Laser Energetics, Inc. (LNGT)

[DataNet2013]

There is absolutely an expiration date on the agreement. If one or the other (or neither) can deliver the. They will part company.

The real question is what was promised to the other and what is/was expected in return? I suspect bob was expecting caci to fund their operations pending the first big sale. Much to the contrary, I suspect caci wouldn't dream of paying anything upfront with no hard orders in hand.

My DD tells me that LEI has to take the lead on this Marine Corps RFP and this is contrary to the agreement that caci and lei have in place. It was always intended that caci would sell to the to government and lei would just provide the lasers. Since lei has to do the selling to the Marines, either caci is out in the cold or they have to reverse roles. That can be tricky and I'm not sure lei has the acumen to front the whole operation. They can rely on caci to prop them up, but it ultimately falls on LEI to sink or swim. I think they are looking for their water wings.

I suspect the expiration date on this relationship is May 24th, the day the marine proposal is due. If they can't successfully get their acts together in their new roles then they will part ways. All, IMO, of course.