lumacom stock in jail, page-4

lum is priced down to its shell with no value at all placed in the current business. in fact i dont think much of the market is even aware of lums current business.

fact: lum has revenues of around $500k per quarter, with a modest cash burn now that the vertigo acquisition is complete.

fact: lum now offers a complete range of outdoor advertising solutions, lumapanel which has proven a major disappointment is now only one string to their bow.

fact: all the old management are gone, regardless of whether or not rodd was a scapegoat. some say that rodd was instrumental in finding vertigo for lum, others refute this....
the new management have stuck out their necks, have taken up stock and are funding the operations in preference to further dilution.

fact: the current business is viable and it will only take one good ann for this to turn into a 3-5 bagger in 1-2 days!