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We have received a number of phone calls and emails regarding the recent weakness in LMMG's stock in the past few days.
We know of no reason why the stock has declined on low volume (for example, yesterday's volume was under $47,000 worth) other than a few investors who have a sold into a currently illiquid environment exacerbated by no new news out of the company since its last financials were filed. However, the company continues to work towards building on its revenue growth through more network deployments, which will be announced as those contracts are signed and the Press Releases are approved by the new client and the company.
LC Group, Investor Relations for LMMG, is pro-actively working to build awareness of the new LMMG investment story. For example, we are currently in NYC attending the ValueRich SmallCap Expo (www.vrexpo.net) to meet with investment newsletter editors and microcap research firms. Positioning the public company, LMMG, as a new company with the recent acquisition of IMPART(with a 22 year track record and operational results that have broken into a cash flow positive position} is a necessary step into attracting a wider investor audience. And with that wider audience comes investor demand to offset sellers that may use part or all of their LMMG position for bills, another investment etc. This supply/demand equation can shift dramatically as the wider audience is introduced to a company with: New corporate clients such as Shop 'N Save Wholesale Foods which affords LMMG the opportunity to expand the business conducted with these new clients. Third Quarter Financials that will include Media Side Street and iPoint Networks in the revenue and bottom line numbers a Letter of Intent to acquire on Port Authority of New York (PATH) digital media contract with inTransit Media (www.intransitmedia.com) digital media and dynamic media product offerings for airports, retailers (i.e.. Neiman Marcus), Government buildings, grocery stores and banks (i.e.. Washington Mutual and Hibernia banks) a building presence in a rapidly growing sector---the digital media sector---a sector that is being recognized as an increasingly important application for advertisers and business. A recent digital media IPO of a company in China (Focus Media Holdings, NASDAQ: FMCN) is an example of the potential size and shows how pervasive digital media will become in the US. LMMG is in the sector, now with a track record derived from the IMPART connection, to take advantage of these many opportunities an annualized revenue run rate of $8 Million (derived from previous public pronouncements) and, above that rate when factoring in the "LMMG side" such as the Shop 'N Save and inTransit agreements rapid growth, yet trading at less than 2 times projected revenue (assuming $8 million revenue). Of course, as new contracts are signed, that Price to Sales Ratio becomes even more attractive. As a frame of reference, FMCN has a Price to Sales Ratio of 5-6. LMMG is scheduled to be interviewed by a printed interview transcript publication directed at microcap managers in the near future to continue the company's pro-active program to present itself to the investment community and the tremendous impact that the Impart, iPoint Networks and Media Side Street acquisitions bring to the LMMG investment thesis--- revenue, profits, technology, cash flow, various growing sectors (i.e.. the retailers, airports, etc.).
We have follow-on discussions scheduled with certain contacts coming out of the NYC conference attended yesterday and will attend today. An audio interview will be scheduled after the next press release, and are planned after most of the next few press releases. Any investment newsletter coverage or mention will also be communicated to investors, along with any broader media coverage
All individuals on the LC Group email list will be informed of these interviews. Anyone who is not on the e-mail list, but would like to be added, please just send an e-mail to LCGroup@mindspring.com.
LMMG may not be a new investment idea with current investors, but, obviously, to new or potential investors it is a new investment idea and that transition to communicating that positive, new story is just beginning.
Please do not hesitate to contact us at 404-261-1196 with any questions.
LC Group Thank you, Rick Lutz LC Group (404) 261-1196
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