Lightwave Logic Inc (LWLG)

[Photonics_Guy]

We all recognize that some dilution is an expected outcome for a company in the development stage. We suffer dilution in the anticipation that the added value in terms of progress offsets the dilution. In the case of LWLG, that still holds true.

The core issue is the continued reliance on LPC as the source of funding. I've presented numerous times to many of the IBs and VCs in Silicon Valley. IMO, what LWLG has to offer would without doubt generate substantial interest on the part of these qualified sources of financing. And - yes - we as existing shareholders would experience yet more dilution to get them involved. However, having the backing of notable IB, VC or angel investors would address the stigma of using LPC, a financier of last resort.

If LWLG is able to attract the interest of one (maybe more) key players in the industry through either a JV, teaming arrangement, licensing partner, etc., in the near future, then I can see an end to the continued use of LPC as a source of funding. I believe that the progress LWLG has shown since ML has taken the helm makes one of these avenues forward a matter of when, not if.

Yep, there are headwinds. However, the latest patents which carve out the use of Perk polymers with existing Si and InP materials help ensure that LWLG's future is promising. The technical team have made huge advances in the past couple of years.

PG