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Prototype 101. post# 33290 dated 12/28/17
This is your post from 12/28/17. PER OPEN LETTER FROM DR LEBBY
LWLG now has a fully packaged device undergoing final characterization and optimization and the prototype will be sampling in EARLY 2018 with SALES LATER IN 2018, in addition investors have been told that stand alone devices of 800 Gbs and BEYOND are going to become a REALITY WITH LWLG TECH IN 2018.
NO OTHER COMPANY WILL BE EVEN REMOTELY CLOSE TO HAVING 800 GBS SPEED IN A STAND ALONE DEVICE.
SO WHEN DR LEBBY TELLS INVESTORS TO BUCKLE UP FOR 2018 BELIVE IT IS REAL. LWLG WILL BE COMMERCIAL IN 2018 AND INTEREST FROM THE GIANT DATA CENTERS WILL BE HUGE.
WE EXPECT 2018 TO BE EVEN MORE EXCITING THEN 2017. WE THINK IS DEFINATELY TIME TO FASTEN YOUR SEATBELTS AS WE MATURE OUR POLYMER TECHNOLOGY PLATFORM FROM THE PROTOTYPE STAGE TO COMMERCIAL.
So what is it that im not getting or understanding. This was in 2017. I can do this all day long. SO WHO IS REALLY MISINFORMING INVESTORS NOT ME IM JUST REPEATING DR LEBBYS OPEN LETTER TO THE SHAREHOLDERS FROM 2017. CORRECT ME AGAIN IF IM WRONG BUT ISNT IT 2020. STILL NO 800 GBS AND BEYOND TO BE FOUND, NO COMMERCIALIZATION, NO SELLS, NO HUGE DATA CENTER INTEREST. SO SOME NEED TO RECHECK THEMSELVES BEFORE ACCUSING OTHER OF FALSE ACCUSATION AND MISLEADING INVESTORS.
Proto you just not going to get what most peoples points on the board about LWLG. You keep producing what Lebby and most of the former CEOs have been putting out for years now. Lebby is suppose to be different and give him a chance. He said he 2018 they are at the final stages of testing and close to commercialization. March 2020 he is saying the same thing. Heck I could pull up one of JMs or Zelibors old shareholders updates and it will same the same thing. This company has been in the final stages of testing for over 10 years.All the updates say one thing and the proven results are not there.
From March 17, 2020 update.
As we navigate through 2020,our primary focus surrounds refinement of the performance characteristics of our technology platform, primarily as it relates to better signal quality and lower voltages. We believe theses final steps on our next generation modulator will position us favorable for testing, and ultimately, market acceptance.
Maybe Im confused or being mislead. Ive been reading the repeated news post on the board from LWLG continuing saying TWICE THE SPEED AND LESS THEN HALF THE POWER OF ALL COMPETITORS. So they still have to refine the performance characteristics for favorable testing and market acceptance. If its the best thing out there what are you refining. I was under the impression that they were in the final testing stage (5000 hours) of their technology platform.It sounds like and correct me if im wrong that they still have to refine the performance characteristics before its favorable for testing and market acceptance. What happen to we are just tweaking our molecule for Tier 1's. These guys are definitely not being truthful and misleading. Go back and read all the updates and ASM recordings. They have repeatedly stated that they are in the final stages of testing and close to commercialization for over a year now. Please dont answer my question with 6-9 months old updates , board qualifications and award ceremonies.
They could just put out that they are currently in the process of completing a
contract with a supplier or Tier 1 and should be completed by April. Don't have to mention any company name, what type of company(telecom,data etc.) or details of the contract. This would in no way would violate any type of NDA. Most of us have signed 1 in our life and they are similar in verbiage. They already have stated many times they are working with Tier 1's and that isnt a violation of the NDA so whats the difference. NDA is just a good escape goat and excuse for lack of progress and updates.
That update is from 5 months ago. Whats new from the LWLG camp.
Because there is never any new updates, progress or news to report from LWLG. LOL. What do they do everyday or month? Not one thing important or exciting to report in the past 6 months.
We need LWLG to get it already. Maybe they are spending to much time on the golf course.
Maybe posting some 6-12 month old news will help. LOL
When the market was the highest in our history LWLG share price barely moved at all actually it been gradually going down way before this. Just another excuse for LWLG not performing,
Proto, LWLG has been posting these finding and results for years now. Why can't they make a product to sell yet??? Why have they not produced a universal product that works like other companies ?? Why are they handcuffed to work with just Teir 1 companies and not produce a LWLG independent modulator like other companies for the market place ? They always seem to have a excuse not to deliver or a SOLUTION to whatever problem or defect in the molecule. Lets face the facts there is some type of technical issue they aren't telling us and cant solve to move to commercialization.
I wont buy anymore till they prove to me they are moving forward or start being professional and communicate with their shareholders. The replicated annual shareholder letters and same ASM speech isnt cutting it anymore. Whatever happen to real news wire press releases like every other company.
Proto you are proving my point with that. Like I said LWLG is saying one thing but the teir 1's aren't buying in. If all that was 100% true with no technical issue's teir 1's would be fighting over LWLG. Like I said something doesn't add up.
What seems odd to me is we suppose to have the holy grail to end all tech issues. We have been working with tier 1 company's for years now and not one has showed any interest in a joint venture or buy out. I'm sure these teir 1 company's have some of the best scientist in the world and they dont see the multimillion dollar potential or the disruptive potential. Either LWLG doesnt have what they say they do, or they cant get it to work in a modulator properly or the tier 1 companies evaluation of our product is not worth investing in. Something just does not add up. Ive seen companies scooped up for much less tech. LWLG has to be hiding the negative data or test results because its the only thing that makes any sense at this time.
All the filing each year are basically copy and paste. If you look close it is almost word for word except for dates and financial data. ASM they continue to say the same thing over and over. It like groundhog day.
All the filing each year are basically copy and paste. If you look close it is almost word for word except for dates and financial data. ASM they continue to say the same thing over and over. It like groundhog day.
They really cant close on plan A. You would think at this point they would give a little insight and calm the troops but that has never been their MO. Maybe they can put out another press release on Lebbys next conference. That always excites the investors LOL. One good thing Im guessing all the conferences and future conferences will be cancelled and Lebby can concentrate on the lab which to me is more important for LWLG success.
Time to buy more !!!!!
Still no one is really getting my point. 61,000 people died last year during the flu season. If the news and media announced that around 300 people are dying everyday from the flu and thats just in the US we wouldnt see the same kind of panic. Why is the flu deaths every year not worthy of media attention. Even now if you add up the amount of global deaths so far its not close to the daily deaths we had from the flu last year just in the US. China has the largest population in the world and less then 3000 died and Apple just open all their stores in China. I just read in the media that they are predicting 800,000 to 1.7 million deaths in the US. If thats not hype then what is.
It is worse then the flu but the majority of people that are dying is basically the same group as the flu. The elderly, immune deficient or other underlying health issues. My main point with the media machine is that 61,000 people died in the US last year from the flu and not a cliff note in the media.
2018-2019 Flu season in the US 61,000 people died. That is a average of 167 people dying a day for 365 days. During a 6 month flu season that would be 338 people dying a day. I dont remember hearing anything about that on the news last year or any year. So far with the corona virus in 3 weeks 38 people have died. When this is all over the numbers will be way less then the hype is projecting just like the swine flu. 80 % of the people who have contracted the virus their symptoms are mild but good news never sells. Apple has already reopened all its stores in China. Our society in a whole has become over reactive to everything. Heck a kindergarten boy kisses a girl and is suspended for a week for offensive touching and has to go to counseling. If you compliment someone at work you get fired for sexual harassment and HR orders mandatory sexual harassment training.
Bottom line is they cannot get it to work properly. For over 15 years now they have put out these great test results on different molecules exceeding anything out there but they cannot get the modulator to operate properly with their material. You can develop a fuel source that out performs gasoline but if it wont work in our engines of today what good is it. LWLG keeps telling us for years now the are tweaking- tweaking- tweaking. Maybe Lebby will figure it out in the lab when he gets back from his conference tours. There is plenty of constant news about that but no science/ tech updates. I could care less about these speaking engagements. I wish there were conference NDAs.
If the testing is done where are the results. I guess thats protected by a NDA also. LOL
On average flu season kills 30,000- 40,000 american's a year. In 2017-2018 45 million american were infected and 61,000 died and in 2018-2019 34,000 died. No national/ global panic or states of emergency. It is usually the elderly over 70 and people with auto immune deficiency or other under lying health issues. So far out of the 7 american deaths from the coronavirus 4 were over 70, 3 were living in a nursing home, the 3 others had under lying health issues. The rate of death and class of people is no different then other flu viruses. The swine H1N1 flu of 2009 was much worse but still only .04 % who contracted the virus died and they were mostly the elderly and immune deficient. The only big difference I have read is people have died quicker then other flu strains.They have said 80% of the coronavirus cases have been mild. Its the latest new news story to pump up and keep people glued to their TVs.
Thats all good but it they cannot get it to function properly in a device it means nothing and that seems to be the issue.
Also keep being told we beat out INTEl and other companies. INTEL's revenue last quarter was 20.21 billion, net income of 6.9 billion, cash on hand 4.19 billion and PPS 58.46. I guess INTEL is upset they didn't receive the priceless PIC award.
Dont worry guys Dr. Lebby is going on a conference tour that will save our company and move our product closer to production. We get more conference press releases/ news then on our DISRUPTIVE technology. I cant even remember the last positive news coming out of the lab. JM quoted a press release just recently from 2012.
When was the last real press release on our DISRUPTIVE technology. The letter to the share holders means nothing to me it is pretty much the same every year like the ASM. No press releases on any positive testing, new molecules, how close is testing done with outside parties. Most of the testing time frames have come and gone with no results. Saying we are receiving positive feedback for 3 years isn't cutting it anymore. If it works and is so disruptive we should have been scooped up, partnered by now or a contract to purchase our product. I've seen companies scooped up with much less then we suppose to have. Something just doesn't make sense. All I know at this time is Dr.Lebby likes to travel and speak at conferences.
Im with you Jimjet no where in the article does in mention anything about LWLG in anyway.
Nothing JM ever said when he was CEO ever developed and I'm not going to believe a thing he says now. I personally spoke with him in MQs office for 2 hours and if half of what he told me was true back then we would all be multi- millionaires years ago.
Nice read but again where is our working product to be sold to the market place. That is why I said the PPS is where it is. All that news you posted has been out for sometime now and the PPS is .76. The PPS will only go up significantly with a deal or a working product to sell.
The reason the PPS is where it is and no one is rushing to buy is that they still have not produce a working product to sell. They pretty much put out the same update as last year. You can pretty much copy and paste them year after year. What would drive anyone to buy LWLG shares ? Even during and after the horse and pony shows no one buys. If investors really believed what LWLG is telling them this stock would be through the roof.
Nailed that one pumpkin !!!!
Updates are exactly the same just the dates change. You can go back and compare they are almost word for word copy and paste. LOL Ridiculous
When they finally announce the Tier 1 customers they have been working with I will finally truly 100 % believe it.
See now that is real news.
Proto-- your still not getting my point. Everything we know is coming from LWLG with no proof or outside confirmation. I can put anything on a website but that doesn't make it true. They told us Tier 1 was testing like 2 years ago. Where is the Teir 1 test results so far??? I'm just asking for one piece of information from any person or company outside LWLG saying our product is the bomb. Saying we are getting positive feedback is useless at this point.
Proto your not getting my point. They are all going on what LWLG is telling them there is no outside confirmation. Any company can give out information that sounds great. Theranos company provided their own test results for years but when it was time to prove their device actually worked. We all know the rest. It also the same as drug companies they do their own test/blind test provide info to the FDA and get approved. 4 years later people are dying of strokes, heart attack not to mention cancer. Without outside independent confirmation do we really know whats true ???
It would be nice for someone that is not directly connected to LWLG to make a positive comment like that. All test reports and pat on the back comments are all in house which really carries no weight.
If they been optimizing for seven months you would think there would be some kind of update on their progress. I guess there has been no progress worth mentioning. That is the issue most have with LWLG. They have never given one positive update/test result or anything on paper with a outside company. The only thing is the past two years was that
"we are receiving positive feed back".
Don't call Jim Marcelli he would blow the deal. The only business deal he seems to complete each year is his compensation package.