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quick, somebody call a plumber!
looks like we've got a leak here
I can hardly wait for all the connect the dotters to come back in force if this run continues
and of course the whiners will still whine but it won't be noticed as much
or this could just be much ado about nothing
hoping we see a blazing red hot pr tomorrow, that's my preference, lol
management cannot disclose information to a single investor as you well know, they must pr any significant info to all investors, I don't think anywhere it says EMP quit Lightwave, since we were paying them my guess would be that Lightwave quit EMP
Tom told me that EMP was doing the work very cheap. Far from what a regular customer would pay.
wow, inversor you got that from Tom, I have never talked with him, but if EMP was really a dirt cheap solution vs an expensive partner wanna be then something don't smell right with us dropping them so soon unless UCB is really hitting it out of the park
inversor, I am not so sure EMP is everything you think they are, from the EMP news page there has been no updates since 2011
http://www.emphotonics.com/company/news-and-events/
I still think UCB is achieving success so they quit EMP who probably wanted too much for their efforts anyways
I will say that mine, yours or anybody else's speculation on this is just that, and we will have to patiently wait to see if the glass half full people here or the glass half empty people here are more correct
six, I think that is the equivalent of the memo ensuing the fired employeee that reads "so and so is leaving to pursue other oppotunities" and that the real reason is that they couldn't strike up a deal that we thought was fair, and also possibly that the UCB efforts were progressing better than expectations and as such allowed them to cut bait early with EMP, jmho
prop, we did not have the IP in place nor the substantial funding that was necessary to score those field goals or touchdowns for the first 15 years of that 16 year period, wake up to the reality that what we have all been waiting for is unfolding now
x, so is it definitely a replacement of the 1st LPC agreement or is it possibly an additional agreement leaving the 1st agreement intact?
here's the confusing worded header,
Lightwave Logic and Lincoln Park Capital Enter into Second $20 Million Agreement
Wise
Nice! Thanks for sharing that from Steve as I was a bit confused on that particular terminology myself. I figured it was something along the lines of building blocks, hopefully will put those blocks together somewhat quickly, Tom has promised to keep us better informed with more frequent investor calls, I'm hoping for one soon
one thing is clear to me and I like it,
that is that these guys are doing it now for real, yes for real means spending big dough, real labs & equipment, real talent, etc
I am confident that it pays off, I am confident that the materials are superior and that we are down to engineering hurdles now, nothing more, and I think by end of 2013 all will agree
mark this post, you heard it here first, lol
prop, too funny, I have never talked to, emailed to, or in any other way communicated with management, I know there are some here, x, etc who are plugged in, so maybe one of them can get us clarity if others here are also confused on the old/new LPC deals
theroc, so this is a "replacement" agreement with LPC for 20 mil?
ok, but I would not have worded the pr header line as such,
Lightwave Logic and Lincoln Park Capital Enter into Second $20 Million Agreement
sure sounds like we are now in two separate 20 mil LPC agreements to me, but I can't imagine that to be the case really, so...
confused? so 2 LPC agreements exist concurrently now? and the 2nd one (today') does not have the same 1.00 floor for multiple days as the 1st agreement had? and why do we even need this in place when the 1st agreement still had close to 1 year window left and close to 14 million to fund? arrrgghhh , anyone have any/all the answers?
read the 8k here on new LPC agreement
http://www.sec.gov/Archives/edgar/data/1325964/000155335013000271/lwlg_8k.htm
Lightwave Logic and Lincoln Park Capital Enter into Second $20 Million Agreement
Lightwave Logic and Lincoln Park Capital Enter into Second $20 Million Agreement
Last update: 6/10/2013 3:52:00 PM
Lincoln Park Renews its Commitment to Stand Behind the Company with Greater Flexibility to Access Growth Capital
NEWARK, Del., June 10, 2013 /PRNewswire via COMTEX/ -- Lightwave Logic, Inc. (otcqb:LWLG), a technology company focused on the development of a Next Generation Non Linear Optical Polymer Materials Platform for applications in high speed fiber-optic data communications and optical computing, announced today that it has entered into a second $20 million purchase agreement with Lincoln Park Capital Fund, LLC ("LPC") that will provide Lightwave Logic with increased flexibility to access growth capital which should allow the Company to implement its corporate objectives, including full commercialization of its nonlinear organic polymer technology.
Tom Zelibor, Chairman and Chief Executive Officer of Lightwave Logic commented, "We are extremely pleased with the new commitment LPC has made to continue to support our Company. We have received almost seven million dollars in capital from the previous LPC agreement which we have used to build-out our laboratories; hire additional personnel for synthetic chemistry; and optical testing as well as establish a much more robust prototype device development program.
"While this does not preclude us from engaging other institutional investors it goes a long way to facilitate our efforts to commercialize our organic nonlinear polymer technology."
A more detailed description of the agreement will be set forth in the Company's Current Report on Form 8-K filed with the SEC which should be reviewed carefully.
About Lincoln Park Capital ("LPC")
Lincoln Park Capital is an institutional investor headquartered in Chicago, Illinois. LPC's experienced professionals manage a portfolio of investments in public and private entities. These investments are in a wide range of companies and industries emphasizing life sciences, specialty financing, energy and technology. LPC's investments range from multiyear financial commitments to fund growth to special situation financings to long-term strategic capital offering companies certainty, flexibility and consistency. For more information, visit .
Powered by Lightwave Logic
Lightwave Logic, Inc. is a development stage company that produces prototype electro-optic demonstration devices and is moving toward commercialization of its high-activity, high-stability organic polymers for applications in electro-optical device markets. Electro-optical devices convert data from electric signals into optical signals for use in high-speed fiber-optic telecommunications systems and optical computers. For more information, please visit the Company's website, .
a little refresher - Commercialization Efforts
On the commercialization front, we have made significant advances in our next generation non- linear optical polymer material platform including the ability to purify Perkinamine NRTM, achieving a crystalline structure with 98.9% purity, which is vital to be able to manufacture commercial quantities of our materials. In addition, in order to alter the molecule’s properties for expanded commercial uses, we needed to know exactly what molecular structures we were changing. We will follow the same process with the balance of our PerkinamineTM Family of chromophores later.
Through our collaboration with Dr. Alan Mickelson at the University of Colorado Boulder, we have significantly advanced our microelectronics effort using Perkinamine IndigoTM, which has given us the ability to make exceptional quality polymer films at specified thicknesses that are almost 50% thinner than what we have previously been able to achieve. We are presently testing the electro-optical activity and experimenting with different chromophore loading percentages to determine the effect on the electro-optic activity before we coat proprietary devices. It is critical for us to establish repeatability in our process prior to final testing by our potential customer.
The ability to make quality films was one of the problems that that we identified as a common denominator impacting our progress. We now believe that we have solved this and should reignite progress in some of our other prototype projects like the spatial light modulator that has been delayed for the same reason.
It is important for you to understand that in the process of commercializing our technology, there are various processes that we must master and I caution you to not misconstrue comments that can easily be taken out of context. For example, being done with the initial synthesis of a material does not mean we are done testing its characteristics and does not mean we are done with fabricating a device with it. Each device has its own particular specifications that can generate numerous engineering hurdles to overcome.
http://lightwavelogic.com/pdf/Shareholder_Letter_12-31-2012_Final.pdf
think of Lightwave being like 10yr old Calidoscopio in the Brooklyn Handicap, and we are currently crossing the one mile marker in our race to commercialize these materials and now we are increasing our pace...
let's see what happens >
Wise
Glad to hear you re-listened to the 4/4 cc, I have re-listened to it now several times in the past few days, and each time I get a little more out of it.
I've been here a long time and for many years it seemed like progress was truly at a snails pace and we put much of the blame on the fact that the IP protection was not in place yet. In the past few years I think the pace of progress has accelerated greatly. I think with the IP secured, these guys were finally able to raise sizable funds needed desperately to accelerate the process of commercializing these material. Think about it, we just recently finally could afford a real lab and necessary equipment, and now we have cleaned up the material to acceptable commercial reproduction percentage levels, and we have Lou in-house to accelerate getting the materials into devices, and apparently there is enough success in doing so already that we don't have to give up share to EMP who likely wanted a good size chunk of the action. I think it is impressive that we are now confident enough to fold up EMP at this early stage based on our own progress with UCB
Even little clues point to the confidence now, take for example at the start of the 4/4 cc Tom jokes after the forward looking disclosures that time is up for the call, I don't think he would be joking as such if things were not going well, this of course is just me reading between the lines, but I could point to several other such examples that tell me things are going well
TIME will tell, but I continue to be more confident now than at any other time in the past except for maybe pp 2009 when Turpin had 100+ protos which subsequently evaporated as they shifted focus away from the low hanging fruit towards the all optical materials because tests were so good in that direction, personally I think it was because they still had issues with the reproducability of the materials back then
keep the faith!
listen to Lou on the 4/4 cc at the 19 min marker he says "on the device side with the Univ of Colorado", listen to Lou carefully from about the 14 or 15 min marker through about the 20 or 21 min marker, I think his comments here are very important to understanding things now
theroc, having thought on today's pr for some time I agree with you that it seems the progress at UCB has been better/faster than expected to the extent that the EMP partnering is not going to be required now. I am very excited as the pieces seem to be falling into place, the focus is on devices, and we have Lou saying we hold all the cards, and we have Fred L saying he is very confident in the modulator expected performance, and we have Phil stating he is very familiar with the LSS (remember that relationship goes back over 2 years now) and we can expect revenues along the progress path of a design-in which is consistent with Tom on the investment house presentation saying revenue stream could begin in 2013
I think we will be getting more pieces to the puzzle falling in place in the coming months and this will provide the clarity all here so badly want, I think these guys will succeed, just need a little more patience now, lol
if you look at just the 2013 chart for lwlg
it looks as if we have just completed the right side of a perfect rocket ship pattern
next step will obviously be to blast off!
hmmm, so we don't need EM Photonics anymore?
glad to see some progress notes, not sure I know how much closer we are based on them though?
HEAR HEAR Pro, I could not agree more!
very important from year-end 2012 update letter
Commercialization Efforts
On the commercialization front, we have made significant advances in our next generation non- linear optical polymer material platform including the ability to purify Perkinamine NRTM, achieving a crystalline structure with 98.9% purity, which is vital to be able to manufacture commercial quantities of our materials. In addition, in order to alter the molecule’s properties for expanded commercial uses, we needed to know exactly what molecular structures we were changing. We will follow the same process with the balance of our PerkinamineTM Family of chromophores later.
Through our collaboration with Dr. Alan Mickelson at the University of Colorado Boulder, we have significantly advanced our microelectronics effort using Perkinamine IndigoTM, which has given us the ability to make exceptional quality polymer films at specified thicknesses that are almost 50% thinner than what we have previously been able to achieve. We are presently testing the electro-optical activity and experimenting with different chromophore loading percentages to determine the effect on the electro-optic activity before we coat proprietary devices. It is critical for us to establish repeatability in our process prior to final testing by our potential customer.
The ability to make quality films was one of the problems that that we identified as a common denominator impacting our progress. We now believe that we have solved this and should reignite progress in some of our other prototype projects like the spatial light modulator that has been delayed for the same reason.
It is important for you to understand that in the process of commercializing our technology, there are various processes that we must master and I caution you to not misconstrue comments that can easily be taken out of context. For example, being done with the initial synthesis of a material does not mean we are done testing its characteristics and does not mean we are done with fabricating a device with it. Each device has its own particular specifications that can generate numerous engineering hurdles to overcome.
http://lightwavelogic.com/pdf/Shareholder_Letter_12-31-2012_Final.pdf
again, I emphasize the shift in focus now being on the devices, not on the thin films
x, here's the Weblink:
http://wsw.com/webcast/seethru3/lwlg/
pro, because we are just now transitioning from thin films to devices, that's what Lou is here to do
walter, I paid attention, it's all about
devices, devices, devices now
and it is also a who's who of
talent, talent, talent here
nuf said
buz, the talent pool assembled behind these materials wouldn't be here if it didn't work, that is key to my continuing belief perk family is a winner, exact date of rocket launch as yet unknown, but the haze is beginning to lift imo
see you in the patch if you don't sellout by then
theroc, I liked your posts, and I am glad there is someone else here that remains positive amid the growing sea of negativity
I think it is a major step that the focus is now on devices and not just materials as it has been for so many years, remember these guys have been working on a shoestring budget until only recently, and I think they have what they need to commercialize various revenue streams now
As one of Tom's final slides points out, there is no other known materials that meet CMOS processing temps, and it sure seems to me that the LSS is firmly entrenched with Indigo in device prototyping now which imo will result eventually in being designed-in to what will amount to major revenue streams a couple years out, the confirmation s/b near-term revenues during the development phase from the LSS as Phil Smith eluded to on the 4/4 cc
And personally I'm very confident that Fred L will deliver for us on the stand alone e/o modulator by end on 2013 and this should result in revenues as well, I think the slide showing basic specs NOW must be from a working unpackaged modulator
stock goes down and whiners whine, stock goes up and everybody plays connect the dots in a state of utter excitement
It's a long road to be sure, I for one will stay the course here
good thoughts wise, I think Tom will talk about a working unpackaged proto today and give some of the basic specs verbally, if they had a packaged version with a datasheet I would be amazed
but I am also hoping in the past two months their are some impressive development notes from all those other irons in the fire, that is the storyline as I understand it, that things are heating up now and the information flow is supposed to follow suit, I hope so
ho hum
maybe a pr this am?
odd, I just listened to the cc from early april again, and it was in the q&a around the 55 to 57 minute time frame if a recall right
I was actually trying for recall what the time frame was for the working proto for investor presentations, that one is a bit unclear, but the basics are crawl, walk, run & right now crawl would yield and unpackaged proto without a data sheet, so it is a stretch that Tom would have one packaged with a datasheet tomorrow, oh well
4 device paradigms evolving simultaneously
transition now from thin films to devices on multiple fronts
should see much in results over next 2 quarters
says who? says Lou
Rick, watched the intel video and sure looks like we could be the secret sauce don't it?
next tuesday we will see if there is a working proto as tom suggested his need for in delivering presentations to investing community, show of hands, who thinks they got one ready?
I'll kick off with a YES vote
now look what you guys have gone and done
there's a bloody unlimited amount of shares up for sale now at .935 cause of you whiners here
haha, yet another buying opportunity
HEAR HEAR S-K1480 !! I couldn't agree more that these whiny clowns need to cease and desist, if you are not happy here sell your stinkin shares and move on, period.
I for one am more confident than ever that what we have here is very real, very big, and very game changing. I am tired of waiting too, but will continue to do so until I learn of facts that change my belief in this company's future.
my sentiment indicators here are off the charts and through the floor, dang, even x seems to be whining along with the prop's, six's, and others now, this is a clear sign that a pr is due soon, but personally I am not expecting a pr on prototype modulator completion although I believe they will easily have one ready for demonstration in early june, imo it is a slam dunk project as the materials being used today are not only superior in performance but also in replication ability than the materials used several years back for those now infamous 100+ working modulators; still lots of other irons in the fire and I suspect a pr on something will emerge soon; I am more confident than ever that lightwave is a winner but unfortunately looks like even more patience is still a requirement here, lol, jeeeesh, it's tiring for sure
guessing they probably won't pr the creation of a working proto, but will show it at the 6/4/13 presentation, hopefully with some awesome+ specs
we are due for that prototype about now, correct?
indication of the working prototype
didn't Tom say he needed that for these type of event presentations?
six, I remember Phil told investors this would happen faster and be much bigger than taser, and I think he still may be correct in that statement if interpreted to mean "WHEN it happens"
every time this thing starts to show signs of that true news of substance that will forever cement lightwave on that investors map I get excited,
still a believer, but it takes a lot of faith
2013 will be the year of the GP! I just know it!
see ya all in the patch