It sure would be nice to hear some news about LUNA deal with ISRG !
THIS is from 8-k in june 07
5.4. Intuitive Purchase .
5.4.1. Interrogators. Except in the event that Intuitive exercises the Standby Rights set forth in Section 8.3, Intuitive shall exclusively purchase all its reasonable commercial requirements of Interrogators from Luna, provided that the Luna Products under this Agreement meet the Luna Product Specifications.
-------------------------------------------------------------------------------- 5.4.2. Minimum Annual Commitment . Without limiting its obligations set forth in Section 5.4.1 above, Intuitive shall purchase no less than [****] Interrogators from Luna during the [****] Period. The following schedule (the “ Minimum Annual Commitment ”) is a preliminary forecast based on current information and is subject to change based on the Parties’ mutual agreement:
Calendar Year Minimum Annual Commitment
5.4.3. Luna-Product Sensors . Luna shall have the right of first proposal and the right of first negotiation to supply Intuitive with Sensors for the Luna Product, and Intuitive shall negotiate in good faith the terms of such supply with Luna. If, despite their good-faith efforts, the Parties are unable to enter into any agreement regarding the supply of Sensors from Luna, then Intuitive shall have the right to acquire Sensors from a third-party vendor. Notwithstanding anything in this Agreement to the contrary, in the event that Intuitive purchases Sensors from a third-party vendor, Luna does not guarantee, represent or warrant (and affirmatively disclaims any guaranty, representation or warranty) that the combination of such third-party Sensors will be compatible with the Interrogators or that the integrated Shape-Sensing Product will meet the Luna Product Specifications.
5.5. Forecasts . At least forty five (45) days prior to the anticipated date of Intuitive’s first customer shipment of an Integrated Product, and by the tenth day of each calendar month thereafter, Intuitive shall provide Luna with its best, good-faith rolling forecast showing Intuitive’s anticipated requirements of Luna Product for each of the next twelve (12) calendar months (including Intuitive’s anticipated required delivery dates) (collectively, the “ Forecasts ”). Forecasts are for Luna’s planning purposes only and shall not constitute a binding obligation upon Intuitive or Luna. If Intuitive believes, in good faith, that the information provided in any Forecast is no longer accurate, Intuitive shall promptly notify Luna and provide Luna with a revised Forecast.
Don't worry baby. You did mama a good turn and now mama is gonna pay you back. Mama was a buyer today and I'm not a patient lady. You'll see Carlo dear. Don't fret. Things will happen very quickly. Just leave it to mama. Talk to you soon baby and thanks for all you do.
If you watched level 2 this morning the price drops a few cents and then there was a buy for the same number of sold shares at a price of .0001 cent above the sells. Worked the price down until it shook out a few more weak holdings. I guess it is time to buy every 10 cent drop. Added 2000 yesterday and have buys in all the way down to 4.50. When this turns round it will run up quickly as it did before. Almost on fire sale now . . . someone will realise and start buying.
Yes, this share do this a lot. I have been following it for a while and have made quite a good amount on it. Still own several thousand shares of it, but not sure if it will actually go in 4s, whats your opinion? Sam