LUM 0.00% 2.3¢ lumacom limited

Mind, LUM was 94cents – Market cap of 70M without any...

  1. 609 Posts.
    Mind, LUM was 94cents – Market cap of 70M without any revenue!!!, today at 2c, Market cap of 5M with solid revenue/bright future esp in China PLUS Partnering with existing Chinese Company Vertigo well positioned to pick up ongoing work in that arena as well as possible work on the main Beijing Olympics themselves could be a ripper!
    During the quarter Vertigo secured a contract for the initial supply of 200 notice
    boards to schools throughout the Shanghai Province. The Notice Boards provide
    information to students and teachers at the primary, secondary and tertiary schools
    in Shanghai and include an LED for schools use. The specialised advertising
    campaign initiated by Vertigo on behalf of Coke was finalised in December 06 with
    an excellent result for the client in Shenzhen, China. Payments for the project will be
    received in late January and early February 07. The Hong Kong Airport project (retail
    signage) was completed in January 2007 and the first of the unipoles (standalone
    outdoor advertising structures) for deployment onto Indian Reservation Lands on the
    edge of major highways in the USA was shipped in December 06 with further orders
    expected in the coming months.

    As announced, Vertigo secured the pivotal consulting and QA management work on
    the Air-conditioned Dubai Bus Shelter project which it has been working on for the
    last 12 months. The project is expected to lead Vertigo into other projects its clients
    are working on in the Middle East. With Hong Kong being the centre for the
    equestrian events for the Beijing Olympics, Vertigo is well positioned to pick up
    ongoing work in that arena as well as possible work on the main Beijing Olympics
    themselves.

    Management at Vertigo continues to work on opportunities in the USA, Hong
    Kong/China and Middle East and the Company will provide updates as material
    developments arise. Lumacom has recruited a new Regional Manager for Vertigo
    with extensive China media experience.
    In addition to the contract in Dubai, Vertigo has received its first order in relation to the
    Beijing Olympics. The equestrian events are to be held at the Jockey Club in Hong Kong
    and Vertigo has been appointed by Swiss Timing Limited (Omega) to supply the
    infrastructure for the first LED panel being used for the event. Vertigo has built a
    reputation as one of the leading LED specialists in the HK market after successfully
    completing landmark installations for Louis Vuitton in their HK and Beijing Flagship
    stores. It was this capability and quality of finish that persuaded Swiss Timing to
    appoint Vertigo over their traditional European suppliers.
    AND MORE……………………
 
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