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Con men accuse accusers of conning to try and get the focus off the lies or distortion of facts they disseminate. They repeatedly tell you they are doing everything for your own good and they will be your savior. Be careful of the fictional knights in shining armor that show up on your doorstep and do everything to insinuate themselves into your life. It is usually all about money and moving it from your account to theirs. Ted fits the bill.
The problem you have Ted is that you look at progress with a magnifying glass and in a time limited manner only focusing on what has not happened yet and what information is missing. We shareholders hear about progress success well after it is clear to management as they work to make sure it is repeatable. Then we hear about it. Most shareholders are excited because they understand the reality of time frames in developing a disruptive technology as it takes years. Progress speeds up when problems are clarified and solved moving on to the next problem. It is a step by step process. There has been many steps going from a promising polymer to perfecting it and solving all of the manufacturing problems to get ready to commercialize it.
You don't believe that NDAs matter and that is often the basis of your negative views. There is a lot going on that we don't know yet and it will be good when it becomes clear over the several months. The network upgrades are being strategized to allow coordination among companies in different manufacturing segments to bring what will be needed to speed up the network so their fouced segment is not the bottleneck. Competition is strong however among products that compete for the same purpose and they keep things quiet until they are ready to announce availability. It looks like 2024 is going to be very interesting.
"X claiming "shorts didn't do their homework! A squeeze is coming!" for years".
As I recall the short position has been rising for almost 2 years. It is a problem for the immediate share price until significant news comes out. Then it will the short sellers problem. I appreciate X giving updates on the current short position as it helps to add some insight in price movement of the stock.
Roth Capital works well with small emerging growth companies. They like technology companies fitting that description. We are getting closer to getting their analyst coverage. It won't happen until there is more evidence of a product or products with specs and some evidence of customer interest. They will be earlier than most with a buy recommenadation.
“The Spider and the Fly: A Fable” – Mary Howitt
“Will you walk into my parlour?” said the Spider to the Fly,
“‘Tis the prettiest little parlour that ever you did spy;
The way into my parlour is up a winding stair,
And I have many curious things to shew when you are there.”
“Oh no, no,” said the little Fly, “to ask me is in vain,
For who goes up your winding stair can ne’er come down again.”
Consider this before reading the "TOP 3 Red Flags for Newbies and Truth Seekers.
One more thing, Nokia touts the PSE-6 series as "lower cost". Yes, who does that sound like?
Ted, with your outrageous and silly postings yesterday I have no desire to enter the back and forth foolishness you orchestrate.
Nokia sveral years ago, bought out the telecom business from Alcatel-Lucent and they have used that to get into a stronger position in network switching and routing. They have been growing rapidly. The have a manufacturing arrangement with Sanmina here in the U.S. Sanmina specializes, among other things, in optical elctronic manufacturing. With onshoring innitiatives it is good to have a footprint in the U.S.
Nokia's new data center and network offerings, which rival Cisco and Arista, are announced for 2024 (sampling going on now). It is a co-packaged system called PSE-6 for network solutions that includes a silicon photonics subsystem called CSTAR and it will be used in numerous devices in the upcoming upgrade cycle. I can't find what makes up this CSTAR system but it is intriguing. I believe it either has LWLG inside or it would be a strong competitor. I hope for the former.
Here is a link to the summary for the line of their new PSE 6s. What caught my eye was they advertise it as ultimite scale (small size to scale higher), low power, calling it green technology and super fast with easy scaling to higher speeds for the future.
https://www.nokia.com/networks/optical-networks/pse-6s/[url][/url][tag]insert-text-here[/tag]
CSTAR is not being described in any detail that I can find. Is this the mystery secret sauce?
LR, I agree with you on the discrepancy of the core beliefs about Lightwave's management that Ted has vs shareholders. I would add that another core belief comes down to whether you accept the fact that the company is working with a large number of companies under Non-Disclosure Agreements. Those agreements are widely used in the technology space especially when companies operate in a collaborative relationship on new technology.
Ted has derided this belief about NDAs in place repeatedly instead using it as a rationale the company is using it as a coverup regarding the company not progressing towards commercialization. If one believes that NDAs are Not holding Dr. Lebby back from full disclosure or even some disclosure on partners then it is easy to deride positive views of shareholders who accept Dr. Lebby's pronouncements of progress which don't offer details we all would want to hear. This is at the core of how divergent Ted's opinions are vs shareholders regarding management's statements. This leads arguing over opinions on the truthfulness of managements statements. This adds to the animosity between Ted and positive posters as both sides argue points of view on progress. Ted obviously enjoys the tension he creates here as I believe that is part of his objective. Ignoring the reality of NDAs makes it easy to guess wrong.
This article relates to the N. American Data Center Market.
https://www.us.jll.com/en/trends-and-insights/research/na-data-center-outlook
"Supply Imbalance: market conditions will remain tight through 2024
The first half of 2023 witnessed robust growth in the data center market; however, most major and secondary markets are struggling with a supply and demand imbalance, leading to a shortage of colocation space and rising pricing. Secondary markets are expected to support the overflow from the constrained primary markets. Most of the supply expected to be delivered in the latter half of 2023 and 2024 has been preleased or is under exclusivity, resulting in limited options for users."
A significant shortage in N. America for data center services as data demand continues to rise. Artificial Intelligence is increasing demand more than what had been expected. Recently, NVDA announced accelerating new offerings for data center needs. AMD will be announcing their new offerings for AI and data center needs in this current quarter.
also from the article:
"While AI demands mean increased demand for operators, they must adapt infrastructure to accommodate these needs and innovate for cooling and efficiency to meet sustainability goals. Despite interest rate volatility, investor demand remains high, will continue to continue to attract diverse financing to fuel growth."
Decreasing power use increasingly matters. I hope we hear about the LWLG fueled transceivers being available in the next few months to meet what looks like a very large demand that is starting even faster than we thought one year ago.
In choosing one technology over another, companies have to look at all things about that technology including advantages and disadvantages.
Three times faster is a great starting point.
We know that LWLG polymer enhanced modulators decrease power consumption and are thus a green technolgy.
Reducing power consumption saves money by reducing the amount of power used.
Much smaller size means a much improved choice in new designs now and in future upgrades.
Increased productivity is universally sought by companies. Moving more data faster will aid productivity saving time and using that data to solve more and more complex problems thus aiding productivity.
And what happens when there is widespread increases in productivity? The economy can increasingly produce and consume more goods and services for the same amount of work. It leads to less labor costs and improved profits for companies. Individual wages in a more productive setting increase. Overall cost of goods goes down along with inflation.
Widespread use of Lightwave's technology will be an inflation buster while helping to improve the standard of living.
Ted will be the last to know when positive news comes out because he doesn't believe it when he hears it.
The scenario you describe is rather apocalyptic for a small company with a breakthrough product however I don't see it happening anytime soon.
No company, even with a lot of money and technological know how in their current area of expertise, can quickly reverse engineer the product and find alternative options that would be different enough from all of the variations of perkinamine the company has produced and tested. LWLG would be very far ahead of another company as far as "alternatives". Their recent hire of a materials expert speaks to their intention to press on with new discoveries of future alternatives.
To suggest Nokia or another partner is going to quickly come up with an alternative that tests out as good or better than Lightwave's offerings is silly. If you are working with a company and use their technology and start using their technology separately without approval you are bad shape if it goes to court. It is called stealing. You don't know how strong the patent moat is to say what you are saying. I believe Dr. Lebby has thought about the possibility of another company coming up with a stable alternative so he has established patents that can maintain the uniqueness of what they have to offer.
There is not going to be a big enough financial incentive for another company to go through all trouble of finding that alternative for their use if they are only a small part of the market; there will be many other companies using the LWLG polymers for really good devices doing it the right way. Nokia and or other companies won't want a long drawn out patent fight either. You only get into that if you think you can win.
LWLG has a strong patent moat yet it is possible a large company like Nokia can refuse to include money for patent use. Nokia has a ton of patents especially in the wireless area. The difference between IDCC and LWLG is Lightwave has the polymer that makes things go and no one else does so it is not just patents. If you want perkinamine and there are lwlg patents that are infringed there is leverage as you must pay to play.
This ongoing debate about institutional ownership only being passive is not correct as there are well over a hundred institutions other than Vanguard and BlackRock that own LWLG shares.
This statement refers to over 100 institutional owners who are not BlackRock or Vanguard some are passive funds and some are trading houses, banks and retirement funds.
Ted, the above statement has nothing to do with with the BlackRock discussion. My statement about about "some confidence" came refering to the fact the funds could have chosen not to have included LWLG in their index so that is at least some confidence. I have never said anything about price or LWLG being chosen as it was going to be a "wildly successful" company so don't make things up.
It is clear you have nothing better to talk about other than this nonsense.
I never have said or suggested BlackRock was trying to beat the index by buying LWLG. I would suggest that it is included because they want it in their version of the index and had the option of substituting something similar if they chose. That is stated as their choice as such in the prospectus.They don't want to fall too far behind the performance of the index considering they charge a higher fee than other funds that track the index. As a result they can hedge with alternative investments or buy options in the right market conditions to make up a cost difference. I am sure they would choose to not include in their version of the index, stocks that are likely to underperform so substitution is allowed, selectively..
That is why I showed the solid positions the two funds have with their LWLG shares. There must be some confidence there.
Ted, this is from the sample prospectus for the I shares Russell 2000 Growth ETF as well as the I Shares Micro-Cap ETF. They have a 20% active management component that gives them broad flexibility to invest in companies not in the index, exclude some that may be in the index as well as options and other alternative investments. The majority, (80%) track the index components But not exactly and similar stocks can be added. It is impossible to track the index exactly and they can choose to over or under weight any particular index component if they see fit. While it is mostly passive there is room for choice.
On pages 2-3
BFA uses a representative sampling
indexing strategy to manage the Fund.
“Representative sampling” is an
indexing strategy that involves investing
in a representative sample of securities
that collectively has an investment
profile similar to that of an applicable
underlying index. The securities
selected are expected to have, in the
aggregate, investment characteristics
(based on factors such as market
capitalization and industry weightings),
fundamental characteristics (such as
return variability and yield) and liquidity
measures similar to those of an
applicable underlying index. The Fund
may or may not hold all of the securities
in the Underlying Index.
The Fund generally will invest at least
80% of its assets in the component
securities of its Underlying Index and in
investments that have economic
characteristics that are substantially
identical to the component securities of
its Underlying Index (i.e., depositary
S-2
receipts representing securities of the
Underlying Index) and may invest up to
20% of its assets in certain futures,
options and swap contracts, cash and
cash equivalents, including shares of
money market funds advised by BFA or
its affiliates, as well as in securities not
included in the Underlying Index, but
which BFA believes will help the Fund
track the Underlying Index
I think it remains important that between the two funds they are holding 1.2 million shares. That is nothing to sneeze at.
BlackRock is a sprawling investment company engaged in many different investment strategies. They have a big business in etfs, some passive and some active in regards to management. Passively managed funds like BlackRock's Russell 2000 etf will closely follow the index but doesn't match it completely. They can choose to underweight or overweight a particular stock but it likely is not that signiificant.
They have actively managed etfs like the I Shares Microcap Index fund. I went on their site and as of 10/03/23 it held 268,456 share of LWLG with a market cap of $1,068,299.0. It ranked 199 out of 1534 holdings as far as market cap.
The Russell 2000 Growth ETF which is actively managed has 967,556 shares of LWLG with a market cap of $4,044,384.0. It has LWLG ranked 534 out of 1077 holdings as far as market cap. I think this is significant as there are many well known companies in the etf with much bigger market caps.
On Fintel BlackRock lists 7,951,559 shares of LWLG. That number would include shares in many funds that are not passively managed and some that are. Their etf's can follow indexes very closely or somewhat closely to allow the component of active management.
Vanguard will closely follow indexes with their indexed etfs but they have many funds run by stock picking groups that use quantitative analysis to pick their holdings. Thus active management comes into play for some of their mutual funds and etfs.
This ongoing debate about institutional ownership only being passive is not correct as there are well over a hundred institutions other than Vanguard and BlackRock that own LWLG shares. The fact that institutional holdings continue to rise suggests growing interest. Institutional ownership in the long run is good for the company for many reasons.
The stock price is awful based on where it has been the last couple years. Lightwave is a developmental small cap and these companies do poorly in a rising rate environment. There are recession fears as the 10 year treasury rate goes up to 4.8% as of today. Higher interest rates are tough on small companies trying to grow as they have to pay for equipment, supplies, salaries, advertising and rent.. They face risks of losing money as sales fall and getting stuck with unsold goods. Most small companies have debt and servicing their debt in a rising rate environment means they must pay a lot more. It is no wonder that small caps are hit hard here as there is a lot of negative market sentiment about rates. Short selling is lucrative in this kind of market.
Lightwave, for the most part, is a whole different story. They are just starting their commercialization with a technology that beats competitve technologies in all areas except name recognition. They have no appreciable debt to service (that is a big deal). They have enough money available for the next 18 months. They are very capital light as far as salaries , equipment and rent. They have increased lab space but are no where near the rent other small caps pay for manufacturing space and warehousing. Cost of supplies negligable. They just don't have the risks to their business with rising rates.
They have a technology that is greatly needed by the industry as it will greatly enhace data transmission, save power, it's additive with no cost to equipment and ideal for designing into new devices and now has proven STABLE. With generative AI coming there will be a need for better movement of data and that will increase productivity when it happens. Increasing productivity has been the biggest driver to lowering interest rates over the past 20 years as it moderates inflation. A well run supply chain is important as well.
The market has been spoiled with low inflation and low rates since 2007. Current interest rates are still lower now than the 1960s, 70s, 80s, and 90s. Other small caps could be in trouble because they have fed off relatively low rates on their debt for years and the existence of some was only possible because rates were low. Lightwave is in a category that is unique as the cost of doing business will be low even as they scale into the market over the next few years. Profits will come faster than usual as a result. Network upgrades need to happen even if their is a mild recession.
It helps that the current situation won't last. Looking to the future is more important than looking at the stock price daily. Our company's stock price will rise with commercialization news and rise fast for the above reasons.
The company doesn't need 5-7 foundries to produce all the modulator chips needed for data center transceivers the next 2 years. The staus report well over a year ago was 5-7 foundries engaged. The likelihood is that we are over 7 foundries engaged by now. Developing PDKs will go faster with the next wave of foundries that come on board.
The company has given some guidance on the data center supply planning but not other applications. The strongest need is updating data transmission from the data centers so it is logical to start there. Notice Dr. lebby is still talking "ubiquitous". I believe it is not just wishful thinking and downstream network upgrades with enhanced chips for network switches and routers has at least begun and may be further a long then we think.
The ECOC presentation obviously focused on stability which has been an overhang concern based on past attempts to try to use polymers for chip manufacture. They provided rock solid results regarding stability both thermal stability and photostability. No de-poling at high temperatures. These have been concerns that manufacturers and customers have had in the past. There was not enough time to highlight other selling points in much detail but those have been presented at conferences in the past so they were just mentioned.
In order to make a case for customers wanting to purchase Lightwave enhanced modulators, proving long term stability was a must. It looks like they have excellent data. I liked the chart showing how thermal stability has improved a lot year to year for the past 6 years. They said they are open for business now regarding commercialization but that is all they can say as the focus was meant to prove stability which was a prerequisite for commercialization.
While we wait for data from the ECOC presentation.
From the September 11 LWLG presentation, they agian stated license agreements contain agreement on license initiation fee, as well on a royalty percentage per unit. What could be more of a holdup is the minimum royalties agreed upon for the 1st, 2nd and 3rd years and beyond. This would require a good deal of customer interaction and also commitment for an agreement as either Lightwave or the partner (or both) will take on some financial risk. The risk seems heavier for the partner on the surface unless minimums are not thst significant. Caution in the contract process does produce likely back and forth negotiating and for and customer clarification of likely orders. All this takes time to work through. I believe much has already been determined but small variations in order estimates does mean real money that has to be agreed upon. This can't go on too long as 2024 is not that far away.
Skywater could be their partner for government business. Skywater has been certified as a trusted manufacturer here in the U.S. and has done business on military orders in the past.
Internet trolls post on message boards are motivated by the need for attention and the easiest way to get that attention on a mesaage board is to post inflammatory statements. They feed off of the power of being able to raise tension on the message board by getting others angry who respond then leading to back and forth arguing. They will make statements that bait others. The attention they get and the ability to rile up the entire board leads to a sense of importance.
While it feels good to respond at the time to get rid of one's upset, it only encourages further responses.
The best solution is to not respond directly and not to get into back and forth arguements. It is better to isolate a disruptive individual who appears to be trolling the board. It is better to ignore. It is better to not feed a troll.
In answer to your question I imagine it is because there is much volatility with such penny stocks and BS on message boards can influence retail buying. No credible investors play with such stocks but people who pray on other's naivety will by trying to influence them on message boards to move the stock in one direction or another. That works if one can sell himself as truthful and helpful to others on the board.
Most of Ted's negative posts remain built on the lack of all of the details of development with partners due to NDAs and the fact that developmenting a disruptive technology, with partners who have a big role in the timing as to when joint efforts come to some fruition, gets accomplished. Anytime a company has to rely on another company to do their part, timing of.completion of joint developmental work can be different than one expects. The same goes for when contracts become final. Requests for enhanced testing from customers beyond what was estimated will also push out commercialization beginning. In Lightwave's case, the availablility of the new low temperature ALD process became a requirement to make commercialization a success and added more time to development.
We have had to try and come to conclusions on Dr. Lebby's reports on progress which leaves some things not said and Bashers such as Ted will have a field day with making negative conclusions based on that. Shareholders have made assumptions that were overly positive in the past because there is a limited amount of details that the company can give based on partner expectations with NDAs in place. It can work both ways but the difference is that shareholders have taken what Dr. Lebby does say and trusts the message where Ted and other Bashers consistently say he is purposely deceptive. It is extremely doubtful that a man who has the background that Dr. Lebby has would mislead current and prospective shareholders. He has a strong imperitive to preserve his excellent work record and reputation.
Ted on the other hand posts all through the day into the evening with the admitted agenda to expose what he says as mistruths by shareholders and Dr. Lebby. He admits being a stock trader, hence someone who will invest based on perhaps a 2- 4 month time frame looking to turn options into profits. That is necessary to make a market but one can see his agenda could be bashing the stock to influence people to not own shares. He has been accused by board members of being a paid Basher which he has denied. Bashers are paid by their employers often by volume and possibly quality of negative posts. He has been fixated on getting the price down to $2 or less. Sounds like whether he is a trader, employed Basher or both he has a set agenda.
He posts throughout the day, debates other posters on semantics of what management says and writes repeatedly how honest and trustworthy he is while saying Dr. Lebby is not trustworthy. He seems to portray himself as some kind of savior of new investors.
He continues to implore new board members to read his 3 Red Flags highlighting his negative views. I would say new investors should do just that and then listen to the last 2 or 3 annual shareholders meetings and press releases from the last several months. You will then have a true balanced view to make deciisions. I think you may well see that an anonymous poster on a stock message board is trying to tell you to trust him and not your own lying eyes.
I believe in the facts that proto and X offer the board a lot more than your "facts". That and the fact you have increased your volume of bashing posts over the past few months daily fillng up the board with nonsense led me to be more outspoken about your mission. I was largely trying to ignore it until recently.
I would imagine these companies that offer bashing services now have their basher employees sign Non-Disclosure Agreements to keep identies secure so our friends doing so on the board REALLY do know about them.
I read this on Reddit. It is a post from 2006 so it is old but you get an idea about the life of a Stock Basher. Such bashing has been going on a long time.
Shillspotting 101: The "Confessions of a Paid Stock Basher" article from 2006
Topic❗️
I am simply copying the entire text of the original post. The only change I am making is highlighting certain parts for those Apes who went extra hard on the crayons this morning and can't handle too many words at once.
Original post: http://www.articledash.com/Article/Confessions-of-a-Paid-Sto" rel="nofollow" target="_blank" >insert-text-here
ck-Basher/217
"Confessions of a Paid Stock Basher
Today I want to come clean about something I feel very badly about. I cannot undo some of the things I have done, but hopefully this message will prevent other such occurrences in the future.
I am a paid basher.
Yes, it is true. Today is my last day at this company; I'm moving on to a new job. I've realized that there are more dignifying jobs out there that can pay me equally as well. But before I go, I want to explain a few things because this just isn't right and I won't feel good about myself until I expose this sham. It's hurt too many people and I don't want it on my conscience anymore. I can no longer live with a lie.
I work for a company called Global Calumny Funds in Stamford, CT. Basically, it's a Boiler Room much like the one in the movie of the same name. The idea behind my group is to bash the price of a company's stock down low enough to where the group of investors who retained our company's services can buy the stock really cheap and perhaps even take it over all together.
There are approximately 70 people at the company divided into several groups. My group, consisting of 5 people, is responsible for IDWD. While I probably shouldn't give any names of anyone working here now, what the heck, I'm leaving here, so what can they do? sue me? Ha! I can tell you that laptoptrader and janice shell were part of my group until he left last week, as was ninaturtle. Others who have been part of this include early bashers like hard data and Investorman. You may be interested to know that some hypsters, such as MONEYMADE and even Datatech!!, have also been part of the scam (more on that later).
There are several companies engaged in the bashing business, ours is not the only one. However, I can tell you that not every basher in here is a paid basher. Having done this for a year, I can usually tell who is a paid basher and who is merely someone having a little fun. While unpaid bashers have a different motive than someone like me, they can be unwilling accomplices to helping me achieve my ultimate goal and they also spread rumor and confusion throughout a room, which also helps me.
What is that goal? Well, I am merely a cog in a much larger machine, so my bosses never really explained the big picture to me, but I'd say essentially, Shaddowwatch2oo3 was right. There are several companies who are quite familiar with Jim Bishop and Janice Shell and who are deathly afraid of them.
There are three types of bashers here at Global Calumny Funds: Advanced, Intermediate and Beginner. An Advanced-level basher (also known as a Silver Tongued Devil) would spread false or misleading information about the company. They would deal in facts, countering every longs post with articles, news reports and opinion surveys that gave a negative impression about the company.
An Intermediate-level basher (also known as a Serpent) would try to weasel their way into the confidence of longs and create doubt using rumor or innuendo.
Finally, a Beginner-level basher (also known as a Pitchfork) would attempt to create confusion in the room by distracting other posters with satire, name calling and pointless arguments. The idea was to make sure no serious discussion of the stock could take place. A Pitchfork was usually a basher, but not always. Sometimes, we would throw in a hypster Pitchfork such as MONEYMADE and laptop and a pumper like Datatech to create the illusion of an argument going on. What was really funny (in a perverse way, I guess) was that Datatech and I sat next to each other, laughing the whole time.
I was a Serpent basher, because I am known for effective bashing based on solid facts and truth. I was paid a base wage of $18 an hour for my services. I was given a $1.25 bonus for every decent quality post over 100 per day as well as a monthly bonus of $100 for every penny the stock had dropped from the previous month. I was also paid a bonus for bashing on weekends. While this may not sound like much, I made a decent, though dishonorable, paycheck plus a nice Laptop with free wireless internet connection.
Each of us sat in a small half-cubicle in a cluster with our teammates. Each group (usually five people) was made of three beginners (two who would bash and one who would hype), one intermediate and one advanced level basher. Occasionally for some of the hotter stocks, one of the beginners would be replaced by an intermediate depending on how much the stock was rising. IDWD was a low-level stock, meaning it got the 3-1-1 configuration.
Honestly though, somehow, I get the feeling that WV Hillbilly may have worked for a basher company or knows someone who does because the fund websites he occasionally posts is eerily similar to our employer's websites. While not exact, I'd say it is about 90 percent the same. We do have certain rules that we follow.
First, we have to develop a character and stay within that character in order to build a "following." My character, "FogOfWar," was a humorous, sarcastic, obnoxious supporter of free speech and loved to portray himself as a truth-telling superhero, but only when it came to bashers.
Next, we had to follow certain guidelines on what we could say. We were urged to have an "answer" to every long's question, but we were to frame that answer in a way that ridiculed the questioner for asking such a question. However, we were never to use profanity or vulgarity because that would cause people to ignore us. We were to make fun of people, but in a civil way. The idea was to get "play," i.e. reaction from other posters. The more play we got, the more the room would be disrupted. Ignored posters get no play. One exception would be the hypsters since they were "defending" the stock against our onslaught, they got a little more leeway. People would side with the hypster because they thought he was real since he appeared to be on their side, but was really on ours, setting us up to disrupt the room. MoneyMade was quite good at this and gets paid very well.
I've worked on IDWD, VLO, AGII, QBID, BKMP for a few months now. In addition to the FogOfWar alias, I've used a few others on several other boards as well. I've used so many aliases that I can not remember the monikers or the passwords. I honestly lost track of everything. I stuck with FogOfWar because it was the one that got the most play from other posters.
In closing, I feel absolutely terrible about this. It's just awful how I've been part of a scam designed to cheat honest, hard-working people out of their investments all for the benefit of a few wealthy people who already have enough money to last a lifetime.
These greedy people MUST be stopped. That's why I'm posting this before I leave. I want to make up for some of the damage I've done. I can't live with this lie anymore. You can't imagine how hard it is to look at myself in the mirror each morning knowing my job is to cheat and lie.
I have to go now, I'm too broken up to continue. I hope this confession can make up for my sordid deeds; I would urge everyone who reads this to inform as many people as you can. Only by shining the light of truth can we drive these rats back into the darkness from whence they came. Believe me, they don't want publicity.
Good luck and I hope all of you the best in your investment endeavors."
Ted is right, the perspective on Lightwave's prospects come down to credibility. Credibility has to be considered based on what Dr. Lebby reports publically as well as what an informed person knows about the semiconductor industry, how long it takes to develop new technology and competiition/NDAs likely in place.
Dr. Lebby has told us that manufacturing using completed PDKs is working at the foundry level. Some believe him and others don't.
Most have heard the old saying "A leopard doesn't change its spots". The meaning goes to people will behave through their adult life with the same quality of a moral compass, good or bad, and makes good choices or bad ones consistently. based on that. The Bashers say Dr. Lebby is being purposely deceitful to shareholders and basically stringing us along.
I put a lot of stock in the quality of the person delivering the message. Dr. Lebby has beean in the public eye for decades. He has over 450 patents internationally. Do you think he could get away with lies in writing these patents? He has extensive speaking history to colleagues, interacting with luminaries in the photonics and semiconductor industry. Do you think he would have that good a reputation if he was decietful? I don't and that is why when he says the tech will become "ubiquitous" I believe, at least it will be taken up widely based on reported specs to date (more to come Monday) and Dr. Lebby's integrity as a responsible leader. I believe NDAs limit what he can say and I take that into account when it comes to names of partners now. It would be silly to give out hints of how many NDAs there are or the size of companies under NDAs and turning it into a guessing game for shareholders and competing companies. NDAs anticipate well the information that must be held back so they are tight. That is why he can tell us about success of testing and manufacturing in general terms and being ready for commercialization and not much more until the partners under the NDA agree.
I can't see how such a man would jeopardize his legacy with a scandal based on lies about technology development.
I can't imagine a more competitive industry than the semiconductor space. If you are not ready with a market acceptable product, where all the kinks are worked out
and samples test well, when industry plans its upgrades you lose out.of sales .The risk there is you may lose your customers for the next cycle in the process. The foundries have to prove themselves reliable otherwise others will take their market share. They are always looking over their shoulder as to who is creeping up and ready to pass them witth their offerings technologically. Many of the bigger foundries have tentacles all over keeping vigilant on the possibility of a competitor. They know LWLG is a possible future competitor but they don't know details about how ready they are with partners thanks to effective NDAs.
If you are going to work with foundries in a competitive environment which is 100% of the time you have to respect their wishes about disclosing anything until they are ready. Lightwave management knows that they are under the microscope to see if they can be a trustworthy partner. Companies will see how well they can keep their mouth shut when it counts. You don't deviate from the NDA guidance. The success of the company relies on mutual trust.
Knowing how many NDAs they have is not that useful. They are not all foundries.
Here is a timeline on the development of OLEDs. It took a long time to finally get it right before it became commercially viable for a wide range of displays. Unique technology that can be disruptive is often in development for years. Information from the address below.
Notice it took 20 years from the first invention of OLEDs to their use in commercial smart phones.
https://www.displaymodule.com/blogs/knowledge/oled-history[url][/url][tag]insert-text-here[/tag]
1987: The first OLED prototype is created by researchers at Eastman Kodak.
1991: The first commercial OLED product, a simple red OLED display, is produced by Kodak.
1998: The first blue OLED is produced, opening up the possibility for full-color OLED displays.
2002: The first OLED TV is introduced by Samsung, a 13-inch prototype display.
2007: The first OLED smartphone, the Sony Ericsson W580i, is introduced.
2010: The first OLED television for consumer purchase is introduced by LG.
2014: The first curved OLED TV is introduced by Samsung.
2017: The first foldable OLED smartphone, the Samsung Galaxy X, is unveiled.
One of the most exciting developments in OLED technology has been the introduction of flexible and transparent displays. These displays have the potential to revolutionize the way we interact with displays, making them more immersive and user-friendly. For example, Samsung has already introduced a line of foldable smartphones that use OLED technology, while LG Display has developed a flexible OLED display that can be rolled up like a newspaper.
2019: The first OLED-powered laptop, the MacBook Pro 16-inch, is introduced by Apple.
In conclusion, the history of OLED technology is one of rapid evolution and innovation. From simple red displays to the latest in curved and foldable displays, OLED technology has come a long way in a short amount of time. With its bright, vivid displays, fast response time, and high contrast ratios, OLED technology is set to play a major role in the display and lighting industries for years
No serious investor will look upon Ted's ranting posts as a guidance on whether to invest or not invest in the company. He is certainly annoying but in the end he is just irrelevant.
Ted is doing himself a disservice posting as much as he does. The more he posts and people repond negatively to them, the more unhinged from reality he gets. He practically is yelling in his posts that he never lies and has been right all along about Lightwave's failures. He says nobody has proven that he is deceitful in his posts when many people have done so.
Ted if you are still monitoring the board, it would be good if you took some kind of break from posting as you are sounding too upset to continue and sounding more and more irrational.
Most of Ted's posts are about old history that is no longer relevent or information that is not described by Dr. Lebby to his satisfaction implying the company is hiding problems. Instead of taking a wide look at all the evidence of progress he doubles down on small details that highlights ambiguity.
Ted, this post shows you have lost your grip on reality. You are like Don Quixote riding your horse with your lance chasing imaginary giants.
You can do it yourself Ted. as you want to prove something that in the end doesn't matter much to me. What matters are increasing ownership seen among them with almost all adding shares when you look at change of ownership.You can see that there are other entities other than index funds as ownership such as trading companies that do their own research, Banks and wealth management companies. Institutional ownership going up is a good thing.
ve Logic Inc - Institutional Ownership - Buyers
Here is a current list of institutional ownership from Fintel. You can get a better look by searching for it yourself. There are 117 listed owners. The first number after the name is total shares held. Change in percentage of shares owned is the second
coulumn and almost all institutions have been Adding. Doing a search gives you a clearer picture on the
numbers..
Do yourself a favor and do
a Google search for institutional ownership of LWLG on Fintel and you will see all 117
institutions, a mix of funds, Banks and trading companies.
NASDAQ
4.79 -0.10 (-2.04%)
Sep 26, 2023, 4:00:00 PM EDT
SHARE PRICE
4.79 0.00 (0.00%)
Sep 26, 2023, 4:01:50 PM EDT
EXTENDED
Day's Range 4.75 - 4.95
52 Week Range 3.88 - 9.64
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Industry Miscellaneous Plastics Products
Institutional Buyers 117
Opened Positions 17
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Institutional and Fund Ownership - Buyers
Major holders that have opened new positions in LWLG / Lightwave Logic Inc include IWC - iShares Micro-Cap ETF, Mitsubishi UFJ Kokusai Asset Management Co., Ltd., KOMP - SPDR S&P Kensho New Economies Composite ETF, FZROX - Fidelity ZERO Total Market Index Fund, Arete Wealth Advisors, LLC, EQ ADVISORS TRUST - 1290 VT Micro Cap Portfolio Class IB, BIP Wealth, LLC, PROSHARES TRUST - ProShares Nanotechnology ETF, NATIONWIDE MUTUAL FUNDS - Nationwide Fundamental All Cap Equity Portfolio Class R6, JETSX - Total Stock Market Index Trust NAV, PUTNAM ASSET ALLOCATION FUNDS - Putnam Income Strategies Portfolio -, Belvedere Trading LLC, Belvedere Trading LLC, Global Wealth Strategies & Associates, Glassman Wealth Services, Cwm, Llc, and ORG Partners LLC .
This page shows changes in the ownership structure by listing institutions, funds, and major shareholders that have increased their holdings or opened new positions in the last reporting period. Green rows indicate new positions. Click the link icon to see the full transaction history.
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File Date Source Investor Type Avg Price
(Est) Shares ? Shares
(%) Reported
Value
($1000) ? Value
(%) Port Alloc
(%)
2023-09-26 NP SUNAMERICA SERIES TRUST - SA Small Cap Index Portfolio Class 1 13,107 1.25 88 51.72
2023-09-25 NP SWSSX - Schwab Small-Cap Index Fund 264,588 1.90 1,778 52.23
2023-09-25 NP FZROX - Fidelity ZERO Total Market Index Fund 39,172 263
2023-09-25 NP FSSNX - Fidelity Small Cap Index Fund 1,020,590 3.97 6,858 55.26
2023-09-25 NP FLXSX - Fidelity Flex Small Cap Index Fund 15,403 9.58 104 63.49
2023-09-25 NP GSAOX - Goldman Sachs Small Cap Growth Insights Fund Class A 2,782 19
2023-09-25 NP PNASX - SmallCap Growth Fund I R-1 12,666 8.18 85 63.46
2023-09-15 NP NATIONWIDE MUTUAL FUNDS - Nationwide Fundamental All Cap Equity Portfolio Class R6 1,654 11
2023-08-28 NP RYRRX - Russell 2000 Fund Class A 848 1.80 6 25.00
2023-08-28 NP SSMHX - State Street Small/mid Cap Equity Index Portfolio 38,500 18.46 268 58.58
2023-08-28 NP Profunds - Profund Vp Small-cap 349 1.45 2 100.00
2023-08-28 NP VEXMX - Vanguard Extended Market Index Fund Investor Shares 1,559,962 0.99 10,873 34.59
2023-08-28 NP Profunds - Profund Vp Ultrasmall-cap 481 1.69 3 50.00
2023-08-28 NP RYRUX - Russell 2000 2x Strategy Fund A-Class Shares 519 1.57 4 50.00
2023-08-28 NP TRZIX - T. Rowe Price Small-Cap Index Fund 5,627 9.69 39 50.00
2023-08-28 NP KOMP - SPDR S&P Kensho New Economies Composite ETF 174,986 1,220
2023-08-28 NP RYMKX - Russell 2000 1.5x Strategy Fund Class H 199 2.58 1 0.00
2023-08-25 NP JOHN HANCOCK VARIABLE INSURANCE TRUST - Strategic Equity Allocation Trust Series NAV 19,018 6.05 133 41.94
2023-08-25 NP IWM - iShares Russell 2000 ETF 2,634,548 8.05 18,363 44.00
2023-08-25 NP ITOT - iShares Core S&P Total U.S. Stock Market ETF 118,728 0.57 828 34.04
2023-08-25 NP JESIX - Small Cap Index Trust NAV 24,485 3.40 171 38.21
2023-08-25 NP QUANTITATIVE MASTER SERIES LLC - Master Small Cap Index Series 197,819 11.00 1,379 47.85
2023-08-25 NP EQ ADVISORS TRUST - 1290 VT Micro Cap Portfolio Class IB 21,514 150
2023-08-25 NP BBGSX - Bridge Builder Small/Mid Cap Growth Fund 20,189 23.49 141 64.71
2023-08-25 NP EQ ADVISORS TRUST - EQ/Morgan Stanley Small Cap Growth Portfolio Class IB 18,000 5.60 125 40.45
2023-08-25 NP IWO - iShares Russell 2000 Growth ETF 967,556 9.90 6,744 46.46
2023-08-25 NP JETSX - Total Stock Market Index Trust NAV 991 7
2023-08-25 NP IWC - iShares Micro-Cap ETF 268,456 1,871
2023-08-24 NP FECGX - Fidelity Small Cap Growth Index Fund 49,193 12.71 343 50.00
2023-08-24 NP VARIABLE INSURANCE PRODUCTS FUND II - Extended Market Index Portfolio Initial Class 7,135 93.10 50 157.89
2023-08-23 NP LINCOLN VARIABLE INSURANCE PRODUCTS TRUST - LVIP SSGA Small-Cap Index Fund Standard Class 95,000 3.83 662 38.49
2023-08-23 13F Wolverine Trading, Llc Call 22,200 155
2023-08-22 NP NATIONWIDE VARIABLE INSURANCE TRUST - NVIT Small Cap Index Fund Class II 18,211 6.06 127 41.57
2023-08-21 13F/A Advisor Group Holdings, Inc. 42,301 30.96 295 77.11
2023-08-18 NP VVICX - Voya VACS Index Series SC Portfolio 17,437 14.75 122 53.16
2023-08-16 13F/A Nuveen Asset Management, LLC 307,911 1.94 2,146 214,500.00
2023-08-15 13F Goldman Sachs Group Inc 186,749 106.88 1,302 175.64
2023-08-15 13F Wells Fargo & Company/mn 52,296 124.40 365 200.83
2023-08-14 13F Tower Research Capital LLC (TRC) 3,550 9.13 25
2023-08-14 13F Royal Bank Of Canada 14,043 27.88 99 73.68
2023-08-14 13F Jane Street Group, Llc 90,697 165.34 632 255.06
2023-08-14 13F Ameriprise Financial Inc 12,630 12.07 88 51.72
2023-08-14 13F Morgan Stanley 169,713 43.21 1,183 90.95
2023-08-14 13F Gateway Wealth Partners, LLC 18,175 10.99 127 48.24
2023-08-14 13F D. E. Shaw & Co., Inc. 107,629 750
2023-08-14 13F Millennium Management Llc 833,260 7,570.63 5,808
2023-08-14 13F Voya Investment Management Llc 45,680 4.58 318 39.47
2023-08-14 13F Aqr Capital Management Llc 19,589 14.22 137 52.81
2023-08-14 13F State Street Corp 2,483,450 10.41 17,310 47.15
2023-08-14 13F Citadel Advisors Llc 251,889 24.55 1,756 66.04
2023-08-14 13F Price T Rowe Associates Inc /md/ 62,267 2.90 0
2023-08-14 13F Legal & General Group Plc 108,498 87.05 762 151.16
2023-08-14 13F Bank Of America Corp /de/ 125,704 62.42 876 116.83
2023-08-14 13F Citadel Advisors Llc Call 45,100 94.40 314 159.50
2023-08-14 13F Vanguard Group Inc 8,002,391 23.82 55,777 65.01
2023-08-14 13F Balyasny Asset Management Llc 21,450 150
2023-08-11 13F Fmr Llc 1,884 87.28 13 160.00
2023-08-11 13F Amalgamated Bank 17,406 10.81 0
2023-08-11 13F Northern Trust Corp 1,054,929 3.11 7,353 37.42
2023-08-11 13F State Board Of Administration Of Florida Retirement System 32,560 65.36 227 121.57
2023-08-11 13F Susquehanna International Group, Llp 491,585 52.10 3,426 102.72
2023-08-11 13F Susquehanna International Group, Llp Call 254,600 1,100.94 1,775 1,512.73
2023-08-11 13F Susquehanna International Group, Llp Put 291,400 29.63 2,031 72.85
2023-08-11 13F Geode Capital Management, Llc 2,303,711 5.70 16,057 40.85
2023-08-11 13F UBS Group AG 88,211 92.34 615 156.90
2023-08-11 13F BlackRock Inc. 7,951,559 14.07 55,422 52.02
2023-08-11 13F Pnc Financial Services Group, Inc. 10,936 49.81 76 100.00
2023-08-11 13F Jpmorgan Chase & Co 215,834 23.96 1,504 65.27
2023-08-11 13F Credit Suisse Ag/ 101,511 9.44 708 45.77
2023-08-11 13F Manufacturers Life Insurance Company, The 44,494 6.92 310 42.86
2023-08-11 13F Brandywine Oak Private Wealth Llc 60,774 87.01 424 150.30
2023-08-11 13F Invesco Ltd. 50,292 3.55 351 37.80
2023-08-11 13F Kestra Advisory Services, LLC 40,953 5.81 285 41.09
2023-08-10 13F Citigroup Inc 36,893 1,204.10 257 1,735.71
2023-08-10 13F Charles Schwab Investment Management Inc 853,269 1.93 5,947 35.84
2023-08-10 13F Commonwealth Equity Services, Llc 31,303 32.62 0
2023-08-10 13F ProShare Advisors LLC 19,571 47.18 136 97.10
2023-08-10 13F Proequities, Inc. 0 0
2023-08-09 13F Group One Trading, L.p. 125,745 84.69 876 146.07
2023-08-09 13F Mitsubishi UFJ Kokusai Asset Management Co., Ltd. 259,849 1,811
2023-08-09 13F Arete Wealth Advisors, LLC 22,600 0
2023-08-08 13F Focused Wealth Management, Inc 800 18.52 6 66.67
2023-08-08 13F Glassman Wealth Services 143 1
2023-08-08 13F Belvedere Trading LLC Call 900 6
2023-08-08 13F Belvedere Trading LLC 18,749 131
2023-08-08 13F Belvedere Trading LLC Put 500 3
2023-08-07 13F Principal Financial Group Inc 13,540 9.05 94 46.88
2023-08-04 13F American International Group, Inc. 55,210 1.25 385 34.74
2023-08-03 13F Bank of New York Mellon Corp 383,352 1.74 2,672 35.58
2023-08-03 13F Cwm, Llc 41 0
2023-08-02 13F Bank Of Montreal /can/ 37,102 41.07 291 157.52
2023-08-02 13F Bank Of Montreal /can/ Put 37,100 41.06 291 157.52
2023-07-31 NP VITAX - Vanguard Information Technology Index Fund Admiral Shares 844,051 11.33 6,254 39.82
2023-07-31 NP NTKI - Nationwide Russell 2000 Risk-Managed Income ETF 510 7.59 4 50.00
2023-07-31 13F LPL Financial LLC 228,402 1.60 1,592 35.40
2023-07-31 NP VRTGX - Vanguard Russell 2000 Growth Index Fund Institutional Shares 90,412 2.04 670 28.16
2023-07-31 NP VRTTX - Vanguard Russell 3000 Index Fund Institutional Shares 9,331 17.89 69 50.00
2023-07-27 13F BIP Wealth, LLC 15,012 105
2023-07-27 NP PUTNAM ASSET ALLOCATION FUNDS - Putnam Income Strategies Portfolio - 914 7
2023-07-27 13F Virtu Financial LLC 32,319 87.44 0
2023-07-26 NP PROSHARES TRUST - ProShares Nanotechnology ETF 4,652 34
2023-07-26 NP FCFMX - Fidelity Series Total Market Index Fund 149,070 6.05 1,105 33.17
2023-07-26 NP ONEQ - Fidelity Nasdaq Composite Index Tracking Stock 33,815 0.32 251 26.26
2023-07-26 NP FSKAX - Fidelity Total Market Index Fund 198,414 7.28 1,470 34.74
2023-07-25 NP BGLSX - Boston Partners Global Long/Short Fund Institutional Class 0 -100.00 0 -100.00
2023-07-25 13F Umb Bank N A/mo 308,092 1.65 2,147 35.46
2023-07-25 13F ORG Partners LLC 0 0
2023-07-25 NP BPLSX - Boston Partners Long/Short Equity Fund INSTITUTIONAL Short -45,396 16.50 -336 46.72
2023-07-21 13F Walkner Condon Financial Advisors LLC 49,223 104.05 343 173.60
2023-07-05 13F Global Wealth Strategies & Associates 500 3
2023-06-27 NP TISBX - TIAA-CREF Small-Cap Blend Index Fund Institutional Class 168,758 12.69 759 -19.34
2023-06-27 NP JPSE - JPMorgan Diversified Return U.S. Small Cap Equity ETF 31,434 13.46 141 -18.97
2023-06-27 NP BBSC - JPMorgan BetaBuilders U.S. Small Cap Equity ETF 63,062 28.87 284 -7.82
2023-06-26 NP SLPIX - Small-cap Profund Investor Class 108 27.06 0
2023-06-26 NP ISCG - iShares Morningstar Small-Cap Growth ETF 27,024 4.67 122 -25.31
2023-06-22 NP FTEC - Fidelity MSCI Information Technology Index ETF 103,195 2.70 464 -26.58
2023-05-26 NP Blackstone Alternative Investment Funds - Blackstone Alternative Multi-Strategy Fund Class I Short -200 -1
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I can see your point on the lack of more specifics with details on development but I also believe it is typical for technology companies not to disclose a lot of details around development until the development is done. We get more information than most companies give during the development phase. It doesn't seem as much because it has taken a long time and there are no revenues yet, but the company is saying commercialization is getting underway. We will see. I would very much like more details as well.
Shareholders have more hope than non shareholders. You post incessantly about your reasons for failure so you should not be surprised at attempts to counter your catastrophizong. It goes with the territory.