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yamasushi

11/02/16 8:49 AM

#99641 RE: rige #99629

I think part of the reason for the silence was LM waiting for Lugee to complete his transaction and get the 55mm in the bank. If I was a potential LM customer thinking about ordering 500,000 / 1mm LM parts on a yearly basis I'd like to see a very strong balance sheet before signing the contract. No client in their right mind would enter into a multi year contract with a penny-stock company that had less than 5mm on their books. Now that Lugee is fully on board/ we have 60mm cash/ 2 new impressive BOD's and Lugee's desire to get LM listed back on the NASDAQ exchange we should be hearing news in rapid order.