Lightwave Logic Inc (LWLG)

[tedpeele]

14 CLUES AS TO WHERE THINGS REALLY STAND:

If Lightwave has technology that is ready to go and ready to change the world NOW, we shouldn't expect to not see near as many of the following items as we do?:

1. No validation from the company of their technological progress: In the update on Nov 10, the company didn't address 3 of their largest technological objectives: First and foremost, the 2021 goal to have their technology qualified as a client-ready PDK for testing has not yet been validated. And 2 of their main objectives for the year as stated last December were not even referenced: Full wafer poling and their plan to partner with a company to help achieve automated poling for high volume. And the completion of the "back-end" process using ALD technology for inclusion in the foundry PDK.

2. The evasiveness regarding their first "commercial" announcement. GIven the lack of revenues from this partnership - announced 5 1/2 months ago - it doesn't seem to meet the criteria for high volume production - as here we sit 5 1/2 months later with no evidence of any real commercial acceptance. The best we have about this completely vague announcement is that an unspecified amount of material was ordered in October..

3. No validation of completing reliability testing or where it stands in relation to customer requirements for testing out in their own labs for their own purposes. They have said reliability testing would be increasing into next year though..no end in sight.

4. No validation that ANY potential end users are even testing out their products yet. It's 2011, 2012, 2013, 2014, etc.. all over again!

5. The Nov 10 commentary indicates that out of the 5000 data centers and 40 transceiver companies who could use their not-yet-released-product, they have had "multiple requests" for a prototype. Why not dozens, or even hundreds if they are viewed as the solution needed now? And, Dr Lebby gave no indication that they actually had sent any prototypes to these companies - only that there have been requests. He hosted meetings to discuss licensing, which sounds good, but little perspective was given re the outcome -- he didn't indicate if those are expected to lead to an agreement soon or if they were told the company still needs to do X, Y, and Z first.


For those that believe competition is the reason they haven't followed up with shareholders on their technological progress, there are the following clues that don't require divulging their own progress that are perhaps even harder to explain away:

6. No shout-outs or clear validation from industry insiders, analysts, large investors, or actively-managed institutions. YOWZA, that's a big one.

7. The primary marketing/sales person, Atikem Hailemariam , currently is working for 4 companies at the same time. HOLY MOLY!

8. No interested companies or people willing to become 5% owners and ride this train to riches.

9. At the recent Optica conference - after supposed reliability testing was revealed, the industry was NOT talking about Lightwave as the solution, but instead was only saying they need to find solutions...ie it indicates this is WAY EARLY still and the narrative about having been working covertly under NDAs with Amazon, Google, Facebook, and perhaps dozens of other companies was blown to bits as being just more of the same kind of hype this board has pumped to dupe naive newcomers for that last 12+ years.

10. Insiders not participating in legal share-purchase programs using a dollar cost averaging approach.

11. Directors SELLING shares instead of buying them.

12. Top 2 guys taking $2.6m in cash each as soon as they could come up with a reason to do so -- ie company uplisted to Nasdaq thanks to a massive pump based on Dr Lebby's words about being "in foundries" 2 years ago and fueled by a massive influx of amateur traders staying at home because of Covid.

13. Funding still provided from an outfit Lincold Park Capitol that sells shares into the market as soon as it gets them. If they saw potential here they wouldn't be selling - they would be accumulating one way or the other.

14. The very high short position in the stock - last I checked it was in the top 2.2% of all stocks.

It doesn't take a photonics expert to see where things really stand here, and no amount of arguing that "secrecy due to competition", NDA agreements can stand up to these undeniable facts that reveal the actual TRUTH here.

The truth is something that burns. It burns off dead wood. And people don't like having the dead wood burnt off, often because they're 95 percent dead wood. Don't lie about anything, ever.

FUD is sometimes a VERY GOOD thing.

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