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tedpeele

09/09/23 11:36 AM

#156681 RE: x993231 #156680

Which ASM? I'll listen again. Dr Lebby became CEO in 2017 yet the 10k for the 2017 year still says to expect commercialization in 2018, and that was filed nearly a year after he had become CEO. Maybe it was an oversight, and they DID remove the language the next year, so it was a step in the right direction..

but now we are hearing of commercialization hopes but the supposed ACTUAL commercialization announced so far hasn't produced anything:

https://www.sec.gov/Archives/edgar/data/1325964/000155335018000222/lwlg_10k.htm (page 41)

We expect that we will incur approximately $475,000 of expenditures over the next 12 months. Our cash requirements are expected to increase at a rate consistent with the Company’s path to revenue growth as we expand our activities and operations with the objective of commercializing our electro-optic polymer technology during 2018.