OK...since he's out of business, I'll tell what I know. Back 97-98-99 he used to bring them to "Mother's" in Charlotte. I was the mgr then. Our shady houseman "Gene" used to push them on anyone looking for a cue. He sold them WAY TOO CHEAP to us. Our cost was $80 for a no point curly maple steel joint cue. 4 & 6 point cues only cost us a couple of hundred at the most. Gene would never price them...would "look" over the customer first...try to get as much as possible...pocket most...and turn in a receipt for the minimum.
The cues looked fine. They played a bit odd...often too stiff. Some of them where actually fatter like .869 right above the shaft joint, with a joint of only .845. Many had problems with the pins unscrewing, staying in the shaft and with the steel collars becoming loose. The shafts were really fat...like most new ones in excess of 14mm.
It got around pretty quick to the regulars that they didn't play all that well. Plus if you were an outsider & saw a cue...Gene might say its $900 & then turn around and sell it 20 minutes later to a friend for $150. So they held no value in our area. When Kelly Oyama sold Mothers to Malcolm, there were like 3 left in the case...most had issues in some way or another. They ended up selling all 3 and threw in some Cuetecs & Frogs...and still got just a few hundred. I remember it was like a 9 cue package deal...for $300...and no one wanted them.
I met Mike on several occasions and he was a very likeable gentleman. I think he knew more about machining than building a great playing cue. His cues did cosmetically look wonderful...and were getting better & better.
We couldn't sell them any longer & then when Gene got fired...that was the end for Mr. Lancaster in Charlotte. I remember being at a tourney up north once & overheard two gentlemen talking, it went like this...."yes Mike lives near me in Virginia, I know him. He can't sell his cues around home...he takes them south somewhere and unloads them...Charlotte I think". I just chuckled & thought "not anymore".

What ever Mike is doing now...I hope he's well & I wish him the best. This was in no way meant to slam Mikes cues. Just telling what I know.