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Proly me and I sure as heck don’t think that SPIE has run its course, I’d say that it IS RUNNING its course.
Gig hit a $1.08 today and Lightwave $1.03 not a bad call.
January 18, 5 weeks ago “Sell Gig at $1.70 Buy LWLG at .90, let's see how I do.”
AND TODAY Gig announced that a new company was formed and the investors headed for the hills. Hopefully Gig will announce good news on the Call, Else it goes below a Buck, oh get this the float on Ihub is listed as 20.99 million of only 22.07 million shares, no more low float move the price on a whim, those days are gone.
I wonder who the officers of the new company will be, How it will be funded and how much (if any) the officers will be compensated?
Remember back in the day Gig gave the Lumera shareholders 3 Million Shares for 6 Million Dollars Plus the Secret Recipe to their Super Duper Electro Optic Polymer. Uh do the math 2 bucks, hmmmm
Conference call at 5:00 tomorrow I’m not sure that I’ll be around to listen though.
If these guys hadn't spent years posting numerous false posts about Lightwave Logic I would not take the time to point this out but it looks like the chickens are coming home to roost.
Not that it has anything to do with Lightwave but you may want to take an hour tomorrow to see this, it may help us going forward understand the lingo.
Optical Fibers used in fiber optic communications systems - A Technical Primer
When:
February 25, 2013
Time:
1:00 PM EST / 12:00 PM CST / 10:00 AM PST / 6:00 PM GMT
Over the years multiple types of optical fibers have been developed to meet the demands of a communications society. This session focusses on the types of single-mode and multimode fibers commonly used in fiber optic communication systems (FOCS) and used from premises applications, FTTx installations or high speed long haul systems.
Content includes the evolution of the various types of multimode and single-mode fiber and the various standards groups and their specifications. For those working directly with the fibers a review of intrinsic tolerances for each fiber type is provided. Considerations for those designing systems include the effects and limitations caused by optical dispersion, multimode bandwidth, attenuation and various types of optical multiplexing.
During this webinar you will learn what is important in selecting the correct optical fiber for your application. Information covered will include:
Fiber Characteristics (Bandwidth, dispersion, and attenuation)
Single-mode fiber types
Multimode Fiber types
Fiber Standards
Understanding fiber specifications
http://video.webcasts.com/events/pmny001/viewer/index.jsp?eventid=45450&adid=em
Guys My x993231 Yahoo adress is sending Spam, Ignore any messages, I'm going to change the password.
Powered by Lightwave Logic
1/29/13 2 weeks ago announcing the conference call
“Lightwave Logic, Inc. is a development stage company that is producing prototype electro-optic demonstration devices and is moving toward commercialization of its high-activity, high-stability organic polymers for applications in electro-optical device markets.”
2/12/2013 announcing the delay.
“Lightwave Logic, Inc. is a development stage company that produces prototype electro-optic demonstration devices to commercialize its high-activity, high-stability organic polymers for applications in electro-optical device markets.”
Yup they are producing something, just not sure what. They changed it up for a reason, just not sure what that reason is.
Lol, Sensitive, me? That is one thing that I don’t accused of very often, the softer side of X, ah not so much. Just trying to head off someone causing an issue at the lab.
Guys I do not see Fred Leonberger as running the show, not at all, Joe Miller is probably more active but I think that Tom Z is at the helm and is fully capable of handling himself. Leonberger and Miller are the guys with the connections that can put/bring together the various pieces of the business, they both have connections and the clout to warrant/command/recommend a discussion between Lightwave and some kind of entity, perhaps they might attend an initial meeting or two but after that I don’t see them dealing with day to day ish. Should they look to go that route, Joe and Fred could put together a coalition in a heartbeat to fund this big time (for us, small for others), the fact that we do not see this tells me that they are expecting to get bought out.
IMO on the PR side it would be nice if someone would interview Fred, Terry or Joe or one of their buds that is respected in the business world to explain why Perk is so unique. IMO It is something that is MISSING on the business/investor side here.
I was told by both Jim and Z that dropping by announced that day did not hurt anything but in the future it would not be a good idea because I might see something or someone that I should not see and that could cause them a problem. The security in the lab I’m sure is sufficient. I’m not into causing them problems; I just wanted to see the lab. If anyone wants to see the lab I’m sure if you called a few days in advance they could arrange for a quickie 5 minute tour but IMO I think they have other things to do. Guys we DO NOT want to willingly cause them problems or out facts that they do not want public, believe it or not when I post on the Lightwave board about certain events I try and hint at certain things without coming outright and stating what I think I’ve figured out. I think that we are finally at a point that we’ve all talked about for probably as far back as Genova. Only the lord knows if it will take another 7 years or 7 days. This is very complex science in a very complex world with the haves dealing with the have not’s.
Oh here is funny on, we have a local refinery in Delaware; remember that pipeline from Canada that still has not been approved for environmental reasons? Well the railroads worked their way around not having a pipeline, they recently installed a quick discharge facility and are running 2- 1 mile long trains per day everyday into the refinery. The reason that I bring this up is that IMO Lightwave is dealing with the Titans of industry and the pipeline/railroad reminds me of when Rockefeller build the pipeline that took the railroads out of the picture only to have Scott and Carnegie turn around and try to retaliate and build their own pipeline in the end Rockefeller shut down the railroad, something like that.
Again I’m glad we have Miller and Leonberger onboard because they are very familiar with the corporate games and dealing with small companies. Once again I do not know anything it is just a hunch.
No I did not attend, to be consistent it is what I have been saying for a month or so, my original posts talking about Valentines day were referring to the Companies/Presentations/Devices/Individuals that were lined up to attend the SPIE conference. I'm not going to lay it out on here but what I was trying to put forth in my posts was that IMO things would start to unfold just after the SPIE conference. I have no idea why they delayed the CC but in my mind (as screwed up as it is) we are seeing exactly that playing out. Hey I could be totally wrong, many of you tell me that all the time, these guys are not saying anything, but if you listened to what Intel said last week it sure does jive (for cears "to be consistent with) with what we have been hearing for 2 or 3 years on the LSS front. Hey I'm not selling so why should I walk around with my head down? Optimistic, Yep That Is Me.
Guys I do not KNOW anything for sure, Z put off the call for a reason, remember that the SPIE conference was last week, I’m not going to lay out what I saw but I think that we have a lot more going on than we know and they are not allowed to tell us. During negotiations timing is everything and if you have your back to the wall and are trying to close a deal in a hurry (like for an investors call) you will not get as good of terms as you would if you had more time and possibly more options from other collaborators. Z pushed off the date and to me that is not a big deal. I say the more companies that they are talking to the better the deals we’ll get.
"As much as I hate to delay our call, we have several scheduled meetings with potential customers and collaborators over the next few weeks,,,, " When do you think that these meeting were scheduled? Why were these meeting scheduled all of the sudden? What might have happened? Who might have signed an NDA with them recently? What test might we have finally passed? Is it possible that we have a working device? What might have been demonstrated last week? Who might have attended the conference? Who might have called yesterday? Do we want them working on our call or taking care of business for us?
I do think that if they are tapping LPC that he should have waited a day because as I understand it, if it hits 99 cents you cannot tap the funds on that day. That doesn’t mean that they cannot tap them tomorrow but if my calculations are correct today was the 15 th day or the 3rd draw. If they are not tapping them then IMO it speaks volumes.
Guys we are so close, they have cleaned up the process, can test the stuff in days not months. Except for Lightwaves Perk I still don’t see anything that meets the criteria laid out by Intel in that 2009 article. If Intel is looking for that kind of material don’t you think that other companies are as well? A couple months is not going to hurt us and it gives me a few more weeks before all the ying yang day traders go crazy on us.
All I can say is, can you say SPIE conference, can you say Merger, can you say LSS?
I take this as GREAT news.
X Out
Miller Left Corning in May so he most definitely knows all about this.
"Two years ago, Intel went quiet about its work on integrated silicon photonics. It decided to set up the research group as a standalone business unit with its own profit and loss statement, funded as a venture company operating inside Intel.
Today it announced it is shipping engineering samples of a 100G module along with a connector developed with Corning. No details on the exact cost or power consumption of the device are available, but Intel said they will come with a formal launch, probably within months."
YUP
Last Night…….
Could this be because until this point Perk wasn’t performing consistently? (Now we are at 98.9% purity)
“Ironically, Intel Corp. has not made any presentations to the group despite making a big splash recently by sampling 4x25G silicon photonics products based on a decade of research. It has only sent one engineer to the meetings so far, and that person did not attend on more than half of the meeting days.”
Click through the slide show, My hunch is that there may be a little Perk inside a device or 2.
http://www.eetimes.com/electronics-news/4405142/Slideshow--Facebook-shows-Intel-100GE--ARM-servers?pageNumber=1
I would certainly hope funding of some sort is in order Stevey.
Gotta a few new toys Heading North this afternoon for a long weekend to play in Blizzard, discharge a lil ammo and consume adult beverages. No necessarily in that order.
Have a good weekend; hold the line, our reward is coming. Oh and Yes Invers is on it.
X Out
Agreed, It sounds like the call will be about the business side of things and not the science, we were calling for an update and he is going to give us one. On the business side, uh, A Merger, perhaps, just perhaps that is what he is going to talk about, If he doesn’t talk about the status of the merger an excellent question would be is just how engaged is Fred Leonberger with the board?
I’m trying to keep my expectations low, I hope that they are moving along as planned, hard to say; perhaps some of this volume came from things learned at the SPIE conference. I’m still optimistic because if this science did not hold promise Leonberger would not be here.
Oh I just had a thought, perhaps they are going to talk about a Frickin PR/IR campaign, even if they do not have everything 100% worked out they still should make an effort to reach out to the public.
One Question each, hmm, if you do not have a question and Z does not address these during the call please Feel free to ask one of these. I’ll come up with others I’m sure.
How long does it take to for Babu to produce a batch now?
How long to prepare it for testing?
How long to test?
When can we expect a PR/IR campaign?
Is Joe Miller Engaged?
Is Fred Leonberger spending very much time working with Lightwave?
How is the Security Clearance issue progressing?
I have Zillion science questions but it sounds like this is not about the science.
Did we tap LPC twice in the past 10 days? (perhaps three times by
Did Chuck (the Sales Guy) attend the SPIE conference?
Enough babbling.
Wise you do know that Joe Miller sits on the Board of Directors for Dow Corning don't you. I'm not implying anything other they are well aware that technology.
They also refer to extreme "operating" heat and humidity nothing about CMOS production Temps.
Oops just found something.
" Five runs of solder reflow were performed on another sample to assess the impact that reflow will have on embedded waveguides in the PCB manufacturing environment. The reflow conditions that the sample was subjected to was a 130°C /225°C /260°C /220°C /150 °C profile with the sample at each temperature for 50 -0.04-0.0200.020.040.060.080.105001000150020002500Change In Attenuation (
dB/cm)Time (hours)85%RH/85 C
seconds."
Intel Secs
"While our integration and device optimization efforts continue, the roadmap to operate these devices at > 40 Gb/s with low drive voltage and low power consumption requires the generation of advanced NLO polymers that possess excellent thermal and operational stability (2 hrs @ 250C; 7 yrs @ 100C), large EO activity (r33 > 150 pm/V), low optical loss (< 2 dB/cm), good processibility, and sufficient thermo mechanical strength to withstand the back-end compatible CMOS process flow"
Edit itime is running out
X Out
These pop ups are getting annoying; I’ve sent a message off to Ihub to check out a solution. If they want us to pay for “no pop ups” after we are already paying I’ll move on, does anyone have any suggestions of a good Level II BB site that I can check out? We can always find another BB for free.
Yup Google is wonderful thing but I’m not posting it here and please do not post it when you figure it out. Oh on the Fid el ity front I’m pretty sure th ey are in the game and they are very patient. I’m not going to put it in black and white but I need to watch the trades a little more. If my hunch is correct Nite that $1.09 should get taken out later in the day, if nobody sells we should see $1.16 to $1.19 in short order. Man I cannot imagine watching this all day everyday it would make me crazy.
Again please do not post it when you figure it out, Gates has figured it out I’m sure.
Interesting Fidelities New prospectuses came out today I could not find anything on lightwave but that was there for a reason yesterday.
Is a merger on the horizon, well Tom told us at the annual share holders meeting that he was going to work on one. If we merge with a business already selling widgets that has customers our path will be quicker, especially if that partner is familiar with EO widgets and has patents in place awaiting the material.
I agree with F2, Reverse merger to the nasdaq, that would be speculative gibberish. No I think they may talk about a merger less than 20%, hopefully less than 10% of our shares with a private company. They may talk about the LSS. They may talk about a Gvt. Contract. They may talk about the material, white pages or a device they may talk about a lot of things but I don’t think we should make up things and try to explain the various types of merges and they said a private company not a public nasdaq company. I am far from an expert in this area, I’ve participated in a few but I’m not an expert, I’m not aware of any shells on the Nasdaq, they’d be delisted first and end of up the BB but I don’t know why we are even talking about it.
Honestly I think things are going to unfold over the next 3 weeks, keep your eyes open, culminated by the CC that will explain how the company will work going forward. Again though if we nail the Perkinamine for the LSS, I think that a buyout will soon follow that. IMO The $1.03 trade we saw yesterday I saw coming, 5 days over a buck lowest trade of that day, average of 2 or 3 days closing price, blah blah blah. But if we didn’t tap them that certainly would be telling.
Anyone that doesn’t at least take a small position in this company is crazy because the potential is enormous, if you wait until the specifics, IMO it will be at least double. And I do not think we have until the conference call I think we have until shortly after the SPIE conference sinks in, but hey I could be wrong so if you want to wait to be certain feel free. I think that anyone that sells between now and then needs to have their head examined.
I feel like crap, sick so this may not make any sense and there are probably a zillion typos.
How long before we take out that $3.33 number?
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I think that it will be driven by certain events that they are waiting on; I don’t think that they will have call just to have a call; they will have a call to announce something that is my take on it. I’m not sure that even they know yet.
What is the target outcome here? Well that depends, the ideal target outcome for us to live happily ever after would be for them to sell the Perkinamine to Large system suppliers and create next generation devices to drive the market and become larger than IBM, Intel and Google.
Yeh right.
Then we have reality, IMO what will happen is that as soon they have enough data on Perkinamine that is repeatable, verifiable and predictable AND that information is in the hands of MORE than one fortune 500 (that will lose market share to new devices) then the takeover games will begin. How long that will be is anyone’s guess, we’ve been waiting years for it to happen. They are very close now, but as Buzzy points out we have been very close a number of times. In the past though it would take them weeks to make a batch then send it to a university to characterize then they’d put it in their testing pipeline wait for a few more months only to have them request a tweak. By the time the next batch was made and sent off to a university, or Photon X, or Teng, blah blah blah. Honestly I guess that it would be hard for any Fortune 500 to take us serious with those lengthy delays. Finally they now have the ability to produce a batch and test it the next day in a controlled environment within the same building by the same people. It is very small, very fast and very complex, for example The Perkinamine NR the All optical variety does it’s thing in a fempto second. Hard to comprehend a femtosecond is to a second what a second is to 31 million years. 31 Million years ago was before the internet or global warming and 4 foot penguins ruled New Zealand. Oh wait Nebraska was a desert then, um, hmmm,
The best way to try and value this is to think of biotech drug that is in final testing with the potential to cure multiple ailments like aspirin and have as many uses as Gore-Tex. In fact there are so many uses that for years they had trouble focusing on one specific use and consequently ended up being spread too thin. It appears that the Admiral is correcting that, they are much more focused and IMO companies that don’t step up now will be pushed to the side until one does.
How to value it, who the heck knows, a single use is proly worth 5 bucks a share, others 20 bucks not sure if you add them up or just how that works, do they sell licensing for a single use to multiple companies or license one variety to a single company, I Dunno
IMO soon enough the games will begin Joe Miller (Former Corning SVP) and Fred Leonberger (former JDSU cat) have PLENTY of experience in this area, it is not their first time around the block, I’m sure they flew in a corporate jet numerous time to sit across the table from small companies like this and they of all people understand the potential and how to value this technology so IMO we are in good hands.
IMO when the conference call happens we’ll know more. Typically this company does very little in the way of Investor Relations, I’m curious how did you find out about them?
The ones that Walter is referring to were a 25% sweetener at $1.25. So if you put up $100k you would get 100k restricted shares (could not sell for 1 year) and a warrant for 25k shares at $1.25. IMO most of the money was put in by Longs insuring that the company had money to operate back in the day. Honestly, it is a hassle, not an easy thing to do you need a letter of opinion from an attorney, etc., most that hold warrants are LONG term hold kind of investors, not folks that jump in and out of them market on a whim, so I wouldn't worry about that. Funny after the stock breaks a dollar it looks good, a week ago, not so much. Many investors that do not understand how they work get jealous, speaking from experience I can tell you that rarely do they work out but when they do it is very nice and that is the reason investors like them. It is kind of like backing up your craps betts with the odds bet behind the chips.
Then we have managements shares, I think that if we go north of 2 bucks we’ll see some of those guys exercise. There are many variations out there. This is not what LPC has, LPC is getting them at the street value average 5 day’s blah blah blah closing price. They got their sweetener (restricted shares, 50k I think) up front.
Since you brought it up I think that if we can hit and sustain the $1.50 to $2.00 range there are enough warrants out there to bring in 1 Million possibly 2 Million additional dollars into the coffers.
Lol yes I was reading it and thinking wow ol Trotts has this down and he is far and away better at this than my ish, and then I clicked on the Steve C. blog.
IMO a lot has changed since then Zelibor, Miller and Leonberger are contributing their talents, we now have a source of funding, we are moving towards becomming a device company and driving the market rather than waiting on others, they have finally cleaned up the perkinamineNR to 98.9% pure crystals, they have a nice lab, an onsite state of the art testing facility and can now do in week that which took 3 or 4 months, down to just a couple Universities with which they are working with and it appears that they now have the ability to make “quality thin films” which will open up the door to numerous other devices. They finally found someone with equipment fast enough to measure the Perk NR’s (all-optic) femtosecond response time. They’ve invented Perk Indigo which I think caused the LSS to change the device to use Perk Indigo (electro-optic) which caused additional delay.
I’m not sure which will happen first, a contract from (seemingly) out of blue, a contract with the LSS, a contract on the military intelligence side, an announcement of a merger/acquisition, something slipping out from a group like OPSIS, a device, a new employee or CTO Engineer type….. When the dominos start falling they will happen in quick succession as everyone will need to try and lock up a supply of the next generation material for their devices and do not want to be left behind. Immediately following some decent news I wouldn’t be surprised to see a company like Google or the LSS make a play for us and just take it all and become the master of the Optical Computing Universe. Folks it all comes down the almighty Dollar and inventions like this do not remain in the hands of the small time investors for long. I've been looking at the patents out there and there a ton of device patents but they are all missing the material to make them work.
We have some of the best gray matter and skilled businessman guiding this for us, they are not impressed by private jets or landing them on carriers, no doubt that going forward it will be very interesting.
I’ll like to thank you yoyo’s that ran up the price because I’m going to buy more tomorrow and thanks to the run up I’ll be getting less now. Still thinking that we will know more by Valentine ’s Day, we’ll see, I was obviously off on my merger by the end of the year prediction but if you think about it may be for a good reason ;).
I know we aren't a Delaware corp but it is probably the same. I'd say less than 20%, hopefully less than 10% but it depends on the value the other company can bring to the table. More than 20 we need to vote on it. Off the cuff I don't know the answers to the other questions.
i. Statutory Merger: Stock for Stock
1. Two corporations start as separate legal entities with separate owners. One corporation merges into the other, leaving the corporation being merged into as the sole survivor; or the two corporations can merge into a new corporation formed in the transaction.
2. Del. Gen. Corp. L. § 251 – governs if both parties are Delaware corporations
a. § 251(a) – Authorizes both firms to engage in the transaction
b. § 251(b) – Requires that the board of directors of both firms pass a resolution approving an “Agreement of Merger” and a statement “declaring its advisability.” The agreement states the terms and conditions of the merger and may amend the certificate of incorporation of the survivor.
c. § 251(c) – Requires both constituent corporations to submit the agreement to a shareholder vote. A majority of all the outstanding shares “entitled to vote” must ratify the agreement.
d. § 251(f) – The shareholders of the surviving firm do not have a right to vote on the merger if the rights, preferences, and privileges of their shares survive the merger and if their shares are not diluted by more than a specified amount.
i. The 20 percent rule – The general rule is that the surviving shareholders must hold at least 83 percent of the voting shares, which means that the surviving corporation cannot issue more than 20 percent new stock in the merger.
e. § 251(g) – No shareholder voting is required in specified reorganizations of holding companies or in specified creations of holding company structure, since the transaction does not modify the rights and preferences of the corporation shareholders (holding company exception).
3. Del. Gen. Corp. L. § 253 – (short-form merger) Permits the merger of the subsidiary into the parent (an upstream merger) solely on a resolution of the parent’s board of directors when the parent corporation holds over 90 percent of each class of the subsidiary’s voting stock. The shareholders of neither the subsidiary nor the parent have a right to vote on the transaction (parent-90 percent sub exception).
Sr. V.P. Operationis Resigned on Monday, 8K documenting said resignation was sent via an 8-K after the Bell on Friday.
http://biz.yahoo.com/e/130118/gig8-k.html
It is becoming more and more obvious that Gigs E.O. Polymer is flawed, No Market acceptance, apparently it is too fragile and too unstable, Which IMO is the reason that the founders sold all ownership and basically gave the molecule away to a company that was a formed by taking the assets of another company (and not the liabilities) in one of the largest B.kruptcies in History. What comes around goes around.
It is hard to believe how long things like this can drag on, revenues are heading south, Endwave shareholders were given shares that were worked up to an unrealistic value on VERY low volume. As soon as it clicks there won’t be enough demand to absorb the volume and it will be like trying to catch a falling knife as it plummets. Now we know why they've already approved another reverse split of between 1 for 3 and 1 for 5. If you factor in the 8 for 1 reverse split they’ve already suffered the stock is 22 cents, a far cry from its high of almost $70 (adjusted for split) in October of 2006.
Stay tuned.
Sell Gig at $1.70 Buy LWLG at .90, let's see how I do.
Buz I’d be surprised if they/we still are working with them, if they are I don’t think Photon-X will be in the mix much longer, I think this technology will be kept in the lower 48 if you know what I mean. I haven’t a clue what plan B is but as long as there isn’t a major problem with our ish a merger will happen it is just a matter of time. Oh that reminds me, When that Electro Optic fortune 500 polymer scientist guy found out that Leonberger was on board he said something to the effect that he had enough pull to pretty much put together a deal on his own and could probably contact the guy that is in charge of the 50 states to arrange for funding (if need be). When the Polymer scientist dude went home and came back, I won’t get specific, but when I told them someone from the Peoples Republic was interested in doing a deal with Lightwave there was an immediate response of “No Thank You”. That should tell us what we need to know, they didn’t even ask for his name or anything. He tried to contact me a few times but I haven’t returned the emails.
Guys Who Knows, Honestly I’m not freaking out anymore, we are doing exactly what was stated had to happen a few years ago to move this company forward, Honest Injun, that 3 years has just burned us all out, PERIOD.
OK now I know where you are coming from, I had the same experience and lost between $300k to 500k on various companies, but it was my decision to invest in them and I lost money, it happens, those comapies had to stand on their own. The odds of a startup succeeding are probably 99 to 1.
By now you guys know that if I have a question I try to get the answer the best that I can and Before anyone freaks out let me tell you that in February of 2009 I went to UCMT sat down with Mike to discuss sales of Lightwave, he was open and honest. He called across to Teresa and she printed out the spreadsheet with the history of their sales and handed it to me. I went through it with Mike and discussed the sales. As information we briefly discussed this on the Yahoo board. As info the first sales took place in March of 2007 that is about 3 years after they hit the street so it is not like they crushed the company out of the box which is never a good thing for an investor on an IPO
Revisionist history is what it is, but what I saw was that there is no way the Goetzs, Fred, Andrewi.e. Lightwave could have survived without them, did they give up a lot of shares to UCMT yes, the good thing is that the UCMT company itself does not currently hold very many shares but I’d bet that Mike, his acquaintances, and his family still hold upwards of 5 Millions shares. If they haven’t sold them in 8 years then we shouldn’t drag Lightwave History through the mud. Now if you want to talk about those other companies, I’d agree they were bad investments.
I hope this helps. Someday the entire story behind Lightwave will be written and there will be quite a few chapters on the initial startup during the first 5 years.
Trying to be honest and above board, I cannot fault someone for selling shares that they were paid with for services and cash that was outlayed 3 years prior. There is bad blood between many here but you can bet that when Fred took a turn for the worse some of his friends cared enough to visit him.
Bob did you sit beside me at the shareholders meeting?
Oh and just so everyone knows, 80% shoot probably 90% of the heavy hitters (probably not Leonberger)that you see working for lightwave Shoot, even the new lab,,,, (same complex 3 years prior), were a direct result of UCMT's efforts. I'd bet that 80% Cash for the first 5 to 7 years came from UCMT's efforts.
Did I loose a boat load of cash with them, You Bet but it does not change what I saw.
I've gotta run
Yep Bob there were quite a few mistakes from hype made back in the day but it appears that What Fred told Mike and what Mike told us was right.
No I missed the initial buy by a couple weeks; I was turned down by Mike and was told they were sold out, I thought it was 17 cents but I could be wrong, all I know is that I missed it. 14 years ago, let me think, they did the reverse merger in 2004 so if you were here 14 years ago that would put you at Aberdeen with the Goetzs or an investor in Eastern Idaho Internet Service, Inc. But yep buying shares in 2009 at a quarter was most definitely a no brainer. You see when you tell the truth you don’t have to remember what you said. So what is it, Eastern Idaho, Aberdeen or a bad memory? You have to know about the MoPed thing, Lol. Oh wait a minute are you the guy Mr. Goetz used to car pool with, if so then you may have done something with the Goetzs back in the day. I have an old shareholders list around here somewhere so I could look it up. Give me an idea of how many shares you owned say 5, 6, or 7 years ago I’ll figure it out.
Is this Bob C.?
X Out
Reds I think they are still just trying this and trying that, sounds like the film is thin enough for now but remember after the film is created the Perk is put into a solvent and added onto the film and spun (like art on the boardwalk), heated and poled to align etc. then cooled to lock in. The loading, the amount of Perk that they can suspend (solubility) the amount of voltage applied, the temperature, how the electrodes are attached, the type and thickness of metal electrodes can ALL be changed a hundred ways from Sunday that is why we NOW need an engineer. It is all science that (using Perkinamine) has NEVER been done before, it could take another hour or another few months. Remember folks Michelson is working with Perkinamine IndigoTM on the “electro-optic activity” for the microelectronics customer.
Perkinamine NR is the Third Order Light controlling light, All Optic Femtosecond Material as long as we have consistent material every time the variables will be much easier to control. I’m not ever sure that 99% is enough but at least they have a shot now.
At 99% this is what they have.
Remember that the molecules below would fit inside of this - - - -O
40% SOLUABILITY
X = Perk
# = Contaminant/Unknown
(I could be wrong and the 1% could be spread out in very tiny particles but you get the picture)
XXXXXXXXXXXXXXXXXXXX
XXXXX#XXXXXXXXXXXXXX
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XXXXXXXXXXXXXXXXXXXX
XXXXXXXXX#XXXXXXXXXX
XXXXXXXXXXXXXXXXXXXX
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XXXXXXXXXXXXXXXXXXXX
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Or this
20% Soluability
X X X X X X X X X X X X X X X
X X X X X X X X X X X X X X X
X X X X X X X X X X # X X X X
X X X X X X X X X X X X X X X
X X X X X X X X X X # X X X X
X X X X X X X X X X X X X X X
X X X X X X X X X X X X X X X
X X X X X X X X X X X X X X X
X X X X X X X X X X X X X X X
X X X X X X X X X X X X X X X
X X X X X X X X X X X X X X X
X X X X X X X X X X X X X X X
X X X X X X X X X X X X X X X
Or this
10%
X X X X X X X X # X
X X X X X X X X X X
X X X X X X X X X X
X X X X X X X X X X
X X X X X X X X X X
X X X X X X X X X X
X X X X X X X X X X
X X X X X X X X X X
X X X X X X X X X X
X X X X X X X X X X
I’m not sure what the maximum loading is but it is probably less than 40%.
As for those that want them to predict that the magic number for a widget is an 18.5% loading when what they were working with in the past was Perk that was too dirty to be consistent is asking for something that they cannot honestly tell us.
I’ll make up a number 24.2% spun at 3,000 rpm for 18.5 seconds and poled at 140C for 7 minutes and cooled will leave you with a drive voltage of .8 Volts and 220 pm/V, while 32% spun at 2,000 RPM for 25 seconds poled blah, blah, blah 180 pm/V.
Guys it is kinda sorta like the light bulb, Edison knew it worked but he had to figure out why it wouldn’t last. I have NO doubt that we have met the numbers but if we give them 2 different batches that are supposed to perform the same and they perform differently then “Houston we have a problem”. I think this is what happened with the AZ testing, just a guess but IMO that is what happened.
We will get there but yelling, bitching and moaning isn’t going to change anything. You simply do not get the kind of interest that we have in this material from something that is not promising. I do however agree with Buzzy that there are only 2 Board members that put real money into this so perhaps bitching is in order but let’s not build up those that bought at a quarter cause that my friends was a no brainer. It would be nice to see a program where some of the key employees bought a thousand shares a month, every month, shoot do it in an IRA.
Again it appears that we have achieved a major hurdle on the chemistry side now we can move forward on the engineering side, when it happens (and the combo is right) there won’t be any time to pick it up on the cheap, but shoot I’ve said that for 8 years now so what in the world do I know?
Enough babbling, I just read Z’s letter again yesterday so I thought I’d break it down.
IMO some of you know what you are talking about and some don’t 20/20 hind sight vision, form 4’s, Lol….. I’m not sure of the timing on a PR but the end of the year just happened, W-2’s, 1099’s etc. and I’m sure that audits of both companies are in order before a deal can be finalized. Most payroll services just spit out the W-2’s with JM handling the money I’d hope that our books will be off to the CPA in short order. I guess that it also depends if our potential target has 100% clean books, in compliance, is a corporation and if so a C or an S, how many shareholders, options blah blah blah, because remember that “private” companies do not have to comply with the rules for a public company. After all we do not want to inherit an issue that gets corrected in public, if there are any issues they need to be corrected now rather than later.
As for Toms performance as the CEO, he is doing what he said he would do and moving the company forward in a much more focused approach, remember, we have An Admiral, A former V.P. Dupont, Former Senior V.P. Corning, former CFO, former CTO’s and a CPA. All are very opinionated, very knowledgeable and are used to giving marching orders not taking them. One question that I have is that I’d like to know if Z plans on doing any Dog N Pony shows to investors to attract outside investors, if so how many he plans on doing this year.
IMO as for digging up dirt and dragging folks through it by posting it is not the wisest thing to do but if you think it will help them have at it, honestly I do not see it as doing anything but somehow making one feel better because they trash talked another, but I guess that is life now days, talk bad about someone so that you can feel better about yourself.
As for the share price it is what it is, I plan on picking up more next week and I know of few that will be loading up this week. Like I said the timing of a merger is hard to predict.
I wonder when we'll break through that $3.33 number?
X Out
You guys keep beating them up and posting as much negative stuff as possible, I’ll be buying more in 2 weeks so that will help me out. Oh and I’m sure that it will help with our ACTIVE negotiations.
And I hope that you can see why I don’t post anything anymore because after a few months shareholders decide that it is in their best interest to send emails to try and contact private outside parties to trip them up so that they can post that parties response publicly.
Never in my wildest dreams did I think that it would take 8 years but I’m not going to shoot myself in the foot to make my wallet stop hurting.
X Out
I haven’t added anything because I don’t know what to say, I hate to bum everybody out, and I’m sorry for thinking that they’d be able to get their act together by the end of the year on an M&A. Honestly I thought for sure they’d have completed a partnership by now but obviously they haven’t. From day one, even back in the Goetz’s days they ALWAYS take months to years to do things that one would think should take weeks or months at best, but as Fred used to say, “that’s science”. Fred was not a business person, The one bit of good news that made me feel better was that Leonberger is going to work directly with the board and looking back at his time at JDSU that was one of the things that he did for them AND did it well. I’d say he’s heading for a spot on the board. When a merger happens it looks like we’ll get a new CTO. You have to love the government; we cannot give you clearance unless you have a contract and cannot give a contract unless you have clearance, Lol. SSDD
And I know, I KNOW they always say that it is not our fault it is whoever, (always the other side) as my Father used to say, “Excuses are Like A Holes, Everybody has one” but IMO I think that all of wisdom (that comes with age) that the board posses and because time passes differently as we age, it causes them to contemplate the next move for weeks or worse yet a month (until the next board meeting) or someone gets back from wherever, again instead of days, I don’t know if they ever had it but it appears that a sense of urgency is JUST NOT HERE. IMO something that could be worked out in a month ends up taking 6 months to a year. Who the F knows in 8 years they cannot even convince a fortune 500 with Billions of dollars in their R&D budget or the government to put up $100k honestly who knows what they have.
One of the investors sent me a link on the IKD-1-50 or whatever it is called, linking it to Dalton. Dalton is U of W, if there is a device involving any U of W technology that opens up an entirely different can of worms. Not saying it does, just saying IF.
Again 3 years of wandering around has worn us out, I think that we are finally where should have been 3 years ago but we’ve all wasted 3 years of our lives and compensated many for not doing what should have been done during that time.
We’ve watched as 100’s of Billions have gone to Pie In The Sky crap and we cannot get F'ing Dime,
Yeh Right.
I’m cautiously optimistic that my February predictions will come true, but HOW MANY TIMES HAVE WE BEEN LET DOWN, shoot 90% of the guys here that are now retired would not have tolerated this kind of performance during their careers.
X Out
Again I base this on nothing but my feelings.
Heck no I don’t have any input; I rarely contact them, I may have sent them 3 emails in all of 2012, furthermore they are not allowed to tell us anything and one could read their responses as the glass is half full or half empty. Whatever I post are things that I find out on my own on the internet or other investors tell me, many are hunches, some are common sense, 90% of time I wrong with my timing, but looking back quite a few times I’ve been right. When Fred first did his thing, before I put up any money before they went public, I grilled him and double checked everything I could, he could break it down to things I could understand, that is where I came from and why I believed in this science so much.
To answer your question though, what I really think is that in the end we’ll get bought out, we won’t have to worry about the proper exit time it will just happen.
Common sense also tells me that there are many reasons for a delay with a merger, it could be problems with the Perk, not problems, but something they haven’t figured out yet or perhaps they nailed it and don’t want to move forward giving away half of the company if the Chip maker is going to buy us out or announce a deal that would change our leverage in a merger. It could be that others are trying to play hard ball, it could be legalese, it could be someone getting divorced, it could be a lot of things.
Whatever, I get tired of trying to figure out.
Hey if it stays down I can load up on more (for the kids) next year.
Golf Ethics Question
http://link.brightcove.com/services/player/bcpid775285209001?bckey=AQ~~%2cAAAAtIGFX_k~%2cMRIHKYX9xs0gxDxXtswwaTGIc7vAXA6V&bclid=0&bctid=1797260929001
Perhaps Buzzy or Cears could shed some light on it
Yes I’m still saying buy all that you can below a buck.
Gates back in the day Fred was very protective of the lab, so much so that he wasn’t receptive to outsiders trying to improve on what he made. Years ago when his health went, it was so fast that there wasn’t time to document everything that he discovered, yes Andrew and Mom helped out everyone stepped up, this is all water over the dam now but I’m certain that caused delays in the back ground. As information I didn’t know it at the time, I found out over a year later. Some time when we meet in person I’ll explain it this is not the kind of thing that is for a public BB. Hippa stuff ya know. I wouldn’t worry about the Goetzs, they wouldn’t do anything to hurt this and they have enough legal talent to protect all concerned.
Hey the shares are for sale at whatever price the sellers are willing to take, right now they want less than a buck, I say gather them up. Numerous reasons for the folks selling but it is NOT me.
Well since we are bussifying the crew I’ll add my 2 cents, yes IMO the 3 years delay has worn out our patience. Truth be known Z was in the running back in the day but as I understand it we didn’t have sufficient capital on hand so he didn’t really fight for the job and Smitty ended up installing JM, then the Fred thing happened. When Smitty became COB I gave him the resume of Bob Petcavich and asked him to consider a change, he said that if a move needed to be made he’d make it. Well it never happened; honestly I’m not sure if they ever even contacted him and Smitty resigned.
It is what is, Fred is no longer capable of influencing events so we are kind of stuck here. BUT They are finally doing what (Hal said) had to happen 3.5 years ago, Engineer, New Lab, etc. So yes Z was here but he wasn’t in charge so honestly we are diluted with a 3 year delay and in reality at a period 6 months after Hal split, , (apparently Zero presentation skills put us into a holding pattern). To JM and Smitty’s defense though the Fred thing had to hurt, they did however establish a relationship with LPC which is providing the funds to move forward. Again we are finally doing what should have been done years ago, I AND many others did everything we could to help, we tried to put her back on the road but it kept going back in the ditch, honestly I think that they are doing the right thing now, but,,,, UH I’ve said that for SO many years now and IMO I’ve lost whatever little credibility I had.
It is what it is and will happen when it happens, I was just looking at my videos from an Alaskan trip in 2005 (I think) I can remember riding a mountain bike down the hill thinking that when I got back to the lower 48 I/we’d here something from either Dupont or IBM, LOL,,,, WTF WAS I THINKING?
Happy New Year Guys
The shareholders meeting was 4 months ago, I know that it feels like 4 years but the fact is it was 4 months. Finally (with the IBM announcement) things are heating up in this market and IF we truly have something that should bode well for Lightwave. IMO we have the talent that we need to find an “in” somewhere in this market. If they don’t make an announcement by the end of the year I’m sure there is a good reason behind it so I’m not going to get myself all worked up. It is the end of the year anyone selling now and not waiting on the next move is probably selling to take advantage of the current Capital Gains rate because selling at loss now would only save 15% and I guess a few may be playing the short side because of the uncertainty. Anyone selling now and planning to buy back in next year would either have to wait a year or could get hammered if we are bought out in less than a year. Not much we can do about the share price so why freak out. Honestly I thought that they would have announced some sort of agreement by now because you know that they are working it. Again IMO this IBM announcement will bring attention to our cause. Whatever guys I’m not going to jones over it. And hey who is to say that IBM isn’t the LSS and hence a delay in a merger, or if they nailed the purity and properly applied the Perk for the LSS doing a deal now would be shooting ourselves in the foot, just saying anything is possible and with the Admiral at the helm don’t expect a slip up in his communications because he knows that loose lips sinks ships.
No more clues, please keep your findings to yourself, because some on here do not know when to stop and call and email folks that they shouldn't.
Welcome aboard Trotts, I just checked your profile and you are followed by 143 other investors with 10’s of thousands of posts. I welcome you to go to the yahoo board, find my profile, go back through it and copy and paste any of that information on this board under your name for your followers. If you have any questions just ask. I’ve been following this company since they first invented the material at that time there was less than 50 investors with very little professional talent now there are thousands of investors and talent out the wazoo, as information the family that invented it only lives a couple miles away, Health issues dealt them a blow that they will not be recovering from and prior Admiral Zelibor joining they could not follow a cohesive path forward. Now they have a leader, a source of funding and with Miller leaving Corning about a year ago and Leonberger from JDSU lending his talent I think that you will see very soon why all of the talent has signed up oh and much of the talent has joined for stock only.
Photons replacing Electrons, No heat is generated to cool (expensive), Photons do not interfere with each other so computing can be performed in a parallel fashion, all of this using a dye in plastic.
Fast, Cheap and stable.
Oh as information the bashers on the yahoo board are from a company called Lumera, about 8 years ago I studied both, at the time Lumera/Gig Optix was valued at $50 or $60 bucks a share now it is less than 2. I told everyone to run but apparently the ones that didn't HATE ME. Lol, whatever.