Dec. 7 at 9:46 AM
$ALMU Director DenBaars has once again filed a 10b5-1 program to sell 100,000 shares starting in February.
Dr. DenBaars is a co-founder and serves on the board of Palominolabs. Their company aims to “Our patented MicroLED technologies are engineered to emit light simulated for chip-to-chip and rack-to-rack optical interconnect data communication. Using advanced solid-state materials (Al, Ga, Sc, N)”
Long term, they look like a direct competitor to Aeluma if they are able to achieve the same scalability, whats to seperate them from aeluma?
Lets vote against Denbaars and hope to send a strong message to him, leave Palominolabs and focus on Aeluma or leave aeluma entirely.