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.
No revenue and no name. The value of a deal or contract is determined by who signed on the dotted line. NVIDIA or just some startup company ? Was the name left off due to NDA , competitive reason or due to being another non-revenue start up.
They always put out these great quarterly updates on progress and are in discussion with the tech world and nothing develops but another quarterly update just like JM did when he was CEO. 52 week high $9.18 current price is $4.05. Not quite increasing shareholder value as stated at the end of all quarterly updates for 7 years now.
I agree they have been buddies and working with Polariton for years. Polariton threw Lebby a life line just before the ASM and agreed to the contract that looks like it was written on a hotel napkin. Like you said after 7 months and no results the market has responded to the back door deal. Still no tech transfer or foundry deals. Think someone posted many times that by this time in November at least 2 more contracts would be completed. Not surprised we sit idle with no additional contracts and the usual quarterly update with nothing to show to back it up.
Between the shorts and tax season Lebby can't win. LOL Must have been end of year tax season for 2 years now. LOL
The real problem here is Lebby keeps telling us they are moving forward but is not backing it up. They have been stating for years they are in discussion with everyone and moving forward to commercialization.
Subpar ?? It's horrible. So close to a ramp up as we have been told many times and not one lab or tech update in 7 months. No test results or new developments worth mentioning or sharing in 7 months. Lebby supposedly working 100% on deals and no developments. For something that supposed to solve the worlds data traffic issues and energy consumption not many beating down the door to get a piece of the Holy Grail.
That was always our wish that when we hit 20 that two years later, we would drop to 4.14 so we could get more cheap shares after waiting 20 years to get above 2. How many shares are enough ??? I know that 20 was an overshoot but even Proto said back then we should be between 7-10 a share. The shorts or whatever controls the price because Lebby has been unable to provide a catalyst since May almost 7 months ago. Dropping share price and low volume with no counter by our leadership except dog and pony shows.
Don't know a better time for any type of catalyst then now. Stock gradually continues to drop week after week and no response from management.
I see dead people
To me the PDK will be complete or accepted once they sign a foundry deal.
Cheap shares here --- Cheap shares here--- Read all about it get your cheap shares here !!!!!
You must be really excited about being able to buy another 4,000 shares at 4.36. Hope you don't miss the opportunity shopping.
Just think if it wasn't for those 22 million pesky shorts blocking all those foundry contracts, Tech transfers contracts and Teir 1 contracts we would have 500 million or more in revenue. It's a shame Dr Lebby is working 100% on contracts and the shorts keep getting in his way.
This is the result of the captain of our ship going in circles and not being able to find a port to dock year after year. Still hasn't found the Tech transfer dock that he was on tract to dock at before the ASM but we received another award and have 22 million short shares. Sound like its BONUS time again !!!!
CEO with a PHD is pretty common. Does not make him unique or special. What he does as a CEO does. He still hasn't been able to get us over the hump. Still no foundry partner, still no tech transfer deal, no new deals in 6 months etc. He has not given us any indication or sign that they are moving forward or progressing in the past 6 months. Just presentations and slide shows.
Lebby should post a picture of his new award, how excited he is and wave his hands around that should cause a massive, short squeeze.
I can't wait for Lebby to actually produce some of those catalyst in 2023 that he mentioned in the beginning of the year. 6 months have passed now and not one science/tech/data update. Where is that tech transfer deal ???Corporate update was just a rehash of the year and we are in conversation with companies. Those conversation have been going on since Marcelli was CEO. Never blame the CEO. It's easier to give Lebby a pass and dump it on the shorts. If Lebby would just get some deals done that would put pressure on the shorts to cover.
What is Wavelogic 6 using in their transceiver ???
The only way LWLG can prove their is no issues and things are ready for commercialization is is to start signing revenue contracts.
Why they can't get anyone to sign any contracts should be the main concern of shareholders. They have been in discussion for years with pretty much everyone per Dr. Lebby and can't get a contract signed. Why ? A tech transfer deal and announcement of a foundry partner was supposed to be completed before the ASM in May. Remember on track to meet all goals by the ASM. 6 months later and nothing but crickets. If you hired a salesperson and for 6 months he kept saying haven't signed any deals yet but they are interested and like what I'm saying. I think most would hire a new salesperson. They sure are not breaking the doors down at LWLG for something that will solve all their needs.
Are they serving Perk Fried Rice ????
Only Lebby can make them vanish. The silence for the past 5 months is helping.
It's been no news June, July, August, September, October and November so far and counting. Where are all those catalyst Lebby spoke about coming in 2023 that they were excited about??? Tech Transfer?? Naming foundry partner ??? Etc.
Reminds of "Fasten your seat belts" and
"The fuse is lit"
Just another day in---- "The Lightwave Zone"
Why would we need a full time sales guy ?? What is he selling ??
What's the short math on being down .22 ??? LOL
We all get the short math by now. Just waiting on Lebby and company to finally provide a catalyst to force their hand to cover. Pretty much what everyone is waiting for.
Lebby is organizing his slides for his next presentation.
Nothing get the market more excited and stirred up then presentation announcements.
Now we are RED. What is the buy/sell ratio and calculus breakdown on short covering for being down .03 ? Always a interesting and exciting read. I would like to see Dr. Lebby do anything that would force shorts to cover 5 million shares in a month.
5 months now and the only thing worth putting in print on the news wire is presentations. No progress worth mentioning or news worthy ????
Ok around 40% loss from the high of 7.55 on May 30th. Much better. I wish investors were that picky with details when it comes to LWLG.
We have not had a catalyst of news since May. LWLG has lost 50% of its value since May. Still no tech transfer deal or any new deals. Vein what could you possibly have to complain about? Short count is up !!! YAWN
Vein you have every right to complain. 5 months now since the ASM and not one catalyst of news or any news at all. What are they doing ?? What progress have they made since May???
Nothing signed or a update on progress in the past 5 months. Surprised we are not lower.
The next press release need's to have some weight to it. Everyone kept saying the first deal is the most difficult because it will be the foundation of future deals and Dr Lebby has to get it right but once the first deal is complete the others will come in bunches. Some predicted two to three more deals by October. Five months have passed now and no update of any kind except the new lab opening which we knew was coming???
You have the right to complain about your favorite team not winning a Superbowl for 23 years but are allowed to celebrate when they finally do. Pretty much same scenario.
Ted didn't you post you bought 1,000 shares at $6.00 after Dr Lebby last interview?? The one that changed woops opinion.
Thats my point. This stock moves on news and lack of news. This board is like a reality show and difficult to take seriously.
"Board Members of LWLG"
Streaming on Netflix this fall
Just want to know what it looks like. Lebby should put them behind him during his interviews like the NFL owners do with the Lombardi Trophy's.