m8, there are dozens of resource stocks out there with similar...

m8, there are dozens of resource stocks out there with similar cash reserves, zero resources, zero revenues all looking to find a needle in a haystack....

advertising is a solid business. lumacom has been a dog but vertigo is getting decent runs on the board. the last two quarterlies show recurring revenue, something lum has not had for the majority of its 6 or so years as a public company. the shanghai schools contract alone potentially could give lum a $40 million USD contract over 5 years, and unlike other tech companies with contracts in china, revenue is rolling into lum...

they have enough cash to keep operating for a while yet, why would they want to raise extra cash with a sp of 2c? the current market cap of $5 million is ridiculous given the vertigo acquisition.