Lightwave Logic Inc (LWLG)

[MarcoPolo4]

An excellent summary on many of the past and present issues affecting the possibility of LWLG polymers being taken up by the industry. The work our management team has done to move this forward is made very clear by your post.

In reading this I could not help to think of the old saying " Don't bite the hand that feeds you". I remember the disappointment that we all had that there were no foundry partnerships other than AMF announced. This despite Michael Lebby describing over 4 years ago, many were engaging and he was predicting several foundries (I believe it was up to 5) would develop PDKs in a reasonable time frame. It did not happen and LWLG was dying on the vine. The big PIC makers were not going to feed LWLG if they were going to compete with them. Michael Lebby did not budge and he clearly forgot the warning not to bite the hand that feeds you.

The change in management was a blessing as it took the absolute practical approach, and as you said, Yves communicated with customers and was told building LWLG PICs was seen as a clear competitive position and they would not use polymers to elevate a competitor's position. Without customer support, the big foundries were likely not willing to develop Lightwave PDKs and if they did, it could lead to customers using another foundry for future business. Michael Lebby did not understand "Don't bite that hand that feeds you" but Yves and the big foundries certainly did and Yves put LWLG into a position as a good and capital healthy partner as a material and IP supplier, leaving companies operating in the optical chip design and build business to find the best designs to beat their known competitors. Being neutral in a competitive market has worked wonders for Switzerland and it will work very well for our small company. Getting a huge foundry onboard is a clear message there are willing customers waiting for results.

By the way, Walter's Post should be a sticky.