LIKE the reduction in Cost of Sales. Over the past 9 months over $1 million in quarterly Operating Expenses have been cut.
LIKE the increase in Gross Profits. Gross profit has increased from a negative ($1,388,134) to a positive $206,970 a difference of over $1.5 million in the right direction, sweet!
LIKE the increase in Cash.
LIKE the increase in Current Assets!
LIKE the new COO Jerry Morrell is brings in tons of operational experience and industry connections.
LIKE the no nonsense attitude. No fluffy press releases, just nose to the grind stone hard working and reporting.
DO NOT LIKE the name. The name Luminart clearly no longer represent the business, perhaps changing to Outwest Gas and Oil Field Services. Its like a man named “Sue”.
The stock price is undervalued, cheap for better word.
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