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Lightwave Logic Provides Third Quarter 2023 Corporate Update
Company Discussing Licensing Agreements with Variety of Companies, Ranging from Innovative Start-Ups to Existing OEMs to Tier-1 Multinational Corporations
ENGLEWOOD, Colo., Nov. 10, 2023 /PRNewswire/ -- Lightwave Logic, Inc. (NASDAQ: LWLG), a technology platform company leveraging its proprietary electro-optic (EO) polymers to transmit data at higher speeds with less power in a small form factor, today provided a corporate update in conjunction with the filing of its Quarterly Report on Form 10-Q for the third quarter ended September 30, 2023.
https://s3.amazonaws.com/b2icontent.irpass.cc/2586/rl128426.pdf
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If this is his therapy, I really hope it works. In general optimistic people are happier and live longer.
https://www.bu.edu/articles/2019/optimists-live-longer/
Good to see that the company steadily moves forward as promised and is in financially great shape. No debt, cash to fund operations well into 2025, lines of additional finance secured.
First revenue booked, well on its way to deliver on its promises in 2023/2024. Good to see that Lebby keeps his cards close to his chest. Undisturbed by all the noice from shorts and other impatient traders.
Great CEO, not the popular type some here would like to see. Hope ( idle probably) that it gives criticasters, contrarians and shorts here reason for reflection and to move out of their imaginary, fictional self destructive narrative.
PC, thanks for the EXIM information and improving my mood.
Isn’t that a great opportunity for those who never met Michael Lebby to meet him, ask questions to understand all outstanding issues or doubts and to get a better feel or opinion about the future of Lightwave Logic?
If he would have understood the importance of the diamondoid patent he could have had for more than a year a really good argument to beat up us longs. He didn’t, what an opportunity he missed there. Now it’s too late.
What we learned from Michael Lebby is that he is totally focussed on commercializing electro-optic polymers. Yes the competition has discovered the 800G transceiver opportunity, but the latest products are complex ( 8 lanes) and power hungry. Competition in the area of fast and lower power modulators is indicative for and only confirms Lightwave’s positioning to be leading in this space. Especially since Lightwave offers a clear future roadmap beyond these speeds and power efficiencies, something the competition is unable to achieve without the use of electro optical polymers. I am sure Lebby will provide updates when it’s benefits Lightwave’s commercial position in the market place as to not prematurely alert competition. Lebby’s recent statement that Lightwave wants the lion’s share of the upcoming billion dollar market opportunity shows his confidence. Waiting patiently to see this unfold and very confident that we will be updated rather sooner than later.
KCC, thanks for insights and putting the company narrative in ‘ historical ‘ perspective. What I see is a company in action and moving forward under Lebby’s great and inspiring leadership in one of the world’s most demanding technological and industrial fields. Here on Ihub we have a situation where some simple minded, short sighted traders are battling progress ( even personally attacking people) where even the political leadership in the USA, EU and China have seen the ‘ light’ and are busy building their own chip power houses, not to speak about the industry itself which is trying to re invent itself with photonics. Thanks a lot.
Really great news.
X, just to let you know that we appreciate your input here. For the traders and shorts who dominate the messaging here: We old and loyal shareholders have regular on line meetings. We had one today amongst this group and concluded that together this group has over 30% of shares, more than the institutions ( well over 35 million shares). None of us has any intention of selling our investment, the business case is too compelling and in our opinion we have never been closer to returns on our investment. We wish traders and shorts all the best. Enjoy the green in your account, but realise 22 million shares to cover is an awful lot when the pool of available shares is limited.
It just proves the irresponsible financial leverage. Yes, it better survives. The failure to do so would cause a terrible disaster for many small investors, the financial ‘ big to fail’ industry will no doubt be bailed out again.
The financial ‘ industry ‘ doesn’t create any real economic value or productivity , it makes money with money, it builds ‘castles of air, creates debt, awards its own leadership with exorbitant compensation and takes it funding from society. If all goes wrong, it’s the small investor and the tax payer who are asked to pay the price. I hope AI and crypto will rule into the power of the financial sector and its powerful facilitators, the market maker monopolies. The American middle class has been paying the price since 1990, whilst the winners have taken all.
Interesting Intel to divest it’s optical pluggable transceiver business. You wonder why!
50 G or PAM 4 times 50G is no longer ‘ up to speed’ of course. Still strange since the optical transceiver business is about to explode.
https://www.servethehome.com/intel-divests-its-pluggable-optical-module-business/
It just shows the industry the robustness of its polymers. It may well be that the economic life of a transceiver may be shorter in future, but as an industry you don’t want any degradation or failure rate during that economic life. It is an indication of excellent quality. Moreover you get breakthrough performance in bandwidth, speed and low power next to excellent quality. The choice up to the data centers.
Fortunately we get most of our information from reliable industry and company sources.The company just showed the trillion dollar internet industry leadership the reliability and long life of its active polymer materials. It’s glass transition temperature is almost 100 degree higher than the industry standard, making it the most durable long life active polymers in the world. It showed its excellent packaged modulator reliability. There is nothing which can hold up commercialization for material, modulator. Transceiver reliability is in the hands of the big transceiver companies e.g. Cisco’s of the world. The Google’s Amazons, Meta’s and NVIDIA’s of the world are begging for reliable 4 times 200 G = 800 Gbps transceivers and beyond. Not much to choose from imho!
Advocate, I have to admit you were more times right than wrong ( than me and many others) in the past. I really hope that your projections are right this time as well.
Proto, I fully concur. This is going to be a ‘ bankrun like’ match by the trillion dollar AI industry to get in first. I have held a senior leadership function in a fortune 150 company. I have seen many projects requesting funding in my life, but I really think this LWLG beats them all in scope and magnitude. I feel sorry for those who can’t or will not see the huge opportunity. Good luck to all.
Just to add some 3rd party ‘juice’ to yesterday’s meeting in Sunnyvale Optica meeting. Dr. Geiser is a CEO of a reputable Swiss photonics company. This is his comment on LinkedIn:
#AI? Don't worry... we ran out of ice cream!
In my young career, I have never seen such a seismic shift within an industry.
12 months ago, at Optica's last cloud computing event at DuPont the world was still a different one: the hyperscalers Meta, Google, Microsoft ... were all cooking their own soup. Plugable, co-packaged or onboard #optics were topics of long and almost philosophical debates. All the other companies down the supply chain were requesting some kind of guidance on which direction to look at. Even just 6 months ago at OFC Conference 400G was still the main topic, with 800G slowly showing up on the horizon.
Fast forward to this years edition of Optica's #Photonics Enabled Cloud Computing workshop and into a post-ChatGPT4 world. Large language models scale with a factor of 2 every 4 months, by far outpacing Moore's law and growth of compute and bandwidth capacity. This hunger for bandwidth, leads to a complete realignment of the industry. M. Ashkan Seyedi of NVIDIA (thanks Ashkan for that great and energizing presentation), Andrew Alduino of Meta as well as Cedric Lam of Google all make clear that no one can wait for standardization anymore before implementing new technologies. The big debates of plugable, copackaged ... are all a thing of yesterday. This is not religion, was one of the most used sentences. Even interoperability was seriously questions, if a solution has clear advantages.
With all that in mind, Cisco's Anthony Torza painted some beautiful a pictures with his Spinal Tap reference, that we currently "crank it up to 11". and even more with his comparison of AI engineers to a 5 year old child: 'The amount of ice cream [bandwidth] they will consume if available is infinite'.
My conclusions of this conference is:
First, the dynamics of the market changed and it is not any longer a matter of having the best and most innovative technology but more a matter of scaling it quickly and getting it into volume.
Second, sorry Skynet there is not enough ice cream, yet!
Thank you Jose Pozo, Carmen Paños, Helena Diez-y-Riega and the rest of the Optica team for this great workshop and Juniper Networks for hosting us.
This post was written without the help of #ChatGPT or #BARD
I hope we are able to leave them in limbo and dangling. Longs have direct access on the ground. Good enough for me. Really good things happen unexpected and fast. Open AI valuation went in months from ‘ undisclosed’ to 29 Billion and now talk of 83 Billion IPO possibility based on latest valuations. Mind you Open AI and all the others need 1.6 T and 3.2 T switches per second to capture the full potential of their future business value.
From LinkedIn José Pozo chairperson Optica meeting Sunnyvale
“WE'VE STARTED OUR MEETING OF THE MINDS. Optica has arrived in Sunnyvale, which calls itself the “heart of Silicon Valley”, though most people recall that Atari started the video game industry here. Today, the innovation is being driven by other famous names close by. Within a 7-dollar Uber ride you can get to the offices of Google, AI at Meta , Microsoft, AMD, Honeywell, Yahoo (yes they still exist), as do Juniper Networks, where I am parked now.
You might say that all these companies have one thing in common. They became successful because of fast communication. But that was before AI arrived, putting huge bandwidth and energy demands on servers everywhere. To cope with the tremendous load that apps like #ChatGPT bring to the IT world, we need ultra-fast interconnects in data centres between 1.6Tb/s up to 3.2Tb/s combined with very low power consumption.
So when will current optics technology catch up to match these kinds of numbers and how do we solve latency issues?
We should know more about possible solutions in the next 48 hours. Because over 200 of the world's top executives have flown in to be here (some by private jet!). By having so many decision-makers in one room and switching off the cameras, we can ask the crucial questions that need to be asked.
The secret that I’ve learned about Silicon Valley is that innovation needs two things. The money of large corporations and the disruptive technology and vision from small companies. So, for the second year in a row, we’re organising the Photonic Enables Cloud Computing Industry Summit. Last year at DuPont. This year, here at Juniper Networks. And once again, we’ll democratise the discussion. So we put the big corporations of Arista Networks, Cisco and Google alongside brilliant small enterprises like ficonTEC Service GmbH, Astrape Networks, Lightwave Logic, Inc., and iPronics Programmable Photonics. You’re right….let’s stop with the lists and get ready for some amazing conversations….to be continued……”
Imagine you are in the room with reps from some of the biggest internet companies and you show them that they are all engaged with your company Lightwave Logic. At least that is what you are suggesting by showing their names and logos on a slide. That’s pretty arrogant, misplaced or irresponsible if that were not the case. I bet the companies in the room are well aware of their ( NDA) tie ups with Lightwave Logic. Lebby is not an amateur, this is a sign of great things to come.
Command of course. My mistake.
China may demand half of silicon carbide wafer production in 2024.
https://www.digitimes.com/news/a20231023PD210/silicon-carbide-china-compound-semiconductor-ic-manufacturing-sic.html
Slide 16. You can argue if this means ‘availability for licence’ or indeed license agreement. I go for the second option because that has been communicated and implied before by Lebby
Like the 30 million operating cash. Nice. Can’t imagine you use all these reputable company logos in your presentation without explicit approval from these in the room present companies or risk prosecution by their lawyers. Good news on new licenses this year. Excellent investor presentation.
Assuming ‘ fail to deliver’ risk will increase. Will institutions call their shares back? Time is clearly ticking in ‘ longs’ favor.
Thanks Stark. In my opinion it means that the feasibility is still to be expected in 2023 and that EXIM is probably not dependent on the scandium aluminum alloy project and additional equity follows EXIM and Stellantis. I guess mainly debt financing through investment banks depends on scandium off takes. Just looking and hoping for some fireworks soon.
Yes 7 million is a pittance, especially if you consider that CEO Ken Griffin from Citadel donated $ 100 million to the GOP.
https://www.cnbc.com/amp/2022/10/07/citadels-ceo-ken-griffin-becomes-gop-100-million-midterm-megadonor.html
Very good news. Lebby told us he would hire when the time was right. Having an experienced controller is a great sign of what to expect.
Th, here is what ChatGPT says on pros and cons.
Pro's of Gallium for chip production:
1. High electron mobility: Gallium has a higher electron mobility compared to silicon, which means it can conduct electricity more efficiently. This can lead to faster and more efficient chip performance.
2. Wide bandgap: Gallium has a wider bandgap compared to silicon, which allows it to operate at higher temperatures without losing its semiconductor properties. This makes gallium-based chips suitable for high-temperature applications.
3. Low power consumption: Gallium-based chips have the potential to consume less power compared to silicon-based chips, leading to energy savings and longer battery life in electronic devices.
4. Integration with other materials: Gallium can be easily integrated with other materials, such as indium and nitrogen, to form compound semiconductors like gallium nitride (GaN). These compound semiconductors have superior electrical and optical properties, making them suitable for various applications like power electronics and LED lighting.
Cons of Gallium for chip production:
1. Cost: Gallium is relatively expensive compared to silicon, which can increase the production cost of chips. This cost factor can limit the widespread adoption of gallium-based chips.
2. Limited availability: Gallium is not as abundant as silicon, which means the supply of gallium could be limited. This can pose challenges in scaling up production and meeting the growing demand for chips.
3. Integration challenges: Gallium-based chips may require different manufacturing processes and equipment compared to silicon-based chips. This can lead to additional complexities and costs in chip production.
Pro's of Germanium for chip production:
1. High electron mobility: Germanium has a higher electron mobility compared to silicon, similar to gallium. This can result in faster and more efficient chip performance.
2. Compatibility with silicon: Germanium can be grown on a silicon substrate, allowing for the integration of germanium-based devices with existing silicon technology. This compatibility makes it easier to incorporate germanium into chip production processes.
3. Sensitivity to light: Germanium has a high sensitivity to light, making it suitable for applications like photodetectors and optical communication devices.
4. Potential for high-speed transistors: Germanium has the potential to enable high-speed transistors due to its high carrier mobility. This can lead to improved performance in applications requiring fast switching speeds.
Cons of Germanium for chip production:
1. Thermal stability: Germanium has a lower melting point compared to silicon, which can pose challenges in chip fabrication processes that involve high temperatures.
2. Limited bandgap: Germanium has a smaller bandgap compared to silicon, which can limit its use in certain applications that require a wider bandgap material.
3. Higher leakage current: Germanium-based transistors may suffer from higher leakage currents compared to silicon, which can impact power consumption and overall chip performance.
4. Cost: Similar to gallium, germanium is relatively expensive compared to silicon, which can increase the production cost of chips.
Understood nobody is allowed to enter a billion dollar foundry facility if there is even the smallest risk it would harm the precious precision equipment. A PDK is a must.
Proto keep up the good work. Hope any newbies will understand what we have here. Incredible opportunity. TP’s messages are obviously to discourage newbies from coming in and pushing the price up. Shorts don’t want the stock price to get out of hand. I personally wouldn’t mind, if newbies came on board. In fact they would set off an incredible share price increase and reward themselves big time in the process. There are 22 million shorts ( out of a low float of 116 million) having to run for the exit.
OPTICA Meeting 24-25 October
Like to highlight some of the interesting aspects of this meeting for our gem Lightwave Logic.
The Optica meeting is one of the most anticipated photonics meetings of this year in Silicon Valley, bringing together many important company decision-makers who will shape the near future of photonic-enabled cloud computing ( Jose Pozo- Optica)
It puts innovative and new disruptive material companies like Lightwave and incumbent chip material companies ( e.g. DuPont, Corning and SABIC/ARAMCO) in the room together with incumbent chip companies ( Intel, NVIDIA, Broadcom) and old and new innovative companies for fast and efficient chip to chip interconnects, process chips to memory chips ( e.g Avicena) and device and system vendors ( Cisco,Dell,Arista) large foundries ( Global Foundries, Intel, Advanced Micro Foundry) whilst the most demanding data center and cloud customers ( Google, Meta) are watching and putting the photonics supply chain through its biggest stress test of success ( dixit Optica). Google and Meta’s requirements on speed, simplicity, cost, bandwidth and power efficiency, latency etc. are well defined and more urgent than ever given the data explosion through AI and now generative AI.
These internet giants are present and see what’s available for the years to come.
All current material configurations are present; silicon photonics, silicon nitride, Indium Phosphide and there is just one challenging new material Lightwave’s polymers ( if we discount glass substrates from Corning) present being able to check every box of their requirements as long as the industry up steam see the ‘ LIGHT’. The photonics start up community is not present, this is clearly a meeting where the big industry giants set the standards for the future and where only selected and promising prospects are invited.
Great post.
The world will pay a high price if China cuts off supplies of chipmaking materials
https://www.aol.com/world-pay-high-price-china-001607775.html?soc_src=social-sh&soc_trk=ma
Thanks a lot Xena. I am your fan.
Hedge Funds to Get New SEC Mandate for Reporting Short Sales
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LWLG uses organic materials and the chip industry uses inorganic materials. Organic materials are primarily composed of carbon atoms and are typically derived from living organisms or contain carbon-hydrogen bonds. They are made in the LWLG lab. in the USA. Inorganic materials, on the other hand, do not contain carbon-hydrogen bonds and are typically derived from non-living sources such as minerals and metals. They often are imported from abroad. Chipmaking in the USA relies on inorganic materials, mainly silicon and many others.
MAGA as in self reliance in strategic and critical industries, rare earth materials, minerals and metals.