prototype_101
7 hours ago
keep in mind the 40+ year Industry quest of all the major companies, the government, DARPA, DOD, was for a highly stabile and highly EO active Polymer which has VAST applications, for long-timers, remember Terry Turpin and the " what killer app?", anyways LWLG has this in hand today, no other company has this, so make no mistake this is highly valuable technology and will become ubiquitous in uses just as Lebby has told investors so many times!!
The PkM material systems have accomplished what Industry has sought after for 40+ years, it is the holy grail of Photonics
IBM, Lockheed Martin, DuPont, AT&T Bell Labs, Honeywell, Motorola, HP, 3M, and others in addition to numerous universities and U.S. Government Agencies, have attempted to produce high-performance, high-stability electro-optic polymers
x993231
9 hours ago
I consider this the first day of spring, Jr, and Sr plows away, salt bags put up until next year, ,stabol in gas equipment the dandelions are blooming. Punk it is Sunday, Church and all, do I really live in your head this much? Relax Bro, the sun doesn't rise and set by your words.
Great day, just relax and sleep well bro.
X
prototype_101
10 hours ago
the latest round of Annual Incentive Comps were issued at $5 strike, and this was at a time the PPS was in 3's!!
20 MILLION Shorts Covering Deadline Established June 2025, the gauntlet was put down with the issuance of the new CEO and President Incentive Options being FULLY VESTED in 6 months or June of 2025, this is an UNPRECEDENTED MOVE in the entire history of LWLG!! Normally these types of Incentive Compensation Options are issued to vest incrementally over a 5 year period
a couple more things to keep in mind,
1) the latest round of Annual Incentive Comps were issued at $5 strike, and this was at a time the PPS was in 3's!!
2) Leonberger buying up 100,000 options outright and disposing of exactly ZERO!!
Oh and BTW, the fact is that the long-term investors here are not paid to post, it's the unethical bashers who the cat's been dragging in that are paid, from one basher recent post "LWLG not having promise"? Seriously?!!!
Remember, the Industry worked extremely hard in the 80's and 90's for the holy grail of Photonics development which was a stabile Polymer but was largely unsuccessful in ALL their efforts including the largest companies, the government, DOD, DARPA etc, IBM, Lockheed Martin, DuPont, AT&T Bell Labs, Honeywell, Motorola, HP, 3M, and others in addition to numerous universities and U.S. Government Agencies, have attempted to produce high-performance, high-stability electro-optic polymers
The Great Pumpkin
10 hours ago
That’s not how it works. It would be issued upon a hostile takeover attempt. These scammers aren’t going to make it easy for someone to take their piggy bank away. It’s all in the SEC filings. You’re theory is just that, a theory that’s bunk.
Contractual Provisions
Our employee stock option agreements include change-in-control provisions that allow us to grant options or stock purchase rights that may become vested immediately upon a change in control. The terms of change of control provisions contained in certain of our senior executive employee agreements may also discourage a change in control of our Company.
Our board of directors also has the power to adopt a shareholder rights plan that could delay or prevent a change in control of our Company even if the change in control is generally beneficial to our shareholders. These plans, sometimes called “poison pills,” are oftentimes criticized by institutional investors or their advisors and could affect our rating by such investors or advisors. If our board of directors adopts such a plan, it might have the effect of reducing the price that new investors are willing to pay for shares of our common stock.
Together, these charter, statutory and contractual provisions could make the removal of our management and directors more difficult and may discourage transactions that otherwise could involve payment of a premium over prevailing market prices for our common stock. Furthermore, the existence of the foregoing provisions, could limit the price that investors might be willing to pay in the future for shares of our common stock. They could also deter potential acquirers of our Company, thereby reducing the likelihood that you could receive a premium for your common stock in an acquisition.
#scam
x993231
12 hours ago
I feel like I'm arguing just to argue because I'm all for a takeover. I've been here over 20 years and I remember reading it in 2016 reading something about change-in-control provisions, and as far as the directors being staggered there are Class I, Class II and Class III directors we vote on 1/3 of the board every year in May at the SHM.
Gotta put some worm castings on the Cherry trees and water them, I'd like to see some takeover offers hit the press, in my corporate days they "dun me well".
I think that you want the same thing as me, a decision is totally in the Board of directors hands over the years I've pretty much met every one of them, I don't think that I met Connelly (but I may have met him in Delaware without remembering it because it is so small and instead of a photographic memory I have a pornographic one), I've never met Yves but will make an effort in May. The board knows more than anyone on this ihub board, IMO the decision is best left in the BOD's hands.
Too nice to stay inside.
X
RREAGAN
12 hours ago
I'm not a bot. The poison pill Statement i made are accurate. Here's a better explanation for you.
LWLG Has NOT Implemented Any Poison Pill or Anti-Takeover Defenses.
A "poison pill" (also called a shareholder rights plan) is a defensive mechanism designed to prevent hostile takeovers by making it financially prohibitive for an acquirer to gain control.
Companies that want to avoid being acquired typically adopt one or more of the following strategies:
Poison Pills ? Triggering massive stock dilution if a buyer acquires more than a certain % of shares.
Staggered Boards ? Making it difficult to replace the board in a hostile bid.
Supermajority Vote Requirements ? Requiring more than 50% shareholder approval for major corporate actions.
Dual-Class Share Structures ? Granting insiders superior voting power over common shareholders.
The knuckleheads at Lightwave have NONE of these protections in place.
To Support my Statement, there is Mention of Poison Pill in Any SEC Filings.
I reviewed 3 years of 10-Ks, the 5 most recent Proxy Statements (DEF 14A), and the last 10 8-Ks to confirm that there is no poison pill plan mentioned, there are no staggered board provisions. There are no enhanced voting requirements, dual-class share structures, or supermajority voting that would prevent a takeover.
Their board governance policies do not include takeover defenses.
In fact, the company modified its bylaws to change stockholder voting structures, making governance more flexible—not more restrictive.
This shows Lightwave is leaving Itself open to an acquisition.
Companies that want to remain independent almost always implement a poison pill to deter hostile takeovers.
The fact that they hav NOT adopted any of these defenses strongly suggests management is open to a sale or already in discussions.
If an acquisition were happening against the board’s wishes, they would have implemented defenses—but they haven’t.
Some comparisons to companies that have used poison pills are:
Twitter (2022) ? Implemented a poison pill when Elon Musk attempted a hostile takeover, making it costly for him to acquire more than 15% of shares.
Papa John’s (2018) ? Enacted a poison pill when the founder attempted to regain control.
Both of which you can see defense measures were in place beforehand within their filings.
Lightwave has taken no similar steps, reinforcing the likelihood that they are receptive to acquisition discussions.
I suppose I'd better provide this type.of detail for all of the other points I posted. Once you see it all together, you can't unsee it.
See you on the other side of acquisition or Partnership.
prototype_101
12 hours ago
When too great of success bites you in the ass, a short case study
December 2023 developments and IP building but still no success with scaling on to large 200mm Wafers achieved, Lebby working several Tier 2 deals that would not require the mass production of large Wafers
March 2024 Lebby at OFC demo's 200gbs modulators produced on 200mm Wafers with world class performance metrics and is overwhelmed by Tier 1 interest in LWLG's technology now, there are a dozen or more Tier 1 NDA's signed, and some even begin sending teams out to LWLG's CO labs to further investigate things, Lebby tells investors he is now not just being pulled along, but dragged along to get things done even faster, Lebby tells investors he had to pick and choose the "friendly's" from amongst all the Tier 1's trying to get his attention!! Sounds like a good problem to have right? but is it really?
Lebby turns his attention away from the Tier 2 deals he was going to be closing deals with in 2024 to devote his attention to the Tier 1's he has hand chosen now, saying to investors "what would you rather have, 10 small deals or 1 giant deal"? so Lebby believes his small devices team can handle to builds of what Lebby described as "deepening relationships" with some of the largest Transceiver makers in the world on 3 continents, by the time of the ASM in May 2024 Lebby shows Slide #29 (color coded) showing PkM-6 and the 4x200 PIC were "In Qualification" and by fall 2024 LWLG won the Optical Integration Award at ECOC (for "Ease of Integration") for the second straight year!! Everything is looking like it's coming up roses, but by late 2024 Lebby declares he "needs a little more time" as apparently his small LWLG in-house devices team could not get to a successful completion of their custom 4x200 PIC device builds and get a deal inked before 2024 would end as the long-standing Timeline Lebby set out at least as far back as 2019 called for this Tier 1 Customer Acceptance in 2024
Lebby having such great success early in 2024 was also the cause of the following
1) Lebby switching horses mid-stream and not closing the Tier 2 deals he had been focused on before the OFC success with Tier 1's
2) Lebby "picking & choosing" what he called his "friendly's" from the long list of interested Tier 1's because of his limited in-house resources, ie devices team,
a) this had the effect of NOT servicing MANY interested Tier 1's which wasn't a good thing
b) being under staffed in-house caused slower progress on those "friendly's" than could have been had with their larger device teams, after all THIS IS WHAT THEY DO!!!
c) LWLG working on Tier 1 custom PICs was causing those Tier 1's to see LWLG as possibly a Competitor as well as a Supplier
The change in Business Strategy opens the door now to ALL the interested Tier 1's and allows LWLG to focus on the Material Systems, this is the life blood of the Industry quest to begin with, and it is worth an absolute TON, there are MANY MANY applications, see this post of mine for a complete explanation
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175885114
tcubed
19 hours ago
As of the last 10-Q, dated 11/12/24 for the period 09/30/24
Preferred Stock
Pursuant to the Company’s articles of incorporation, the Company’s Board of Directors is empowered, without stockholder approval, to issue series of preferred stock with any designations, rights and preferences as they may from time to time determine. The rights and preferences of this preferred stock may be superior to the rights and preferences of the Company’s common stock; consequently, preferred stock, if issued could have dividend, liquidation, conversion, voting or other rights that could adversely affect the voting power or other rights of the common stock. Additionally, preferred stock, if issued, could be utilized, under special circumstances, as a method of discouraging, delaying or
preventing a change in control of the Company’s business or a takeover from a third party.
https://www.otcmarkets.com/filing/conv_pdf?id=17963639&guid=wBB-kFxAigoCVch
prototype_101
1 day ago
Reagan, you put together a fairly compelling study of relevant information, I have been hopeful that LWLG would be left to grow its business organically beginning with the Modulators for Datacom/Telecom and then mushrooming out into the many various verticals including LIDAR, medical devices, sensors, compute, etc, but the value of the PROVEN technology LWLG has in-hand today is HUGE in and of itself, it is the long sought after holy grail of Photonics that for 40+ years all the largest companies, the government, DARPA, DOD, etc have all tried and failed to accomplish, my current MINIMUM valuation for Developments and IP to-date is in the $1-$2 Billion range which would equate to about $8 to $17 per share, however I think if the company entertains any such offer there may very well ensue a bidding war, and the companies Lebby has told investors that would be our customers, ie Google, Amazon, Cisco, Nvidia, etc are all RICH in cash on their Balance Sheets and it would be a major coup for whomever controls this technology for implementing the true Next Generation of solutions for Ai and the Internet of Things
Let's see what Yves has to say of March 13th and I'm sure we will have a better indication of the direction of deal(s) to be done, whether that be with Strategic Partnering with various Tier 1's or an outright buyout of the company!
RREAGAN
1 day ago
Alright Ladies- As far as I see- All evidence points to an imminent acquisition or announcement of ongoing discussions around a strategic transaction or investment that will then be announced as a definitive agreement By June. based on executive compensation structuring, insider activity, institutional accumulation, governance changes, and patent/IP positioning. Heres my case:
1️⃣ Change-in-Control Compensation (Golden Parachutes)
Indicator: Executives will receive payouts & stock acceleration if LWLG is acquired.
🚩 Why It Matters: Ensures executives do not resist an acquisition, aligning leadership interests with a buyout.
📝 Supporting Filing: Proxy Statement (DEF 14A, 2024)
---
2️⃣ Board Restructuring with M&A-Experienced Executives
Indicator: New board members specialize in corporate transactions & M&A.
🚩 Why It Matters: Companies expecting to remain independent do not appoint M&A-heavy board members.
📝 Supporting Filing: Proxy Statement (DEF 14A, 2023-2024)
---
3️⃣ No Poison Pill or Takeover Defenses
Indicator: LWLG has NOT implemented a staggered board, poison pill, or other takeover defenses.
🚩 Why It Matters: Companies that want to avoid acquisition install protections—LWLG has not.
📝 Supporting Filing: 10-K (2023, 2024)
---
4️⃣ Sudden Increase in Equity Grants & Short-Term Vesting Schedules
Indicator: RSUs & stock options vesting within 6-12 months (unusual for normal equity plans).
🚩 Why It Matters: Short vesting ensures executive retention during an acquisition.
📝 Supporting Filing: Proxy Statement (DEF 14A, 2024)
---
5️⃣ Cash Reserves & Liquidity Increase Despite Losses
Indicator: Cash holdings remain high despite negative earnings.
🚩 Why It Matters: Companies raise cash ahead of M&A for transaction costs.
📝 Supporting Filing: 10-Q (March, June, September 2024)
---
6️⃣ Insider Selling & Unusual Institutional Activity
Indicator: Former CEO Michael Lebby filed Form 144 to sell 250,000 shares through UBS Financial.
🚩 Why It Matters: Insiders often sell before an M&A is announced to lock in gains.
📝 Supporting Filing: Form 144 (Feb 2025)
---
7️⃣ Institutional Accumulation & Strategic Buyer Positioning
Indicator: Large purchases by institutional investors in Q3-Q4 2024.
🚩 Why It Matters: Hedge funds & strategic buyers accumulate shares before an M&A announcement.
📝 Supporting Filing: Form 13F (Institutional Holdings Report, Q4 2024)
---
8️⃣ References to "Strategic Alternatives" & Partnerships
Indicator: SEC filings mention licensing agreements & business combinations.
🚩 Why It Matters: Coded language used before an acquisition announcement.
📝 Supporting Filing: 10-K & 10-Q (2023-2024)
---
9️⃣ Unregistered Sales of Stock & Institutional Placement
Indicator: LWLG issued millions of shares to institutional investors.
🚩 Why It Matters: Strategic buyers accumulate shares privately before a deal.
📝 Supporting Filing: 10-Q (Q2 & Q3 2024)
---
🔟 Major Stock Issuance & Financing Moves (Aug 2024)
Indicator: LWLG raised funds via Lincoln Park Capital Fund & Roth Capital Partners.
🚩 Why It Matters:
Companies raise capital before M&A to improve valuation.
Two separate investment firms signal institutional preparation for a major event.
📝 Supporting Filing: 8-K (Aug 2024, Item 8.01)
---
1️⃣1️⃣ Another Key Board Appointment with M&A Ties (July 2024)
Indicator: Yves LeMaitre appointed to the Board
🚩 Why It Matters:
Former Lumentum Chief Strategy Officer—led a $1.8B acquisition of Oclaro.
Companies preparing for acquisition hire M&A-experienced executives.
📝 Supporting Filing: 8-K (July 2024, Item 5.02)
---
1️⃣2️⃣ Material Modifications to Shareholder Rights (June 2024)
Indicator: Bylaws amended to change stockholder voting structure.
🚩 Why It Matters:
Removing poison pill or governance cleanup often happens before an acquisition.
📝 Supporting Filing: 8-K (June 2024, Item 3.03)
---
1️⃣3️⃣ Executive Compensation Adjustments & New Options Grants (June 2024)
Indicator: CEO & President received large salary & bonus increases + stock options vesting in 6 months.
🚩 Why It Matters:
Short-term vesting aligns with M&A payout structure.
📝 Supporting Filing: 8-K (June 2024, Item 5.02)
---
1️⃣4️⃣ Shareholder Meeting & Voting Trends (May 2024)
Indicator:
Board re-election & approval of executive compensation packages.
🚩 Why It Matters:
Ensures leadership stability during an acquisition.
📝 Supporting Filing: 8-K (May 2024, Item 5.07)
---
1️⃣5️⃣ Rapid Increase in Patent Filings & IP Expansion
Indicator: LWLG expanded its patent portfolio, acquiring IP from Chromosol Ltd (UK).
🚩 Why It Matters:
Companies maximize IP value before an acquisition.
Tech & semiconductor companies often acquire firms specifically for patents.
📝 Supporting Filing: 10-K (2023, 2024)
1️⃣6️⃣ Unusual Options Activity
Multiple large call purchases on December 18 & 23, 2024, targeting March 2025 & June 2025 expiration dates.
Significant volume spikes, with some contracts showing open interest increases of 30-100x prior levels.
"Multi-Sweep" & "Size > Prior OI" trades indicate institutional or hedge fund positioning.
🚨 Why It Matters:
Large, unusual call option purchases often signal insider knowledge or market positioning ahead of a catalyst.
The timing aligns with an insider exercising their options, meaning someone may have anticipated a corporate event.
Call volume increasing this aggressively suggests speculation about an acquisition or strategic move.
See you on the other side.
prototype_101
1 day ago
keep in mind the 40+ year Industry quest of all the major companies, the government, DARPA, DOD, was for a highly stabile and highly EO active Polymer which has VAST applications, for long-timers, remember Terry Turpin and the " what killer app?", anyways LWLG has this in hand today, no other company has this, so make no mistake this is highly valuable technology and will become ubiquitous in uses just as Lebby has told investors so many times!!
The PkM material systems have accomplished what Industry has sought after for 40+ years, it is the holy grail of Photonics
IBM, Lockheed Martin, DuPont, AT&T Bell Labs, Honeywell, Motorola, HP, 3M, and others in addition to numerous universities and U.S. Government Agencies, have attempted to produce high-performance, high-stability electro-optic polymers
DanM51
2 days ago
OVER!? DID YOU SAY OVER!?
cue Bluto's big speech from Animal House.....
There are guys here that were pumping Rockley til the day before it went bankrupt.....There are guys here that held Spectra 7, at 10 cents, thinking that's gotta be the rock bottom and there'll be a miracle turnaround. (Ya got 2.8 cents per share for your troubles). There's guys here waiting decades for funding to dig a hole in the ground in Nebraska.
People expecting much out of the "special" call?--The cult wanted, begged, for more communication (hand-holding) so you got it from the new guy. If no other company is named as a partner, collaborator, licensee.....you still got nothing...