Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
So anyone who hasn't taken any $$ off the table are under water now - $LWLG going out of business?
$LWLG penny stock now just as predicted - shame - reverse split imminent
I have been saying this for months - $LWLG nothing but a cash cow for insiders
Brief fall under $1 - penny land will be the norm soon enough - what a joke of a company run by clowns
$LWLG new 52 week low and on the cusp of penny land oops....
$LWLG at 52 week lows, amost under $1 - this will force delisting from Nasdaq and any institutions holding LELG will need to sell - penny land soon!
$LWLG I guess you can also blame Trump now for the destruction of LWLG along with Lebby and his cronies! You guys elected a gunslinger and now the Americans will be paying the price - the only winner here are Trump and his friends.
LWLG falling under $1 soon imo - back to penny stock it is - and delisting next! GL
$LWLG such a boring stock not going anywhere but down - rather see paint dry, grass growing lol Definitely not investing in this garbage - tainted by POS Lebby Cronies cashing out and leaving this high and dry GL!
$LWLG approching new 52 week lows when will this carnage end? Lebby may be absent but his cronies still selling free shares - Lucky this has no debt right now or they would be bankrupt! They continue to fund operations with dilutions - what a disaster!
FACTS FOR NEWBIES DOING DD:
Repost: Tedpeele
The current status:
*The 4x200 PIC is the company's only hope for near term significant revenues because that is a potentially large market and the company has made some progress. Shareholder confusion comes from the fact that they had a graph saying that is "in qualifications" at the 2024 ASM, but when reviewing the graph the CEO pointed out that they had completed SINGLE LANE, and of the 4 lane only said "it's coming". Obviously it was not in qualifications based on what he said as well as common sense: The company would definitely shout out loud to the industry the moment they have a working 4x200 PIC from which transceiver companies can work with, as shown by how strongly they advertised their single lane success.
*No PIC - NO Transceiver company deal. There is no reason for a transceiver company to put a lot of effort into working with Lightwave until Lightwave develops a working PIC. That is Pre-Transceiver work done by Lightwave in the own lab and with their one 200mm foundry - AMF.
*The narrative of "deep negotiations" with transceiver companies has never been supported by a single company statement in Prs, or filings. All we are really being told is they are having "discussions" and are "engaged". Most likely they have shown some preliminary interest in the status of the 4x200 PIC and said "when you get a working PIC give us a call."
*The company has never verified that any transceiver company is designing any product or prototype using the company's technology. When Dr Lebby was asked directly, he didn't not answer affirmatively.
*The company just lost their CEO under suspicious circumstances. The PR announcing it discussed new verticals and plans to "evolve" and while it mentioned materials and polymer modulators there was no mention of the development of a 4x200 PIC.
Disturbing historical facts:
*The company's 10k's said for 10 years in a row they expected to commercialize product by year end
*Dr Lebby gushed about how easy it would be to be quickly incorporated into foundry PDKs and partner for "mass commercialization" - even showing a timeline that ended with "commercialization Polymer Plus" pointing to mid-2021 in the 2021 ASM
*The top 2 each took $2.6m in cash bonuses against company policy of giving out bonuses pre-revenue.
*Every single director sold their shares at year end 2021 - beginning 2022 - which was just the time investors were expected major deals and partnership announcements because of the 2021 ASM
*The company said they were on-track for all of their goals in the Dec 22 shareholder letter
*The company used their first deal as the excuse to not review annual goals at the 2023 ASM
*The company projected 7900 units in transceivers in 2024 during the 2023 ASM - when they had not yet even gotten full wafer poling to work (not for another 6 months).
*The company led shareholders to believe a commercial deal for scalable polymer modulators could happen at any time in spring-summer 2023, when they were 9-6 months away from even having a full wafer of modulators from a foundry
*The Dec 23 shareholder letter came early when the stock was tanking badly -- and it greatly mislead investors into expecting major deals in a short amount of time.
*When the deals from the above shareholder letter didn't happen the company first explained that it was because they were needing to show more reliability and scalability. Later the narrative changed to having switched to more lucrative Tier1s after the 200mm demo - dropping the reliability/scalability reason first given.
*The company has yet to name Polaritan as a partner they have made a deal with.
*The company has made very little money on their first "deal" because it is not a scalable product.
*Marcelli pushed a narrative of multiple major deals soon after shareholders had lost a lot of faith from the 2024 ASM and the price had dropped, via a "high level executive" phone call
*The company has only gotten 200mm full wafers of poled modulators from one company - AFM - as is clearly stated in PRs and filings. Any other wafers they are getting from other companies are not 200mm.
Rebuttals to Proto's nonsense:
Funny how Proto - the daily cut and paste man - now has adopted my use of the word "DESTROY". Just makes me chuckle. All you really need to know is he has been claiming "deal any day" ever since arriving here on this board in 2012. The chart tells the story though. It's too bad many here bought into his narratives.
Here are 3 examples that I believe really destroy the claims of Proto. His 'responses' typically falsely accuse me in order to try to discredit me - and ignore almost all of the actual substance of my arguments.
Destruction of his claim of a consistent timeline by Dr Lebby going back to 2019:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175504291&txt2find=destroyed
Destruction of his TIMELINE-->Events used to support the questionable current narrative re Dr Lebby's resignation: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175546032
Destruction of the 'evidence' for the narrative from MrLWLG101 which many support:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175540191
More DD about important issues:
Here are the unmistakable facts staring everyone in the face here, that help paint the real picture:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175564394
Here's Mr Marcelli's questionable phone call in July which likely kept some or many investors from selling:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175527158
Here's imo the most reasonable explanation for Dr Lebby's sudden and unexpected departure:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175522353
Here's my sticky post that explain where each branch of their technology REALLY stands, to clear up the confusion
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175516653
Here's my post of pretty accurate predictions made in February of 2024 for the year:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175533967
Here's the shocking summary of red flags events OVER JUST THE LAST 12 MONTHS revealing this company's true colors:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174952792&txt2find=analyst
Here's the original RED FLAGS sticky post that may have saved investors millions of dollars, as it revealed numerous terrible issues:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172611173
Good Luck trying to find your way here. Hopefully you will find the above to be helpful.
Word has it big announcement from PM Canada at 10:45 - Trudeau going to resign as PM and join LWLG LOL - Now that would be a complete disaster! HAHA - $LWLG the joke of Nasdaq!
New 52 Week low for this dog and its cronies cashing out big time - free shares will take this to pennies - oh but no debt LOL
I would not be surprised with a class action suit against $LWLG - thats what will be coming down the pipeline putting the nail on this coffin!
LOL ya right Lebby retired on his own terms is full of crock - he did retire filthy rich on the back of investors and used his cronies to do his bidding - doesn't even have the balls to fight for his company - pathetic really!
Lebby threw in the towel - $LWLG is done! back to pennies longs need to throw in the towel too to salvage something! Thx some pumpers here for all your encouragement for some to lose out big!
I guess I was right again under $2!!!!! What a disaster! Lebbys cronies continue to sell off free trading shares - but no debt lol - HAHA ya like that matters when you have a treasury full of blank certs
HUGE dilution = pennies = reverse split = rinse and repeat! $LWLG
$LWLG - still under $3 - everything it flying high - what a waste of opportunity investing in this POS company - just a matter of time when more shares are diluted and sold into the market - sub 2 soon!
$LWLG continues to be a disaster - anyone claiming shorts are fools - instead blame Lebby cronies selling their free shares into the market - relentless share issues and dumping and does not stop. What garbage.
$LWLG back under $3, wash rinse and repeat dilution
Not even Trump can save the POS company - continue dilution from Lebbys cronies is non stop!
$LWLG pump issue repeat - they way thing POS company continues to sucker buyer so Lebby cronies can liquidate
$LWLG new 52 Week low - shame on Lebby and his cronies continue to liquidate free shares - lol and some say they have no debt LOL who cares when they keep on issuing and diluting!
$LWLG - will this ever get out of the doghouse? Most likely not - dilution dilution dilution - why buy here when more shares will be on the block soon at much lower prices lol what a joke of a company
$LWLG sooo boring ruined but a CEO with false promises, and diluted to the point of no return by his cronies who received free unlimited shares!.
Markets trading at all time highs, and longs stuck in this pathetic of a company - do yourself a favor and liquidate and buy into a real company!
$LWLG is JOKE!
$LWLG trading near 52 week lows just as predicted - here's another prediction - this will be a POS penny trading company not even a pump just a DUMP! What Garbage run by Garbage, and dumpage facilitated by Garbage LOL
Company just issued more shares - Huge dilution and Lebbys whores liquidating - this company has zero value, no sales, no revenue, HUGE losses - they only way they are here is more dilution - pathetic
3 'Ds" to Lebbys strategy
Dilution...
Dilution...
Dilution...
...and you think no debt is good for a company LOL - not for share holders - diluting the company to pay off debt is the worst for shareholders... just look at the issuances over the years...
Sale/Purchase of Stock Quarterly
5,347 - Q1 2024
4,311 - Q4 2023
1,288 - Q3 2023
9,882 - Q2 2023
5,525 - Q1 2023
I am sure lots more dilution to come - how else they will cover their HUGE cash burn - funny how some criticizes other management when their own house is in disorder - LOL
Looks like Lebby got the green light to issue more shares to liquidate via Lebby's Buddies - What a scam - $LWLG just a printing press with no value - shame.
No sales big losses zero fundamentals
All facts from the latest Q report you can find on Otcmarkets.com - I cant make this disaster up LOL
LWLG wont last - HUGE Cash Burn and no income - Just look at their LOSSES and increasing exponentially - outstanding!
2019 - Loss 6.7M
2020 - Loss 6.7M
2021 - Loss 18.6M
2022 - Loss 17.2M
2023 - Loss 21.0M
2024 Q1 - loss 5.7M almost 10% higher than 2023 avg
Lol that will never happen because Lebbys cronies will keep on diluting - this will never go anywhere - POS company
I’m guessing the stock is still going nowhere
More BS - CEO is a crook issuing shares to his cronies to sell on the market $LWLG is a dilution factory masking it with no debt - they only way to take easy money from dumb investors
$LWLG is just a matter of time they will no longer be able to issue more shares - cash will dry up and then bankruptcy - falling to new 52 week lows now
Lets get this board going again - everyone should apply for a monitor position now that it's a clean slate ;) Let fill up the spots
$DFCO Easy triple from this level!
Impatient investors selling lol - just before Q report - insanity!
$DFCO super cheap right now!
$DFCO scooping up some super cheap shares - Thank you
Dilution looks to be kicking in again thanks to Lebby's whores - trading near 52 week lows, this will fall under $2 you have been warned!
3 'Ds" to Lebbys strategy
Dilution...
Dilution...
Dilution...
...and you think no debt is good for a company LOL - not for share holders - diluting the company to pay off debt is the worst for shareholders... just look at the issuances over the years...
Sale/Purchase of Stock Quarterly
5,347 - Q1 2024
4,311 - Q4 2023
1,288 - Q3 2023
9,882 - Q2 2023
5,525 - Q1 2023
I am sure lots more dilution to come - how else they will cover their HUGE cash burn - funny how some criticizes other management when their own house is in disorder - LOL
Looks like Lebby got the green light to issue more shares to liquidate via Lebby's Buddies - What a scam - $LWLG just a printing press with no value - shame.
No sales big losses zero fundamentals
All facts from the latest Q report you can find on Otcmarkets.com - I cant make this disaster up LOL
LWLG wont last - HUGE Cash Burn and no income - Just look at their LOSSES and increasing exponentially - outstanding!
2019 - Loss 6.7M
2020 - Loss 6.7M
2021 - Loss 18.6M
2022 - Loss 17.2M
2023 - Loss 21.0M
2024 Q1 - loss 5.7M almost 10% higher than 2023 avg
Lebby still trying to con people with this worthless company - Lebby whores reaping the rewards I guess
No sales
huge losses
huge dilution
Apparently you also don't understand how this company is screwing shareholders with HUGE dilution and covering it up with "NO DEBT" nonsense lol
LOL the Joke is on you - your the one wasting your money on a garbage company and a fraudster CEO and his Whores! Shame
$LWLG is JOKE!
$LWLG trading near 52 week lows just as predicted - here's another prediction - this will be a POS penny trading company not even a pump just a DUMP! What Garbage run by Garbage, and dumpage facilitated by Garbage LOL
Company just issued more shares - Huge dilution and Lebbys whores liquidating - this company has zero value, no sales, no revenue, HUGE losses - they only way they are here is more dilution - pathetic
3 'Ds" to Lebbys strategy
Dilution...
Dilution...
Dilution...
...and you think no debt is good for a company LOL - not for share holders - diluting the company to pay off debt is the worst for shareholders... just look at the issuances over the years...
Sale/Purchase of Stock Quarterly
5,347 - Q1 2024
4,311 - Q4 2023
1,288 - Q3 2023
9,882 - Q2 2023
5,525 - Q1 2023
I am sure lots more dilution to come - how else they will cover their HUGE cash burn - funny how some criticizes other management when their own house is in disorder - LOL
Looks like Lebby got the green light to issue more shares to liquidate via Lebby's Buddies - What a scam - $LWLG just a printing press with no value - shame.
No sales big losses zero fundamentals
All facts from the latest Q report you can find on Otcmarkets.com - I cant make this disaster up LOL
LWLG wont last - HUGE Cash Burn and no income - Just look at their LOSSES and increasing exponentially - outstanding!
2019 - Loss 6.7M
2020 - Loss 6.7M
2021 - Loss 18.6M
2022 - Loss 17.2M
2023 - Loss 21.0M
2024 Q1 - loss 5.7M almost 10% higher than 2023 avg
The sad thing is that they will keep on issuing more shares, reverse split and recycle - while Lebby whore keeps on spewing crap on a no sales non revenue company with Huge Losses!
Always a long sucker to get sucked in
You went MIA for awhile....oh well there's to hoping - crazy is back again lol