Replies to post #5482 on Lightwave Logic Inc (LWLG)

[x993231]

I guess that it is what is guys, IMO nothing illegal or civil, bad judgment, maybe, but we got rid of him a couple years ago and are left with a hangover that we just can not shake off. I hope that this is moving forward but honestly there isn’t much we can do except sell OR wait it out. It would be nice however to see the F’in Executives buy a few shares with our money though. Shoot why can’t they open up a Fidelity IRA and buy $6k a year take the deduction the cost would be minimal. It appears that while they are not allowed to buy any with their own money they are OK with giving it to each other at a buck, the longer they hold out the better the deal for them. Oh I know it is because of the insider knowledge that a contract is coming in 3 years, Lol. You cannot tell me that these guys do not operate their budgets at home with what like $300 a month (after tax) wiggle room.

I’m still holding though, I understand the frustration and cannot make excuses for them other than to say that we have come a long way since the shareholders meeting but the 3 years before that sucked up all our patience, let us hope that they have a plan and are executing it. Frustrated as ever but holding, actually picking it up in dribs and drabs. Bitching and moaning is contagious so I’ll try and not participate (too much).

It is as simple as this, If you do not believe anyone else on face value Fred Leonberger and Turpin were true outsiders that did not need a job, they saw something, not sure how long it will take to iron out the bugs but they know what they see.

I wonder if the investor presentation will be available for us to view, Hal Bennett did an excellent presentation years ago demonstrating the potential, take out the 3 year delay and we are proceeding but that 3 years killed us, it sucked out the oxygen and diluted the crap out of our shares. I’m done rambling, basically nothing to add but frustration.

Good Day
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[inversor86]

I am not a lawyer, my wording or understanding of the law will not be accurate. However, I don't often doubt my own reasoning because it has proven effective for me. I scored in the 92nd percentile when I took the LSAT a few years ago, I know something about critical thinking and reasoning. I own 17 different stocks this is the only one that I wonder in certain instances "can they do that?"

Here's an example of what I mean when I say I'd like to know if a law is being broken. A potential investor could visit the company website right now and would come to understand that Lightwave is working with Lockheed Martin. This could factor into an investment decision for someone. The same paragraph has been up both before and after the SHM where Tom said he was finished with LM. If given the opportunity I would ask a professional if it violates any law for a public company to continue to present a relationship as one that is ongoing and current when it is in fact not. I would not ask this question so I could try to sue them over it but rather because to me it seems wrong for it to be happening and I would like to know if my suspicion is valid or invalid.

Here is the paragraph from my example.

Lockheed Martin

Lightwave is providing proprietary designs for specific products for use in military applications. Initial revenues, should they materialize, would be in the form of design and non-recurring engineering fees followed by prototype fees. Ultimately an even larger revenue opportunity would come from supplying the advanced polymer material into full scale production.

http://www.lightwavelogic.com/applications_project_development.html