At the moment it is a Spec, sure. but it's far from a hopes and dreams valuation.
years of R&D if you have paid attention has put this product front and centre of what could be a significant jump in tech. and rightly so the SP rose to those expectations. which you are calling a pump?
if the company had actually done nothing but said they would, and the price climbed, I would agree it's a pump.
the only thing atm that is setting us back is the delay in signing these tier 1 contracts. so that's the risk, if that happens or not. but I'm here from $1.50 so it's a risk well worth taking.
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