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Luxor Industrial Corp. V.LRL


Primary Symbol: LXRRF

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

Comment by Lderk5on May 19, 2017 11:48am
338 Views
Post# 26264738

RE:RE:RE:Is It Over?

RE:RE:RE:Is It Over?It is actually simple and obvious if you know the industry and the business. 1. Luxor had no real experience in manufacturing walls, trusses, site framing, or materials distribution. 2. millframe expertise in this was limited as they had never run a busiess of any real size. 3. Neither Luxor or Millframe were really that astute at business in general. Look at Luxors financials over the past ten years and that should pretty much draw the picture. 4. Their facility was leased...over priced lease at that. 5. Their state of the art equipment was 10 years old and not even paid for. I could go on and on. When you see guys like Ryan Irvine recommend them you really have to wonder if: 1. Is he getting paid? 2. Is he completely lazy? 3. Is he utterly stupid? My guess is all three. I never owned the stock but i watched the show from the beginning. It was interesting as an investor to see the hype on one hand and have boots on the ground to see the disconnect between reality and what people want to believe.
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