lumacom >> breath in and hold >> goin, page-6

Did read the article in the Perth paper the other day on LUM ,then did some research on it ,

Great product with great potential but did not like the fact that they issued news shares in the company at 7.5c. Now trading at 25c ??

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That announcement also refers to a placement of three million
(3,000,000) Lumacom shares at 7.5 cents each to the Mega Group to
raise $225,000. In the interest of clarification, the Company advises
that the placement has, in fact, been made to Mega Profile
International Limited, which is the founding member of the Mega
Group
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And they have raised more capital ,

Basicly has the company got enough money to keep going and if so how much ,

looks to me like they need a cash flow pretty quick ,

will have a look again on a pullback .