Lightwave Logic Inc (LWLG)

[Richard_LaRiv]

Hi Cincinnatus,
Great question. The company did not state they will have a signed deal by the end of 2022. That optimistic statement came from members of this message board. The company stated they will have foundry results for volume scale by the end of 2022. This expectation is for results from two foundries in 2022 and several more to follow in 2023. These results may or may not include a signed deal and that potential signed deal may or may not include initial revenue.

However, the company did state they will have two signed deals by May 2023. These deals are the revenue generating commercial deals we are waiting for. According to the company's 2022 shareholder meeting presentation, the deals are for the sale, licensing, royalty, or tech transfer of LWLG's product. One deal will be with a partner and one deal will be with a foundry. These deals can come anytime between tomorrow and the 2023 annual shareholder meeting next May.

I am not interpreting any statements, I am sharing the exact information that was released during the investor presentation linked below at the 42 minute mark.

Also a great resource is KCCO's post below:
https://www.reddit.com/r/LWLG/comments/xmhzx7/critical_timelines_provided_by_lwlg/