stolwyk/gerry very interesting lum news, page-8

re: depreciation at 5% ???? Just a serious question ....

Could you re work your numbers allowing for depreciation at 10 % for each sign.
This is reasonable as you cannot expect the technology to last 20 years as implied at 5%. Maybe even 15 % might be more relistic. Even higher

Furthermore could you also add say a financing charge of say 6% per each billboard as it is obvious that Lumacom only has roughly 6 mill in cash .... enough for say 2 signs.

Before all you LUM holders get hot under the collar this is a more realistic picture .... no technologly in todays market lasts that long .... and Lum will have financing costs for each bill board ....

Sorry Girls