Just for a bit of balance,treat LUM as you would an oil explorer;9 out of 10 holes is a duster but the one they bring in more than pays for the pain and puss along the way. The company has a patented world beating technology that just has to get "sold" to the end user before we can begin to dream of earnings and dividends etc. It is unlikely that a company such as Clear Channel would bother with an agency agreement unless they could see a market and had a target user in mind.4times square will hopefully be the company maker we have been waiting for but at the moment this is a speculative stock with the risks and rewards similar to any other of this genre. you asked what went wrong previously. Claude Neon got out of out door advertising; Mega had their own financial hurdles to contend with; Totius overpromised and underdelivered (not unusual for a promotional entity) The only downside as I see it is if the patents run out or the company management gives up and stops trying
I continue to hold
Rocknocker
LUM Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
