Micro Laboratories Inc. (MLAR.OB)

avan100 said: "anyone playing this one? i need advise. thanks"

LanceJ said: "Don't like it. Look at the [URL=http://finance.yahoo.com/q/is?s=mlar.ob]Income Statement[/URL] , that's pretty ugly. From their form 10KSB..."Micro believes that it requires additional capital and debt financing in the short term will allow Micro to continue its marketing and sales efforts and continue as a fully operational corporation resulting in increased revenue and greater liquidity in the long term. However, there can be no assurance that Micro will be able to obtain additional equity or debt financing in the future, if at all." ... "Micro began operation in August 8, 1997 and there is no assurance that it will reach profitability. Since its inception, Micro has been principally engaged in product and service development. As shown in the accompanying financial statements, Micro has incurred net operating losses of $43,993 and $28,097 for the years ended March 31, 2004 and 2005, respectively. Micro has a stockholders' deficit of $464,564 and a working capital deficiency of $466,577 at March 31, 2005. Numerous problems, many of which are beyond the Company's control, are frequently experienced by companies in this period of development - marketing and customer. Difficulty in dealing with competition, lack of familiarity on the part of customers and suppliers, and technical obsolescence. There can be no assurance that commercial viability can be demonstrated for Micro's products and services, and there can be no assurance that Micro will ever achieve profitability on a sustained basis, if at all. " There's many more promising OTCBB stocks to invest in, with much better financials than to waste time on this one. It's 10KSB reads like a phreakin obituary, my opinion, put it in a coffin and bury it."

SoothSayer said: "Chart-wise, I do like where this stock is currently. It appears to have found bottom @ [b].02[/b], and I've played it a couple times as an intra-day and swing play recently. Some indicators showing [u]reversal likely near-term[/u]...the [b]MACD[/b], [b]OBV[/b], [b]ROC[/b] all trending up, so holding current position. Will be watching movement here, and for any releases that may come out to help it along."