Actually, hoping for a working modulator demo during the lab tour.

I'm hoping to hear something about a white paper on Thursday.

For almost a year the company couldn't even get their PR's out correctly, that matters. A public company needs to conduct itself in a way that assures they are taken seriously, with shareholder value in mind, for the sake of everyone including themselves. You've seen guys come in before Lebby and fail or leave. That all or nothing logic doesn't help you survive through a cycle of leadership changing. No one is asking for hype like we got in early 2012.

Not everyone works in the lab. What other management/staff does and how well still matters to varying degrees. I find this lab only thinking a little frightening. Telling an entire company that only one area matters does not sound like a healthy idea. Success is a team effort. And if the lab hit a snags, god forbid, a healthier running company can keep it's a head above water a little easier.

I think that comment was directed more towards advocate and suertee. I have no opinion either way. I whine on occasion.

With Nio, whatever delays and obstacles arise, (even though the waiting is annoying) because Mark is so savvy and has taken the time to improve everyone with a role at the company. It's hard to be nervous. Knowing everyone is doing the best job they can is all you can ask for. Interests between management and shareholders are aligned.

I always enjoy reading your posts pitcook. They're realistic and obviously you're not pandering to anyone.

That would be a dream come true for shareholders and management.

I would be more comfortable if they had a money guy inside the company, or ties with a firm/fund that will make sure they get treated fairly. Lebby seems more knowledgeable about private equity. Public company valuations and support are different. That's why I was so hoping for a stepping stone backer. They can help with those types of negotiations, and starting them at $2-3 instead of $1.?? is probably better for everyone.

I don't believe there is any reason to doubt Lebby/Leonbergers interest and intent. I'm sure Lebby could make a living just investing in companies but from what I gather making financial investments is not something that interests him. Photonics progress is why he gets up in the morning.

I wish I had a supported post for every supportive email, text, and phone call I've had from investors who are not happy with LPC.

Feel free. I can easy defend whatever I have said here and I've left out numerous embarrassing Marcelli details. My knowledge of the company and what has went on predates any investment I have here.

Tom had some incidents that rubbed people the wrong way. Like when he was going to use his high level military clearance to help the company and then it turned out he had lost it and could not get it back. Opps! But it does not matter now because Leonberger brought Lebby to the company and the rest may turn out to be history.

Terry, I have not been able to read the board much lately. Are you attending the shareholder meeting this year? I suspect speaking with you would be enjoyable.

I don't feel like that has been made clear. A packaging partner was discussed. The idea of partnering was discussed. I believe many investors would enjoy hearing the company present how they foresee a better funding source coming in and acknowledge the importance of one. At the last SHM that did not really happen. Thank you for not implying that LPC is good, that is what I grow tired of. And I think you're right, I don't need to keep posting about LPC. Everyone is aware.

What I don't want to see is the company spend extra years with LPC while possessing the merit to receive support from a better source that would improve our credibility with the market and provide extra support beyond simply trading dollars for shares. Use them as a stepping stone along the way to where they want to get to.

I'm looking forward to getting clarity at the SHM.

Everyone I know with experience in finance doesn't understand why Lightwave continues to have their reputation tarnished by a company like Lincoln Park. Reputable investors, institutions and companies finance early stage technology every day. They are beyond that point.

Why make excuses for a company not seeking a better financial backer when they are using the lowest of the low?

Lebby is better than that, and I would like to think Lightwave and their technology is as well. Alot has improved in the past couple years. Unless I have misjudged just how unlikely/likely their success is, the backer should improve too.

When Lightwave does have LPC buy fresh shares it is almost always coincidentally when our stock is trading near a 52 week low. That time could be now. There is no way to say for sure. Raising ahead of the SHM so everyone is happy about their cash position could make sense to some of the management.

Slow reply, you know I've been busy dealing with that move. I'll find you a gold Pontiac Firebird ASAP.

I don't expect to see Joe Miller there. But Fred Leonberger, yes.

If you just phrase everything with a positive twist you can say almost anything without backlash.

I'm greatly looking forward to the SHM this year and meeting all the wonderful Marcellis' currently employeed by LWLG! We will be prosperous in the future! Perhaps?!


Actually, I am looking forward to seeing everyone who comes out for the SHM. It is always a great experience for me.

Walter has quite a bit of experience with early stage investing and has a calm, long term, and patient stance that should be admired. He also has a great deal more experience being inside a growing company and seeing how long it can take for beneficial changes to occur.

I did work for and was mentored by someone who had a long career on Wall Street at bulge bracket firms, raising money for large companies (example; they brought in Costco and took them public) and small companies (example; Dr. Mann of Mannkinds other biotech ventures). I learned quite a bit. I don't work for anyone now and stock income and a unrelated small business I started take up most of my time.

However, since I post on a message board my thoughts and opinions on financing matters should be taken very lightly. LOL

If they stopped using LPC there would be no need to paint the close. Fighting the tide of indifferent dilution would be a thing of the past.

Agree. In regards to what you hear, there is no rushing the financing and Mark can't really do anything to stir up the potential participants. I would try to keep questions and calls to Nio at a minimum.

No. Not at all. There is a considerable amount of space between "pumping the story" and doing nothing to spread awareness to new investors or anyone in the financial community. Maybe these are less important tasks and beneath Lebby's time but it could still be handled with thought by less important people. Lightwave needs a hard worker in IR, someone thinking and beating bushes on a small scale. Have Steve Cordovano find better funding sources after relieving him of sending PR's out one by one. We know Steve likes to find funding... He has vastly more experience than Marcelli in this area.

The shareholders aren't getting free options. We suffer the dilution that comes with this poor handling of a major part of being a public company. The company has a good story, tell it. I'm not interested in sitting here and waiting, making excuses and hoping the market figures things out on their own.


Inversor,did you ever think LWLG management made a well thought out decision not to pump the LWLG story? Maybe our ultimate audience is our very large potential customers and partners. The larger investment community will stand up and take notice once a very large technology company decides to adopt LWLG tech. I think we are getting close. Probably later this year or early next year. First LWLG has to learn to walk before it can run. You have to be patient.

LPC has only invested in one company that did really well for any length of time. Anavex. When Anavex took off and stock authors started to pay attention the focus was on how negative it is having LPC involved.

One example.

https://medium.com/@jfindallas/the-secret-to-making-2000-in-stocks-overnight-the-anavex-story-342be9c7e5e6

If Lightwave management has any common sense they'll ditch LPC before their moment in the spotlight comes.

Lebby told us to buckle our seat belts...

If true, that would be a major catalyst.

Sadly, I agree, it is clear that even message posters have better ideas than our management sometimes in regards to financing methods. Perhaps we should consult Marcelli's son, or one of his other relatives about these financial matters.

Lincoln Park finances weak, struggling companies. It tarnishes Lightwave's reputation having them involved. They were appropriate when Tom and Jim were trying to figure out what to do with inconsistent material while the LSS was walking away from them. The future was dim. Lightwave has a great story and storyteller now but makes no effort to tell anyone outside of these obscure tech conferences. They can't even get PR's out correctly.

At Lightwave they think an actual capital raise is voodoo only done by NASDAQ listed companies. Meanwhile, it happens every day.

Many shareholders' politics and bank accounts are in severe disagreement with each other.

Trump is the best thing that's happened to NioCorp in the past two years. This new push on import tarriffs would never have happened with the alternative candidate.

I kind of feel the same way. Staying active on the board while waiting for financing makes it seem like it's taking even longer.

Man, I would have never guessed Largo would end up being the best performer out of the three.

Hopefully I'm over this flu by May.

This year I'll be asking why we are still using LPC to finance the company.

Ha!

Laser Focused on the Big Picture

Company slogan material right there. Jim pitched it at the last board meeting.

It is understandable that investors confuse Lebby as "a big picture guy." Our past 3 CEO's didn't understand how devices worked or the markets they were attempting to exist in. They didn't even know what direction to look in order to see a picture. But, they were smart enough to know that Lebby should be the CEO.