Lightwave Logic Inc (LWLG)

[MarcoPolo4]

I am well aware that there was talk about commercializing for a number of years before Dr. Lebby became CEO. The company had a viable product with potential in the past but management lacked an understanding how to get polymers from the lab into finished products containing their polymers. It was a case of "you don't know what you don't know". Shareholders bought into a penny stock with potential and that often comes with oversized expectations unless you understand the business risks adequately. It takes many years to develop a breakthrough technology that no one else was able to create.Understanding that should be part of investing in small company technology stocks.Shareholders will rely on management to help with managing expectations but you have to keep an open mind to risks that management may not see or emphasize enough. The company had a stable and effective material that looked promising in the past but there was a lot of work that needed to be done but no plan on how to get it ready for the market to want to use it.

Dr. Lebby was brought onto the Board and subsequently became CEO when he knew enough and had a vision on how to get the material ready to be incorporated into chips containing OEPs. He knew the company was not ready and I doubt he was giving guidance on commercializing "next year" as he certainly wasn't doing so since I have been a shareholder over 2 years ago.We got one agreement in May and he has said one or two more in 2023. Since the ASM 2021 he has guided beginning the sales ramp in 2024. As you should know, he accomplished a lot to get the company ready where it is today. He forecasted a dramatic jump in data usage back in 2021 and that forecast is appearing spot on with current information. That was expected to create demand for a new material that can increase speed and lower power use at a time when finally the market was seeing a real need that current materials were unable to match.The need was not as clear a few years ago.

You consistently post complaints and negatives about management including current management. If you are a long term stockholder you must have a nice profit on paper yet you remain so negative.. Perhaps as a long term stockholder, you are tired of waiting and you have not been listening to progress or understand the significance of it as it has unfolded and this colors your view. Then again you could be here to just bash like some of the others.