IMO, the science is right on track. The LSS has been an unknown all along and continues to be a mystery. The development activities are exactly what you would hope for. The signal of IMEC and OPSIS testing is positive and within the timeframe that was quoted last April. (i.e., "18-24 months"). If Lightwave can get through independent of LSS, the potential for shareholders is much larger.
I believe Lou Bintz did a good job explaining the realistic risk and reward for this development process.
Hey Gates -- Know how you feel. I tuned in halfway through and without hearing about the details that went before, Tom sounded tired and more tired. Everyone, Tom, Jim and Lou, sounded like they were just getting over getting kicked in the ass by a mule. Hard not to feel tired and discouraged too.