Replies to post #31960 on Lightwave Logic Inc (LWLG)

[prototype_101]

Per the 10-K LWLG has 10 full-time employees, and 2 locations, so you can do the math, not much in relocation costs for the materials scientists who continue with LWLG in Colorado

I hope this helps!

[x993231]

Moves are always tough, Colorado is beautiful but I would guess that some will stay in Delaware because as I remember when many were older with pensions in place.

The methods should be well documented by now, hopefully the key players will make the move, Delaware used to be the king of chemical jobs but not so much anymore.

The Dupont guys saved/recreated the recipe once, The Pharm cats cleaned the goo. Dupont and AstraZenica types had continuous quality improvement drilled into them so I'm sure everything is documented.

Hopefully all will move, but I seriously doubt it.

While we owe them a huge debt of gratitude when Eaton and Fasick recruited their buds with the best talent to help, I do not think any will think the company is only "theirs".

I think we'll be fine.

I'm sure their are some still in contact with employees and could give us an idea.

Xster Interesting.

[236T568]

LWLG to shut down its Delaware operations

Dumb question...

Lightwave is consolidating to one large facility in Colorado.

By the reading of the PR, the Delaware operations will be shut down.

-What happens to the employees, do they all move out west? Do they buy property? Rent? Does Lightwave subsidize housing? TravEl expenses?

How many employees are transfering?

How many employees do they have in general?

Geez.