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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.
Investors take risk on all penny stocks that is understood. You will invest more or sell on guidance and statements from their CEOs. Do they owe me money of course not but transparency and more accurate statements as a publicly trading company they do. I'm not sure how long you have been invested or how close in contact you have been with Fred, Andrew and all the CEOs. I've been in a room alone with everyone except Lebby many times. I know the details on Freds departure that most probably don't. Marcelli with his fuse lit and revenue projections. Zelibor was more tight lip and conservative with his statement but has been wrong with production and revenue time tables. Lebbys the new guy, never said he was a carnival banker, but when he said fasten your seat belts that can only be taken one way. That was 2 years ago. I know they are trying to do what no one has done before but they have been telling us for 10 years they have done it and now they have the new 1310nm polymer. If Marcelli and all the CEO's said we are 10-15 years from commercialization we wouldn't be having this conversation but they always give the impression it's show time.
Yep, people can say anything they want. Its their actions and what they do or accomplish that counts. I've had so many people tell me the checks in the mail or I'll pay you tomorrow. Im still waiting. LOL
After 14 years I need confirmation/direct statement from a TEIR 1 of what we have been told from LWLG camp. From one CEO to another we have been given inaccurate timelines from commercialization to revenue. Marcelli said the fuse was lit like 6 years ago and Lebby said fasten your seat belt over a year ago. The most we have heard which is still from LWLG is we have received positive feed back. BUT ????? The but is what I want to know. If it was all POSITIVE and PERFECT a deal would be signed by now. You are what you do not what you say.
The one that is supposedly in the final stages with Teir 1s. Regardless of which one they never give any specific data on any test results or progress.
They haven't even given us the 5000 hour test results and that's been over a year now. I'm still shocked we reached 1310nm and still no one is stepping up to the plate. No joint ventures, deals or anything of interest.
Its like a OTCBB company announcing we developed a cure for cancer and their stock drops and no one scoops them up or shows any interest in joining or working with them. They may be in the FINAL stages with TIER 1s but they still haven't been convinced enough to get involved or make a simple purchase. Doesn't make business sense or logic. There has to be a hiccup or hurdle that LWLG is not telling us about. The TIER 1s have to have enough data and proof by now to make a decision.
I will wait for high 50's low 60's. Been here to long to buy more at this price. It will gradually continue to drop with lack of updates like it always does. Trust me there will definitely be opportunities in the 60's in our future.
Worth .795 a share today.
Im not surprised at all. They always put a lot of info out just before the ASM to calm the troops. The news cycle pertaining to the science/ testing etc. Is always like this. Usually every 3 months we may get a nugget of a update.
Congrats, You must be proud. My oldest will be a sophomore at UD. My middle a senior at Sallies and my youngest a freshman at ST. Marks. Not sure if you are familiar with Delaware. They are all very deep in my pockets. LOL I was told when my oldest was around 4 that TDON now LWLG would pay for all this.
Thats every parents hopes. Some do some dont. Lets hope this son succeeds.My oldest sister is 57 and still in my parents pockets.
LPC to LWLG is like that 35 year old son that cant support himself so he keeps going back to his parents when he needs $$$$ to survive.
Is Jim Marcelli the new intern ??
Can only post old news because there is seldom any new news. LOL LOL except horse and pony conferences.
Thats the highest its been since 2014. Now went cant get above a dollar with all you stated. Bottom line is that doesn't matter until they have a proven working product they can sell and put some $$$$ in the bank and stop living off LPC to run their business.
if they would complete the device/ modulator or sign a deal nothing anyone says would keep the SP. low. To be honest I dont think what anyone says on this board affects the SP. Up or down. I only see it move on news or lack of news not by anyone's post.
Or Lebby says its deal time
No I was just responding earlier to a statement. My point was a company can tell us just about anything they want. The SEC is not going to waste their time and resources fact checking a OTCBB stock at 78 cents.I dont believe that is LWLG since Lebby took over. The only thing I question he stated since being CEO is to fasten our seat belts around 2 years ago.
Theranos first patent was US Patent No. 7,291,497. Theranos was awarded over 200 patents and still had 300 more up for review. She used these patents to attract staff, investors and business partners. She had FDA approval. She was all over news, talk shows, and magazine headlines.Look at the list of board members. Like most people would say this cant be a scam with theses people on the board. Which we have heard many times about LWLG. They said they had third party confirmation from Walgreens that the devices worked. She fooled a lot of important powerful people and government agency. If not for the whistle blower employees who knows how long she could of kept the scam going.
I agree with that part. I only have half of my shares at this point. Over 12 years sold and moved elsewhere. Hung in for 8 years without selling any but after this long had to to take some profits off the table but still have enough for a big hit if they finally get there.
My main point was how she misled the shareholders for so long with test results. Most reporting has to do with financials not testing or results.
Elizabeth Holmes did it with Theranos.
In 2005 I thought the same thing in 2 years we will all be happy. With each positive test result and each new CEOs projections of commercialization and revenue. I can't even remember the first CEOs name but he said they were talking to major players (Teir 1s) and once the test results are complete major deals will be signed. Now we are on our 4th CEO with positive test results and projections of commercialization and revenue. Marcelli our 2nd CEO told us at the ASM the fuse was lit. I learned a long time ago what is conveyed to the shareholders is not in line with the production/results. From the first polymer to the most recent the test results are off the charts and better then what's out there but here we sit. Final stages sounds similar to the fuse is lit.
You know it a 3-4 month cycle on news.
Biotech companies have always been valued that way depending on their pipe line of drugs and stages of trials. Hopes for the next cure. Is there a example of a development tech company in our field of work that is worth billions and is on NASDAQ with no sales, deals or revenue ?
Right on the money. Good read
Bingo !!!
How long does it take to complete stages TRL5-TRL6 and TRL7. Thats the real answer we need to know. ML would not give any time frames in his presentation on anything. 6 Months-1 year ????
Why are we not on the radar of the general investing public yet. Didn't we hire and are paying a marketing person and investment group months ago. What are they being paid to do ? I think they should of hired you instead you promote LWLG more then ML or them. Makes no sense with all the data and info they have to work with that the general investor is left in the dark.
I understand all that but what could they order or buy today? We keep hearing about the low, medium and high volume orders since February and also reminded this morning. LOL
He never gives a time frame when he expects any orders just when they do start getting orders. If they are on the final stages and have not yet completed the prototype how can they get any orders. What are they ordering ???
Market up huge today. Down and low volume. That marketing investor relations group that ML supported is doing a great job. LOL
Could someone post from the ASM presentation where ML stated at anytime they were in the final steps or near anytype of deal. Looks like they still have 3-4 levels left in the TRL chart he showed us.
What concerns me the most is ML had no confidence in given us any type of time frame on anything. Not even a simple answer on the 5000 hour test. You know they keep accurate data records. He wouldn't even answer that question except we are doing testing which we know. 2000,3000,4000 hours?? For a scientist his answer were very vague. I don't need detail numbers on testing I don't understand just we should be complete our testing in 3 months and prototype complete in 6 - 9 months.
Yes watched. Vague couldn't even answer the simple 5000 hour testing question. Scientist keep detailed test results and he just said they do long time testing. No deal or revenue time guidance. Basically every question that we really wanted to know was not addressed in any type of detail. Just yes we are working on that.Yes we are talking to them. Yes they know of us. Ive been to funerals that have been more exciting then that presentation. Sounded like he just got out of bed and barely could make it to the end of the presentation.
You have to be kidding me. They pretty much treat the shareholders like crap. They give us very little to minimal information all year and this is the forum to show us respect as shareholders and this is the best they can do and this is the dream team we keep hearing about.UNREAL !!! Imagine what all the new investor must think. LOL. Just waiting for all the post of DEAL TIME ETC. that is sure to follow soon.
Good question. Put one's money where one's mouth is. I have invested more money in the company then those three.
Not surprised in the drop. For years they have developed new molecules without producing revenues with the others. Its like making a IPhone 11 when you haven't been able to sell 1 through 10 yet.
Was fun for 3 days at least.
I hope this doesn't mean like in the past when they develop a new molecule. The other gets shelved and they start all over with 5000 hour testing etc. Will this affect the development of the final prototype ????