Lightwave Logic Inc (LWLG)

[tedpeele]

You are mistaking me for someone else, apparently. I only tell the truth and here are 50 of them that longs find rather 'inconvenient', and 33 questions that longs have very few good answers to.

Please do find any lies and let me know which ones, and I'll modify the language:

FIRST FOR THE NEWCOMERS: to catch up on events occurring after the Red Flags sticky post at the top of the posts here which was published last August. That 'sticky' should at the least help you see the scope of the problem with this company.

1. Shareholders anticipate all reliability information to be released at ECOC (fall 2023), after which there will be no further delays in deal-making and 'floodgates' to open. ECOC resulted in select information being shared, and a report clearly indicating that for the first time companies were starting to want to learn more about what Lightwave offers. This was in contrast to the "Tier1s pushing the company' narrative now several years old.

2. Dec 4: CEO releases very positive shareholder letter when the stock is bleeding badly, which suggests strongly deals within a month or two. Tomorow it will be 5 months and still no deal.

3. Late February: CEO explains lack of deals due to requests for more evidence of reliability and scalability. CEO sets new goals for 2024 to be more transparent with investors to 'set expectations" - clearly an acknowledgement that his Dec 4 letter failed at doing that properly.

4. CEO announced as 'big milestone' 200mm wafer with working modulators from a foundry. Investors had thought this already happened 9-12 months prior.

5. 10k released which adds in the 200mm language, and shows low revenues which confirms that the deal already announced last ASM was not significant, despite hopes by investors to the contrary.

6. OFC comes and the hoped for transceiver demo does not happen. Rather he announces test results which sound as though 200gpbs were achieved on foundry modulators (though the wording is not clear). CEO makes off-cuff comment about thousands of modulators without discussing true status - ie hurdles re yields, reliability, scalability. Andy B does NOT confirm polymers are 'ready' despite Dr Lebby saying months ago he needed to 'update his slide'. Engineering team does show some kind of demo showing good signal strength but it's not a transceiver demo.

7. April: Ceo announces demo to be shown at ASM, and says in interview will be showing the demo to prospective clients over the next 6 months. This imo is an obvious 'tell' and a fulfillment of his intention to lower shareholder expectations - so that ASM doesn't arrive with expectations for a deal.

8.Late April, CEO meets with some shareholders in Europe. Stock falls immediately same day and in days after to new lows in the mid $3 area, while the market rises strongly. Lead guys put together 'secret' email indicating various positive messages from Dr Lebby - the main one being more positive statements lacking clarity re the true status of the technology, and the NEW explanation for the big miss in the Dec 4 letter that the company is now focusing on large companies, the addition of 2 new large ones since OFC - once again leading investors to expect a 'deal any day' in contrast to Dr Lebby's own 'funnel' slide from 2023 ASM saying start to finish takes 18 months. The Lightwave part-time salesmen reportedly told someone they now have tripled the NDAs from a few years ago, implying 40 have been signed. The faithful believe that is signifcant. The careful packaging of this new narrative out of the Eurpoean meeing in Antwerp helps stabilize the stock slightly.

9. Late April, for the first time an industry analyst, Mark Lutkowitz, posts on Linked-in some positive statements about Dr Lebby which matter-of-factly point out Dr Lebby's positioning in the industry as something he has leveraged to help market/argue for Lightwave's polymer solution to provide credibility. Mark's post received 18 reactions within hours. Mark further stated that he has not heard anything to suggest Lightwave's is 'offering something subtantial', with industry input being his criteria. This is as opposed to TFLN, which he has received significant feedback about. He posts that he believes there likely will be only one winner due to the large industry investment required and that it is likely to be TFLN. Several shareholder immediately try to discredit Mark's credibility.

Newcomers, don't be foolish. The above is entirely consistent with the pattern seen in the Top Three Red Flags sticky post, and also as shown in the following:

HERE ARE THE 50 REASONS THE STOCK IS LOW: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174225579

HERE ARE 33 QUESTIONS LONGS JUST DON'T HAVE MANY GOOD ANSWERS FOR: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174232127


The case against Lightwave is very strong. Not that they are a complete scam, but that anything they say with regard to timeline to commercialization can be trusted. Marco, a trusted poster here, repeatedly wrote that Dr Lebby's timeline all along has been 2024-2025. I went back and proved that in ASM 2021 - while a timeline was not explicitly stated,there was a slide showing 2019-->2020-->2021-->COMMERCIALIZATION Polymer Plus as clear day and the entire tone of the presentations implied that since the company had moved into foundries they would be announcing major commercial deals by late 2021- early 2022. This enabled the stock to organically uplist to Nasdaq, Dr Lebby and Marcelli to each be awarded $2.6m in cash bonuses,and every director to sell options for profits (several in the millions of dollars) by early 2022.

Nobody who is unbiased can watch minutes 6-20 in that presentation and think that Dr Lebby was selling a 3-5 year timeline. Marco has been called out 16 times now to acknowledge his error in judgement. Finally he responded by appealing to 2022, and not all the evidence from 2021!. Others have been challenged to refute this interpretation of ASM 2021, and no long has tried to refute it.They just can't. But they still trust Dr Lebby and his timeliness...

So many facts, but one has to be willing to see them...newcomer maybe they really do have something but with this company the devil is always in the lack of details...