Replies to post #174012 on Lightwave Logic Inc (LWLG)

[CarlinNM]

Farmsara, My thought is that customers are probably satisfied with the product offering, but the Attorneys are playing tennis with the details of the contract(s).

IMHO, once a potential customer is satisfied with the product, the Attorneys start working on dissecting and revising the terms of a contract for each of their respective parties. Revisions go back and forth in the negotiation process. I'm ignorant when it comes to the corporate semiconductor industry, but I know for a fact, 1st hand that this is how it works in Commercial Real Estate.

I could be wrong, but I believe the product is ready to go, short of dotting the "I"s and crossing the "T"s on the actual contracts. I'd rather Lightwave take their time negotiating contract terms, than screw things up in haste. In my mind, this is why Attorneys make the big bucks.

[MarcoPolo4]

Farmsara, in order to sign a contract with Lightwave, a foundry would not do so unless testing of the polymers integrated into chips produced consistent results. Because the technology is not familiar, Lightwave has continued to test for all the important stability measures to prove that is not be a concern. Dr. Lebby has said the chips coming from foundries have tested well so that likely makes it easier for a foundry to sign, It comes down to haggling over details and this can go back and forth several times unless those issues were all agreed upon beforehand. Even so, lawyers sometimes finds language in contracts that needs clarification and this goes back for approval from both sides. It is hard to wait for us but it sure seems like some contracts are getting close. We need foundries to sign on but supply agreements and transceiver agreements are also good.
Foundries will run tests on wafers ongoing even after a contract is signed as their manufacturing reputations will always be on the line.