Lightwave Logic Inc (LWLG)

[prototype_101]

Marco, In regard to the Dec 4th 2023 shareholder letter Lebby didn't lie to shareholders as Shorts here have continued to try and push this false narrative!!

Excerpt from the Dec 4th 2023 letter, Lebby said

In addition to this first licensee, we continue to receive strong interest from other potential customers in our innovative device platform and licensing our technologies. We are working hard to close additional commercial agreements by year end, but since, these are long deliberate processes, we can't guarantee that we will do so. We are presently working with a wide spectrum of companies including multinational tier-1 corporations which manufacture data communications network equipment

https://s3.amazonaws.com/b2icontent.irpass.cc/2586/rl128870.pdf

Here's what happened,

LWLG had a breakthrough in Jan/Feb 2024 with success on 200gbs modulators on 200mm Wafers at AMF which they got overwhelming interest from Tier 1s from Demo's done at OFC in March 2024, so they ditched the advanced negotiations with the Tier 2s they were dealing with that related back to the December 4th 2023 letter which indicated they were closing in on deals, what investors didn't piece together was that these were deals that could be supported by production on 150mm Wafers; these were not the Tier 1s which aren't interested in dealing with a company unless it can scale its volume to meet HVP needs, ie millions of units, which is what production on 200mm Wafers is capable of doing!!

Bottom line, Lebby never lied in the Dec 4th 2023 shareholder letter, but what he did do was pivot his strategy in the 1st Quarter of 2024 from focusing on the Tier 2s to focusing on the Tier 1s, and because of limited resources he could not do both, and he chose the Tier 1s for obvious reasons in pursuit of Ubiquity, but that was at the cost of a lengthened Timeline

And now couple that with these excerpts of what Lebby said to the Benzinga (Nov 14th 2024) question on the commercialization status,

we've had a lot of interest from Tier 1 companies since then, I've given a few talks and a few updates, but what I can say today is that we have deepening relationships with these folks, and they are not just in the U.S., they are in Europe, as well as in Asia, and so this is interest level, these companies include some of the world's biggest Transceiver component manufacturers

we've been in deep discussions with this, and I'm working very very hard to put together Commercial Agreements on that, and this is something that I've indicated to our shareholders that is taking a little longer than it was expected, but it's also really exciting because now you can start thinking about the scale of our technology, so this is happening and I'm working really hard on it

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175387701

One thing I will conjecture is that I believe we really are involved with a lot of big players and I think that once one of these contracts gets finalized the others are going to fall like dominoes!!

Also Marco, in regard to the PPS being taken out to the woodshed with the issuance of the 3rd Quarter summary, I believe the selling that day was WAY OVERDONE, especially in light of understanding the TRUTH in why Lebby's long-standing Timeline (from 2019-2024 remained unchanged) has been given a minor shift into 2025 due to the fact that Lebby is now negotiating deals with the largest Tier 1 Transceiver companies on 3 Continents, US, Europe, and Asia!!!

Follow the money Marco!! Look at what the Institutions did in the 3rd Quarter increasing 9 Million shares from 34 Million to 43.4 Million shares!!!