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Friday, December 06, 2013 12:19:56 PM
I think Tom got a bit cocky in his verbiage, not realizing how the investors interpret what he said as the death of the LSS relationship, which is not even close to true, imo Tom was trying to show lil ole lightwave directing a bit more of its own future than being a push toy for the big boy LSS
well it backfired, Tom needs to issue an open letter now to,
1) (and most importantly) clarify the relationship status of the LSS
2) bullet-point the progress notes
3) layout the goals and timeline for 2014 (where possible)
when I emailed the company last night regarding the LSS, I got this reply,
We are putting the call up shortly. I think that you may have misinterpreted what we said. If you recall, the LSS liked our material but had wanted us to achieve certain other parameters which requires synthetic work. We are actually working on that, however we are also working on perfecting our materials for use in our own device structures. Tom made the decision to focus on this effort first before we go back to the LSS with our materials. This way--as he said on the call, we will be dealing from a position of power. Shareholders should be happy about this in my opinion.
Hope this helps.
yup, Tom's little comment on the LSS was not taken as it was meant to be!
still keeping the faith!
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