Lightwave Logic Inc (LWLG)

[MarcoPolo4]

Michael Lebby is a perfectionist. You have to be if you are a technologist. You must strive for the best iteration of your technology to be successful. He supervised Lightwave's polymer technology in a very good time frame for what was achieved. It required relying on outside manufacturing which was not under his complete control I believe he did a marvelous job in this.

It is a mistake for some to look at him and fault him for being a bad negotiator because it is hard to be flexible (like in negotiations) if you are a perfectionist. It is, after all, necessary to think flexibly in how to structure contracts and to respond to other companies' demands in the negotiating process in a way that can be a win-win for both. The Board had to act as the industry is rapidly moving ahead. Now it is necessary to be nimble, flexible and creative in a business sense. I can't fault him for not being all of that. It was time to make a strategic change. I hope he remains proud over what he accomplished here.