Replies to post #123387 on Lightwave Logic Inc (LWLG)

[Abig]

Thank you Richard. It is spelled out pretty clear what we should be expecting. Lebby has stated we are on track. This is the track !

[Lightning_Rod]

Thanks Richard... This provides quite a lot of clarification to me as to what to expect this quarter.
The terms are helpful and a little research on each one gives me some insight into the next 6 to 12 months.

L_R

[Richard_LaRiv]

Let me summarize my last post:

(1) Alpha prototypes built in foundries, expected in the next five weeks.
(2) Beta's, literally any day now.
(3) Licensing agreement, also could be any day now.
(4) Tech transfer to foundries, expected any day after January 1st, 2023.

Revenue could be recognized in step 3, step 4, or shortly following step 4 when full scale production begins.

[Mediabuzz]

Richard couldn't say it any better....

This company provided timeline is the only timeline. All of us long term investors should not give a second thought to how people on a message board feel. How someone feels does not change the facts. Just investigate the industry, competition, and the company to come to the right conclusion. This is a great short term investment opportunity with a time horizon of six months. This is a once in a lifetime opportunity with a time horizon of three years.

[prototype_101]

worth another LQQk >> My favorite slide "Commercialization with timing" from the shareholder meeting last May and my commentary below.



(1) "Proof of concept prototypes with fabrication from silicon foundries" are expected by the end of this year (in the next five weeks).
Proof of concept prototypes, also called the alpha version.

(2) "Engineering samples using silicon foundry fabrication" are expected in the current window from now until June 30, 2023.
From wikipedia:
"Engineering samples are the beta versions of integrated circuits that are meant to be used for compatibility qualification or as demonstrators.[1] They are usually loaned to OEM manufacturers prior to the chip's commercial release to allow product development or display. Engineering samples are usually handed out under a non-disclosure agreement or another type of confidentiality agreement."
https://en.wikipedia.org/wiki/Engineering_sample

It seems reasonable to expect the partners to remain unnamed under NDA until the beta evaluation is complete. We all know what comes after beta versions. It is full scale manufacturing and commercialization starting with signed licensing and tech transfer agreements.

(3) "Licensing/supply agreement" is expected anytime from now until June 30, 2023.

(4) "Technology Transfer definition and qualification" is expected anytime between January 1, 2023 until June 30, 2023.

This company provided timeline is the only timeline. All of us long term investors should not give a second thought to how people on a message board feel. How someone feels does not change the facts. Just investigate the industry, competition, and the company to come to the right conclusion. This is a great short term investment opportunity with a time horizon of six months. This is a once in a lifetime opportunity with a time horizon of three years.

-Richard
Bullish
BULLISH

[prototype_101]

I added this post as a YELLOW STICKY because I believe this particular slide is absolutely KEY to understanding exactly where LWLG is in the MASS COMMERCIALIZATION process

My favorite slide "Commercialization with timing" from the shareholder meeting last May and my commentary below.



(1) "Proof of concept prototypes with fabrication from silicon foundries" are expected by the end of this year (in the next five weeks).
Proof of concept prototypes, also called the alpha version.

(2) "Engineering samples using silicon foundry fabrication" are expected in the current window from now until June 30, 2023.
From wikipedia:
"Engineering samples are the beta versions of integrated circuits that are meant to be used for compatibility qualification or as demonstrators.[1] They are usually loaned to OEM manufacturers prior to the chip's commercial release to allow product development or display. Engineering samples are usually handed out under a non-disclosure agreement or another type of confidentiality agreement."
https://en.wikipedia.org/wiki/Engineering_sample

It seems reasonable to expect the partners to remain unnamed under NDA until the beta evaluation is complete. We all know what comes after beta versions. It is full scale manufacturing and commercialization starting with signed licensing and tech transfer agreements.

(3) "Licensing/supply agreement" is expected anytime from now until June 30, 2023.

(4) "Technology Transfer definition and qualification" is expected anytime between January 1, 2023 until June 30, 2023.

This company provided timeline is the only timeline. All of us long term investors should not give a second thought to how people on a message board feel. How someone feels does not change the facts. Just investigate the industry, competition, and the company to come to the right conclusion. This is a great short term investment opportunity with a time horizon of six months. This is a once in a lifetime opportunity with a time horizon of three years.

[laudholm]

What is TRL7? Technical Readiness Level
System prototype demonstration in an operational environment
"Prototype near, or at, planned operational system. Represents a major step up from TRL 6, requiring the demonstration of an actual system prototype in an operational environment such as an aircraft, vehicle, or space."

[x993231]

I tried to find it yesterday, but I could not find the old TRL scale slides, I know they are out there, this is the first year they put on the timeline guidance.


We need more likes on his post.

X

[prototype_101]

LWLG - TIMELINE SUMMARIZATION



(1) Alpha prototypes built in foundries, expected in the next five weeks.
(2) Beta's, literally any day now.
(3) Licensing agreement, also could be any day now.
(4) Tech transfer to foundries, expected any day after January 1st, 2023.

Revenue could be recognized in step 3, step 4, or shortly following step 4 when full scale production begins.

[prototype_101]

LWLG - TIMELINE SUMMARIZATION

https://investorshub.advfn.com/uimage/uploads/2022/11/25/ilyyxTRL.PNG

(1) Alpha prototypes built in foundries, expected in the next five weeks.
(2) Beta's, literally any day now.
(3) Licensing agreement, also could be any day now.
(4) Tech transfer to foundries, expected any day after January 1st, 2023.

Revenue could be recognized in step 3, step 4, or shortly following step 4 when full scale production begins.

[tedpeele]

Remember all the 'likes' this one got? How's it going? Nothing has changed! Same timeline to commercialism! All is on schedule..really?