the_worm06

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

Thursday, January 15, 2009

[LBWR]: Scam company Labwire, Inc. issues 99.6% Discounted Common Stock in Private Placement

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LBWR issues $2.4 million worth of LBWR common stock for only $8,528 cash in a private placement during the 2005 3rd Quarter (6,713,633 shares at $0.00127/share)

A 99.6% discount to the market value of the stock at the time


http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=5682


Who could possibly have received these significantly discounted LBWR shares, all 6,713,633 of them?


Details will be revealed in the near future



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