Lightwave Logic For Dummies I and II

The world is in fact consuming Data at a rate that is not sustainable with current technology and it is about to hit a wall and no one knows what will happen occur when that happens Moore’s law dictates a doubling every few years. A single individual just watching their dog from work is consuming more bandwidth than an Apollo mission to the moon.

For the most part Today’s computers are using silicon with electrons performing calculations then those electrons are converted with modulators/transceivers to light and then sent down fiber optics and at the other end they are converted back to electricity with another transceiver. There are 2 different widths of fiber, the larger core (Big Pipe) is Multi mode 850nm ish the wavelengths are very tight /\/\/\/\/\/\ and then there is single mode pretty much almost a straight line ----------- 1310 nm and 1510nm (key). It is important that you understand because when you look at the technology often it will be multimode however within the past year the industry has chosen Single Mode as the Path Forward.

OK so Electrons can only get so close because they bump into and interfere with each other so they must be kept apart. They also generate heat and massive cooling (just feel the bottom of your PC) is required so computers are moving to Photons because they are fast and can literally pass through each other without interference. The industry needs a stable material that is compatible with Silicon (and the entire CMOS process) to make the conversion on new Hybrid devices and today’s answer are devices made of Indium Phosphide (InP) and Gallium Arsenide (GaAs) while they are available to anyone this material is very expensive to use and does not scale (ability to reduce the size) to move forward. Lightwave has created a Patented (and some of it IP is held in secret) polymer, therefore the only place it is available is from them, this material is sprayed or spin coated on devices the poled (+ and –‘s lined up). Initially Lightave started out just making the Polymer but it took months a months to test a batch and they needed to 100’s of variations that is important to understand because there was a steep learning curve that many here took as failure, but it was all just part of the process of learning. Anyhow about 5 years ago Lightwave decide to bite the bullet build a chemical lab and a device lab and create their own feedback loop.

So there were steps throughout the evolution here, initially it was in a lab in Newport, then one of the founders had a medical problem I think it was Bim and Marcelli struggled to keep this afloat. Bim was a Dupont guy so he brought this to the attention of his Dupont buddies, they vetted it, basically recreated the process/knowledge that was lost with the founders memory. Anyway Basically A former Vice President of Dupont Polymer (Fasic) and Founder of Dupont thin films Eaton tapped their connections in the chemical world, after a few years they reached out the pharmaceutical industry to help clean up the dirty chromophore. So that is Polymer side basically a titan of the Polymer industry had blessed this. I think it was about this time that Fred Leonberger (Godfather/inventor of todays InP Modulator technology) started looking at this technology he hung around and blessed it. Now The fiber side, The former V.P. of Corning (the worlds largest fiber optic company) Joe Miller Joined another blessing. Oh also the entire time they had Terry Turpin NSA computer guru lending his support. I forget exactly when but we also had Smith of Taser on the board, he brought on Marcelli, then Marcelli moved to the Operating side and Admiral Zelibor took over Jim and Tom did the lab moves Z called for a device to prove that it worked. (When he came one I asked Admiral Z what his greatest accomplishment to date was, I asked he didn’t volunteer it, but he said a call from the Pentigon on 9/11 to take command of a 100 vessel carrier group to the middle east operation enduring freedom was born) Somewhere along the line Michael Lebby was doing a multi million dollar study of the Path Forward for the entire industry,now he has taken over the CEO slot and Just as important is Fred Leonberger (inventor of today’s incumbent technology) after years of guiding them he has decided to move to the Board of Directors and head up the Operations committee. Those 2 moves are huge obviously they have cracked the nut.

Initially when Lebby came on the board he headed up the operating committee and said we are doing 1 Gig, 10 Gig then the 25 Gig Single Mode Modulator to show the industry how we can modify our polymers to perform and scale. As of Last week we Just checked that Box. The Material WORKS.

Elevator Pitch - - - A Cheap Patented Plastic made in a test tube and dropped or sprayed on Silicon that is compatible with the entire CMOS process, will be used to convert Data to Light Waves using minute amounts of electricity and does not require cooling (a very green technology) . Similar to and Intel inside TM.

Oh the data center thing, data centers are getting bigger and bigger buying up all the real-estate around and they need something that can move the data around in a single mode form (distances are too far for multi mode). That is the initial target market for Lightwaves entrance into the market.

The uses for this technology are far too numerous to note but some are obvious like Millitary, Medical, Data Communications, Telecommunications, Gaming and on and on Literally 10’s if not hundreds of Billions of dollars may very well rely on this goo that will be inside doing the work but for now just focus the 2km data center market at 1 Dollar per Gig.


http://lightwavelogic.com/wp-content/uploads/2016/09/ECOCpres2016LebbyFinal-1.pdf

(Takes a while to download)


As Z says Leonberger, Lebby and Miller can wax eloquently for hours talking about this, they are highly respected and can command an audience with anyone in the industry.

Fortune 500’s and Academia have tried, so I’m sure there is much doubt in the industry as to how such a small company could do this, but look at the talent, over the years I’ve watched, listened, questioned from every possible logical angle and I’m convinced that they did it.

I have no doubt that we will see a partnership soon or will simply be bought out. The industry needs a solution and it needs it soon. A Billion or two (do I here 5?) is peanuts for some of these companies.

OH as for how they fund operations the was an initial PP years ago (that I missed out on) and many others along the way, then LPC has been brought in (many do not understand it and because of that they are scared of it) they basically act as a middleman Lightwave sells them shares at a discount and they sell them on the market, there is a built in profit for them. As soon as Lightwave has a cash cow partner that will be close that out currently they own about 5 Per Cent and will do everything in their power to see maximum return on that core position, many do not quite Get That. Lightwave always keeps about 6 months of cash on hand Marcelli watches the money very close and is great at that, they always keep just enough on hand so they can concentrate on the actual business.

OK Now Lightwave HAS JUST Turned a New Page, I think we will begin to See Lebby, Leonberger and Possibly Miller tap someone on the shoulder to form something bigger. Let’s see, oh and yes some criticize me for being too positive and forward thinking, so I apologize also to them.

________________________

X’s LWLG for Dummies Step II

These are opinions, MY opinions and are not based on anything other than MY intuitions/interpretations of things that I read or hear many of you talking about. Remember though that in the stock market perception can become reality; but “true” science is in fact science, not opinions. I am not here to purposely mislead anyone, just trying to present how I see this. Often times I scratch my head wondering why many investors that have bet on this like to publicly post their doubts without researching them, like hey I can argue this and create doubt, this is fun, or honestly sometimes I wonder if Bipolar disease is more rampant that I thought. I’m not one to talk thought I think I have ADD, ADHD, Dyslexia along with a pornographic memory (not a typo) but my second grade teacher Sister Lucy beat most of it out of me with a yardstick and some good ol fashioned red ink on my homework, I never got a participation trophy and calculus wasn’t for me oh and I could not make the varsity team but I tried none the less.

I do tend to oversimplify but I guess but that is the only way I can understand it.

Packaging, So packaging apparently means different things to different people, to me it was always about the physical box that the magic would sit inside of and with the old legacy technology it required a gold Kovar box for protection, Lightwave all along thought that they could place theirs inside of plastic box because it did not require protection from the elements. I did however notice that the testing was performed in a nitrogen environment by because it is an “industry standard”.

Lebby and PICS - IMO I think they will be super teeny tiny things and they will most likely be sealed in plastic. I think that the devices they are working on are small as in this > - <. The packaging may be about just attaching the fiber to it and locking it into place.

Remember they said they “learned things along the way”? Just My Opinion.

Fiber entering the device. Remember last year when Lebby was talking about face plate density was an issue with the connectors taking up space, and now discussions are on fiber entering through the face plate and being attached directly to the device, sounds like they are killing two birds with one stone, because along with physical limitations there is the signal loss that occurs with every connection.

How can they attach it? Photons will bounce off of an angle cut so today’s practice is to cleave (cut at a 90 degree angle) and line it up. I think that tapering, fusing, or a concave end and glue acceptor kind of thing might work. They’ll figure it out, after all it is just a piece of glass getting connected, (I helped the fiber chick splice mine and while I’m sure it was multi mode (not single mode) with a rather crude microscope, cleave it, line it up and lock it down). But multi fiber (Big Pipe Large diameter fiber optics) is much easier to connect hence why the industry tried that route first.

You know how you hear things and your antennae/awareness is tweaked, you get the true meaning of what they are saying? Following are a couple examples.

Mario Paniccia while at Intel once stated while commenting on how Big Pipe and Little Pipe (multi mode and single mode technology) is just about impossible to connect, at the time Intel went the Big pipe (Multi Mode) route because it was easy he stated that ultimately the “market will decide” I knew when I heard that a light went off, he knew they on the wrong path I started googling the crap out of Single mode technology trying to understand it.

Just as the with Lebby last year IMO while scratching his head “how will the face plate density thing get solved”, yeah right, he knew, he wanted the audience to “get it”, seed planted, industry moves forward.

OK so now we have Lebby who studied the entire market guiding and presenting for us, Yo Dudes, what a uniquely qualified individual we now have to lead a New technology, Light Replacing Electricity, Plastic Replacing OR COMPLEMENTING Indium Phosphide (InP), Gallium Arsenide (GaAs) and Silicon. The groundwork here has been laid, the production is consistent, the stability has been tested, both labs are in place, Marcelli knows how to keep them running. Leonberger for darn sure is one of the best that has done this before AND is doing it again. Lebby has the contacts and the ability to present this technology and convince some very talented individuals to join forces.

This industry is heating up, $1.20 I think is dirt cheap. My short term price goal is a $1.25 base (and I’m talking Next week), my one day la,la, la goal is a price increase of about 82 Cents in a single day, OK a buck, but the sky truly is the limit. Like I said though, we will get taken out, there will come a day when it will all be over, funds and/or shares will transfer and we will all be on our way thinking that we were the geniuses here. Many shoulda, woulda, couldas will be kicking themselves but Hey, I Most Absolutely Could Be Wrong, it Ain’t over til it’s over and Mark My Word, Games Will Be Played to make the Doubters Doubt.

Yep, This year will be the year that we come out on the field, Lebby will be shouting this from the mountain top. Do I think 5 Bucks is Possible by December 31st? YUP, and honestly I think I would be disappointed with that number.

I cannot wait until Lebby lays out the numbers in 2 weeks as to the potential, remember guys we will be getting the benefit of his studying the entire F’in world market potential/requirements along with current technology in this field for years. Remember not only does he have over 200 patents in this field “He headed the Optoelectronics Industry Development Association (OIDA), the premier networking trade association for business and scientific professionals in the optical space based in Washington, DC. Dr. Lebby has testified on behalf of the optoelectronics industry on Capitol Hill and brought the industry together on key issues. In 2015, - - - > Dr. Lebby completed a set of industry roadmaps for integrated photonics technologies over the next decade as part of the Federally funded IMI (Institute of Manufacturing Innovation) competition. These roadmaps layout industry needs for 400Gbps, 800Gbps and beyond. < -----“


Remember what Ol Ralphy said “The mind, once stretched by a new idea, never returns to its original dimensions.” I think Leonbergers and Lebby Minds are sufficiently stretched to see the end of the tunnel on this one guys. Can you say Legacy’s?


X, Perhaps I’ll see you at the Shareholders meeting.

Does it make sense; does it pass the smell test?


Does it make sense that Light should replace Electricity in computing, communications, medical, military satellites etc….?

Does it make sense that if it uses less electricity the market will accept it?

Does it make sense that our demand for data is getting bigger and BIGGER?

Does it make sense that they need to solve these problem with a new material?

Does it make sense that data centers must physically become larger?

Does it make sense then that the material should operate at Single mode wavelengths because Multi Mode peters out over longer distances?

Does it make sense that they want something smaller?

Does it make sense that they want something cheaper?

Does it make sense that if it produces less heat which requires cooling the market will accept it?

Does it make sense if it is faster it will be adopted?

Does it make sense that the material would be used in Hybrid devices as it changes over?

Does it make sense, if so, it must be compatible with today’s materials Silicon, Indium Phosphite and Gallium Arsenite. It Is

Does it make sense? If so, it must be compatible with today’s CMOS process. IT IS.

Does it make sense? If so, it must be stable over time, IT IS.

Does it make sense that Lightwaves could be used for medical examinations? (you wait)

Does it make sense that others will try to do it? They have.

Does it make sense for a small company to Control this Material?

Does it make sense that companies with Billions will try to do it on their own? They Will

Does it make sense that shares/dollars could be used to move them years ahead ? YUP

Does it make sense that each of us has a price that we would take to give it away? YUP

Does it make sense as the world discovers this logic the share price here will increase? YUP

Does it make sense that companies will want it sooner rather than later?

There is a HUGE problem in the Very Near Future and it Needs a Solution Fast.

If it make sense then it if probably a good investment!

Look at the Talent Here and to think that back in the day originally it was just basically a garage bay in an industrial park, the rent was like 400 bucks a month, Fred with a Green Plymouth, Andrew with the Yellow Mustang, Mom and Pop toiling away and Fred as smart as he was could not understand why he needed a blackberry (smart phone of the day for the youngsters didn’t have a camera a touch screen or a light) to communicate and would much rather spend time in the lab than talking to investors.

They have come a long, long way.

I love it when a Plan Comes Together, congratulations to those that have hung in there, you have earned it. I certainly wish I had gotten in on that initial 17 cent round. Oh well one should never look back and that decision was outside of my control, I bet though if I had made the Varsity team in High School I could have got on that list, LOL.

Guys How many times were we told that we were wrong? How Many Times? How many times?

I don’t mean to rub it in but ……..

‘He who laughs last laughs the longest’.

Honestly for those that have hung in there it made sense to us all along.

Xster (I’ll see many of you at the Share Holders Meeting on Thursday).

Lightwave Logic LWLG Long Since 2005

Does it make sense; does it pass the smell test?

Does it make sense that Light should replace Electricity in computing, communications, medical, military satellites etc….?

Does it make sense that if it uses less electricity the market will accept it?

Does it make sense that our demand for data is getting bigger and BIGGER?

Does it make sense that they need to solve these problem with a new material?

Does it make sense that data centers must physically become larger?

Does it make sense then that the material should operate at Single mode wavelengths because Multi Mode peters out over longer distances?

Does it make sense that they want something smaller?

Does it make sense that they want something cheaper?

Does it make sense that if it produces less heat which requires cooling the market will accept it?

Does it make sense if it is faster it will be adopted?

Does it make sense that the material would be used in Hybrid devices as it changes over?

Does it make sense, if so, it must be compatible with today’s materials Silicon, Indium Phosphite and Gallium Arsenite. It Is

Does it make sense? If so, it must be compatible with today’s CMOS process. IT IS.

Does it make sense? If so, it must be stable over time, IT IS.

Does it make sense that Lightwaves could be used for medical examinations? (you wait)

Does it make sense that others will try to do it? They have.

Does it make sense for a small company to Control this Material?

Does it make sense that companies with Billions will try to do it on their own? They Will

Does it make sense that shares/dollars could be used to move them years ahead ? YUP

Does it make sense that each of us has a price that we would take to give it away? YUP

Does it make sense as the world discovers this logic the share price here will increase? YUP

Does it make sense that companies will want it sooner rather than later?

There is a HUGE problem in the Very Near Future and it Needs a Solution Fast.

If it make sense then it if probably a good investment!

Look at the Talent Here and to think that back in the day originally it was just basically a garage bay in an industrial park, the rent was like 400 bucks a month, Fred with a Green Plymouth, Andrew with the Yellow Mustang, Mom and Pop toiling away and Fred as smart as he was could not understand why he needed a blackberry (smart phone of the day for the youngsters didn’t have a camera a touch screen or a light) to communicate and would much rather spend time in the lab than talking to investors.

They have come a long, long way.

I love it when a Plan Comes Together, congratulations to those that have hung in there, you have earned it. I certainly wish I had gotten in on that initial 17 cent round. Oh well one should never look back and that decision was outside of my control, I bet though if I had made the Varsity team in High School I could have got on that list, LOL.

Guys How many times were we told that we were wrong? How Many Times? How many times?

I don’t mean to rub it in but ……..

‘He who laughs last laughs the longest’.

Honestly for those that have hung in there it made sense to us all along.

Xster (I’ll see many of you at the Share Holders Meeting on Thursday).

I haven't a clue what a breakout board is but if you want to create one I don't know as long as it's good go ahead and do it

No Bob my check was returned on the original IPO so you got us beat you got some of them 17 centers

Looks like a couple of K for me 12 years ago to the day I want a buck seventy-five today

Honestly if they do not feel secure about their investment here perhaps they should sell. Not everyone is cut out to see the future understand problems and comprehend possible solutions nor take the time to figure it out, let’s face it this was a risky proposition and took a long, LONG time to de-risk. The problem with telling people to hold is that they are relying on you to make their decisions and may blame you if it does not go to the moon when THEY expect it to. There are most certainly some longs here IMO that should sell and Move on, the volume to absorb sales is finally here, BUT they should not look back, nor try to get back in. Not everyone has the stomach for a startup and would probably feel better with a widget company producing swing sets or stop signs with an established market that will continue to turn that 100 bucks into 101 year after year.

This is one of those things that will produce returns that are absolutely unheard of OR it may not.

Elevator Pitch - - - A Cheap Patented Plastic made in a test tube and dropped or sprayed on Silicon that is compatible with the entire CMOS process, will be used to convert Data to Light Waves using minute amounts of electricity and does not require cooling (a very green technology) . Similar to and Intel inside TM.

IMO we are just getting started, still need a day that goes up about 84 cents or so in 1 day so I can check that box.


Xster Xster Read all about it.

Lightwave Logic For Dummies I and II

The world is in fact consuming Data at a rate that is not sustainable with current technology and it is about to hit a wall and no one knows what will happen occur when that happens Moore’s law dictates a doubling every few years. A single individual just watching their dog from work is consuming more bandwidth than an Apollo mission to the moon.

For the most part Today’s computers are using silicon with electrons performing calculations then those electrons are converted with modulators/transceivers to light and then sent down fiber optics and at the other end they are converted back to electricity with another transceiver. There are 2 different widths of fiber, the larger core (Big Pipe) is Multi mode 850nm ish the wavelengths are very tight /\/\/\/\/\/\ and then there is single mode pretty much almost a straight line ----------- 1310 nm and 1510nm (key). It is important that you understand because when you look at the technology often it will be multimode however within the past year the industry has chosen Single Mode as the Path Forward.

OK so Electrons can only get so close because they bump into and interfere with each other so they must be kept apart. They also generate heat and massive cooling (just feel the bottom of your PC) is required so computers are moving to Photons because they are fast and can literally pass through each other without interference. The industry needs a stable material that is compatible with Silicon (and the entire CMOS process) to make the conversion on new Hybrid devices and today’s answer are devices made of Indium Phosphide (InP) and Gallium Arsenide (GaAs) while they are available to anyone this material is very expensive to use and does not scale (ability to reduce the size) to move forward. Lightwave has created a Patented (and some of it IP is held in secret) polymer, therefore the only place it is available is from them, this material is sprayed or spin coated on devices the poled (+ and –‘s lined up). Initially Lightave started out just making the Polymer but it took months a months to test a batch and they needed to 100’s of variations that is important to understand because there was a steep learning curve that many here took as failure, but it was all just part of the process of learning. Anyhow about 5 years ago Lightwave decide to bite the bullet build a chemical lab and a device lab and create their own feedback loop.

So there were steps throughout the evolution here, initially it was in a lab in Newport, then one of the founders had a medical problem I think it was Bim and Marcelli struggled to keep this afloat. Bim was a Dupont guy so he brought this to the attention of his Dupont buddies, they vetted it, basically recreated the process/knowledge that was lost with the founders memory. Anyway Basically A former Vice President of Dupont Polymer (Fasic) and Founder of Dupont thin films Eaton tapped their connections in the chemical world, after a few years they reached out the pharmaceutical industry to help clean up the dirty chromophore. So that is Polymer side basically a titan of the Polymer industry had blessed this. I think it was about this time that Fred Leonberger (Godfather/inventor of todays InP Modulator technology) started looking at this technology he hung around and blessed it. Now The fiber side, The former V.P. of Corning (the worlds largest fiber optic company) Joe Miller Joined another blessing. Oh also the entire time they had Terry Turpin NSA computer guru lending his support. I forget exactly when but we also had Smith of Taser on the board, he brought on Marcelli, then Marcelli moved to the Operating side and Admiral Zelibor took over Jim and Tom did the lab moves Z called for a device to prove that it worked. (When he came one I asked Admiral Z what his greatest accomplishment to date was, I asked he didn’t volunteer it, but he said a call from the Pentigon on 9/11 to take command of a 100 vessel carrier group to the middle east operation enduring freedom was born) Somewhere along the line Michael Lebby was doing a multi million dollar study of the Path Forward for the entire industry,now he has taken over the CEO slot and Just as important is Fred Leonberger (inventor of today’s incumbent technology) after years of guiding them he has decided to move to the Board of Directors and head up the Operations committee. Those 2 moves are huge obviously they have cracked the nut.

Initially when Lebby came on the board he headed up the operating committee and said we are doing 1 Gig, 10 Gig then the 25 Gig Single Mode Modulator to show the industry how we can modify our polymers to perform and scale. As of Last week we Just checked that Box. The Material WORKS.

Elevator Pitch - - - A Cheap Patented Plastic made in a test tube and dropped or sprayed on Silicon that is compatible with the entire CMOS process, will be used to convert Data to Light Waves using minute amounts of electricity and does not require cooling (a very green technology) . Similar to and Intel inside TM.

Oh the data center thing, data centers are getting bigger and bigger buying up all the real-estate around and they need something that can move the data around in a single mode form (distances are too far for multi mode). That is the initial target market for Lightwaves entrance into the market.

The uses for this technology are far too numerous to note but some are obvious like Millitary, Medical, Data Communications, Telecommunications, Gaming and on and on Literally 10’s if not hundreds of Billions of dollars may very well rely on this goo that will be inside doing the work but for now just focus the 2km data center market at 1 Dollar per Gig.


http://lightwavelogic.com/wp-content/uploads/2016/09/ECOCpres2016LebbyFinal-1.pdf

(Takes a while to download)


As Z says Leonberger, Lebby and Miller can wax eloquently for hours talking about this, they are highly respected and can command an audience with anyone in the industry.

Fortune 500’s and Academia have tried, so I’m sure there is much doubt in the industry as to how such a small company could do this, but look at the talent, over the years I’ve watched, listened, questioned from every possible logical angle and I’m convinced that they did it.

I have no doubt that we will see a partnership soon or will simply be bought out. The industry needs a solution and it needs it soon. A Billion or two (do I here 5?) is peanuts for some of these companies.

OH as for how they fund operations the was an initial PP years ago (that I missed out on) and many others along the way, then LPC has been brought in (many do not understand it and because of that they are scared of it) they basically act as a middleman Lightwave sells them shares at a discount and they sell them on the market, there is a built in profit for them. As soon as Lightwave has a cash cow partner that will be close that out currently they own about 5 Per Cent and will do everything in their power to see maximum return on that core position, many do not quite Get That. Lightwave always keeps about 6 months of cash on hand Marcelli watches the money very close and is great at that, they always keep just enough on hand so they can concentrate on the actual business.

OK Now Lightwave HAS JUST Turned a New Page, I think we will begin to See Lebby, Leonberger and Possibly Miller tap someone on the shoulder to form something bigger. Let’s see, oh and yes some criticize me for being too positive and forward thinking, so I apologize also to them.

________________________

X’s LWLG for Dummies Step II

These are opinions, MY opinions and are not based on anything other than MY intuitions/interpretations of things that I read or hear many of you talking about. Remember though that in the stock market perception can become reality; but “true” science is in fact science, not opinions. I am not here to purposely mislead anyone, just trying to present how I see this. Often times I scratch my head wondering why many investors that have bet on this like to publicly post their doubts without researching them, like hey I can argue this and create doubt, this is fun, or honestly sometimes I wonder if Bipolar disease is more rampant that I thought. I’m not one to talk thought I think I have ADD, ADHD, Dyslexia along with a pornographic memory (not a typo) but my second grade teacher Sister Lucy beat most of it out of me with a yardstick and some good ol fashioned red ink on my homework, I never got a participation trophy and calculus wasn’t for me oh and I could not make the varsity team but I tried none the less.

I do tend to oversimplify but I guess but that is the only way I can understand it.

Packaging, So packaging apparently means different things to different people, to me it was always about the physical box that the magic would sit inside of and with the old legacy technology it required a gold Kovar box for protection, Lightwave all along thought that they could place theirs inside of plastic box because it did not require protection from the elements. I did however notice that the testing was performed in a nitrogen environment by because it is an “industry standard”.

Lebby and PICS - IMO I think they will be super teeny tiny things and they will most likely be sealed in plastic. I think that the devices they are working on are small as in this > - <. The packaging may be about just attaching the fiber to it and locking it into place.

Remember they said they “learned things along the way”? Just My Opinion.

Fiber entering the device. Remember last year when Lebby was talking about face plate density was an issue with the connectors taking up space, and now discussions are on fiber entering through the face plate and being attached directly to the device, sounds like they are killing two birds with one stone, because along with physical limitations there is the signal loss that occurs with every connection.

How can they attach it? Photons will bounce off of an angle cut so today’s practice is to cleave (cut at a 90 degree angle) and line it up. I think that tapering, fusing, or a concave end and glue acceptor kind of thing might work. They’ll figure it out, after all it is just a piece of glass getting connected, (I helped the fiber chick splice mine and while I’m sure it was multi mode (not single mode) with a rather crude microscope, cleave it, line it up and lock it down). But multi fiber (Big Pipe Large diameter fiber optics) is much easier to connect hence why the industry tried that route first.

You know how you hear things and your antennae/awareness is tweaked, you get the true meaning of what they are saying? Following are a couple examples.

Mario Paniccia while at Intel once stated while commenting on how Big Pipe and Little Pipe (multi mode and single mode technology) is just about impossible to connect, at the time Intel went the Big pipe (Multi Mode) route because it was easy he stated that ultimately the “market will decide” I knew when I heard that a light went off, he knew they on the wrong path I started googling the crap out of Single mode technology trying to understand it.

Just as the with Lebby last year IMO while scratching his head “how will the face plate density thing get solved”, yeah right, he knew, he wanted the audience to “get it”, seed planted, industry moves forward.

OK so now we have Lebby who studied the entire market guiding and presenting for us, Yo Dudes, what a uniquely qualified individual we now have to lead a New technology, Light Replacing Electricity, Plastic Replacing OR COMPLEMENTING Indium Phosphide (InP), Gallium Arsenide (GaAs) and Silicon. The groundwork here has been laid, the production is consistent, the stability has been tested, both labs are in place, Marcelli knows how to keep them running. Leonberger for darn sure is one of the best that has done this before AND is doing it again. Lebby has the contacts and the ability to present this technology and convince some very talented individuals to join forces.

This industry is heating up, $1.20 I think is dirt cheap. My short term price goal is a $1.25 base (and I’m talking Next week), my one day la,la, la goal is a price increase of about 82 Cents in a single day, OK a buck, but the sky truly is the limit. Like I said though, we will get taken out, there will come a day when it will all be over, funds and/or shares will transfer and we will all be on our way thinking that we were the geniuses here. Many shoulda, woulda, couldas will be kicking themselves but Hey, I Most Absolutely Could Be Wrong, it Ain’t over til it’s over and Mark My Word, Games Will Be Played to make the Doubters Doubt.

Yep, This year will be the year that we come out on the field, Lebby will be shouting this from the mountain top. Do I think 5 Bucks is Possible by December 31st? YUP, and honestly I think I would be disappointed with that number.

I cannot wait until Lebby lays out the numbers in 2 weeks as to the potential, remember guys we will be getting the benefit of his studying the entire F’in world market potential/requirements along with current technology in this field for years. Remember not only does he have over 200 patents in this field “He headed the Optoelectronics Industry Development Association (OIDA), the premier networking trade association for business and scientific professionals in the optical space based in Washington, DC. Dr. Lebby has testified on behalf of the optoelectronics industry on Capitol Hill and brought the industry together on key issues. In 2015, - - - > Dr. Lebby completed a set of industry roadmaps for integrated photonics technologies over the next decade as part of the Federally funded IMI (Institute of Manufacturing Innovation) competition. These roadmaps layout industry needs for 400Gbps, 800Gbps and beyond. < -----“


Remember what Ol Ralphy said “The mind, once stretched by a new idea, never returns to its original dimensions.” I think Leonbergers and Lebby Minds are sufficiently stretched to see the end of the tunnel on this one guys. Can you say Legacy’s?


X, Have a good Day Perhaps I’ll see you at the Shareholders meeting.

Wow How Relevant! So the technology will merely give them an edge at increasing data speeds and Remember that increased data will pour into the data centers furthering the problem that they are facing. Also this demonstrates my theory that if the technology has potential the big guys will step in and pay through the nose before it is 100 per cent ready to go, Comprende?.

When one factors in all the uses for Lightwaves polymers (Data. Communications, Medical, Military etc.) it’s potential is many times that of Straight Path.

Next Thursday there is a Lightwave Logic Shareholders meeting in Boulder Colorado where I believe that the new CEO Michael Lebby will lay out the potential uses of their Patented Plastic Coating that can be Applied to Silicon, this material Increases the Speed while reducing the Size of the components required by Moores law and dramatically Reducing the Power required to Operate Data Centers (Green).

Over the years I’ve attended about a half dozen of these meeting, for anyone that can make it I Highly recommend it. Probably 99.9% of investors in the U.S. have never attend a shareholders’ meeting but for the longs here that is not the case. Especially in today's hide behind the computer crowd it makes it very difficult to know the true person or their motivation,,, of what they are saying, you know what I'm saying) If I had to guess I’d bet that between 100 and 250 attend which is huge for a small company. I’ve also watched them and can tell you it does not compare to Looking someone in the eye when you ask them a question watching their body language, meeting fellow investors/posters etc. it is well worth it. You can grab a room in Denver for less that $100 bucks, rent a car and fly out late afternoon and be home that night. Some of us though like to celebrate a little, believe it or not most are normal everyday folks. If you are slow (like me) it takes many, many hours to understand what they have here. Look for me at the meeting, um before, during, but perhaps not so much after else I’ll be celebrating consequently I’m sure that I’ll be really super intelligent for a few hours, LOL Who knows the next day we may end up at the Stanley Hotel (think of the movie “The Shining”) Drinking at the bar the bar with Jack Nicholson, ”Honey I’m home”.

Getting a little carried away so I’ll stop.

Xster

So I hesitated to post this but the following is what I’m talking about when I say games will be played they can make it look like a sale when it was in fact a buy and it only cost them .001 cents. However It is much easier to do this on low volume because you don’t have anyone to push it back up.

And guys when you get someone that wants a large quantity and pay just a few hundred bucks per day to work the order the market makers will not show the true amount of order, they will run macros that strategically execute programs designed to work best for their client even strategically selling at one point then buying and immediately covering up with a little sale to play with your emotions create doubt especially for the weak kneed out there.

However the potential for Lightwave is far, FAR and away too risky for anyone that takes a minute to look at the potential here. So IMO the profession long term Shorts will not go to the trouble of trying to make a play here, Too Much Potential for this.

Light replacing electricity, computing and communicating faster while solving the immediate data center problem (as we speak they are physically becoming larger and larger the real estate they cover causes today’s multi mode technology to fail) using photons that generate very little heat, with a cheap Patented plastic that is compatible with all current technologies the environment that they operate in and the production environment. That is mouthful but it is simple enough to understand. If it makes economic sense it will win, but games will be played, anyone thinking that they will short this to make 25 cents on the down side could get slammed with a quick 5 Buck move to the upside. So I don’t think they will just play the long term short game. In the end it is supply and demand for the next week the folks are not selling they are awaiting the Share Holder meeting which I think will be very interesting.

The groundwork has been laid, the material and lab is in place, they have enough money to operate, new talent will no doubt want to get on this bandwagon, been waiting over 12 years for this and we are about ready to Rock N Roll My Friends, but Games Will Be Played and again, One Day We Will Wake up to News Giving us Shares or Dollars, Mark My Words.

Intel, IBM, Google, Facebook on and on, they are loaded with cash and in need of a solution for this applied optical magic. And just Wait until the Medical Potential is unleashed, Holly Molly. for now let us concentrate on solving the data center issue.

Oops almost forgot, uses less electricity to operate and far more important uses perhaps half of the cooling saving electricity to make it "Green".

Funny story we have super fund site down the street pretty much useless so they built a storage bin rental joint on it (a disgusting chemical dump) and the operator of that business advertises it as the only Green storage business in the state because they have solar panels, you can not make this crap up. They have to monitor the ground water every 100 feet for a mile, but hey, weeeeee its green.

Lovin Life

Xster

Is Lyft and Uber still legal in Denver and Boulder, or um, LOL, did they legalize weed and make ride sharing a crime? Debating on renting a car next week but if I’m going to have fun I don’t want to risk a DUI and if I'm going to venture up the mountain not sure if taxis go there or want to hang out for a few hours.

Oh also I voted my shares but do not remember seeing a box to check for attending the Share Holder Meeting?

Anyone?

Thanks,

Xster

I’d say complementary and I’m pretty sure this is exactly what is needed as one of the last barriers to creating a Polymer Hybrid PIC - a powerful laser source that can sit on the PIC and at the correct wavelength. It is impossible to turn a laser on and off that fast so it is not competitive. Lightwaves goo takes a steady light and basically imprints 1 and 0’s on it.


This is complex stuff and roger on the pay grade but I think they are currently using an external laser on the bench and lining it up it sounds like this could be positioned on the chip which would lock it in and line it up. Someone on here (I think it was scout) used to preach that this technology did not exist yet and think I saw it on Lebby’s presentation as something that was needed, so I’m pretty sure this should help. I think that we will learn lot at the meeting 1 Week From this Thursday.


Nice Find looks like another piece of the puzzle.

http://lightwavelogic.com/wp-content/uploads/2016/09/ECOCpres2016LebbyFinal-1.pdf

I noticed that other presentation was taken down

X

X’s LWLG for Dummies Baby Step II

These are opinions, MY opinions and are not based on anything other than MY intuitions/interpretations of things that I read or hear many of you talking about. Remember though that in the stock market perception can become reality; but “true” science is in fact science, not opinions. I am not here to purposely mislead anyone, just trying to present how I see this. Often times I scratch my head wondering why many investors that have bet on this like to publicly post their doubts without researching them, like hey I can argue this and create doubt, this is fun, or honestly sometimes I wonder if Bipolar disease is more rampant that I thought. I’m not one to talk thought I think I have ADD, ADHD, Dyslexia along with a pornographic memory (not a typo) but my second grade teacher Sister Lucy beat most of it out of me with a yardstick and some good ol fashioned red ink on my homework, I never got a participation trophy and calculus wasn’t for me oh and I could not make the varsity team but I tried none the less.

I do tend to oversimplify but I guess but that is the only way I can understand it.

Packaging, So packaging apparently means different things to different people, to me it was always about the physical box that the magic would sit inside of and with the old legacy technology it required a gold Kovar box for protection, Lightwave all along thought that they could place theirs inside of plastic box because it did not require protection from the elements. I did however notice that the testing was performed in a nitrogen environment by because it is an “industry standard”.

Lebby and PICS - IMO I think they will be super teeny tiny things and they will most likely be sealed in plastic. I think that the devices they are working on are small as in this > - <. The packaging may be about just attaching the fiber to it and locking it into place.

Remember they said they “learned things along the way”? Just My Opinion.

Fiber entering the device. Remember last year when Lebby was talking about face plate density was an issue with the connectors taking up space, and now discussions are on fiber entering through the face plate and being attached directly to the device, sounds like they are killing two birds with one stone, because along with physical limitations there is the signal loss that occurs with every connection.

How can they attach it? Photons will bounce off of an angle cut so today’s practice is to cleave (cut at a 90 degree angle) and line it up. I think that tapering, fusing, or a concave end and glue acceptor kind of thing might work. They’ll figure it out, after all it is just a piece of glass getting connected, (I helped the fiber chick splice mine and while I’m sure it was multi mode (not single mode) with a rather crude microscope, cleave it, line it up and lock it down). But multi fiber (Big Pipe Large diameter fiber optics) is much easier to connect hence why the industry tried that route first.

You know how you hear things and your antennae/awareness is tweaked, you get the true meaning of what they are saying? Following are a couple examples.

Mario Paniccia while at Intel once stated while commenting on how Big Pipe and Little Pipe (multi mode and single mode technology) is just about impossible to connect, at the time Intel went the Big pipe (Multi Mode) route because it was easy he stated that ultimately the “market will decide” I knew when I heard that a light went off, he knew they on the wrong path I started googling the crap out of Single mode technology trying to understand it.

Just as the with Lebby last year IMO while scratching his head “how will the face plate density thing get solved”, yeah right, he knew, he wanted the audience to “get it”, seed planted, industry moves forward.

OK so now we have Lebby who studied the entire market guiding and presenting for us, Yo Dudes, what a uniquely qualified individual we now have to lead a New technology, Light Replacing Electricity, Plastic Replacing OR COMPLEMENTING Indium Phosphide (InP), Gallium Arsenide (GaAs) and Silicon. The groundwork here has been laid, the production is consistent, the stability has been tested, both labs are in place, Marcelli knows how to keep them running. Leonberger for darn sure is one of the best that has done this before AND is doing it again. Lebby has the contacts and the ability to present this technology and convince some very talented individuals to join forces.

This industry is heating up, $1.20 I think is dirt cheap. My short term price goal is a $1.25 base (and I’m talking Next week), my one day la,la, la goal is a price increase of about 82 Cents in a single day, OK a buck, but the sky truly is the limit. Like I said though, we will get taken out, there will come a day when it will all be over, funds and/or shares will transfer and we will all be on our way thinking that we were the geniuses here. Many shoulda, woulda, couldas will be kicking themselves but Hey, I Most Absolutely Could Be Wrong, it Ain’t over til it’s over and Mark My Word, Games Will Be Played to make the Doubters Doubt.

Yep, This year will be the year that we come out on the field, Lebby will be shouting this from the mountain top. Do I think 5 Bucks is Possible by December 31st? YUP, and honestly I think I would be disappointed with that number.

I cannot wait until Lebby lays out the numbers in 2 weeks as to the potential, remember guys we will be getting the benefit of his studying the entire F’in world market potential/requirements along with current technology in this field for years. Remember not only does he have over 200 patents in this field “He headed the Optoelectronics Industry Development Association (OIDA), the premier networking trade association for business and scientific professionals in the optical space based in Washington, DC. Dr. Lebby has testified on behalf of the optoelectronics industry on Capitol Hill and brought the industry together on key issues. In 2015, - - - > Dr. Lebby completed a set of industry roadmaps for integrated photonics technologies over the next decade as part of the Federally funded IMI (Institute of Manufacturing Innovation) competition. These roadmaps layout industry needs for 400Gbps, 800Gbps and beyond. < -----“


Remember what Ol Ralphy said “The mind, once stretched by a new idea, never returns to its original dimensions.” I think Leonbergers and Lebby Minds are sufficiently stretched to see the end of the tunnel on this one guys. Can you say Legacy’s?


X Have a good weekend.

Lightwave Logic For Dummies I

The world is in fact consuming Data at a rate that is not sustainable with current technology and it is about to hit a wall and no one knows what will happen when that happens Moores law dictates a doubling every few years. A single individual just watching their dog from home is consuming more bandwidth than an Apollo mission to the moon.

For the most part Today’s computers are using silicon with electrons performing calculations then those electrons are converted with modulators/transceivers to light and then sent down fiber optics and at the other end they are converted back to electricity again with another transceiver. There are 2 different widths of fiber, the larger core (Big Pipe) is Multi mode 850nm ish the wavelengths are very tight /\/\/\/\/\/\ and then there is single mode pretty much almost a straight line ----------- 1310 nm and 1510nm (key). It is important that you understand because when you look at the technology often it will be multimode however within the past year the industry has chosen Single Mode as the Path Forward.

OK so Electrons can only get so close because they bump into each other and interfere so they must be kept apart. They also generate heat and massive cooling (just feel the bottom of your PC) is required so computers are moving to Photons because they are fast and can literally pass through each other without interference. The industry needs a stable material that is compatible with Silicon (and the entire CMOS process) to make the conversion on new Hybrid devices and today’s answer are devices made of Indium Phosphide (InP) and Gallium Arsenide (GaAs) while they are available to anyone this material is very expensive to use and does not scale (ability to reduce the size) to move forward. Lightwave has created a Patented (and some of it IP is held in secret) polymer, therefore the only place it is available is from them, this material is sprayed or spin coated on devices the poled (+ and –‘s lined up). Initially Lightave started out just making the Polymer but it took months a months to test a batch and they needed to 100’s of variations that is important to understand because there was a steep learning curve that many here took as failure, but it was all just part of the process of learning. Anyhow about 5 years ago Lightwave decide to bite the bullet build a chemical lab and a device lab and create their own feedback loop.

So there were steps throughout the evolution here, initially it was in a lab in Newport, then one of the founders had a medical problem I think it was Bim and Marcelli struggled to keep this afloat. Bim was a Dupont guy so he brought this to the attention of his Dupont buddies, they vetted it, basically recreated the process/knowledge that was lost with the founders memory. Anyway Basically A former Vice President of Dupont Polymer (Fasic) and Founder of Dupont thin films Eaton tapped their connections in the chemical world, after a few years they reached out the pharmaceutical industry to help clean up the dirty chromophore. So that is Polymer side basically a titan of the Polymer industry had blessed this. I think it was about this time that Fred Leonberger (Godfather/inventor of todays InP Modulator technology) started looking at this technology he hung around and blessed it. Now The fiber side, The former V.P. of Corning (the worlds largest fiber optic company) Joe Miller Joined another blessing. Oh also the entire time they had Terry Turpin NSA computer guru lending his support. I forget exactly when but we also had Smith of Taser on the board, he brought on Marcelli, then Marcelli moved to the Operating side and Admiral Zelibor took over Jim and Tom did the lab moves Z called for a device to prove that it worked. (When he came one I asked Admiral Z what his greatest accomplishment to date was, I asked he didn’t volunteer it, but he said a call from the Pentigon on 9/11 to take command of a 100 vessel carrier group to the middle east operation enduring freedom was born) Somewhere along the line Michael Lebby was doing a multi million dollar study of the Path Forward for the entire industry,now he has taken over the CEO slot and Just as important is Fred Leonberger (inventor of today’s incumbent technology) after years of guiding them he has decided to move to the Board of Directors and head up the Operations committee. Those 2 moves are huge obviously they have cracked the nut.

Initially when Lebby came on the board he headed up the operating committee and said we are doing 1 Gig, 10 Gig then the 25 Gig Single Mode Modulator to show the industry how we can modify our polymers to perform and scale. As of Last week we Just checked that Box. The Material WORKS.

Elevator Pitch - - - A Cheap Patented Plastic made in a test tube and dropped or sprayed on Silicon that is compatible with the entire CMOS process, will be used to convert Data to Light Waves using minute amounts of electricity and does not require cooling (a very green technology) . Similar to and Intel inside TM.

Oh the data center thing, data centers are getting bigger and bigger buying up all the real-estate around and they need something that can move the data around in a single mode form (distances are too far for multi mode). That is the initial target market for Lightwaves entrance into the market.

The uses for this technology are far too numerous to note but some are obvious like Millitary, Medical, Data Communications, Telecommunications, Gaming and on and on Literally 10’s if not hundreds of Billions of dollars may very well rely on this goo that will be inside doing the work but for now just focus the 2km data center market at 1 Dollar per Gig.

http://lightwavelogic.com/wp-content/uploads/2016/03/PICconferenceDraftVer12.pdf
Slide 47

As Z says Leonberger, Lebby and Miller can wax eloquently for hours talking about this, they are highly respected and can command an audience with anyone in the industry.

Fortune 500’s and Academia have tried, so I’m sure there is much doubt in the industry as to how such a small company could do this, but look at the talent, over the years I’ve watched, listened, questioned from every possible logical angle and I’m convinced that they did it.

I have no doubt that we will see a partnership soon or will simply be bought out. The industry needs a solution and it needs it soon. A Billion or two (do I here 5?) is peanuts for some of these companies.

OH as for how they fund operations the was an initial PP years ago (that I missed out on) and many others along the way, then LPC has been brought in (many do not understand it and because of that they are scared of it) they basically act as a middleman Lightwave sells them shares at a discount and they sell them on the market, there is a built in profit for them. As soon as Lightwave has a cash cow partner that will be close that out currently they own about 5 Per Cent and will do everything in their power to see maximum return on that core position, many do not quite Get That. Lightwave always keeps about 6 months of cash on hand Marcelli watches the money very close and is great at that, they always keep just enough on hand so they can concentrate on the actual business.

OK Now Lightwave HAS JUST Turned a New Page, I think we will begin to See Lebby, Leonberger and Possibly Miller tap someone on the shoulder to form something bigger. Let’s see, oh and yes some criticize me for being too positive and forward thinking, so I apologize also to them.



X

Oops I posted T+3 at the red light, it should have been T+4 and T+6 Which would be Friday, Monday and Tuesday (I guess) although yes proto I think they could juggle some of the shares but I still do not see enough shares sold at a buck or so to do that.

Do I hear $1.25?

Per SEC

1. Is all “naked” short selling abusive or illegal?
When considering “naked” short selling, it is important to know which activity is the focus of discussion.

Selling stock short without having located stock for delivery at settlement. This activity would violate Regulation SHO, except for short sales by market makers engaged in bona fide market making. Market makers engaged in bona fide market making do not have to locate stock before selling short, because they need to be able to provide liquidity. However, market makers are not excepted from Regulation SHO’s close-out and pre-borrow requirements*

Selling stock short and failing to deliver shares at the time of settlement. Rule 204 requires firms that clear and settle trades to deliver securities to a registered clearing agency for clearance and settlement on a long or short sale in any equity security by the settlement date or to take action to close out failures to deliver by borrowing or purchasing securities of like kind and quantity by no later than the beginning of regular trading hours on T+4 for short sale fails or T+6 for long sale fails and fails attributable to bona fide market making. If a firm that clears and settles trades has a failure to deliver that is not closed out by the beginning of regular trading hours on T+4 or T+6, as applicable, the firm has violated Rule 204 and the firm, and any broker-dealer from which it receives trades for clearance and settlement,* is subject to the pre-borrow requirement for that security.*

So if they fail to deliver they are “subject to the pre-borrow requirements going forward”-< - - -

Selling stock short without having located stock for delivery at settlement and failing to deliver shares at the time of settlement. This activity may violate Regulation SHO’s locate and close-out requirements, as explained above. In addition, in fall 2008 the Commission adopted Rule 10b-21, referred to as the “naked” short selling antifraud rule. Those who deceive about their intention or ability to deliver securities in time for settlement are committing fraud, in violation of Rule 10b-21, when they fail to deliver securities by the settlement date.

Selling stock short and failing to deliver shares at the time of settlement with the purpose of driving down the security’s price. This manipulative activity, in general, would violate various securities laws, including Rule 10b-5 under the Exchange Act.

2. Is “naked” short selling the reason my stock has lost value?
Investors should always use caution before investing in high-risk, speculative stocks, especially with regard to their retirement portfolios, because all stocks may decline in value. There are many reasons why a stock may decline in value. The value of a stock is determined by the basic relationship between supply and demand. If many people want a stock (demand is high), then the price will rise. If a few people want a stock (demand is low), then the price will fall. The main factor determining the demand for a stock is the quality of the company itself. If the company is fundamentally strong, that is, if it is generating positive income, its stock is less likely to lose value.

Speculative stocks, such as microcap stocks, often have a high probability of declining in value and a low probability of experiencing above average gains.[12] For example, investors should take extra care to thoroughly research any company not listed for trading on a national securities exchange, including companies which are closely held, extremely small or thinly traded.[13] Such companies may not meet the minimum listing requirements for trading on a national securities exchange, such as the New York Stock Exchange or the Nasdaq Stock Market. Many of these companies do not file periodic reports or audited financial statements with the SEC, making it very difficult for investors to find reliable, unbiased information about those companies.

There also may be instances where a company insider or paid promoter provides false and misleading excuses for why a company’s stock price has recently decreased. For instance, these individuals may claim that the price decrease is a temporary condition resulting from the activities of “naked” short sellers. The insiders or promoters may hope to use this misinformation to move the price back up so they can dump their own stock at higher prices. Often, the price decrease is a result of the company’s poor financial situation rather than the reasons provided by the insiders or promoters.

“Naked” short selling, however, can have negative effects on the market. Fraudsters may use “naked” short selling as a tool to manipulate the market. Market manipulation is illegal.[14] The SEC has toughened its rules including through the adoption of Rule 10b-21 in 2008, referred to as the “naked” short selling antifraud rule, and is vigilant about taking actions against alleged wrongdoers.[15]

Failures to deliver that persist for an extended period of time may result in a significantly large unfulfilled delivery obligation at the clearing agency where trades are settled. Regulation SHO is intended to reduce the number of potential failures to deliver, and limit the time in which a broker can permit a failure to deliver to persist. For instance, as explained above, Regulation SHO generally requires firms that clear and settle trades to close out a failure to deliver resulting from a short sale by the beginning of regular trading hours on T+4.

3. Do all failures to deliver reflect improper activity? After adoption of Rule 204, why are there still failures to deliver?
A failure to deliver occurs when a broker-dealer fails to deliver securities to the party on the other side of the transaction on the settlement date. There are many justifiable reasons why broker-dealers do not or cannot deliver securities on the settlement date. A broker-dealer may experience a problem that is either unanticipated or is out of its control, such as (1) delays in customers delivering their shares to a broker-dealer, (2) the inability to obtain borrowed shares in time for settlement, (3) issues related to the physical transfer of securities, or (4) the failure of a broker-dealer to receive shares it had purchased to fulfill its delivery obligations. Failures to deliver can result from both long and short sales.

Regulation SHO was designed to target potentially problematic failures to deliver. Prevention of fails is the goal of the locate requirement. Regulation SHO requires broker-dealers to identify a source of borrowable stock before executing a short sale in any equity security with the goal of reducing the number of situations where stock is unavailable for settlement. But, because the locate is usually done three days before settlement, the stock may not be available from the source at the time of settlement, possibly resulting in a fail.

Regulation SHO also requires firms that clear and settle trades to take action to close out failures to deliver by borrowing or purchasing securities of like kind and quantity. For short sale transactions, failures to deliver must be closed out by no later than the beginning of regular trading hours on the settlement day following the settlement date, referred to as T+4. For long sale transactions or bona fide market making activities, failures to deliver must be closed out by no later than the beginning of regular trading hours on the third settlement day following the settlement date, referred to as T+6.

Rule 204 provides an extended period of time to close out certain failures to deliver. Specifically, if a failure to deliver position results from the sale of a security that a person is deemed to own and that such person intends to deliver as soon as all restrictions on delivery have been removed, the firm has up to 35 calendar days following the trade date to close out the failure to deliver position by purchasing securities of like kind and quantity. Such additional time is warranted and does not undermine the goal of reducing failures to deliver because these are sales of owned securities that cannot be delivered by the settlement date due solely to processing delays outside the seller’s or broker-dealer’s control. Moreover, delivery is required to be made on such sales as soon as all restrictions on delivery have been removed and situations where a person is deemed to own a security are limited to those specified in Rule 200 of Regulation SHO. A common example of a deemed to own security that cannot be delivered by the settlement date is a security subject to the resale restrictions of Rule 144 under the Securities Act of 1933.

This is fascinating to watch especially if Lebby drops an atom bomb on this and nukes em, Use caution, watch out and the shareholder’s meeting is less than 2 weeks away.

Looking forward to a $1.25, Third Times a Charm.

Eventually the shares will need to settled so shorting doesn't matter until you are selling, it actually kind of winds the spring tighter.

F' Fascinating

Anyone selling want $1.25?
Xster Kew

Or they could find a large shareholder to loan them the shares and then they would just pay interest on that

Keep in mind they have t + 3 days to settle those trades that would be end of business Monday still working but I'll throw down a little spreadsheet calculation that will just show you the valuation of LPC current Holdings Plus the value of the of the warrants I think some of you will change your mind real quick when you see the difference between a buck fifty and the dollar to them if I get a chance I'll do it tomorrow morning later taters

I'm not sure if many understand what t + 3 means t means the trade date plus 3 days so that would be Friday so they have until Friday to either borrow shares or buy new ones to cover the excess shares sold yesterday Thursday maybe a good day to buy

Round and round we go big boy pants on

Honestly I don't think that the market makers intentionally naked shorted it I think they just put it up there and the folks grabbed it now they've got a fill the shares they sold and towards the end of the day I agree they probably shorted it to trip some stop losses make sense if so they're going to be a little bit stingy in filling orders what would be a super ball buster for'em is if they released some kind of news

Super Fast Cheap Polymer Made in a Test Tube That Is Patented Unlike all of the Other Materials That Occur Naturally Are Expensive and Are Not Scaleable.

Electrons used in computers interfere with each other so they can not get too close, I know its weird but Photons can literally pass through each other.

These guys have invented a plastic that can control Light using Electricity.

Plastic Replacing Silicon but is Compatible with it for the Hybrid Devices as It Changes Over.

Light Replacing Electrons inside of Computers.

Uses Much Less Electricity so it Makes Sense.

Cheap so I Makes Sense that it will succeed.

It has uses in the Medical world as well.

No Doubt This Will Be Bought Out the Question is How Long Before it Happens.

It has taken 12 Years and I’ve been here for the Duration while this sounds like a long time the fortune 500’s spent Billions trying to figure it out but never changed the mindset of trying to make something EO active Stable consequently it always Broke Up.

Lightwave took Stable Polymers and Made the EO Active.

Tried to dumb this down to an 8 grade level so any newbie’s can Understand because this is complex.

I'm done now sorry.

X

Float Lock Down (FLD) basics.

When we talk about the float we are talking about shares that are freely traded on the stock market for a particular stock. The float is the outstanding shares minus any shares that are not available because they are restricted or are being set aside for company purposes.

When we buy and hold stock we are taking shares out of the market and in that process reducing the float or any available shares that may be sold.

When we have effectively bought all of the available shares then the stock is in “Float Lock Down” as MC states in his posts.

Any shares purchased after the Float Lock Down point is reached are shares the market makers do not have so they are either shares that are sold short or they are naked short shares, shares that do not exist.

When this event occurs then the market makers job is to try and free up shares or take the market on that stock to a higher level in order to create sales of shares.

If the market makers try to free up shares then they will do what we call a “shake”. They will take the stock up then short it down in order to create panic or take out stop loss orders and/or take out those individuals who have mental stops in mind.

If people do not sell and hold stock for a higher valuation then the market makers will determine after a period of time to take the stock back up and try to encourage more selling.

The market is based on supply and demand. If the demand outweighs the supply then the market makers try to create an atmosphere for the seller. If there are no sellers then they take the stock to a point where people will sell.

And that my friends is where it gets exciting.

Full disclosure, I googled this and plagiarized it from some cat name Blinton and I think he took it from someone else named cowboy in Monk's den.

X

In other words if nobody sells the market tightens up. Games will be played my friends, put your belt on and don't wuss out, some may need suspenders. When big money moves in professions will make some moves that don't appear to make sense, many will blaim LPC but they are up 6 - 7 figures if you use a buck as their basis in their core account, I think that came down recently I know mine did.

Lightwave Logic For Dummies

Sorry to Post Bomb you guys just putting relevant ish here, I think I have one more, then I gotta split.

The world is consuming Data at a rate that is not sustainable with current technology and it is about to hit a wall and no one knows what will happen when that happens Moores law dictates a doubling every few years. A single individual just watching their dog from home is consuming more bandwidth than an Apollo mission to the moon.

For the most part Today’s computers are using silicon with electrons performing calculations then those electrons are converted with modulators/transceivers to light and then sent down fiber optics and at the other end they are converted back to electricity again with another transceiver. There are 2 different widths of fiber, the larger core (Big Pipe) is Multi mode 850nm ish the wavelengths are very tight /\/\/\/\/\/\ and then there is single mode pretty much almost a straight line ----------- 1310 nm and 1510nm (key). It is important that you understand because when you look at the technology often it will be multimode however within the past year the industry has chosen Single Mode as the Path Forward.

OK so Electrons can only get so close because they bump into each other and interfere so they must be kept apart. They also generate heat and massive cooling (just feel the bottom of your PC) is required so computers are moving to Photons because they are fast and can literally pass through each other without interference. The industry needs a stable material that is compatible with Silicon (and the entire CMOS process) to make the conversion on new Hybrid devices and today’s answer are devices made of Indium Phosphide (InP) and Gallium Arsenide (GaAs) while they are available to anyone this material is very expensive to use and does not scale (ability to reduce the size) to move forward. Lightwave has created a Patented (and some of it IP is held in secret) polymer, therefore the only place it is available is from them, this material is sprayed or spin coated on devices the poled (+ and –‘s lined up). Initially Lightave started out just making the Polymer but it took months a months to test a batch and they needed to 100’s of variations that is important to understand because there was a steep learning curve that many here took as failure, but it was all just part of the process of learning. Anyhow about 5 years ago Lightwave decide to bite the bullet build a chemical lab and a device lab and create their own feedback loop.

So there were steps throughout the evolution here, initially it was in a lab in Newport, then one of the founders had a medical problem I think it was Bim and Marcelli struggled to keep this afloat. Bim was a Dupont guy so he brought this to the attention of his Dupont buddies, they vetted it, basically recreated the process/knowledge that was lost with the founders memory. Anyway Basically A former Vice President of Dupont Polymer (Fasic) and Founder of Dupont thin films Eaton tapped their connections in the chemical world, after a few years they reached out the pharmaceutical industry to help clean up the dirty chromophore. So that is Polymer side basically a titan of the Polymer industry had blessed this. I think it was about this time that Fred Leonberger (Godfather/inventor of todays InP Modulator technology) started looking at this technology he hung around and blessed it. Now The fiber side, The former V.P. of Corning (the worlds largest fiber optic company) Joe Miller Joined another blessing. Oh also the entire time they had Terry Turpin NSA computer guru lending his support. I forget exactly when but we also had Smith of Taser on the board, he brought on Marcelli, then Marcelli moved to the Operating side and Admiral Zelibor took over Jim and Tom did the lab moves Z called for a device to prove that it worked. (When he came one I asked Admiral Z what his greatest accomplishment to date was, I asked he didn’t volunteer it, but he said a call from the Pentigon on 9/11 to take command of a 100 vessel carrier group to the middle east operation enduring freedom was born) Somewhere along the line Michael Lebby was doing a multi million dollar study of the Path Forward for the entire industry,now he has taken over the CEO slot and Just as important is Fred Leonberger (inventor of today’s incumbent technology) after years of guiding them he has decided to move to the Board of Directors and head up the Operations committee. Those 2 moves are huge obviously they have cracked the nut.

Initially when Lebby came on the board he headed up the operating committee and said we are doing 1 Gig, 10 Gig then the 25 Gig Single Mode Modulator to show the industry how we can modify our polymers to perform and scale. As of Last week we Just checked that Box. The Material WORKS.

Elevator Pitch - - - A Cheap Patented Plastic made in a test tube and dropped or sprayed on Silicon that is compatible with the entire CMOS process, will be used to convert Data to Light Waves using minute amounts of electricity and does not require cooling (a very green technology) . Similar to and Intel inside TM.

Oh the data center thing, data centers are getting bigger and bigger buying up all the real-estate around and they need something that can move the data around in a single mode form (distances are too far for multi mode). That is the initial target market for Lightwaves entrance into the market.

The uses for this technology are far too numerous to note but some are obvious like Millitary, Medical, Data Communications, Telecommunications, Gaming and on and on Literally 10’s if not hundreds of Billions of dollars may very well rely on this goo that will be inside doing the work but for now just focus the 2km data center market at 1 Dollar per Gig.

http://lightwavelogic.com/wp-content/uploads/2016/03/PICconferenceDraftVer12.pdf
Slide 47

As Z says Leonberger, Lebby and Miller can wax eloquently for hours talking about this, they are highly respected and can command an audience with anyone in the industry.

Fortune 500’s and Academia have tried, so I’m sure there is much doubt in the industry as to how such a small company could do this, but look at the talent, over the years I’ve watched, listened, questioned from every possible logical angle and I’m convinced that they did it.

I have no doubt that we will see a partnership soon or will simply be bought out. The industry needs a solution and it needs it soon. A Billion or two (do I here 5?) is peanuts for some of these companies.

OH as for how they fund operations the was an initial PP years ago (that I missed out on) and many others along the way, then LPC has been brought in (many do not understand it and because of that they are scared of it) they basically act as a middleman Lightwave sells them shares at a discount and they sell them on the market, there is a built in profit for them. As soon as Lightwave has a cash cow partner that will be close that out currently they own about 5 Per Cent and will do everything in their power to see maximum return on that core position, many do not quite Get That. Lightwave always keeps about 6 months of cash on hand Marcelli watches the money very close and is great at that, they always keep just enough on hand so they can concentrate on the actual business.

OK Now Lightwave HAS JUST Turned a New Page, I think we will begin to See Lebby, Leonberger and Possibly Miller tap someone on the shoulder to form something bigger. Let’s see, oh and yes some criticize me for being too positive and forward thinking, so I apologize also to them.



X

The Bottom Line is if nobody with a large position sells to them (on the cheap) or no one “lends them” shares then they will need to cover, they have few days so this may take some time. On a thinly Traded Stock like this, If news comes out it can get pretty brutal for them.

Best of Luck to All.

X

FAQ's Short Selling

Sorry no time to HIghlite

IV. Answers to Frequently-Asked Questions from Investors

1. Is all “naked” short selling abusive or illegal?

When considering “naked” short selling, it is important to know which activity is the focus of discussion.
• Selling stock short without having located stock for delivery at settlement. This activity would violate Regulation SHO, except for short sales by market makers engaged in bona fide market making. Market makers engaged in bona fide market making do not have to locate stock before selling short, because they need to be able to provide liquidity. However, market makers are not excepted from Regulation SHO’s close-out and pre-borrow requirements.
• Selling stock short and failing to deliver shares at the time of settlement. Rule 204 requires firms that clear and settle trades to deliver securities to a registered clearing agency for clearance and settlement on a long or short sale in any equity security by the settlement date or to take action to close out failures to deliver by borrowing or purchasing securities of like kind and quantity by no later than the beginning of regular trading hours on T+4 for short sale fails or T+6 for long sale fails and fails attributable to bona fide market making. If a firm that clears and settles trades has a failure to deliver that is not closed out by the beginning of regular trading hours on T+4 or T+6, as applicable, the firm has violated Rule 204 and the firm, and any broker-dealer from which it receives trades for clearance and settlement, is subject to the pre-borrow requirement for that security.
• Selling stock short without having located stock for delivery at settlement and failing to deliver shares at the time of settlement. This activity may violate Regulation SHO’s locate and close-out requirements, as explained above. In addition, in fall 2008 the Commission adopted Rule 10b-21, referred to as the “naked” short selling antifraud rule. Those who deceive about their intention or ability to deliver securities in time for settlement are committing fraud, in violation of Rule 10b-21, when they fail to deliver securities by the settlement date.
• Selling stock short and failing to deliver shares at the time of settlement with the purpose of driving down the security’s price. This manipulative activity, in general, would violate various securities laws, including Rule 10b-5 under the Exchange Act.

2. Is “naked” short selling the reason my stock has lost value?

Investors should always use caution before investing in high-risk, speculative stocks, especially with regard to their retirement portfolios, because all stocks may decline in value. There are many reasons why a stock may decline in value. The value of a stock is determined by the basic relationship between supply and demand. If many people want a stock (demand is high), then the price will rise. If a few people want a stock (demand is low), then the price will fall. The main factor determining the demand for a stock is the quality of the company itself. If the company is fundamentally strong, that is, if it is generating positive income, its stock is less likely to lose value.

Speculative stocks, such as microcap stocks, often have a high probability of declining in value and a low probability of experiencing above average gains.[12] For example, investors should take extra care to thoroughly research any company not listed for trading on a national securities exchange, including companies which are closely held, extremely small or thinly traded.[13] Such companies may not meet the minimum listing requirements for trading on a national securities exchange, such as the New York Stock Exchange or the Nasdaq Stock Market. Many of these companies do not file periodic reports or audited financial statements with the SEC, making it very difficult for investors to find reliable, unbiased information about those companies.

There also may be instances where a company insider or paid promoter provides false and misleading excuses for why a company’s stock price has recently decreased. For instance, these individuals may claim that the price decrease is a temporary condition resulting from the activities of “naked” short sellers. The insiders or promoters may hope to use this misinformation to move the price back up so they can dump their own stock at higher prices. Often, the price decrease is a result of the company’s poor financial situation rather than the reasons provided by the insiders or promoters.

“Naked” short selling, however, can have negative effects on the market. Fraudsters may use “naked” short selling as a tool to manipulate the market. Market manipulation is illegal.[14] The SEC has toughened its rules including through the adoption of Rule 10b-21 in 2008, referred to as the “naked” short selling antifraud rule, and is vigilant about taking actions against alleged wrongdoers.[15]

Failures to deliver that persist for an extended period of time may result in a significantly large unfulfilled delivery obligation at the clearing agency where trades are settled. Regulation SHO is intended to reduce the number of potential failures to deliver, and limit the time in which a broker can permit a failure to deliver to persist. For instance, as explained above, Regulation SHO generally requires firms that clear and settle trades to close out a failure to deliver resulting from a short sale by the beginning of regular trading hours on T+4.

3. Do all failures to deliver reflect improper activity? After adoption of Rule 204, why are there still failures to deliver?

A failure to deliver occurs when a broker-dealer fails to deliver securities to the party on the other side of the transaction on the settlement date. There are many justifiable reasons why broker-dealers do not or cannot deliver securities on the settlement date. A broker-dealer may experience a problem that is either unanticipated or is out of its control, such as (1) delays in customers delivering their shares to a broker-dealer, (2) the inability to obtain borrowed shares in time for settlement, (3) issues related to the physical transfer of securities, or (4) the failure of a broker-dealer to receive shares it had purchased to fulfill its delivery obligations. Failures to deliver can result from both long and short sales.

Regulation SHO was designed to target potentially problematic failures to deliver. Prevention of fails is the goal of the locate requirement. Regulation SHO requires broker-dealers to identify a source of borrowable stock before executing a short sale in any equity security with the goal of reducing the number of situations where stock is unavailable for settlement. But, because the locate is usually done three days before settlement, the stock may not be available from the source at the time of settlement, possibly resulting in a fail.

Regulation SHO also requires firms that clear and settle trades to take action to close out failures to deliver by borrowing or purchasing securities of like kind and quantity. For short sale transactions, failures to deliver must be closed out by no later than the beginning of regular trading hours on the settlement day following the settlement date, referred to as T+4. For long sale transactions or bona fide market making activities, failures to deliver must be closed out by no later than the beginning of regular trading hours on the third settlement day following the settlement date, referred to as T+6.

Rule 204 provides an extended period of time to close out certain failures to deliver. Specifically, if a failure to deliver position results from the sale of a security that a person is deemed to own and that such person intends to deliver as soon as all restrictions on delivery have been removed, the firm has up to 35 calendar days following the trade date to close out the failure to deliver position by purchasing securities of like kind and quantity. Such additional time is warranted and does not undermine the goal of reducing failures to deliver because these are sales of owned securities that cannot be delivered by the settlement date due solely to processing delays outside the seller’s or broker-dealer’s control. Moreover, delivery is required to be made on such sales as soon as all restrictions on delivery have been removed and situations where a person is deemed to own a security are limited to those specified in Rule 200 of Regulation SHO. A common example of a deemed to own security that cannot be delivered by the settlement date is a security subject to the resale restrictions of Rule 144 under the Securities Act of 1933.

4. What is meant by T+3?

Generally, investors must complete or settle their security transactions within three business days. This settlement cycle is known as “T+3,” shorthand for “trade date plus three days.”

T+3 means that when you buy a security, your payment must be received by your brokerage firm no later than three business days after the trade is executed. When you sell a security, you must deliver your securities, in certificated or electronic form, to your brokerage firm no later than three business days after the sale.

The three-day settlement date applies to most security transactions, including stocks, bonds, municipal securities, mutual funds traded through a brokerage firm, and limited partnerships that trade on an exchange. Government securities and stock options settle on the next business day following the trade.[16]

Delivery on sales should be made by the settlement date. Under Rule 204, firms that clear and settle trades must deliver securities to a registered clearing agency for clearance and settlement on a long or short sale in any equity security by the settlement date or must take immediate action to close out failures to deliver by no later than the beginning of regular trading hours on T+4 (for short sales) or T+6 (for long sales and fails attributable to bona fide market making).

5. After adoption of Rule 204, why are there still threshold securities and why is there still a threshold securities close-out requirement?

Even after adoption of Rule 204, failures to deliver may occur in certain circumstances. The appearance of a security on a threshold list does not necessarily mean that there has been abusive “naked” short selling or any impermissible trading in the stock. Delivery failures can be caused by both long and short sales. In addition, notwithstanding actions by broker-dealers to close out delivery failures, certain securities may remain on an SRO’s[17] threshold securities list for a variety of legitimate reasons, such as:
• Despite proper action to close out fails, new delivery failures from long or short sales, at the same or other broker-dealers, result in the security staying on the threshold list;
• One or more broker-dealers may have temporary but legitimate problems in obtaining the stock they borrowed in time for delivery;
• Long sellers may have difficulty in producing stock in good deliverable form to their broker-dealer.

Rule 203(b)(3) applies to fails to deliver in threshold securities if the participant’s fails to deliver persist for 13 consecutive settlement days. Although as a result of compliance with Rule 204, generally a participant’s fail to deliver positions will not remain for 13 consecutive settlement days, if, for whatever reason, a participant of a registered clearing agency has a fail to deliver position at a registered clearing agency in a threshold security for 13 consecutive settlement days, the requirement to close-out such position under Rule 203(b)(3) remains in effect.

6. Do the issuers of threshold securities have "problems?"

Inclusion on the threshold list simply indicates that the aggregate failures to deliver in an issuer's equity securities have reached the level required to become a “threshold security” as defined in Regulation SHO. Inclusion on the list should not be interpreted as connoting anything negative about the particular issuer.

7. Will close-out purchases required by Regulation SHO drive up a security’s price?

Close-out purchases of stock will not necessarily drive up prices of such stocks. One of the primary purposes of Regulation SHO is to clean up open fail positions, but not to cause short squeezes. The term “short squeeze” refers to the pressure on short sellers to cover their positions as a result of sharp price increases or difficulty in borrowing the security the sellers are short. The rush by short sellers to cover produces additional upward pressure on the price of the stock, which then can cause an even greater squeeze. Although some short squeezes may occur naturally in the market, a scheme to manipulate the price or availability of stock in order to cause a short squeeze is illegal.

8. Where can I obtain information on short sales?

To increase the transparency surrounding short sale transactions, several SROs are providing on their websites daily aggregate short selling volume information for individual equity securities. The SROs are also providing website disclosure on a one-month delayed basis of information regarding individual short sale transactions in all exchange-listed equity securities. Hyperlinks to short sale data provided by specific SROs are provided at the following website: http://www.sec.gov/answers/shortsalevolume.htm.

The SROs also publish monthly statistics on short interest in securities that trade on their markets. Short interest is the aggregate number of open short sale positions. Short interest does not address the number of failures to deliver that may have occurred or may occur in connection with these short sales.

Short interest for NYSE stocks can be found at: http://www.nyxdata.com/nysedata/default.aspx?tabID=748.

Short interest for Nasdaq stocks can be found at: http://www.nasdaqtrader.com/Trader.aspx?id=ShortInterest.

Short interest for over-the-counter equity securities can be found at: http://otce.finra.org/ESI.

There also are many commercial websites and some newspapers that offer this information. If you enter the words “short interest” into most Internet search engines, you’ll quickly find websites that can provide this information.

9. Where can I obtain fails information?

The Commission publishes on its website failures to deliver data for all equity securities, regardless of the fails level, twice per month. For current failures to deliver information, see http://www.sec.gov/foia/docs/failsdata.htm.

10. Where can I find threshold lists?

Threshold securities are included on a list disseminated by an SRO. If a threshold security is listed on more than one market system, the SROs have agreed that the security will appear only on the threshold list of the SRO that maintains the primary listing. FINRA publishes a list of OTC threshold securities. You can obtain SRO threshold lists at the following websites:

The Nasdaq Stock Market LLC
http://www.nasdaqtrader.com/Trader.aspx?id=RegSHOThreshold

New York Stock Exchange LLC, NYSE MKT LLC and NYSE Arca, Inc.
https://www.nyse.com/regulation/threshold-securities

Chicago Stock Exchange, Inc. (CHX)
http://www.chx.com/trading-information/threshold-securities/

BATS Exchange, Inc.
http://batstrading.com/market_data/reg_sho_threshold_list/

FINRA
http://otce.finra.org/RegSHO

Other national securities exchanges that are not the primary listing exchange for any securities at this time are currently not publishing threshold securities lists.

Currently, threshold lists include the name and ticker symbol of securities that meet the threshold level on a particular settlement date. Some investors have requested that the SROs provide more detailed information for each threshold security, including the name of the broker-dealer firm responsible for the fails and the names of the customers of responsible brokers and dealers responsible for the short sales. The fails statistics of individual firms and customers is proprietary information and may reflect firms’ trading strategies.

11. I read on an internet chat room or website that a specific security has a large number of fails; are these sources reliable?

Investors can and should verify the number of failures to deliver in a specific security by checking publicly available data on failures to deliver. The Commission publishes on its website failures to deliver data for all equity securities, regardless of the fails level, twice per month. For current failures to deliver information, see http://www.sec.gov/foia/docs/failsdata.htm.

Investors should always be cautious that issuers, promoters, or shareholders may be seeking to stimulate buying interest by making false, misleading or unfounded statements in internet chat rooms or other such forums about alleged large “naked” short positions in some smaller issuers. Some individuals may encourage other investors to buy these issuers’ securities by claiming that there will be an imminent short squeeze, in which the alleged “naked” short sellers will be forced to cover open short positions at increasing prices. These claims in fact may be false.

The Commission’s Office of Investor Education and Assistance has made available publications on the Commission’s website (http://www.sec.gov/investor.shtml) that provide helpful guidance on the securities markets and sales and trading practices, including short selling. The Office of Investor Education and Advocacy has also established a website dedicated to retail investors, http://investor.gov/. Investors and prospective investors should be cautious of rumors on chat rooms where the intent of nameless and faceless computer users is in doubt.

12. Where can I find information on specific issuers or securities?

To find information on issuers and securities, see http://www.sec.gov/investor/pubs/easyaccess.htm. Information on researching public companies is also available at http://investor.gov/researching-managing-investments/researching-investments.

13. Does NSCC’s stock borrow program create “counterfeit shares?”

NSCC’s stock borrow program, as approved by the Commission, permits NSCC to borrow securities from its participants for the purpose of completing settlements only if participants have made those securities available to NSCC for this purpose and those securities are on deposit in the participant’s account at DTC.

14. Where can I submit information on potential violations of the federal securities laws?

If you have specific enforcement-related information, please see http://www.sec.gov/complaint/tipscomplaint.shtml for information on how to submit a complaint. You may also call 1-800-SEC-0330.

15. Where can I find information on investigations or enforcement actions pending against specific issuers or regarding specific securities?

As a policy, the SEC will neither confirm nor deny the existence of an investigation unless, and until, it becomes a matter of public record as the result of a court action or administrative proceeding. SEC investigations are conducted on a non-public and confidential basis to help assure the integrity of the investigative process. See http://www.sec.gov/complaint/tipscomplaint.shtml for more information on how the Commission handles complaints.

To view enforcement actions that the Commission has taken, see http://www.sec.gov/litigation/litreleases.shtml.

V. Reporting Alleged Abusive “Naked” Short Selling Activity

The markets and the SROs are primarily responsible for the surveillance and enforcement of trading activity pursuant to their rules. The SEC, however, independently or in conjunction with the SROs and other regulatory authorities, actively investigates and prosecutes violations of the federal securities laws.

The SEC takes information alleging violations of the federal securities laws very seriously. If you have specific enforcement-related information, please submit the information at http://www.sec.gov/complaint/tipscomplaint.shtml. Please note, however, the SEC will neither confirm nor deny the existence of an investigation unless, and until, it becomes a matter of public record as the result of a court action or administrative proceeding. As you may also be aware, SEC investigations are conducted on a non-public and confidential basis to help assure the integrity of the investigative process. See http://www.sec.gov/complaint/info_tipscomplaint.shtml for more information on how the Commission handles complaints.

VI. Regulation SHO – Releases and Other Guidance

The final adopting release for Regulation SHO and other key documents relating to short sale regulation, such as the “Frequently Asked Questions Regarding Regulation SHO” published by the Staff of the Division of Trading and Markets, are available on the Commission’s website at: http://www.sec.gov/spotlight/shortsales.htm.

VII. Who Do I Contact If I Have Questions about Regulation SHO?

Individual investors who have comments or information should feel free to contact the SEC’s Office of Investor Education and Assistance at 1-800-SEC-0330 or (202) 942-7040. Investors can also file complaints at http://www.sec.gov/complaint/tipscomplaint.shtml.





[1] For more information on short sales, see http://www.sec.gov/answers/shortsale.htm.


[2] For information regarding margin, please see http://www.sec.gov/answers/margin.htm.


[3] For more information on the three-day settlement period, also known as “T+3,” see http://www.sec.gov/answers/tplus3.htm and http://www.sec.gov/investor/pubs/tplus3.htm.


[4] For more information about market making, see http://www.sec.gov/answers/mktmaker.htm and http://www.sec.gov/answers/specialist.htm.


[5] See Exchange Act Release No. 55970 (Jun. 28, 2007), 72 FR 36348 (Jul. 3, 2007); Exchange Act Release No. 56212 (Aug. 7, 2007), 72 FR 45544 (Aug. 14, 2007); Exchange Act Release No. 58775 (Oct. 14, 2008), 73 FR 61690 (Oct. 17, 2008); Exchange Act Release No. 60388 (July 27, 2009), 74 FR 38266 (July 31, 2009); Exchange Act Release No. 61595 (Feb. 26, 2010), 75 FR 11232 (Mar. 10, 2010).


[6] Under the rule, an order can be marked “long” when the seller owns the security being sold and the security either is in the physical possession or control of the broker-dealer, or it is reasonably expected that the security will be in the physical possession or control of the broker or dealer no later than settlement. However, if a person does not own the security, or owns the security sold but it is not reasonably expected that the security will be in the possession or control of the broker-dealer prior to settlement, the sale should be marked “short.” The sale could be marked “short exempt” if the seller is entitled to rely on an exception from the short sale price test circuit breaker.


[7] Broker-dealers engaged in bona fide market making are excepted from having to borrow or arrange to borrow shares due to their potential need to facilitate customer orders in fast-moving markets without possible delays associated with complying with Regulation SHO. For instance, as explained above, they may be required by their market making obligations to sell short in situations where it may be difficult to quickly locate and borrow securities. However, this exception is limited. For example, bona fide market making does not include activity that is related to speculative selling strategies or investment purposes of the broker-dealer or that is disproportionate to the usual market making patterns or practices of the broker-dealer in that security. Further, bona fide market making does not include transactions whereby a market maker enters into an arrangement with another broker-dealer or customer in an attempt to use the market maker’s exception for the purpose of avoiding compliance with the locate requirement in Regulation SHO by the other broker-dealer or customer.


[8] Clearing Agencies are self-regulatory organizations that are required to register with the Commission. See http://www.sec.gov/divisions/marketreg/mrclearing.shtml and www.dtcc.com for more information about the clearance and settlement process and DTCC. A participant of a clearing agency means any person or firm, such as a broker-dealer, that uses a clearing agency to clear and settle securities transactions or to transfer, pledge, lend, or hypothecate securities. It does not include a person or firm whose only use of a clearing agency is (a) through another person or firm that is a participant or (b) as a pledgee of securities. Section 3(a)(24) of the Exchange Act, 15 U.S.C. 78c(a)(24).


[9] Introducing brokers are typically brokers that perform all the functions of a broker except for the ability to accept money, securities, or property from a customer. They are usually not participants of registered clearing agencies and do not perform clearance and settlement functions. See Footnote 9 for more information about participants of a clearing agency.


[10] Settlement day means any business day on which deliveries of securities and payments of money may be made through the facilities of a registered clearing agency.


[11] Under Regulation SHO, threshold securities only include issuers registered or required to file reports with the Commission (“reporting companies”). FINRA Rule 4320 applies threshold close-out requirements to non-reporting securities.


[12] See http://www.sec.gov/investor/pubs/microcapstock.htm for more information.


[13] Many of these stocks are also considered “penny stocks.” See http://www.sec.gov/answers/penny.htm. Because penny stocks are generally risky investments, before a broker-dealer can sell a penny stock, SEC rules require the firm to first approve the customer for the transaction and receive from the customer a written agreement to the transaction. The firm must furnish the customer a document describing the risks of investing in penny stocks. The broker-dealer must tell the customer the current market quotation, if any, for the penny stock and the compensation the firm and its broker will receive for the trade. Finally, the firm must send monthly account statements showing the market value of each penny stock held in the customer’s account.


[14] The Commission brought an enforcement action against certain parties, alleging manipulative “naked” short selling, in a scheme sometimes termed as a “death spiral.” See Rhino Advisors, Inc. and Thomas Badian, Lit. Rel. No. 18003 (February 27, 2003) at http://www.sec.gov/litigation/litreleases/lr18003.htm.


[15] See In the Matter of Gonul Colak and Milen K. Kostov, Exchange Act Release No. 71461 (Jan. 31, 2014) (settled administrative proceeding), available at http://www.sec.gov/litigation/admin/2014/33-9522.pdf; In the Matter of optionsXpress, et al., Admin. Proc. File No. 3-14848 (June 7, 2013), available at http://www.sec.gov/alj/aljdec/2013/id490bpm.pdf; In the Matter of Jeffrey Wolfson, et al., Exchange Act Release No. 67450 (July 17, 2012) (settled administrative proceeding) available at http://www.sec.gov/litigation/admin/2012/34-67450.pdf; In the Matter of Jeffrey Wolfson, et al., Exchange Act Rel. No. 67451 (July 17, 2012) (settled administrative proceeding) available at http://www.sec.gov/litigation/admin/2012/34-67451.pdf; In the Matter of Gary S. Bell, Exchange Act Release No. 65941 (Dec. 13, 2011) (settled administrative proceeding), available at http://sec.gov/litigation/admin/2011/34-65941.pdf; In the Matter of Rhino Trading, LLC, Fat Squirrel Trading Group, LLC, Damon Rein, and Steven Peter, Exchange Act Release No. 60941 (Nov. 4, 2009) (settled administrative proceeding), available at http://www.sec.gov/litigation/admin/2009/34-60941.pdf; In the Matter of Hazan Capital Management, LLC and Steven M. Hazan, Exchange Act Release No. 60441 (Aug. 5, 2009) (settled administrative proceeding) available at http://www.sec.gov/litigation/admin/2009/34-60441.pdf; In the Matter of TJM Proprietary Trading, LLC, et al., Exchange Act Release No. 60440 (Aug. 5, 2009) (settled administrative proceeding) available at http://www.sec.gov/litigation/admin/2009/34-60440.pdf.


[16] For more information about T+3, see http://www.sec.gov/investor/pubs/tplus3.htm.


[17] A self-regulatory organization is a membership-based organization that creates and enforces rules for its members based on the federal securities laws. SROs, which are overseen by the SEC, are the front line in regulating broker-dealers. See http://investor.gov/introduction-markets/how-markets-work/market-participants#.VFuPujZOncs for more information.



http://www.sec.gov/investor/pubs/regsho.htm

From the SEC Short Sales Reg SHO

Again people fear what they do not understand,

Key Points About Regulation SHO

I. Short Sales

A. What is a short sale?

A short sale is generally the sale of a stock you do not own (or that you will borrow for delivery).[1] Short sellers believe the price of the stock will fall, or are seeking to hedge against potential price volatility in securities that they own.

If the price of the stock drops, short sellers buy the stock at the lower price and make a profit. If the price of the stock rises, short sellers will incur a loss. Short selling is used for many purposes, including to profit from an expected downward price movement, to provide liquidity in response to unanticipated buyer demand, or to hedge the risk of a long position in the same security or a related security.
B. Example of a short sale.

For example, an investor believes that there will be a decline in the stock price of Company A. Company A is trading at $60 a share, so the investor borrows shares of Company A stock at $60 a share and immediately sells them in a short sale. Later, Company A’s stock price declines to $40 a share, and the investor buys shares back on the open market to replace the borrowed shares. Since the price is lower, the investor profits on the difference -- in this case $20 a share (minus transaction costs such as commissions and fees). However, if the price goes up from the original price, the investor loses money. *Unlike a traditional long position — when risk is limited to the amount invested — shorting a stock leaves an investor open to the possibility of unlimited losses, since a stock can theoretically keep rising indefinitely.*

C. How does short selling work?

Typically, when you sell short, your brokerage firm loans you the stock. The stock you borrow comes from either the firm’s own inventory, the margin account of other brokerage firm clients, or another lender. As with buying stock on margin,[2] your brokerage firm will charge you interest on the loan, and you are subject to the margin rules. If the stock you borrow pays a dividend, you must pay the dividend to the person or firm making the loan.

D. Are short sales legal?

Although the vast majority of short sales are legal, abusive short sale practices are illegal. For example, it is prohibited for any person to engage in a series of transactions in order to create actual or apparent active trading in a security or to depress the price of a security for the purpose of inducing the purchase or sale of the security by others. Thus, short sales effected to manipulate the price of a stock are prohibited.

II. “Naked” Short Sales

*In a “naked” short sale, the seller does not borrow or arrange to borrow the securities in time to make delivery to the buyer within the standard three-day settlement period.*[3] As a result, the seller fails to deliver securities to the buyer when delivery is due (known as a “failure to deliver” or “fail”).

Failures to deliver may result from either a short or a long sale. There may be legitimate reasons for a failure to deliver. For example, human or mechanical errors or processing delays can result from transferring securities in physical certificate rather than book-entry form, thus causing a failure to deliver on a long sale within the normal three-day settlement period. A fail may also result from “naked” short selling. *For example, market makers who sell short thinly traded, illiquid stock in response to customer demand may encounter difficulty in obtaining securities when the time for delivery arrives.*

*“Naked” short selling is not necessarily a violation of the federal securities laws* or the Commission’s rules. Indeed, in certain circumstances, “naked” short selling contributes to market liquidity. For example, broker-dealers that make a market in a security[4] generally stand ready to buy and sell the security on a regular and continuous basis at a publicly quoted price, even when there are no other buyers or sellers. *Thus, market makers must sell a security to a buyer even when there are temporary shortages of that security available in the market. This may occur, for example, if there is a sudden surge in buying interest in that security, or if few investors are selling the security at that time.* Because it may take a market maker considerable time to purchase or arrange to borrow the security, a market maker engaged in bona fide market making, *particularly in a fast-moving market, may need to sell the security short without having arranged to borrow shares. This is especially true for market makers in thinly traded, illiquid stocks as there may be few shares available to purchase or borrow at a given time.*

III. Regulation SHO

Compliance with Regulation SHO began on January 3, 2005. Regulation SHO was adopted to update short sale regulation in light of numerous market developments since short sale regulation was first adopted in 1938 and to address concerns regarding persistent failures to deliver and potentially abusive “naked” short selling.

Due to continued concerns about failures to deliver, and to promote market stability and preserve investor confidence, the Commission has amended Regulation SHO several times since 2005 to eliminate certain exceptions, strengthen certain requirements and reintroduce the price test restriction.[5]

As initially adopted, Regulation SHO included two major exceptions to the close-out requirement: the “grandfather” provision and the “options market maker” exception. Due to continued concerns about failures to deliver, and the fact that the Commission continued to observe certain securities with failure to deliver positions that were not being closed out under then existing requirements,* in 2007 the Commission eliminated the “grandfather”* provision and in 2008 the Commission eliminated the “options market maker” exception.

In addition, the Commission adopted temporary Rule 204T in 2008 and final Rule 204 in 2009, which strengthened further the close-out requirements of Regulation SHO by applying close-out requirements to failures to deliver resulting from sales of all equity securities and *reducing the time-frame within which failures to deliver must be closed out.*

In 2010, the Commission adopted Rule 201 of Regulation SHO. Rule 201 restricts the price at which short sales may be effected when a stock has experienced significant downward price pressure. Rule 201 is designed to prevent short selling, including potentially manipulative or abusive short selling, from driving down further the price of a security that has already experienced a significant intra-day price decline (occurring withinin one day), and to facilitate the ability of long sellers to sell first upon such a decline.


Regulation SHO’s four general requirements are summarized below:

Rule 200 – Marking Requirements. Rule 200 requires that orders you place with your broker-dealer must be marked “long,” “short,” or “short exempt.”[6]

Rule 201 – Short Sale Price Test Circuit Breaker. Rule 201 generally requires trading centers to establish, maintain, and enforce written policies and procedures that are reasonably designed to prevent the execution or display of a short sale at an impermissible price when a stock has triggered a circuit breaker by experiencing a price decline of at least 10 percent in one day. *Once the circuit breaker in Rule 201 has been triggered, the price test restriction will apply to short sale orders in that security for the remainder of the day and the following day, unless an exception applies.*

Rule 203(b)(1) and (2) – Locate Requirement. Regulation SHO requires a broker-dealer to have reasonable grounds to believe that the security can be borrowed so that it can be delivered on the date delivery is due before effecting a short sale order in any equity security.[7] This “locate” must be made and documented prior to effecting the short sale.

Rule 204 – Close-out Requirement. Rule 204 requires brokers and dealers that are participants of a registered clearing agency[8] to take action to close out failure to deliver positions. Closing out requires the broker or dealer to purchase or borrow securities of like kind and quantity. *The participant must close out a failure to deliver for a short sale transaction by no later than the beginning of regular trading hours on the settlement day following the settlement date, referred to as T+4.* If a participant has a failure to deliver that the participant can demonstrate on its books and records resulted from a long sale, or that is attributable to bona fide market making activities, the participant must close out the failure to deliver by no later than the beginning of regular trading hours on the third consecutive settlement day following the settlement date, referred to as T+6. If the position is not closed out, the broker or dealer and any broker or dealer for which it clears transactions (for example, an introducing broker)[9] may not effect further short sales in that security without borrowing or entering into a bona fide agreement to borrow the security (known as the “pre-borrowing” requirement) until the broker or dealer purchases shares to close out the position and the purchase clears and settles. In addition, Rule 203(b)(3) of Regulation SHO requires that participants of a registered clearing agency must immediately purchase shares to close out failures to deliver in securities with large and persistent failures to deliver, referred to as “threshold securities,” if the failures to deliver persist for 13 consecutive settlement days.[10] Threshold securities are equity securities[11] that have an aggregate fail to deliver position for five consecutive settlement days at a registered clearing agency (e.g., National Securities Clearing Corporation (NSCC)); totaling 10,000 shares or more; and equal to at least 0.5% of the issuer's total shares outstanding. As provided in Rule 203 of Regulation SHO, threshold securities are included on a list disseminated by a self-regulatory organization (“SRO”). Although as a result of compliance with Rule 204, generally a participant’s fail to deliver positions will not remain for 13 consecutive settlement days, if, for whatever reason, a participant of a registered clearing agency has a fail to deliver position at a registered clearing agency in a threshold security for 13 consecutive settlement days, the requirement to close-out such position under Rule 203(b)(3) remains in effect.

It appears that in their haste to sell shares today the MM’s may have themselves in a small pickle.

653,234 shares Today and there were 169765 yesterday sold Short per the Reg SHO. Yes granted it is usually about 1/3 the volume, but the volume was nuts today. So that is about 800k shares that they need to come up with somehow guys, IMO that is why we saw the decline, eventually they must cover those and it is better to buy them cheap, hence the run to about $1.10. I bet they tripped a few stop losses and they tumbled it down just like they worked up with Walters buddies buy order. I think it will be interesting to watch but again with normal volume that is not going to be easy. There are only a handful of shareholders that could lend them that many and I don’t think that at this time they will do it, so let’s see what happens. If they contact me I’ll post it.

Round and Round we go.

I say if you need shares, buy them tomorrow, logic dictates that the majority of the folks buying today are buying for the long term and did not buy them at $1.40 ish to sell at $1.20 the same day. Honestly though even if the MM’s would take a haircut of a few Hundred Thousand Bucks it is peanuts to them.

Looking forward to an exciting couple of weeks leading up to the Shareholder’s meeting.

It is all about the science, Cheap, Super fast Plastic that is compatible with silicon using less energy.

This is very interesting to watch.

X

No doubt Fidelity will be contacting me to see if I'd like to give them some shares too short no thank you Spanky

No doubt this is the lunchtime ShakeOut that I was talking about this morning. They sold too many shares on the come

Pit go ahead, copy and paste it.

Thanks

X

Sure send me a link when I get a chance I'll do it.

UM, use the x993231@yahoo.com address.

Thanks
X

Float Lock Down (FLD) basics.

When we talk about the float we are talking about shares that are freely traded on the stock market for a particular stock. The float is the outstanding shares minus any shares that are not available because they are restricted or are being set aside for company purposes.

When we buy and hold stock we are taking shares out of the market and in that process reducing the float or any available shares that may be sold.

When we have effectively bought all of the available shares then the stock is in “Float Lock Down” as MC states in his posts.

Any shares purchased after the Float Lock Down point is reached are shares the market makers do not have so they are either shares that are sold short or they are naked short shares, shares that do not exist.

When this event occurs then the market makers job is to try and free up shares or take the market on that stock to a higher level in order to create sales of shares.

If the market makers try to free up shares then they will do what we call a “shake”. They will take the stock up then short it down in order to create panic or take out stop loss orders and/or take out those individuals who have mental stops in mind.

If people do not sell and hold stock for a higher valuation then the market makers will determine after a period of time to take the stock back up and try to encourage more selling.

The market is based on supply and demand. If the demand outweighs the supply then the market makers try to create an atmosphere for the seller. If there are no sellers then they take the stock to a point where people will sell.

And that my friends is where it gets exciting.

Full disclosure, I googled this and plagiarized it from some cat name Blinton and I think he took it from someone else named cowboy in Monk's den.

X

In other words if nobody sells the market tightens up. Games will be played my friends, put your belt on and don't wuss out, some may need suspenders. When big money moves in professions will make some moves that don't appear to make sense, many will blaim LPC but they are up 6 - 7 figures if you use a buck as their basis in their core account, I think that came down recently I know mine did.

Honestly I could care less about them spending time on a website, I’d rather they spend their time doing whatever they see as a priority. Like a device, preparing for the Share Holders meeting (and no doubt a board meeting) in 2 weeks and hiring whoever it takes to make this succeed as soon as possible. I’m 100 per cent positive that they know more about bringing a product to market than anyone on this board.

I’m very much looking forward to seeing the potential devices and the numbers which honestly until now they didn’t have anyone qualified to evaluate the entire market and know what the order of priorities should be the last study was years ago.

Lebby is a very charismatic speaker and knows his stuff, we are in good hands and will get our name out there.

Oh and Fred Leonberger has made Many a Ton of Cash, there are followers. It makes sense. If someone has done something before, they are more than likely to do it again, after all humans like patterns and rarely like change. He is back in his groove.

Glad to see the shares that I picked picked up and just as important the rollovers completed in the .40 to .60 days doing their thing.

There is a plan and they are no doubt executing it.

“Because the value proposition of our polymer technology is so compelling, we expect to attract enormous interest by potential partners. “ Notice the use of the word “attract”, nice, put out some info and let them come to us, “let me see, I can fit you in next weee, oh no, um, looks like 2 maybe 3 weeks, we’ll get back to you.

The games will be played guys.

No doubt this will be the largest shareholder meeting to date, it will be interesting to see who attends because while anyone can listen personal access to this many at the same time is just about impossible any other time.

Good Luck to all.

Go Buck and a Quarter Baby!

X

Just eat just so you know you can have an order in for a hundred thousand shares and put it as it do not show it's so you don't tip your hand if you want it either by yourself a large quantity yeah the hundred share thing started last week because the volume is picking up I'm pulling up to my appointment so I got a split good luck guys

(Hint) $1.25 would make my calculations so much easier.

If this goes Bananas feel free to copy and paste the 'LWLG Dummies post' so that it jumps back to the top for any newbies, shoot if someone is on another message board go ahead and take it there because this science is so hard to understand and it is so easy to get off looking at something that isn’t the same.

Stability, Scalability and Cost are the keys ya know.
Apples and Oranges thing.


Oh and feel free to correct the grammar and punctuation errors.

After all the majority of us here to do as much as possible to make this succeed.

Thanks,

X

Lightwave Logic For Dummies

The world is consuming Data at a rate that is not sustainable with current technology and it is about to hit a wall and no one knows what will happen when that happens Moores law dictates a doubling every few years. A single individual just watching their dog from home is consuming more bandwidth than an Apollo mission to the moon.

For the most part Today’s computers are using silicon with electrons performing calculations then those electrons are converted with modulators/transceivers to light and then sent down fiber optics and at the other end they are converted back to electricity again with another transceiver. There are 2 different widths of fiber, the larger core (Big Pipe) is Multi mode 850nm ish the wavelengths are very tight /\/\/\/\/\/\ and then there is single mode pretty much almost a straight line ----------- 1310 nm and 1510nm (key). It is important that you understand because when you look at the technology often it will be multimode however within the past year the industry has chosen Single Mode as the Path Forward.

OK so Electrons can only get so close because they bump into each other and interfere so they must be kept apart. They also generate heat and massive cooling (just feel the bottom of your PC) is required so computers are moving to Photons because they are fast and can literally pass through each other without interference. The industry needs a stable material that is compatible with Silicon (and the entire CMOS process) to make the conversion on new Hybrid devices and today’s answer are devices made of Indium Phosphide (InP) and Gallium Arsenide (GaAs) while they are available to anyone this material is very expensive to use and does not scale (ability to reduce the size) to move forward. Lightwave has created a Patented (and some of it IP is held in secret) polymer, therefore the only place it is available is from them, this material is sprayed or spin coated on devices the poled (+ and –‘s lined up). Initially Lightave started out just making the Polymer but it took months a months to test a batch and they needed to 100’s of variations that is important to understand because there was a steep learning curve that many here took as failure, but it was all just part of the process of learning. Anyhow about 5 years ago Lightwave decide to bite the bullet build a chemical lab and a device lab and create their own feedback loop.

So there were steps throughout the evolution here, initially it was in a lab in Newport, then one of the founders had a medical problem I think it was Bim and Marcelli struggled to keep this afloat. Bim was a Dupont guy so he brought this to the attention of his Dupont buddies, they vetted it, basically recreated the process/knowledge that was lost with the founders memory. Anyway Basically A former Vice President of Dupont Polymer (Fasic) and Founder of Dupont thin films Eaton tapped their connections in the chemical world, after a few years they reached out the pharmaceutical industry to help clean up the dirty chromophore. So that is Polymer side basically a titan of the Polymer industry had blessed this. I think it was about this time that Fred Leonberger (Godfather/inventor of todays InP Modulator technology) started looking at this technology he hung around and blessed it. Now The fiber side, The former V.P. of Corning (the worlds largest fiber optic company) Joe Miller Joined another blessing. Oh also the entire time they had Terry Turpin NSA computer guru lending his support. I forget exactly when but we also had Smith of Taser on the board, he brought on Marcelli, then Marcelli moved to the Operating side and Admiral Zelibor took over Jim and Tom did the lab moves Z called for a device to prove that it worked. (When he came one I asked Admiral Z what his greatest accomplishment to date was, I asked he didn’t volunteer it, but he said a call from the Pentigon on 9/11 to take command of a 100 vessel carrier group to the middle east operation enduring freedom was born) Somewhere along the line Michael Lebby was doing a multi million dollar study of the Path Forward for the entire industry,now he has taken over the CEO slot and Just as important is Fred Leonberger (inventor of today’s incumbent technology) after years of guiding them he has decided to move to the Board of Directors and head up the Operations committee. Those 2 moves are huge obviously they have cracked the nut.

Initially when Lebby came on the board he headed up the operating committee and said we are doing 1 Gig, 10 Gig then the 25 Gig Single Mode Modulator to show the industry how we can modify our polymers to perform and scale. As of Last week we Just checked that Box. The Material WORKS.

Elevator Pitch - - - A Cheap Patented Plastic made in a test tube and dropped or sprayed on Silicon that is compatible with the entire CMOS process, will be used to convert Data to Light Waves using minute amounts of electricity and does not require cooling (a very green technology) . Similar to and Intel inside TM.

Oh the data center thing, data centers are getting bigger and bigger buying up all the real-estate around and they need something that can move the data around in a single mode form (distances are too far for multi mode). That is the initial target market for Lightwaves entrance into the market.

The uses for this technology are far too numerous to note but some are obvious like Millitary, Medical, Data Communications, Telecommunications, Gaming and on and on Literally 10’s if not hundreds of Billions of dollars may very well rely on this goo that will be inside doing the work but for now just focus the 2km data center market at 1 Dollar per Gig.

http://lightwavelogic.com/wp-content/uploads/2016/03/PICconferenceDraftVer12.pdf
Slide 47

As Z says Leonberger, Lebby and Miller can wax eloquently for hours talking about this, they are highly respected and can command an audience with anyone in the industry.

Fortune 500’s and Academia have tried, so I’m sure there is much doubt in the industry as to how such a small company could do this, but look at the talent, over the years I’ve watched, listened, questioned from every possible logical angle and I’m convinced that they did it.

I have no doubt that we will see a partnership soon or will simply be bought out. The industry needs a solution and it needs it soon. A Billion or two (do I here 5?) is peanuts for some of these companies.

OH as for how they fund operations the was an initial PP years ago (that I missed out on) and many others along the way, then LPC has been brought in (many do not understand it and because of that they are scared of it) they basically act as a middleman Lightwave sells them shares at a discount and they sell them on the market, there is a built in profit for them. As soon as Lightwave has a cash cow partner that will be close that out currently they own about 5 Per Cent and will do everything in their power to see maximum return on that core position, many do not quite Get That. Lightwave always keeps about 6 months of cash on hand Marcelli watches the money very close and is great at that, they always keep just enough on hand so they can concentrate on the actual business.

OK Now Lightwave is Turning Yet Another Page, I think we will begin to See Lebby, Leonberger and Possibly Miller tap someone on the shoulder to form something bigger. Let’s see, oh and yes some criticize me for being too positive and forward thinking, so I apologize also to them.

I apologize in advance for having things out of order and omitting others that participated, oh and the next day that I do not make a mistake will be my first, the caffeine buz is wearing off now and my ADHD is kicking in, so I’ll stop rambling.

X

Okay so conventional wisdom is day Traders that have made a profit probably bail on a Friday afternoon however if they are aware that a new CEO is taken over on Monday they may hang around.

And so the World Turns

Honestly I don't know but after the shareholders meeting I think we'll all have a better understanding

Agreed and not sure. ( if we see that we would absolutely know) Honestly I think that buying for them is limited to a time frame after full disclosure like a PP, Q, K, S-1 etc.

Gotta spit and get about my day,

X

Isn't the world a funny place, some have rose colored glassed and others, um anti depressants I guess.

Later Taters

At first I was like what Pit didn't get in a dig , then I read the second one. So one thing that my wife always said was this better hit before she dies. So yesterday the first time I checked the price was noonishit and I said to her "looks like lightwave won't be long now so just incase something happens I can check that box, she wasn't ammused. (But today she's laughing about it)

Tuesday night I Congratulated Zelibor on the accomplishment here, thanked him for all the hard work. He returned the compliment thanked the investors for their support and replied that it was because of the "Teams dedication and Great Work".

Can you guys believe that we now have a device that was never in the cards back in the day. Still need packaging and data sheets but I'M super pleased with the progress slow as it may feel to some.

Looking forward to trying to push this above a buck today.

Has anyone ever figured out if you can edit a post made on the mobile app?

Xster Xster read all about it.

Super Fast Cheap Polymer Made in a Test Tube That Is Patented Unlike all of the Other Materials That Occur Naturally Are Expensive and Are Not Scaleable.

Electrons used in computers interfere with each other so they can not get too close, I know its weird but Photons can literally pass through each other.

These guys have invented a plastic that can control Light using Electricity.

Plastic Replacing Silicon but is Compatible with it for the Hybrid Devices as It Changes Over.

Light Replacing Electrons inside of Computers.

Uses Much Less Electricity so it Makes Sense.

Cheap so I Makes Sense that it will succeed.

It has uses in the Medical world as well.

No Doubt This Will Be Bought Out the Question is How Long Before it Happens.

It has taken 12 Years and I’ve been here for the Duration while this sounds like a long time the fortune 500’s spent Billions trying to figure it out but never changed the mindset of trying to make something EO active Stable consequently it always Broke Up.

Lightwave took Stable Polymers and Made the EO Active.

Tried to dumb this down to an 8 grade level so any newbie’s can Understand because this is complex.

Wish I could reread and correct the errors but I have to run to the hospital, Wife hit the floor like a sack of potatoes yesterday and didn’t bounce Lol, oops sorry Honey But You Know Me. No need to post concerns, you can give her those at the SHM. She'll Be Fine. Any of my relatives reading don't let it out yet I'll shoot out a text tonight, I have large family so I don't have time during the day to deal with it, so Art Shhh

Looking forward to 1 Day soon going up 1 Dollar in a Single Day, Mark My Words.

X