Did read the article in the Perth paper the other day on LUM...

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 ??

_______________________________________________
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
_______________________________________________
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 .