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Re: MarcoPolo4 post# 178083

Thursday, 02/01/2024 2:39:38 PM

Thursday, February 01, 2024 2:39:38 PM

Post# of 189104
Thanks so much for your detailed reply Marco based on your research and experience on these factors! Makes a lot of sense to be informed of how a CEO and financial folks are running the company. I remember recently that one biosensor company from UK some Lightwave shareholders owned went into bankruptcy filing as they were spending way too much $$$ on PhD people developing their product, and also had Apple back out of their commitment to use their software/sensor (?). Dr. Lebby's process is so much more low capital cost and he will be diversifying the way industry buys their polymers/devices via the 3-prong approach. Reduces risks tremendously.

That exploratory mining company has finally started their little mine, but the share dilution and capital costs to set things up before they provide revenues is brutal. I'm just glad I got out with 2x gains (as it is now 1/4 my sell price) to roll into Lightwave initially in the $3s. Then I sold off most of another holding (biotech) that was up 5x for me (fortunately, as it is now 1/3 my sell price) to add more LIghtwave share. That biotech company has some key patents, but again as you stated happens to most, they had to dilute a boatload of shares over time, multiple delays in trials, FDA issues, and are now finally awaiting word from UK regulatory gov on their immunotherapy treatment for glioblastoma.
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