Don --
I appreciate your clear response. I took issue with the posted "news release" because of its excessive dropping of names and industry sectors hoping to gain credence by association --- similar to your saying Cisco could be a potential buyer since their CDN CEO is on the board. If Cisco bought every company on whose boards their managers sit, they'd be 100X larger than they now are.
I'm trying to get beneath the "we're fantastic because we're photonics" claims and see what the company has. It may be a screaming buy, but I want to know exactly what they have, who wants it, when they'll have it, and what price they'll pay. I asked several at the top components/sub-systems companies and they shrugged their shoulders and said something to the effect that it was probably smoke.
Molex, in the agreement with LUMM has the right to receive the first year's production of LUMM's 8, 16 and 32 channel chips. LUMM also makes 4, 40, 64 and 128 channel chips. They can market those on their own, and intend to do so.
Which of these chips is in production now? What are end products for those that are shipping? What are revenue estimates for the current quarter? For the FY? And most importantly, what certifications does the company have, both on production facilities and on individual products?
In fiber optics, it's important to leap-frog the competition as it's close to impossible to break into a sector where the incumbents are certified.
And, again, how will LUMM attract interest under their current arrangement with Molex that has them locked up for a year? Molex has nothing to lose. Lumenon does.
Thanks for your patience in answering my questions.
Pat
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