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It is what it is right???
All they have to do is changed the date from the last one.
Shocked no one has suggested because of a NDA they were not allowed to mention LWLG polymer. LOL
Its called no developments or news from this company in over 2 months.
Just another day in the life of increasing shareholder value per Dr. Michael Lebby.
The only reason we keep having this debate every day is because they haven't gotten in done yet and some are just tired of giving them a pass and accepting their excuses each year. I've seen 3 press releases in the past month from competitors of completed modulators posted on this board. The most recent yesterday.
He did state at the ASM that they missed 2 goals and of course they were the 2 most important goals we have been waiting for. He said 8 out of 10 isn't bad. It's on those slides he like referring to all the time.
To many people concentrating on the what if and not the what is. It's nice to hear Dr Lebby stating over and over how great LWLG tech is but until they prove to us that someone actually wants out technology it's just a never ending ubiquitous pep rally.
I'm done with all the clues, conspiracies and connecting the dots. We have been connection dots for 20 years and still haven't done it correctly.
Marcelli was just a cheap fill in. He was spouting out about meaningful revenue 12 years ago. He never delivered on any of his goals or projections. He definitely made sure there were no delays or issues with his paycheck, compensation and his most recent unearned bonus. I have all his shareholder letters so don't bother to challenge me on this or I will be posting his false misleading statements all day. Lebby has around 2 months and then he falls into the same category. People who have only been invested since Dr Lebby have no idea the BS we went through for 15 years with all the previous CEOs. That why we take everything this company says with a block of salt and not at face value or he said it so it must be true. That's what people use to say when Marcelli made his bold predictions/goals and we know how that turned out.
Wish the writer PR guy for Karen worked for us. Looks like he spent more then 10 minutes on that. That's more detailed then our shareholder letter.
Seems everyone is coming out with some type of news as we sit idle. 8 weeks of pure crickets.
I agree. A company that has not produced one penny of revenue in over 20 years and has been living off shareholders for a paycheck should not be getting bonuses like their salary isn't enough compensation for what they have achieved so far regardless of what they achieve in the future. Once they cross that threshold we have been hearing so much about then I would agree on a bonus.
The goal is before the ASM. Every time they give a goal it goes down to the last minute if at all like the foundry update squeezed in on the last day with very little details. Basically all good hang in there. I wish their updates were ubiquitous. So tired of hearing that word over and over and over without coming a reality. Record that just keeps skipping.
Been 2 months since we heard anything from these guys. Not sure what's going on. Poorly run if u ask me and not much respectful to shareholders. I guess I need to host my own conference to get Lebby to speak for a price
I wouldn't considered it a privilege more of a waste of time. Like the years he wasted a CEO.
More like the BEAR LEBBY
I had many one on one to except Lebby. If half of what they told me came to fruition this would be a 500 stock by now. Marcelli was the biggest smoke blowers of them all. Fuse has been lit for 13 years. Very Long fuse !!!!
That is a correct statement at this time but Marcelli had over 15 years to purchase shares and Lebby had over 5 years to purchase shares. Heck when Lebby bought a 1,000 shares last year the legal window must have been open to buy. Marcelli didn't even pony up that much. Let's face it they just do not want to use their own money to buy LWLG shares.
Most executives and employees get shares as compensation and don't buy shares but CEOs and COO usually purchase shares of their company.
Yea I guess there is no material events or insider information conflicts when it comes to handing out bonuses.
Jim Marcelli has been involved with LWLG for 15 years. We go months without any significant material news event. He has had plenty of time to legally purchase shares.
If Dr Lebby and Jim Marcelli both bought 250,000 shares today. Investors would take that as a great sign and would generate a buying frenzy. With this low volume and the short interest the stock price would take off. Investors made a big deal about Lebby just buying a 1,000 shares.
Its not about helping the stock price it would show investors that the CEO and COO have confidence in their product and the future to risk their own money.
Jim Marcelli has not bought 1 share of LWLG in 15 years. There is no logical excuse for this.
Isn't that the rule with most new technologies.
FUTURE OF PHOTONICS
With 21.5% projected growth, the market during 2022-2032 is expected to reach 9.4 billion, According to the photonic integrated circuits (PIC) market research by FMI, the market is expected to be the HIGHEST REVENUE -GENERATING category. I like those odds.
Did u ever meet him one on one.
In his 2010 letter to shareholder he stated that they were tweaking their polymer for Teir 1 devices. I have a file folder with every shareholder update letter for the past 20 years.
They have been tweaking for Teir 1s since Marcelli was CEO.
But what if it can ?????
Same here. Sold some when high. Swore I wouldn't buy anymore but could not resist when it broke $4.00.
I won't sell all my shares
Not me May is my last goal post.
70 trading days for Lebby to ink a deal or doesn't really matter.
I understand that he couldn't address everything but has as a CEO his job among others is to increase shareholder value and protect LWLG reputation. That report dropped us from near 12 down to 4. They saw this and responded the way they did was weak like it wasn't worth their time.
In Teds defense I also thought the response from Dr Lebby was weak. He basically just said it was false and they are on track to meet their goals and no counter response that I think a lot of investors were hoping for. Kerrisdale attacked all test results and basically stated our results are no better then what's currently out there today. They basically ripped LWLG a new one. He has plenty of time to attend all these conferences I wish he would of spent more the 10 minutes on his response.
Your right Lebby has till May to deliver. If not then he did mislead us like Jim Marcelli did when he was CEO. Marcelli never hit a goal he stated.
Looks like we had a deal for about 15 minutes.
With any NDA you can give information that does not violate the specifics outlined in the NDA. I have signed at least 7 and have had one's drawn up by my attorney. They have already mentioned they are working with Teir 1s which we have a idea who they could be so the NDA probable won't let them tell us the companies name. Same with the foundries. So what's keeping them from saying that they have completed a modulator for a Tier 1 and here are the rest results. They have been saying for years they are tweeking and getting positive feed back from Teir 1s. He says alot at the conferences and has a slide with around 30 Teir 1 companies logos. Don't really see the difference. I'm sure Dr Lebby is intelligent enough to provide shareholders with information without violating the NDAs.
Well one of the NDAs was with LWLG.