Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I've been spending most of my free time at the McLaren dealership and trying minimize stress, and strain on my eyes. I am immensely grateful to Lebby and Fred Leonberger though.
Looking forward to the SHM. Lightwave seems to be sending out PR with tactfulness. They should do all they can to take advantage of this up market.
It's tough for me to have a firm opinion without knowing the specifics of his departure. I've always considered Lebby's "competition is beneficial" to be a generalization pertaining to co-operative peers. When I read your post about Yasufumi Enami I figured most people wouldn't consider it positive. I doubt him teaching in Japan has any impact on Lightwave. But I don't think many knew about him removing his connection to Lightwave on LinkedIn. But, for better or worse, the truth should never be left out.
I would generally prefer anyone with intimate knowledge of the company not go out to compete with us. Fortunately, he didn't go off to build micro-ring modulators instead.
If he was let go due to some failures/shortcomings; do we benefit from him potentially creating subpar offerings and engineers? Would that help with perception and acceptance of polymers? Or is he exceedingly talented and left on his own? Creative differences maybe. That wouldn't be net positive. I think he was let go, but can't prove it. I didn't know we had a monopoly with our IP protection. I thought a peer could still independently emerge as the dominant player.
In the past when someone broke off from Lightwave (Dr. Mickelson, Dr. Arduengo ect) there was mostly suspicion directed at them. One investor even filed a Freedom of Information Act request to find out more. Our vast IP is protected much much better under Lebby but my inclination is still towards being cautious. I'm glad to see that Lebby doesn't throw departing staff under the bus. He has too much class.
Bad vibe alert! Until LWLG is on the NASDAQ all news is to be interpreted as good news.
That is Intra-day naked shorting, taking advantage of the
trading range each day. Not actual traditional short positions gunning for price drops. Market maker goals profit in every direction.
Check out intra day short interest in LWLG vs Intel
https://www.nakedshortreport.com/company/INTC
https://www.otcshortreport.com/company/LWLG
I believe it is important to assign credit properly with so many new members on the message board. They could misconstrue it to mean that Zelibor found Lebby.
As for LSS, they did loads of testing at their own expense. The material was too inconsistent to progress the relationship. I don't think they were just playing with us, I've never heard it described that dismissively. Dave Eaton clarified for investors at the SHM that the material had consistency issues in testing and they could be resolved, but they did not know how long it would take. Turned out it was quite a long process.
"Zelibor was very happy to find ML"
We usually have one camp demanding accountability and timelines another camp making excuses for screwups and shortcomings. I'm not convinced either camp has changed the course of progress very much.
Fred Leonberger brought Lebby to the company.
The disgruntled level is high. We have everyone who thought it would be lower. Everyone who thought that a new high was coming soon after it fell down from $2+. And a small number trying to take credit for the run www.stockcharts.com/LWLG
Looking forward to the 10k and seeing that Jim, for the first time ever, had the brains to use a run in the stock to cash up the company well beyond a biznass as usual level and keep us off the malnutritious LPC teet for a while.
Hal Bennett. You invested via the placements organized by Ms. Nelson?
What's different this time is a 37% increase in posts proclaiming It's Deal Time. Don't ignore that.
Today was certainly an improvement from the overly bland proactive interview.
The was with Dr. Alan Mickelson. Might not want to draw attention to that.
If not using LPC for just a couple months led to that much upward movement, it's rather contradictory to the idea that LPC has been a good partner for Lightwave...
A few more months without them and we would have met the Nasdaq requirements
Doubt they could fill that large financing with any serious problems at the site.
worth a read to stay up on the potential partner list.
https://www.laserfocusworld.com/photonics-business/article/14196393/a-strong-2020-points-to-many-more-opportunities-for-photonicsrelated-companies
Psychology in action. Sentiment is tied to price. Next expected item to look for is the virtual SHM being announced.
I noticed MZ Group has sponsored the Roth Conference in the past.
I'm still not convinced it wasn't some type of clever stock campaign like we experienced in 2016 surrounding the good Lebby news.
How would a small number of exercised leftover low dollar warrants cause this long run up? I get that eliminating Lincoln selling pressure means higher share price in theory but it wouldn't explain huge volumes.
It's a business park. The Lightwave space is deep but not very wide. Maybe 3-4 offices wide if I remember correctly from my tour. Should be 9-10 people working in there by 10am.
I agree. Figured that is why it dropped on Monday, get the price lower for their share allotment. They could have raised enough cash to last over a year in this run-up. Hoping they used the windfall properly.
Very true.
Competition shouldn't affect us in the traditional sense. One of the major hurdles is getting the technology to be noticed/accepted by majors. Success for peers helps legitimize what Lebby/Lightwave is doing.
I can, this would not be the first request. If you had a face to face they would probably tell you that the SHM is where they will provide updated timelines.
The Pro-Active investor interview is listed as paid promotion. If Lebby wanted to say any more in the interview he was free to do so. It is a stage to communicate with investors.
I would guess they could say more but in doing so would set specific expectations. Why are you so worried though? Don't you know that this is a totally different companyâ„¢
https://www.proactiveinvestors.com/pages/disclaimer/12536
"In exchange for publishing services rendered by the Company on behalf of Lightwave Logic, Inc. named herein, including the promotion by the Company of Lightwave Logic, Inc. in any Content on the Site, the Company receives from said issuer annual aggregate cash compensation in the amount up to Twenty Five Thousand dollars ($25,000)."
Your #2 is lifted from the PR I posted as what pushed use into the 3's...
It was not a single PR that elevated the price. I believe it is thee communication that heaved this over $3 and set the all-time share price record. I know the person who paid $3.33. You are right though. There was a string of strong PRs before it, in the prior month, and a couple in November. This is not the same company as it was 10 years ago. Though, it trades about the same. It's financed the same. And the person who wrote all these old PR's is still the President.
https://www.prnewswire.com/news-releases/lightwave-logic-material-exceeds-technical-requirements-for-major-microelectronics-systems-supplier-135685028.html
https://www.prnewswire.com/news-releases/lightwave-logic-organic-nonlinear-polymers-can-dramatically-reduce-data-center-power-costs-136145163.html
https://www.prnewswire.com/news-releases/fred-leonberger-to-serve-as-senior-advisor-to-lightwave-logic-inc-136433288.html
I agree. I'm surprised I'm getting heat for wanting something clear and defined. People are expecting a deal. These are the expectations currently.
No, not at all. Noting that it will be beneficial to venture into something palatable for a broad audience.
BTW here are some posts after that PR came out.
ProfitScout Tuesday, 01/17/12 05:47:15 PM
Re: ProfitScout post# 822
Great response to the LWLG news today with a move to the $2 level and a strong volume surge of new buying coming in.
theroc66 Wednesday, 01/18/12 03:30:32 PM
Re: ProfitScout post# 823
I particularly enjoy the follow through again today with volumes over 500K... this bodes very well for any future revenue-generating deal to be announced shortly as per Jim Marcelli in Letter to Shareholders.
Technically, after a short consolidation, the stock rebounded beautifully on the $2 price point: there is a very good chance that we take out the multiyear high at $2.6 upon coming announcement.
Next step: on our way to $4-5 range...
AR.
futrcash Member Level Thursday, 01/19/12 10:40:19 AM
Re: ProfitScout post# 834
$3++ Yeah Baby! eom
Also, in a stock that is nearly all retail held, an active message board of said retail investors is a finger on the pulse of expectations. Expectations are high right now imo. Doesn't matter if sophisticated investors are content and living totally in reality (they all are not either). There is no ongoing mechanical coupling to investors' expectations set by management. And Lebby's conservative communications coaxes a certain amount of believing he's holding out on juicy details.
We usually have a selloff during SHMs because investors have their expectations re-adjusted more than they are used to.
Richard, I would invite you to read your own post that set the requirements I responded to. I would also ask you read the PR I'm referring to below and then tell me you still disagree. This PR from 9 years ago is much like what many of us are hoping to see from Lebby now.
"Yeah we literally just need some news saying we kind of maybe signed some form of agreement with a revenue producing company somewhere in the silicon photonics industry food chain. This would go to $10/share overnight."
Key word is Maybe. You're saying a PR suggesting revenue is coming and a real company is interested would send this to $10. I'm saying we've had that before and it can't be a Maybe the 2nd time.
Now here is what I'm talking about, as much as some people would like to rewrite Lightwave history, this letter to shareholders and the conference call afterward pushed the stock to $3.33. I was an investor then. I lived through it. This Letter also is why, in many people's opinion, Zelibor became CEO. Key investors were furious and pushed for a change.
Lightwave Logic, Inc. CEO Issues Update Letter to Shareholders
CEO Announces Technology and Business Update Conference Call
Call Scheduled for January 25, 2012 at 4 PM EST
NEWARK, Del., Jan. 17, 2012 /PRNewswire/ -- Lightwave Logic, Inc. (OTC Bulletin Board: LWLG) a technology company focused on the development of the 'Next Generation Nonlinear Optical Polymer Material Platform' for applications in high speed fiber-optic data communications and optical computing, announced today that Jim Marcelli, its chief executive officer sent the following open letter to its shareholders:
Open Letter to Lightwave Logic, Inc. Shareholders
Fellow Shareholders,
As we begin 2012, I want to update you on the progress we have made toward reaching the goals I outlined in my July 12, 2011 letter, and then subsequently discussed during our August 11, 2011 annual shareholder meeting.
There have been many exciting corporate and scientific developments going on at the Company, which I believe will ensure our long-term success. First, our recent announcement that we achieved a major breakthrough in the field of organic nonlinear optical materials is a significant accomplishment. We are very proud of our Delaware scientific team for creating this new material, which we named Perkinamine Indigoâ„¢. With electro-optical properties (r33) in excess of 250 picometers per volt and thermal stability in excess of 300 degrees C, this material vaults us into the forefront of organic electro-optical technology. From a business perspective it will give us the ability to fabricate modulator devices that will be able to exceed the performance of existing legacy infrastructure by an order of magnitude in both the telecommunications and data communications markets. Furthermore, we believe the properties of Perkinamine Indigoâ„¢ exceed the technical specification requirements set by the major microelectronics company we have been working with for the past two years, and we are now hoping to enter into an agreement with them sometime during 2012.
As you know, initial revenue has not come as quickly as we previously expected, however, the good news is the opportunities are on-course and progressing rapidly. We have recently delivered newly completed design proposals to Lockheed Martin and Celestech and expect that they will be accepted. Further, we have recently received new inquiries from other large potential customers looking to solve their technical problems with our organic nonlinear polymer materials. I look forward to being able to deliver some good news about initial revenues soon
Last year (2011) was important as we expanded our corporate strategy to include the development of proprietary products. To that end, we have already begun the development of a Spatial Light Modulator and a Multi-Channel Telecom Modulator along with our first-ever all-optical waveguide. We also added key operating and scientific personnel along with changes to our board of directors like the appointment of RADM Tom Zelibor as our new non-executive Chairman and Dr. Joseph Miller, Chief Technology Officer of Corning to help our efforts. We were also pleased to have added Dr. Louis Glasgow, as Chief Technology Officer who was also previously at Corning. I would also like to extend our thanks Phil Smith for his dedicated service to the Company as its previous Chairman.
The recently announced addition of Dr. Fred Leonberger as a Senior Technical Advisor to the Company will greatly enhance our design capabilities. Dr. Leonberger is one of the foremost optical device experts in the country and with his expertise and industry experience, he will be invaluable to us as we begin developing new devices to address the telecom market. Combining Dr. Leonberger's optical design expertise with a powerful organic nonlinear material platform including our new Perkinamine Indigo™ should lead to commercially competitive devices that will offer enormous performance improvements at reduced costs—a winning strategy for both Lightwave shareholders and Lightwave's potential customers.
Finally, we brought Charles Olson on-board as our Vice President of Marketing and Sales. Chuck is a seasoned veteran who has spent his career in various high technology leadership and sales positions. He will be a key point person between the Company and our customers. He has already begun to open potential avenues of future business.
The outlook for our Lightwave Logic has never been brighter. We enter 2012 with a deeper understanding of the inner workings of our materials platform that continues to engender powerful new chromophores. Also, having met the technical specifications for our microelectronics initiative clears a major hurdle in the moving that project forward into commercialization and demonstrates that we can solve complex chemical synthesis problems.
We also begin the New Year a vastly more capable organization that will be able to move materials and devices through the development and design process more quickly, with two new high-value proprietary products already in progress. And also important, we now have in place a pipeline to the capital necessary to finance our success.
I will be introducing Dr. Louis Glasgow, our new Chief Technology Officer and our Senior Technical Advisor, Dr. Fred Leonberger on our forthcoming Technology Business Update Web Conference scheduled for January 25, 2012 (details below). They along with the entire Lightwave Logic team will be sharing their thoughts on the business and technology development of our "Next Generation Non Linear Optical Polymer Material Platform" for 2012 and beyond.
I sincerely appreciate your support as shareholders and I look forward to sharing more news and insights with you on the web conference next week.
Sincerely,
Jim Marcelli,
Chief Executive Officer
January 17, 2012
Lightwave Logic Technology and Business Update Web Event
Date: Wednesday January 25, 2012
Time: 4:00 PM Eastern Standard Time (New York)
Duration: 1 Hour
URL: https://lightwave.webex.com/lightwave/onstage/g.php?t=a&d=666177781
Call-in toll number (US/Canada): 1-650-479-3208
Access code: 666 177 781
Telephone access will be in listen only mode.
Attendees who wish to submit questions must access the call by computer and type them into the Q&A panel.
"Powered by Lightwave Logic"
Lightwave Logic, Inc. is a development stage company that is producing prototype electro-optic demonstration devices and is moving toward commercialization of its high-activity, high-stability organic polymers for applications in electro-optical device markets. Electro-optical devices convert data from electric signals into optical signals for use in high-speed fiber-optic telecommunications systems and optical computers. Please visit the Company's website, http://www.lightwavelogic.com for more information.
Safe Harbor Statement
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.
For Further Information Contact:
Steven Cordovano
Lightwave Logic
203-952-6373
steve@lightwavelogic.com
Marcelli put a PR out saying this once. It went to $3.33
They need something very definitive to satisfy investors. Just based on the over hyped posts here the past few months, expectations are higher than ever before.
They're finally pursuing something easily understood by the average investor.
More data and routers. I thought the router comment was interesting. Lebby never gives up any tidbits in a venue like this. Would be nice to get a real interview, ProActive is a shop that does 30 of these a day. The girl has no clue who Lightwave is.
Hope Jim raised big money with LPC during that mysterious run, if he didn't, investors should demand his head.
I've seen it done better ways by companies in similar positions. Placements to intelligent retail and/or sophisticated investors (Mark Smith has shown us how retail placements are done) Tech investment is an easier sell than mining. They could also put a stock shelf in place and cut out LPC. The two do the exact same, sell shares into the open market. LPC has large margins and supposedly moves stocks they're involved with up or down to suit their position. What investors over there dislike most is the company pushes that they are a great partner despite their reputation.
It's likely (imo) that the reason Lebby's presentation was cancelled is the imminent Intel / IBM deal was too super secret to risk having him mention and therefore he had to be muzzled. Now we will have to wait for the next tech conference for our major announcement.
You have the most centrist point of view on this. Lind was a source of discomfort for a long time. I've been assured in the past by management they're not as bad another vulture financier many of us are familiar with (Lincoln). Lind is totally indifferent to the share price. Other financiers benefit from bringing the price down.
Pretty easy to avoid that. If someone makes a false statement and reports it as a fact, then you've checked one of several required boxes. A company also has to prove the statement(s) harmed their business. Observations and opinions are not defamation. The statute in most states is only a year though, most OTC stocks can't accomplish tasks that quicky :)
Investorshub used to be based outside the U.S. and their policy was they ignored all subpoenas. Now they're based in Florida and they comply with criminal investigations. Civil they are not as helpful with.
It is Un-American. Not surprising though, considering the source.