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It is gone now, I printed it last night. It stated that “current generation” EO polymers with electro-optic coefficients are in the range of 50—100pm/V. Then it talked about a material exhibiting an “in-device” coefficient of 170 pm/V, not going into detail about the waveguide on here. I’d bet that it was our stuff. Insertion losses was terrific he said that he thought that he could get it down to a few tenths of a dB, todays devices are in the range of 5dB to 12 dB.
I’m betting that is why Greenlee was so happy to come to work at Lightwvae, he saw what it could do there. He was listed in the References.
Gotta Run
Interesting Google Electro Optic Polymer
See the Norwood U of A about 4th one down, the page has been scrubbed,, hover your mouse on it, then move to the little arrow on the right, bet thats our Perk, on the modulator
Fuzzy Math used on their statements comments are from another poster
“I appreciate the comment about the 30% YOY and I understand how it is calculated. My only point is that it reflects only a few weeks of Endwave in 2011 revenue number. If you look at the 10Q filed on August 15, 2011 on page 11, the company provides a revenue number 'as if the acquisition had occurred at the beginning of the period', that revenue for Q2 2011 is $8,796k. I am not making this up, these are the facts as provided by the company. I believe this is a more representative starting point for evaluating growth as it is an apples-apples comparison. The company's Q2 2012 revenue was $9,588k, which also includes a full quarter of revenue from Endwave. I believe the numbers are now comparable. Given that, YOY growth is 9%. I'm not making this up, just stating facts.”
Obviously he “gets it”, IMO there won’t be any revenue falling out of the sky, I mean given to them to add and show as growth and they won’t be able to eliminate any historical sales (government)to drop the numbers at the beginning of the graph (to change the history) to make it appear things are taking off and point the trend line to the sky. IMO the 3rd quarter grown numbers should be real numbers and it will be interesting because as I read it the reason that many of the companies were given to Gig was that their products were aging, I wouldn’t doubt it though if there isn’t a footnote on the growth charts eliminating those products, Lol. None the less it will be interesting to see.
OK we agree to disagree. I still say that if Z is in town and gets an invitation to attend an investors group luncheon in Phila it wouldn’t hurt to drive up there (1 hour) and do a quick ½ hour dog and pony show, that’s all I’m saying, Perhaps he has I could be wrong. Steve could prepare something for him. I bet there are small groups in Wilmington that he could hit, (practice) as info there is huge Dupont and Banking money in Wilmington. It would be interesting to trace the roots back of the majority of the investors to see where/how they heard of Lightwave and what was it that convinced them to put up a little coin, still saying that we the investors brought in the lion’s share of the investors here so it is our reputation on the line.
I’m not going to speculate on the merger thing, Z sounded as if he didn’t want to go down that route at the shareholders meeting. If we post who we think it is one of the investors may call them and we don’t want that. But yes Z is a say what I do and do what I say kind of guy. No doubt they are pursuing Step 1 of the plan.
6 Million dollar Loan?
I believe the second quarter usually ends the last day of June, this came out a little less than one month ago. I don’t recall anyone delving into this for the readers here. Would any of you Gents care to interpret this for the fine folks investing their hard earned money here, to me on the surface it appears they just made a slight mistake but after seeing them go through so many CFO’s along with the DBSI debacle upon creation might give one skilled in the art of common sense a reason to pause. I guess what matters now is that was it a short term fix or long term one, this month ends in 2 days.
27-Aug-2012
Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligat
Item 1.01. Entry into a Material Definitive Agreement.
The information set forth in Item 2.03 of this Current Report on Form 8-K is incorporated herein by reference in response to this Item 1.01.
Item 2.03. Creation of Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of Registrant.
As disclosed in its Current Report on Form 8-K filed with the Securities and Exchange Commission (the "SEC") on December 13, 2011, GigOptix, Inc. (the "Company") and its wholly-owned subsidiaries, ChipX, Incorporated and Endwave Corporation (collectively, the "Borrowers") entered into an Amended and Restated Loan and Security Agreement on December 9, 2011 (the "Loan Agreement"), with Silicon Valley Bank ("SVB").
As disclosed by the Company in its Form 10-Q for the quarter ended July 1, 2012, as filed with the SEC on August 15, 2012, as of July 1, 2012, the Company was in violation of one of the covenants of the Loan Agreement which requires that on the last day of every month, the ratio of the Company's cash, cash equivalents and accounts receivable (together, "Quick Assets") to the Company's current liabilities which mature within the following year (including obligations to SVB) ("Current Liabilities") be 1.50 to 1.00. The violation was cured by the July 3, 2012 repayment of the $6.0 million borrowed from SVB, and as a result, the consequence of the Company's violation of the covenant was not material to the Company.
On August 23, 2012, the Borrowers and SVB entered into a Default Waiver and First Amendment to the Loan Agreement (the "First Amendment") in order to allow the Company to continue to borrow under its Loan Agreement without further violations of that covenant and to waive the default resulting from the violation that occurred on July 1, 2012, as described above. Under the First Amendment, SVB agrees to waive the July 1, 2012, default by the Company for violation of the covenant only for the measurement period ended June 30, 2012; the Company was in compliance with the covenant for the measurement period ended July 29, 2012. The First Amendment also amends the Loan Agreement in the following material ways (capitalized terms used but not defined herein shall have the meanings ascribed thereto in the First Amendment or the Loan Agreement, as applicable):
(i) For measuring periods from July 1, 2012, to December 31, 2012, the covenant for the Adjusted Quick Ratio (defined as the ratio of Quick Assets to Current Liabilities, but excluding up to $1,200,000 of non-cash accrued liabilities) is lowered to 1.35 to 1.00 (from the previous 1.50 to 1.00 prior to the amendment with no exclusion for non-cash accrued liabilities). For measuring periods after January 1, 2013, the Adjusted Quick Ratio is 1.50 to 1.00;
(ii) Exhibit D (Compliance Certificate) to the Loan Agreement is amended and restated to reflect the foregoing amendments; and
(iii) The covenant related to allowing SVB access to the Company's Collateral and Books and Records is amended to provide that so long as the Borrower makes Advances no more frequently than once per calendar quarter, and provided that no Event of Default has occurred and is continuing, SVB will not inspect the Collateral or audit and copy the Borrower's Books.
The First Amendment includes customary representations and warranties for agreements of this type, and a release by the Borrower of claims against SVB (the "Released Claims" as such term is defined in the First Amendment).
Other than as described above, the material terms of the Loan Agreement as previously disclosed by the Company have not been amended and remain in full force and effect. The description of the First Amendment is qualified in its entirety by reference to the full text of the agreement, which is attached to this report as Exhibit 99.1 and incorporated herein by reference.
This is what I found on google.
Generally, a value of at least 1 is required, and the higher the number, the better. (A ratio of less than one means the company cannot meet it's current liabilities and a value of 2 would mean the company could cover the liabilities twice.) Generally, higher numbers are a favorable indicator of the ability to pay short-term debts and very high ratio values can indicate poor receivables or excess cash reserves.
Lower values show that the company may experience problems paying short-term debts. Companies with lower values should consider liquidating some inventory, refinancing short-term debt with long-term debt and/or consider a sale/leaseback of fixed assets.
Extremely high ratio's can indicate unnecessary accumulation of funds (too much inventory) or bad financial management.
What is an accrued liability (remember the 1.2 million)
Accrued liabilities are liabilities which have occurred, but have not been paid or logged under accounts payable during an accounting period; in other words, obligations for goods and services provided to a company for which invoices have not yet been received. Examples would include accrued wages payable, accrued sales tax payable, and accrued rent payable.
Perhaps it was just a timing issue?
Good Luck
Simple as this Reds, If we stay at 90 cents our buyout number will be squat
I’m not aware of any presentations made to investors by our current (qualified) management team, obviously now we have a crew that is good at making presentations and has documented successes behind them they could easily convince others of what we have. I know that only a month has passed since the shareholders meeting but one would hope that going forward we’ll hear of a few presentations.
If we hang around this price for much longer (which is what we’ll do without new investors) I know MANY that would take 3 Bucks a share and be done with it. If they could bring on new investors and push the price 3 bucks, IMO those expectations would be pushed to 5 or 6 bucks. On the other hand if we are at 5 bucks a share then 10 would probably do it, so on and so forth. Remember that many of us have been hanging around for 7 or 8 years waiting for them to get their act together and when Hal left we were under the impression that a business plan was forthcoming and they would clean the material, make presentations and execute the plan. Well they fiddled around for 3 years, blame it on whoever or whatever you want but the fact of the matter is that there are 10’s of millions of shares in the hands of folks that have just about had their fill of waiting for a payday, that is all I’m saying. It is hard to interpret ones expressions on a message board, I’m not mad, but I do think that they need to get out and bring in some new investors.
Just doing a little payback over there for the 800 million posts they did.
In the end who knows what number we will settle for. At this point I’m not trying to set my sights too high though because the last 3 years pretty much wore me out and has humbled my expectations, let me see,,,,,carry the one,,,, geez for every million I make it works out to a little of a dollar an hour on here. Lol.
Who knows what the number will be. It depends on how good of a job they do on getting out the message to a new (institutional) audience. Historically they were 100% focused on the science.
Hopefully while the lab guys are perfecting the ish, Z, Miller and Leonberger will do a road trip to develop a rapport with at least a few heavy hitters. Honestly, to date I think the investors have done the lion’s share of the heavy lifting on the PR/IR for Lightwave, I haven’t a clue how many hours Steve spends doing things but I don’t think Z will just let him sit there, He Has To Be Working On Something.
Z also spoke about an issue (probably from his Space Information Warfare days) with the F35 fighter back in the day when Lockheed was (and probably still is) throwing out data for anything that isn’t an immediate threat to that aircraft probably because it lacked the storage capacity. If the fighter had the ability to switch and store that information with Perk it could be used by other aircraft, ground troops or for reconnaissance purposes. Hence Z’s comment it could turn into a giant sensor that could provide information to the rest of the network. Who knows what we’ve got guys but one thing is for sure these guys are not here to play tidily winks.
Trist you need to listen to the SHM, they are STILL working on perfecting/coating devices (coupons) at different levels for different customers. Apparently the old lab had too many variables, back in the day Fred used to say that it didn’t matter but apparently it does. Judging by the hood in the lab I‘d say they might have learned something from Bama. Z lays out the issues with the different kinds of Perk and reasons in plain English. They are close but there is no time frame/definition of close, it could be today, tomorrow, 6 months or a year. I’m much more confident now that they have and are executing a game plan, but as frickin usual we need to give it more time. I’m hanging in there, buying on the dips, picked some more up on Friday.
I called that one, down 19 cents today. $1.99 who woulda thunk. I wonder how it will look in a couple weeks. IMO they are proly closing out the raise so the folks getting in buying on the cheap are dumping it on the street.
Interesting how low can it go? I'm guessing a few months to a buck then reverse it back up for another ride. It will be interesting to see earnings without being able to roll someone else’s numbers in, actual apples to apples comparison. Oh did anyone catch where Avi pulled out the prior “government” revenue to make it look like it was heading north? Slick, B Careful
Looks like the stock is trending down, if this lasts until the earnings are announced this will not be good for the longs especially the ones that inherited this equity in the last, uh, merger of equals? Not to worry though they already have approved another (much smaller than the last 1 for 8) reverse split of between 1 for 3 and 1 for 5 so they can keep the price up high enough to hold onto their listing.
I wonder how the Endwave shareholders are feeling?
Compliments of Skidos on the LWLG Board. There is good news and BAD news in here for Gig.
http://www.lightwaveonline.com/articles/2012/09/photonic-integrationbig-money-in-small-packages.html
Lets see if we can not get this board rolling.
No need to thank me.
X Out
Maybe we are both saying the same thing Six. (I expect something on the patent front in the VERY near future.)
I was just relaying a brief conversation with Joe Miller that’s all; I certainly wasn’t going to try and correct or second guess him because after all I have zero experience in bringing new Electro-Optic products to market and although one would hope that the world is honest there are some nations that may not respect our patents or try to work around them. I meet a lot of W.L.Gore types in my travels and although Gore had patents (expired) they did not put everything in their patents, some of it is protected by their IP. That is how I see Lightwave like KFC with the 11 herbs and spices protected by a patent but exactly how they are positioned and when they hit the batter is locked away in the vault.
We don’t want to show our cards, in other words we don’t want to give out the details of the science, remember there are many different configurations and so far they have only hit a handful of them and Indigo is a little different.
We need to make sure we have all our ducks in a row first, oops there I go again. IMO More ducks coming soon, remember hey come in 2’s or 3’s. Stay tuned
Reds I pictured you as an old guy that would understand all these goofy sayings.
When the former CTO of Corning tells me that we probably don’t want to put that information out there for just anyone to see I kinda think that he may know what he is talking about. I’m certainly not well versed enough in the status of Electro Optic polymer science outside of academia to dispute his reasoning. The way I interpreted the conversation was that when we finally put it out in a device anyone wanting to figure it out will have to reverse engineer it, dig out the Perk, figure it out, determine the voltages, polling, solvent etc. And honestly I don’t think if they released a White paper that stated the concentration, performance polling methods, substrate thickness, yadda yadda that the share price would move.
And I’m wasn’t aware that the secret behind the Iphones has been published.
When he told me that, it actually gave me confidence that what we have is in fact special.
That is why it is good to attend the SHM, I haven’t been paying attention lately but I don’t think that those that attended and spoke to them one on one are freaking out. There is just something to be said for one on one, to look them in the eye.
Kind of like when Turpin said that he knows of at least 100 Optical computers but only one was declassified. How many other people in the world know of 100 such computers, their whereabouts and their clearance status?
We knew that we were stuck in the mud for 3 years, we are now out of the ditch and yes I’m frustrated with the lack of progress over that time but now this appears to be proceeding as many of us had originally envisioned. For years we knew we needed an engineer onboard. That delay has totally worn us down; But yes I understand your frustration.
My take on the White Paper is that this was something Greenlee was working on prior to lightwave,, looks like he authored it. I don’t think they were using perk in that SLM but we/they are at BNS. After the SHM I had a brief conversation with Miller about Whitepapers. I asked him if they aren’t publishing them because of the inconsistencies in the results. His response was,, No that wasn’t the reason, basically they (Lightwave) do not have any reason to put out the details on Perk and make that knowledge public (why should we just let that info out?). Apparently (at this time) It would not help if we tip our hand. Those that want to read them must sign an NDA.
For the most part I’d say that we the investors are too stupid to understand them anyhow and those that could understand them may try and,,,,,,
Chuck - "I am extremely excited to be working with Perkinamine™ based materials. Unlike the polymer used in the research project, Perkinamine™ based materials have previously demonstrated excellent thermal stability and high electro-optical effects needed to operate at extremely low voltages. They also possess other unique electro-optical characteristics that make them particularly well suited for this kind of application."
Z - “His vast experience with spatial modulators will complement our previously announced external design effort currently in process with Boulder Nonlinear Systems."
Someone was asking about how a merger/takeover/partnership/acquisition would work or could be structured and the value that both Lightwave and a Prospective partner bring to the table here is quick couple points that I see.
If we partner up with a private company that company now becomes public, not only does that get them trading publicly but it instantly brings about 3,000 investors along with it. I don’t know how many of you have ever participated in a small private company going public but for the first few years without a large float while the value is very easy to control, in reality without an investor base that value is meaningless. With Z speaking to investors along with Miller and probably more importantly Leonberger explaining the synergies of such a merger (because of the following and respect in the market that those individuals bring to the table) the base would increased greatly, when demand increases so does the share price. and I’m sure that many of those followers have deep pockets.
Investor Base
Publicly traded
Management that has done may SUCCESSFUL merger and acquisitions
Management that has a track record of developing new products in this market
Management that could call for an audience with any fortune 500
We (the investors) want it all and want it now but IMO, by far and away the most valuable thing that we bring is Perkinamine and the IP behind it. The value in not jumping the gun and waiting a little while could be huge. When Babu nails it consistently and he WILL and with Greenlee testing, with evidence that the Large System Supplier likes what they see our negotiating strength/value in a partnership is increasing 10 fold. Timelines are one of the most important things in a negotiation, we are the only ones with the Perkinamine, we’ve got about a year’s worth of cash on hand, going forward and seeing/worrying about where the money would come from for 8 years I DO NOT SEE cash as being a problem now. There are however many, many others playing in this market so I don’t think that they can afford to sit on their hands.
Our partners will bring commercial device knowhow and customers, remember that up to this time, for the most part, in fact going back as far back as the Hal Bennett days, the ONE BIG thing that we lacked has been device engineering.
This thing could go many, many different routes but I still say that once we ink the deal with Company A,B,C etc. we will become a slightly larger fish and once the spring rains come (in the way of a device) and we hit the open sea (device market) will be consumed by one of the largest fish in the ocean (LSS) and the crap that comes from that takeover will be cash to the investors.
Just my take, no time to proof, the reason that I haven’t been posting much is that I’m no longer concerned. Either Fred was right or he wasn’t apparently it is still the same old thing, inconsistency, it sounds like for the most part they’ve got finally got it cleaned up but there is still a few last remaining factors that need to get hammered out. Again I go back to the days when the Perk was so dirty that it fouled the Acilapure equipment (cost me like $175k), I was talking to Andrew about that at the Share Holders Meeting and when I said it, he kind of turned his head sideways and said “Oh, yeh I remember that” in fact when he was moving the equipment to the new lab he noticed that Lightwave ended up with one piece of their lab equipment.
Bottom line is that I’m not worried, sorry but I’m not, these guys are far and away more intelligent than I am, I’ve placed my bet and still buying I think that we will see quite a few pops in the price going forward.
No Proof reading I’m not even sure if this makes sense.
Gotta Run
Pieces of the puzzle.
We finally have a plan and the execution is underway, what is underway? IMO it is forcing the hands of a few different entities and in IMO the end result is the same, we exchange our shares for either cash or shares in another company or visa versa. Why do I say that?
The Major Microelectronics has our ish and is working directly with Lightwave (for a short while I’d say that Photon-X may still be in the mix). IMO More than likely once the Microelectronics partner is happy they will make a play for us, simple as that.
IMO, Tom, Joe, Chuck and Fred are all in the process of coming up with or having discussions with companies that fit the bill for a partnership, a merger or an acquisition. Once one of these is set in motion we move from a small fish to a slightly larger fish which would cost more should the Microelectronics partner choose to make a play for the whole thing.
Lockheed has been set aside. This may get interesting because we have material a versatile stable and very fast material, AND they are aware of what we can do. IMO they will be back, if not then there is always Northrop when WE choose to play again in that sector. I wonder if one of them will make a play for us?
Build a device with the use of a new partner and move it market, a top down approach. While this sounds like a logical plan I still do not see us going into full production mode of a single low hanging fruit product without someone taking us out early in the game.
Yes Babu is hammering out the molecule and Greenlee will get the testing side set up, that is lab stuff, Glasgow and Eaton can handle it. It is chemistry; it WILL get cleaned up and consistent, simple as that, just a matter of time.
Folks we’ve got Zelibor who is not afraid to play hardball. We’ve got Joe Miller who can call just about any fortune 500 company’s CEO and request a meeting. Fred Leoberger is highly respected from his JDSU days and worked the merger and acquisition side for them on quite a few ventures. We have our latest addition to the BOD that is well versed in M & A. We’ve got Bim on the BOD to work with him. If these guys choose to put together a deal, they no doubt could do it. Remember Tom at the SHM said something like (I’m paraphrasing) “from time to time we have those discussions”.
We have a unique molecule that is a game changer, until this point we didn’t have active leadership out working the market, we were getting pushed around and drifting whichever way the wind blew, IMO some of the entities were trying to wear us down. Not anymore guys, I would love to be a fly on the wall at the next board meeting, I’m guessing that it will be 2 weeks from today, with Miller finally fully engaged the synergies that will evolve now will move us forward at a pace that until now we are not accustomed to.
Just my 2 cents worth, trying to put together different partnerships in my mind, honestly the possibilities are endless. I do however think that it will be a domestic and not a foreign partnership; if Perk is what it appears to be then folks we have a game changer here.
I think the business side is now going to make a move and add value that until now has been lacking.
Audit Integrity, Inc resumes coverage for LIGHTWAVE LOGIC INC with 1 recommendation.
I recieved this in my emial from Fidelity, not sayiing if it is good or bad just passing it along.
Anyone?
Lol, you guys are on it, nice work. I'm guessing that next year Z won't ask the folks to identify themselves.
I agree that if we have to learn a new forum it might as well be this one w/Moderators n all so I'm in! I was waiting on the moderators spots to fill before I said anything. Whomever it was that asked me to put them on ignore on Yhoo I did, honestly guys I wouldn't be suprised to see 40k a month Fred going forward so don't be suprised. As for me, I'm going to try and pick another 10k shares by the end of the year, so I hope they take their time.
Any idea if they are filming the meeting?
I'm debating if I should take notes.
IMO what is needed is for Miller and Leonbeger to convince a know entity of what Lightwave has. Miller said at last years meeting that if asked he’d go to bat for us. Have them put up a few million bucks to do some sort of side venture and give them a seat on the Board, don’t give it away but give them a super deal on a single use to attract attention. Now that he has left Corning I’d love to see Joe Miller as the Chairman Of the Board and I think that Z is smart enough to see the big picture and the benefits of that, furthermore I don’t think that he has such a big head that he’d be offended. Perhaps it could be Andrew WHO yields his seat on the board to an outsider, it’s been long enough and I’m sure that some of the conversations are far and away over Andrews head by now. It would be better for Andrew as well, THINK ABOUT IT ANDREW, THE Goetzs could make you a multi millionaire by the time you are 40. It could be wishful thinking but if it is as Z said, that large companies are reluctant to publicly step up and be the first to make the a move to E&O Polymers then perhaps we need to use a carrot. Not sure if Miller would even be interested in the COB spot or if it really matters.
Obviously we need to something to get on the radar of the fund research guys and Joe M. and a Partnership would go a long way towards getting us on their screens. Been a long 8 years, time to make something happen, PLEASE.
I don’t want this post to turn into a complaint fest, JUST PLANTING SEEDS
I hope so, Smith giving us Marcelli really put the screws to us 3 years ago or we'd already be there. The truth be known both Z and JM were being considered for the job at that time. I think Z turned us down then though because he wasn't sure we were a viable entity. But whatever, Smith gave us a individual that was not qualified, then when Freds health went south they re upped him an additional 2 years and during that time he used up all of our good will.
We are on the right path now, if they truly have it he'll get us straightened out and yes I agree we will be bought out and we'll be happy. We Need Contracts, PERIOD. I'd like to know what Z is referring to when he says "internal". We may see some more changes.
Looks like we received almost a 1 year extension added on to the end to account for delays caused by the USPTO. Not that we will be here when it expires but that will be important when someone caclulates a buyout number and how long that protection lasts.
I'd have to ask Fred (and I can not) but it doesn't appeat that they limited us to just one configuration, which is a good, no make that a GREAT thing. But reading patents is like reading Greak, so I 'm not sure, Miller, Eaton or Glasgow would be the go to guys on that.
Our IP is expanding, not sure how or if this would apply to Perk Indigo though.
Multi-Channel Optical Modem Early Feasibility
We are in early feasibility study of a multi-wavelength optical modem that will enable an order of magnitude increase in Internet capacity over legacy fiber.
All-Optical Switch Early Development
An all-optical switch is one that enables signals in optical fibers or networks to be selectively switched from one fiber or circuit to another. Many device designs have been developed and commercialized in today’s telecom networks to effect optical switching by using mechanical or electrical control elements to accomplish the switching event. Future networks will require all-optical switches that can be more rapidly activated with a low energy and short duration optical control pulse. We are in early development of an all-optical switch in collaboration with a potential customer.
Optical Limiter Early Stages
An optical limiter is a device that protects an optical detector (or a human eye) from damage by attack from high power laser weapons. In order to provide protection for these systems, an optical attenuator device with an exceptionally fast reaction time is required. We are utilizing the third-order nonlinearities of our Perkinamine TM and Perkinamine NR TM materials to explore this utility as a potential product. We are in the very early stages of feasibility studies in collaboration with a potential customer and a government agency laboratory.
Optical Filter
We are in preliminary design and fabrication phases of development of an optical filter using our proprietary Perkinamine TM and Perkinamine NR TM materials within a SiNx photonics platform. Initial work has been done in collaboration with City University of New York, but limitations in their process capabilities have led us to seek alternate fabrication facilities, which are underway at this time.
Hmmm, I thought CUNY was working on Optical Transistors, I guess the filter is part of the Transistor.
This is also new for 2012 Spatial Light Modulator
We have recently begun the development of a Spatial Light Modulator with an outside manufacture utilizing certain of our Perkinamine TM chromophores. A spatial modulator is a form of optical computer that can perform various advanced tasks, such as object and facial recognition, by using advanced mathematical calculations known as Fourier Transforms. Our organic nonlinear optical materials can potentially produce update rates of more than a million times per second, which is a significant improvement in processing speed over existing Liquid Crystal Display technology that updates at only 30 times per second.
2nd Generation Telecommunications Modulator
We have recently begun a second-generation design of a unique telecommunications modulator incorporating our newly developed material Perkinamine TM Indigo. We intend to have a working bench-top prototype sometime during 2012 for commercial marketing. We anticipate this modulator will be able to exceed the performance of existing legacy modulators by an order of magnitude, and will allow for improvements in the form of reduced power consumption and reduced device cost.
Kind of mumbo Jumbo, not sure what it means but as info the word “2nd Generation” has not been used before.
Speed IMO that statement dates back to about 6 or 7 years ago when Fred had to get umpteen clearances to head down below ground to convince them to test the material.
It looks like there is some info in there though, when I get a chance I'll grab them and try to sort through it.
As I understand it Z's going to do his best to bring it down to our level and give us an honest assessment of where everything stands.
Like legacy/order of magnitude speak, does that mean 1-100 Gig signal or multiple 10 x 10 Gig wavelengths.
IMO This last move made by the board shows that they are looking at bringing on additional talent. Remember that with the Z move the board is going to have to get rebalanced independent vs. insiders. Wouldn’t it be something if we could somehow convince Miller to do the COB thing, not sure if Z would mind, I think that Z is more in this to get it done and get it done right and not for the glory of the titles. He has the ability to see the big picture and I’m sure if a move or 2 will increase the value of the company and make him an extra million that he’d see the logic in taking one for the team. Just thinking out loud, not sure all of those will come true but I’d say that there is a high probablility that 2 out 3 will happen.
Yes unfortunately I think that we are stuck with this kind of set up on the posts for this board. The advantages are that the moderators can control the board and the goofy senseless posts. Over on Yahoo I put the Gig guys on ignore and the yahoo site has cleaned up real well. Perhaps a combination of chats on that site and links for serious investors to this site will work.
Hopefully the company will put a link under the investors tab on the web site to this forum.
I'm going to make a sticky out of this just for the heck of it.
Caers forgive me but just for practice I'm going to Zap one of your post for being off topic.
I'll vouch for Buzzy.
Not sure how long it will Take Z to get his arms around this but he should already be up to speed. I think we have a couple of significant events on the horizon.
I think the style of PR's that we see is gong to change completely. IMO JM was weak in that area, everything had to be passed by everyone and by the time the PR was written it was kind of a hodge podge of information written in a few different styles.
Even though Z was supposed to have taken charge of the PR's 10 months ago I don't think that was the one writing them.
Question for to the experienced posters, is there a way to view differently, in other words this should be beneath F2’s post, to me it looks like a new post?
Agreed, As I understand those tests the Indigo was off the charts and they are trying to break down the R33 to see which components are pushing the number so high.
Welcome aboard F2, I cann't find your email adress, shoot me an email.
Do me a favor, do not post a link to this on Yahoo Yet, I'm working in something, it should be done soon.
As I understand it we are currently waiting on the University of Arizona to break down the R33's to determine why the numbers are so high. Which componets make up the 250 ppv.
Just trying to post something relevant so I can get through the vetting process.