I all my 15 years with Lightwave, I have never ever felt better with my investment. The shorts will be the icing on the cake.

Just hear Jason Huang of NVIDIA speak about the necessary complete retooling of data centers and the required paradigm shift in chip design ( generative and retrievable), software and connectivity due to Artificial Intelligence.
“Most in the industry haven’t got it. We got it a decade ago’!
I think Lebby got it as well : “ Wonder who ( read: datacenter) can do without us ? “

If you still don't understand the difference between $NVDA and all the rest, Jensen Huang explains it in less than 2 minutes.

"We observed that and realized that about a decade and a half ago."👀 pic.twitter.com/rcBaRY2WBG

— From Growth To Value (@FromValue) February 3, 2024

Just to point out that 50% institutional ownership may be desirable, it doesn't mean institutions always get it their way. NVIDIA has 19.8% institutional ownership.

LWLG is in a black out period. These black out periods are to be observed when financial reporting is due ( after the 31 December 2023) and/or when important business events are expected which could move the share price. No insider buying is allowed. News is of course allowed to be distributed publicly when due. No limitations here.

Sounds like a huge market!
Chat gpt:

Question: How can scandium improve recyclability of aluminium?

“ Scandium can improve the recyclability of aluminum by forming a strong grain-refining agent, which prevents the formation of coarse grains in the aluminum alloy during the solidification process. By adding scandium to aluminum alloys, the resulting material has improved strength, corrosion resistance, and formability. This enhancement in material properties allows for the use of recycled aluminum with a higher content of impurities, enabling more efficient and cost-effective recycling processes.
Therefore, the addition of scandium to aluminum alloys can potentially increase the recyclability of aluminum and promote sustainable production practices.”

Let me add that from the European group I know best, most hold their shares since 2009 -2011 time frame. A couple sold part of their shares and kept a significant number at no cost. Only one sold his complete holdings at around 17-18 dollars ( bought a beautiful place in Spain) and has gradually been accumulating ever since. All in all most European shareholders I know are pretty comfortable with Lightwave and their long position. I would 50% thinks we will be bought out in 2024, 50% thinks we will go it alone for some time. Looking at AMAT ‘s acquisition strategy over the years, Lightwave would certainly be a very likely prospect.

Maybe time and location and the introduction ‘ He was reminded he's made such optimistic predictions in the past.‘ may have dampened his natural optimistic demeanour. JMHO

Thanks Walter. ‘That is as good as it gets.’ Honest , straightforward interview. Building and running a company (like Niocorp) is pretty cumbersome and complex undertaking, whereas buying a share in a company is a pretty simple transaction which comes with very little responsibility . In fact it’s a privilege to make money without big risk or responsibility. You can sell your share any time. You can’t run away from your responsibilities as a CEO ( if you are wired correctly). I think Mark and his team are.

Microsoft is largest shareholder of OpenAI and the company is very interested in Sam Altman’s plans to build dedicated chip manufacturing ( foundries) to break NVIDIA’s ‘ monopoly’ according to Bloomberg and the Financial Times. I am sure Microsoft realizes the connection between ‘ compute’ chips and ‘ connectivity chips’. To beat NVIDIA you need to outperform NVIDIA on every aspect of its business. You need to offer better performance, price and lower cost of ownership.

Thanks. Its the awakening mainstream media attention for AI and its impact on society, power and water resources as well as Wallstreet awareness on FAANGS rising cost of operation, which I think is interesting and bodes well for us LWLG shareholders.

Just reading Dutch newspaper and the rising media awareness of the enormous power consumption of crypto and now the power consumption artificial intelligence is adding. Every bitcoin transaction is costing 16.000 liters of water for cooling, every GPT chat costs 0,001 euro in power consumption and with 200 million ( probably more by now) requests per day, it’s adding up quite rapidly. It’s a huge business cost ( and a huge societal cost). No wonder Microsoft is thinking of nuclear power plants to deal with the rising cost and usage of power. Reducing power consumption is becoming an absolute necessity and with the reduction data transmission will increase again ( law of Jevons 1865 on coal consumption). The other requirement is the current mismatch between compute and connectivity. No AI expansion without improved data center connectivity. We need photons ( light) to go as fast as possible using as little as possible power in the data centers. FAANG’s are positioning themselves for the AI business growth. Without fast switching light no AI expansion. Without LWLG, AI will run into roadblocks. Lightwave is in the sweet spot.

New Lightwave employee: Purchasing manager. Nice to see Lightwave moves into practical operational mode and needs this function to deal with suppliers and supply chain partners.
https://www.linkedin.com/in/brandon-ramsey-6a193985/
What is a purchasing manager’s function?
A purchasing manager's function typically involves overseeing the procurement process for a company or organization. This includes tasks such as sourcing and selecting suppliers, negotiating contracts and prices, managing relationships with vendors, and ensuring that purchased goods and services meet quality and budgetary requirements.
The purchasing manager also plays a key role in optimizing the supply chain and managing inventory levels to ensure efficient and cost-effective operations.

Just listened to first five presenters at Optica Super Computing conference. One important take away. No standards, no final scalable solutions, photonics is a must, need for high bandwidth and faster modulators. Didn’t know that Boulder Colorado was the 2e Super Computing hub in the USA. Isn’t that the place where Lightwave is active as well? Small world.

Microchips, just watch Lebby speaking in the Benzinga interview - early December-, on the challenges in concluding these multi year agreements. It’s not reliability, not patent related. It’s to get it right the first time for multiple years and to lock in partners for all these years with every partner having different demands.

Just for your information. The data center industry would love to see $1 per Gig. Just confirmed by Ayar Labs. Lebby already foresaw that in 2016. Moreover during ASM 2023 Lebby gave some very conservative volume numbers I am sure LWLG can deliver the goods. You also may assume a gross profit for an unique commercial proposition in terms of performance, power consumption well over the current semi conductor industrial average. In other words some financial modeling and forecasts are possible.

Scope, we have a patent specialist in our midst. That’s how it was released here on Ihub first. Has happened a few times already that we knew first, before MZ released. It’s what it is, Happy with the good news.

Thanks Marco. Bottom line you get what you pay for and LWLG as a development and start up company didn’t want to pay a lot. Rightfully so. As you can see each business phase requires a different communication effort. These guys work with pre-agreed and specific performance criteria and budgets. They are professionals.

Correct. He cannot stand the emptiness of his soul and wants to connect at any cost, even if it means to be detested and despised. Keeping him busy as some of you do is surely ‘caring’ . It helps him to feel ‘seen’. I admire people who help others in distress. Hope he doesn’t turn violent, often the last phase in this psychotic pattern.

Black out starts 15 January. Black out periods restrict the ability of insiders, such as employees and directors, to trade company stock usually around the announcement of financial results or other significant events. Personally I expect more significant events in the remainder of January. JMHO.

Good to see the overall mood here gradually improving again. That bodes well for the share price. Thanks for the good discussions and information. I am looking forward to good news in this quarter.

Making more than a 1.2 billion in profits and being fined 249 million still leaves almost a billion. That’s how reputable banks get away with financial crimes. That’s what I consider the fallacy of ‘‘ a level playing field’ in trading practices.
https://www.morningstar.com/news/marketwatch/20240112287/morgan-stanley-hit-with-criminal-charges-and-249-million-fine-for-alleged-block-trading-fraud#:~:text=Morningstar-,Morgan%20Stanley%20hit%20with%20criminal%20charges%20and%20%24249,for%20alleged%20block%2Dtrading%20fraud&text=Morgan%20Stanley's%20pitch%20to%20sellers,could%20drive%20share%20prices%20down.

Exactly. Global Foundries business model is ‘ contract manufacturing’. Gupta will not alienate its customer base which consists of different material systems. Doesn’t want to lose business. What is interesting is that he mentions specific materials , which we know have physical and performance limitations and puts organic materials and polymers as future solutions. We know these future solutions are already here to be commercialized. Why would the Googles, Amazons and Meta’s of the world wait for something in 5 years, if you can have that solution today in 2024? Doesn’t make sense! Smaller footprint, best in class bandwidth, highest data speed, driverless and absolute lowest power consumption.

Exactly. Global Foundries business model is ‘ contract manufacturing’. Gupta will not alienate its customer base which consists of different material systems. Doesn’t want to lose business. What is interesting is that he mentions specific materials , which we know have physical and performance limitations and puts organic materials and polymers as future solutions. We know these future solutions are already here to be commercialized. Why would the Googles, Amazons and Meta’s of the world wait for something in 5 years, if you can have that solution today in 2024? Doesn’t make sense! Smaller footprint, best in class bandwidth, highest data speed, driverless and absolute lowest power consumption.

Don’t want to engage in politics. But this is China’s ‘ China First’ policy. The Chinese have a potential market 4 times as large as the USA and want to dominate EV, Air, AI . They claim they need most REE of it themselves. Hope the western nations have the foresight to secure their own REE sources and supply, Bodes well for Niocorp, US ( and Europe) cannot do without w/o losing more economic and political power.

I think the update is welcome and especially valuable because it requires any third party company or institution (mentioned by name) to agree and verify the text.

Ruud, Ihub is not for professional investors. They don’t watch the share price every day. They analyse and continue to check the companies shareholder value creation process and the executional capabilities of its management and than let it run its course.
Savvy long term shareholders here are fortunately doing the same. The current shareprice is determined by traders, impatient retail investors, retail shorters and institutions helping the shorters and especially themselves for improved cost positioning. No institution would touch LWLG if it would not be convinced it would create value over time, LWLG will deliver big time to us long time investors.

Yes, I was.

Yes, I was.

What is this? Wrong stock Xena?

Just a remark on BTO as one of the mentioned contenders. In fact I and two other long term investors in Lightwave were approached by the CEO of a BTO start up company with an innovative method/ application looking for funding. In fact Lebby recommended this BTO / CEO to talk to the three of us. Kind of :” Nothing to lose , maybe these guys can get you started!” After the interview , we decided to graciously decline.. Too expensive, no IP protection, science project, no entrepreneurship. One of the many university science projects and comparable to LWLG anno 2010-2014 at best. I suspect that Lebby wanted to give us some insight in the status of BTO as ‘ contender’ .

Microchips, My advice keep trying. Many here did before you and succeeded. How can you talk about accountability of LWLGmanagement if you are not able to exercise your own accountability? Looks pretty simple to me. Write an email or a letter!

On timing shorts and longs are now again equally served. No end of year deadline anymore. Trading is the name of the game short term. We will have news and we all know its forthcoming, but are at odds on exact timing and surprise impact . Love it. Suspension is back again with the clock now, after almost two years, clearly ticking in favor of the longs.

I wish everybody a healthy and happy 2024. Thank you for all your contributions to this board. I understand that my optimism sometimes gets me ahead of the pack. Sorry if that puts you on the wrong track. I am looking forward how the business performance in the first weeks of 2024 will win from the current manipulative trading practices. Unfortunately today the media, in their search of profits and popular impact, allow all kind of people to direct their attacks on individuals in stead of phenomena. It’s part of the emancipation of the masses and it is has become a business model. Hopefully 2024 will see a fairer treatment of true Lightwave shareholders. A blessed 2024.

Fully agree Scope. Lebby runs a business 24/7 and the business year ends 12/31/23. Trading year 2023 stops today. This is exactly where Wallstreet figures run foul. They think the world runs according to their trading agenda. Business runs according to its own agenda. ( by the way: Lightwave has been issuing press releases on the 12/30 before) . I am convinced we will still see news ( any sort) before year end! If not, we will see it early 2024. Lebby has never disappointed.

I still have this naive belief that in the end it is the ‘good guy’ who will win. So to all the good guys and girls, I wish you all a Merry Christmas. See you next week and looking forward to some really nice surprise announcements in the days ahead.

Please realize that agreements or deals with Tier 1 companies will decide the future and the value of Lightwave as a company. Needs to be the first time right! Can’t do it a second time. Lebby is well aware, we should.
I am also very happy to see that Lightwave secured patents along the total supply chain ( including manufacturing ) for various photonic platform materials and devices..OLED ( Universal Display Corporation) , often referred to by Michael Lebby as an example for business development, was confronted with lots of patent litigation in its early business years. Especially from companies who felt they could infringe through device and manufacturing process technology. Having experienced scientists and business executives familiar with the OLED story on the LWLG board and advisory committee may be paying off big time here.

The need for supply chain diversity, supply chain security and the energy transition requirements - phase out of fossil energy sources and carbon emission reduction - have since COVID taken on a much more prominent position in the political, legal and business decision making processes. Not only the carbon reduction processing ( ESG practices) of Elk Creek, but also the fact that it’s product suite is directly helping to reduce the US carbon emission output is now more prevalent than say 10 years ago. The business value potential has greatly increased and the value of its share price is hugely undervalued.

Xena, glad you are back. Missed your insightful messages.

I think he needs a course in company valuation practices.

I feel very good if I can create that kind of emotion Putz. Hope it makes you feel better. Can’t stay always on edge. I would say let’s remain grateful with what we have here. I am very positive on what will happen in the next couple of weeks.