Stockguru.com: Lumonall Inc. is in the StockGuru Spotlight for August 27, 2009

Aug 27, 2009 (M2 PRESSWIRE via COMTEX) --
LUNL | Quote | Chart | News | PowerRating -- DALLAS, TEXAS : StockGuru announces that Lumonall Inc. (OTCBB: LUNL | Quote | Chart | News | PowerRating) is in the StockGuru Spotlight. Lumonall, Inc. leverages nearly 20 years of innovation and development in manufacturing, photoluminescent technology, and safety products. Using the company's proprietary PLM formulation, Lumonall intends to internationally market low cost, high performance photoluminescent Exit Signs and Safety Way Guidance Systems. The company's PLM formulation meets all current building code standards.

On Wednesday, the company put out news announcing that on August 20, 2009, it entered into an Outsourcing and Royalty Agreement (the "Agreement"), with a newly formed entity called Lumonall International Corporation ("Lumonall International"), to outsource the exclusive distribution of its Lumonall and Prolink branded photo luminescent signs and safety way guidance products in North America. Lumonall International is owned and managed by the principals of Vecture Inc. ("Vecture") a Toronto area electronics design and contract manufacturer. Pursuant to the terms of the Agreement, the Company outsourced its operations associated with the purchase and resale of all its current products to North American markets except for all levels of Canadian governments and their agencies. In exchange Lumonall International agreed to pay the Company a royalty over a 10 year period. The royalty will be calculated as 10% of gross margin. Lumonall International acquired certain inventory for cash and the tradename "Lumonall" in exchange for a secured 5 year $200,000 interest bearing promissory note.

Shares for Lumonall Inc. (OTCBB: LUNL | Quote | Chart | News | PowerRating) were up during the late afternoon of trading on Wednesday and closed slightly up at closing.

To view our StockGuru Spotlight on Lumonall Inc. (OTCBB: LUNL), please visit: http://www.stockguru.com

What is the StockGuru Spotlight? The StockGuru Spotlight features stocks that we expect some action in. Generally speaking we expect a strong showing in the market based on the market, our knowledge of the stock and the buzz in the markets. Many times these will be stocks that have big news out recently, there is fresh interest in getting the word out on these stocks or we hear a buzz in our day to day contacts on these stocks. If we think it is going to move or see action, we put it in the StockGuru Spotlight. If we are compensated for a stock in the Spotlight, it will be clearly disclosed within this Spotlight Announcement.

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