Lightwave Logic Inc (LWLG)

[inversor86]

You guys are mixing up a trademark with a trade secret.

The downside of a patent vs trade secret is the patent will expose Indigo. This would make it easier to reverse engineer. Some tweaks of the formula could result in a comparable product. Or a company in China will rip it off altogether, they don't care about patents.

If the material is so unique there is no other like it then treating it as a "trade secret" could be a pretty damn smart move. Google went with the trade secret approach with their search engine algorithm. That is their "Indigo." That algorithm is worth billions. Intel uses them too. http://abcnews.go.com/TheLaw/story?id=6199526&page=1#.UWORQ0qt84w The list goes on.

When Lightwave gets bought out the lifespan of their patents play a key role in the valuation. By treating Indigo like a trade secret the life of it's proprietary use becomes potentially infinite and could be considerably more valuable.

I wrote this move off as someone who knows more than I do using good judgement.

More info on a trade secret http://en.wikipedia.org/wiki/Trade_secret