Dr. MIchael S. Lebby, CEO of LWLG, excellence in managing photonics corporations
or maybe not
So how bad has current LWLG CEO Dr. Michael S. Lebby done for investors when President and CEO of a Photonics company?
not too well
here is what happened to the last two Photonics companies that Lebby was Pres. and CEO of...........
1. One company was LIQUIDATED
2. The other company was sold for only $15.5 million, a massive loss for investors that had invested over $30 million in the company
Now that is not exactly what you call a good record and result in the management of Photonics companies! https://www.sec.gov/Archives/edgar/data/1325964/000155335017000772/lwlg_424b.htm#management Dr. Michael S. Lebby
. Dr. Lebby has served as a director of our Company since August 26, 2016 and as our Chief Executive Officer since May 1, 2017. He previously served as a member of our Operations Committee, from which he resigned effective April 30, 2017. From June 2013 to April 2017, Dr. Lebby served as President and CEO of OneChip Photonics, Inc.
, a privately held company headquartered in Ottawa, Canada, that is a leading provider of low-cost, small -footprint, high-performance indium phosphide (InP)-based photonic integrated circuits (PICs) and PIC-based optical sub -assemblies (OSAs) for the Data Center markets. Prior to assuming his position at OneChip Photonics, Inc. Dr. Lebby had served as the President and Chief Executive Officer of Ignis Optics, Inc.
, which he founded, since 2001.
OneChip Photonics, Inc. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=129759166
Ignis Optics, Inc. http://www.lightwaveonline.com/articles/2003/09/bookham-technology-buys-ignis-optics-for-usd-155-million-53457107.html https://www.photonics.com/Article.aspx?PID=6&VID=37&IID=279&AID=22181