LUMA-- LumaNet Corp...What happened? Message Board

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Microcap & Penny Stocks : LUMA-- LumaNet Corp...What happened?

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To: steve johnson who wrote (153)	4/25/1997 12:01:00 AM
From: The Pri	of 447

When you have some free time take a look at the 1996 financial statements of LumaNet. Then please explain to me where they are going to get the cash to run the business in 1997. Wouldn't you like to know who earned the $484,584 in salaries; who the $211,497 in contract personnel are and how $98,134 of T & E could be expended for a company with $132,476 of sales. There are over 25 million shares of stock outstanding. What will it take to earn even $.01 per share. My investment is probably much greater than yours and its not coming back.

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