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MarcoPolo4

08/28/23 5:04 PM

#154784 RE: spartex #154762

Spartex, I am not sure that Dr. Lebby was communicating that the company that signed the polymer supply agreement can then go and market it to other companies who have their own device designs. That would give up a lot of control of the supply of polymers to another company. On listening to him he did not seem to be clear on how this contract would flow and lead to that. I heard him say "This licensing agreement is to supply our material to a company, and it could be more than one company and many companies who have their own device designs"
"Later he went back to saying "we are happy to license our materials ..." which I take to mean they do the licensing. This suggests he believes that there will be likely many similar licensing agreements of their materials probably based on this one as a model. Lightwave has talked in the past of choosing who they work with so I believe they still want control where the polymers go. This plan will speed up EOPs into different markets but I think Lightwave will be still making the deals.