Lightwave Logic Inc (LWLG)

[sixshotlimit]

"Management has stated recently that they fully expect to complete all of the objectives that were laid out in the end of year shareholders letter. They also stated they very well could meet and then exceed those objectives. That may be the carrot they're dangling."

Reviewing Tom's letter:

Spacial Light Modulator-

"We intent to put forth a timeline on this project when it is fully vetted."

Data Communications/Telecom Photonic Transceiver-

"This already moving forward and we expect to have initial proof of concept devices available for testing in late Q1 2014. This initial SOH effort will baseline and proveout the circuits. The next run will be coated with our polymer materials, which is slated for late Q2 2014"

Advanced Telecom Modulator-

"The first step here is to bring online the necessary manufacturing capacity to support fabrication of the device."

All Optical Switch-

"We currently have an all-optical circuit design with waveguides. These are now available to us, and initial testing should be complete in the first half of 2014.

Three-Way Collaboration-

"We are entering into a 3-way collaboration with University of Colorado and a yet to be named third-party to work on advanced phpotonic devices. This is the same entity that provided the plug and play modulator device that was coated with our material. We hope to expand this collaboration and will have more to say about it when the agreement is complete."

External Funding Efforts-

"With more data in hand, we intend to present to the DOD and other government agencies interested in polymer material/device development. Also, we will now be approaching other photonic companies with whom we could potentially partner to support our R&D effort."