i'm back in, page-6

re: i'm back in - andersons Hey Twisted/Miscman, I am getting really comfused here

Subject options & cash position
Posted 18/01/05 10:31 - 190 reads
Posted by MiscMan
Post #486780 - in reply to msg. #486754 - splitview

5 million options have first expiry date on 31st May 2005 with exercise price at 11c. Money due from Turkey for final payment of signs - estimated around $400-$500k, plus recent capital raising of $600k, so I would think they will have around $2mill+in the bank by end of this financial year. This would be enough to last more than one year with no new signs. It would also be enough to build 4 signs the size of the large Turkey ones as well. So I'm not sure the finances are a huge issue now. Different story if Disney doesn't sign though


Subject one sign wont make a company
Posted 13/01/05 12:27 - 72 reads
Posted by MiscMan
Post #482927 - in reply to msg. #482910 - splitview

It will just prolong the agony of the LUM shareholders as the company drifts into the abyss - I officially think this company is crap and am nearly out. Good luck to the buyers



Subject joelbaby - the company has progressed
Posted 27/12/04 17:03 - 226 reads
Posted by MiscMan
Post #470064 - in reply to msg. #469984 - splitview

I agree the management hasn't changed and this is still a huge problem, but I agree with everything Oak has said.
1) The 4TS was promised by the early this year and is now 1 year late - but it is being erected now
2) Turkey was promised late last year - but erection is nearly completed
3) Megagroup gone bankrupt - not LUM's fault
4) Totius Media - hard working company, however, they had no clients, unlike CCU
5) CCU are involved now - and this company will make or break LUM now - really that simple. If they like the signs and LUM treats them right, new contracts and funding for new signs wont be a problem.

Cheers

???????????????????????????????