Lightwave Logic Inc (LWLG)

[SteveSchiets]

Lab tour
On my first evening we sat down with Michael at the bar in the Hilton Inverness as he came for a drink. We spoke for an hour together with 2 other shareholders, Luc and Dan. Michael is always very pleasant to be with and time flies when he shares his knowledge on the company and industry. One downer was the fact there would be no lab tour this year. “Too much going on” he said. That backfired a bit because I was really hoping to be visiting the lab and was a mean reason for my travel. I made the crushing argument I was looking for that moment for 15 years! Besides he had told me last year in Belgium I could. “Ok, I will have to talk to Jim about this” he smiled a bit guilty. So, my hope was still alive.

The day before the annual shareholder meeting, I received a message from Michael, it said “meet me at the bar at 5:00 PM than we can plan a meeting tomorrow Thursday between 2:00 and 3:00 PM”.
I realized quickly this was for visiting the lab. But only me? I got excited but also felt a bit guilty about being the only one. I told Walter about it, and he said “GO! You deserve this” So, I met with Michael at 5:00 PM in the bar and he told me I could visit the lab. “No pictures” he said. and just you. He really had to go to the board and to ask them to let me have this tour. That’s info was shared to me at a later time.

So after the shareholder meeting Michael was coming to pick me up in the lobby and we went with his rental car to the lab. You can imagine I was pumped. When we entered the building on my right were two lovely ladies sitting at their desk, Linda and Amy welcomed me. It was so cool to be inside the building seeing the offices and seeing the Lightwave logic on the wall. Michael introduced me to John Zyskind, who would join the tour also. So, I got those two heavyweights giving me the tour, what more can you ask for? Our first stop was the coffee and break corner like you see in many offices around the world. No one was inside taking a break. The one thing that caught my eye was the giant bottle of champagne, empty. Michael told me it was a gift from a shareholder. A little bit further down the hallway there was the BOD meeting room. Also, empty. Four times a year they will come together to have those BOD meetings. I was thinking to get my Russian spy equipment in by no change, we were moving again. ?? I'm sure they will use this space to sign those big contracts we all hope for.

The first action room was the testing equipment room. I forgot his last name but the guy in there also is named Steve. I shake his hand and he told me to look into the microscope. “Here we do the initial testing of the devices” I was told. I immediately recognized the device from the slides. Really tiny and really shiny, and really pretty. I had to restrain myself from asking I could have one. Steve let me look into the microscope and I saw this beauty in its full form. I was asking “can we see the polymer here?” but Steve told me you couldn’t see it because it’s under the chip, under those two parallel lines. It was a faster device, Steve just tests a 1 Gig signal to see if there is “white dot” on his computer screen, and it there was. “Another one that works” he smiled.

I was thinking about asking some questions, but I realized I had nothing without making a fool of myself. I should have prepared better. It was really cool to see the setup and the working device. I thanked the man for his great work, and we moved to another room. A smaller room where they cut the wafers into parts. The guy who cuts the silicon wafers his name was Lee. Friendly chap who told me how they did it. I was a bit surprised they didn’t use laser to do this but a very narrow disk to cut laser sharp. He showed me the disc and the device they used for it. A very mechanical process. Sometimes the industry uses lasers to cut it but not here. I shook his hand again and we continued into the hall onto the next room. And then something strange happened. John walked in first, and I could clearly hear the guy in the room say enthusiastically “breakthrough”. I guess he saw John first and started sharing news without realizing a dumb shareholder was also in the room. It was a young Asian man, I hope he still has his job. ?? But that confirms it guys, another breakthrough is just about to hit the wires. You heard it here first from me. I shook his hand and he told me they were indeed testing the devices at full capacity. I quickly noted the test equipment of Keysight. we spoke briefly over the maxed-out speed capacity to test our devices like it was mentioned at the shareholder meeting. The device there were the fastest they had, and also the first I believe Michael said, if they have a better one, we will get it said Michael.

Then we stopped at the clean room. A clean room inside a clean room for what I could see. Michael told me “Meave is working here” I could see someone all packed in a hazmat suit doing important stuff. I believe this is where they cooked the goo. It was big. Michael told me they keep everything very clean. So, I was not allowed to enter. I have already forgotten what he said about inner workings of the room probably because I didn’t understand it the first time. Sorry guys. Quickly I was allowed to enter the first part of the outer clean room. All lab clothing and small lockers. I saw the names tags on the lockers and recognized it from my searching on LinkedIn. Some names I did recognize. Michael emphasized they like to keep everything very clean.
Around the corner we came in the most exciting part of the lab. In there they calibrate the structures of the polymers. There were two or three chemist working, one I recognized as Barry, the other one was Ginelle. She had rubber gloves on, so we couldn't shake hands. Barry kept his distance; I can’t blame him. Lol. He just waved his hand. Later I did spoke with him during the cocktail moment. Really great guy with a very funny laugh.
Ginelle really looked like a chemist with her white coat and her transparent glasses on their face. It was lovely to talk to her. I could immediately see she was enthusiastic about her job and motivated to tell me about it. I know nothing about chemistry except that part when I get drunk, I tend to fall in love more often. I tried my most best acting like I understood. She did tell me about how the buildup of our goo works. It’s like a 10-step process. Building it up layer after layer. “Sometimes when it goes wrong during the process, you have to go back and learn from it, plan more carefully next time”. Ginelle told me they try to improve the material/structure time after time. I asked her a question if they could reproduce the same batch over and over again. but she answered it in a different way by saying again they are trying to improve it every time.
Then I shared my awful begin story about me thinking Hall 9000 was having polymers inside. Sigh. I think she already knew I was dumb but couldn’t help it and started talking erasing all doubt. ??
Then I remembered something from very long time ago about X. I told her if I could see (and have) a little piece of Perkinamine. Really pushing my luck here. She laughed and said she didn't have anything to give me nor show me. She pulled up a little plastic container with a purple color I saw on a previous presentation. Remember the tree plastic containers with the three different colors? One of the containers was like that. Something inside looked like metal and the liquid had a green/purple color. That was as close as it got. I thanked her for everything she told me, and I was able to shake her hand because she had taken the gloves off. Lol
Last part of the tour we ended in Michael's office. Very spacious office with a nice view. Jim Marcelli was next to Michael's office. Same size, also with a nice view. On his wall there was a beautiful painting of his wife. I tried reading the papers on his desk, but my eyesight is so bad these days and I didn't want to get caught stealing so I didn't really try. Michael showed me the trophy he received from the NASDAQ at the closing bell. “Let's grab a photo with it” he said. That thing was quite heavy. So cool I could hold in my hands and take a picture with our beloved CEO. Linda Kerske was so sweet to volunteer to take that picture. In passing I also saw Tom Zelibor, thank him too for the opportunity letting me have this tour. I will never forget it.
I walk away with an incredible feeling. It’s all about people willing to do an incredible job. We are lucky to have them. Think about them when the stock is down knowing they are still out there working for us. Without that we have no value.
Sorry X, I know you said don't put it on IHUB. but that's me I always want to share my experiences with the board here. I simply could not keep this for myself. At least you got Perkinamine.

Steve