Lightwave Logic Inc (LWLG)

[gatesoft55]

The shareholder update letter released in October 2018-

Based on our experience in this industry, we expect the customer design-in process to start with initial evaluation of our samples and reliability data, proceeding to more extensive evaluation, optimization, and possible customization.

We continue to fine tune our business model with target markets, customers, and technical specifications. Discussions with prospective customers are validating that our modulators are ideally suited for the datacenter and telecommunications markets that are over 10km in length. Details of what they want from a prototype are fed back to the technical team.

From today's PR-

The company is engaging with prospective customers with a generic packaged prototype for preliminary evaluation. The company has the capability to further tune the modulator to meet specific customer needs by leveraging its in-house vertical integration that ranges from synthesized polymer materials to device fabrication and package design.

1. So engaging with potential customer with a device for initial evaluation (10/18 letter) or preliminary evaluation (today's PR). Check
2. next step proceeding to more extensive evaluation, optimization, and possible customization (10/18 letter) or capability to further tune the modulator to meet specific customer needs (today's PR)

So LWLG is on track. Soon if not already LWLG should start getting some feedback. My guess is potential customers want to see how quickly and efficiently LWLG can further optimize and customize the devices leveraging LWLG's own in-house vertical integration.


GATES.