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Even more reason Lightwave should be more tactful about getting onto the NASDAQ. OTC is gradually becoming even more unfavorable. With apps like RobinHood not doing OTC trades and commissions being abolished for stocks on NYSE/Nasdaq but not OTC. They are funneling new speculator money away from the OTC.
It's like a bad sitcom. Alf is our COO. BOD members nervously laugh and say the tagline "That's our Jim"
If he gets canned, someone from Chicago will start sending Lebby headless Lego men.
Thank you, Jugs! Normally, I'm a young Rodney Dangerfield. No respect, I don't get no respect at all.
Well, having one and having one that is ready to be pr'd might be two different things.
A 100% increase, excellent.
When I saw the headline I was hoping it was for their treatment of acne scars, or scars in general.
Vitiligo affects about 1% of the population
Jim found us buyers! Lincoln was grateful.
I do actually! Not a huge position but I got in lower. This stock tends to trade up before they do a dividend and then when they do one, it sells off some. I don't pay close attention to it.
Richard posted an exact quote; "Right now we are running at about 1 volt in all our tests that we’re running right now. Which means we can run modulators without drivers."
It wasn't too bad for Jim. We know he isn't a professional speaker. Being in his 70's and talking into his computer with no feedback isn't ideal.
The market learned of Lightwave's disruptive driverless technology sooner than anticipated leading to today's massive sell-off in the midst of a certainly uncertain future for many companies.
Notice the careful wording Jim used saying they are "around one volt" not at or under.
Still. I completely agree, I heard a great PR sprinkled into that presentation.
Also, MZ did not send out a notification to my registered email so there was some distribution issues.
The Ihub Terms of Service have been updated and seem to be more useful.
https://investorshub.advfn.com/boards/terms.aspx
When someone reports a post it helps to site the broken rule.
We can't take down what is up (some were removed). Just like someone can say it's going to $100, they can say it's going to zero. If we delete posts wrongfully we risk losing our positions. All removed messages were taken by the site administration, not us mods, anything they decide overrides us.
Part of the struggle for Lightwave is not just creating fully functional devices but also to convince a company to adopt them. And what helps that success be achieved sometimes is the right people making money in the process.
Unfortunately, some investors with real input have vocally condoned and made excuses for the continual use of LPC to a point that it may tangibly be hurting us right now. They make the same excuses for retaining old staff members.
That is good news, and definitely would indirectly benefit LWLG when they get some traction. Lightwave really should have Lebby speak for the company at investor centered functions if there is going to be smarter money looking at us.
I'm relieved to know it was ML who wrote the presentation.
True but volume increasing and price decreasing is not a bullish event.
We did learn by looking at other companies that MZ does appear to generate some volume for clients. Not 100% sure what their method is. We did seem to get two modest runs after joining.
I don't think new investors give AF about seeing a company working with an IR group. Especially if that group is turning off investors with their engagement.
I've never experienced anything inciting from an IR shop working for a tiny company. I have however seen single IR reps for companies do outstanding work for the stock they represent and the relationships they form are vital for companies when going through slow/difficult times. Lightwave has successfully reduced the connection with their investors by hiring MZ. Even long standing, larger position holding shareholders are getting the brush off from Karen and Lebby by forwarding their emails to MZ for a response. That coaxes investors to sell rather than hold or buy when the fear, uncertainty and doubt is kicking in.
Consider that we recently saw over a 10 year low under MZ Group.
I would guess the decision to hire MZ was more about the short term vs the long term. Obviously I don't know anything but I imagine it went something like this...
Karen: I really don't have time to handle the IR work anymore.
Lebby: Ok, I'll have Jim find a replacement.
Lebby: Karen is severely overworked. Find a quality marketing and investor relations firm with global reach. Can you do that for The Company?
JM: What a time to be named Karen.
Lebby: *awkward silence*
couple days later
JM: in the I'm Feelin Lucky Google search: I R Firm global reach [enter]
MZGroup
three weeks later...
MZ: So we are a sophisticated, diverse group with international reach and a breadth of experience marketing through sophisticated media outlets. Like StockTwits. We really emphasis the investor journey, the value add, and growth hacking. We can get you into Noble Con immediately. The name is not a pun. And later this year the Micro500, which is also the name of a popular fertilizer. Merely a coincidence. It only will cost you double your last full time IR member salary. And, oh yea, whenever someone sends an email to us we send a canned response. ha ha, thinking sucks.
JM: You'll send a canned response even if they own over a million shares?
MZ: Yes.
JM: knock a couple grand off the price and you gotta deal.
He was very accessible to those that put money into his other businesses, which was a conflict IMO having your IR pull investments from Lightwave shareholders. This was an issue for management with him years before BioAg. For the average investor he wasn't very available. Back before I knew anyone at the company, my emails to IR continually went unanswered.
Steve was much better than MZ because atleast he had relationships with some key investors. But he wasn't proactive. Karen was less biased than Steve so for me her IR was an improvement, but I know some lost that extra special attention they got and thought Karen was worse.
It is, not the price but the lower lows/lower highs are disappointing. The company is seemingly doing a good job communicating to peers and other companies but when it comes to investors they are not. And when it comes to finding new investors we are not seeing any real progress.
For less than what we're paying MZ we could have a solid in-house dedicated IR person who knows the company very well and serves as a buffer for Lebby and Karen. But an actual Useful. Informed. Buffer. One that has an idea how to reach new investors. Someone proactive. Someone investors actually like talking to and can get a response from. And Lebby needs to be the one who hires him.
Karen and Lebby probably think Jim is much more relatable for the penny stock investor crowd.
I suspected that MZ was Jim's idea, thank you for clarifying it was.
Jim's doing it. They need to keep him busy. My opinion is that Lebby doesn't want to be the face of the company at these venues MZ Group finds for us because they are lowbrow...
Just like NobleCon.
Gentleman, get out your magnifying glasses...
We're in the Micro 500.
Little companies, big ideas.
Jethro Dull is what we call the IR guy from MZ Group.
Too much politics involved in discussing status of your position for larger holders.
Peers can act pretty immature if they hear you sold shares.
There are thousands of shareholders though so figuring out who is selling day to day is impossible.
You can pretend to know things.
It's part of the culture here.
Larry and Curly still work at Lightwave though.
You must choose wisely, grasshopper.
People come and go. Would pay to keep close tabs on if others are doing the same. You have to take the company response to this with a grain of MSG.
That is correct.
Proto, Enami was being referenced in a company PR this year as Director Of Device Development.
You bring up a new concern, he has adjusted his LinkedIn to appear less involved or to possibly have exited sooner.
https://www.gophotonics.com/news/details/2166-lightwave-logic-announces-presentations-on-modulators-and-polymers-at-upcoming-conferences
The Optical Networking and Communication Conference & Exhibition
Title: Ultra-broadband Hybrid Polymer/Sol-gel Waveguide Modulators
Speaker: Dr. Yasufumi Enami, Director of Device Development
Date: March 8-12, 2020
Location: San Diego, CA
www.ofcconference.org
Technically not manipulation. We used to get some serious bashing going on here sporadically from someone who followed multiple LPC funded companies. But maybe he just knows they're easy targets. You'll also see a huge influx of LWLG tags in pumping posts from stock accounts on Twitter when this starts to have mysterious volume increases. Manipulation or not, it all stems from the companies own arraignments.
The obvious patterns they buy/sell in are not really how our agreement is supposed to work. Lightwave should be able to sell shares to Lincoln at any time in the trading range. But Lincoln wants to collect shares in a safe price range on a schedule and Lightwave is submissive.
LPC has sold off over 40 million shares of Lightwave stock since Jim brought them in.
I miss the days when people thought they were a convicted shareholder.
If it wasn't being discussed on here I wouldn't even know they changed the website. There's more orange. As long the website doesn't have typos, investors don't give a Flying ^^^^ what a site looks like.
I hope management doesn't believe somehow a refresh on the website will attract retail investors. I hope investors aren't expecting that either.
No one ever said, "well, the chart and their fundamentals suck, but man that website..."
They would actually have to promote themselves to get retail investors viewing the website.
That is the usual tactic. Raise heavy right after the end of each quarter so by the time you read about it, it's old news. I would rather they raised when the share price was stronger vs following a pattern. But I am just a smalled brained retail investor, not a mastermind, like JM.
Lebby is holding onto his cards so tight he can't even play any of them.
Lebby is pulling the Executive cart almost entirely by himself. But LPC would be upset if they lost their boy.
The answer is that both are a legitimate hurdle for Lightwave to overcome. Also why they should try to bolster the share price or find legitimate investors to support them, instead of having to jump start their ailing retail shareholders like an old car battery every time it hits .60 something cents.