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Its simple if outsiders were convinced there would have been a deal by now and institutional investing etc. They are saying ok you keep giving us YOUR test results but when are you going to produce a working device that can be actually sold in the market place. You cant produce revenue with yearly test results, ASMs and speaking engagements that for sure.
At a ASM at the Hilton in Delaware around 6 or so years ago they said the fuse has been lit. That is a long fuse. That's why there is no longer a PPS reaction to their news or comments anymore.
I think we need verification of all these statements from a outside source to add validity. They have always given us great test results for the past 14 years. I remember sitting at a meeting at UCMs office to raise funds when Fred was still involved and they passed around a modulator they developed with the GOO they developed at that time with great test results. I think they said they produced like 50 of them. The big selling point was they could mass produce the GOO. for commercialization. After the meeting they were never spoken of again. Why didn't we put those out to market. The test results were better then what was out there at the time like now. I could bring topics up like this all day. That's why I could care less about all the updated news they put out and gets posted on the board daily. With their track record in means nothing until the announce a deal to produce and sale anything. You cant get a piece of the billion dollar market place with ASM updates and speaking at conferences every year.
When was the last independent test results??
From the recent 10 Q
They already told us they were getting feed back and fine tuning to their specs. Even with Dr. Lebby in charge Im not seeing much of a change in the misleading/confusing information. Thats why the PPS is what it is and their is no reaction to any news or updates because they contradict themselves and nobody really knows what is true or not anymore.
This is what I was talking about. They said the same thing 2 years ago.
These prototype packages will enable potential customers to evaluate the performance at 50 Gbaud. Once a potential customer generates technical feedback on our prototype, we expect to be asked to optimize the performance to their specifications. Assuming this is successful, we expect to enter a qualification phase where our prototypes will be evaluated more fully.
With all that said why is the PPS at .63. It was 1.83 with much less. I think back then investors believed what they were putting out in the news. Now its just a wait and see approach. People used to buy on their news and then nothing would move forward. I can't count how many times they told us they were moving to commercialization. Even with Dr Lebby there the last few years the patterns are starting to look familiar again. For example what ever happen with when they said they were fining tuning the devices for customers. That was 2 years ago. Did they stop? Could they not make it fit their specs? We have never had a update on the packaging partner news. They did this before Lebby and now with him.
I hope JM is not in charge of the negotiating and deals. I have
spoken personally to JM a few times when he was CEO at UCM/ MQs office in Delaware. He would fly in from Colorado every other week and stay at the Hilton which I thought was a waste of LWLG resources. He was more passionate talking about the elks in his back yard then LWLG. JM couldn't sell or persuade me to purchase a glass of water in the desert. He speaks with no confidence or conviction.
So it doesn't sound like its manipulation by anyone. They have to sell 40,000 shares a day for their operation budget. So with no big news or deals no one is buying to off set the needed budget selling. It sounds like LWLG is the cause by selling shares for needed operating cash. Here is a idea get things done and generate revenue and stop selling shares. Who is their marketing and public relation person? They need to put us out there on those radars. That is something that have never changed in my 17 years of TDON now LWLG.
The reason the PPS is .66 is that most still don't believe yet that they can produce a product to put out to the market place. It's that simple no one is buying. If the market place really believed they had the goods the price would be much higher. It wouldn't matter how many shares LPC sold if there was buying pressure. It's simple math more buying the price goes up.More selling the price goes down.
Out of all the stocks I'm invested in which is quite a few. I have never had a stock with such little or no news. Hard to believe that with game changing technology as they say there is nothing to reports to us at least once or twice a month. What are they doing all month? How many hours tested? What are the current test results so far? ETC.
At this point it shouldn't matter if it 2,000 or 5,000 hours. They should be near or over 5,000 by now. 7 months is around 5,000 hours. If they started testing by April 5,000 hours is done.
I agree. I figure if they were as close as they say to ground breaking disruptive technology you would think they would have news/updates at least 2-3 times a month. Not once a year at the ASM.
Should rename the company to LIGHTWHEN LOGIC, INC
I think the PPS is what it is because they still do not have a working product to sell. If they did have one no one could manipulate the price and keep it low.
Exactly my point. They have said the same thing about the other modulators and then they are forgotten. Just shocking all this time they don't have one working modulator to put to market. Trust me they will say they developed another better molecule and the one they have been testing will be forgotten and we will hear all about the testing of the new one. Its becoming a pattern of LWLG.
Proto. I have been reading positive test results and announcements for 16 years. They have not proven they can make a working device yet with their molecule.
LWLG has to prove the negative posters wrong. So far they haven't.
Ive been here a long time. They always tell us they have to test the new molecule and we get some random results and nothing moves forward to production. Then they develop another molecule and the same testing and results and nothing moves forward to production. Its like ground hog day with this company. This has to be at least 8 molecules so far. That's why when they give results the share price doesn't spike up like it use to because we believe when the testing results came out they would move to production. The molecule just sits on the shelf. Its doesn't matter to me if the new molecule is better or not all companies upgrade their product each year. Why are the previous molecule with GREAT test results not out to market yet ??????
If they started the testing when they said they did they should be over 5,000 hours by now.
Do they have anything that they can bring to market and sell to anyone yet. All we continue to hear is how great our product is then any other product out there but nothing manufactured to put out to market place. No other companies interested in a joint venture. I've been a business owner for 30 years now maybe I'm not business savvy but I thought the point of a business is to generate income and profit. You can talk about how great you or your product is till the cows come home but at some point you have to prove it. If their product works like they say they would be in the market place by now. Something isn't adding up or they aren't telling us the whole truth.
I get what you guys are saying. My daughter was 2 when I first got in and this year she started college. I was told this would pay for her college education. I guess Im just snake bitten from all the other leaders who fed us the same thing year after year. They always said the same thing that they were close to production. I remember sitting in the office one on one with Jim M years ago telling me this is the year. I know new people are in charge now but the wording in the updates are the same. Just difficult anymore hearing year after year how close they are to production. It just feels like they have a issue or road block they cant get past.
They say every year they are working towards production. When will they finally have a working product. Theses shareholders update are like carbon copies of the previous ones.
I do not need fluff just some kind of update on their progress. Its just hard to believe that all this time has passed and they have nothing news worthy to report. Please don't hammer me with all the old news that get posted almost daily.
I don't believe its manipulation like you said until they do something anything like a merging or contracts people will continue to sell.I can't remember the last time they put out any type of news that would encourage anyone to buy in. They get a award every year but that doesn't pay the bills or excites anyone.
Should be a diamond by now.
Feb 28th was the last science/lab/goo update.
I totally agree. So hard to believe that they have not progress enough to give a update. Its been months since they put out a press release in regards to the science.
The stock is going lower because when was the last important,significant break through news. As you can see talk is cheap and so is our stock price. I cant even count anymore how many times our product has been sent out for testing over the years and the updates end there. All we have heard for the past year is positive feedback from third parties. Your product has exceeded our needs and we would like to make a purchase would be nice to hear for once.
A year has 8760 hours of testing so they are way past that.
The stock will drop today it always does after the ASM.
ASM meeting will probably have some body bags LOL.
Doesn't look like the investor summit helped much.
I have been invested in LWLG for over 14 years now and to be honest hearing how great our polymers are and how they out performs anything out there for all there years is getting old. Its time to prove it and put something out to the market place. I always thought a companies main goal was to generate income from their product. Its like saying over and over your engine has proven to be the best on gas mileage and performance and you never produce one to sell.
What was the 1st Generation of LWLG devices ?
This stock will not go where we want it to until their modulator is proven to work and they start generating some type of revenue.
I cant find a press release on the award. Someone from LWLG should put it out.
Proto, It seems you have been involved in LWLG since it was TDON like me. 10 years ago at the Hilton they passed around a device that was being tested. They have been telling us about 3rd party testing for years now. It seems before they develop a commercial product to put to market they come up with a new polymer and start the process all over again. Every polymer developed over the past 10 years we have been told is better then anything out there but no one is buying or contracts signed. Yes your right they recently started testing the most recent polymer but what happened with all the previous polymers that were cutting edge. Most companies put out a product to market and every year or so put out a upgraded product to sell like cell phones. Why havent we put out a modulator yet with our previous polymers and just upgrade as we develop new more advanced polymers.
It is real world testing but does it work that's what I need/ want to know??? We been testing for 14 years.