LUM 0.00% 2.3¢ lumacom limited

turkey deal signed

  1. Oak
    1,815 Posts.
    TURKEY DEAL NOW BINDING
    The Board of Lumacom refers to its announcement yesterday in relation to the
    advertising agreement with Global Medya on the 360 sqm LumaPanel screens
    on the Marmara Hotel – Taksim Square, Istanbul. The Company confirms that
    the deposit of US$50,000 has been received by the Joint Venture.
    The Heads of Agreement is now binding and the parties are now proceeding to
    final contract preparation. The deal is for 3 years and will gross revenues of
    US$3million dollars.
 
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