retired
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.
ZZZZZZ. No offense Proto because you mean well but you and X have been wrong on predictions and timelines as much as LWLG management and that is hard to do.
If LWLG went to 100, it would still not make up for all the mistakes and shareholder losses they have inflicted. These guys stink on the business side and that is a plain fact. When you have limited resources, you cannot afford to make consistently poor decisions. You eradicate the problem and move on. Zelibor and Marcelli could be replaced in a minute. No offense to Tom because he is a good guy, the other one is a scumbag.
X, I doubt anyone is shorting this thing. Things always fade lower when there is apathy. Get me a team that can garner attention for us on the investment side.
I attended the last 2 ASM's. I recall JM telling investors the stock is extremely undervalued in 2011. We have had basically zero news since then so why haven't any of these guys in the BOD or management ever bought a single share of stock in the open market as a sign of their confidence. Tom's answer this year to a question regarding that was garbage.
Time to gut the business side and most of the BOD. If this is the real deal, let Miller go use his contacts to get a real change here. Nothing has worked so far.
It will be tough to keep the stock over a buck going forward as the latest fuel was a nice man from Belgium who spread the word and also a pending rumor of an acquisition. Unless number 2 happens, do not expect much.
The CC last January should have been the end of both Zelibor and Marcelli but they kept their jobs due to the fact that there is only minor opposition to these guys.
Walter
They have wasted three years of valuable time by going down the wrong avenue and this is why we are here. They cannot raise any serious money on their own because they do not have a dynamic voice to lay out what they have. Marcelli was a babbling idiot and Tom turned to Miller and Eaton for over 50% of the Q&A at the 2012 ASM.
How many of the universities have panned out so far? The answer is zero although we have hope for Boulder. Where did Norwood go? No mention that it was a disaster. Making mistakes is one thing but they were constant. I do not believe we would even have a lab unless someone big spoke to these guys and said do it yourself.
Without going into specifics, I have heard some not so nice things about these guys on the business side. We need to get the science together and have someone step in to run this company. Jim and Tom are intertwined and if Jim was a zero, Tom will be in the same boat. There is a big black cloud hanging over this company.
1) Is Glasgow still with LWLG? Maybe not.
2)Does Cordevano receive a package worth six figures for doing nothing?
3)Is Turpin still with us or is he doing the night gig at Pirates of the Caribbean in Las Vegas?
4)How many of the BOD even know what day it is?
5)Does Fred Leonberger even exist or is he a holograph?
6)Does Marcelli charge employees for parking while he lives in Colorado?
I was told that security was brought in for the ASM this year. They will not need it because no one will be there this year if we can continue at this rate.
Bottom line here folks is that while we have high hopes for LWLG, this should have never gone public.
Talking to a few people, they have concluded we need some large shareholders to contact a sizable venture fund to approach management with an agreement to buy into the company. Then after a short period, you gut the business side and buy out the shareholders and go private. Face it, there has been no attempt to attract capital here and no PR as well. It is a shambles. Miller,Leonberger and others are not managers but science guys. We have no business side and that is our Achilles.
After watching the **** shit in Washington and the crooks that run our country into the ground, no one is held accountable. Osama,Piggy Clinton,Holder,1/2 the Supreme Court should be in jail for committing treason. At LWLG , no one is held accountable either and we suffer. Connect the dots and pray for a miracle with a private deal but no matter what, these guys are awful.We should have seen it after our Benghazi moment in January. Yet all of us were too stupid to sell.
One positive note is that if the Mayan prophecy holds true it will all be over Friday anyway. Then we can stop abusing these idiots for good.
Who would be the representative for LWLG to IBM?
Olson-His services are elsewhere.
Turpin-God knows where he is
Marcelli- I would rather have my airedale terrier heading that meeting up
Zelibor-see one above
Glasgow- he might be gone altogether.
Miller-the 64 million dollar question.
Eaton-lab rat
These nitwits had better close the deal or we are really behind the eight ball.
Michelson might be our saving grace.
I keep thinking about the ASM's over the past two years. Tom told us the talent here was second to none and we rivaled IBM. Check out the stock prices of both. Tom has been CEO for close to a year and we have nothing to show for it. No deals,no revenue, no anything. If the Goetz's ever start to unload their shares, we are in serious trouble.
They have basically stayed with the same management which has been awful and have tried to upgrade their testing. How Marcelli was not let go is beyond me. The BOD is a travesty. They should have looked outside the company to replace him but only flipped Tom for him.
Not sure when contracts are being renewed but I would gut 50% of the BOD and search for a new management staff if we are not revenue producing by the middle of the year. I pray to God Joe Miller is running this company. If nothing happens by 12/31, we will be sitting under 90 cents. Would not exactly call that a ringing endorsement of these guys.
I know you guys like to connect the dots but I just look at volume and share price now and I want to puke.
Oddone, I am in 100% agreement with you.
What I meant was no one will care if any of us sell and move on and I am sure the company won't either. We have bought a high risk/reward stock with a previously inept management team. The jury is out on Tom but early returns do not look promising.
I have been to the last two shareholder meetings and come away very positive only to be disgruntled in the months afterward. I wish they had chosen the private route.
Funny I want them to succeed but do not want Marcelli to recoup a dime.
Oddone, you can always sell your shares and move on.
No one will care if you are gone as is the same assumption that we can all sell and new players come in. I am as tired as you of the crap we were handed but I just feel these guys might somehow get it right and the last four years would have been for nothing. We are the John Belushi's of LWLG.
Love to see LWLG close an acquisition by year's end. Also, some sort of update from Michelson and also Leonberger. I cannot believe what a complete waste that the university route was. Inept management as it's best.
Someone is definitely propping this up over a buck to close a deal. Just close the ******* thing.
Just too slow to tell either way where we go.
I imagine Tom is going to get hit with some angry e-mails if we do not see progress very soon. I am hoping some large investors pool together to voice their concerns.
Anyone know how much a part our legal team plays in all of this?
Usually a PR is preceded by big bids
There is no interest in LWLG now as management has successfully turned the investment community into zombies. Their roadshow appears to have been awful. We are on the cusp of the Holy Grail of optical computing and the stock sits at 1.03. My biggest concern now is if the supposed partnership lead player looks across the table and sees Marcelli playing with his lego's. His next thought will be "My God, what have I done." Just pray Bucci, Miller and Leonberger are in the same room.
Whatever happened to this contract with Celestech 2010
http://www.prnewswire.com/news-releases/lightwave-logic-announces-technology-a
Shareholders are a nuisance to management.
That is just a fact. I like Tom but CEO's do not like to answer to anyone. LWLG is no different that any other company. Do you think he would lose any sleep if all shareholders stopped e-mailing him with questions and concerns. I now if I was the boss I would be sleeping like a rock.
F2, I have been in LWLG as long as most here and will hold most of my shares into next year. If I could find another avenue to generate returns, I would have been gone from here. Just too much risk/reward and I am willing to live by that.
I have e-mailed Tom over the past months
He always gives a short answer in return. I think the days of leaks thru JM are long gone. A much tighter grip has been established and that is a good thing. However, the ASM comments have worn off and we sit and wait and management does not care. Either they get it right or they do not.
Very easy to get frustrated but apathy is a better term for how I feel about LWLG. Hoping we are on the right track but past mistakes have really set us back. As I keep stating, the science side can be earth shattering but bringing it to market in a developmental company is a hard task. The BOD has been awful in not staying on top of management consequently shareholders have suffered.
I
It depends what the news is.
Investors also sell on the news as well. There has been a lack of interest here as of late so unless we do not have something earth shattering, I suspect the rise will be nil but also we will not drift too much lower.
Being a leader in the defense of our country does not amount to much when you are running a developmental company. Whole different animal and the jury is still out. If LWLG does succeed, then these guys should be rewarded handsomely for their efforts. We are coming up on 12 months from the ill-fated CC that cratered the stock. Still nothing to show on the revenue or deal side.
I remain optimistic that something is coming good our way because no one has left the company. Let us see what the next six months bring.
I believe that is your best post on this board.
The wheels are in motion and you either believe Tom and the gang can get this one straight or they cannot. Just hoping Marcelli is far away from the front line on any project or deal they have going forward. I am not totally convinced they are going to pull it off but the chances for a nice score far outweigh the risks.
My biggest concern is that no one ever bought in the open market. They had plenty of chances. Guess the options are good enough and they do not take risk like the common shareholder.
If a deal does close, who becomes the CEO?
They have had one buy from Fasick in the past 2.5 years.No one has stepped up to the plate since.The BOD has been nothing short of awful and let Marcelli hold us down for years. I like Tom but am not sold on him either. We needed someone who has run a start up company before to take the CEO position and instead just traded deadwood for new wood.
This company rally needs a younger feel to it. I would have cut 50% of the BOD and sent Marcelli packing. Get someone who can present to the institutions and who can get us moving forward. Every timeline has come and gone with zero to show. LWLG has no credibility except for the credentials of Miller, Eaton, Leonberger and one or two others. That does not guarantee a successful outcome.
I am really surprised some of the bigger shareholders have not demanded big changes at the company.
Very good point. Unless they are ready to be a revenue producing company, LWLG will ring the register of LPC any chance they can get. Never hurts to have money in the bank and I do not believe they give a damn about dilution.
Not sure how the money issue works out between the two companies.
Would love to know what role Miller has here with LWLG. He is 99% of the reason I still own stock.
To be honest, I do not believe they will ever get to the manufacturing stage. Bucci is on the board for a reason and it is not to pass out danish at the BOD meetings.
My firm belief is we are either gone or gobbled up by the end of 2013.
Six,
I would love to know how many shares LPC is holding currently.
Been here since late 2008 and have seen the highs and lows. Other than the run late last year, the stock is a bust. I am still hoping we find a management team that can project what we have to the institutions and close a deal. Using the universities instead of doing the work ourselves has set LWLG back years. I was happy to see Tom get the helm after the disgrace before him but I still believe we need a top end guy with experience in this field. Hopefully if there is an acquisition, the other side might have someone to fill this role. Keep Tom on to proceed with defense and jettison Marcelli ASAP.
Six,
I am the one who asked that question at the ASM.I have also corresponded with the Admiral on many occasions and offered suggestions.
Not much more left to be said as we will have to wait and see what transpires. As long as they have access to LPC, this could go on for at least five years.
It would be nice to see someone from the company step in and buy some stock in the open market.
I have always stated that Marcelli was a black cat. They ruin your investment as long as they are associated with the company. Are there any voodoo doctors in Delaware that can exorcise the demons?
I do not think people have any idea how bad it was on the east coast.
I live outside Philadelphia and we received hardly anything and yet a few hours away it is a disaster area. Glad to see you back on your feet.
Wish the PPS would reflect the enthusiasm of this board.
I have a feeling most of the board has their fill of shares and would like something concrete in the near future. I remember Tom and Steve's promise to fix the website and that came down to the last week of 2011. Hoping to see an acquisition close by the same time this year. I just cannot believe we are sitting at 1 on 11/09/12.
Not sure what Steve is allowed to work with. LWLG has been few and far between in their PR's so he is only given what Tom and Jim will let out. My question is why do we even need him at all if they are not going to utilize his skills. I heard Cameron was a good outfit but were fed up with the previous CEO.
I will be shocked that we do not see an acquisition come our way and very soon. I would bet the other side would want to close for tax reasons before the end of the year. Only speculation but if Osama wins, favorable tax treatments will be a thing of the past unless you are a heavyweight.
Man is this waiting getting old. I guess we should know where we stand in the next few months as far as a merger. Guessing the other party has confidence in our company to do the deal. Other than that,we sit in the patch and pass the crack pipe.
Wonder where we would be without Walter C.
Just absolutely no interest in our product. Thank God Walter has pumped some life into LWLG and we have more of a following. Hoping that Miller or Leonberger sign off on the next PR. We need a real spokesmen for this company. No offense to Tom as I think he has turned things around but a strong name in this field needs to be out front for us.
good read thanks
This would have been exciting a year ago. People are extremely skeptical about LWLG . Also, not many people are even on their computers today or for the rest of the week due to the storm.
I think we need more news on where Leonberger and Turpin are. A lot of coals in the fire. Also, the LSS one shot to do it right statement leaves me wondering.
The big plus is the combination or acquisition that should hopefully come to fruition. People will be very happy when they find out who our partner is.
They will need to follow this up with some concrete news in the next few weeks or this PR will be meaningless. People do not trust this company because they have failed miserably in the past. The nature of the beast is at work here.
A strategic partnership would be great or some news with the LSS would be at the top of my list.
I guess Steve can go back to sleep now.
It has been damaged since Marcelli became CEO.
Jersey coastline is a disaster area as well as NYC . Good luck getting to lower Manhattan tomorrow.
It is horrible at the Jersey Shore and I am sure LWLG headquarters is getting pounded by rain. The heavy rain tracked thru Delaware. The winds now are brutal in my area.
Good time for LWLG to put out a PR.
Well said Walter. After listening to the ASM, we thought the lines of communication would change under Tom. So far it has not but one good PR and these threads will vanish. Remember you are only as good as your last trade. Do I know that from experience.
What will always puzzle me is that we appear to be starting over and the last 3-4 years were a total bust. How does Jim Marcelli hold his job and why did not the BOD step in sooner. I know we are in a science that is ground breaking however we are not the ones who issued different timelines that were not met. Management gets paid and shareholders do not.
I am sure large shareholders are getting restless.
Can anyone believe we are at these levels?
I read and hope daily for some piece of news from IR of a contract,partnership,etc.. 10/24/12 and it seems we are in a time warp. While I believe in the science and the possibility of endless potential revenue if they can coat the wafers, the business community either does not know we exist or they think we can not do it.
Turpin- have heard nothing.
Glasgow-does he still work there
Miller- is he on board or not
Leonberger-invisible
Eaton-might be our saviour
Does everything rest on Indigo now. We have not seen one purchase by anyone in the company or BOD for a few years. Not exactly a ringing vote of confidence. This is not a sky is falling post because the steamroller ran over us a long time ago. We wasted 3 years with incompetence at the head until they finally were forced to demote Marcelli. Now we captured Babu and Greenlee and that was a good step. I just wonder what the delay is on announcing anything. We should have so many irons in the fire. Maybe they will put out 25 consecutive PR's starting tomorrow. Also the day I turn 54. With this stock,I feel like 104.