broken under the 9c barrier, page-4

im sitting on massive % losses.....

dont understand why people are selling, do people think its going broke? last quarters financials revealed $1.8 million in cash with a monthly burn of 200k. even allowing for $60k month rent for 4ts that gives the company another 6-7 months of cash. do people not think a deal will come good in that time, and if worse comes to worse after the next agm they can do another capital raising..

on the positives durst and clear channel are billion dollar companies. i cant imagine durst not wanting the signs filled, they have many contacts. im that far in the red now though i may as well write off all my capital in lum and just cross my fingers, better than selling and then witness my thoughts come true.