UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington
D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d)
OF
THE SECURITIES AND EXCHANGE ACT OF 1934
Date
of Report (Date of Earliest Event Reported): May 15, 2008
Labwire,
Inc.
|
(Exact
name of registrant as specified in its
charter)
|
Nevada
|
000-00000
|
37-1501818
|
(State
of Incorporation)
|
(Commission
File No.)
|
(IRS
Employer ID No.)
|
Labwire,
Inc.
14133
Memorial Drive, Suite 1
Houston,
Texas 77079
|
(Address
of Principal Executive Offices)
|
|
Registrant’s
Telephone Number, Including Area Code:
(281)
597-1611
|
|
(Former
name or former address, if changed since last
report)
|
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
|
Written
communications pursuant to Rule 425 under the Securities Act (17
CFR.425)
|
|
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|
|
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
|
|
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
|
Item
8.01 Other
Events
On May 7,
2008, Labwire, Inc. (the “Registrant”) issued a press release announcing that it
became a reporting company with the U.S. Securities and Exchange Commission and
will be filing with the SEC periodic reports containing up-to-date information
about the company and also is working with its auditors to complete the 2007
annual audit and 2008 quarterly reviews. The press release is
attached as Exhibit 99.1 to this report on Form 8-K.
On May 15,
2008, Labwire, Inc. (the “Registrant”) issued a press release announcing that it
signed an alliance agreement with USIS Commercial Services, Inc., a large
national commercial services group. The initial client referred by
USIS will begin transitioning to Labwire on June 2, 2008. The press
release is attached as Exhibit 99.2 to this report on Form 8-K.
Item
9.01 Financial
Statements and Exhibits
(d) Exhibits
Exhibit
No
|
Description
|
99.1
|
Press
Release of Labwire, Inc., dated May 7, 2008.
|
99.2
|
Press
Release of Labwire, Inc., dated May 15,
2008.
|
SIGNATURES
Pursuant
to the requirements of the Securities and Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
|
|
|
Labwire,
Inc.
|
|
|
Date:
May 15, 2008
|
By:
|
/s/ Dexter
Morris
|
|
Dexter
Morris
|
|
President
and Chief Executive Officer
|
Exhibit 99.1
Labwire
Becomes an SEC Reporting Company
HOUSTON,
TX -- (MARKET WIRE) -- 05/07/08 -- Labwire, Inc. (PINKSHEETS: LBWR), a leading
provider of employee screening solutions, canine security, and compliance
surveillance services, is pleased to report that on April 14, 2008 Labwire
(trading symbol: lbwr) became a reporting company with the U.S. Securities and
Exchange Commission. As a result, the company will be filing with the SEC
periodic reports containing up-to-date information about the company, and the
company will be subject to additional requirements enhancing investor
protection.
The
necessary steps are now being taken to have the company's common stock traded on
the OTC-BB (Bulletin Board). Management is now interviewing market makers and
upon completion of the selection process projects the move to OTC-BB trading in
approximately six weeks.
During
this time, management is transitioning into the status of a full-reporting
public company. "We are working with our auditors to complete the 2007 annual
audit as well as a review of our books and financial activity for 2008. We are
getting everything prepared so that we can commence filing our periodic
reports," stated Marlin Williford, Labwire CFO.
Dexter
Morris, Labwire Chairman and CEO, offers the following business insight: "We are
excited about being an SEC reporting company and the possibilities that it
permits having our common stock traded on the OTC Bulletin Board. These have
been two of our major objectives for some time and it is a management priority
to bring this process to a successful conclusion as soon as possible. Business
prospects continue to be bright and I look forward to sharing progress with our
shareholders as our marketing efforts turn opportunities into new contracts and
increased business with existing clients in the coming months. We are entering
our busy cycle for business development and I am very excited about the
opportunities we are seeing in the marketplace."
About
Labwire:
Labwire
Inc., Headquartered in Houston, TX, provides secure and compliant employee drug
screening and background checking services to Fortune 500 corporations via the
Labwire(TM) Platform. Labwire(TM) is a proprietary, web-based application that
streamlines the complex regulatory and record management activities associated
with employee screening, delivering accurate timely results while eliminating
service calls and paper trails. This comprehensive solution to managing employee
screening services is the most efficient and cost-effective platform in the
industry.
Safe
Harbor Provisions:
Certain
oral statements made by management from time to time and certain statements
contained in press releases and periodic reports issued by Labwire, Inc., (the
"Company"), as well as those contained herein, that are not historical facts are
"forward-looking statements" within the meaning of Section 21E of the Securities
and Exchange Act of 1934 and, because such statements involve risks and
uncertainties, actual results may differ materially from those expressed or
implied by such forward-looking statements. Forward-looking statements,
including those in Management's Discussion and Analysis, are statements
regarding the intent, belief or current expectations, estimates or projections
of the Company, its Directors or its Officers about the Company and the industry
in which it operates, and are based on assumptions made by management.
Forward-looking statements include without limitation statements regarding: (a)
the Company's strategies regarding growth and business expansion, including
future acquisitions; (b) the Company's financing plans; (c) trends affecting the
Company's financial condition or results of operations; (d) the Company's
ability to continue to control costs and to meet its liquidity and other
financing needs; (e) the declaration and payment of dividends; and (f) the
Company's ability to respond to changes in customer demand and regulations.
Although the Company believes that its expectations are based on reasonable
assumptions, it can give no assurance that the anticipated results will occur.
When issued in this report, the words "expects," "anticipates," "intends,"
"plans," "believes," "seeks," "estimates," and similar expressions are generally
intended to identify forward-looking statements.
Important
factors that could cause the actual results to differ materially from those in
the forward-looking statements include, among other items, (i) changes in the
regulatory and general economic environment; (ii) conditions in the capital
markets, including the interest rate environment and the availability of
capital; (iii) changes in the competitive marketplace that could affect the
Company's revenue and/or cost and expenses, such as increased competition, lack
of qualified marketing, management or other personnel, and increased labor and
inventory costs; (iv) changes in technology or customer requirements, which
could render the Company's technologies noncompetitive or obsolete; (v) new
product introductions, product sales mix and the geographic mix of
sales.
The
Company disclaims any intention or obligation to update or revise
forward-looking statements, whether as a result of new information, future
events or otherwise. Safe Harbor Statement under the Private Securities
Litigation Reform Act of 1995: The statements which are not historical facts
contained in this advertisement are forward-looking statements that involve
certain risks and uncertainties including but not limited to risks associated
with the uncertainty of future financial results, additional financing
requirements, development of new products, governmental approval processes, the
impact of competitive products or pricing, technological changes, and the effect
of economic conditions.
Investor
and Public Relations Contact: Marlin R. Williford Jr. email:
mwilliford@capnetrisk.com Phone: (832) 487-7803
Exhibit
99.2
Labwire
Signs Alliance Agreement With USIS
HOUSTON,
TX -- (MARKET WIRE) -- 05/15/08 -- Labwire, Inc. (PINKSHEETS: LBWR), a leading
provider of employee screening solutions, security, and compliance surveillance
services, is pleased to report that on April 30, 2008 Labwire signed an Alliance
Agreement with USIS, a large national commercial services group. Under the terms
of the Alliance Agreement, Labwire will perform drug/alcohol testing services
and pre-employment background screening products and services for certain USIS
clients: in turn, USIS will offer their products for sale by Labwire to its
clients. The agreement is for an initial term of two (2) years and provides for
both firms to pay referral fees based on a percent of business delivered. The
initial clients referred by USIS will begin transitioning to Labwire on June 2,
2008 and will continue through year's end and will include several large
operating units in commercial transportation industries.
"Mr.
Morris and the sales team are to be congratulated for securing this substantial
relationship agreement," stated Marlin Williford, CFO. "As this agreement is
implemented, it should provide good revenue growth for the 3rd and 4th quarters
of this year."
Dexter
Morris, Labwire Chairman and CEO, offers the following business insight: "We are
excited about our technology gaining the acceptance of a company such as USIS.
We see this as a first step in expanding our client base through alliances as
well as direct sales and acquisition opportunities. Labwire will continue to
seek this type of alliance agreement with other major companies offering various
services. We believe that these alliance arrangements will allow Labwire to grow
more rapidly utilizing the strength and effectiveness of its operating platform
to grow its revenue at a faster rate than conventional sales would
allow."
USIS
is a worldwide provider of background investigations, pre-employment/drug
screenings, insurance information services, due diligence and risk management
assessment, and security and related professional services to businesses,
federal agencies, and institutions. Headquartered in Falls Church, Va., USIS has
more than 7,000 employees supporting business operations in all 50 states, U.S.
territories, and overseas. For more information, please visit
www.usis.com.
Labwire,
Inc., headquartered in Houston, TX, provides secure and compliant employee drug
screening and background checking services to Fortune 500 corporations via the
Labwire(TM) Platform. Labwire(TM) is a proprietary, web-based application that
streamlines the complex regulatory and record management activities associated
with employee screening, delivering accurate timely results while eliminating
service calls and paper trails. This comprehensive solution to managing employee
screening services is the most efficient and cost-effective platform in the
industry. For more information see 8-k filings.
Safe
Harbor Provisions:
Certain
oral statements made by management from time to time and certain statements
contained in press releases and periodic reports issued by Labwire, Inc., (the
"Company"), as well as those contained herein, that are not historical facts are
"forward-looking statements" within the meaning of Section 21E of the Securities
and Exchange Act of 1934 and, because such statements involve risks and
uncertainties, actual results may differ materially from those expressed or
implied by such forward-looking statements. Forward-looking statements,
including those in Management's Discussion and Analysis, are statements
regarding the intent, belief or current expectations, estimates or projections
of the Company, its Directors or its Officers about the Company and the industry
in which it operates, and are based on assumptions made by management.
Forward-looking statements include without limitation statements regarding: (a)
the Company's strategies regarding growth and business expansion, including
future acquisitions; (b) the Company's financing plans; (c) trends affecting the
Company's financial condition or results of operations; (d) the Company's
ability to continue to control costs and to meet its liquidity and other
financing needs; (e) the declaration and payment of dividends; and (f) the
Company's ability to respond to changes in customer demand and regulations.
Although the Company believes that its expectations are based on reasonable
assumptions, it can give no assurance that the anticipated results will occur.
When issued in this report, the words "expects," "anticipates," "intends,"
"plans," "believes," "seeks," "estimates," and similar expressions are generally
intended to identify forward-looking statements.
Important
factors that could cause the actual results to differ materially from those in
the forward-looking statements include, among other items, (i) changes in the
regulatory and general economic environment; (ii) conditions in the capital
markets, including the interest rate environment and the availability of
capital; (iii) changes in the competitive marketplace that could affect the
Company's revenue and/or cost and expenses, such as increased competition, lack
of qualified marketing, management or other personnel, and increased labor and
inventory costs; (iv) changes in technology or customer requirements, which
could render the Company's technologies noncompetitive or obsolete; (v) new
product introductions, product sales mix and the geographic mix of
sales.
The
Company disclaims any intention or obligation to update or revise
forward-looking statements, whether as a result of new information, future
events or otherwise. Safe Harbor Statement under the Private Securities
Litigation Reform Act of 1995: The statements which are not historical facts
contained in this advertisement are forward-looking statements that involve
certain risks and uncertainties including but not limited to risks associated
with the uncertainty of future financial results, additional financing
requirements, development of new products, governmental approval processes, the
impact of competitive products or pricing, technological changes, and the effect
of economic conditions.
Investor
and Public Relations Contact: Marlin R. Williford Jr. email:
mwilliford@capnetrisk.com Phone: (832) 487-7803