Lightwave Logic Inc (LWLG)

[prototype_101]

Timeline----> EVENTS from Dec 2023 to Dec 2024

1) from December 2023 Open Letter investors learned that Lebby was anticipating meeting his long-standing Timeline (same Timeline used since at least as far back as 2019) of Customer Acceptance deals in 2024, but LWLG/Lebby had not yet been successful in Foundry production on 200mm Wafers to support the high volumes ie millions of units, that Tier 1's required

2) from OFC March 2024 investors learned that the Tier 1 interest had skyrocketed from 200gbs world class performance demos

3) from the 1st Quarter summary report April 2024 investors learned of a HUGE MILESTONE that LWLG had now proven it's PDK's were functionally producing on 200mm Wafers

4) from April 2024 Belgium meeting when asked about the upcoming commercial deals Lebby was quoted as saying "What would you rather prefer? One big volume agreement with a Tier 1 or 10 smaller ones?” so apparently Lebby had ditched the Tier 2's at this time, likely NOT the best thing to have done in retrospect, to focus on the Tier 1 interest that was suddenly swamping him

5) from the ASM May 2024 Slide #29 (COLOR CODED!!!) investors learned that 4x200 PIC was in Qualifications!!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175536533

6) from PECC in October 2024 investors learned facts that support Transceiver partners being in late-stage Prototyping, ie. RF designs, Reflow considerations, Reference Designs

7) from Lebby's Benzinga November 2024 investors learned the following two things:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175387701

----> that LWLG/Lebby were working on Commercial Agreements with Tier 1 Transceiver makers on THREE Continents

----> that Tier 1 deals were taking "a little longer than expected" and would not meet the long-standing Timeline of Customer Acceptance in 2024, and now Lebby saying these deals would be in 2025

8) from the Lebby Podcast interview December 2024 investors learned that in Tier 1's Qualifications of the 4x200 are going EXTREMELY WELL, in fact Lebby was quoted as saying "trying to really understand how robust this material is, and actually we've been positively surprised, this is more robust than we expected"
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175537540

9) from the December 2024 news release investors learned of Lebby's abrupt departure and a new CEO named who is extremely well known in the Industry with a long history of DEAL MAKING

10) from December 2024 SEC filings investors learned that the newly appointed CEO and President are getting options with the 6 month fully vested window set at June 2025, historically these type of option grants are vested on a percentage basis annually over a 5 year period), this would strongly suggest the Tier 1's are now through their Qualifications and looking to lock down LWLG's game changing true Next-gen technology for themselves, personally I believe we will see a first buyout offer from one of these Tier 1's in the coming months in the $2-$5 Billion range, and I would fully expect this would trigger a bidding war, let's not forget what Lebby told investors when asked the question at the 2024 ASM in May 2024

Lebby's departure was a BUSINESS STRATEGY decision!!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175536521


I believe MrLWLG's post summarizes this well, here

There appears to be significant internal disagreement within the organization regarding the company's future direction and strategies. While Lebby's exit might have been planned for the longer term, the sudden turn of events and the lack of a prepared PR statement suggest a heated dispute, culminating in the immediate end of Lebby's CEO tenure. A possible scenario could be that the Tier 1 company has analyzed and integrated all test results of the PIC, and these results, as shown in LWLG's slides, have proven to be superior to competitors. One of the largest transceiver companies might now be pushing for exclusivity over LWLG's technology, potentially presenting an acquisition offer. A strategic decision by LeMaitre, Connelly, and other board members might deem such an offer irresistible. To put it bluntly, we know Marcelli is motivated by bonuses and likely wants to capitalize, just like other aging board members. Lebby, on the other hand, wants ubiquity for the technology, likely leading to a significant dispute and an abrupt one-against-all scenario, with his sudden departure as the result.

LeMaitre's initial communications indicate an acceleration in deal-making timelines.