LUM 0.00% 2.3¢ lumacom limited

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  1. 569 Posts.
    possible cash raising idea Wonder if LUM would be prepared to sell the sign, and maybe the sign lease and advertising contract (if/when they get one). May be an easy way of raising a few million dollars without diluting the company's shares.Sign worth about $2mil and they could possibly the advertising contract for maybe $2mill - this would easily fund 1 more Times Square sign on the South face and maybe 3-4 smaller signs.
    Just an idea - any comments from intelligent people?
 
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