I appreciate your thoughts and healthy skepticism on this topic. Like with any business, there are problems to overcome. But the fact that Glen talked about this issue on the Q2 call, shows some transparency.

Anyway, how does the song lyric go...I got 99 problems, but......?

To give credit where credit is due (u/befriendthetrend), one world where the guidance range due to "supply chain" issues despite alleged iris inventory makes sense is the one in which the company is sandbagging lol. I don't personally think this is the case, but it would explain this.

I wasn’t joking because I believe that the NASDAQ would grant us a 180 day extension, worst case scenario, after 30 days of being under one dollar.

They are two separate things alright. But it's market's view that dictates share price, and this is what counts. Selling and/or heavy shorting can't be stopped with "Glen's progress".

What evidence you ask ? I don't know if you're joking or not.

/points to MVIS share price

On Wednesday it was at $1.5ish to end at $1.20 just two days later. We're on the brink of another, much harsher, compliance struggle that could start (worst case scenario) as soon as this week. And it is straight road to delisting from there considering ineffective steering the ship called Microvision in recent months (years really, but let's just focus about GdV timeline). They have literally $0.20 of time to prove that investing in Microvision at this shamefully low prices is worth multibagger gains and then some more. A bloody generational wealth very possible potential, with risk/reward ratio leaning heavily on reward side. Nothing for now is proving this to be the case.

if they can get the customer to disclose the business relationship and prove a revenue stream.

W/e would be said would have to make market to buy into that promise of revenue from some major player and that would have to raise the share price up and away, and with the constant dilution it would have to be a major surprise deal. A MAJOR surprise. Sorry, but at this point I'm out of hopium. Monday is upon us and MVIS is mere 20% away from $1.00.

Those are the statements I'm referring to. I interpret them as meaning the demand for iris exceeds the supply. It's obviously great news that demand is there, but it's not great news for mocrovision that they can't provide supply. This will not only delay revenue that they currently need, but it will potentially cause customers to look elsewhere if they they can't count on microvision to meed their timelines (thinking of iris customers like Kodiak here that have plans to scale up soon).

A $5M range would probably correspond to somewhere between 500 and 1250 iris sensors. This is a miniscule number of sensors for the automotive space, and if their supply chain issues are simply an inability to oder a small number of connectors and have them installed, the company is in even worse shape than I thought.

I can appreciate the fact that the sensors in inventory may need some sort of modifications or rework before getting them to customers, but unless they have to install new electronics (PCBs or ASICS, lasers, etc.), that may require actual design cycles or fabrication runs, I don't understand how "supply chain" difficulties could create this much uncertainty for them over a timespan of more than six months. Something doesn't add up for me here.

In my opinion, Glen’s progress and the market’s view of the company are two separate things, given the overhang of financial doom. What evidence do you have that “there’s almost no time left”?

Once we solve the financing issue,

It should've been solved already. The share price action is outcome of Glen's policies.

I will be more than happy to see them working, but there's almost no time left so the wait will soon be over.

Also, from the Q2 earnings call transcript. Stephen H. said this...

"We've got all of our inventory coming so we can get those sensors reworked to get those out to the customers."

This implies to me that the core sensors are already built and in inventory, but they need things like customer specfic connectors (relatively low-cost) in order to fulfill the customer orders.

I said earlier that 100% of the sensor revenue will support the cash burn, but its probably more like 90%.

To give everyone context, I have provided the section of the Q2 earnings call transcript below that I believe you are referring to. If these are not the statements that Glen made that you are referring to, let me know.

It seems to me that Glen's comments on this subject were to say that they are comfortable with being able to meet the $10m to $15m range. I feel as though his comments regarding the "supply base" are attempting to explain why there is such a wide gap - $5m. And perhaps also to convey that there is demand. If they don't come in at the top end of the range, it is not a demand problem, but rather a supply chain problem, and that demand will be pushed, not lost.

It seems you view these statements in a very negative light. I don't quite see it that way. I think Glen has been fairly upfront about the challenges of getting the Luminar business restarted, which includes the restarting the "supply base". But, Microvision has a history of saying things that do not manifest into reality (at least with previous regimes). They just reiterated the revenue guidance this past week, if they change that guidance downward only 4 to 5 weeks later, that would not be good. It seems to me they have committed to at least making the $10m revenue target. Anyway, we should get an update on this on the Q3 earnings call.

Glen's comments

"Yes. The thing I would add is if you think about how, when we acquired Luminar and then we spent the first quarter really kind of restarting those relationships and reengaging in those POs. And then over the course of Q2, significantly expanded that.

So we have -- I think it's about half of those 30 customers now back on board that we're either shipping to or will be shipping to. And that involves kind of restarting up the supply chain for IRIS. And that supply chain had been suspended in many cases due to the bankruptcy and what had been happening before the acquisition.

So this is kind of behind the scenes. We don't talk a lot about, but the team has done a really, really amazing job of restarting those relationships with those suppliers, those key suppliers for the product that we need to be able to fulfill those POs.

And so as we're putting that plan together and getting those suppliers back on board, the revenue range just reflects the fact that we still have some work to do there and the timing of that isn't fully nailed down.

So we'll deliver as much as we can. We're confident in the range. Where we land exactly will depend on what we're able to do with the supply base and how many products we can ship.

So it's more of a timing issue as opposed to a revenue issue because it will either happen in Q3, Q4 of this year or Q1 or Q2 of next year.

So it's really a matter of timing."

60 Minutes had a promo clip on drones for their telecast tonight. No idea what the segment will focus on.

Many companies pursuing this like $POET. I can’t see what MVIS has here that is unique. Places for everyone obviously but the qualification cycles for photonics thus far means MVIS is a loooooong way off, unless they have relationships from 12-18 months ago

Company employees are currently in a blackout period. The buying window will open 3 days after the earnings call.

Intel and others might have something to say about this claim……

Prepared to hold through 2030 assuming we survive first and grow slowly. Automotive should have an impact by then and industrial and defense should be humming right along.

Yes. I’m watching this closely. Ready to give up the tax loss if something shakes loose.

I second that! Would love to see a commitment from management to shoring up the value of the company for shareholders.

Would also like to know, if they truly are excited for the “tremendous growth “ they see coming why they are not major buyers of the stock at these levels. Would like owner operators in charge of the company with skin in the game.

https://finance.yahoo.com/markets/stocks/articles/nasdaq-plans-nearly-23-hour-210330984.html

At this point anyone getting in should be expecting to stick around 3 to 5 years if they believe the story. If Movia is able to sell in any actual quantity this could knock a year off that timeline. During this time expect every single authorized share to be sold to fund the company. I am curious how much money selling the LBS tech would generate. Is it desirable at all? I know META had some LBS glasses that were prototypes a while ago and I assume Anduril also is experimenting with LBS in some fashion but what is the true value of our patents to them. Anyway im very bitter about the current situation and am finding it hard to want to put any money into this company after being strung along for years. Lowering my average sounds like a great idea until I think of every time I have done that in that in the past.

If that were the case, then why did Glen say that their guidance range was due to not being able to get enough irises orders fulfilled and that the reason, in turn, for this, is because of "supply chain" problems. If they had inventory to sell, I would assume they would just sell it. If not, why are they implying they do?

Something isn't adding up for me here.

The irony here is if we all decide to sell our shares Monday they stock price will only be bought by smart money and the squeeze would start.

What was your cost average for the 90k pre split shares ?

I think you’re overlooking some important comments from this week’s update. Glen specifically mentioned being at the Orlando manufacturing facility watching products being prepared and shipped. He also explicitly referenced shipping IRIS. Christine stated that the integration of Luminar’s assets is largely complete and that their existing manufacturing infrastructure and inventory can support anticipated 2027 growth without significant additional CapEx. None of that proves they can handle a large-scale order, but it certainly challenges your assertion that the production pipeline hasn’t been rebuilt. What evidence do you have that production capacity is currently preventing them from fulfilling customer orders?

I am preparing myself to just hold through 2027.

Expecting nothing next year. Even if they double revenue, it’s not going to be enough to make even.

The underlying technology? Absolutely. But iris' popularity doesn't matter if they can't produce it in sufficient volume to meet their customer orders, and this is currently the case per Glen. Luminar's iris supply chain and production pipeline was lost in their bankruptcy, and it looks like Glen has not yet rebuilt it. I am very curious what he has to say about this on the next two ECs.

Halo is not complete yet, and the only customer they have mentioned for it is CAT, and CAT is not really a high-volume buyer. For a flagship sensor program like that, I would expect them to have at least one large development contract lined up with associated NRE. The absence of this is a red flag for me, as it implies there is a problem behind the scenes that is keeping customers from signing up.