phew,that was close,(lum not below 6cents), page-45

re: lamar media Comprehensive report yes but much more needs clarifying. For instance what is going on with the rumours of Lamar? Have Clear Channel been sacked as media agent, have they walked away or is it just that they no longer have the exclusive rights?

Some information on the terms of the loan would be good, it did read well that it can be converted to equity and for the sake of dilution i would favour a loan at the present time. Also why is DEFI dragging so long, was supposed to be a sure thing near the end of August and still nothing finalised.

Wally told me back in April that a couple of things just "needed to fall into place" and Rodd told me in June that we were "on the vinegar stroke and ready to blow". Wally also told me on another occasion that the market was "unfriendly" to Lumacom out of boredom, nothing more. Well i got news for them, it isnt boredom it is a perception of utter incompetence and lies that is killing this company.

Lumacom has turned me into Dr Jeckyl and Mr Hyde but everyone that holds must understand the frustration. The market is flying and here we are, holding a product that by all intents and purposes there should be a market for, and yet these guys keep finding ways to fail. I have no idea what the answer is, i have met Rodd and he doesnt seem like a complete fool but the results say otherwise. Wally on the other hand is tertiary educated in commerce, so her also shouldnt be altogether stupid. This has to rank highly as one of the most frustrating stocks listed on the ASX, it has all the potential but cant crack the bigtime to save its life.