for all the hoo-haar about lum, isn't the simple fact that the...

for all the hoo-haar about lum, isn't the simple fact that the contracts are taking longer than expected. charry3 got this reply to lum earlier in the week. it seems reasonable to me ...

''The company continues to work towards finalisation of the Times Square project and the other projects on the Lumacom slate. The company will shortly be announcing the quarterly cash report for the 3rd quarter. The company continues to actively work to close the transactions, to ensure certainty in relation to outcomes of transactions and the timing of the flows of revenues, and remains confident that the transactions will be closed in the near term. In the meantime, the company will adhere to its stated policy in relation to announcements and only make announcements in relation to transactions when the negotiations have reached a point so as to enable certainty of the outcome of the transaction.