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Re: Richard_LaRiv post# 118919

Friday, 10/14/2022 10:18:21 PM

Friday, October 14, 2022 10:18:21 PM

Post# of 196889
You write…

-Less than three months for published foundry results.
-One commercial deal with a partner within seven months.
-One commercial deal with a foundry within seven months.

You have always been very careful and exact with your words. I believe some semantic clarification is needed. I have believed that this 2022 guidance included mention of a commercial deal involving 2 foundries. Followed by more commercial agreements with 3 more foundries before June 30, 2023. I believe the general assumption is that a commercial deal would involve some sort of revenue transfer or projection.

I am 87 and legally blind so it is difficult for me to do this research to clarify the evident discrepancies. I thought I knew what “on track” meant, but if LWLG is saying they can meet the 2022 guidance without signing a commercial DEAL that mentions revenue, I have not understood the main message that I believe many on this board also believe.
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