Luminent Mortgage Capital, Inc. Files 2007 Third Quarter Form 10-Q
27 Dicembre 2007 - 9:12PM
PR Newswire (US)
SAN FRANCISCO, Dec. 27 /PRNewswire-FirstCall/ -- Luminent Mortgage
Capital, Inc. (NYSE:LUM) filed its 2007 third quarter Form 10-Q on
Thursday, December 27, 2007. As announced on November 12, 2007, The
Company's filing was delayed due to a change in its independent
registered public accounting firm and additional time was needed to
allow the new accounting firm, Grant Thornton LLP, to complete
their review procedures. This filing can be found on Luminent's
website at: http://www.luminetcapital.com/. This news release and
Luminent's filings with the Securities and Exchange Commission
contain forward-looking statements that predict or describe future
events or trends. The matters described in these forward-looking
statements are subject to known and unknown risks, uncertainties
and other unpredictable factors, many of which are beyond
Luminent's control and are based on the information currently
available to Luminent's management. Luminent faces many risks that
could cause its actual performance to differ materially from the
results expressed or implied by its forward-looking statements,
including, without limitation, the possibilities that interest
rates may change, that principal payment rates may change, that
Luminent may experience unanticipated margin calls, that the
collateral securing its indebtedness may become illiquid with a
resulting drop in value, that Luminent may not be able to maintain
its qualification as a REIT for federal income tax purposes, that
Luminent may experience the risks associated with investing in real
estate, including changes in business conditions and the general
economy, and that Luminent's strategies may not be effective
(including portfolio management and hedging strategies and strategy
to protect net interest spreads). Luminent's filings with the
Securities and Exchange Commission contain a more complete
description of these and many other risks to which Luminent is
subject. Because of those risks, Luminent's actual results,
performance or financial condition may differ materially from the
results, performance or financial condition contemplated by its
forward-looking statements. The information set forth in this news
release represents management's current expectations and
intentions. Luminent assumes no responsibility to update or revise
any forward-looking statements, whether as a result of new
information, future developments or otherwise. Contact: Christopher
J. Zyda Senior Vice President & Chief Financial Officer Phone:
(415) 217-4500 Email: DATASOURCE: Luminent Mortgage Capital, Inc.
CONTACT: Christopher J. Zyda, Senior Vice President, Chief
Financial Officer of Luminent Mortgage Capital, Inc.,
+1-415-217-4500, Web site: http://www.luminentcapital.com/
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