InvestorsHub Logo
Followers 4
Posts 827
Boards Moderated 0
Alias Born 12/01/2021

Re: chsmoke post# 184795

Monday, 03/25/2024 12:42:26 PM

Monday, March 25, 2024 12:42:26 PM

Post# of 195149
What we are seeing today is a repeat of the LWLG management playbook from last year - and a fairly transparent one at that.

Here’s how it goes. Make an announcement that “sounds” exciting to keep the pitchforks at bay. Remember last year when they announced their Hail Mary deal with an “unnamed” customer of unknown size for an unknown amount of revenue? We now know that was for a minuscule amount of revenue and almost certainly with Polariton, who is projected to sell what, a grand total of 3 devices? Not exactly an industry heavyweight with huge projected sales.

Today, we get a different spin on that playbook, announcing “world class heterogenous” results.

Sounds “exciting.” But notice what they don’t announce: Customers. Deals. Revenue. Any signs at all that they have a commercially viable technology that people are willing to pay them money for.

What happened to those “multiple customer deals” that were announced Dec 4 2023 that were projected to close as soon as Dec 31 2023?

Lebby and the management team are hoping that by deploying this latest round of smoke and mirrors, they can keep the pitchforks at bay again and get people to forget about those customer deals that mysteriously never materialized.

I think shareholders are smarter this time around though. They realize that customers aren’t buying what LWLG is offering - and they want to know why. Lebby owes them an honest answer of what kind of hurdles are preventing successful commercialization.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LWLG News