First, I must say that you asked some great questions and that you came off as very intelligent.
Moving on to the inventory, they said they were making the largest production run in company history in order to have the units ready for anticipated orders. They didn't say "we're underway on the largest purchase order in company history". I believe they brought up the long lead times to say that most of those components had already been procured and that, luckily, they were cheap.
Maybe it was poor wording, but the way he said it would lead one to believe that they would have a significant amount of inventory, in all levels, on hand by the date of the 10K.
I've pointed this out before, but their margin is around 25% (they want to get it to 50 but it isn't there yet) so they wouldn't have been able to meet a very large order at the time of the last release. The hope would be that that will change in a few weeks when we get a look at Q1.
