LUM 0.00% 2.3¢ lumacom limited

the rat leaves the sinking ship ....., page-11

  1. 588 Posts.
    re: maybe he was the problem Mrs Smith, a few points to note and I'll make these while I've still got 1.9mill to sell if I converted my notes at current price
    1) 4TS does not get turned on any more. Therefore, it's video is continuously off now, even at 6.30PM
    2) Lumacom are living off loans from their shareholders now and they are requesting a placement, which has to be done in the next 3 months at 80%+ of the current share price. Who is going to buy shares in this placement? Definitely not me.
    3) Barcelona still losing significant amounts of money
    4) Nobody apparently interested in Turkey
    5) 4TS losing $500k + per year.
    6) Rodd's bro's still collecting $220k/yr income for doing what appears nothing. (techo. guys)
    7) Significant change in management with 2 directors and the CEO resigning in 6 months

    Ummm, what is there to be upbeat about?
 
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