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A live broadcast would be nice.
Ahh, the good 'ole days...
If my "memory" serves me correctly...
http://finance.yahoo.com/mbview/threadview/;_ylt=An2NH2SW3n8WcJpENedo4WTeAohG;_ylu=X3oDMTB2cGdsOWFsBHBvcwM0NARzZWMDTWVkaWFNc2dCb2FyZHNYSFJVbHQ-;_ylg=X3oDMTBhYWM1a2sxBGxhbmcDZW4tVVM-;_ylv=3?&bn=665b67a3-332b-3083-ae68-da98789991fe&tid=1224005423000-ceb5b965-4365-3a23-88be-27776ed61f70
Share price at time of above post= .89
And stop YELLING please.
Terry H. would be proud of that post
Well done Wise.
- Buzzard Lightwave.
Please don't say anything.
P.S. Not lookin good for the Canadians at the moment. We shall see.
Thanks. And I owe you and the bride a beer.
Agreed
Nice find Rick.
Thank you for your service Six
Well said Six.
To go off topic let us honor all who have served in the military in our defense. Thank you.
Hmmm. Should I post that sarcasm clip again? Enjoy the weekend Inv.
Reds please keep us updated as to the status of your research.
Thanks, and have a good weekend all.
Star star star star star post
I must have missed something. What financing ??
I believe he's slated to be on the operations committee.
"Mr. Lauro has not been named to any specific committee of the Board of Directors at this time, but he is expected to be named to the registrant’s Operations Committee in the future"
http://www.sec.gov/Archives/edgar/data/1325964/000155335014000552/lwlg_8k.htm
Back to the future.
Sorry for the sarcasm X.
I'll get myself a new map.
Here's the reason.
http://finance.yahoo.com/q/is?s=lwlg
Total Revenue -------> 3
Yes I saw that.
We can also send material now to Iraq for testing.
I believe it was my friend.
The Haze
Is what I've been in for six point five years.
Excuse me, while I kiss the sky.
I believe that was a statement that I heard firsthand whilst sitting at a shareholders meeting.
Still here
"It is not a matter of if, but when"
Right then Snez. Also need a proper pub.
Hopefully you can make it over there zstar. It shouldn't be difficult to get some gossip around town there. Heck, Elk Creek makes Mayberry look like Vegas.
http://en.m.wikipedia.org/wiki/Elk_Creek,_Nebraska
Lol rainmeister.
Comparison of three months ended March 31, 2014 to three months ended March 31, 2013
Revenues
As a development stage company, we had revenues of $2,500 during the three months ended March 31, 2014 and $0 for the three months ending March 31, 2013. The Company is in various stages of material development and evaluation, and product development with potential customers and expects the next revenue stream to be in sale of nonlinear optical polymer materials, prototype devices, application and non-recurring engineering charges prior to moving into production.
10-Q...
NOTE 10 – SUBSEQUENT EVENTS
In May 2014, the Company issued options to a new director to purchase 200,000 shares of common stock at a purchase price of $0.763 per share. The options were valued at $122,515 using the Black-Scholes Option Pricing Formula. The options expire in 10 years with 50,000 vesting immediately and the remainder vesting in annual equal installments of 50,000 commencing on the one year anniversary of the date of grant. The options are expensed over the vesting terms.
Capital Requirements
As a development stage company, we do not generate revenues. We have incurred substantial net losses since inception. We have satisfied our capital requirements since inception primarily through the issuance and sale of our common stock. During 2013 we received $2,351,008 in cash proceeds from the issuance and sale of our common stock . During the first quarter of 2014 we received $266,410 in cash proceeds from the issuance and sale of our common stock .
Our business does not presently generate the cash needed to finance our current and anticipated operations. We believe we have raised sufficient capital to finance our operations through October 2014, however, we will need to obtain additional future financing after that time to finance our operations until such time that we can conduct profitable revenue-generating activities.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9989163
Golf was good today. A beautiful day here in the Northeast. To keep this on-topic, I pack a Bushnell X7 JOLT electro optic rangefinder in my bag. Yep got me a laser on every shot.
Rick please let us know how this impacts us.
You deserve them.
Welcome aboard Six
Hey Six. What was our deadline again?
Bump
GLTA - I got me some more today EOM.
The amendment was merely an update as to how many shares were sold to LPC. In my estimation it was circa early October 2013.
As of the date of this prospectus, the Company has issued 910,322 shares to Lincoln Park under the Purchase Agreement, including the 200,000 commitment shares, the sale of 700,000 purchase shares and the issuance of 10,322 additional commitment shares, for aggregate proceeds to the Company of $656,160, and 334,724 of such shares have been sold by Lincoln Park hereunder, with 9,665,276 shares remaining unsold as of the date of this prospectus.
OK Proto. Yo entiendo.
The last time you contacted the Company, who did you speak with?
Proto-
"Better to remain silent and be thought a fool than to speak and remove all doubt"
Six - I would hope we'd have LPC out of the way before all that transpires and have no concerns about board seats.
Yes a brain fart and a smelly one at that Neum.
If Plan B don't work I say go for "Plan 9 from outer space"
We have space people here. Some professionals, some just spaced out.
http://en.m.wikipedia.org/wiki/Plan_9_from_Outer_Space
I don't think the one sentence I highlighted is related to the sentence that follows it.
To paraphrase (the way I read it):
With additional capital raised (from wherever and whenever we get it), the Company expects to achieve a level of revenues attractive enough to fulfill its development activities and achieve a level of revenue adequate to support the Company’s business model.
Just my opinion.
Plan B
The Company currently has a cash position of approximately $2,000,000. Based upon the current cash position and expenditures of approximately $270,000 per month and no debt service, management believes the Company has sufficient funds currently to finance its operations through September 2014. In June 2013, the Company signed an agreement with an institutional investor to sell up to $20 million of common stock. Under the agreement subject to certain conditions and at the Company's sole discretion, the institutional investor has committed to invest up to $20 million in the Company's common stock over a 30-month period with the remaining available amount of $19,343,840. The Company filed a registration statement with the U.S. Securities and Exchange Commission covering the resale of the shares that may be issued to the institutional investor. The institutional investor is obligated to make purchases as the Company directs in accordance with the agreement that may be terminated by the Company at any time, without cost or penalty. Sales of shares will be made in specified amounts and at prices that are based upon the market prices of the Company's common stock. Additional funding may also be provided by the exercise of 1,441,000 outstanding options and warrants expiring during 2014 at an exercise price of $0.34 and $0.72, which may raise additional capital up to approximately $873,000. With additional capital raised, the Company expects to achieve a level of revenues attractive enough to fulfill its development activities and achieve a level of revenue adequate to support the Company’s business model. Also, historically the Company has successfully raised sufficient cash to fund its operations. The Company continues to develop and test its next generation Electro-Optic and third-order material platform to support and cultivate potential customers, strategic partners and develop photonic devices. Management believes the Company’s initial revenue stream will be in prototype devices, application and non-recurring engineering charges, and material charges for specialty non-linear application prior to moving into full commercialization and production.