the_worm06

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

Thursday, March 06, 2008

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

.
.
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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1 Comments:

Anonymous Anonymous said...

Just the latest scam game by Conmen out to defraud investors, it seems. Much like the Pea under the Shell Scam!! Incorporate a number of similar sounding names (the name shells REALLY fits nicely doesn't it? Coinkydink?) and then shift the assets (the Pea, as in the Investors will get peed on!) in some fashion to get the Marks money!! PERFECT ANALOGY, I'd say!!!

Seems popular these days. Turek at PLNI did it! PV and his crooked friends at SLJB did it. Hmmm, how did a slimy crook like Altomare miss such a con? Asleep at the switch, I guess. Those darn Pool Boys can keep you so busy...

5:24 AM  

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