Lightwave Logic Inc (LWLG)

[Lightning_Rod]

Lightwave is receiving fully operational modulators coming back from the foundries and have been receiving them for some time.
Foundries are showing "extremely high yields for > 1000 poled devices" as early as Sept 2022.
It is very common practice for newly produced devices coming from foundries to be sold to clients for testing in their datacentres or wherever they are being tested.

In the meantime the industry has been waiting for the full data sets of information about these modulators and this takes time to do (months).
These testing procedures are called ALT (Accelerated life testing under extreme stress situations).

Currently the datasets appear to be about ready since results from these data sets will be unveiled in early October.
We suspect when these full data sets are revealed then it should be followed by signed contracts (these contracts take time to develop and to sign).

Following this ...... orders may come it.
Ramp up of the production of modulators in foundries also takes time and will be months following the signed contracts.

Since PVT's have already occurred in some foundries (it couldn't be otherwise based upon the statement seen on slide 25 of last falls presentation "extremely high yields >1000 poled devices") what follows is the next stage ...... MVT or (mass production trials). These yields will still not be of huge volumes but will be substantial.

That's how I see things unfolding. I am certainly not as competent in explaining this as others are.

Best to you,


L_R