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Re: chipboarder post# 204209

Tuesday, 10/27/2020 8:40:52 PM

Tuesday, October 27, 2020 8:40:52 PM

Post# of 232785
You are correct. The non-sales cash inflow is important in the sense you mention, and it was a good move on the part of Lugee to set up that stage, but it will mean nothing to the share price compared to the sales revenue reported in the Q3 data.

If their total sales revenue for the quarter is a piddling $100k - $150k, we will see the share price drop back to 6 or 7 cents, even if they hold out the promise of additional business "in the future."

After making a big splash with their announcement last quarter, they either deliver good sales numbers or languish on the vine. The announcement of their first volume, recurrent monthly order placed them at the point at which the rubber has hit the road. The time to hide behind non-sales cash inflow is over. -- Just my $.02.

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