LumaLite Holdings, Inc. (fka LMIT)

[eztradin]

?



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Lumalite Hldgs Inc (LMIT)


Bid 0.045 Ask 0.05 Last 0.035
Open 0.05 Close 0.04 Change -0.005
High 0.055 Low 0.035 % Change -12.50
Volume 258000 Last Size 112300 B/A Size 5000x5000
Last Trade Thu Mar 20 2003 16:00:40
Asset Type Equity Tick Trend --=- UPC 11830 N
P/E 52 Wk. High 52 Wk. Low
Quote Type Real-Time Exchange OTCBB

EZ

[eztradin]

LMIT has a mere mkt. cap of $1.1M at
.04. Last year alone, they produced
profits of over $300k and are underway
to having another profitable 2003 w/ $33k
in profits aleady.

28.5M O/S
10.2M float

Their new products were just a major hit and most
major dental agencies in the USA ordered their
product. LMIT is also looking to supply their
products to retail chains in the near future.

LMIT definitely isn't worth $2.50 per share around
their 52 wk. high, but they're definitely worth
a look under .20

I only know of a few BB stocks that actually produce
profits.

EZ

[Ruellit]

This one of three stocks that I plan to ride and accumulate on dips for a while. LMIT as well as DMTI and NGMC all have potential for much higher share prices! I posted this to you Dave because I wanted to tell you I bought into DMTI again today! Thanks

[eztradin]

More...IMHO. :) eom

[ukie]

VOLUME(+): LMIT Volume 35% > 20-adsv, Stock +48.15%

Wednesday, March 19, 2003 11:56 ET

This is the 2nd VOLUME alert for LMIT in the past 7 calendar days.

Trading for LumaLite Holdings, Inc. (OTCBB: LMIT) has been heavier than usual in today's session. By 11:55 ET, the stock had already traded 142,100 shares via 26 trades. The cumulative volume is 34.88% above than its 20-day average of 105,355. Normally the stock experiences around 12 individual trades per session.

So far, today's volume surge has caused a net rise in LMIT's stock price. At the time of this alert, the stock was trading at $0.040, up $0.013 (+48.15%).

Eleven months ago, the Company's shares closed at $2.000. The price has declined more than 98 percent since then.

Over the last 10 trading session LMIT has traded in a range between $0.025 and $0.100 and is currently trading 98.22% below its 52-week high of $2.250 set on May 03, 2002 and 60.00% above its 52-week low of $0.025 from March 18, 2003.

In the previous 3 sessions, LMIT trading has displayed a mixed trend. Closing results have been as follows:

March 18, 2003 --- closed at $0.027 up $0.002 (+8.00%) on 93,600 shares
March 17, 2003 --- closed at $0.025 down $0.010 (-28.57%) on 402,000 shares
March 14, 2003 --- closed at $0.035 down $0.005 (-12.50%) on 186,700 shares

The Company last released news on March 03, 2003:

"GentleBright(TM) and StayBright(TM), Newly Released Whitening Products is a Show Stopper at the Chicago Dental Society Annual Meeting"

LUMALITE HOLDINGS, INC.
Lumalite Holdings Inc. develops and markets tooth-whitening products and services through wholesale distributors, primarily to dental practitioners. The Company's current principal product is its LumaArch(TM) bleaching product and associated Xenon-halogen illumination system, which provides customers with tooth-whitening results that the Company believes are superior to those provided by the Company's competitors, based on, among other factors, its lower cost and the shortened period of time that the customer is required to spend in the dental chair during the whitening process. The Company intends to launch a number of complementary products to its current product and service offerings in the near future and intends to introduce company-owned and operated tooth-whitening centers in major retail locations as a store-in-store concept. LumaLite Inc. is a wholly owned subsidiary of the Company

[DTGoody]

I can't believe anybody would be taking profits at .05 and .045 it makes no sense? Look at the charts this is going to .08 to .10 easily with just a little patience.

[eztradin]

DD by pennybuster.

Posted by: pennybuster
In reply to: None Date:3/19/2003 1:00:53 AM
Post #of 2318

Take a Look At This Chart..


http://finance.yahoo.com/q?s=LMIT.OB&d=c&k=c1&a=v&p=s&t=3m&l=on&z=m&....

Very nice charts. Nice work pennybuster.

EZ

[eztradin]

DD by superjim2001 inside.

Posted by: superjim2001
In reply to: eztradin who wrote msg# 1643 Date:3/18/2003 6:51:52 PM
Post #of 1648

EZ, finally got around to DD'ing LMIT, as always, looks like another great pick

The 2 S-8's look just about done

1.) 3,000,000
2.) 300,000

Total of 3.3M shares since Oct. 29th, we've traded 2.86M shares since then, should be getting close :)

Mar-17-03 0.03 0.04 0.03 0.03 402,000 0.03
Mar-14-03 0.04 0.04 0.04 0.04 186,700 0.04
Mar-13-03 0.04 0.04 0.04 0.04 500 0.04
Mar-12-03 0.05 0.05 0.04 0.05 7,500 0.05
Mar-11-03 0.05 0.05 0.04 0.04 59,500 0.04
Mar-07-03 0.08 0.08 0.05 0.05 67,300 0.05
Mar-05-03 0.1 0.1 0.09 0.09 17,000 0.09
Mar-04-03 0.09 0.09 0.07 0.09 341,200 0.09
Mar-03-03 0.12 0.12 0.07 0.1 52,100 0.1
Feb-28-03 0.04 0.14 0.04 0.12 790,400 0.12
Feb-27-03 0.04 0.04 0.04 0.04 10,000 0.04
Feb-26-03 0.04 0.04 0.03 0.03 31,300 0.03
Feb-21-03 0.04 0.05 0.04 0.04 22,000 0.04
Feb-20-03 0.06 0.06 0.04 0.05 26,000 0.05
Feb-18-03 0.05 0.05 0.05 0.05 1,000 0.05
Feb-14-03 0.05 0.06 0.05 0.06 31,400 0.06
Feb-13-03 0.06 0.06 0.05 0.05 25,000 0.05
Feb-11-03 0.06 0.06 0.06 0.06 100 0.06
Feb-10-03 0.08 0.08 0.06 0.06 45,100 0.06
Feb-07-03 0.09 0.09 0.09 0.09 1,000 0.09
Feb-06-03 0.09 0.09 0.09 0.09 12,500 0.09
Feb-04-03 0.09 0.09 0.07 0.07 3,000 0.07
Jan-31-03 0.09 0.09 0.09 0.09 2,000 0.09
Jan-30-03 0.07 0.07 0.07 0.07 100 0.07
Jan-29-03 0.09 0.09 0.09 0.09 2,000 0.09
Jan-24-03 0.09 0.09 0.09 0.09 77,500 0.09
Jan-21-03 0.08 0.08 0.08 0.08 13,700 0.08
Jan-17-03 0.08 0.08 0.08 0.08 200 0.08
Jan-16-03 0.09 0.1 0.08 0.08 120,000 0.08
Jan-13-03 0.08 0.08 0.08 0.08 36,000 0.08
Jan-10-03 0.09 0.09 0.09 0.09 97,800 0.09
Jan-08-03 0.09 0.09 0.09 0.09 5,000 0.09
Jan-07-03 0.09 0.09 0.09 0.09 5,000 0.09
Jan-03-03 0.09 0.09 0.09 0.09 1,500 0.09
Jan-02-03 0.09 0.09 0.09 0.09 1,500 0.09
Dec-31-02 0.09 0.09 0.09 0.09 2,400 0.09
Dec-30-02 0.09 0.09 0.09 0.09 1,000 0.09
Dec-27-02 0.09 0.09 0.09 0.09 27,500 0.09
Dec-23-02 0.09 0.09 0.09 0.09 1,000 0.09
Dec-20-02 0.1 0.1 0.09 0.09 2,000 0.09
Dec-19-02 0.09 0.09 0.09 0.09 17,000 0.09
Dec-18-02 0.09 0.09 0.09 0.09 15,300 0.09
Dec-17-02 0.09 0.1 0.09 0.1 8,000 0.1
Dec-13-02 0.09 0.09 0.09 0.09 6,200 0.09
Dec-12-02 0.09 0.1 0.09 0.09 79,000 0.09
Dec-11-02 0.07 0.07 0.07 0.07 4,200 0.07
Dec-10-02 0.07 0.07 0.07 0.07 8,000 0.07
Dec-06-02 0.1 0.1 0.07 0.07 3,500 0.07
Dec-04-02 0.07 0.08 0.07 0.08 13,500 0.08
Dec-03-02 0.07 0.07 0.07 0.07 1,100 0.07
Dec-02-02 0.07 0.07 0.07 0.07 1,300 0.07
Nov-27-02 0.07 0.09 0.07 0.07 15,100 0.07
Nov-26-02 0.11 0.11 0.1 0.1 10,000 0.1
Nov-25-02 0.11 0.11 0.11 0.11 5,000 0.11
Nov-22-02 0.11 0.11 0.11 0.11 10,000 0.11
Nov-21-02 0.11 0.11 0.07 0.07 3,400 0.07
Nov-20-02 0.11 0.11 0.11 0.11 10,000 0.11
Nov-18-02 0.08 0.08 0.08 0.08 20,000 0.08
Nov-15-02 0.08 0.08 0.08 0.08 10,000 0.08
Nov-13-02 0.08 0.08 0.08 0.08 5,000 0.08
Nov-08-02 0.08 0.08 0.08 0.08 5,000 0.08
Nov-07-02 0.07 0.07 0.07 0.07 26,000 0.07
Nov-06-02 0.05 0.06 0.05 0.06 2,000 0.06
Nov-05-02 0.05 0.05 0.05 0.05 2,000 0.05
Nov-04-02 0.06 0.06 0.06 0.06 22,500 0.06
Nov-01-02 0.07 0.07 0.07 0.07 25,000 0.07
Oct-31-02 0.06 0.06 0.06 0.06 300 0.06
Oct-30-02 0.06 0.06 0.06 0.06 4,000 0.06
Oct-29-02 0.06 0.06 0.06 0.06 5,000 0.06
2,866,200

Nice work superjim.

EZ

[eztradin]

Backgound/Business Summary

Business Summary

--------------------------------------------------------------------------------

CURRENT BUSINESS INFORMATION: Lumalite Holdings Inc. develops and markets tooth-whitening products and services through wholesale distributors, primarily to dental practitioners. The Company's current principal product is its LumaArch(TM) bleaching product and associated Xenon-halogen illumination system, which provides customers with tooth-whitening results that the Company believes are superior to those provided by the Company's competitors, based on, among other factors, its lower cost and the shortened period of time that the customer is required to spend in the dental chair during the whitening process. The Company intends to launch a number of complementary products to its current product and service offerings in the near future and intends to introduce company-owned and operated tooth-whitening centers in major retail locations as a store-in-store concept. LumaLite Inc. is a wholly owned subsidiary of the Company
The Company has focused its research and development activities on cosmetic and tooth-whitening solutions, and in late 2000, it commercially introduced its principal product, "LumaArch," a comprehensive tooth-whitening and bleaching system.
HISTORICAL BUSINESS INFORMATION: The Company, formerly Consolidated Silver Corporation, held mineral properties in Shoshone County, Idaho known as the Silver Summit mine. On November 14, 1995, the Company's stockholders approved the sale of its interest in the Silver Summit mine and adjacent mining properties located in Shoshone County, Idaho to Sunshine Precious Metals, Inc. for a cash payment of $750,000 plus a variable production royalty tied to the price of silver.
Following the sale of the Company's Silver Summit mine in 1995, the Company was actively involved in exploration and acquisition activities primarily in Mexico. The Company was unsuccessful in its exploration and acquisition activities and in the fourth quarter of 1997 became inactive.
In January 2002, the Company completed a private placement of 12,500,000 shares of its common stock with three accredited investors. The total purchase price for the shares was $500,000. The shares acquired by the investors in the private placement represented approximately 56.9% of the Company's currently outstanding shares of common stock.
In connection with the private placement, on January 25, 2002, the Company entered into an Agreement and Plan of Merger with LumaLite, Inc., ConSil Merger Corp., a wholly-owned subsidiary of the Company, and certain shareholders of LumaLite. Subject to the terms and conditions of the Merger Agreement, ConSil Merger Corp. merged with and into LumaLite, with LumaLite to survive the merger and become a wholly-owned subsidiary of the Company. LumaLite is in the business of developing, manufacturing and selling medical devices and ancillary services for the dental industry. The Company had no active business operations, and it was anticipated that the Company's post-merger business operations would consist of the operations conducted by and through LumaLite. The consummation of the merger was subject to a number of conditions, including the approval of the Merger Agreement by the stockholders of LumaLite and the approval by the Company's stockholders of a 1-for-25 reverse split of the Company's common stock. Once the merger was effective, all of the issued and outstanding shares of common stock of LumaLite would be cancelled and converted into and become a right to receive, in the aggregate, 17,800,000 post-reverse split shares of the Company's common stock.
In connection with the merger, the Company assumed all then outstanding options to purchase LumaLite's common stock and reserved for issuance an aggregate of 98,298 post-reverse split shares of its common stock in respect of such options. As a result, the LumaLite stockholders have significant control over the Company's business and operations, including the right to elect its board of directors.
In February 2002, the Company filed a PRER 14A revised preliminary proxy. Shareholders were asked to approve a 1-for-25 reverse split in the Company's common stock. The Company stated its desire to increase the Company's bid price to meet a Nasdaq listing requirement. The shareholders were also asked to approve a name change to LumaLite, Inc., to adopt new Articles of Incorporation and Bylaws and to change the Company's state of incorporation from Idaho to Nevada.
In April 2002, LumaLite Holdings, Inc. closed the merger of its wholly-owned subsidiary, Consil Merger Corp., a Nevada corporation, into LumaLite, Inc., a California corporation. As a result of the merger, the LumaLite stockholders have significant control over the Company's business and operations, including the right to elect the Board of Directors. LumaLite was founded in 1999 for the purpose of developing advanced device technologies for the medical and dental industries. The name of the surviving company would be LumaLite Holdings, Inc. and the stock would be traded on the Over-the-Counter Bulletin Board under the symbol LMIT.
In May 2002, LumaLite, Inc. became a wholly owned subsidiary of the Company, through the completion of a reverse merger with Consil Corp. The surviving corporation as a result of the merger was a Nevada Corporation named LumaLite Holdings, Inc. which now trades under the new OTCBB symbol "LMIT." LumaLite's corporate, research and development and manufacturing operations are located in the San Diego area community of Spring Valley, California. Under the terms of the merger agreement and ancillary transactions, which include a 25 for 1 pre-merger reverse split and a $500,000 pre-merger private equity placement, LumaLite received 17,800,000 post-reverse split shares in a stock for stock exchange.
December 19, 2002, LumaLite Holdings, Inc. filed an S-8 registering 353,947 shares of common stock issuable under Four Services Contracts.

EZ

[eztradin]

originunknown

Have to like the charts.

EZ

[eztradin]

Thanks Ruellit. Not too many profitable
BB stocks out there period. :)

EZ

[originunknown]

I am now watching it. Thanks EZtradin. eom

[Ruellit]

I've been watching LMIT ever since you first mentioned it on one of the other boards! I like it!

[eztradin]

Profitable; although sales have slowed.


(Unaudited) (Unaudited)
For the Three Months For the Nine Months
Ended September 30, Ended September 30,
----------------------------------- --------------------------------------
2002 2001 2002 2001
------------------ ---------------- ------------------ ------------------

Revenues $ 502,477 $ 1,664,542 1,663,529 $ 2,911,312
Cost of revenues 400,610 620,763 867,264 1,286,065
------------------ ---------------- ------------------ ------------------
Gross Profit 101,867 1,043,779 796,265 1,625,247
------------------ ---------------- ------------------ ------------------

Expenses
Sales and marketing 91,802 193,219 369,032 359,793
Research and development - 10,082 83,548 34,074
General and administrative 33,009 448,236 280,621 585,791
------------------ ---------------- ------------------ ------------------

Total costs and expenses 124,811 651,537 733,201 979,658
------------------ ---------------- ------------------ ------------------

Other Income (Expense)
Interest income 1 388 462 1,058
Interest expense (4,573) (12,618) (5,243) (12,618)
------------------ ---------------- ------------------ ------------------

Net Other Income (Expense) (4,572) (12,230) (4,781) (11,560)
------------------ ---------------- ------------------ ------------------

Income taxes
Federal (8,000) 129,000 21,000 215,000
State (2,100) 30,000 4,700 50,000
------------------ ---------------- ------------------ ------------------

Total income taxes (10,100) 159,000 25,700 265,000
------------------ ---------------- ------------------ ------------------

Net Income (Loss) $ (17,416)$ 221,012 $ 32,583 $ 369,029



If you can't read this...go to their filings...they have a
profit of 32,583 vs. a profit of 369,029 LY.

EZ

[eztradin]

Price of stock on 12-19-02

From Historical prices(Clearstation):

Dec 19 2002 0.09 0.09 0.09 17,000

EZ

[eztradin]

12-19-2002 S-8
This is over now.


CALCULATION OF REGISTRATION FEE
PROPOSED
MAXIMUM PROPOSED
TITLE OF OFFERING MAXIMUM AMOUNT
REGISTRATION SECURITIES TO AMOUNT TO BE PRICE PER AGGREGATE OF
TITLE OF PLAN BE REGISTERED REGISTERED SHARE OFFERING FEE
------------------- ------------- ----------- ---------- ----------- ------
Four (4) Services Contracts Common Shares 353,947 $0.085 [1] 30,085 [1]

EZ

[eztradin]

Share Structure.


OTCBB: LMIT
Total shares outstanding: 28,501,692
Total free trading shares in the float: 10,201,692

EZ

[eztradin]

Website

www.luma-lite.com

EZ

[eztradin]

March 2003 P.R.

Press Release Source: LumaLite, Inc.


GentleBright(TM) and StayBright(TM), Newly Released Whitening Products is a Show Stopper at the Chicago Dental Society Annual Meeting
Monday March 3, 3:15 pm ET


SPRING VALLEY, Calif., March 3 /PRNewswire/ -- GentleBright(TM) a revolutionary new In-Office tooth whitening product and StayBright(TM) a professionally dispensed take-home whitener was greeted with rave reviews by both Dentists and dental dealers alike at the Chicago Dental Society's Annual Meeting which began February 27, 2003.
ADVERTISEMENT


LumaLite, Inc. "The Technology Leader" has introduced and is shipping a patented in-office tooth whitening material which does not contain peroxide, eliminating tooth and gum sensitivity during dental tooth whitening procedures. The complete whitening process takes less than an hour. The Company's patented take-home whitener, dispensed only through the professional dental office allows patients to whiten their teeth at home with no messy trays and no patient sensitivity reported.

Mike Jackson, President of LumaLite, stated that with the GentleBright(TM) kit and the StayBright(TM) whitening enhancer the time required for the Dentist to perform in-office whitening and take-home whitening has been shortened and offers a significant lower cost to the Dentist. Orders have been placed by most major dental dealers.

In the October 2002 article "Trends in Dentistry" there has been a 12% growth from 40% to 52% in Dentists offering in-office tooth whitening procedures between 2000 and 2002.

At the request of the company, S.B. Cantor has agreed to make a market in LumaLite Holdings, Inc.'s (OTC Bulletin Board: LMIT - News) stock.

About LumaLite, Inc.

LumaLite Holdings, Inc. (OTC Bulletin Board: LMIT - News; www.luma-lite.com ) is a leading, vertically integrated provider of comprehensive tooth whitening products and services sold through wholesale distribution to dental practices. Based around its proprietary LumaArch bleaching product and associated Xenon- halogen illumination system, the LumaLite process offers customers superior whitening results in less time and at a lower cost.

EZ