more on SEC Disclosure Laws and Regulations... the sentence in Bold/Underline is the part that makes me wonder if we know everything re potential offers??


SEC DISCLOSURE OBLIGATIONS
SEC regulations require publicly owned companies to disclose certain types of business and financial data on a regular basis to the SEC and to the company's stockholders. The SEC also requires disclosure of relevant business and financial information to potential investors when new securities, such as stocks and bonds, are issued to the public, although exceptions are made for small issues and private placements. The current system of mandatory corporate disclosure is known as the integrated disclosure system. By amending some of its regulations, the SEC has attempted to make this system less burdensome on corporations by standardizing various forms and eliminating some differences in reporting requirements to the SEC and to shareholders.
Publicly owned companies prepare two annual reports, one for the SEC and one for their shareholders. Form 10-K is the annual report made to the SEC, and its content and form are strictly governed by federal statutes. It contains detailed financial and operating information, as well as a management response to specific questions about the company's operations.
Historically, companies have had more leeway in what they include in their annual reports to stockholders. Over the years, however, the SEC has gained more influence over the content of such annual reports, primarily through amending its rules on proxy statements. Since most companies mail annual reports along with their proxy statements, they must make their annual stockholder reports comply with SEC requirements.
SEC regulations require that annual reports to stockholders contain certified financial statements and other specific items. The certified financial statement must include a two-year audited balance sheet and a three-year audited statement of income and cash flows. In addition, annual reports must contain five years of selected financial data, including net sales or operating revenues, income or loss from continuing operations, total assets, long-term obligations and redeemable preferred stock, and cash dividends declared per common share.
Annual reports to stockholders must also contain management's discussion and analysis of the firm's financial condition and results of operations. Information contained therein includes discussions of the firm's liquidity, capital resources, results of operations, any favorable or unfavorable trends in the industry, and any significant events or uncertainties. Other information to be included in annual reports to stockholders includes a brief description of the business covering such matters as main products and services, sources of materials, and status of new products. Directors and officers of the corporation must be identified. Specific market data on common stock must also be supplied.

meant to say looking for Q2. 10-Q as soon as Monday the 10th...

Companies that are privately owned are not required by law to disclose detailed financial and operating information in most instances. They enjoy wide latitude in deciding what types of information to make available to the public. Small businesses and other enterprises that are privately owned may shield information from public knowledge and determine for themselves who needs to know specific types of information. Companies that are publicly owned, on the other hand, are subject to detailed disclosure laws about their financial condition, operating results, management compensation, and other areas of their business. While these disclosure obligations are primarily linked with large publicly traded companies, many smaller companies choose to raise capital by making shares in the company available to investors. In such instances, the small business is subject to many of the same disclosure laws that apply to large corporations. Disclosure laws and regulations are monitored and enforced by the U.S. Securities and Exchange Commission (SEC).
All of the SEC's disclosure requirements have statutory authority, and these rules and regulations are subject to changes and amendments over time. Some changes are made as the result of new accounting rules adopted by the principal rule-making bodies of the accounting profession. In other cases, changes in accounting rules follow changes in SEC guidelines. For example, in 2000 the SEC imposed new regulations to eliminate the practice of "selective disclosure," in which business leaders provided earnings estimates and other vital information to analysts and large institutional shareholders before informing smaller investors and the rest of the general public. The regulation forces companies to make market-sensitive information available to all parties at the same time. Dramatic and sweeping amendments were made to the SEC's disclosure rules in the summer of 2002 with the passage of the Sarbanes-Oxley Act, often referred to simply as Sarbanes-Oxley, Sarbanes, or SOX.

Doesn't that raise the question of fiduciary responsibility to shareholders? How would we know if ML hasn't already received more than generous offers for the company and it's IP from Tier 1's? Does he have the sole discretion to make that call on behalf of all us? What is a fair price for everything? That is open to broad interpretation depending on who your asking? It is painfully clear that we don't have the funding to go it alone, last 10-Q stated current funds will last to Aug. 20' so looks like LPC is here to stay until he decides to accept an offer of some sort. I'm looking for 2Q 10-Q as soon as tomorrow.

Great response and is reassuring. These are the types of constructive comments I was hoping to invoke with my post. I'm grateful to have these discussions and thoughtful input from so many respected fellow investors.

Point taken, I would love to grab a beer w/ML in a cozy English pub someday, I'm suggesting maybe a lack of whatever gene it is that is missing from his DNA that screams "let's do this". His cool as a cucumber personality is surely a negotiating attribute, but very frustrating from an investors perspective because it comes across as yawwwwnn, if it happens it happens, if not then not. Playing hard to get will probably prove to play out to our advantage but so hard to endure when you been here as long as I/others have and just want some kind of ROI. Cheers mate!

Noncrystalline nature

Unlike semiconductors and dielectrics, which have well-defined crystalline structures that restrict their properties and device orientations, polymers have no intrinsic orientation. While less obvious than the performance advantages, this property can be exploited in device designs.

Note that devices made on the same wafer, or even parts of the same device, can be poled in various orientations as determined by the location of the poling electrodes. For example, the two arms of a Mach-Zehnder interferometer can be poled in opposite directions vertically to achieve push-pull operation from the same drive signal.

The noncrystalline nature of EO polymers also means that integration with other materials platforms is not constrained by crystal lattice matching or the need to do wafer bonding of dissimilar materials. EO polymers can be added to a variety of other wafer-scale integrated devices, such as silicon photonics, much the same way as photoresist. Figure 3 conceptually depicts three classes of hybrid devices: silicon plasmonics enhanced by polymers3, polymer/sol-gel waveguides4, and silicon-organic hybrid slot waveguides7.

https://www.photonics.com/Articles/Electro-Optic_Polymers_Improve_Speed_and_Power/p5/vo180/i1193/a65902

Just a laymen's observation...I'd have to think it would be rather tough to manipulate the molecular structures of most incumbent materials, where on the other hand, EO polymers are "engineered" to perform a desired task and fill a needed void that nature just cannot provide. Kinda feels like we've got an edge over Mother Nature. Now if we could just translate that advantage into $$$ we'd all be smiling. It's clear to me ML is an undeniably gifted scientist. My question to this board is, does he have the charisma (substitute your own adjective) to close THE DEAL? I don't have that answer, but the relentless passing of time (YEARS...CEO since 2015) without news of substance (a deal), suggests the answer is no. I'm not calling for his head on a stick, all's I'm proposing is bring in a dealmaker and give him any title you want to, reward him/her handsomely when they close the deal and let's finally make some damn money here. So how do we collectively make that happen? Weekend homework assignment :)

10Q should be out around the end of the week 8/9 ish? Friday morning would be nice for some updates, or could be Mon. the 10th too.

Karen Liu

Dr. Karen Liu joined Lightwave Logic in July 2018 as Vice President of Sales and Marketing. Prior to joining Lightwave Logic, she served as Vice President of Sales and Marketing of Kaiam Corp. Previously, she was Principal Analyst at Ovum, covering markets and advising vendors of advanced optical components and a broad range of other emerging technologies. Prior to joining Ovum, she architected DWDM networking products at Tellabs and IBM. She received a doctorate in Applied Physics from Stanford University in the field of fiber optics, and a bachelor’s degree in Mechanical Engineering from Princeton University.

from LWLG's Leadership Bio

Proto, very encouraging to see LWLG listed among such companies. It is about a 15 month old. document though, I wonder how far things have progressed since May 19'?

I had to look up IEEE and found this...
https://www.photonicssociety.org/who-we-are/society-leadership/technical-affairs-council

Karen Liu
Technical Affairs Council Member
Lightwave Logic, Inc.
: karen@lightwavelogic.com

Not to mention the complimentary attributes of the Mobileye aspect. I was very fortunate to have a nice sized position in MBLY when they were acquired by INTC, if they snatched up LWLG it would complete the circle for me:)

I agree, the video is very good, the best feature of the refresh IMO. I emailed Luke Zimmerman this morning: to sum up my comments in a few words, I said it's TIME for LWLG to put up or shut up, this has been dragged out to the absurd. Yes I'm venting:)

From the new Corporate Video...

"IT'S THE SOLUTION THAT DATA COMMUNICATIONS AND TELECOMMUNICATIONS MARKETS DESPERATELY NEED"

A bold statement, now we just need some evidence to back it up!!

From deaths door to superhero overnight... Kodak....2 days ago s/p closed at $2.73, today hit an intraday high of $60.00, maybe we should request a $700M + gov't loan, crazzzzy!

Ditto!

AMAT is taking some aggressive moves to reduce it's carbon footprint and support material innovations to get us through the next leg of explosive growth of the worldwide digital expansion...

"By 2030, there could be a half-trillion such devices "at the edge" of the digital networks driving business innovation around the planet"

Here's to hoping that LWLG will someday play a small role in this brave new "digital" world!

https://www.greenbiz.com/article/semiconductor-firm-applied-materials-puts-supply-chain-center-new-commitments

Thx proto

This is interesting....

DeepTechEngineering
@DeepTechEng
#photonics Scaling Up the Quantum Chip: MIT Engineers Connect Photonics With “Artificial Atoms”, created by atomic-scale defects in microscopically thin slices of diamond, with photonic circuitry, producing the largest quantum chip of its type.
____________

"The integration takes place on a photonic integrated circuit, which is analogous to an electronic integrated circuit but uses photons rather than electrons to carry information. Photonics provides the underlying architecture to route and switch photons between modules in the circuit with low loss. The circuit platform is aluminum nitride, rather than the traditional silicon of some integrated circuits."

____________

"Finding a way to automate the process and demonstrate further integration with optoelectronic components such as modulators and detectors will be necessary to build even bigger chips necessary for modular quantum computers and multichannel quantum repeaters that transport qubits over long distances, the researchers say."

https://scitechdaily.com/scaling-up-the-quantum-chip-mit-engineers-connect-photonics-with-artificial-atoms/

First impressions are important. Refresh is marginally different from old site. The money paid to MZ Group could have gone towards a first class website as far as I'm concerned. If we were at $5, $10, $15 p/s I wouldn't give a rat's ass about the site....

Point taken,... it just feels stale, basic and minimal effort put into it to me. I guess I was hoping for a site that is a little better than one I could have done myself.

I like the Corp. Video, but unfortunately the rest of the refresh feels amateurish and half hearted. I understand budget was a consideration, but this is the face of the company to anyone doing initial DD and I think more money should have been allocated. I have to look twice to feel like I'm not just looking at the original site. I'm glad something was done but at this pathetic share price we needed a show stopper of a refresh to garner fresh interest and investor inflows and we didn't get it. Get the damn share price to a reasonable valuation and I'll be a hell of a lot less concerned with eyeballs to the website. The frustration never ends with LWLG....

"in any case, it would be interesting if LWLG would be a participant in this upcoming event on July 15th, 2020"

agree proto, we could really use a dose of news from any angle.

July 15th...would be nice to get a few crumbs to hang my hat on!

EPIC Photonics
@EPICassoc
·
18m
Photonics sensors, cameras and LIDARs are already part of advanced driver assistance systems (ADAS). This is just the beginning. Join us as we talk about the future of ADAS and autonomous driving, 15 July 2020 at 15:00 CEST, and register at http://epic-assoc.com/epic-online-technology-meeting-on-adas-and-autonomous-driving/… #photonics

@1.03 mark "we are bringing together the complete supply chain..." who's that in the middle of the Zoom box? hmm:)...

Any chance the goo is good for holograms? :) Take a peak at the WiMi Hologram Cloud Inc. (WIMI) move today...

14.63+10.79 (+280.99%)
At close: 4:00PM EDT
20.90 +6.27 (42.86%)
After hours: 5:48PM EDT


The Jack Ma affect, he didn't show up in person due to the pandemic but he did appear in a hologram message.

Hologram VR may now be viable due to 5G advancements...

jeeeeeze louise!

The meat and potatoes for me...

8. Potential Partnering
Here, too, we have to wait until one of the parties with whom Lightwave Logic works proceeds to the ultimate step of collaboration. This collaboration can go in various areas, from licensing the technology, to a technical transfer combining the use of Lightwave Logic's IP with the partner's IP in combination with advice and assistance from Lightwave Logic to make the technology operational. Ultimately, of course, a complete takeover may be possible, but given the multitude of markets that Lightwave Logic has solutions for, this makes it difficult to valuate the company. Lightwave Logic not only has solutions for telecom and data centres but can also be an added value for Lidar or the miniaturisation of diagnostic devices in healthcare. A big advantage is that Lightwave Logic can enter in every compartment of the supply chain. Lightwave Logic is part of the group of optical component suppliers and can partner with high-speed optical manufacturers (e.g. lumentum) as well as network equipment manufacturers (e.g. Cisco) and the ultimate consumer internet service providers (e.g. facebook).
Technical evaluation
Commercialization and production
For commercialization and initial income, management has internal models running but it is too early to make them public?

"The advent of EUV lithography has helped overcome some of the 2D scaling challenges, but at the same time it has brought to light other problems that are becoming more critical as transistor feature sizes shrink. In this blog, the first in a series, I will explore the issue of contact resistance and explain why it is becoming a growing impediment to transistor power and performance scaling—and why a breakthrough in materials engineering is needed."

http://blog.appliedmaterials.com/transistor-scaling-gated-contact-resistance

got my attention...

at the 7:03:20 mark...ML - "I think we're gonna see some big impact, so MAYBE LWLG polymers are the innovation the internet has been waiting for? I CERTAINLY THINK SO"...

I will be adding (again) to my position next week:)

"Third-Generation (LWLG)

Meanwhile, the scientists at LWLG continued quietly and
indefatigably toward the Holy Grail, the Fluted Stein. A molecule that was robust and yet which would vibrate more easily than the thinnest sliver of crystal. Once thought impossible,LWLG succeeded on their quest, producing today's third-generation of electro-optic molecules. LWLG scientists accomplished this by stabilizing the core of the molecule with interlocking atomic rings, much like crosshatches or the rungs of a ladder.

Third-generation electro-optic materials are even higher performing as electron oscillators. Their ring-locked shape gives them tremendous stability. Within these structures the electrons still vibrate easily, in fact they oscillate significantly better than within second -generation materials, yet they are incredibly robust due to their reinforced scaffold-like structure."

proto, could you please post the source for these paragraphs. TIA

Great observations re Peter!

Jose certainly didn't hold back his excitement...

"oh my God Carlos"
"when Carlos was putting the program together, there was no better person in the world to finish...than Michael Lebby" #man crush :)
__________
ML "1310nm is brand new"...

It appears the historical average timeline is about 2 years from Filing Date to Issuance Date, so I assume we can look to the end of 21' for this patent (if granted). No question ML is incredibly proficient and successful at the patent game, I only wish that would translate over to the share price! It's been said before LWLG will test your staying power like no other stock, I can speak with some authority on that matter!

https://patents.justia.com/inventor/michael-lebby

Always good to be getting the word out but frankly I've had my fill of presentations, webinars, speeches, World Tour's, interviews etc. etc. IT'S TIME TO PUT UP OR SHUT UP, sorry to be so harsh but I'd like something to come out of this before I go through the pearly gates... not gettin any younger!

Quickly approaching the 1/2 yr mark, my guess is by X-mas I'll be looking at another year down the drain, share price will be within .05 of where it is now and yes probably a few more patents under our belt, yes CV-19 slowed things down but it is time to put up or shut up, this is getting ridiculous. I get physically ill thinking about if I had only bought AMZN in 2004 with the same chunk of change I dropped down on LWLG, I'd be picking out the interior on my next 200' yacht while drinking a Pina colada on my private island. If we only had a crystal ball:) See you in Dec...jingle bells, jingle bells, jingle all....

Re tomorrow's EPIC Mtg...

With respect to EPIC, we were originally scheduled to attend the workshop and present. Given COVID-19, the full workshop is not happening and the event has been condensed considerably. Due to this factor, we are no longer presenting as a speaker, although, we will likely still attend the workshop portion and look to be more engaged next year.

Thank you,
Greg

Greg Falesnik
MZ Group | Managing Director – MZ North America
Direct: 949-385-6449
Mobile: 949-793-1424
greg.falesnik@mzgroup.us

Liking the sounds of this...

"This topic shines a light on photonic wafers as critical building blocks for next-generation networks, laying the groundwork for 5G deployment and high-speed data centers."

Industry related Webinar...

Topic
Tiny PICs with Huge Impact: Meeting the Challenges of Photonic Integrated Circuits testing for next-generation networks

Description
Optical testing at the wafer level is currently a major bottleneck in component manufacturing due to tighter tolerances in optical testing compared to electrical testing, accounting for 80 percent of the test and assembly cost of the final product.

Three industry innovators – EXFO, Hewlett Packard Enterprise (HPE) and MPI Corporation – have combined forces to address the challenges posed by optical component testing with advanced, interoperable measurement techniques.

In this webinar, you will discover how the collaborative EXFO, HPE, and MPI PIC testing solution addresses market challenges, making wafer testing faster, scalable, and more reliable, ultimately improving speed-to-market for component manufacturers. This topic shines a light on photonic wafers as critical building blocks for next-generation networks, laying the groundwork for 5G deployment and high-speed data centers.

Time
Jun 17, 2020 04:00 PM in London

https://zoom.us/webinar/register/1415873838625/WN_0Yt4GqOcSIePVDDmiUO4GQ?timezone_id=Europe%2FLondon

I'm not suggesting he tweets every ten minutes, I'm simply saying it would be beneficial for other potential investors, industry professionals, corporations etc. to have some basic information available for viewing that is carefully, thoughtfully maintained on the site by management. I realize allocating employee time to such a task may not be a top priority, but I do feel it is important enough to do so.

Yes, maybe a reshuffling due to the virus situation? I did send a request to Karen asking for some clarity, I will share any response.

On another topic, does it bother anyone else that LWLG doesn't maintain a presence on Twitter in this day and age where it has become such an important tool for businesses to gain valuable exposure and disseminate information to shareholders and the business community at large? Maybe it's just me, and yes I have expressed this concern to management more than once. I'm thinking MZ is just not gettin it done!