Replies to post #174022 on Lightwave Logic Inc (LWLG)

[tkg]

it has happened with companies who have technology that could be taken up very widely and LWLG fits that category.

Reminds me a lot of the little company out of Clifton, NY I had a position in when the Google gorilla knocked at their front door...they had a video compression technology that Google needed badly, they had just bought YouTube a few years earlier. Larry and Sergey spent more on the jet they flew in on than the what they stole the company for...this ain't Dr. Lebby's first rodeo but it was for the boys out of Clifton.

On2 Technologies, formerly known as The Duck Corporation,[1] was a small publicly traded company (on the American Stock Exchange), founded in New York City in 1992[2] and headquartered in Clifton Park, New York, that designed video codec technology. It created a series of video codecs called TrueMotion (including TrueMotion S, TrueMotion 2, TrueMotion RT 2.0,[3] TrueMotion VP3, 4, 5, 6, 7 and 8).

In February 2010, On2 Technologies was acquired by Google for an estimated $124.6 million.[4] On2's VP8 technology became the core of Google's WebM video file format.
https://en.wikipedia.org/wiki/On2_Technologies#:~:text=Acquisition%20by%20Google,-On%205%20August&text=On%207%20January%202010%2C%20Google,valued%20at%20approximately%20%24124.6%20million.