Lightwave Logic Inc (LWLG)

[tedpeele]

My track record at predicting the true status re commercialization vs Proto's:

It's not polite to brag but my credibility is constantly questioned here by those that apparently don't like what I have to say. How is a newcomer supposed to determine who is credible and who isn't? Another poster here is terribly rude toward me, yet constantly posts information that he interprets in the most positive light possible to the point of outright and blatant deception. You can judge for yourself:

In the 16 months since I have been here,

1. I was the first to say the "kitchen recipe" problems Dr Lebby kept mentioning into the fall of 2022 suggested there would be no completed PDK by year end, as almost everyone was expecting.

2. My 23 red flags first posted in late January 2023 was considered credible enough by Walter that he went over them on a one on one with Dr Lebby that took 3 hours!

3. Some were taunting me about my doubts regarding scalability last fall..saying it was a no brainer that scalability to high volume was already proved out. All Dr Lebby said about it in this year's ASM was they are "more comfortable" with scalability now than they were last year.

4. After the annual letter came out I immediate said that it showed or implied that there was no completed PDK and they were not on track, as the letter claimed. Proto insisted there were 5 or 7 completed PDKs for months on end. He finally stopped saying that and changed it to "virtually complete". We also know they were NOT "on-track" to meet their goals.

5. I said last fall their first commercial agreement would be with Polariton and people would think it was better than it would end up being. While the partner has yet to be named, it appears the majority here believe it was with Polariton. Over 4 months later there is no evidence that it has amounted to anything.

6. I said after ASM we wouldn't be seeing any deals in the coming months and people would then begin to figure out that they had been duped about the commercial deal status and the price would drop in response. Lo and behold, that's exactly what is NOW happening.


In the 11 YEARS that Proto has been here he has been claiming to expect a commercial deal "any day now". Over and over and over and over. Here are some examples:

1. His third post ever, back on Sep 6, 2012:

I just know that 2012 will be the year these guys deliver that news of substance that longs need to launch this thing, see ya all in the patch!

2. Aug 27, 2014:

I see multiple things on near-term horizon as follows,
1) one or more joint ventures
2) a deal already in the works seems likely due to the elevated issue made over the need for increased shares
.. lightwave is finally in the right place at the right time with the right solutions to the future

3. July 19, 2017:

.. I don't think there was ever any challenges/hurdles discussed in ganging 4x25Gbs once the device was optimized, so yes, LWLG now has a Commercial Compliant 100Gbs device ready for Tier 1's evaluation, remember, the metrics price/performance being so far far TONS the best, this should be no challenge for their affirmations & commercial orders for 2018 !!!

4. Oct 23, 2019:

So what can investors expect in Revenues in 2020 and beyond?
Ok, with the 10Km market at $1 Billion, and Discrete devices still the Lion's share in 2020, let's conservatively say 60%/40%, so $600 million is the total available market for LWLG Discrete 100Gbs devices, so even if LWLG only captured 10% of that market it would mean 2020 Revenues of $60 million and with a 60% to 70% margin, LWLG would be making a Gross Profit of $36 to $42 million

5. July 15, 2021

I presume the work on these PDK's began at least several months ago, perhaps longer, Lebby is forward thinking, he is changing the way Photonics business is being done, this will lead to Mass Production and Mass Volume Sales when it is readied, my estimate for this would range anywhere from 6 weeks to 6 months from now, and at that time I would likely raise my fair valuation for LWLG to at least the $10-$20 range

It's one thing to be optimistic, but something else is going on here: THis man has gone from one daily post to around 15 cut and paste posts every day now. He posted that PDKs were complete in all of the foundries last December, and is also now saying that Lightwave has been working in at least 7 foundries for the last 2 years. Neither of these has been validated...Before he removed it, he posted that Andy B said Lightwave would be producing in high volume in 2026 when he said no such thing..Andy B was very reserved, saying at OFC that he didn't know if the tech would be proven to be reliable. And on and on.

I personally believe he trades the hell out of the stock, but it may be he is working for Lincoln Park Capital to help them sell their shares, or Lightwave. Some think he is just nutty. .Lurker, a long, said recently that even the longs have him on ignore. They can't stand it anymore:

But proto is a notorious liar for years. Those who read the board but arent a member, those are a lot of people, know it as well. The newcomers, will figure that out fast as well.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172957319

Newcomer, decide for yourself.

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