Replies to post #161770 on Lightwave Logic Inc (LWLG)

[tedpeele]

The company had over $25m for nearly a year. IF they really were on the verge of being able to commercialize their work with Foundries it is hard to understand why they would wait some 8-9 months for the expansion space to become available, with that kind of cash on hand, and funding in place for more. Could they really not have bought out their last tenant with some of that $25m?

Dr Lebby TOLD US what the expansion would be used for

Some of the things that we're going to be doing...But this is what is going to be useful. Production device test and evaluation, production reliability, laser characterization, SCM analysis and a big area of expansion of our chemical synthesis production line.

From 2023 ASM transcript. Ongoing reliability testing to support the results from Foundries is likely -- especially given Dr Lebby's comments many times saying that those are the kinds of data the industry wants to see. But again..the lack of urgency suggests some or several things are holding them back with the foundries: Most likely? Cost effective scaling and meeting of specifications.