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Technology Stocks : LUMM - Lumenon Innovative Lightwave Technology Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Mike Hardy who wrote (787)9/12/1999 1:15:00 AM
From: wonk  Read Replies (2) | Respond to of 2484
 
MikeY:

...The 2 companies have nothing to do with each other the vancouver shell was available so they bought it

Why?

I have been watching this one since the very first post on SI.

I am intrigued by the purported technology, and have been impressed by the resumes of the principals.

On the other hand:

1. Principals who have faith and belief in the value of their intellectual property DO NOT go the reverse merger non-reporting OTC-BB route. Why? because they leave too much money on the table;

2. The continuing lack of reporting and independent confirmation of the capital structure, share issuances and pricing is troublesome - to say the least;

3. To the best of my knowledge, clear title to the patents has never been satisfactorily resolved;

4. This thread from the very beginning has seen the postings of some rather notorious OTC-BB hypesters.

Now is this the real deal - or another Bre-X? I don't know but I continue to exercise extreme caution.

ww