Labwire Inc (CE) (LBWR) News

LBWR Security Details
Share Structure
Market Cap Market Cap
394,238
04/23/2024
Authorized Shares
1,000,000,000
04/23/2024
Outstanding Shares
179,199,001
04/23/2024
Restricted
147,449,003
04/23/2024
Unrestricted
31,749,998
04/23/2024
Held at DTC
18,866,698
04/23/2024

Lower and lower and lower and........

LBWR Security Details
Share Structure
Market Cap Market Cap
895,995
01/17/2024
Authorized Shares
1,000,000,000
01/17/2024
Outstanding Shares
179,199,001
01/17/2024
Restricted
147,449,003
01/17/2024
Unrestricted
31,749,998
01/17/2024
Held at DTC
18,866,698
01/17/2024

Check on Labwire in twitter X
they released yesterday an update and they just changed officer.
$LBWR
let's see how the book react today!

Where are they going to get the money for an acquisition. I can not see how they can use their stock since the market cap is $4 million and they have no trading.
If they did use their stock it would be so dilutive to investors and if they go to these toxic finance guys the stock would be 0001 a share in no time.

They have a nice little store business but I am confused why this company is public.

LBWR lets see if we can continue the uptrend this week

Up 53% on tiny volume. Imagine what can happen when the company really starts to raise awareness.

https://www.otcmarkets.com/stock/LBWR/news/Labwire-Inc-OTC-LBWR-Announces-Non-Binding-LOI-to-Acquire-Assure-Media-LLC-a-Leading-High-Growth-Lead-Generation-Technol?id=415317

That's great. Thanks for posting. I got off Twitter when Captain Shitbag took over.

This tweet was posted on August 18th:

https://twitter.com/labwireinc/status/1692539452881830086

LMAO

$700k market cap $LBWR

LBWR Security Details
Share Structure
Market Cap Market Cap
1,612,791
08/03/2023
Authorized Shares
1,000,000,000
08/03/2023
Outstanding Shares
179,199,001
08/03/2023
Restricted
147,449,003
08/03/2023
Unrestricted
31,749,998
08/03/2023
Held at DTC
18,866,698
08/03/2023

Ya what the hell is going on and please keep it up.

$olid

Might be old news but I just saw their video on youtube from 2 months ago -

Tweet out.....

https://twitter.com/labwireinc/status/1681747064085159937

Yup definitely it needs to upgrade the website to show the progress on expansion aka growth.

Yup definitely it needs to upgrade the website to show the progress on expansion aka growth.

And our reward is we down over 25%....


SMH

$LBWR Their website labwire.co got a much needed face-lift with the stores front and center. Shows the 2 locations and looks like up to 4 more in the planning stage.

$LBWR Agree, this one is worth waiting around for.

for sure

It's matter of time - revenue is generating, easy business model to understand, best industry to be in right now, have enough cash to fund the business, low float.

$LBWR $LABWIRE

step in the right direction $LBWR $$

sounds great - given companies are laying off people (especially tech sector) left and right, dollar stores should perform better than any other retail stores.

I just checked the franchise fee for dollar general and they charge $75,000 initial fee with 6% royalty. imagine Labwire does a franchise for its dollar store brand and charges like $50k upfront and 5% royalty - this is a money making machine.

$LBWR onward and upward

"significant reduction in operating expenses. Furthermore, they will emphasize steady revenue growth, reflecting the resilience and stability of the dollar store industry..."

https://www.otcmarkets.com/stock/LBWR/news/Labwire-Inc-OTCLBWR-Announces-Major-Milestones-and-Future-Plans?id=406963

You're so right. Today's news is great, recent news is great, but goes unnoticed.

Labwire, Inc (OTC:LBWR) Announces Major Milestones and Future Plans

Monday, July 10, 2023 9:50 AM

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Topic:

 

Company Update

PHOENIX, AZ / ACCESSWIRE / July 10, 2023 / Labwire, Inc. (OTC:LBWR), a leading dollar store chain, is thrilled to share its recent accomplishments and outline its exciting future plans. Labwire invites stakeholders and investors to join them on their remarkable journey.
Strategic Acquisition of Cessil ("Super 99 Center")
Labwire has successfully completed the strategic acquisition of Cessil, also known as Super 99 Center, an independent dollar store operator chain located in Phoenix. This acquisition marks a significant milestone for Labwire, as it establishes a robust presence in the Phoenix market and lays the foundation for nationwide expansion. Labwire is actively identifying potential acquisition targets that align with its growth strategy, offering substantial value creation opportunities.
SEC Qualification of Regulation A+ Offering
We are delighted to announce that Labwire's Regulation A+ offering has been qualified by the Securities and Exchange Commission (SEC). This qualification underscores Labwire's commitment to raising capital effectively and efficiently. Labwire streamlines the investment process for all interested parties by accepting investments from both accredited and non-accredited investors, eliminating the need for securities registration. The issuance of common stock will be conducted through an offering statement on Form 1-A (File No. 024-12230).
Short-Term and Long-Term Expansion Plans
In the short term, Labwire aims to capitalize on opportunities by acquiring independently owned dollar stores as it successfully raises capital. This proactive approach ensures that Labwire can seize favorable opportunities and accelerate its growth trajectory. The company has already identified potential acquisition targets that align with its expansion plans and offer strong synergies, presenting promising avenues for future growth and value generation. All acquired stores will operate under the Super 99 Center trademark, registered with the state of Arizona.
Engaging with Potential Investors
Labwire is actively engaged in discussions with potential investors who share its vision and demonstrate a deep interest in partnering with the company. These investors recognize the immense potential of the dollar store industry and the opportunities it presents. Labwire's unique value proposition, combined with its strategic acquisition plans, has garnered strong interest from individuals and institutions alike. The company welcomes conversations with potential investors who align with its mission and share a passion for building Labwire into one of the largest dollar store chains in the market.
Release of Q2 Financials and Growth Prospects
Labwire is pleased to announce that its Q2 financials will be released within the next couple of weeks. These financial statements will highlight Labwire's commitment to operational efficiency, showcasing a significant reduction in operating expenses. Furthermore, they will emphasize steady revenue growth, reflecting the resilience and stability of the dollar store industry. With a favorable shift in consumer demand, the dollar store industry has consistently delivered robust operational performance, positioning Labwire for continued success. The Q2 financials will be available on the company's disclosure page at https://www.otcmarkets.com/stock/LBWR/disclosure.
In conclusion, Labwire's recent achievements and strategic plans demonstrate the company's dedication to becoming a prominent player in the dollar store industry. The acquisition of Cessil establishes a strong foundation for expansion, and the qualification of the Regulation A+ offering enables Labwire to raise capital more effectively. The company actively seeks potential acquisition targets and engages in discussions with investors who share its vision. The upcoming Q2 financials will underscore Labwire's operational efficiency and revenue growth, solidifying its position as an attractive investment opportunity.
Contact:
Shin Hwang, President & CEO
+1(928) 719-7747
shin@labwire.co
Labwire, Inc.
Labwire (OTC:LBWR) is an early-stage specialty retailer committed to revolutionizing the discount retail industry through innovation and cutting-edge technology. With a strong focus on rebranding, financing, and operational efficiencies, Labwire is poised to redefine the retail landscape. Labwire's flagship brand, Super 99 Centers, offers customers an exceptional shopping experience with a wide range of high- quality products at unbeatable prices. For more information, please visit our website at https://www.labwire.co.

LBWR getting some luv this AM, updates coming?

from shell to acquisition and then shell risk badge removed - i think the company putting all their ducks in a row. the company also has revenue so the next step is the revenue growth.

this company needs to hire some serious IR company.

nice!

Shell Risk Badge Removed

LBWR like the way ur thinking

Welcome to pinkyland 2023

So far nobody gives a crap.

Yea looks like they are expanding what they already own - super 99 centers.
it reminds me of dollar store franchises like dollar general, dollar tree - they are all doing well trading at 4x and 6x book value. and now, savers (svv) went public at $4b valuation and svv's book value is not even $1.

labwire is traded at 1.2x book value ($1.2m market cap / $1m book value). given it's early stage and small, it should be trading at 10x easy. it should be traded around $0.08-$0.10.

and when it has like 20 locations or $20m revenue, either dollar general or dollar tree or even savers will buy it out. it's no brainer to me.

Nice PR. Being issued right before a holiday weekend, no one will notice lol. Long-term prospects look pretty good though.

Labwire Announces SEC Approval for Regulation A+ Offering, Driving Expansion of Super 99 CentersPress Release | 06/30/2023

FOR IMMEDIATE RELEASE

Labwire Announces SEC Approval for Regulation A+ Offering, Driving Expansion of Super 99 Centers

(PHOENIX, Arizona, June 30th, 2023) Labwire (OTC: LBWR), a pioneering specialty retailer, is delighted to announce the official approval from the U.S. Security Exchange Commission (SEC) to launch its Regulation A+ offering. This milestone achievement signifies Labwire's strategic path toward expanding its renowned Super 99 Centers brand nationwide.

Labwire's Regulation A+ offering presents an unprecedented opportunity for both accredited and non-accredited investors to participate as stakeholders in the company. As a technology-driven specialty retailer, Labwire leverages its expertise in rebranding, financing, and operational efficiencies to build successful enterprises.

The funds raised through this offering will play a crucial role in cultivating a distinctive business model within the discount retail industry, fueled by the expansion of Super 99 Centers and DollarPoly, Labwire's established retail store and e-commerce platform.

"We are delighted to have received SEC approval for our Regulation A+ offering," stated Mr. Shin Hwang, President & CEO of Labwire. "This momentous occasion represents a significant stride for Labwire and our esteemed Super 99 Centers brand. We eagerly anticipate welcoming investors on board and extending our footprint within the discount retail industry."

Labwire aims to raise up to $18 million from the general public and accredited investors through its Regulation A+ capital offering. These funds will be allocated toward expanding its physical storefronts and finalizing the development of an integrated online network platform, connecting all locations with efficient delivery networks. Labwire firmly believes that this presents an exceptional opportunity for investors to join in the growth and prosperity of the company.

The issuance of common stock will be conducted through an offering statement on Form 1-A (File No. 024-12230) filed by the Company with the U.S. Securities and Exchange Commission (the "SEC") and has been approved by the SEC on June 29, 2023.

Interested parties may obtain a complimentary copy of the offering circular by accessing the SEC website at www.sec.gov and visiting the EDGAR section.

About Labwire

Labwire is an early-stage specialty retailer committed to revolutionizing the discount retail industry through innovation and cutting-edge technology. With a strong focus on rebranding, financing, and operational efficiencies, Labwire is poised to redefine the retail landscape. Labwire's flagship brand, Super 99 Centers, offers customers an exceptional shopping experience with a wide range of high-quality products at unbeatable prices.

For more information, please contact:

Media Relations
Labwire
Phone: 1 (928) 719-7747
Email: labwireinvestors@gmail.com
Website: www.labwire.co

Yup - looks like $0.01 is the support level. Once it breaks $0.02, it will move to $0.05/$0.08.
I mean, it was $0.15 without a business generating revenue 2 years ago.

Now, LBWR has a business generating about $2,000,000 in dollar stores. You can't go wrong with dollar stores selling what people "need" not what people "want".

Finding some support at these levels.

Yep. Up from here is my guess. $LBWR

LBWR looks like offering at .0125 PPS so no reason for today sell down

https://twitter.com/labwireinc/status/1659281718950391822
It looks like the company is getting reg a+ done soon. Honestly should change the company name to 'Super 99 Center' or something about dollar store like dollar general or dollar tree.

Picked up 50k as a starter. Should be an easy 5 to 10 bagger spec play. Clean shell, low float, real business. ( 99 cent stores, which are popular now).

Exactly - and if I don't hear from the company in next couple weeks, I will jump off. Nowadays, "buy and hold" approach doesn't work in OTC market. The only way to make money is to "buy the rumor, sell the news".

LBWR lets hope we dont have to wait too long for updates

I'm going with scam....

Per its twitter account:

“We are currently communicating with the SEC to finalize our Regulation A+ offering. Getting this completed is another major step as it will help us to grow Cessil Company d/b/a Super 99 Center as well as other cash generating acquisitions”

Sure would seem so. Aren't you shocked?