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Technology Stocks : LUMM - Lumenon Innovative Lightwave Technology Inc.
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To: Don Johnstone who wrote (1929)7/30/2000 11:06:04 AM
From: jjs64  Read Replies (2) of 2484
 
You're a bit testy today DJ. Face it, this is a LOSER of deal of LUMM and the LUMMiots who are foolish enough to hold the common stock. And if there are any new shorts, they are most likely your new "investors" in the converts.

Mr. Sherman is 100% correct that this deal was put together as yet another scummy Vancouver OTCBB reverse merger POS. Remember the whole thing was put together by the esteemed Mr. Mikulic

BTW, S-words, my statements were based on an "as-if vested" or "standstill" assumption....since that if vesting were to occur on the day they made the deal, the warrants would be at $10.

There is absolutely NO WAY to spin this deal as a positive, it's a massively high-priced convert with cheap warrants thrown in as a sweetener.

Buyer Beware!
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