Someone was asking about how a merger/takeover/partnership/acquisition would work or could be structured and the value that both Lightwave and a Prospective partner bring to the table here is quick couple points that I see.
If we partner up with a private company that company now becomes public, not only does that get them trading publicly but it instantly brings about 3,000 investors along with it. I don’t know how many of you have ever participated in a small private company going public but for the first few years without a large float while the value is very easy to control, in reality without an investor base that value is meaningless. With Z speaking to investors along with Miller and probably more importantly Leonberger explaining the synergies of such a merger (because of the following and respect in the market that those individuals bring to the table) the base would increased greatly, when demand increases so does the share price. and I’m sure that many of those followers have deep pockets.
Investor Base
Publicly traded
Management that has done may SUCCESSFUL merger and acquisitions
Management that has a track record of developing new products in this market
Management that could call for an audience with any fortune 500
We (the investors) want it all and want it now but IMO, by far and away the most valuable thing that we bring is Perkinamine and the IP behind it. The value in not jumping the gun and waiting a little while could be huge. When Babu nails it consistently and he WILL and with Greenlee testing, with evidence that the Large System Supplier likes what they see our negotiating strength/value in a partnership is increasing 10 fold. Timelines are one of the most important things in a negotiation, we are the only ones with the Perkinamine, we’ve got about a year’s worth of cash on hand, going forward and seeing/worrying about where the money would come from for 8 years I DO NOT SEE cash as being a problem now. There are however many, many others playing in this market so I don’t think that they can afford to sit on their hands.
Our partners will bring commercial device knowhow and customers, remember that up to this time, for the most part, in fact going back as far back as the Hal Bennett days, the ONE BIG thing that we lacked has been device engineering.
This thing could go many, many different routes but I still say that once we ink the deal with Company A,B,C etc. we will become a slightly larger fish and once the spring rains come (in the way of a device) and we hit the open sea (device market) will be consumed by one of the largest fish in the ocean (LSS) and the crap that comes from that takeover will be cash to the investors.
Just my take, no time to proof, the reason that I haven’t been posting much is that I’m no longer concerned. Either Fred was right or he wasn’t apparently it is still the same old thing, inconsistency, it sounds like for the most part they’ve got finally got it cleaned up but there is still a few last remaining factors that need to get hammered out. Again I go back to the days when the Perk was so dirty that it fouled the Acilapure equipment (cost me like $175k), I was talking to Andrew about that at the Share Holders Meeting and when I said it, he kind of turned his head sideways and said “Oh, yeh I remember that” in fact when he was moving the equipment to the new lab he noticed that Lightwave ended up with one piece of their lab equipment.
Bottom line is that I’m not worried, sorry but I’m not, these guys are far and away more intelligent than I am, I’ve placed my bet and still buying I think that we will see quite a few pops in the price going forward.
No Proof reading I’m not even sure if this makes sense.
Gotta Run
