ready to take off, page-11

Troskolo, At the AGM rodd sala advised that the company was confidant that an announcement would be made very soon (within a few weeks) regarding a blue chip multinational lead advertiser for 4 times square.....This was mentioned on two occasions....The site has been secured by Lumacom( all 4 sides)....On a lease basis......Also said the first sign was under construction.....The delay was caused by thye installation of the transmitter tower....But Lumacom and Totius put that time to good use to find an A grade multinational as anchor for the sign......They had a list of five companies they were having good negotiations with and that these were multi million dollar contracts in their own right and take a little time to negotiate and contract.......Most likely an announcement before christmas.....That would put all the speculation about times square to bed.....They have a number of other advertisers willing to commit.....Lumettes just might have a christmas surprise coming their way.....The main point was that the site has been secured and the sign is under construction.......From order to delivery takes 60 days for a sign but the company allows for 90 days in their contracts.......Hope that helps......