personally i dont think lum has ever been in better shape.
the last two quarterly reports show recurring income and vertigo is proving its ability to capture new contracts in a booming market (china)...
cash of $1.4 million as of dec 31, with significant receipts in january (ATO and contracted revenues), the market cap of around $5 million really defies the potential here.
its a shame it has taken such a great dilution of stock for lum to develop a sound business plan. however as vertigo continue to roll out the contracts this is going to become a great trading stock imho....
LUM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
