Things are heating up on this board today due to a lower share price, a lack of any success with commercialization (no deal yet), and increasing negative posts by shorts and traders. Tensions will rise as we approach the ASM especially if there is no deal in the week leading up to the ASM. Watching the share price go down makes me anxious. Despite that, I have been adding shares and lowering my basis. I deal with anxiety by taking a step back and I look at facts.
1) Lightwave's polymer works extremely well and when added to a slot modulator far surpasses current materials.
2) PDK's are complete and previous problems have been solved at the foundry level.
3) At the PIC conference Dr. Lebby told everyone that stabilty is excellent and volume production works in smaller foundries and they are able to move to commercialization based on current results (SilOrix confirmed they are to that point and they have been strongly linked to LWLG).
4)The sticking point for larger foundries has been needing to move on from using gold and LWLG has had success with aluminum electrodes strongly suggesting this will be the last major step to moving to CMOS based manufacture in large foundries. This suggests it is a matter of time. Based on the needs of the industry this technology is "must have".
5) Dr. Lebby stated that manufacturing issues are resolved and he will work 100% on finalizing deals along with chosen closer, Atikem Hailemariam.This signals to me that we are getting close.
6) The stock price is down beacuse of market factors. Almost all pre-revenue companies have been shorted aggressively in this historic interest raising environment. Higher interest rates and LWLG working under NDAs has given shorts the cover they need to aggressively short the stock.
7) Apart from the shorts messages of no revenue and deals in the past so none in the future they have no reasons to keep saying Lightwave's technology doesn't work. The credibility of the obviously negative posters has been proven false over the past year regarding poling, stability, functional PDK's and time frames to solve these issues. These problems have been solved.
8)Lightwave's polymers can work with most if not all semiconductor materials and offer the low cost answer to advancing functionality of chips to help push our country and allies into a stronger position going forward solidifying NATO countries lead. This has importance for military and security leadership. I am sure our government is aware of our company. Future CHIPS Act help with mass commercialization?
9) The polymers can be adjusted and advanced to make them more functioinal regarding speed and power reduction and the wavelengths can be tuned based on the needs of the application. This adds to the wide eventual use of the polymers. Remember the large patent moat and the fact there is no competitor on the horizon that can offer a ploymer that is close to what LWLG has.
10)The Chromosol patent portfolio acquisition seems to add to the liklihood of ubiquity.
People shorting will likely increase the closer we get to the ASM and if no deal is announced. This is reality. I see this as desperation based on where we are regarding the readiness to commercialize with technological problems solved and because it has worked for them over the past year. The reality is they are stuck and will watch the share price rocket up when deals are announced. Based on the specs I can see that customers would want Lightwave's products ASAP. Deals will be done in due time. I don't want Dr. Lebby to cave to any deal partners may want leading up to the ASM. I am sure they are aware of Lightwave's possible need to come to the ASM with a deal. I am sure Dr. Lebby would like this but I want him to make deals that stick to rules that are clear to future customers because in the end it makes future deals, easier to accomplish. In the mean time I look at the facts to alleviate my anxiety. The storm will pass.
AI
