[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.
_____________________________________________
.
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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posted by the_worm06 | 3/15/2008 05:14:00 AM
3 Comments:
Interesting thread on LBWR, worm. Maybe Creede Bighorn is associated with some paid-GROUPIE-pumper outfit? Creede sure has some whoppers posted at RB-LBWR:
"""By: creedebighorns
30 Sep 2007, 01:45 PM EDT
Msg. 120 of 133
Jump to msg. #
When the share structure was put together, they quite simply designated too many shares for the officers. Dexter alone has 72MM. He knows that having that many greatly hurts the share price of the company, and he is going to fix the problem in the near future. If I had 72MM, then I sure would be willing to cut those in 1/2 in order to see the value climb more than double from doing so - it's called being smart. Of course, I don't have to argue this point with you, because I have already spoken in depth with Dexter about this, and he agrees with me.
re market cap - you do know that the market cap is only a calculation of the o/s TIMES the pps, and therefore the 2 are in direct relation?
re sandbagged news - why is it good? Your kidding, right? They are moving up, and want to make sure they have the attention of investors at the higher levels first. This is just another brilliant move out of a great CEO.
GB-ND
c
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)"""
http://ragingbull.quote.com/mboard/boards.cgi?board=LBWR&read=120
bones1420
thanks bones1420
there will be a full review i this blog of "Creede Bighorns" pumping and hyping of not only LBWR, but also scam company ARUR/GCHR. There is a reason why he is only one of few promoters that have been added to the "Stock Promoter - Scam Company Matrix".
regards,
the_worm06
Why are you not talking about the BIG ones like Bear Stearns for example?
Bear Sterns obliterated shareholders - Down from a high of $170 in Jan 07 to $2 a share today, with millions of investors wiped out!
Worse, Bear Sterns went from a close of $30 a share on Friday to only $2 today.
All the while the CEO was saying that there was no problem, publicly over and over and over.
Also Thornburg, MBIA, CITI, Countrywide, New Century, Lehman Brothers.
Will you give your thoughts and comments on all of these, please?
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