So what do we have here?

We have Dexter Morris, the CEO of LBWR, through his representative Creede Bighorns, failing to answer the questions as to why he used two different names for himself and for his 50% owned entity in two separate government legal documents. He admits that his first name is "George" and this is why he used "Georger Morris" in the Texas filing, but he doesn't explain why he has used a different name, "Dexter Morris" (and G. Dexter Morris), in all the press releases and in the SEC filings for LBWR.

In addition, there is no attempt to clarify which corporate name represents the real 50% owned entity, "Labwire Security, Inc." or "Labwire Security Services, Inc." - notice that promoter Creede Bighorns uses only the common part of the two names, "Labwire Security" in his quotes above.

Promoter Creede Bighorns quotes CEO Morris as saying that this is fully disclosed in the footnotes to the SEC filed 10sb, yet this is a completely false and misleading statement, because as pointed out in the_worm06 report from last week, "George Morris" and "Labwire Security Services, Inc." are nowhere to be found in the LBWR 10sb text or footnotes. Take a look again here.

What is Dexter Morris, the CEO of Labwire, Inc. (LBWR) hiding here?

Again, the_worm06 asks:

What is the official name of the corporate entity that is 50% owned by CEO Morris and is doing business with LBWR:

"Labwire Security, Inc."
or
"Labwire Security Services, Inc."




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[LBWR]: The sour smell of cooked books

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Has Labwire, Inc. (LBWR) increased its revenues and income by adding revenues of separate companies to LBWR's financial statements filed with the SEC? here are the LBWR financial statements recently filed with the SEC.

Compare the figures above with the financial statements filed by LBWR with pinsheets.com.

What do you see?


more on this later




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[PHGI]: The wonderful biodiesel feedstock press release

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Scam company Perihelion Global, Inc. (PHGI) issues a press release to announce that it purchased a significant amount of feedstock for its biodiesel plant that has not been constructed yet and that it was financed with the issuance of common stock: PHGI feedstock press release. PHGI's stock price has been trading at all time lows recently.


Yet an analysis by top cybersleuth "avdave" shows that the amount that was purchased was less than 2 days worth of feedstock: avdave's feedstock analysis.




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Monday, March 10, 2008

[PLNI]: Who is Keith Greenwald and what was his involvement in the stock promotion of scam company Plasticon International, Inc.

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It seems that Mr. Keith Greenwald of Charlotte, North Carolina was actively involved in the stock promotion of scam company PLNI and, more importantly, in the viscious attacks on any of the cybersleuths that brought out the red flags about the self-dealing and frauds going on at Plasticon International, Inc. (PLNI). This individual has gone as far as falsely accusing cybersleuths of being "convicted felons" - something for which he will be held accountable for in the near future.


details to follow



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Sunday, March 09, 2008

[PHGI]: What happened to the ONE BILLION DOLLARS in assets that Perihilion Global, Inc. claimed was moved into PHGI?

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READ THIS...............................





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Saturday, March 08, 2008

Michael J. Zwebner's UCSY's frivolous lawsuit against Dembovich, Villasenor DISMISSED

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The lawsuit was dismissed on December 3, 2007:


https://viewer.zoho.com/docs/lOaaG



the_worm06's record as of March 9, 2008 as a named defendant in libel lawsuits:

the_worm06 - 9
opponents - 0



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Lou Pearlman's Fashion Rock LLC's frivolous lawsuit against Torelli, Henderson, Villasenor et al DISMISSED

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The lawsuit was dismissed with prejudice on April 26, 2007:



The Court Order - April 26, 2007



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Stock Promoter - Scam Company MATRIX updated

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Promoter "Creede Bighorns" added:



The Matrix





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Who is "Creede Bighorns" and what is his involvement in the stock promotion of scam companies?

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details to follow





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Friday, March 07, 2008

[ARUR/GCHR]: Scam company American Resource Technologies, Inc. caught forging auditor's signature in 10-KSB opinion letter filed with SEC

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American Resource Technologies, Inc. (ARUR) is the same company as Golden Chief Resources, Inc. (GCHR). Same location, same business, same officers and same directors. Just the names and ticker symbols were changed.


The ARUR SEC filing




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Thursday, March 06, 2008

[LBWR]: New prediction on Labwire, Inc. by the_worm06

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the_worm06 predicts that Labwire, Inc. (LBWR) will be RESTATING its financial statements that were recently filed with the SEC (including the audited financials), through the filing of an "Amendment":


LBWR's SEC filing




details to follow




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Fashion Rock LLC's Lou Pearlman pleads guilty to conspiracy, money laundering and bank fraud

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Faces up to 25 year jail sentence


The Pearlman Plea Agreement





The Story:

http://www.orlandosentinel.com/news/local/crime/orl-bk-pearlman030608,0,2754957.story

OrlandoSentinel.com

Former boy-band mogul Lou Pearlman pleads guilty to conspiracy, fraud

Scott Powers and Sara K. Clarke

Sentinel Staff Writers


11:03 AM EST, March 6, 2008

Louis J. Pearlman pleaded guilty to conspiracy, money-laundering and bank fraud in federal court in Orlando this morning and acknowledged he is ready to cooperate with federal authorities trying to build cases against unnamed others involved in his schemes to defraud investors and banks.

In a deal he struck earlier this week with Assistant U.S. Attorney Roger B. Handberg, Pearlman, 53, pleaded guilty this morning before Senior U.S. District Judge G. Kendall Sharp on two counts of conspiracy, one count of money laundering and one count of making a false claim in a bankruptcy.

"I'm accepting full responsibility," Pearlman told the judge.

Pearlman faces up to 25 years in prison and more than $1 million in fines. His sentencing is set for May 21. Pearlman is seeking leniency and prosecutors are prepared to seek some sort of sentence reduction from the judge, depending on how much Pearlman cooperates.

Standing before the judge while wearing shackles on his feet and a blue 5X Orange County Corrections uniform, Pearlman spent 45 minutes answering a long list of Sharp's questions. With his answers, Pearlman acknowledged details of how he ran two major schemes to defraud investors and banks, using false promises backed by fictictious financial statements.

Pearlman spoke clearly and audibly, mostly answering "Yes, sir" to Sharp's questions in a federal courtroom filled with lawyers, media, investors and at least one of his former business partners. The pleas wrap up the latest phase in a long-running saga that federal prosecutors say involved a string of frauds against hundreds of individuals and dozens of banks.

The next phase might be harder than actually getting Pearlman behind bars – finding money for all the investors and banks who claim they lost money to Pearlman and his schemes. In the plea deal, Pearlman also promised prosecutors he would help them track down assets to pay back hundreds of millions of dollars that authorities say is missing.

However, Pearlman has maintained since his arrest that he's broke; that's one reason why his attorneys in this case are court-appointed public defenders, notably R. Fletcher Peacock, the former federal public defender for the Middle District of Florida.

In the meantime, and possibly beyond that sentencing date, Pearlman is likely to continue the life he has lived since he was plucked from a posh Indonesian resort hotel and turned over to U.S. authorities for arrest in June. Since returning to Orlando on July 10, has been held in the Orange County Jail.

Pearlman lives in isolation in an 8-foot by 16-foot cell with a toilet, a sink and bunkbeds mounted to the wall. He's allowed out of his cell for only one hour a day for hygiene and to make phone calls, and can come out for visitors or recreation. He's rarely out of his cell for more than three hours a day, according to a jail spokesman.

Pearlman's prior life was of a world-famous pop music mogul and businessman who owned airplanes and blimps, lived in a Lake Butler mansion and threw lavish, celebrity-attended parties that were the talk of Orlando. He founded the superstar boy bands Backstreet Boys and 'N Sync along with several other pop music acts.

That mansion, like much of what Pearlman previously owned, is set to be sold at auction this weekend, as his creditors try to recover some of what they claim they are owed.

Pearlman fled the country in January 2007 as tens of millions of dollars worth of lawsuits began stacking up against him in civil courts and state and federal law enforcement authorities began looking into his activities. In February, the FBI and other law enforcement agencies raided his offices and home. In March, he and his business empire were dragged into bankruptcy. By April claims against him reached $317 million. But court officials and attorneys stated they were unable to find him. He was not charged with any crimes until after his June 14 arrest.

In court this morning, Pearlman acknowledged three frauds, some for 20 years: a Ponzi scheme involving the sale of "employee investment savings accounts," a bank-fraud scam involving phony financial statements, and a plot to siphon frozen assets from a bankruptcy case.

Pearlman's answers made it clear he was not running the programs alone. However, he did not elaborate and Sharp did not ask him to identify others. Federal authorities have not disclosed whom else they suspect might be involved in the conspiracies.

Jim Leusner of the Sentinel staff contributed to this report. Scott Powers can be reached at spowers@orlandosentinel.com or 407-420-5441. Sara K. Clarke can be reached at skclarke@orlandosentinel.com or 407-420-5664.




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[LBWR]: Who owns "Labwire Security Services, Inc."?

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Who owns

Labwire Security Services, Inc.

and what is the relationship of this entity and its officers and directors with Labwire, Inc. (LBWR), the publicly traded company?

Here is some information on Labwire Security Services, Inc. from the Texas Department of Public Safety:

Texas Department of Public Safety website


As you can see there is a "George Morris" listed as an "Owner/Manager" and the address is the same as that of the publicly traded company, LBWR -

14133 MEMORIAL DR, STE 1, HOUSTON, TX 77079


Is this "George Morris" the same as "G. Dexter Morris", who is the CEO of LBWR?


As you can observe by reviewing the recently filed SEC Registration form 10-12G (includes the 10-KSB) for LBWR, there is no mention of "Labwire Security Services, Inc.":

LBWR SEC filing



There is, however, another entity mentioned that is 50% owned by G. Dexter Morris (LBWR CEO), namely "Labwire Security, Inc." and is described as doing business with LBWR, and appears to be involved in the same business as the entity mentioned above.

Are these two corporate entities the same one? - and if so, why the difference in the corporate name, particularly because the SEC filing is a combination accounting firm audited document for the years ending 2005 and 2006 and an accounting firm "reviewed" document for the nine months ending Sept 2007?


In addition, why the difference in spelling for the LBWR CEO, if it is the same person, particular in U.S. Government and Texas Government documents?

So what is it?

Labwire Security, Inc.
or
Labwire Security Services, Inc.


George Morris
or
G. Dexter Morris




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Tuesday, March 04, 2008

[LBWR]: the_worm06 initiates research on Labwire, Inc.

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Initial stock price prediction on Labwire, Inc. (LBWR) by the_worm06 is:


$0.02/share



[note: LBWR closed at $0.21/share yesterday, March 4, 2008]




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