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Microcap & Penny Stocks : Luminart - LUMNF, LUMN-T

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To: Brian MacDonald who wrote (33)9/19/1996 6:34:00 PM
From: Kit H. Lou   of 329
 
Brian, your points are well taken!

With the amount of money and time they spent on the accounting and audit, they should be able to get AUDITED quarterly reports out. I am not going to believe in their unaudited quarterly numbers anymore. Next time I communicate with Chuck Courson, I will bring this up. BTW, did they release unaudited Q1 results today? Another delay!

The investment community has been essentially cheated by this management two years in a row. I find it hard to trust them in the future too. I will definitely look into cutting my position on good selling opportunities - may leave a small position around because after all, their product does have strong growth potential and I guess they won't try to commit the same crime three years in a row and strike out.

Regards,

Kit
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