deepl translated comments from herman
computer translation is sometimes strange and funny but here we go; We seem to have expressions in Flemish that do not translate well into English
Just an overview of the latest developments at Lightwave Logic supplemented by comments from our man "on the Floor" from the super important OFC Exhibition Meeting.
Michael Lebby seems set to deliver on his promise for a wave of announcements, now for his announcement of impending deals. The latter will be a turning point for the stock price and if it involves a deal with a Tier1 the final end for shorters
On very short notice, two PRs followed one after the other.
The first was: Lightwave Logic Demonstrates World-Class 200Gbps Heterogeneous Polymer/Silicon Photonic Modulator Results
In it, Lightwave Logic indicated that they had their first "device" ready for sale.
Important was Michael Lebby's comment that it was a device that had come back via poling in the foundry itself.
In doing so, he turned the claim of naysayers that poling is a problem into firewood.
When asked if poling of say 10000 on a wafer was possible, Lebby replied no problem that's what we've been working on for 2 or 3 years.
In doing so, he turned the second argument of the naysayers that scaling is a problem into firewood.
Given the presence of 7 people from Lightwave Logic at OFC the complete management including 2 device engineers a demo was expected.
However, Lightwave Logic did not have a booth at OFC and a public demonstration was not forthcoming.
The question was why then this massive presence of LWLG staff members, turns out that demos did happen but in closed offices under NDA
The latter was somewhat confirmed by LWLG director Huang via the claim on LinkedIn "it is a device demonstration" , so we assume it happened privately.
Our man on site noticed quite a bit of LWLG movement around the meeting rooms of PHIX, possibly the place where the demos went on.
Phix confirmed earlier to LWLG shareholders that they are one of the package partners of Lightwave Logic so the contact is there.
A first highlight of the OFC meeting was the Optica Executive Forum attended by 400 industry CEOs/CTOs.
Noteworthy was the presentation by Google who cited the importance of hybrid materials, showing an image of a polymer modulator (SOH,silicon Organic hybrid) (see photo attached)
They did not mention Lightwave Logic so I don't want to state with certainty that they are a possible partner but even if it should be another polymer they should pass through the LWLG IP moat.
Another highlight was the panel discussion with CEOs from Coherent, Lumentum, Infinera, and Credo with moderator Michael Lebby.
What was interesting was the response from the CEO of Coherent when asked what strategy he used to make the company decisive. Apparently that was very similar to the strategy Lebby is now using at LWLG
Hopefully the various conversations and private demos will result in further collaborations.
So Lightwave Logic does clearly have a device ready for commercialization.
This may be the start of Prong 3 of the sales strategy, namely direct sales. The advantage of this is that it can be immediately booked as revenue.
The second PR is: Lightwave Logic eo polymer achieves world class performance of 400gbps with plasmonic mach transmitter modulator
This is a white paper in collaboration with Swiss ETH which used lwlg's Perkinamine on a Polariton platform.
A new "record" of over 400gbps was achieved here which is obviously important for the future
This test is mainly intended for LWLG's primary target market namely data centers.
For the immediate implementation of new 800G systems it is not important because this does not require 400G per lane.
However, this indicates that polymers are already ready for the next upgrades which underlines Lebby's claim that they have potential for the next decades
Also attached is a chart of institutional shareholders in Lightwave Logic. Remarkably, the growth the institutional contribution coincides with the increase in the shortselling percentage and the decline in the share price.
In other words, institutions did use shortsellers to accumulate at a cheaper price. A move that continues today.
Just to talk about these shorters they seem to be quietly reversing their positions at the moment.
Highest short position according to Nasdaq on 13/10/2023 22757363 shares short
Last known position according to Nasdaq on 15/03/2024 19912038 shares short
So 2845315 shares were covered during that period and yet the price remained near a low so those hoping for a great short squeeze be careful because the shorters' bag of tricks is extensive.
The only thing that could quickly hurt the shorters is in the very short term a major deal with a Tier1 or some kind of spin-off activity that requires real shares to be disclosed.
For people who follow the Ihub message board the following note there appeared an incredible post via a poster Fiscall that described very extensively the potential of LWLG with names of potential companies. However, upon inquiry with experts who I highly trust, this appears to be more of a write-up via an AI chat box and the information is totally unreliable and unusable. What I obviously do not mean by this is that the potential of Lightwave Logic is not very great, on the contrary Michael Lebby keeps claiming to want to become "ubiquitous" and who am I to contradict him.
Kind regards
Herman
one additional comment: All this with Perk 3 and we are already working on Perk 6 for the future.
