AEye Inc (LIDR)

[Invest-in-America]

LIDR: The Firm ITSELF discloses their clever ruse in the opening paragraph of their 5-9-24 (today) "news" ---

"DUBLIN, Calif., May 09, 2024--(BUSINESS WIRE)--AEye, Inc. (NASDAQ: LIDR), a global leader in adaptive, high-performance lidar solutions, today announced that the non-binding Letter of Intent ("LOI") announced in March is with LITEON Technology Corporation and is intended to provide AEye with a customer channel and industrialization partnership. Both companies will work together to supply AEye’s 4Sight™-based lidar products to automotive original equipment manufacturers ("OEMs") who are focused on safety through automotive Advanced Driver Assistance Systems ("ADAS"). This is a logical collaboration as AEye continues to focus on its unique capital light business model, which leverages automotive Tier 1 partnerships to deliver AEye’s lidar solutions to OEMs through world-class pipelines."
https://finance.yahoo.com/news/aeye-announces-partnership-leading-automotive-210000423.html

Can YOU yourself not see that --- even on this present 5-9-24 date --- the LIDR Firm still does NOT yet have a cemented CONTRACT of any type with their (merely intended) supposed partner???? Also very odd, is that LIDR evidently NEVER DID (publicly) "announce" during this past MARCH of 2024 their supposed intention to eventually "collaborate" with "LITEON" company regarding ANY type of activities. Indeed, my detailed SEARCH of LIDR's own website's listing of their PRESS RELEASES going back way past March of 2024 disclosed NOTHING about the March (purported) "announcement" which they claim they made in their PR of today!!!!!