the_worm06

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

Monday, May 26, 2008

[LBWR]: Promoter Creede Bighorns ("Cris") caught in yet more false and misleading statements - cash flow positive and no issuance of shares

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Take a look at the post below by Promoter Creede Bighorns ("Cris") on the Silicon Investor message board for Labwire, Inc. (LBWR). He claims that he has talked to LBWR CEO Dexter Morris. He claims that he is representing the CEO's words on the message boards by saying "Either you believe Dexter through me, or not".

He further claims that he asked the CEO whether Labwire, Inc. has to sell shares in order to meet operating expenses.

The answer? - No, because Labwire, Inc. was cash flow positive.

The date of the posted message was April 21, 2006, which is in the middle of the 2006 Second Quarter.

A review of the financial statements filed by LBWR in pinksheets.com and the SEC shows what appears to be proof that Creede Bighorns was posting false and misleading statements about LBWR on the matters of being cash flow positive and not issuing shares for cash during this period in time.

http://snipurl.com/213iu

http://www.pinksheets.com/pink/quote/quote.jsp?symbol=lbwr


The financial statements show that Labwire, Inc. lost $500,000 in 2006 and had a negative operating cash flow for the full year. They also show that Labwire, Inc. had a negative operating cash flow for the first six months of 2006 ending June 30, 2006.

In addition, the financial statements show that LBWR issued 3.2 million common shares for $215,000 cash during the 2006 Second Quarter ending June 30, 2006 - the exact same quarter of the posted message by Creede Bighorns, in which he denied that LBWR was issuing shares.

How can this Promoter continue to make so many false and misleading statements about LBWR, particularly regarding such important matters as LBWR being cash flow positive and not issuing shares for cash, both very bullish statements.

Since Creede Bighorns has stated that CEO Dexter Morris is an honest person, then it appears that these false and misleading statements did not come from the CEO, but were fabricated by the Promoter.

All this is particularly troubling, since Promoter Creede Bighorns has now admitted to selling LBWR stock into the market at many intervals during the last two years. One has to wonder whether he was selling his LBWR shares into the market soon after making these false and misleading statements, which appeared to be very bullish for any LBWR investor.



http://siliconinvestor.advfn.com/readmsg.aspx?msgid=22380000


From: Creede Bighorns
4/21/2006 10:39:16 PM
Read Replies (1)
217 of 959

To the Forum -

I have spoken to Dexter. I'll post some of what we talked about....bearing in mind, of course, that this is all coming from management. As we all know, management can't always be trusted....but in this case, I trust Dexter completely.

He called me. He has heard of our angst through the grape vine, and feels wrongly accused. He called to set the record straight. After speaking to him, I believe the best is yet to come....but I have the advantage of actually talking to him. Perhaps the only way to really figure out where you stand is to go to the source....well, in this case, he came to me. Ever have a CEO call you? Me either. That's one of the things that really helps. Dexter is hitting this situation head on, and is very frank. He cares greatly about his shareholders, and wants us all to do very well in this stock. Here's some of the questions I posed.

1. Does Labwire have to sell shares in order to meet operating expenses?

Answer: No. We are cash flow positive....


...So, now each investor has to decide where they stand. Either you believe Dexter through me, or not. IMO, this the cross road where it is time to get out, or add. For me, I'm going to do everything I can to take a larger position in this company before it moves. I have not made one penny yet in this stock, but I'm of the belief that Dexter is going to see to it that we all do very well. I'm overloaded in LBWR, and want to take on more. I know this is not good policy most of the time, but if I want a position that will really make a difference in my portfolio, and Labwire is my super star. I always believed that it's best to put your best player out there, and see if it strikes out, or hits the homerun...................batter up!

GodBless-NoDoubt
cris

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Wednesday, May 21, 2008

Fashion Rock LLC's Lou Pearlman sentenced to 25 years in jail

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http://www.wesh.com/news/16348954/detail.html


Pearlman Sentenced To 25 Years In Scam


POSTED: 8:59 am EDT May 21, 2008
UPDATED: 9:55 am EDT May 21, 2008


ORLANDO, Fla. -- The man who created the Backstreet Boys and 'N Sync was sentenced to 25 years in prison on Wednesday in connection with a decades-long investment scam.

A judge in Orlando stated that he would trim one month from the sentence for each $1 million that Lou Pearlman returns.

Pearlman pleaded guilty in March to two counts of conspiracy, money laundering and using false statements in a bankruptcy proceeding.

Pearlman was most famous for creating "boy bands" that sold millions of records. But prosecutors said he bilked thousands of people out of untold millions in the scam.

Pearlman's attorneys tried twice to get his sentencing delayed. But federal Judge G. Kendall Sharp denied both motions.



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Tuesday, May 20, 2008

Fashion Rock LLC's Lou Pearlman's sentencing still on for Wednesday, judge says

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http://snipurl.com/29sn7


OrlandoSentinel.com

Pearlman's sentencing still on for Wednesday, judge says

Jim Leusner

Sentinel Staff Writer

May 20, 2008

A federal judge has refused to delay the sentencing of Orlando music executive Lou Pearlman, scheduled for Wednesday.

In a one-paragraph order issued Monday, Senior U.S. District Judge G. Kendall Sharp rejected a request by Pearlman's lawyers for more time to put a price tag on his crimes or to permit the music mogul to help in marketing his latest boy band, US5.

"After consideration, the Court finds that anything the Defendant has requested in his motion can be accomplished without continuing the sentencing," Sharp wrote. "Accordingly, Defendant's motion is DENIED."

Pearlman defense lawyer Fletcher Peacock sought a delay Friday so his team and prosecutors could determine the exact losses from Pearlman's investment and bank-fraud schemes during the past 25 years.

They also sought more time to review financial records turned over by the government last week.

In March, Pearlman, 53, pleaded guilty to conspiracy, money laundering-conspiracy and making a false bankruptcy claim.

Prosecutors calculate that his schemes generated more than $300 million and have requested a $200 million judgment against him.

Pearlman faces up to 25 years in prison and has promised to cooperate with prosecutors, the FBI and IRS agents in prosecutions of fellow conspirators and in helping locate and recover missing money.

Peacock would not comment on Sharp's ruling.

Earlier Monday, Assistant U.S. Attorney Roger Handberg filed an objection to Peacock's proposal, which included allowing Pearlman supervised access to a computer and telephone twice each week from the Orange County Jail to assist a court-appointed music expert who is helping bankruptcy trustees in evaluating and liquidating his assets.

Peacock also requested that Pearlman be allowed to help consult on the marketing and return of US5, a popular American band in Europe, to the United States -- a campaign with the potential of making millions of dollars for Pearlman debtors and victims.

Previous boy bands that Pearlman helped to develop, the Backstreet Boys and 'N Sync, were marketed overseas first before returning stateside to huge popularity.

Handberg wrote that he did not oppose a delay in the hearing but opposed any defense request to allow Pearlman to "conduct business while in custody."

He said jail officials also found the telephone and computer proposal to be "unworkable" and amounting to "special treatment."

"The Defendant is in jail," Handberg wrote. "He should be treated in the same manner as any other prisoner. Given that the Defendant was able to perpetrate the fraud schemes for which he has been convicted by using, among other things, the telephone and Internet, the Defendant has shown that he cannot be trusted with access to those means of communication."


Jim Leusner can be reached at jleusner@orlandosentinel.com or 407-420-5411.





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Monday, May 19, 2008

[LBWR] Labwire, Inc. Controller Randy Moseley was CFO of scam company Fronthaul Group/Conversion Solutions (CSHD)

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1. On December 4, 2007, LBWR issued a press release announcing the appointment of Randy Moseley as its Controller. It also lists Moseley as the Chief Accounting Officer of CapNet Risk and Financial Management, Inc. (CRFM), which was hired by LBWR and will be responsible for the public company accounting and finance functions for Labwire:

http://snipurl.com/29mfh

December 4, 2007 --

Labwire Engages the Financial Management Firm of CapNet
Risk and Financial Management, Inc.


HOUSTON, Dec. 4 /PRNewswire-FirstCall/ -- Labwire, Inc.
(Pink Sheets: LBWR), a leading provider of employee screening solutions and
canine security and surveillance services, announced today that it has engaged the Firm of CapNet Risk and Financial Management, Inc. (CRFM). CRFM will be responsible for the public company accounting and finance functions for Labwire and to prepare and file the necessary documentation to apply for full reporting status as an OTC Bulletin Board listing. As a part of the engagement, Labwire has appointed Marlin R. Williford Jr. as Advisory Director and Chief Financial Officer of Labwire. Mr. Williford is a thirty-year finance professional whose experience includes the Presidency of two banks and CRFM. Additionally, the Company has named Randy Moseley as its Controller. Mr. Moseley is a CPA with over twenty years of public company accounting experience and he is the Chief Accounting Officer for CRFM.


"We are pleased to announce the engagement of CapNet Risk and Financial
Management," commented Mr. Dexter Morris, Chief Executive Officer, of Labwire Inc. This is another major step in fulfilling our commitment to shareholders to become a fully reporting public company and represents another significant milestone toward increasing shareholder value."



2. A press release from another company states that Randy Moseley was CFO of The Furia Organization, Inc. during 2005 and 2006:

http://snipurl.com/29mgt


3. The March 31, 2006 Proxy Statement for The Furia Organization, Inc. shows that it changed its name to The Fronthaul Group, Inc. and further shows Randy Moseley as Chief Financial Officer at that point in time:

http://snipurl.com/29mgz


4. On July 8, 2006, The FrontHaul Group, Inc., a Delaware corporation ("FHAL"), entered into an Agreement and Plan of Merger (the "Merger Agreement") with Conversion Solutions, Inc.

The Merger Agreement included in the 8-K filed on July 11, 2006 with the SEC shows Randy Moseley signing for The Fronthaul Group, Inc. as Chief Financial Officer:

http://snipurl.com/29mi8

At this time it was widely known that Conversion Solutions, Inc. was a complete and total scam company. This can easily be seen by the bogus $843 million in Assets shown in the balance sheet included in this 8-K. Underscoring the scam label that was given to Conversion Solutions, Inc./The Fronthaul Group, Inc. were the bogus terms of the pricing of the stock in the Merger Agreement:


2.6 AVERAGE CLOSING PRICE ADJUSTMENT.

In the event that the Actual Average Closing Price is less than $15.00, the Surviving Holdings Company shall deliver written notice to the Company no later than the second (2 nd ) Business Day preceding the Closing Date pursuant to which the Surviving Holdings Company shall elect, in its sole discretion, to: (a) maintain the Average Closing Price at a price equal to the Actual Average Closing Price; (b) set the Average Closing Price at $15.00 and pay the holders of Company Shares receiving shares of Buyer's Stock as Merger Consideration (after giving effect to the allocation procedures set forth in Section 2.4 ) an amount in cash equal to $15.00 minus the Actual Average Closing Price per share of Buyer's Stock to be received by such holders of Company Shares; or (c) set the Average Closing Price at $15.00 and pay no additional consideration to the holders of Company Shares receiving shares of Buyer's Stock as Merger Consideration (after giving effect to the allocation procedures set forth in Section 2.4 ). In the event that the Buyer elects option (c) described above, the Company may terminate this Agreement by providing the Buyer written notice of termination no later than one (1) Business Day prior to the Closing Date.



Yet, Randy Moseley, the CFO, continued with the Merger of The Fronthaul Group, Inc. and Convesion Solutions, Inc. even though the whole thing was an obvious scam based on the bogus balance sheet and pricing of the deal.


5. It was not clear at the time when the Merger was closed. Several Amended 8-K's were filed regarding the Merger. Here is the last one filed on September 29, 2006:

http://snipurl.com/29mjd

This SEC filing still included the financial statements, but the bogus Total Assets were reduced slightly from $843 million to $830 million.


6. Rufus Paul Harris signed as Chief Executive Officer of Fronthaul/Conversion Solutions on September 29, 2006 in this late 10-K notice:

http://snipurl.com/29mjq


7. Randy Moseley was reappointed CFO of Fronthaul/Conversion Solutions on November 1, 2006:

http://snipurl.com/29mjz

At this point in time the Fronthaul/Conversion Solutions was known as a complete and total scam. Why did Moseley join this scam company as CFO at this time?


8. On November 14, 2006 Randy Moseley resigned again as CFO of Fronthaul/Conversion Solutions:

http://snipurl.com/29mkd


9. Two weeks later, on November 27, 2006, Randy Moseley again was appointed CFO of Fronthaul/Conversion Solutions:

http://snipurl.com/29mko

Why did Randy Moseley again rejoin the company, which was, by this time charged with Securities Fraud by the SEC?


10. There is no more record in the SEC filings as to how much longer Randy Moseley stayed with Fronthaul/Conversion Solutions.


11. Did Randy Moseley, as CFO of The Fronthaul Group, Inc./The Furia Organization, Inc., a publicly traded company, have a fiduciary responsibility towards the stockholders of the public company to do the proper due diligence on Conversion Solutions, Inc. and Rufus Paul Harris, its CEO, to make sure that it was not a fraudulent company, including the fraudulent $830 million in assets listed in the Balance Sheet and the bogus structure of the terms of the pricing of the stock in the merger transaction?


12. What does this say about the quality of the financial statements being produced by Labwire, Inc. and the due diligence being made in future acquisitions and strategic alliances that Labwire, Inc. might be involved in?








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Thursday, May 15, 2008

[SLJB]: Who is Joann Davis and what was her involvement, if any, in the massive Sulja Bros. Building Supplies, Ltd. frauds?

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details to follow





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[LBWR]: One day in the life of a Message Board Stock Promoter

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One day - 28 spam posted messages on 11 different stock message boards

Let's take a look at LBWR Promoter Creede Bighorns ("Cris"), a representative of Labwire, Inc. CEO Dexter Morris on the message boards, and how he spammed an LBWR press release and an LBWR 8-K filing with the SEC, both which occurred today.

If you read some of the posted messages you will see that this promoter goes as far as saying that the "Alliance Agreement" is a "Joint Venture", which is a false statement. He also goes as far as saying that the Agreement will result in revenues for LBWR equal to about 4 times the current level - this would mean that the Agreement would add about $20 million of revenues per year to LBWR's current level of about $5 million per year. Since Creede Bighorns is the representative of LBWR CEO Dexter Morris, it would be the same as the CEO making these statements, yet they are not included in the press release or the 8-K filed with the SEC.


Here is the LBWR press release
http://biz.yahoo.com/iw/080515/0397403.html

and here is the LbWR 8-K SEC filing:
http://snipurl.com/293c2


Ok, so here we go.

A note, we are not going to copy any posted messages from Promoter Creede Bighorns where he is carrying out a debate - we are including only those in which he has spammed the press release and 8-K, or parts of each:


from the Investorshub, Silicon Investor and Raging Bull message boards:

http://investorshub.advfn.com/boards/read_msg.asp?message_id=29315014
Labwire (LBWR) - just knocked the cover off the ball. This could triple or quadriple our current revenue

http://investorshub.advfn.com/boards/read_msg.asp?message_id=29314838
Lookie what's coming.

http://investorshub.advfn.com/boards/read_msg.asp?message_id=29315069
Labwire (LBWR) - just knocked the cover off the ball. This could triple or quadriple our current revenue.

http://investorshub.advfn.com/boards/read_msg.asp?message_id=29320239
Rob, this is way more than just another contact, this is a JV!

http://investorshub.advfn.com/boards/read_msg.asp?message_id=29320451
Labwire (LBWR) - just knocked the cover off the ball. This could triple or quadriple our current revenue. Recognize the JV partner?

http://investorshub.advfn.com/boards/read_msg.asp?message_id=29320487
Labwire (LBWR) - just knocked the cover off the ball. This could triple or quadriple our current revenue. Recognize the JV partner?

http://investorshub.advfn.com/boards/read_msg.asp?message_id=29332671
Rrufff, have you ever heard of an 8k? Wonder what this means?

http://investorshub.advfn.com/boards/read_msg.asp?message_id=29332695
You want a filing? How about an 8k?

http://investorshub.advfn.com/boards/read_msg.asp?message_id=29336021
re LBWR - and here is our first 8k ever for the proof.

http://investorshub.advfn.com/boards/read_msg.asp?message_id=29336386
Big congrats today to all Wireheads. We have made a might leap in transparency, and in growth of the company. This JV could very well lead to more of the same. Did you catch this from the PR?

http://investorshub.advfn.com/boards/read_msg.asp?message_id=29339657
Hey Jim, does LBWR deserve a hard look yet? On this day, LBWR proved it's fully filing and that it could sign a major corporation that has 7500 employees.

http://investorshub.advfn.com/boards/read_msg.asp?message_id=29339962
LBWR picked up by Knobias.

http://investorshub.advfn.com/boards/read_msg.asp?message_id=29340020
LBWR picked up by Knobias.

http://investorshub.advfn.com/boards/read_msg.asp?message_id=29340040
http://www.usis.com/products_services.aspx

http://investorshub.advfn.com/boards/read_msg.asp?message_id=29340072
Headquartered in Falls Church, Virginia, USIS is the nation's leading security and information services provider

http://investorshub.advfn.com/boards/read_msg.asp?message_id=29340153
USIS provides more than 15 million screening reports to over 30,000 commercial clients each year.

http://investorshub.advfn.com/boards/read_msg.asp?message_id=29340413
Soros, what are you doing? Huge LBWR news today.

http://investorshub.advfn.com/boards/read_msg.asp?message_id=29340852
Hey Don, how great was this day? We have waiting for this day for a long time. LBWR is fully reporting, and now has a JV partner with 7500 employees. Wow.

http://investorshub.advfn.com/boards/read_msg.asp?message_id=29340862
did you ever think you would see a pinkie file an 8k?

http://siliconinvestor.advfn.com/readmsg.aspx?msgid=24592687
You want a filing? How about an 8k?

http://siliconinvestor.advfn.com/readmsg.aspx?msgid=24593023
Not a good day to be a basher, that's for sure. Check this out at pinksheets.com. It's official.

http://siliconinvestor.advfn.com/readmsg.aspx?msgid=24593442
How about that new JV? They only have 7000 employees. :-)

http://siliconinvestor.advfn.com/readmsg.aspx?msgid=24593542
Hey crossy, think LBWR has earned a hard look? Our first 8k's ever. Please check it out.

http://siliconinvestor.advfn.com/readmsg.aspx?msgid=24593589
USIS provides more than 15 million screening reports to over 30,000 commercial clients each year.

http://siliconinvestor.advfn.com/readmsg.aspx?msgid=24593592
With a comprehensive suite of screening products and risk mitigation solutions, USIS can customize a package that

http://siliconinvestor.advfn.com/readmsg.aspx?msgid=24593598
LBWR picked up by Knobias.

http://ragingbull.quote.com/mboard/boards.cgi?board=LBWR&read=222
Better yet, how about today's 8k?

http://ragingbull.quote.com/mboard/boards.cgi?board=LBWR&read=231
did you see that Knobias picked up LBWR today? Nice.




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[LBWR]: Promoter Paul S. Davis ("rrufff") gives investment advice to purchase Labwire, Inc. shares in the market

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You might remember how Promoter Paul S. Davis ("rrufff") of Warren, Michigan was involved in the pumping and hyping of scam companies SLJB, PHGI and ARUR/GCHC (please review entries in blog). It turns out that most investors that listened to him on these stocks lost about 95% of their investment.

Mr. Davis spent most of his time attacking the cybersleuths, including the_worm06, that brought up the red flags on these three scam companies and blaming the "evil naked short sellers and hedge funds" for the downward spiral that these stocks exhibited. To the surprise of most investors in some of these stocks, it turns out that Mr. Davis was actually selling his holdings into the market while pumping and hyping the stocks - later claiming that the amount he made on these stocks was well into the six figures.

Promoter Paul S. Davis ("rrufff") was selected as one of the few promoters in the "Stock Promoter - Scam Company Matrix" by the_worm06:

http://snipurl.com/2922y


Now this promoter is giving investment advice to buy the stock of Labwire, Inc. ("LBWR"), urging investors to buy the stock before the stock price increases substantially upon an uplisting to the OTC Bulletin Board:


http://investorshub.advfn.com/boards/read_msg.asp?message_id=28564376

Posted by: rrufff
In reply to: mtkmike

who wrote msg# 1449
Date:4/17/2008 7:16:59 AM
Post #2901 of 3707

LBWR .12 x .16 - as volume dries up, tiny float and wide spread, puts it at bottom of trading range. Good time to pick up a few shares before it makes the leap from pinkies to OTC BB.




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[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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Wednesday, May 14, 2008

[LBWR]: CEO Dexter Morris' representative states that Labwire, Inc.'s Securities Counsel, David B. Stocker, continued from 2005 until mid-2007

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Promoter Creede Bighorns ("Cris"), a representative of LBWR CEO Dexter Morris, reported on the message boards that LBWR Securities Counsel, David B. Stocker, continued as the company's Securities Counsel until mid-2007.

Some background on attorney David B. Stocker is shown in the link below, including the June and November 2007 complaints filed by the SEC charging him and several co-conspirators with securities fraud in the illegal sale of un-registered securities. Coincidentally, LBWR was involved with several private placements during 2005-7. Since Stocker continued as LBWR's Securities Counsel during this period of time, does this mean that he was also involved in the private placements of the Company for the period 2005-7?


http://snipurl.com/28vfw




Here is Promoter Creede Bighorns' report from his convesation with LBWR CEO Dexter Morris:

http://siliconinvestor.advfn.com/readmsg.aspx?msgid=24586149

To: rrufff who wrote (624)
5/13/2008 8:29:59 PM
From: Creede Bighorns

1 Recommendation Read Replies (1)
845 of 851

Hey rrufff,

I was asked to called Dexter today, so I did. Here's the bullet points.

re David Stocker - When I questioned Dexter about David Stocker, and the allegations against him, Dexter's reply was as follows: "David did a great job for us, and I have nothing negative to say about him.". He then went on to say that actually David has not filed anything for Labwire or Dexter in about 3 years. I then asked him when he was released as Labwire's attorney, and he said that actually David called one day in the middle of last year and simply resigned. David cited health reasons for his retirement.....





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[PHGI]: Summaries of May 13, 2008 Perihelion Global, Inc. Conference Call

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http://investorshub.advfn.com/boards/read_msg.asp?message_id=29272638


http://investorshub.advfn.com/boards/read_msg.asp?message_id=29282884






_______________________________________

Tuesday, May 13, 2008

[LBWR]: the_worm06 lowers stock price predictioin on Labwire, Inc.

.
.
the_worm06 lowers its stock price prediction on Labwire, Inc. (LBWR) from $0.02/share made on March 4, 2008 to:



$0.005/share




Here is the initial stock price predictioin made by the_worm06 two months ago:


http://snipurl.com/28rii




[note: LBWR closed at $0.21/share when the initial predictoin was made, March 4, 2008]





______________________________________________

[LBWR]: Third False and Misleading Press issued by Labwire, Inc.

.
It just doesn't stop.

Previously we had pointed out two false and misleading press releases issued by Labwire, Inc. (LBWR) and now it turns out that there is a third false and misleading press release.

Here is the first LBWR false and misleading press release pointed out in this blog:

http://snipurl.com/289c2


and here is the second LBWR false and misleading press release:

http://snipurl.com/289c7


Please review the December 21, 2005 LBWR press release below titled: "Labwire Reports Strong Revenue Growth in Third Quarter 2005".

In this press release Labwire, Inc stated:

"Labwire attributes the significant increase in year-to-date revenue to its ability to extend and fulfill existing contracts with large Fortune 500 corporations as well as an expansion of services into the canine surveillance and security field."

and

"“Management is very pleased with the Company’s third quarter financial results. The increase in revenue is due to the expansion of our canine surveillance services in the petrochemical industry and renewed contracts by some of our large clients."

The phrases above stated specifically that one of the reasons for the increased revenue in the Thrid Quarter of 2005 is due to the expansion of the canine surveillance servives and security field.

There is only one problem.

In a March 20, 2007 press release regarding results for 2006 and 2005, Labwire, Inc. specifically stated that the canine security and surveillance business segment of the company had generated ZERO REVENUE in 2005. The same was stated for "Management Services" - ZERO REVENUE in 2005. Here is the press release:

http://snipurl.com/march20_2007


It really is hard to understand why Labwire, Inc. continued to issue false and misleading press releases discussing revenues in 2005 that never existed or were never reported.

How can there not be revenues in 2005 for this business segment? - The December 21, 2005 press release and comments by LBWR's CEO seemed so sincere and real. What can possibly have happened?




The Third False and Misleading Labwire, Inc. Press Release:


December 21, 2005 - Labwire Reports Strong Revenue Growth in Third Quarter 2005


HOUSTON, TX – December 21, 2005 – Labwire Inc. (OTC: LBWR), today announced its financial results for the quarter ended September 30, 2005, reporting revenue of $695,137 which represents a 19.5% increase over the previous quarter ended June 30, 2005. Labwire was profitable for the third quarter, recording net income of $35,872, or 5% of total revenue for the quarter.

For the first nine months of 2005, the Company posted record revenues of $1,729,261. Labwire became a publicly traded company in October 2004. This year marks the first full year of reported financial statements for the Company. Labwire attributes the significant increase in year-to-date revenue to its ability to extend and fulfill existing contracts with large Fortune 500 corporations as well as an expansion of services into the canine surveillance and security field.

Dexter Morris, President of Labwire, commented, “Management is very pleased with the Company’s third quarter financial results. The increase in revenue is due to the expansion of our canine surveillance services in the petrochemical industry and renewed contracts by some of our large clients. Additionally, in the third quarter, we signed our first client in commercial trucking which is an industry that represents a potentially large market for our employee screening services. Labwire expects to sustain steady revenue growth going forward by developing and implementing sound business strategies with the assistance of our newly formed advisory board.”

Labwire’s complete financial results for the third quarter are available at www.pinksheets.com.

About Labwire

Labwire Inc., Headquartered in Houston, TX, provides secure and compliant employee drug screening and background checking services to Fortune 500 corporations. The Company offers a comprehensive set of solutions to manage all aspects of employee screening services including drug testing program development and policy analysis, medical review services, supervisor training and secure real-time online data management via the Labwire™ Platform.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.


Contact:
Investors & Public Relations
Marlin R. Williford Jr.
email: mwilliford@capnetrisk.com
phone: (832) 487-7803




______________________________________________

Saturday, May 10, 2008

[LBWR]: Promoter Creede Bighorns ("Cris") attempts to justify that 5% of the revenues of a business is better than owning 100% of the business

.
1. First read up on how Labwire, Inc. issued false and misleading press releases on the K-9 buiness, here: http://snipurl.com/289c2 and here: http://snipurl.com/289c7

2. As a reminder, in recent SEC filngs LBWR finally admitted that LBWR never really owned the K-9 business, and specifically, that it only received a 5% commission on Revenues for introduction of business to a private company that operates the K-9 business.

3. LBWR also admitted in the recent SEC filing that the private K-9 company was actually 50% owned individually by the CEO of LBWR, Dexter Morris, aka G. Dexter Morris, aka George Dexter Morris, aka George Morris.

4. Labwire, Inc. and the message board Promoters such as Creede Bighorns have previously pumped the stock by stating that its businesses have 20%-30% margins.

5. Now read this post by Promoter Creede Bighorns where he attempts to justify that 5% of the Revenues from a private K-9 company is better than owning 100% of the K-9 business:

http://investorshub.advfn.com/boards/read_msg.asp?message_id=29192686

6. So what do we have here?

7. We have LBWR that spends management time in sales and marketing to bring in K-9 business that it refers to a private company that is 50% owned by the CEO of LBWR personally. LBWR doesn't own any of the private company. It also appears that the private K-9 company and its management is based at LBWR's headquarters.

8. In addition, according to the pinksheets filings by LBWR (http://snipurl.com/289di), and this is something that Promoter Creede Bighorns fails to mention, we also have that LBWR advanced about $250,000 to the private K-9 company to cover its overhead.

9. If we look only at one of the K-9 contracts that LBWR claimed to have signed with a big company, the $11.25 million contract (http://snipurl.com/289c2), the income that would result for 100% ownership at 30% margins would be about $3.4 million. However, Creede claims that it would be better for LBWR to only receive 5% of the gross revenues, about $0.56 million while paying for sales and marketing to bring in new business and while advancing about $250,000 to the private K-9 company.

10. Something is not right here in Promoter Creede Bighorns attempt to justify that $0.56 million (less sales and marketing expenses and amounts advanced to the private company for overhead) is better than $3.4 million for the LBWR stockholders - and this is just one of the many K-9 contracts that LBWR has claimed it has signed.

11. Is Promoter Creede Bighorns worried that start-up expenses would be too high for LBWR to own 100% of the K-9 business?....well, guess what - LBWR has advanced the start-up expenses, about $250,000, to the private K-9 business that it doesn't own.

12. What is wrong with this picture?

13. What ever happened to the $250,000 that was advanced by LBWR to the private K-9 business that it doesn't own? - Shouldn't LBWR stockhoders be concerned about whether this money was ever paid back to LBWR, particularly when the private K-9 company that received the funds is individually 50% owned by the CEO of LBWR, Dexter Morris? This, of course, is the subject of an upcoming blog entry by the_worm06.





_______________________________________________

[LBWR]: Labwire, Inc. Securities Counsel David B. Stocker and several LBWR Reg D Rule 504 investors charged with Securities Fraud by the SEC

.

1. In a form 15c2-11 filed with pinksheets.com by Labwire, Inc. (LBWR), the company listed Arizona attorney David B. Stocker as its Securities Counsel:

http://snipurl.com/ff26l

.

2. In addition, the LBWR form 15c2-11 includes an opinion letter written by Mr. Stocker stating that 1.8 million shares of LBWR stock issued under Reg. D Rule 504 would be exempt from the SEC registration requirements and therefore can be freely trading.

.

3. In the same LBWR form 15c2-11, Labwire, Inc. states that Mr. Stocker "does not own any shares of the issuer".

.

4. The form 15c2-11 also includes an Exhibit "A", which lists the purchasers of the 1.8 million LBWR shares.

.

5. Among the fourteen "purchasers" listed in Exhibit "A" are:

Curtis-Case, Inc. - 250,000 shares

Page Properties, LP - 250,000 shares

Jumpstart Capital, Inc. - 50,000 shares

Janan Page - 100,000 shares

Trevor Page - 100,000 shares

Martin Cantu - 100,000 shares

.

6. The Securities Exchange Commission charged certain individuals and entities with Securities Fraud in the sale of unregistered securities in Litigation Release No. 20302 dated September 27, 2007: http://www.sec.gov/litigation/litreleases/2007/lr20302.htm

.

7. Among the defendants in the SEC securities fraud litigation release mentioned in the above paragraph are:

- David B. Stocker, LBWR's Securities Counsel mentioned in paragraphs 1, 2 and 3 above.

- Page Properties, LP, an LBWR Rule 504 purchaser mentioned in paragraph 5 above.

- Curtis-Case, Inc., an LBWR Rule 504 purchaser mentioned in paragraph 5 above.

.

8. According to the SEC Litigation Release, Page Properties, LP is controlled by Timothy T. Page, another Defendant in the SEC securities fraud case.

.

9. Janan Page, an LBWR Rule 504 purchaser mentioned in paragraph 5 above, is listed as Timothy T. Page's spouse in the following SEC filing: http://www.secinfo.com/d1ztfh.212.htm

.

10. It is believed that Trevor Page, an LBWR Rule 504 purchaser mentioned in paragraph 5 above, is related to Timothy T. Page and/or Janan Page.

.

11. Jumpstart Capital, Inc., an LBWR Rule 504 purchaser mentioned in paragraph 5 above, was controlled by Phillip W. Offill, Jr, another Defendant in the SEC securities fraud case: http://snipurl.com/286vn

.

12. Martin Cantu, an LBWR Rule 504 purchaser mentioned in paragraph 5 above, is listed as a significant stockholder and Director of a company that is controlled by Timothy T. Page, Lion Capital Holdings, Inc.: http://www.secinfo.com/d12PKm.v37.htm

.

13. According to the SEC Litigation Release, Curtis-Case, Inc., an LBWR Rule 504 purchaser mentioned in paragraph 5 above and a defendant in the SEC Securities Fraud case is controlled by LBWR Securities Counsel David B. Stocker. As discussed in the paragraph 3 above, the LBWR form 15c2-11 had specifically stated that Mr. Stocker "does not own any shares of the issuer", which seems to contradict the information stated in the SEC Litigation Release discussed above.

.

14. Martin Cantu, LBWR's significant stockholder mentioned above is further discussed in this article by award winning journalist Carol S. Remond, in a Dow Jones Newswires Column:

http://snipurl.com/286qz

.

15. In a separate action, the SEC charged LBWR's Securities Counsel David B. Stocker with assisting in an illegal "pump and dump" scheme: http://www.sec.gov/litigation/litreleases/2007/lr20154.htm

.

16. What does all of the above say about the quality of management of Labwire, Inc.?

.

.

.

.

_______________________________________



Friday, May 09, 2008

[LBWR]: Promoter Creede Bighorns ("Cris") emphasizes that he is a representative of Dexter Morris, CEO of Labwire, Inc. on the message boards

.

from the Silicon Investor message boards:


From: Creede Bighorns
4/21/2006 10:39:16 PM
217 of 662

To the Forum -

I have spoken to Dexter. I'll post some of what we talked about....bearing in mind, of course, that this is all coming from management. As we all know, management can't always be trusted....but in this case, I trust Dexter completely...

...Either you believe Dexter through me, or not....





__________________________________________________

Thursday, May 08, 2008

[LBWR]: Oops, more red flags - Labwire, Inc. pays 1,000,000 shares to stock promotion website babybulls.com

.
At this point you have to wonder why promoter Creede Bighorns ("Cris") has been saying all along that Labwire, Inc. (LBWR) is not involved in the promotion of its stock. The 1,000,000 shares paid by LBWR to babybulls.com have been worth as much as $250,000 during the last year or so.

http://www.babybulls.com/disclaimer.htm

Disclaimer....


Compensation Disclosure

This Website, www.babybulls.com, is provided by BabyBulls.com to provide readers with information on selected publicly traded companies. Factual information is obtained from public filings and other sources deemed to be reliable; however, BabyBulls.com takes no responsibility for verifying the accuracy of such information and makes no representation that such information is accurate or complete. Certain of the statements in this Website may be considered forwarded looking statements. BabyBulls.com makes no representation and provides no assurance or guaranty that such forward looking statements will prove to be accurate. Statements of opinion and belief are those of the authors and/or editors of this Website, and are based solely upon the information possessed by such authors and/or editors; no inference should be drawn that such authors or editors have any special or greater knowledge about the companies profiled or any particular expertise in the industries or markets in which the profiled companies compete. The reader should verify all claims and complete his or her own due diligence before investing in any securities of profiled companies. BabyBulls.com has been retained to provide investor relations services for some of the companies profiled in this Website and receives compensation for those services. Further, BabyBulls.com and its employees and affiliates may own, or may purchase and sell, securities of the companies profiled. BabyBulls.com undertakes no obligation to inform readers about the ownership or trading activities of it or its employees or affiliates in the securities of the profiled companies. BabyBulls.com has the following compensation arrangements with the companies profiled in this Website: International Monetary Systems sixty eight thousand shares of common stock and thirty thousand shares of restricted stock; SoftNet Technologies thirty five thousand dollars and one hundred and fifty thousand shares of common stock...Labwire one million shares restricted stock...Neither BabyBulls.com nor anyone involved in the publication of this Website is a registered investment adviser or broker/dealer. BabyBulls.com makes no recommendation that the purchase of securities of companies profiled in this Website is suitable or advisable for any person or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. An investor in such securities should be prepared and able to bear a loss of his or her entire investment. Nothing in this Website should be construed as an offer or solicitation to buy or sell any securities of any profiled company.




_________________________________________

[LBWR]: Methodist Hospital of Memphis and part-time employee Creede Bighorns ("Cris"), message board stock promoter

.
Does the Methodist Hospital of Memphis know that its part-time employee Creede Bighorns ("Cris") has been using its assets to pump and hype stocks on the Internet for personal gain?

Is this being done while he is being paid for working at the Hospital, or does he use the Hospital's assets during his non-employment hours?

Are there restrictions on employees using Hospital assets for personal gain?

Would this be considered theft of services?

the_worm06 doesn't believe this to be the case here, but what if there is some type of financial arrangement between Labwire, Inc. (LBWR) and Methodist Hospital of Memphis, whereby the Hospital is involved in assisting LBWR with the analysis of its drug/alcohol testing?

In the event LBWR and promoter Creede Bighorns get investigated by the SEC or the U.S. Attorneys Office for promoting false and misleading statements on the Internet, would Creede Bighorn's employer, Methodist Hospital of Memphis, be added to the investigation - or would the Hospital just simply receive subpoenas from the government agencies to turn over information recorded in their computer servers?





__________________________________________________

[LBWR]: Yet another red flag - Labwire, Inc. pays for CEO interview in promotional website

.
THE PRESS RELEASE:

http://biz.yahoo.com/prnews/080508/lath044.html?.v=101&printer=1

Press Release Source: Anglo Swiss Resources, Inc.; Labwire, Inc.

Featured Stocks on Today's Edition of WallSt.net's 3-Minute Press Show: DTCT, FMNJ, ASWRF, LBWR

Thursday May 8, 7:00 am ET

NEW YORK, May 8 /PRNewswire-FirstCall/ -- WallSt.net's 3-Minute Press Show is a daily video program hosted by WallSt.net reporter, Tracee Tolentino.

Shows air Monday through Friday on:
http://tv.wallst.net/3-min-press/3-min-press.php.

WallSt.net's 3-Minute Press Show features in-depth interviews with public company executives on their company and most recent press releases. The show is designed to provide viewers with insight into a company's most recent press release, and its impact on the company's growth.

The following executives were interviewed on today's show:
-- Robert Rudman, Chief Financial Officer for Diatect International Corp.
(OTCBB: DTCT - News; http://www.diatect.com)
-- William Petty, Chairman and CEO of Franklin Mining, Inc.
(Pink Sheets: FMNJ - News; http://www.franklinmining.com)
-- Len Danard, President and CEO of Anglo Swiss Resources, Inc.
(OTCBB: ASWRF - News; http://www.anglo-swiss.com)
-- Dexter Morris, CEO of Labwire, Inc.
(Pink Sheets: LBWR - News; http://www.labwire.com)

About WallStreet Direct, Inc.

WallStreet Direct, Inc. a wholly-owned subsidiary of Financial Media Group, Inc., owns and operates WallSt.net (http://www.wallst.net), a leading source of up-to-the-minute business news, comprehensive financial tools and original multimedia content for the investment community. In addition to WallSt.net, WallStreet Direct owns and operates WallStRadio (http://radio.wallst.net) an online hub for business podcasts from well-known business news personalities and publishers; and WallSt TV (http://tv.wallst.net), a hub for original and syndicated business and finance videos. We have received two thousand five hundred dollars from Diatect International Corp. for media and advertising services. We have received one thousand four hundred eighty five dollars from Franklin Mining, Inc. for press release dissemination services. We have received four hundred ninety five dollars from Labwire, Inc. for the dissemination of this press release. We have received four hundred ninety five dollars from Anglo Swiss Resources, Inc. for the dissemination of this press release. To read our full disclaimer, and for a complete list of our advertisers, and advertising relationships, visit
http://www.wallst.net/disclaimer/disclaimer.php.


===============

FROM THE DISCLAIMER:

http://www.wallst.net/disclaimer/disclaimer.php

"...WallStreet Direct, Inc.’s affiliates, officers, directors and employees may have also bought or may buy shares of companies mentioned herein and may profit in the event those shares rise in value. WallStreet Direct, Inc. will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make their own decision based on his or her judgment of the market..."

"...Furthermore, our associates and/or employees and/or principals may have stock positions in advertised companies purchased in the open market or in private transactions. These positions may be liquidated, without prior notification, even after we have made positive comments regarding the advertised company..."

"...Digital Wall Street, Inc. intends to sell its shares. Digital Wall Street, Inc. may sell its shares for less than target prices given in opinions. Digital Wall Street, Inc.'s affiliates, officers, directors and employees may have also bought or may buy the shares discussed in this report and may profit in the event those shares rise in value. Digital Wall Street, Inc. will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market. If you have any questions you can call us direct at 800-4-WALL-ST..."



__________________________________________________

Wednesday, May 07, 2008

[LBWR]: Prediction on restatement of SEC financial statements by Labwire, Inc.

.
the_worm06 continues the initial prediction of restatement of financial statements by Labwire, Inc. that have been filed with the SEC.

here is the initial prediction of March 6, 2008:


http://snipurl.com/prediction




_______________________________________________

Tuesday, May 06, 2008

[LBWR]: In heavy volume, Labwire, Inc. stock trades at new 52-week low - 8.0 cents/share

.
Today, the bid dropped as low as 5.5 cents/share as 127,000 LBWR shares traded at prices between 8.0 cents/share and 8.6 cents/share, all below the previous 52-week low of 9.0 cents/share.

LABWIRE INC - Nasdaq National Market: LBWR

Total Trade Volume for day = 327,744 shares
VWAP = $0.0906/share

Time & Sales most recent next page

Rec. Time Action Price Volume
3:51:58 PM Trade 0.135 500
3:51:58 PM Trade 0.14 500
3:40:22 PM Trade 0.08 8000
3:39:58 PM Trade 0.08 10000
3:39:26 PM Trade 0.08 10000
2:02:08 PM Trade 0.099 5000
2:01:52 PM Trade 0.1 5000
2:01:00 PM Trade 0.099 5000
2:00:34 PM Trade 0.1 5000
1:54:18 PM Trade 0.09 6000
1:36:28 PM Trade 0.09 3000
1:02:10 PM Trade 0.085 20000
1:02:08 PM Trade 0.086 50000
12:32:00 PM Trade 0.085 19000
12:11:46 PM Trade 0.085 10000

12:04:36 PM Trade 0.1 4000
11:50:42 AM Trade 0.1 892
11:50:40 AM Trade 0.1 9110
11:26:42 AM Trade 0.0905 5000
10:39:38 AM Trade 0.1 2530
10:35:44 AM Trade 0.1 9025

most recent next page
8:39:47 PM EDT - Tuesday, May 6, 2008 - data is delayed 20 minutes



_______________________________________________

[LBWR]: Promoter Michelle Yahner ("partysasquatch") begins the legal threats

.
It seems that Promoter Michelle Yahner ("partysasquatch") of 6410 Olde York Rd, Parma Heights, Ohio is now suggesting that her co-Promoter Creede Bighorns ("Cris") should begin legal action since it has been brought to the attention on the Internet that Creede Bighorns has been using his employer's assets to promote the stock of Labwire, Inc. (LBWR) on the Internet.

One has to wonder how the Methodist Hospital of Memphis is going to react to this. You would think that the Hospital would have strict guidelines regarding the use of its assets to promote what is turning out to be a potential scam stock. After all, is it possible that the Hospital is now liable to the extent Creede Bighorns is investigated by the SEC or the U.S. Attorneys Office for his promotional activities? How would the Methodist Hospital of Memphis react to subpoenas for inspection of its servers regarding the stock promotional efforts of promoters for LBWR?

What was Promoter Michelle Yahner thinking when she began with the legal threats?


http://investorshub.advfn.com/boards/read_msg.asp?message_id=29058529

Posted by: partysasquatch
In reply to: sandintheshorts

who wrote msg# 5524
Date:5/6/2008 9:55:17 AM
Post #5525 of 5528

My opinion is that Creede should go to Human Resources at work and inform them that he has attracted a cyberstalker. He should then inform Lycos about the posts on the worms blog and contact several other cyberstalker sites.

Upon completion, he should consult a lawyer and see what recourse he has and what recourse he can use if his work is contacted.

I think you are involved in this cyberstalking game and you should reconsider helping someone who posts private infomation about non-public individuals and claims that company property is used for non-work purposes.

Consult a lawyer for a full opinion of where you really stand in aiding this cyberstalker because first amendment does not apply to what he is doing to individual posters.

Do you understand my advice?

Party





__________________________________________

Monday, May 05, 2008

[LBWR]: Labwire, Inc. caught issuing yet another false and misleading press release

.
You might remember that this blog pointed out the October 3, 2006 false and misleading press release issued by Labwire, Inc. (LBWR) - click here.

Now, it turns out that LBWR has been caught issuing yet another false and misleading press release. This time about its revenues that appear to be missing.

1. On July 25, 2005 LBWR issued a press release titled:

Labwire Subsidiary Begins Providing Security Services at Norco Refineries
Canine Surveillance Units Deployed for Bomb Detection at Oil and Gas Facilities
http://snipurl.com/july25_2005


2. In the press release discussed in paragraph #1 above LBWR implied that it has begun work and was fully involved in on-site security services since the middle of 2005, thereby implying revenues from this company business segment for 2005:

"Labwire Inc. (Pink Sheets:LBWR) announces that the Company's wholly owned subsidiary, Workplace Screening Services, has begun providing security services to the chemical facilities and oil and gas refineries in Norco, Louisiana, consisting of canine bomb detection and canine surveillance. The first canine team was successfully deployed on June 1, 2005..."

and

"Labwire is currently working with four of the five facilities in Norco through a contract with one of the world's largest oil, gas and chemical companies."


3. Therefore, it would be expected that LBWR generated revenues in this particular business segment during the year 2005, particularly with the strong wording in the press release described above.

4. However, in a March 20, 2007 press release regarding results for 2006 and 2005, Labwire, Inc. specifically stated that the canine security and surveillance business segment of the company had generated ZERO REVENUE in 2005. The same was stated for "Management Services" - ZERO REVENUE in 2005. Here is the press release:

http://snipurl.com/march20_2007


5. What happened to the 2005 revenues?...poof...gone...missing.

6. The question should be: Did the false and misleading July 25, 2005 press release artificially inflate the stock prices of LBWR and did the company issue common shares at the artificially inflated stock prices to investors in private placements effected after the date of this press release during 2005 and 2006?

7. How can there not be revenues in 2005 for this business segment? - The July 25, 2005 press release and comments by LBWR's CEO seemed so sincere and real. What can possibly have happened?




_________________________________________________

[LBWR]: Could it be?

.
1. Could it be that Promoter Creede Bighorns ("Cris"), the 37 year old part-time employee of Methodist Hospital of Memphis, was selling LBWR shares into the market soon after he pumped and hyped the stock with predictions of prices greater than $1.00/share?

2. Could it be that Promoter Creede Bighorns ("Cris"), the 37 year old part-time employee of Methodist Hospital of Memphis, was selling LBWR shares into the market soon after he pumped and hyped the stock with predictions of prices greater than $3.00/share?

3. Could it be that Promoter Creede Bighorns ("Cris"), the 37 year old part-time employee of Methodist Hospital of Memphis, was selling LBWR shares into the market soon after he pumped and hyped the stock by providing investment advice to investors to "Put all your family, friends, associates, coworkers, and kids in LBWR..."?

4. Could it be that Promoter Creede Bighorns has stated that he intends to sell LBWR shares into the market as soon as the stock price reaches the 20 to 30 cent/share range, much lower than his "greater than $3.00/share predictions", even though he has been pumping and hyping the stock in dozens of message boards?


Could it be?


(details to follow)



__________________________________________________

[LBWR]: Promoter Creede Bighorns caught pumping and hyping Labwire, Inc. stock in Religious website

.
Yes, it has gotten to that point in the life of promoting a stock.

Time for the Religious message boards.

The "Prosperity for God's People Forum", to be exact.

Now we have seen everything from this promoter. In a frenzied attempt to pump and hype LBWR stock, promoter Creede Bighorns ("Cris") visits the Religious message boards and, to top it off, predicts that the stock will be trading much higher than $3.00/share. It is trading at about 11 cents/share currently.


here is the promoter's post on the website for "Prosperity for God's People Forum":

http://forums.christiantraders.com/viewthread.php?tid=6298

Creede Bighorns
Family Member
Posts: 5 Registered: 3/20/06

Location: Memphis, Tn
Member Is Offline
Mood: Too blessed to be depressed!
posted on 3/24/06 at 01:01

"...The CEO of LBWR is Dexter Morris, and he is a prayer group member with Jon Ginder. Dexter is one heck of a guy, and has a just assembled one great company. He has 23+ years of experince in the industry. This stock is totally undiscovered and 100% transparent. The CEO of NNYG predicted this stock will be trading at 2.00-3.00 on profits alone. I think the intrinsic value will push it much higher..."




_____________________________________________

[LBWR]: Save this post by promoter Michelle Yahner for future reference

.
It appears that Promoter Michelle Yahner ("partysasquatch") of Parma Heights, Ohio has come back on the message boards to attack the_worm06.

Save this post by the promoter, for the_worm06 will be referring to it in the near future:

http://investorshub.advfn.com/boards/read_msg.asp?message_id=29025229

Posted by: partysasquatch
In reply to: sandintheshorts

who wrote msg# 5480
Date:5/5/2008 8:52:14 AM
Post #5481 of 5497

What you do not understand is that the condition described by the worm is not only impossible but not substantiated by the outside sources in credit reporting.

First! No ivy league accountant would subtract 500k from the revenue and the profit. Absolutely ridiculous. What happened to the money paid to the K-9 from Labwire? Shouldn't that be subtracted too, lol!

By the way the PCAOB was created after 2002 to teach accounting firms how to account for Sarbanes-Oxley law. Every firm in the world had inconsistencies while learning how to audit these new conditions.

Incredibly ridiculous claim by the worm, just like the 105% that could not be substantiated by the numbers. In fact, a simple calculator showed the worm's claim was wrong.

Party





__________________________________________

[LBWR]: Promoter Creede Bighorns ("Cris") predicts $1.00/share or more stock price for LBWR in near future

.
.
Pay attention at the pumping and hyping of Labwire, Inc. (LBWR) stock by Promoter Creede Bighorns as he now predicts a stock price of $1.00/share or more in the near future. The LBWR stock price is currently at the 11 cent/share level, so this promoter is predicting an approximate 10 to 1 mulitple in the near future for the stock price.

One has to wonder whether this promoter has been selling LBWR stock into the market while making these lofty stock price predictions in his pump and hype posted messages - more on this later.


http://investorshub.advfn.com/boards/read_msg.asp?message_id=28244405

Posted by: Creede Bighorns
In reply to: 2dabank who wrote msg# 5054
Date:4/6/2008 11:17:48 AM
Post #5133 of 5494

...We think $1 or more is likely in the near future...



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[LBWR]: Methodist Hospital of Memphis - are its computers being used to promote the stock of Labwire, Inc.?

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details to follow





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Sunday, May 04, 2008

[LBWR]:New Labwire, Inc. auditing firm, Moore & Associates, caught with serious deficiencies in client audits by the PCAOB

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It appears that Labwire, Inc.'s (LBWR) new auditing firm has had its problems with the auditing process of clients in the past, according to the Public Company Accounting Oversight Board (PCAOB), the entity involved in overseeing public accounting firms.

From the Inspection Report by the PCAOB below it appears that Moore & Associates was seriously deficient in two of its three public company client audits. In fact, the auditing firm, which consisted of only one office, one partner and one other professional at the time, was forced to reissue their opinions on two of the three clients that they had audited.

Click here for the PCAOB Report on Moore & Associates


and here is some of the text from the PCAOB Report:


"The inspection team identified matters that it considered to be audit
deficiencies. The deficiencies identified in both of the audits reviewed included deficiencies of such significance that it appeared to the inspection team that the Firm did not obtain sufficient competent evidential matter to support its opinion on the issuer's financial statements. Those deficiencies included the failure to perform and document, in both of the audits reviewed, an evaluation as to whether there was substantial doubt regarding the ability of the issuer to continue as a going concern.

Following the inspection fieldwork and the inspection team's discussion with the Firm of the matters identified above, the Firm performed additional audit procedures and reissued both of its audit reports to include an explanatory paragraph describing the uncertainty regarding the issuer's ability to continue as a going concern."






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Saturday, May 03, 2008

[LBWR]: Promoter Creede Bighorns provides investment advice to investors: "Put all your family, friends, associates, coworkers, and kids in LBWR..."

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In a pathetic attempt to pump and hype Labwire, Inc. (LBWR) stock, the promoter Creede Bighorns ("Cris") is now providing investment advice to investors: "Put all your family, friends, associates, coworkers, and kids in LBWR...".

Pathetic


http://investorshub.advfn.com/boards/read_msg.asp?message_id=28811899

Posted by: Creede Bighorns
In reply to: Crow3
who wrote msg# 5353
Date:4/25/2008 8:36:01 PM
Post #5363 of 5458

Hey Crow, I promise you this. Once we get to the OTCBB, I am going to do far more than I have ever done before to introduce Labwire far and wide. Put all your family, friends, associates, coworkers, and kids in LBWR, because I am certainly going to do the same. I am going to keep on buying, and I am fearlessly going to get on the bullhorn for all others to do so. I am going to call Brokers that I know, and bunch that I do not know. I am going to post all over SI and iHub. Basically, I am going to do what the worm does - but in reverse. He thinks exposure can bring a scam down, well I believe enough exposure will bring a great stock up.




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[LBWR]: Labwire, Inc. issues False and Misleading Press Release

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self-explanatory

http://snipurl.com/false_and_misleading





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Friday, May 02, 2008

[LBWR]: Promoter Creede Bighorns ("Cris") posts false and misleading statements about Labwire, Inc. SEC filings

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Faced with almost a 50% drop in the stock price of Labwire, Inc. (LBWR) in recent months, it seems that promoter Creede Bighorns ("Cris"), the 37 year old part-time lab technician from Methodist Hospital of Memphis continues to post false and misleading statements about LBWR and its business.

In this situation, Creede Bighorns falsely stated that the form 10 filed by LBWR with the SEC is "pristine". He has previously falsely stated that the SEC has fully accepted the form 10 and therefore LBWR is ready to be uplisted to the OTC Bulletin Board from the pinsheets.

In previous blog entries on Labwire, Inc., the_worm06 has predicted that LBWR will have to restate the financial statements included in the form 10 filed with the SEC and has suggested that the books might be cooked.

here is the post on the Silicon Investor message board for LBWR:


http://siliconinvestor.advfn.com/readmsg.aspx?msgid=24553009

To: sandintheshorts
who wrote (697) 5/1/2008 6:07:15 PM
From: Creede Bighorns

1 Recommendation of 703

Late to the party chasers? What's that? This stock has been around for years, and should be around for a whole lot longer (unless they are bought out). Imvho, there are no bad entries - some will just take longer than others.

Come on shorts, really take a hard look here. You have to admit that 23 pages at EDGAR is pristine. God willing this stock will uplist, and it will continue to add Fortune 500 clients to the list. Tell you what, will you be a believer when you see the first 8k?

GB-ND
creede





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