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Xena, fortznt uncovered this :
https ://www.project-dynamos.eu/project/
This European consortium which includes Lightwave’s partner SiliOrix and prepares the introduction of 6G includes Huawei as well. For Huawei to participate it may have to have a legal set up in Europe and the USA . Don’t know the political implications. Would be good to see if the US considers the LWLG technology critical. Having Huawei in the line up is huge from a business and shareholder perspective of course.
Thanks Xena et. all . Seems they had a meeting this morning and the boss wasn’t happy. Thanks for keeping the fort.
Looks like the EPIC meeting location is hosted by Michael Lebby at his roof top terrace in San Francisco. Impressive list of visitors.
Nice Sunday morning read. Thanks Forzrtnt. Dynamos, a European wide industry initiative!
Given that SilOrix is involved which uses LWLG organic material and given the described performance parameters I would conclude LWLG is involved. Just look at the device drawings with E/O substrates. The small footprint/ form factor etc.
The timing and establishment of the cooperation before ECOC Basel and the SilOrix world record announcement using LWLG’s perkamine seems to support that conclusion. The EU grant of 4.6 mio doesn’t cover the total cooperation requirement of 6,2 mio. Wonder if Lightwave’s $ 600 k payment went here? This cooperation is to support the European roll out of 6G! Huge. Another important tip of the veil is lifted.
Thanks for article. Interesting.
I don’t think you should read too much in this. It’s a precautionary action to allow time to organize shareholder meeting. Still waiting for SEC approval but SPAC ends 31 March. Makes sense to avoid unnecessary time squeeze.
A bit more history to see what if history would repeat itself ?
Intel’s former famous CEO Andy Grove once said: “Only the paranoid survive .
There is at least one point in the history of any company when you have to change dramatically to rise to the next level of performance. Miss that moment - and you start to decline."
Don't worry he is laser focussed to deliver on his promises. I am of the opinion that shorting a start up as if it were an established company is just plain stupid. I understand the justification behind shorting ( although many countries outside the USA forbid shorting and didn't buy this justification) ).Everybody has to live within the bounderies of these legal constructs. However it is clear that the practice of shorting has led to perversion of the system by introducing naked shorting ( which is illegal) but practiced at enormeous scale by an intransparant system run in a different universum from the regular stock markets.
With Jamie Dimon Davos remarks on more interest hikes he hopes to talk markets down. Higher interest rates are good for JP ‘s bottom line and lower share prices good for higher transactional income through shorting and of course helping to keep inflation down. What a philanthropist !
Thanks Walter. I told Lebby before in public that it is his fiduciary responsibility to protect his shareholders from these illegal naked shorting practices. It’s also his operational responsibility to make sure the companies ability and capability of funding are not compromised. Shorting is of course impairing this capability. I am happy to see that these practices are getting the broad shareholder and victimised companies attention they deserve. Criminal prosecution of the executive officers could indeed change these practices for ever.
Correct . There is a hierarchy in reality and delusion based on differences in time and money. There are financially stretched and wealthy people, impatient and patient people, traders and investors. Each stratum has its own reality and delusion: highest stratum are wealthy, patient investors and the lowest stratum in the hierarchy are poor and impatient traders. Of course in between you have rich, impatient traders and not so wealthy impatient investors. In fact you can also make a hierarchy based on stress and anxiety levels. So yes, each and everyone has a perspective ( an idea of reality and delusion) . My perspective is an investment perspective, the enormous value potential.
With so much positive milestones forthcoming in the next few weeks nobody will sell. Trading volume is very low lately. Some here are trying to create some volatility, but don't seem to be very successful.
Xena, with its low float Lightwave is not that interesting for market makers. Market makers live on buy and sell transactions: volume. If there are little buys, they might engage in shorting to create these transactions. Market Makers are not interested in the company as such, only in the company as a vehicle to increase volume transactions and mm’s margins.So dividend maybe a way out for Lightwave to reward shareholders in future, but increasing the share count to existing shareholders maybe another route.
Exactly. Investors who trade infrequently or in very small quantities may not feel the effects of their brokers' PFOF ( pay for order flow ) practices. However, frequent traders and those who trade larger quantities should learn more about their brokers' order routing process to make sure that they’re not losing out on price improvement.
Especially brokers who offer free trading platforms are for their income and profit completely dependent on PFOF. Best choice is a Bank or Broker with direct access to the Exchange in stead of through a Market Maker.
Let me try to anwer that to see if I understood what I just studied. No, there is nothing you can do! What happens between you and your broker is not the trading of registered shares. The certificates are in a different organisation/ fault/ place and in fact are completely detached from the day to day trading.
The brokers therefore operate in a different uncontrolled universum with own practices like algos, naked shorting, clearing, accounting. Prime Brokers can create as many digital shares as they want and even operate their own hedgefunds. What you own are digitalized non registered shares and we are completely in the hands of the big Wallstreet banks. Since shorting carries high risk and small margins ,algos help to make pricing it more predictable . Well informed retail investors who stay the course and companies which deliver have the biggest chance to escape this suffocating and unlawful practice.
Xena, thanks a lot.
Xena, who backs up the short who fails to deliver? The market maker I presume, assuming its not a naked short?
You said: "They’ll continue to drive the share price down over the next few years and gobble up more shares." But so can we fortunately.... Nice try!
Thanks Walter! Scary stuff. There should be no tolerance with this evil practice and its willing and collaborating folks. They should enlist them and send them without further training to the frontlines ‘you know where’! It’s the worst white crime corruption of our time!
Thanks Chico, great digging. Mark Smith used to say : " We are in the sweet pot ! " It may finally well fall into place, a lot of political capital to be created as well.
Just for some of the readers MP materials also used a SPAC to get listed and to receive cash 450 plus Mio. Government funding for its processing unit was halted because of 'China liason' concerns on the Hill. Just look at the share price development of MP. Niocorp will offer so much more in terms of strategic minerals and US processing opportunities.
This new REE discovery in Sweden in an old iron ore mine is getting minute long full national TV coverage around Europe. It’s like a hooray moment: “ We fortunately have now our own European REE resource, be it accompanied with a cautionary note that it can easily take another ten years to get the necessary permits and with the message that environmental issues need to be resolved!” We might have to recommend that the Swedish team visits Elk Creek to learn how to solve these issues diligently! Yes Walter, I agree how lucky we are that we invested in Elk Creek 10 years ago!
Just read commentary on Intel's roadmap and innovation presentations:
Intel Roadmap and PC TAM Update – Tone Deaf, Out Of Touch, Living In a Fantasy World, or Disconnected From Reality?
SemiAnalysis <semianalysis@substack.com
Yes. Because of manufacturing simplicity and compatibility with CMOS it allows the foundries to enter a new and growing market : silicon photonics.... and in the process
satisfy their biggest customers ' dream' performance, power efficiency and reliability ....
Moreover given the very small form factor of Lightwave's modulators ( versus all the other photonics contenders) more chips / modulators can be placed on a wafer greatly enhancing production efficiency. All of this allows foundries to do what they aspire most: more wafers.
You heard that very well.
Th, you are correct. Great to see you keep your wits and composure. Respect towards other people is a virtue which apparently disappeared amongst some pretty narcissistic, egocentric millennials. Name calling and labeling seems best they can do.
Pro, that's station Lightwave passed months ago. I agree. The only discussion and speculation which is left here centers around when and with whom. The Lightwave proposition is compelling across the supply/ value chain.
For me one of the most important parts of the presentation was that foundries understand that with Lightwave they can jump onto the new photonics bandwagon and at the same time increase (photonics) wafer production . The very small form factor enables to put more devices on a wafer allowing much more efficiency ( than the 'mix and match ',' good enough' propositions of the competition). One of the biggest hurdles getting into foundries is time, money and adding complexity to CMOS without getting the appropriate return. Lightwave solves that issue.
So Lightwave exceeds the final hyper scale data expectations in terms of performance, power and reliability, but offers the foundries ( big and small) a profitable business opportunity as well.
Great. I think Jim's presentation is a testimony to the professionalism and unique mining experience this management team brings to the party.
Chico, I watched the video and the Sims presentation to the Committee. Strong argumentation. Kind of reminded me why the project took the time it did to get all the approvals and permits. Exemplary project management. Great presentation, thanks a lot.
Ever heard of US high tech export/ import restrictions ?
https://theprint.in/opinion/us-is-winning-tech-war-with-china-high-technology-is-national-security-issue/1268327/?amp
"I am thrilled to discuss not only how electro-optic polymers have enabled a new generation of modulators with unrivaled performance, but to discuss lessons learned in the scaling of PICs for volume production alongside an incredible roster of industry experts," said Dr. Michael Lebby, Chief Executive Officer of Lightwave Logic. "The 2023 Photonics Spectra Conference is an exciting, prominent event that brings together some of the best minds in the industry - I look forward to providing an update to their large base of industry attendees as well as to our valued shareholders."
KCC, saw your excellent and well thought through value potential analysis on Reddit. Very conservative, but it just shows the staggering potential of Lightwave Logic. I hope people here will take the trouble to read it.
Shorts are currently operating under the protective umbrella of the off exchange purchases by institutions. Sometimes 45% daily. Off exchange trading is supposed to take out wild share price swings and to protect retail investors, but it is clear that this institutional privilege can be used to dampen the price movements or keep the prices low in an accumulation mode. Market Makers need availability at lowest cost to create positive operating margins, create liquidity and deliver shares to the institutions. Talking the share price down is in the MM’s interest, given the very limited availability of Lightwave shares and a ridiculously low float. Sometimes borrowing shares from institutions can help to keep the price down. We will see the new institutional ownership, but it’s clear that institutions have continue to accumulate in a down market, which is very good news in itself of course. My Fintel calculations put them at 32.7 Mio now. Tax selling has given the MM’s extra ammunition the last two months. The outstanding short position is now close to 20 Mio now, an anomaly for a company with massive value potential. It’s clear that this trading pattern is likely to continue, be it ever so harder, until a commercial deal (with recurring ) revenue impact will hit the market unexpectedly between now and May 2023. The good news is that it will happen and institutions and longs will win the World Series. Shorts will be mortified with what hit them. They need to find 20 mio shares. Looking at the messages here, it’s obvious the longs here have the better team and batters. Keep them coming my friends. Have a nice Sunday.
Thanks Landmark. Registration SEC 8 November, we must be close to approval.
That’s a picture says more than anything. I will send this to my friend shareholders. This carbonite is huge. Much more than the current 38 years mine life.
The merger was signed off by the GXII and Niocorp Boards on the 26th September 2021. A two to three months SEC approval process seems normal upon the SEC receiving all necessary documentation. I know that this merger was scheduled to be finalised 1 Quarter 2023 including shareholder approval. Wonder when SEC approval can be expected. I assume before the shareholder vote, in other words any time now?
There are many questions by some frequent messengers about the viability of Lightwave, but I haven’t seen anybody posing the question why institutions keep accumulating Lightwave shares, a development and pre - revenue company. Could it be that whenever institutions use their intelligence network ( like some of the photonics specialists on this board do ) they encounter Lightwave’s name or aspiring performance specifications?
Please bear in mind that …. “ The United States is something of an anomaly in that most other countries outlaw nearly all forms of short selling. This is likely because short selling involves traders selling stocks that they don’t actually own.”
Europeans don’t sell short. So the pool to cover any shorted shares is probably not more than half the overall retail ownership or 40 million shares at most.
Exactly. It’s a multifaceted process as Lebby has been explaining all along with various constituents in the supply chain from material to devices to systems to end users.. Once all the boxes are checked off we are at our destination. Just to put some context on development time. It takes Intel around 24-27 months to move from ideation to production for a new chip. So May 2023 for our first partner deals means this complete process started somewhere early 2021.
Can you imagine sitting in your car and your kids asking all the time:
“ When are we there, why is it taking so long, are we driving in the right direction and again ….why does it take so long, when will be there, I need to pee! “ If you haven’t understood where this is going and what the first stop over is , nobody can help you. I would recommend you tell your kids to “ shut up, we are almost there!”
So… total float 112 Mio shares
Institutions. 32.7 Mio
Retail + insiders. 79.3 Mio
Shorts. 19.2 Mio
I would say retail left is hard core. Institutions need to accumulate. Means 19.2 Mio shorts and 23 Mio additional Institutions ( to get to 50% ownership) or 42.2 Mio need to come from 79.3 Mio retailers. It’s getting tight. Right? Wonder who will pay the ferryman?
To all of you here a fantastic ride with Niocorp this year. I really believe we are close to some good company news. For you Chico special good wishes and a great thanks for all your good work,