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From the Shareholders Meeting Video....
Siraj stated that we were doing multiple projects ....are we to assume that "multiple projects"... means project for different companies...or could it also mean for ONE company?
Or could it also mean that we were doing multiple projects, in which data would be collected and then that data would be distributed to different companies under NDA at the same time?
Any thoughts out there?
Proto,
Correct me if I am wrong, but how do you get 50 dollars a share from 2.6 billion buyout?
We have 85 million shares outstanding , plus we have another I believe 15-20 million warrants, so roughly around 100 million shares.
2.6 billion divided by 100 million shares is roughly around 26 dollars a share.
Proto,
Thanks for your post. Also in my humble opinion if Lebby let this company go for around 2-3 billion, he would do a great disservice to LWLG and its shareholders. IF what they have is crucial to the next node then in my humble opinion 4-5 billion should be the minimum price tag. And yes we are all tired of waiting so even 2 billion might make us all happy as we would get closure lol.
The better route would be IF some company took a chance and went with our modulators, which in turn would mean that they would be no turning back, and would give LWLG some leverage.
Why on earth would they do a reverse split? There are only about 30 million shares that are available in the market, the rest are owned by insiders, accredited investors and warrant holders.
If they announce any sort of deal the stock will go up a lot, as not any of the shares owned by insiders would be on the market
Perhaps you can share your insight?
Great point Dude.
And to add to that I think Lebby is trying very hard to pull this across the finish line. Let's hope that he has all the help to accomplish that. If he cannot do it, then God help is all.
From the 10Q
I believe this was there last year also in the 10Q but not sure....
As we move forward to diligently meet our goals, we continue to work closely with our packaging partner for the 50Gbaud and 100 Gbaud prototypes, and we are advancing our reliability and characterization efforts to support our prototyping. We are actively engaged with test equipment manufacturers of the most advanced test equipment to test our state-of-the-art polymer devices. We continue to engage with multiple industry bodies to promote our roadmap. We continue to fine tune our business model with target markets, customers, and technical specifications. Discussions with prospective customers are validating that our modulators are ideally suited for the datacenter and telecommunications markets that are over 10km in length. Details of what these prospective customers are seeking from a prototype are delivered to our technical team.
Interesting that volume has been higher than usual for the past few days. I guess it must be shareholders selling to take advantage of end of year loss.
I guess there is not much expectation to hear any news before the end of year.
Hi Dude,
Your last paragraph makes a lot of sense. In my humble opinion, the timeframe of where we are currently, after the last news of 2000 hours of successful testing of the new improved material in a 100 GB per second modulator. So we know that the next target is 5000 or so hours. I believe we will get to 5000 hours by early next year or so. The companies that need to see "lots and lots of data" will no longer be able to stick with the "show us lots and lots of data" , that loop would have been closed. At that point I would presume that in many ways, that is the time that potential customers would have to make a decision of whether they want to get on board or not. I hope based on the disclosure at the shareholders meeting that we have a lot of NDA in place with different companies, that pressure will build on them to be the first to sign a deal.
Please correct me if I am wrong.
Hi Dude,
So by May 2020, what exactly are you looking for, some sort of deal, or just that the share price needs to be higher, like say between 1-5 dollars?
Hi Pitcook,
Thanks for your post. A quick serious question......
Let's assume that you are right....BUT would it not make sense for some big company to say..... "Hey maybe this technology is hype, and just another "me too" startup, but what if they have something here...lets try it out in a small number of our devices, do a small purchase order, and see what happens"
And add to that that I am sure they look at the people running the company, Fred Leonberger and Michael Lebby, their reputations are solid.
Wow today we had 120,000 shares traded.
The volume was high today compared to the daily average. Is this end of year selling or just someone buying in.
TH,
I know how you feel. My average years ago was around 0.95 cents a share, so I feel your pain. I sold out, took a little loss as I was getting out anyway. Bought back in only once Lebby came on board as CEO.
But I guess we are close to the end, one way or another, so I would be careful on selling your higher priced shares. If they announce some sort of partnership or some deal, I am sure your high priced shares, will be in the money overnight.
We are all exhausted, lets hope they give us some good news soon.
GLTA
Walter,
Thanks for sharing. At least you guys are lucky and have actually met with Lebby in person, so you have a feel for what kind of guy he is. We cannot dispute his intellect in the field of Photonics, and if anyone can get us to the finish line he is the guy.
Inversor,
I too was a shareholder for a very long time starting back in 2009, stayed in it for a long time, but got out back in 2015. Only when I saw Lebby come on board as CEO did I jump back in, otherwise I would have stayed out.
Again let's hope that Lebby has what it takes to make it take off. He must be reasonably confident, or he would never have agreed to join a company that until just a few years ago, could be looked at as a science experiment, that was going nowhere as we lacked real leadership.
Fred Leonberger was the reason that I continued to follow the company even when I got out, as his presence as an company adviser reminded me that he also had great credentials and was still sticking around, and that maybe they might eventually be something here.
Gates one thing is for sure, Lebby is a serious guy, on a mission, he will not spend 10 years playing with LWLG, he is independently wealthy, maybe in his late 50,s, and is not looking at LWLG as his monthly salary/pension plan, he has had a successful career, he will do his best to get to the end result of commercialization or a buyout in a timely manner, or he would discretely walk away.
Oh yeah you are right. So I guess the next tidbits of information will be in there for the end of the year.
As we are in November and nothing much happens in December, maybe the realistic expectation is that we might get a "End of 2019 shareholder letter" from management and Lebby.
I am hoping that if nothing else by end of 2019, at least a majority of testing, tweaking, and customization for potential customers has been completed, or at least they have moved the needle.
So is the new tax bracket only 15% on shares held for more than 1 year? I thought it was 20%??
From the article very interesting that Gigoptix back in 2010 was touting.....
M3 EO material shows <10 % change in EO coefficient while operating at 85 °C for 25 years.
Is that similar to what Lebby shared at the 2019 Shareholder meeting....
Data to show the community:
• Packaged modulator with 100Gbaud, <3V
• Polymer devices that are stable and reliable @85C
Looks similar in goal, but perhaps the Technical guys can share their thoughts.....is LWLG way ahead??
Yes we would still be a science project, if Michael Lebby had not come on board.
Now we are at an "inflection point", either the train leaves the station or this train is sitting put at the station.
I would not be here if Michael was not leading the company.
And someone also posted that Lebby, would also get some sort of large Bonus if the company got sold or something to that effect.
So in addition to 700,000 shares, he gets a large Bonus. Great deal for Lebby, now let's hope he sells the company fast lol...
I hope we are close to the end of that cycle. Also it is obvious that the Company overall is very tight lipped. I get the strange feeling that with this company, if a buyout were to come, it will catch us all off guard. I certainly hope so.
Very Quiet Period
I guess we are all waiting on hearing NEWS.......we have been told we are in the "customer engagement cycle", in many ways this is the tail end of things. Whether this customer cycle is 6 months, 1 year, or longer I guess depends on customer needs, and over coming any technical obstacles such as data generation etc.
One thing is however sure, the expectation for all of us is that it is now time to prove that we either have a "race horse" or a dud.
I am ready to hear "great news" and see the company move the needle.
GLTA shareholders.
Customer Design In Cycle
Was wondering if others could share their thoughts on where we might be currently in the "Customer Engagement Design Cycle" ?
Customer engagement Design Cycle
Potential customers looking for solution for next line
card/transceiver
• NDA
• Initial specifications
• Prototype specification
• Prototype testing by customer
• Optimizing prototype performance
• Approval of AVL (approved vendor list)
Limited sampling
• Initial design-in
• Product sales
Thanks in advance.
Proto,
So does that mean that first LWLG has to get to a point that we are selling our component to companies such as Lumentum, Source Photonics etc, BEFORE any big company would consider buying us out?
And also when we speculate about some one like Facebook, Google, Intel etc would buy us out, what am I missing? Why would they buy us out as opposed to some company like Lumentum and Source Photonics that would already be using our component?
Thanks.
Could you elaborate what you mean by that?
So would Lebby and team, be asking the companies with whom they have NDA's in place for deals or not?
Or is it more like.....here is all the data, call us when you are ready to make a deal??
Good to hear from you X.
So do you think we are still a long way to some sort of deal or partnership?
From where we stand now, (product tested and ready for manufacuring) the logical assumption and next news we all are expecting (whether we are right or wrong), would be some sort of deal or funding..??
Guys please share your thoughts?
Is this Press Release their way of announcing to all the big players, that they are ready to enter the market, with a better gadget, and it will be disruptive, and that all development obstacles have been cleared.
Maybe it is a good way to announce to the big boys that this is your last opportunity to get in on this gravy train.
Would love to hear everyone's thoughts.
Thanks for sharing.
So the 2014 warrant holders got screwed. The 2015 warrant holders must be feeling the pressure. One year passes fast, hope they fare better.
Let's hope that Lebby is able to get us some deals in the near future. So we can get to 2-5 dollar range, once we get there, a lot of us will feel more secure in our investment. If Lebby cannot do it, then God help us.
When do these warrants expire?
Th,
Yes you are right, but I also know that over the years many long time shareholders shared that they owned over 100,0000 shares and more. At one point I did too, but got tired of waiting so I sold out back in 2013. I only jumped back in with a small investment last year 2018 once I saw the credentials of Michael Lebby, as I assumed that someone of his caliber would never come on board this company, unless he felt that the technology was viable. He would never take the chance to tarnish his reputation with a company that was not genuine, especially at this much later stage of his very successful professional career. Also the fact that Fred Leonberger was still involved further helped boost my confidence.
To be honest I thought we were very close when I jumped in last year, but at this point, like others have said, give them till next Annual Meeting. But I think they already know that, and I strongly believe that Lebby will not run with this for many many years. He will either bring this to market, and we will do okay. I do not even want to consider the fact that he would not succeed.
And me personally, I will be happy to sell my small number of shares at 20-30 dollars a share and be very happy.
And finally I hope that all the long term shareholders, get to sell their stock at a reasonable price, and we can all get some closure on this Company. For many of us it has been too long.
GLTA the shareholders.
From what I remember years ago, that is very true. If I remember correctly there are roughly only about 30 million shares owned by us small public investors like us.
Dude,
If that were to happen, what kind of price are you thinking? Would it go up a few dollars (3-5 dollars), or do you think it would blow past 10-20 dollars?
Thanks
Gates,
As Lebby said at the shareholders meeting "we want to uplift to the Nasdaq naturally".....that tells me that they for whatever reason have no interest or motivation in raising the share price.
I still believe that Fred and Lebby are pursuing this technology passionately, and want to succeed, and go down in history as the guys that brought polymers to the new technology era.
Having said that they also have no real interest in whether the stock is at 50 cents or 10 dollars, they are just motivated by the technology. They are the best at what they do.
And so we are left with Tom and Jim, who are managing the store and enjoying their paychecks. So until some deal or partnership happens we are stuck with Lincoln Park. Sucks but I am hopeful that we are getting close to the END.....whatever that is.
Hi PG,
You said......
Interestingly, about this timeframe, LWLG began emphasizing the >10km markets instead of data centers. This totally makes sense to me with the extremely efficient use of spectrum coherent modulation enables.
Could you elaborate a little more on this statement, for us technically challenged shareholders, are you saying something like .....data centers are just the low hanging fruit and our goals are much higher?? Sorry in advance, if I am not understanding the gist of what you are conveying.
Thanks.
Hi Richard,
Great to see your optimism that we might see a partnership or product sales in the near future. In your OPINION, would it be a smaller tech company that would make the bold step to be the first to partner (as perhaps they have nothing to lose, IF they want to leap frog the big boys) OR will the big tech companies have none of that, and are watching every move LWLG makes in regards to the tech, and will be the first to step in?
Any thoughts would be appreciated.
Photonic Guy,
Thanks for responding. Any thoughts on where we go from here based on the presentation given by Lebby?
They seemed to focus on the New Material announced back in February 2019.
Some posters here have expressed the view previously that no one will swap out their existing 50 gbps legacy modulators, and so the focus will be the 100 gbps modulators. Do you agree, OR do you feel that they would be able to enter the market with 50 GBPS modulators?
Your input would be greatly appreciated.
PG,
Thanks so much for your detailed commentary on the presentation given by Lebby. Much appreciated. I want to ask , did you see anything in there that would......make you nervous, as another poster Garbone commented today.....
"that he was a little troubled by graph 2 on slide 46. It shows power usage increasing after just 83 days of use."
Wanted to get your technical response to his statement, if you would kindly indulge us.
Thanks in advance.
One final question if I may....
Do you believe that the 2000 hours to 5000 hours, will be the turning point for the Big Tech companies to ink a deal?
The first we ever knew about the 2000 to 5000 hours benchmark was at the shareholders meeting. Could the companies with whom we have Non Disclosure agreements, them move the bar and ask for additional testing or some other technical qualification to do a deal?
Thanks in advance.