I only hope the sheeple out there read this PR and buy this reverse-merger POS, and give me some nice >$10 upticks....please please please!
I pray, of course, that the sheeple are too stupid to note this line in the PR:
announced the receipt of an initial order for a customized AWG (Arrayed Waveguide Gratings) sample product.
This great sentence contains the truth of this latest LUMM pr...the "order" is only for a sample, built to a custom specification. In case you are not familiar with how engineers buy samples, here is a pretty good simplification:
Engineer "Hey I need to find a waveguide for my companies hot new product" Purchasing Dept. Functionary "OK, which one" Engineer "I don't know, buy me 1 of each one you can find with these specs, and then I will choose the one that works best for us" Purchasing Dept. Funcitonary "OK, I will call every company in the space and ask them to design a waveguide to our custom specs, and then I will buy a sample."
Folks, this is NOT a production order, its not a volume order, it is, however, a very funny press release that makes me laugh.
Buyer Beware! |