This is not a Value stock. LWLG is a Speculative stock. You're on the wrong block and in the wrong neighborhood or the wrong scan. One can't evaluate using Absolute methods (ie: cash flow, growth rates, DDM, DCF methods, etc), for Value and Absolute methods you might want to set your scan on Blue Chips. The best one can do is compare relatively (ie: against comparable stocks in the same industry and other Speculative companies).
No one here should be under any illusions that this area is not high risk, high reward (or big loss as the case may be). Moody's had a risk factor of 7 (can change daily I believe) and in the red zone (scale 1-10 with 10 being the highest risk). That's purely algorithmic of course and based on the fact that LWLG is a relatively new company that's listed where serious investment starts looking at them and still lacking some of data that goes into the algorithms.
Lightwave might go into a Growth stock, but being a Value stock I believe is a few years away at best or longer, "if ever". What might happen is that they get acquired like Cisco with Lightwire and Hauwei with Caliopa. There is a few others that can't remember right now but point is given. Or merge or partnership and advancing into a new form leaving the old behind.
Being a Speculative stock, they could go belly up and disappear entirely. A lot of good products have failed due to other reasons than the product itself. I personally don't believe that is what's going to happen, but I also realize that the risk factor is there.
There's nothing wrong with having personal rules for investing only in Value and not "speculation". I keep my Speculative money at a smaller percentage of my whole and I don't put any money in "pennies". That's just me and my rules for me and my risks that I want to take, everyone has their own.
Value stock category that you're looking for is not here though, and won't be for quite some time in my opinion, "if ever" as you stated (but not for the same reasons as why probably). And definitely one can't use the Absolute methods that you're trying to use.
