Lightwave Logic Inc (LWLG)

[Richard_LaRiv]

It is interesting to hear how people can interpret the CEO's statements completely different from one another.

We moved from solely prototyping into prototyping AND piloting just over a year ago. This was stated by the CEO in prior presentations. Piloting means customers are testing our products in their systems and it is the final stage prior to design-in/commercialization agreements, which should come with revenue attached. They have been doing this for over a year already. With the company's current business model, they do not need to wait until datacenter's take delivery of the chips before realizing revenue by way of royalty payments.

The fact that you (and probably others) believe the company to be 2 to 3 years away from revenue is a strong indication that the stock is currently undervalued even at today's price. I agree with Jeunke, we are further ahead in the process than the company lets on. This assumption is commensurate with the CEO's five year history with the company. Under promise and over deliver has been his modus operandi.

My prediction, based on my interpretation of the company's statements, is that we will have revenue within a year.