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Lumine Group Inc V.LMN

Alternate Symbol(s):  LMGIF

Lumine Group Inc. is a Canada-based company. The Company is engaged in acquiring and growing vertical market software businesses in the communications and media industry. It is engaged principally in the development, installation, and customization of software and in the provision of related professional services and support for customers globally. It also provides access to capital for organic and merger & acquisition (M&A)-related investments and assist with the professional development and training of management teams. The Company's portfolio of companies consists of Axyom.Core, Motive, RazorFlow, SpatialNetworX, Openwave, Titan.ium platform, WideOrbit, Wiztivi, TOMIA, Incognito Software Systems, MDS Global, Ubersmith, WDS mobile, Lifecycle Software, Velovix, NetEngage, Tarantula, Flash Networks, TransMedia Dynamics, VAS-X, Collab, Neural Technologies, Telepin, Netadmin Systems, Sicap, Advantage 360, Kansys, Aleyant, Avance Metering, and Symbrio.


TSXV:LMN - Post by User

Comment by lotus1on Jan 15, 2025 7:07pm
24 Views
Post# 36406156

RE:Reversing

RE:Reversing There was a NR from Lumine Group, a few weeks ago, about their CEO taking a TEMPORARY leave of absence, for personal reasons. The COO ( very experienced and in his role for several years) was reported to be In- charge, while CEO is away.

The stock has been drifting lower, since this news.

It turns out that the CEO took leave due to medical reasons and is expected back soon, in February. ( Jordan Zindberg mentioned this on the BNN/Market Call, Today).

So, it seems like business as usual with the Company with no reason to panick and stock should recover, in the near future.
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