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Battery Breakthrough: Four Times More Energy Storage Demonstrated Using Sulfur
June 20th, 2013 | by Michael Keller
Top Image: A new all-solid lithium-sulfur battery developed by an Oak Ridge National Laboratory team led by Chengdu Liang has the potential to reduce cost, increase performance and improve safety compared with existing designs. Photo courtesy Oak Ridge National Lab.
http://txchnologist.com/post/53445736501/battery-breakthrough-four-times-more-energy-storage
Great prospects for better batteries using lithium with cheap and abundant sulfur. Boeing ought to contact their battery supplier with an urgent message to license this from Oak Ridge National Laboratory and develop it ASAP. Of course the new tech will take time and a lot of testing, but BA can show initiative toward a potential resolution. And if the lithium-sulfur battery is smaller and lighter, that's even better!
Battery Breakthrough: Four Times More Energy Storage Demonstrated Using Sulfur
June 20th, 2013 | by Michael Keller
Top Image: A new all-solid lithium-sulfur battery developed by an Oak Ridge National Laboratory team led by Chengdu Liang has the potential to reduce cost, increase performance and improve safety compared with existing designs. Photo courtesy Oak Ridge National Lab.
http://txchnologist.com/post/53445736501/battery-breakthrough-four-times-more-energy-storage
The missing key word in the headline is lithium.
Great prospects for better batteries using lithium with cheap and abundant sulfur. Boeing ought to contact their battery subcontractor with an urgent message to license this from Oak Ridge National Laboratory and develop it ASAP.
And for WLCDF, looking better than ever.
Hope this article helps CTSO get the right kind of attention.
One minor correction re history -- in paragraph 5 Dr. C is referring to "the age of Hippocrates." He is commonly regarded as the Greek father of medicine.
Possibly due to a YMB poster. Whatever the case, yesterday lwlg_or_bust said, "I just started selling the remainder [of LWLG shares] last week for a loss. Someone bit off 60 grand the other day and I have additional lots available."
Thanks for the Bloomberg video on D-Wave.
Without doing much DD on D-Wave, it seems to me that D-Wave may be a substantial part of the Niocorp value proposition. Do some Niocorp shareholders who don't qualify for D-Wave directly regard Niocorp as an investment proxy for D-Wave?
In 1Q13 many institutional holders sold or reduced holdings of EKDKQ. But GMT Capital Corp. of Atlanta bought over 3 million shares. Their holdings at the end of March indicated an average cost basis around $0.13. I wonder what they still hold? Soon we will know from NASDAQ institutional ownership and holdings reports.
If GMT Capital still holds a lot of shares, they may file a shareholder's appeal to Judge Gropper. Does anyone know if institutional equity shareholders can file in BKs? It seems security holders are quite active here to protect or advance their interests.
Thanks to you and all the Kodak Shareholders Group who have filed objections to the First Amended Plan.
Is this what you have filed individually, or is it a consensus filing of the entire group (or a designated subset or it)?
I am impressed by your case, but have no time to file anything on my own. However, I review documents with care, and a suggest you (whatever your background) get a couple of other shareholders with requisite legal, financial, and especially bankruptcy expertise to review it before you submit it to the judge. They could confirm, or correct if necessary, the financial numbers, the assumptions about discount rates, dilutions, tax matters, etc.
Several items to review: there are businesses in East Rochester, and of course Eastman Business Park. Is there also an Eastern Business Park? At this time I think it unwise to cite "more revenues and profits from Kodak/Uni-Pixel touch screen manufacturing partnership," because the partnership has not yet produced any revenues, let alone profits. I suggest you cut that out of the sentence and list it apart from the IP and brand licensing profits (Check if these units are now profitable) and business unit sales. Then follow the IP, brand licensing, etc. statement with another: "The recent Kodak/Uni-Pixel touch screen manufacturing partnership and the additional agreement with Kingsbury Corporation to produce touch screen sensors hold promise of substantial revenues and profits for New Kodak as well."
All your work puts forth a strong case for the 1st Alternative POR. Thank you!
Inriguing to hear where my fellow passengers think we are on this flight path.
“There are known knowns; there are things we know that we know.
There are known unknowns; that is to say, there are things that we now know we don't know.
But there are also unknown unknowns – there are things we do not know we don't know.”
—United States Secretary of Defense, Donald Rumsfeld
The above statement was made by Rumsfeld on February 12, 2002 at a press briefing where he addressed the absence of evidence linking the government of Iraq with the supply of weapons of mass destruction to terrorist groups.[1] It was criticised as an abuse of language by, among others, the Plain English Campaign.[2] However, linguist Geoffrey Pullum disagreed, saying the quotation was "completely straightforward" and "impeccable, syntactically, semantically, logically, and rhetorically."[3]
As for the substance of his statement, Rumsfeld's defenders have included Canadian columnist Mark Steyn, who called it "in fact a brilliant distillation of quite a complex matter",[2] and Australian economist and blogger John Quiggin, who wrote, "Although the language may be tortured, the basic point is both valid and important ... Having defended Rumsfeld, I'd point out that the considerations he refers to provide the case for being very cautious in going to war."[4] Moreover, one may criticize Rumsfeld's statement for omitting the most dangerous type of unknown: the "unknown known". That is, as Josh Billings famously expressed it, "It ain't what you don't know that gets you into trouble. It's what you think you know that just ain't so". Source: Wikipedia.
Obviously LWLG's leaders are brilliant guys. Sometimes brilliance and technical expertise are not enough. What do I know? Only that I'm financially speculating here and all things considered am willing to hold for now.
Until when? I'll continue to wait and to assess further results. Yet sometimes I feel like a pilot (which I am not) flying by instruments in stormy weather with the nagging worry that my instruments may not be trustworthy.
Here is a Bloomberg interview from a while back. Gives you a feel for the new CEO. Copied from Intel IHUB post # 118753.
http://www.bloomberg.com/video/92741455-intel-s-pace-of-innovation-about-right-coo-says.html
So if EO polymer modulators are in their mix, it may still be older tech brought up by X on August 23 of last year. (Thanks, Red. I had forgotten that post):
"To date, Alcatel-Lucent’s industry-first, single-carrier 100G coherent optical transport solution has been successfully deployed by more than 60 customers in over 30 countries."
[Comment by X]: "I’d be curious to ask Leonberger or Miller to comment on their technology. I didn’t see the actual cost of the modulators addressed, just vague comments like it was cheaper than replacing the entire network, something like that. In the past when I mentioned things like this to management they always said something to the effect, it isn’t real 100g it is 10x10G. Well it is just one market… "
Rick, my limits in time and science show up here.
Searching for "electro-optics" on the Alcatel-Lucent Web site gives a few hits. You might find the 400G Photonic Service Engine pages interesting. White papers are restricted to registered people.
You could spend hours, or days, looking at the recent OFC/NFOCE meeting Web site. Industry analyst firms like Heavy Reading, Infonetics Research, and Ovum publish research about telcomms accomplishments, trends, and projections. A scan of their titles gives you an idea of hot topics.
BTW, Alcatel-Lucent won Frost and Sullivan’s “Asia Pacific Optical Vendor the Year” Award for 2012. Another nice addition to their "trophy case."
No one mentions Alcatel-Lucent here. But within this month they have conducted several tests with commercial telcomm Cos. and achieved up to 400Gbps speeds over long distances via fiberoptic lines.
"Alcatel-Lucent, Telefónica trial 100, 200 and 400G bps links on live network
The high speeds are needed in core networks to handle growing data volumes
By Mikael Ricknäs | 16 April 13
Alcatel-Lucent and Telefónica in Spain have successfully completed a trial that sent a mixture of 100Gbps, 200Gbps and 400Gbps data links over a single fiber pair.
The need for operators to upgrade their mobile networks to handle growing data volumes is getting a lot of attention, but growing consumption of, for example, streaming video is affecting their whole network infrastructures, and in the core parts data links at 400Gbps will help meet the increasing demands.
The use of the speed is still in its infancy, but vendors are taking small steps in the right direction. The field trial Alcatel-Lucent conducted with Telefónica was the first to mix and match links or wavelengths running at 100Gbps, 200Gbps and 400Gbps on a live network using WDM (wavelength-division multiplexing) technology. The distance was up to about 650 kilometers.
To perform the trial, Telefónica's network in Catalonia, Spain, was outfitted with Alcatel-Lucent's new 400G adaptive-modulation transponder and the ROADM (reconfigurable optical add-drop multiplexer) integrated in the vendor's 1830 Photonic Service Switch.
Previously this year Alcatel-Lucent also conducted 400Gbps tests with Canadian operator Shaw Communications and France Télécom. Both tests had a total network capacity of 17.6Tbps, which is the equivalent of 266 million voice calls or the transmission of 88 Blu-ray Discs in a single second, Alcatel-Lucent said at the time.
There is a growing interest in data comm."
What do you tech savvy guys think about this?
Might the Company's computing guru attend this SPIE session on Tuesday, April 30?
Session 5: HPC Tools
Performance impact of dynamic parallelism on different clustering algorithms
Paper 8752-14
Time: 2:20 PM - 2:40 PM
Author(s): Jeffrey T. DiMarco, EM Photonics, Inc. (United States); Michela Taufer, Univ. of Delaware (United States)
Someone asked about Celestech a while ago. It's on hold for now according to this latest 10-Q.
"In October of 2010 we completed the concept stage of a novel design for an advanced optical computing application and moved forward into the design stage with Celestech, Inc. of Chantilly, Virginia. If this project moves forward it will incorporate one of the Company’s advanced electro-optical polymer materials." pg. 48
That was more than a year before the Company announced the discovery of Perk Indigo.
BTW mention of Celestech was dropped from the 10-K for 2012.
That's in contrast to a more detailed statement in the 10-Q for 3Q2012: "In October of 2010, we completed the concept stage of a novel design for an advanced optical computing application and moved forward into the design stage with Celestech, Inc. of Chantilly, Virginia. This application is presently on hold by Celestech due to its customer’s schedule. Additionally, we are working on three other applications with Celestech, two of which are in white paper design stage. Development of these applications continued during the third quarter of 2012. If these projects continue to move forward, they will incorporate one or more of our Company’s advanced electro-optical polymer materials." pg. 39
Seems Celestech has gone dark. Maybe funding, or priorities, or who knows?
Actually, Warren Buffett did two big bank deals: Godlman Sachs in 2008 and Bank of America in 2011. He also holds a lot of Wells Fargo Bank stock. And he structured BAC deal to get favorable tax rates.
http://articles.economictimes.indiatimes.com/2013-03-26/news/38040459_1_berkshire-shares-goldman-shares-lloyd-blankfein
http://blogs.wsj.com/deals/2011/08/25/warren-buffetts-bank-of-america-deal-comes-with-tax-break/
http://www.slate.com/articles/business/moneybox/2011/08/no_you_cant_invest_like_warren_buffett.2.html
Half, not long ago Rick recalled that the late and lamented Dr. Fred Goetz Sr. said results of his work "would all happen in 2014, not 2013 (Post #4338).
Maybe this will help in your "Hope deferred makes the heart sick" reaction (Proverbs 13:12). We are waiting for what the late Paul Harvey called "the rest of the story."
Sorry that my chart link showed INDU. Make sure you type in UNXL to see the Uni-pixel breakout to the upside.
F2 and Gates, thanks for your focus and pertinent reminders. The glass is still half full for me too, but it just got a shot of conference call carbonation to shake things up.
I wonder if a Lightwave solar cell could by enhanced by the new nanowire ink technology? Maybe some helpful synergies there.
http://www.technologyreview.com/news/513396/a-startups-nanowire-ink-lifts-solar-cell-efficiency/
Walter,
Here's a high tech Co. with an innovative product I didn't notice until recently. Uni-Pixel made rapid gains from a long low base. UNXL is now listed on the NASDAQ. Weekly chart link below.
http://stockcharts.com/h-sc/ui
Their major partner, a PC maker, is not even named in the linked PR; yet they disclose terms and have a payment coming already. UNXL has more than one licensee in the touch [screen] ecosystem.
http://finance.yahoo.com/news/unipixel-signs-multi-million-dollar-123100080.html
You're welcome, Rick.
I'm not suggesting anyone buy these reports. Their prices give me sticker shock. All you can be sure of is the putative value of research. But I'm fairly sure they all have disclaimers: "Results not assured. For information purposes only."
The institutional research I outlined is far more useful than the "independent research" firms that are part of the "investment awareness" industry targeting retail customers. At least one of these firms claims to have PhDs and MDs doing research with sophisticated models and projections. If you are interested in a micro-cap stock that produces such a report, go immediately to the Disclaimer section. It should be quite long and have very small print. There you will find that the report is really part of a marketing campaign by the company or an "interested third party" who have paid for the "research" in cash, shares, or warrants. One prominent "independent" practitioner of this trade even admits "our publicly disseminated publications should not be regarded in any manner whatsoever as independent."
Furthermore with these firms, "There is an inherent and actual conflict of interest that exists between our Readers’ interests and [our] interests because [our] owners may (i) Receive the Shares as compensation for disseminating the Information and thereafter sell those Shares at before, during or after a commercial advertisement release, or at any time for monetary gain, and (ii) Buys and sells the Profiled Company’s shares in the open market shortly before, during or after the dissemination of the Information or at any time; (i) We do not receive any direct verification from the Issuer regarding the Information; (j) A third party shareholder may have a potential or actual conflict of interest in paying [us] for the dissemination of the publication while still holding the Issuer’s shares of common stock that he or she may sell after the third party shareholder has paid [us] with his or her shares." Yes, I have masked references to the firm whose report was used for a ST price boost by a now-failed firm. Great science in that case, but management lacked integrity.
I've invested in Lightwave with a LT perspective because the principals have had nothing to do with sleazy tactics to boost stock prices in order to raise capital short term so far as I know. Raising capital is very difficult for small firms. Accurately projecting valuation is a big part of the equation for those who have capital to risk. Let's hope Lightwave's leaders continue to put their efforts into markets with the best chance for growing valuation. I don't expect them to tip their hand, though. So sit tight. The market will reward the winners eventually.
Rick, many research companies produce these reports all the time.
On the low side, The Research Group Retail Store sells "Entertainment Centers Product Potential Report" released December 2012 for $119. This is for chain stores and marketers.
Global Markets Direct is a leading provider of global business intelligence and market analysis. At the top of their biotech report list: "Actinic Keratosis - Pipeline Preview, H1 2012," 60 pages. Single user license $2,000. Enterprise license, $6,000.
Market potential reports for high tech products cost a lot. They provide important information for valuation. Global Markets says they use data and information sourced from Global Markets Direct's proprietary databases, Company/University websites, SEC filings, investor presentations and featured press releases from company/university sites and industry-specific third party sources, put together by Global Markets Direct's team.
RnRMarketResearch.com, an online repository of market research reports, offers in-depth analysis of over 5000 market segments. RnR Market Research library has syndicated reports by leading market research publishers across the globe.
A RnR report released yesterday: "Gesture Recognition & Touchless Sensing Market (2013 – 2018): By Technology (2D, 3D, Ultrasonic, IR, Capacitive); Product (Biometric, Sanitary Equipment); Application (Healthcare, Consumer Electronics, Automotive); Geography (Americas, EMEA, & APAC)"
Publisher Name : MarketsandMarkets. No. of pages: 299. Single user license $4,650. Corporate user license, $7,150.
You can sort on the RnR website by geographical area, date of release, or price (range <1,000 to >9,000 by $$ thousands).
"Global High-speed Server Interconnect Market 2012-2016"
Publisher Name : Infiniti Research Limited. Date: 26-Mar-2013. No. of pages: 39. Single user license $2,000. Corporate user license, $3,000.
"Global Data Center Network Equipment Market 2012-2016"
Publisher Name : Infiniti Research Limited. Date: 12-Mar-2013. No. of pages: 42. Single user license $2,000. Corporate user license, $3,000.
It would be interesting to know what reports, if any, LWLG has ordered.
Of course there are also consulting firms in the market potential niche.
Like you said, valuation of intangible assets and IP is complex.
WIPO link: http://www.wipo.int/sme/en/documents/ip_valuation.htm
Walter, you are right about the regulations being a restraint at this time for LWLG. I suppose you are well informed about them; the regulatory and brokerage material is easy to find -- not always easy to understand.
My brokerage house reps have cautioned me to avoid penny stocks as too risky. I've had to sign off on my determination to buy unlisted stocks against their advice. Brokerage houses in general cringe when they see portfolios load up with stocks under $5. Also, they have no institutional analysts to back any recommendations of non-listed equities. In their environment that is important. Ignoring the rules can mean you lose your job and are avoided by others in the industry. If anyone investigated Lightwave, they would look at the 11 pages of risk factors detailed in the 10-k and hold to their standard procedures.
"PENNY STOCK RULES, SEC Rule 15g-9, known as the Penny Stock Rules, is designed to prevent deceptive or manipulative practices. It provides that a broker cannot sell a Penny Stock to any person unless it has approved that person's account for penny stock transactions and the broker/dealer has received in writing from customer agreement to the transaction. Approving an account includes, among other things, reviewing the customer's financial data and determining the customer's suitability, including the capability to evaluate the risks of trading in penny stocks. Some types of transactions in penny stocks are exempt from these rules. Exempt transactions include those with an established customer (a customer of more than one year or one who has made at least three separate penny stock purchases) and transactions in which the customer is an institutional investor." (source: CFO website).
Investopedia has similar material from the Series 7 professional exam for brokers. Brokerage houses post this on their websites; it is mandatory to provide transparency and reduce risky trading in the U.S. environment.
The solution for LWLG is to get contracts, revenues, profits. When the shares go above $5 and the Co. meets other requirements, then we will see the BOD make a push to be listed, probably on NASDAQ. The rest will follow in good order.
BTW, someone posted that the Morgan Stanley rep asking a CC question was doing so as an individual investor.
After this "boilerplate" response, I wonder if your remarks about ignoring the regulations were meant to provoke someone to respond. Curious minds wonder: Does that "attitude" show up in your golf game? LOL
Oops, that's response to Proto, not RJ.
RJ, thanks for the DoD link. Here's a few copied lines and calculated figures:
The Small Business Innovation Research (SBIR) program is coordinated by the Small Business Administration. Over half the awards are to firms with fewer than 25 people and a third to firms of fewer than 10.
The Small Business Technology Transfer (STTR) program is similar in structure to SBIR and funds cooperative research and development projects with small businesses in partnership with not-for profit research institutions (such as universities) to move research to the marketplace.
So what's the possible payout? The U.S. map on their home page shows the number of awards and total payout for each state in 2011 (for both programs).
For the largest nine states -- each with over 400 awards -- there were 7,042 awards in all.
For those nine states awards totaled $2,177,719,446.
For those largest states the average award was $309,247.
Among those states Virginia had the largest average award at $413,296 and Ohio the smallest average award at $280,469.
Delaware had 44 awards with an average at $236,884.
Lightwave submitted 1 SBIR and 2 STTR applications, and is now a finalist for a STTR submission.
The Admiral is the man in charge for the call and going forward.
The 10-k Business Strategy section indicates the Admiral is solidly in control. It dropped "seasoned executives" from the list of personnel the Co. wants to attract, Point 6, pg. 15. So glad the Board checked off this crucial item.
EOvation Advisors led by Dr. Fred Leonberger is the external firm helping to streamline our product development process, pg. 15. Seems to be another good strategic move.
Prof. Alan Mickelson's Guided Wave Optics Lab at U of Colorado, Boulder, has vaulted into the leading position among Strategic Partners, pp. 16, 19. Last year it was at the bottom of the list.
Other Current Strategic Partners are EM Photonics, Boulder Nonlinear Systems, and U of Delaware. All are new and well described, pg. 19. Implies ability to make hard decisions, focus on current needs, and realign strategic direction and partners.
Commercial development is with various private firms. "We plan to aggressively pursue sales of our potential products through the use of industry-specific sales organizations, such as electro-optic component representatives and distributors. In addition, we plan to target market leaders as initial customers and to leverage relationships with these market leaders to obtain future contracts and sales references." pg. 15. No government agencies for now:
"We are not partnered with, strategically related to, or financially supported by any governmental agency at this time." pg. 19. This seems to qualify the addition of NSF to the Strategic Relationships list (pg. 16) as noted earlier by PurpleCritter. This will no doubt change; let's keep watching.
Our Proprietary Products in Development shows that Perkinamine Indigo is added to the mix for device and component development and testing. Each paragraph has focused details on the device, sometimes names the collaborator or type of Perk used, and often the current stage. Will repay careful reading of pg. 18. Optical Limiter is dropped from this list.
The section on Our Competition again states: "We believe that through the commercialization of our technology, we will be poised to obtain a significant portion of the component manufacturing market." But it dropped the final sentence of that paragraph from the 2011 10-k: "In the expectation of becoming the sole producer of high-performance, high-stability electro-optic materials, we hope to capture all or some of this potential electro-optic component market." pg. 20.
Risk Factors receive more space, emphasis, and detail than last year. Each heading is now in bold-face type. I'm guessing that input from Ron Bucchi and comments by Dr. Leonberger and Chuck Olson may play a part as well. To me it shows increased awareness of the competition as well as internal obstacles that have to be clarified, then addressed and overcome to make progress.
In sum: More realism, less bombast, better SWOT analysis (or a similar tool). Many gains, and a clearer vision of the heights yet to be scaled.
Pro, whether it is or not, your link to the Dow Corning, IBM press release is a good one for Steve to see.
On the tech side our high tech types could look at the linked tech paper by Swatkowski et al for the material characteristics, uses, test procedures, and results of this low loss waveguide. Lots of numbers, but way beyond me. Jim may be helped by the discussion and references to recent lit on PCBs, or rather printed circuit optical engines.
Looks like another vital piece in the move to photonics / silicon photonics. In the tech paper's earliest reference (2005) IBM was looking at optical interconnects in future server architectures. Now they're closing in.
Note the reordered list of our Target Markets. Significant?
We believe our organic electro-optic polymers may have broad applications in civilian and military telecommunications and advanced computational systems. Potential future applications may include: (i) telecommunications/data communications; (ii) backplane optical interconnects; (iii) cloud computing and data centers; (iv) photovoltaic cells; (v) medical applications; (vi) satellite reconnaissance; (vii) navigation systems; (viii) radar applications; (ix) optical filters; (x) spatial light modulators; (xii) all-optical transistors and (xiii) entertainment. 10-k for 2012, page 12
We believe our electro-optic polymers may have broad applications in civilian and military telecommunications and advanced computational systems. Potential future applications may include: (i) telecommunications; (ii) backplane optical interconnects; (iii) entertainment; (iv) medical applications; (v) satellite reconnaissance; (vi) navigation systems; (vii) radar applications; (viii) all-optical transistors and (ix) photovoltaic cells. 10-k for 2011, page 12
More details of course under each potential app. The appearance of cloud computing and the position switch of photovoltaic cells and entertainment may be worth some discussion.
What do you think of this?
Traditional Technology - Inorganic Crystals
Traditional technology translates electric signals into optical signals generally relying upon electro-optic materials, such as lithium niobate or gallium arsenide. Five of the largest inorganic fiber-optic component manufactures hold approximately 85% of the electro-optic modulator component market. They are JDSU, Sumitomo, Oclaro, Fujitsu and ThorLabs. 2012, page 11
Traditional Technology - Inorganic Crystals
Traditional technology translates electric signals into optical signals generally relying upon electro-optic materials, such as lithium niobate or gallium arsenide. Six of the largest inorganic fiber-optic component manufactures hold approximately 85% of the electro-optic modulator component market. They are JDS Uniphase, Sumitomo, Avanex, Covega, Fujitsu, and Bookham. 2011, page 11
There's been at least one name change and a merger among major competitors with older tech. Main point: LWLG keeps up with the competitive scene and the 10-k is not just cut-and-paste.
More to come.
Info
Today's selling was the biggest hit to my portfolio that I can remember. LWLG was off 11%, and APPA, my biggest percentage gainer over the past year, plunged over 36%. That's what happens to a biotech when the FDA letter tells raises objections and questions; problems they must address and solve.
Fortunately I still have modest gains in both stocks and will continue to hold firm. And both stocks are adequately financed until revenues start arriving -- I hope.
Best to all longs -- hang in there.
Info
LWLG already moving with 10k release today and conference call in early April. Worth a place on your watch list; an innovative high tech small cap akin to speculative biotechs. In transition from R&D to contracts & revenues. Lots of SH tension now on the active IH MB.
Holding APPA because my well-timed buy was at 18, so have seen nice 300% ppr gain plummet to 95%. APPA has a much needed product plus deep pockets investors -- though some may have been shaken out.
Best to all longs; still think it will be worth the wait.
Pit, I think you and F2 are giving us a realistic outlook for the coming filing and CC. Your third paragraph points out good reasons for the delays and frustrations we have experienced.
Michael Bloomberg (the NYC mayor) got a BS in Electrical Engineering from John Hopkins. An early Bloomberg Magazine article extolled his solution to a Harvard Business School case about a small company with a breakthrough electronic product (maybe a modem). How could the company build market share without bigger, better funded rivals reverse engineering their innovation, working around their IP rights, and grabbing the profits?
Mike proposed incorporating the new parts in the company's standard product without any change in design or outward appearance. No new product intro or logo, no marketing campaign, etc. He argued the competition was unlikely to take the same old box apart to find out why the performance was better. Sales staff would offer trials to compare it with installed equipment; then high tech users would create a buzz about superior performance. Others would test and adopt it. Apparently the Harvard guys thought this was a brilliant solution; what one could expect from a tech savvy contrarian like MB. They accepted his solution to protect proprietary IP.
Right now we really don't know exactly what is going on in Lightwave's labs, but their quality people and facility improvements give us confidence. We're seeing more innovative results from other "secret labs" come to light. The top corps. are likely taking their time and testing thoroughly with such high stakes. They are setting the tempo and not tipping their hand. That keep everyone else on edge.
RJ, thanks for posting the updated candlestick chart with annotations.
Here's what I see based on some basic candlestick chart analysis. Using a day chart, the most obvious feature of the pattern is the open at the high for today, relatively heavy volume, a close substantially down from the open--so a long black body--with a close very close to the top of the Bollinger Band.
The pattern is called Belt Hold Bearish, so it's a reversal pattern calling for a bearish trend, but with low probability. If it were a currency future in this pattern, I'd likely think it was an island top, likely leading to a reversal of the upward trend.
But we know an OTC stock pattern is not so reliable, and the news on LWLG may send the stock strongly up if considered favorable by the increasing number of watchers. Before that, the MMs have some time to play around with it. So according to this chart analysis, tomorrow may open down. If several down days follow, that will establish a bearish pattern until the news breaks.
Well, that's my observations on the chart. I'd welcome comments; another pair of eyes on the chart.
Info
Gates,
Any idea who just posted the second comment on the Stealthy Compass-EOS article?
"8:27 am March 25, 2013
Tom wrote :
WSJ, I’m surprised US based Lightwave Logic (LWLG) was not mentioned in this article."
InfoRich