Replies to post #145476 on Lightwave Logic Inc (LWLG)

[frobinso]

I know that Dr. Lebby is quite often these days using an analogy comparing our company to Universal Display corporation, and continues this analogy in his recent Benzinga interview, harkening back to their own first commercial agreement.

I was an investor in Universal Display at the time, and it was one of the tough lessons learned about selling an investment too soon - way too soon when they hold disruptive technology with a roadmap such as EO Polymers does.

Looking back as an investor, one of the best financing decisions they made was to enlist the help of Goldman Sachs to both help them in their mass commercialization efforts, and to explore strategic alternatives to include a potential sale. While it never translated into a sale, prior to any of their financings, their stock went up multiple dollars per day for multiple days on no news, and their financings were then transacted at levels where there was minimal dilution.

I used Bard AI to gather the details and timing, Universal Display went from nothing to multiple hundreds of dollars per share, and this was a significant strategic move that was a key growth catalyst for the company. The rest is history:

I would in some way like to communicate to Dr. Lebby, that it was precisely this time in the Universal Display tremendous growth story that they enlisted the help of Goldman Sachs, to help them commercialize their technology.

When did Universal Display Corporation enlist the help of Goldman Sachs?

Universal Display Corporation (UDC) enlisted the help of Goldman Sachs in 2019. UDC is a leading manufacturer of organic light-emitting diode (OLED) materials. Goldman Sachs was hired to help UDC raise capital and explore strategic options.

In October 2019, UDC announced that it had raised $1.1 billion in a private placement of convertible notes. The notes were purchased by a group of investors led by Goldman Sachs. The proceeds of the offering were used to repay debt, fund working capital, and support UDC's growth initiatives.

In addition to raising capital, Goldman Sachs also helped UDC explore strategic options. In December 2019, UDC announced that it was exploring a sale of the company. Goldman Sachs was retained to advise UDC on the sale process.

The sale process was ultimately unsuccessful, and UDC remains a privately held company. However, the involvement of Goldman Sachs in 2019 shows that UDC is a valuable asset and that there is significant interest in the OLED market.

My conclusion: Sometimes in order to get to the next level - seeking good professional strategic investment and financing council can make a difference.