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Sunday, September 25, 2022 11:49:51 AM
In May 2021, it is clear Dr Lebby said they were working with multiple foundries and a goal was the PDK. He starts talking about that around 14m mark. It is also clear they didn't just start in May 2021, but had had various levels of interactions for some time:
In May 2022, he starts around the 30 minute mark, and mentions that everybody knows that results normally take around 6-9 months, and in order to mitigate risk they partnered with multiple foundries in case one is slower or has problems.
He also makes clear there WERE problems -- and that great care is needed to minimize mistakes at the foundry level. He DOES mention supply problems but says they accounted only for a couple of months.
The most reasonable conclusion is HAD THINGS GONE AS PLANNED we still should have expected results -- meaning a PDK -- within 6-9 months of May 2021 (ie by year end 2021 at the latest) with at least ONE of the foundries. They likely had problems with several if not ALL of the foundries they are working with.
So, my conclusion is still that things are taking longer than anticipated because of some kind of problem involving the technology. Since everyone knows results should take 6-9 months, whatever the problem(s) have been must be pretty serious. Since reliability and stability have long been a difficult issue I suspect that it is related to that.
If they can't get one 'result' -- ie a finalized PDK -- for even one of the foundries by the end of the year, it will be more clear to more people that something is seriously wrong and all bets are off for being able to predict ANY timeline to commercialization with any certainty at all, since already they have pushed back expectations significantly. Longs who argue that isn't the case are not looking at the issue realistically IMO.
My philosophy is to just be honest and balanced, and let the market decide if it agrees or not.
Recent LWLG News
- Lightwave Logic Reaffirms Commercialization Timeline Presented at the 2024 Annual Shareholder Meeting • PR Newswire (US) • 06/03/2024 12:31:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/24/2024 08:01:14 PM
- Lightwave Logic and Advanced Micro Foundry (AMF) Partner to Accelerate Development of Silicon Photonics Modulators Using Electro-Optic Polymers • PR Newswire (US) • 05/21/2024 12:31:00 PM
- Lightwave Logic Provides First Quarter 2024 Corporate Update • PR Newswire (US) • 05/13/2024 12:31:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/10/2024 08:41:09 PM
- Lightwave Logic Demonstrates Thought Leadership with Critical Contributions to Global Integrated Photonics Industry Roadmap • PR Newswire (US) • 04/16/2024 12:31:00 PM
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- Lightwave Logic EO Polymer Achieves World-Class Performance of 400Gbps with Plasmonic Mach Zehnder Modulator • PR Newswire (US) • 03/28/2024 12:31:00 PM
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- Lightwave Logic to Host Annual Meeting of Shareholders on May 22, 2024 • PR Newswire (US) • 03/19/2024 12:31:00 PM
- Lightwave Logic to Participate in Upcoming Investor Conferences • PR Newswire (US) • 03/15/2024 12:31:00 PM
- Lightwave Logic Provides Fourth Quarter and Fiscal Year 2023 Corporate Update • PR Newswire (US) • 03/01/2024 01:31:00 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/29/2024 10:09:53 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/08/2023 09:00:04 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 12/07/2023 12:11:28 AM
- Lightwave Logic Issues Shareholder Letter and Provides Corporate Update • PR Newswire (US) • 12/04/2023 01:31:00 PM
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- Lightwave Logic Provides Third Quarter 2023 Corporate Update • PR Newswire (US) • 11/10/2023 01:31:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/09/2023 09:24:23 PM
- Lightwave Logic to Participate in Upcoming Investor Conferences • PR Newswire (US) • 11/06/2023 01:31:00 PM
- Lightwave Logic CEO Dr. Michael Lebby to Present at the Optica Photonic-Enabled Cloud Computing Industry Summit • PR Newswire (US) • 10/12/2023 12:50:00 PM
- Lightwave Logic Receives 2023 Industry Innovation Award for Hybrid PIC/Optical Integration Platform at the European Conference on Optical Communications • PR Newswire (US) • 10/03/2023 12:31:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/02/2023 08:00:08 PM
- Lightwave Logic to Participate in Upcoming Investor Conferences • PR Newswire (US) • 09/05/2023 12:31:00 PM
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