Luminart Corp. (fka LUMP)

[Rob_]

Wow. I guess we all knew this would be a bad quarter with the long winter. Aggregate was buried beneath feet of snow and there is little to no road construction. But a loss of 1 million is not what I expected. I wish they would breakdown the expense numbers a bit. I wonder how much of the expense the last two quarters was due to construction of the man camp which is supposed to operational by now. Hopefully that will turn from a cash drain into a positive cash flow. Things should pick up this summer. Monson plus LUMP revenue was 16 million last year so if they can realize some efficiencies after the merger and get some new contracts they should be able to grow out of this deficit they ran the last two quarters.