Lightwave Logic Inc (LWLG)

[sokol]

The purchase agreement announced in today’s news is conceivably good news wherein Lightwave entered into an agreement to acquire polymer assets of BrPhotonics Productos Optoelectrónicos S.A., including 15 patents for $350,000 once consummated. What do you all think? $350,000 for 15 patents!

Now hold that thought, $350,000 for 15 patents plus other assets. That is $23,333.33 per patent alone, but Lightwave purchased other assets, and what did it take BrPhotonics to accumulate those assets? How worthwhile are these patents? It would take a very long time to analyze 15 existing patents. What did it take to develop/acquire those 15 patents and how valuable are those patents? How much would that work out to be per hour per patent, and how successful will these patents be? Either this is one of the deals of this century, or it is a waste of a relatively a small amount of money.

Lastly, keep in mind that patents are legal monopolies. Patents provide protection from potential competitors, and allow the holder of the patents to justifiably charge high prices where the patents are enforceable. It is possible to obtain global patent protection. Therefore, one other question is what areas of the world do these patents provide protection? That may be another time consuming and difficult question to answer. Nevertheless, 15 patents do provide arrows in the quiver for more patent protection, which may make this company’s product more profitable/valuable.