Replies to post #40987 on Lightwave Logic Inc (LWLG)

[prototype_101]

Inversor, from 10/23/18 Open Letter

We are happy to report that we are making excellent progress and are on track to achieve the goals we set out at our ASM in May 2018.

2018 ASM 12 month goals - "Technology Platform"

1) complete development and characterization of first-gen 50Gbs packaged modulator
2) provide sample devices to customers
3) evaluate polymer platform for lower voltage drive at 50Gbs
4) Demonstrate > 50 Ghz E/O Bandwidth
5) Accelerate Reliability testing of packaged modualtors
6) Design PIC Platform for 50Gbs modulators with InP laser

listed at the 16:00 minute mark as follows:

so doesn't really confirm the EOY 2018 thing, does it? I will say this though, in order to be "on track" to meet all of the goals of the 12 month plan I would think #2 on the list would be completed 8 out of 12 months into the period in question, or at least fairly close to that timeframe, Investors will get an Open Letter again in January 2019 so I'm sure that will be the latest we will wait to know when the protos have been/are to be sent

[gatesoft55]

inversor- you asked specifically about the removal in the most recent 10Q about delivery of devices to potential customers by the end of 2018. You asked if the removal of that statement indicated a delay in delivery of devices. Lebby responded "NO" that everything is still on track as indicated in the shareholder letter. So IMO that means they we should still expect the delivery of devices to potential customer by the EOY 2018.

I know Lebby referred you to the most recent quarterly shareholder update letter but that was written before the most recent 10Q filed November 9th and after the 10Q filed August 9th. The August 9th 10Q still had the language that devices were to be delivered in 2018. Lebby could have referred you back to the most recent 10Q but he chose to refer you back to the shareholder letter of October 23rd which when read together with the August 9th 10Q would leave a reasonable person to believe that the devices will be delivered in 2018.


GATES.

[Rubes0908]

Inversor, Thanks for sharing this and your efforts to get clarification. Still long here since 2012.