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.
thanks for the link but I'm getting an error when I try to access it any idea?
Please provide ASM audio link, if anyone here comes across it.
Six, I believe the gentleman that asked the question about who the competition was, was an analyst. I think he introduced himself that way.
I want to listen again to the audio without being interrupted to make sure.
Odd, I was interrupted a few times while listening to it but one tidbit I gleaned. A question was asked about who LWLG's main competition is...TZ, I believe answered "no one". Another member of mngt said that LWLG has no competitors except for the ones that will be disrupted by this tech.
Please, anyone feel free to edit this for clarity as, like I said, I was interrupted while listening and may not have it exactly right.
T minus 24 hrs. and counting EST...Looking forward to answers and outlook.
A gentleman from Germany, politely introduced himself to the board. I acknowledged him and welcome his comments.
Can't imagine why you'd have a problem with that.
You might want to attend the ASM and ask your own questions.
Yeah Spooks, what he said! Get em' proto.
A job well done by Germany, Michael. Congrats!
Go LWLG!
I believe the voting result will be yes for all, but suggest everyone vote the way they want.
My broker emailed me the proxy link and I was able to vote online as I can't attend the ASM.
KC, right on with your post 12736. I just went back to it.
I seem to remember reading it but forgot the content. It must have rubbed off on me subliminally. What do they say about great minds??
Anyway, agreed on the 2 year timeline...seems to be about the time the ship was righted and it is the time frame we should concern ourselves with.
Just watched the rocket slide presentation you mentioned.
If I was an investor then, and saw that, and bought the stock, and it didn't take off, I'm not sure what I would have done.
If they jumped the gun on the manner of that presentation and that slide in particular...basically made a mistake, and instant profits didn't materialize, should present day mngt be held accountable?
Either it's all a joke or they are still trying. PS is no longer here, correct? Where did he go? What were the circumstances of his departure/retirement? I know what the press release says but what was the truth?
Is it possible that he jumped the gun...many bought...many were left holding the bag...many were PO'd.
You and I can't change any of that. Many of you here have sharp minds and experience with this tech and company. Can we concentrate on the TZ era, post PS, and use that as the beginning of our timeline? Two and a half years ago until today. Where were we then and where are we now?
Baby steps back then, giant leaps, hopefully right now.
Gates, understand though that I didn't see that. I didn't buy LWLG because of that. Face value of what I'm reading and seeing is positive given my time frame involved.
Understood...If I had seen that I think I would have had much to say to them.
Gates,
In the early days of the space race and V2's for that matter, how many rockets blew up on the launch pad or were aborted shortly after liftoff, before they got one to perform? The greatest Soviet, German and German American scientists and engineers were failing, one after another,time after time and they had a huge amount of resources and military budgets backing them.
Hell, private companies are doing it now, because history did the trial and error.
That may be a poor analogy and I'm not sure who led everyone to believe they were ready for blast off, but they have to be closer now than they were then.
I've never brought a technology along from birth to fruition, but I believe solid engineering/physics/chemistry principles apply along with a heavy dose of trial and error.
Hopefully, they've learned quite a few lessons from early work and that can only make progress exponentially quicker. Hopefully.
Bill Murray, from Groundhog Day, comes to mind. If 3 years from now, I'm not on at my beach house and still here on IHUB, I will 100% know where you're coming from. I certainly see the past promises and indications that this was about to take off, that have frustrated so many here.
I'm coming at you as relative newcomer in the timeline. (2 years)
I bring that perspective. Not trying to change anyone's opinion or alleviate any sourness. Just trying to comment on what I read and offer my opinion. I'm certainly not playing with Monopoly money either.
I see three scenarios.
1. They have been riding investors, raising funds, giving out tidbits to keep everyone hooked, saying "Just wait until next Quarter"....just to collect paychecks.
2. They have great intentions, but lack the material or expertise.
3. They are acting as a professional group, taking the proper steps to bring a difficult product to market.
One and two we lose.
Three is big.
I'm going with the assumption that they are acting in good faith so that rules out 1.
The quiet confidence I read in the releases makes me believe it's number 3.
I haven't, but then again I haven't read as much modernist poetry as I probably should have.
Oh,Charles Olson, LWLG, marketing vp, circa 2011. Now maybe that was putting the cart before the horse...
I understand you skepticism but we need to ask if the tech is in a more advanced state than it was then?
I haven't
Haha...I like that last line. I certainly agree with you. My thought is that a new emphasis seems to be on infrastructure as well as the goo. As if getting the goo to work is a foregone conclusion and now the prep is for commercializing it.
If all they really mentioned was the goo, I would be concerned. Highlighting additional prep and expenses for personnel, equipment, marketing, etc. makes me believe they are moving towards revenue.
We all want the goo to work and for them to sell it. I don't think they would put the cart before the horse and look at selling it until they believe it is viable.
I don't have the answer for your question F2...but I found the 10q to be a positive indicator.
Many of the statements made in the 10q are confident and the type of statements a company moving towards commercialization would make. I'm not an accountant, nor a chemist but the increase or reduction in certain expenses seem to lead in that same direction. The house has been put in order and they seem to be exactly where they need to be to take the next step.
We are devoting significant resources...
We expect to continue to develop products...
As we move from a development stage company to a product supplier...
the financial condition and results of operations reflected in our historical financial statements are not expected to be indicative of our future financial condition and results of operations...
As part of a two-pronged marketing strategy...
These expenses will increase as a result of accelerated development effort to support commercialization...
and significantly increase expenditures related to the future production and sales of our products...
Item 2 Overview that begins on page 14 is just what I wanted to hear.
Thanks for reminder...just did.
Where is John Glenn when we need him...
Not rooting for it...I don't care one way or another...just keeping an eye on it...
Thx Odd...just checked...i think it's 9 if today's close is $1+.
7/30...108
7/31...115
8/1....112
8/4....120
8/5....106
8/6....107
8/7....103
8/8....102
8/11...???
Haha...talking about the message board. Company figures we can wait ten days, I think. How many days above $1 are we now?
Are you guys giving me the silent treatment?
Agreed....the more press on this tech, the better for all concerned...everyone will be hedging bets on all companies involved.
Th6565, here's wishing you a healthy and successful 80th birthday year!
Georgejones/Buz....George, pay little attention to the anonymous bully, that is buz...he enjoys the gavel and silencing all that challenge his self perceived authority. Buz, do this board a favor and withdrawal as moderator until you gain some integrity. You may have owned LWLG for a long time but you're only half way there as an adult.
If I had the doubts and urgent timetable of some on this board, I would def be in CO asking face to face questions, rather than trying to figure it out here. Take the advice of many....lighten your holdings and buy back as it starts to move up...you'll be the first to know...you watch it every minute. Probably prudent.
I'm in a cabin on a lake in New Hampshire...canoeing, biking, hiking...brass quintets in the evening....sitting on dock at night counting stars...going to the top of a mt today...falling asleep to the sound of loons.... I wish you all peace and serenity for I fear there will be men in white uniforms carrying sraightjackets at the ASM....
If all of our hopes come to fruition....as with anything valuable....I'm sure there will be offers...the folks that understand exactly what they have and if/how it works will be able to decide if the offers are high enough or not. Will they want to drive this tech for the next 5 or 10 or 15 years? Will they want to take on that challenge?
SS, I think that's a pertinent question to ask. I was looking at the amount mngt owns...and then looking at the amount I own...I'm just a regular guy.
I just sold my golf clubs and soccer balls on ebay, to buy more LWLG!!!
Good point SteveSchiets...Regular, monthly acquisitions would make it a smaller pill to swallow and much more positive.
Yes, please explain. eom
Thx Duck, but I had to chuckle at that guy's conclusion.