Luxor Industrial Corp. V.LRL

Primary Symbol: LXRRF

Building Materials Building Materials

Luxor Industrial Corp is a Canada-based company engaged in the manufacturing and selling of wooden building components including an engineered bridging system and architectural wood products. The company also involved in a stock glulam beam distribution program.

EXPM:LXRRF - Post by User

Luxor Industrial Corp. > Talking of quarterlies...

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Comment by mjh9413on May 27, 2016 9:58am

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Post# 24909825

RE:RE:RE:RE:Talking of quarterlies...

I know it is moot me making following comments but... They were on the hook for the first 5MM shares. Are they going to give Conboy cash, and from where, borrowings? Using a 20c deemed share value, that's $1MM or $2MM, but Conboy is already better off with shares? No answer is required as we just don't know. What is important, are the margins on new business, which we will soon know, and this includes size of increased costs associated with new business, and the need for ongoing additional new business I trimmed a little in the 30's.GL

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