hate to say it but i cant blame george for anything he says about this mob.
they have had years to try and do something to turn this company around, not one thing has worked and yet for ages wally sat back and collected around $200k per year. i even had the secretary tell me on one occasion he was busy in a meeting on business "other than lumacom", am pretty sure it was a MPO meeting on LUM time....
every single person who has ever supported LUM and held their shares has lost money, the company has remained in a continuous downtrend for years to the point it cant even hold 1cps. i dont know how much it costs to register and list a company on the ASX but LUM would surely have to be down close to its shell value now. It really is an embarrassment for anyone that has anything to do with it and if directors are made to feel a little uncomfortable about criticism they receive on this forum then i think its just too bad, what do they expect???
they would be better off closing the doors, admitting they have no plan, no desire and no hope and returning whatever cash they have back to their shareholders. after the amount of $$$ you have contributed to these guys wages over the years rifici i am suprised you can still even mount any defence for them.
Add to My Watchlist
What is My Watchlist?