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That is all you got from what I just posted about LWLG. This was not about new news it was about how many times in the past they had said they are close to commercialization and working with potential partners. One was from Zelibor and the other from Marcelli now we have Lebby saying the same thing. Thats is my point.
June 2009 article.
Lightwave logic completes private placement.
We are pleased to complete this offering, which enables us to move forward with a number of initiatives over the coming quarters, says Jim Marcelli,CEO of LWLG. We remain on target to complete the prototype phase modulator-- our next generation Electro-optic materiall platform-- in the third quarter of this year. At the same time, scientist at major universities continue critical independent performance testing and material characterization of the platform. FINALLY WE EXPECT TO BUILD FUNCTIONAL PROTOTYPES OF 40-Gbps AND 100- Gbps MODULATORS DURING THE FIRST HALF OF 2010.
This was 10 years ago. I can do this all day. So I have every right to take what LWLG says with a cup of salt and have my doubts and every time a new CEO came on board the previous one was a liar.
March 2013
LWLG - Lightwave Logic Moves Closer to Commercialization.
Desperate to return to the $2 dollar level where the shares traded at nearly one year ago. Lightwave Logic, Inc announced last week that the company finally delivered prototype devices to its POTENTIAL MICROELECTRONIC PARTNER. This is a article written over 7 years ago. Pretty much sounds like the same thing we are hearing now.
People invested at different times. I know I'm one of the first. This is were my frustration and anger comes from. When they needed money and did raises at UCMT office what they told us to get us to invest never happened and at that time they would put out great news at least once a month and always had new developments to report. Once they signed that horrible deal with LPC and didn't need to raise money all the regular updates and great news dwindled. Now we are lucky to get a update every 4 months. On my second raise around 18 years ago I was told the molecule is complete, test results are great and DEALS will be signed with big names we all know. NDAs wouldn't give names. Sound familiar ??? So they can say and put out whatever news they like but until they sign a deal, partnership or start generating revenue its nothing I haven't heard from them before. -- navy contracts-- corning contracts-- The early guys know what I'm speaking of. Wont be surprised if this get deleted in 5 minutes.
Shocking !!! With supposedly so much happening. No updates on the progress of final stages.Hard to believe 6 going on 7 months since Lebby said its DEAL time expecting low, medium and high volume orders and nothing said since. Where is the orders ??? Where is the deals ??? All the CEOs would make bold statements and not back it up and time would just go by. Heck most of the news posted on this board is 6-9 months old. .68 cents per share and 30,400 volume today. Well at least they updated the ever so important website because most people will only invest in a company with a fancy website not sells or revenue. Hey they haven't developed a product to sell or generated 1 dollar of revenue in 19 years but did u see that website and that award. I'm all in !!!!
That should be the least of your concerns.
Don't worry PIT as you know its deal time.
I thought he said he was PERFECTED ??
Did Lebby give any date or time frame for this DEAL. Its been at least 5 months since he made this statement. Its starting to look like he is the only one thinking its DEAL time and last I heard it takes 2 to make a deal.
LWLG doesn't even know the answer to that question. Marcelli said there would be revenue 5 years ago.
He most likely signed one of those iron-clad NDAs. No worries. We know LWLG doesn't break them.
How many people here were involved in the first raise before they were trading under the symbol TDON ?
I understand why investment firms are not buying in due to the requirements you have listed. Im just wondering or concerned why the Tier 1s who have had access to our product for some time now and are at the final stages are not investing in LWLG.
I said in the past one was purity. I did not say that was the issue now. T
Not sure what the issue is now but in the past ONE was purity which was causing tech issues.
I know most of the skeletons and negatives swept under the rug. That's why I question and doubt what we are told and not take it for face value. They will always give you the great news and data numbers about the polymer but leave out the negatives data or issues. I know this for a fact. That why no one is buying in or deals have been done yet. There has to be a flaw that is the only thing at this time that makes any sense. If it was the worlds solution, the holy grail of polymers, perfected and everything we have been told this stock would be through the roof. We have been working with Tier 1s and FINAL STAGES for a while now and the news of this ground breaking, disruptive and the worlds solution to data transfer and energy saving has not spread to the masses ?? I think its TRUTH TIME. Just think about it when was the last time or ever we got a detailed data testing report. It always just 1310NM and energy usage.
Does anyone even know how many employees they have ?
Marcelli could not sell LWLG to investors so he signed with the Devil. No one liked the deal in the first place. I remember all the grumbling in DE thats for sure. LPC never had any intentions of giving LWLG millions of dollars and sitting on the shares waiting for the DEAL. Every time the price is over the offering they will dump. This has been a gold mine ATM machine for them.
Hardest I laughed all day. Good one
Curtain number 1-2 or 3 lets make a DEAL !!
Don't forget methanol cocktails.
Funny. The website got me excited !!! Don't know about anyone else but I would of had the 1310nm flashing in red on the homepage and its significance to the tech world but what do I know about marketing.
Did u forget a couple 0s on that $7,000. Heck most of us have way more then that invested in LWLG.
It was almost 3 bucks 5 years ago or so. A lot has changed. If they would just move forward with a product like they say they would do years ago and generate revenue they would not have to rely on LPC to keep running and the buying that would generate it wouldn't matter the dumping from LPC. They aren't given anyone a reason to buy. If a new investor went back and researched all the press releases and corporate updates they would just see over the last 18 years they just keep making new molecules without generating any income from the others. Business wise that make sense. I still don't understand why they haven't produce income with all the other ground breaking holy grail molecules while producing more efficient ones like most companies do.
Why is it when LWLG says immediate-term on updating their website you wont be holding your breath like you dont believe or trust what they are telling us but everything else is 100% truth from their camp. Thats how some of us think and feel about the other stuff they keep telling us and we are beaten up for it.
What did I tell u was going to happen? Go read all my post and tell me if I was wrong with my predictions. We will be in the high 50's soon and when its drops to the mid 50's. the NDAs (LOL) wont matter and they will suddenly have a press release.
I get that the website means nothing unless you can go to it a make orders but we have nothing to sell. To me its just another part of the business they said they were working on and has not been done.
Proto when did u first invest in LWLG ??
Its like a participation trophy for soccer. That trophy is worth more then 10 shares of LWLG though. LOL. If everyone respects Lebby like we keep hearing over and over and he has publicly stated many times that we have done the impossible and recently have PERFECTED the molecule something no one else has been able to do over the past 40 years. Where is the interest?? Do they not believe him? The Tier 1s have had plenty of testing time to come to a conclusion. Their labs have to be 10 times better then ours and many more employees. What could possibly be the hesitation of the big boys to pull the trigger? It cant be perfected or their is a issue and i know from the past that negative developments can get buried.
So far none of the big boys believe its worth investing in yet..
I said they put out good news right before the ASM which they did. What u just mention and the rest of the year we get cut and paste corporate updates and 10qs. If anyone is bored today go back and compare each 10q and corporate update. Very similar in contexts. Whats really ridiculous is we perfected something the industry has been trying to do for 40 years and we are trading at .68 and no one is jumping on board. I've seen companies scooped up for much less. Tier 1s can't see this yet after all this time testing?
When people were adding shares in the 80s and 70s. I said dont worry u will be able to add in the low 60s or high 50s. We will get there before we get to 1.00. They always pump out some good news before the ASM price goes up 20 cents and the rest of the year nothing but corporate cut and paste updates.
Once Fred became ill and dropped out. They pushed everyone out. Fred was the brains of the operation.
Marcelli is just a glorified check writer. He did nothing except that caustic deal with Lincoln. I met with Marcelli many times in Delaware when he was CEO. He was more excited talking and showing me pictures of elk in his back yard then LWLG. He speaks with no confidence or conviction and 75% of what he told me didn't materialize.
My son could update the website in a hour. Even the simple thing companies do on a regular basis LWLG can't do. If you want to be one of the big boys start acting like one.
To make a deal you need another party that wants to make a deal with you. Lebby can say its deal time all day long but no one seems willing to make a deal with him or LWLG. He said LWLG expected low, medium or high volume orders back in January. You can blame COVID or whatever but if they really have the solution to everyone's problems they would be kicking down our door and opening up their checkbooks. Let face it we may be working with Tier 1s but so far they are still not convinced in our product or it has flaws. If Tier 1s have really been working with LWLG as long as we have been told and are at the final stages they should have enough data/information to make a decision on a deal. This isn't drama TV where the clock has to tick down to the final second of testing to know if it works. Please don't tell me Lebby is playing hardball. A .70 PPS - OTCBB- no revenue- sales- and has to sell its soul to LPC to keep the lights on is going to play hardball with the big boys. LOL
I know commercialization will take time with a new product but didn't Lebby say around 5 months ago it was deal time?
I think they have NDA with the MZ group and website.
They wont tease us again until a couple weeks before the ASM or when it drops down into the 50's which it will.That has been their pattern every year. With NDAs or without there is many ways to give progress and updates without breaking them. I would believe that Lebby is smart enough not to sign a NDA that forbids him to give updates/progress on everything not just Tier 1s
I'm far from being a expert in polymers. My last chemistry class was in college in 1991. My point is in over 14 years I've been in the same room with all the CEOs, except Lebby, Fred and Andrew many times and a couple times I met with Marcelli at the Hilton where he stayed when he would fly in. I held the first green polymer in my hand that I was told was the holy grail and once testing is complete, pretty much what we are hearing now, Tier 1s will sign deals. That was from the first CEO I cant remember his name its been so long but his firing has a good back story not related to TDON which was the companies trading symbols back then.If half of what they told me was accurate we would have been millionaires years ago. I could give many inaccurate statements prior to Lebby. The only misleading statement Lebby said was fasten your seat belts. Maybe I took it the wrong way but most people understand whenever someone says fasten your seat belts-- its means take off time and enjoy the ride.