the_worm06

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

Thursday, May 15, 2008

[LBWR]: Promoter Keith R. Greenwald ("im a survivor") uses imaginary email from NY broker-dealer to pump and hype Labwire, Inc. stock

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It appears that a promoter of a stock will do anything to pump and hype the stock price. Here we have Promoter Keith R. Greenwald ("im a survivor") posting on the Silicon Investor message board an email from an imaginary New York broker-dealer that makes glowing remarks about Labwire, Inc. (LBWR), including some substantial valuations of the company.

It appears that this "broker-dealer" has not been able to find many negative things about LBWR. A simple review of this blog would reveal substantial problems, including relationships with attorneys and investors recently charged with securities fraud by the SEC, the hiring of sleazy stock promotion firms to pump the stock, restatement of financial statements where almost $600,000 in net income and $1.0 millioin in assets disappear, the self-dealing advances of a quarter million dollars to private entities individually controlled by the CEO of LBWR and the issuance of many false and misleading press releases. It also appears that this broker-dealer has been introducing LBWR to his clients as an investment.

To the extent that the New York broker-dealer did send this email, how long before the SEC subpoenas Promoter Keith Greenwald's emails to get the identity of the broker-dealer, should inquiries begin on LBWR and its dealings with the group of individuals charged with securities fraud by the SEC - since it appears that that some of LBWR's private placements might have been done with the involvement by this group of individuals.

Having been previously caught making several false and misleading statements about LBWR that will be posted in the near future on this blog, one has to wonder how far Promoter Keith R. Greenwald ("im a survivor") of 3106 Old House Circle, Charlotte, North Carolina, 28887, will go to continue this pump and hype of the stock of LBWR. Tough to figure out.



here is the posted message:

http://siliconinvestor.advfn.com/readmsg.aspx?msgid=24591879

To: xcentral1 who wrote (859)
5/15/2008 2:23:40 PM
From: im a survivor

861 of 861

LOL...has the bashing started yet on USIS? If not, I have to assume our good samaritans will be working hard to dig up 10 year old bad news or anything at all they can find and spin in a negative manner concerning USIS and/or this new deal with LBWR.

What the good samaritans do not realize is they are working WAY TOO HARD to have anything they say be considered credible. Most looking in to LBWR can plainly see the obvious and the obvious is that the good samaritans are SO FAR OFF BASE that any idiot can see there is something very, very wrong with their agenda and opinion(s)......I have even heard from a few people that mentioned the good samaritans attacking lbwr got them interested enough to take a look at the company...and after a thorough look, they BOUGHT THE STOCK LONG!! And IMO, IF we complete the uplist and do it in the right manner, a whole new hoard of buyers will be ready to pounce...I know quite a few that either cant or wont buy a .PK, but can or will buy an .OB and many of these people are waiting and ready to buy as soon as the .OB is there. Here is a correspondence from a friend of mine in NY who works for one of the largest investment firms in the world..........I have deleted the personal info, e-address and etc...here is just part of the 'meat' of the E.

---Yes Keith, still watching lbwr and eagerly awaiting the completion of the uplist so I and several others in the firm can buy for our personal accounts. Due to it being a .pk or .ob we will not solicit the stock to our customers, however we have brought the company to many of our clients attention so that they may have ample time to look in to the company and make their own decision as to take a position or not.

I was quite pleased with all my conversations with the company. Everything has checked out just fine which I find very rare for any .PK or .OB issue. I can always find plenty of negatives on just about any .PK or .OB I look in to. However, I did not find many negatives at all after looking at LBWR. A few, but nothing current and nothing serious. In fact, it looks to be a little gem that could pay off quite well.

As you know, the possible high payoff does carry a higher risk ratio, but I think the possible payoff is well worth the possible risk after thoroughly looking in to LBWR.

I will not even begin to attempt to give a PPS prediction. From my experience the key as to where the pps/valuation will go is based on how management operates and how the company performs. Management appears to be doing a very good job and the company appears to be doing very well, although I would like to see the next filings.

I am not concerned with the stock running away. I and others, if they complete the uplist, will be happy and heavy buyers anywhere under $1. In fact, I expect to be paying far more then current price when I start buying and I am fine with that. Never good to chase a bad stock up but it's always good to buy a good stock in a confirmed uptrend with future growth looking very strong. I do think LBWR meets this criteria.

Yes, of course I am familiar with ____________. Who isn't? His antics have been a running joke on The Street for quite some time.

Here is all the information you requested on him. It appears you have done some pretty thorough homework on him as you already know quite a bit. I am more then happy to help in filling in the few missing pieces you were lacking.

Yes, I have heard the same thing. Many rumors are swirling up here as to the hammer falling hard on him. I'd prefer to not help spread rumors, but I feel fairly certain that several entities are looking closely and I do not think it is going to be a happy ending for him. The longer these entities remain silent, the more likely it is that a very strong case is being built.

If you require any more information on him do not hesitate to contact me.

Be well and know that we are all thinking of you as you battle your health issues. You have many in your corner praying for the best.

XXXX XXXXXXXXX XXXXXXXXXXXX
XXXXXX XXXXXXXX XXXXXXXXXXX XXX XXXXXX XXXXXXXXXX
XXX-XXX-XXXX>>

SOUNDS GOOD TO ME!!!!!!

But everybody need remember..and this guy is VERY SHARP.......remember what he said......no guarantees......this is high risk with possible VERY high rewards so all should act accordingly before buying. I cant help but get giddy when I know he and other big money "will be heavy buyers under $1" and that he expects to pay far more then the current PPS and will happily do so as he feels if the uplist is complete this has a chance to fly very high.....of course he could be wrong and so could I and LBWR could go under...it could also go to $5 or higher,,,,,anything is possible...zero/bankruptcy is possible as is $10 a share....If you invest in LBWR you could lose 100% of your money......you could also see one of the biggest multi-baggers ever...either is possible imo.

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1 Comments:

Blogger Unknown said...

LMAO! Keith sure has a vivid imagination!!Others would call it a Felony, I suppose. At a minimum he is one stupid fool. His PLNI losses have badly affected him I guess, like it put poor pathetic rrm_rick off the radar screen! Sad.

2:53 PM  

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