Lightwave Logic Inc (LWLG)

[x993231]

It is all in how one phrases it, they do not have ANY DEBT! They indeed have $30,000,000 in the bank earning interest (so I guess one could say $31.5 Million) specifically set aside for the ramp to pay expenses until June 2025. They are actively negotiating numerous contracts. The lab expansion is complete. New hires are in place, I think they need 2 more. This expansion was required to handle the ramp which will happen this year. They can focus on the ramp and contracts, no need to spend time on raising capital. Dude!

What is cool is that it will only require about 50 employees in total once full production is underway. How could they produce this critical material for billions of dollars of devices with so few people, welllll because it is a chemical that is mixed up in the lab and supplied to prebuilt Billion-dollar foundries to spin coat onto the Silicon Photonic Wafers. Most folks would kill for business model that does not require the construction of a factory to ramp up front.

X, Cash for the ramp, no need to raise money. Wow pretty cool. Look around for a business that is ramping and has all of the funds needed in cash in the bank with no debt to service. What happens with most companies in this situation is that they go to an institution up front and partner to raise the necessary capital. The shorts short it down, the shares are provided to the institution at the discounted price, the shorts cover, and the institutions make money. Cash in the bank, and if I do say so myself it is quite remarkable.