Lightwave Logic Inc (LWLG)

[dude abides]

Lebby has been a master at buying time.

He knows exactly what he's doing - this is going to be his new thing. "these are big / complex deals that take lots of time!"

The first deal was a favor to Lebby and bought him a year.

This new statement will buy him another year which I think they need.

I don't think this is bad news at all - simply because I don't know where he could go from here. This is the end - we know the excuse he will have in May.

The only question left is what's the timeline for these deals then?

If you look at last years ASM - there's a slide that says it takes 18 months to finish up a deal and they have 2 customers they're focused on. If you assume they started in Q1 2023 they're on the clock starting in the 2nd half of 2024.

I don't think we ever see an actual deal. If a Tier 1 decides to implement this en mass as Lebby is suggesting, they will just stroke a check and own this thing. I actually wonder if that may be closer than we even think - can't think of another reason why they haven't received their share bonuses yet for the year yet besides the possibility this is being discussed.......