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Lebby didn't state them as goals just a time frame of 2023 and 2024 for licensing and development of Perk 6. He just gave a broad timeline this year and less specific than he has in the past. Investors would hold him to the timelines like 1H23 so I guess this is less pressure and complaints.
I think they have a company working on a corporate logo, but Lebby did not want to give the name or guidance at this time. The have been getting positive feedback on the logo samples they have received back from the company but not yet ready to scale but are more comfortable this year than last year.
I'm not sure what the reason. They are so tight lipped that they won't even give us the number of foundries or names they are working with this year but had no problem last year given numbers and locations but are totally comfortable plastering selective company names like Amazon and Intel. I knew asking the tough questions would be a waste of time. Not ready to give guidance on that at this time was the go-to answer. I guess someone there looks at the message board and saw investors holding them to timelines and goals. No goals for the year or 1H23- 2H23- 1H24 etc. just 2023 and 2024 licensing expected for the different perks and perk 6 development.
Quick question. If they can't or don't want to give out names, why on the slides they have a bunch of company names?
I was working during the ASM didn't hear the entire presentation. Did he said anything about the ramp up in 2024 ????
We will get a bounce back.
Vein if it was raining and someone gave you their umbrella you would find something wrong with the color.
But 2022 was a dud and nothing new except the foundry miss excuse. We already know he is working 100 % on the licensing deal and tech deals what else could he say ? We are nearer to a deal
This is my prediction for today unless shocking news is released before the market opens. Nasdaq is up huge due to NVIDIA so we will come out the gate strong. Short shares available to short went from 200,000 yesterday to 1,000,000 today. Lebby is not going to say anything we dont already know. It will be a rehash of the year, excited, slide show, why they missed the deals and Marcellis financial 2 minutes. We will get hammered and shorted during and after the ASM. This happens after every shareholder letter and ASM. Then we will rebound. How much depends on Nasdaq. If still up over 200 we will be green by the end of the day.
I hope it is more detailed then cooking in someone else's kitchen. Didn't invest in Betty Crocker.
Someone told me 100% licensing deal and technology transfer deal by ASM or they would eat my hat. Lebby has stated on track to MEET all goals by ASM. Reminding me a lot of JMs reign as CEO. Still waiting on those goals. He did close the deal on the bonus and house pretty quick. Should have been working on a commercial deal instead. Can't wait to hear the excuse tomorrow.
Not a SHORT just 20+ years of frustration.
Ted your sincerity would be a little more believable if you threw LWLG a bone here and there. I'm critical about the delayed deals and commercialization mostly because I went through the Marcelli era so carrying that baggage onto Lebby. Example ,they announce a world record modulator, and you go right to can it be scaled anyone can produce just one. Never give them credit for any achievement. Plus the passive aggressive post all the time. I want them to succeed but....... Just go for the LWLG jugular and hope it goes down. Trying to get to the truth because you dislike manipulation and trying to save investors from losing their life savings is not being honest. Nice cover story for sure. Manipulation can go both ways.
I don't believe Dr Lebby is lying about anything. He either miscalculated how difficult closing a deal would be or there is another kitchen issue. We didn't find out about the kitchen issue until the ASM last year.
Really depends on which one you pick. One slide did say 2H22/1H23 but The ASM goal slide for the year was 2 deals. Regardless of that they did miss last year which they admitted. Kitchen mishap.
Last year Lebby did admit to missing the 2 deals goal and gave us the kitchen analogy excuse.
100% come on. No one knows if they will produce 10,000 or 10,000,000 units.
You are right. Post about being on track to meet all goals by the ASM died last month or so and has now changed to Dr Lebby working 100% on commercial deals, if not completed by the ASM will be done soon and deals like this are complicated etc.
The Europeans investors have always seemed more positive than American investors.
Waiting till the last minute for dramatic affect.
Vein your upset when it's up or down.
Must be big news coming tomorrow like I told you Vein.
Vein you need to toss that crystal ball and go get a magic 8 ball. Lebby will announce 2 deals tomorrow just under the ASM timeline. Last year they posted news on Wednesday before the ASM. Keep the faith
Usual 10:30-11:00 beat down. Like clock work.
Vein today was a perfect storm to drop. We were up 4 straight days, Nasdaq had a huge day yesterday so would probably drop today, debt ceiling pause and a Friday which are usually sell off days. Unless they announced a commercial deal today we were bound to go red.
Dr Lebby when are you going to throw us a bone ? Think that will be Veins first question. LOL Why do u pick on Vein so much?
Kcc is not back tracking. He just said it more difficult then a single sheet of EOP but can be done in 15 or 30 minutes.
I'm pretty sure almost every year they put something out the week of ASM. Today caught me off guard. I know the significants of the patent but think they will release something with a bigger bang to settle the crowd for the ASM. Daughter graduating college next week and have a crowd coming so can't attend. Mt. biked in Utah way more challenging then here.
I still think we will get another press release next week before the ASM.
Does short shares to borrow get released at 10:30 or something??
Where u been Pumpkin ?? I was worried about you. Could u send that carousel pic again ? I loved that one.
He will definitely put something out there before the ASM to calm the troops for sure.
If anyone really followed this company from the beginning they would know Fred Goetz initially was funded by the DOD to develop the polymer. DOD dropped the program and Fred continued on his own. Started his own company PSI TEC then TDON now LWLG. They stopped their relationship with the DOD around 20 years ago. When Zelibor became CEO government contract speculation was thrown around but nothing developed
Trust me Ted. Been here a long time. Think only one year there was not a press release the week of or prior to the ASM. Not sure what it will be but it's coming
Last time we had 3 good days like this in a row we made the run to 20. Lets hope history repeats itself.
I will bet all my shares that a press release will come out before the ASM. Maybe the price increase has something to do with that. Bard has been proven not to be 100% accurate so that's not what's causing the price increase today.
Ted if you are so concerned about finding the truth and saving investors from losing their life savings you can go to the ASM and ask questions out the wazoo.
When LWLG PPS is down some of the longs get negative and attack( I'm guilty of that) and when LWLG PPS is going up shorts get negative and attack. You can tell peoples holdings on LWLG by their post.
Last time it dropped below 4 it ran back up to 7 now back below 4 and running up again. I think just bargain hunting and averaging down not enough newbies reading this board to move up on Bard AI gossip.
We are a week from the ASM. Crunch time. What's goals have been met so far ?
I ask Bard AI it said no news today but possible news tomorrow but it cannot predict the future.