re: closing at 265 and what we know What we know is; 2 LumaSigns...

re: closing at 265 and what we know What we know is; 2 LumaSigns for Istanbul, one LumaSign for US are being manufactured, Pepsi sign has been tested for 2 weeks and will go live any time from now. The Company continues to work with its partners in relation to several sites in Russia for which general electronic sign approvals are held. Discussions with advertisers with respect to the first side are progressing to current expectations and are anticipated to be finalized well in advance of the installation of the sign, allowing revenues to coincide as close as possible to commissioning. By saying "well in advance of the installation of the sign" Lumacom is certainly taking extra care of the TIME FRAME. The current quarter therefore will be a busy time for the Company, with all technical and product resources concentrating on the manufacture and installation of the signs in New York and Istanbul, and marketing resources continuing to identify new opportunities as well as conclude current European negotiations. Three signs for Scandinavia are very close to finalization.
The current quarter therefore will be a busy time for the Company.
MR Ingram was buying at 295, Piano sold 2.3M shares and pocketed about 800K. Piano is still holding 5M.
265 is still a joke..