prototype_101
7 hours ago
Marco, yes, very perceptive on your part, supplier vs competitor perception may very well have been a significant part of the holdup with getting the Tier 1's to ink deals with LWLG, that coupled with the fact that since OFC March 2024 the sheer volume of Tier 1's interested in LWLG's technology haven skyrocketed, and Lebby choosing the "friendly's" as he called them was working with the largest Transceiver makers on 3 continents presumably foregoing the generic 4x200 PIC to work on custom 4x200's with Lasers etc under NDA's with each of these Tier 1's, that would have been a HUGE task for LWLG's limited Devices team! It is hard to say, also, did any of these Tier 1's have LWLG working with THEIR Foundries? These are all hard to know because everything would have been under NDA's, but Lebby did say he was missing his long-standing TImeline goal of 2024 Customer Acceptance "needing a little more time" and pushing that goal into 2025, my assumption would be that there had been excellent progress and that work could be transferred to those Tier 1's internal teams to complete in 2025, I highly doubt ANY of the Tier 1's on 3 continents walked away with the Business Strategy change effected in December 2024, if anything it opened the door for LWLG to be doing business with MANY more Tier 1's since the Devices burden was on their internal Design teams now, no longer on LWLG's Devices team
prototype_101
11 hours ago
1) The May 2024 ASM presentation clearly showing the 4x200 PIC was IN QUALIFICATIONS on Slide 29 (see colored coded KEY at top of slide) that is 100% FACT
2) KCC's post revealing that investors learned that 4x200 PIC was being SHIPPED TO CUSTOMERS (obviously for Qualifications based on Slide 29 showing the 4x200 PIC was IN QUALIFICATIONS)
in May a lab engineer said they are "shipping arrayed modulators to customers".
also, the recent May presentation showed "transceiver outsourcing" as 2024 and 2025 activities
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175036677
3) then at PECC in October 2024 investors learned,
PECC facts learned support there being Transceiver partners in late stage Prototyping
__a) RF designs
__b) Reflow considerations
__c) Reference Designs
4) Lebby's ONE AND ONLY TIMELINE had LWLG technology complete and Customer Acceptable planned for 2024
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175498425&txt2find=timeline
but Lebby just recently said that Tier 1's Customer Acceptance was taking "a little longer than expected"
This DOES NOT sound ANYTHING like the utter failure that teddybear is trying to peddle!!!
Lebby said to the Benzinga (Nov 14th 2024) question on the commercialization status,
we've had a lot of interest from Tier 1 companies since then, I've given a few talks and a few updates, but what I can say today is that we have deepening relationships with these folks, and they are not just in the U.S., they are in Europe, as well as in Asia, and so this is interest level, these companies include some of the world's biggest Transceiver component manufacturers
we've been in deep discussions with this, and I'm working very very hard to put together Commercial Agreements on that, and this is something that I've indicated to our shareholders that is taking a little longer than it was expected, but it's also really exciting because now you can start thinking about the scale of our technology, so this is happening and I'm working really hard on it
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175387701
5) In this Podcast released practically coincident with Lebby's abrupt departure from LWLG over the dispute with the BOD on "Business Strategy" investors learned that Lebby found that LWLG tech was more robust than even he had ever imagined in the final set of tests for the Tier 1 Customer Acceptance requirements on "Failure Mechanisms" here
Lebby at 13:45 "Is it robust? is it reliable? is it stable? so we are actually at Lightwave really doing a lot of Reliability, Accelerated Testing, Lifetime Work, in terms of different temperatures, looking at different techniques, you know, trying to really understand how robust this material is, and actually we've been positively surprised, this is more robust than we expected, and we're really excited, and we're in the mode right now of conveying that to the Industry, we're very happy with the performance, we see this as a long-term solution for the Industry in terms of performance, and how this can add value to the optical network, but those are the things we're working on really hard, and as you bring a new technology platform to market, where either you've increased the performance or you've changed the technology itself, you've got to go through these things, and certainly we're going through all of that"
The BOLDED WORDS of Lebby from this podcast are work done in QUALIFICATIONS with Tier 1 Transceiver makers!!!
here is a link to a post that goes more in-depth as to these FAILURE MECHANISMS being part of the QUALIFICATIONS PROCESS
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175532682
6) Lebby has said similar to how there has only been one named Foundry despite investors knowing there are CERTAINLY a number of more Foundries with PDK's, that he would only news release information regarding the PIC array/Transceiver Maker Customer at the time that it made "good business sense" to do so, here
Kevin
Okay. Now I think it’s my last question. Is there a possible scenario where you can name a tier one transceiver maker collaboration partner, whatever, sometime in 2024 before the 4x200 PIC chip is complete? At what stage, basically, can you reveal a serious player who was considering committing to this technology?
Michael Lebby
Our methodology is really simple. It’s got to make good business sense from both sides. I think you’ve asked this question to me last year or the year before, who’s your foundry, who’s your foundry, who’s your foundry, right? We didn’t name any foundries. We just named a foundry because it made good business sense for that particular foundry and it made good business sense for us. We will do the same, apply the same methodology for any partner, whether it’s a package partner, a transceiver partner, or even another foundry. I think that’s the way we want to look at that, and if we see good business and they see good business, good opportunity for both, then yes, we’ll put out a press release, but I’m not going to give any guidance because I think it’s premature right now.
So GUESS WHAT, if Lebby was going NOT give information on unnamed (NDA) Transceiver partners who are the ones working with the 4x200 PIC chip, then Lebby is certainly NOT going to put out any news releases on the 4x200 PIC chips that LWLG is supplying them in their QUALIFICATIONS!!!
prototype_101
11 hours ago
LWLG won the Optical Integration award at ECOC for what? the OFC 200gb Modulator with World record performance metrics? Yes, but also more likely for the overall work LWLG has been doing to successfully Integrate their Polymers onto Silicon Photonics
We never got the PECC presentation, but Kevin said Atikem talked about late-stage Transceiver prototyping things like RF designs, reflow consideration, reference design
And Lebby was working with largest Transceiver makers on 3 continents, this is a FACT
But in 9 months from OFC to end of 2024 nobody could slap 4 of the 200gbs together either on a generic 4x200 PIC at LWLG, or in custom configuration with lasers etc at/for any of the Tier 1's under NDA? HIGHLY doubtful this was the case!!
Was ASM slide 29 in error? also HIGHLY doubtful!! It clearly showed the 4x200 PIC "In Qualifications" (color coded), and the 4x200 chip was clearly seen on the 200mm wafer in May ASM Lab Tours, there could have even been another Run or two on 200mm Wafers before ECOC, so were these ALL failures of a generic 4x200 PIC? also HIGHLY doubtful this was the case!!
And with an estimated one Wafer being received every two weeks in CO, there could have been many wafer runs to iron out any problems with a generic 4x200 PIC, but I strongly suspect Lebby ditched the generic version in favor of working on custom versions under NDAs with these Tier 1s on 3 continents, and that is the reason we get silence when asking about the 4x200 PIC because all of those developments were under NDA!! HIGHLY likely this was the case!!
So NDA's were mandatorily withholding information from Shareholders on the progress of custom 4x200 PIC Designs from these Tier 1s on 3 continents being worked on by LWLG, these custom designs of 4x200 PICS would include Lasers, etc,, but after 9 months of ongoing engagements with these Tier 1's none of them were willing to close the deals with Lebby (who likely was demanding too much!!), putting the squeeze on little LWLG to commit to their onerous terms!!
So this new "Go to Market" strategy was designed to generate some quick deals and give LWLG better negotiation power with those Tier 1s!!
Lebby ditched the smaller deals that the Dec 2023 letter pointed to closing in 2024 in favor of dancing and romancing only the Tier 1's, Lebby was quoted as saying "What would you rather prefer? One big volume agreement with a Tier 1 or 10 smaller ones?", and so Lebby got a few in to deepening relationships developing their custom 4x200 PIC's, but they stiffed him when it came to the marriage!! And Lebby wanted to keep dancing with them into 2025, but the BOD said NO WAY!!
And so that brings us to today with there now being a seismic shift in BUSINESS STRATEGY, the LWLG Polymer technology remains TONS THE BEST and will become ubiquitous in 3-5 years vindicating Lebby's claim all along, this was Lebby's final message regarding Polymers (in general) AFTER his abrupt departure
Thank you for being a supporter and I wish you and the shareholder team the best going forward. I truly believe EO polymers are going to be ubiquitous and of course they are exciting! Michael
Lastly, remember how many times investors were told LWLG's technology had "Ease of Integration!" just like dropping in the V8 where there was 4 cylinder!! This is why the Industry Insiders voted LWLG over the other finalists in BOTH of the last two years!!!
The company’s (LWLG) innovative efforts were recognized at ECOC 2024, where Lightwave Logic received the Industry Award for Most Innovative Hybrid PIC/Optical Integration Platform. This accolade, bestowed by a committee of industry peers, marks the second consecutive year the company has won this award, reflecting the market’s recognition of their technological advancements.
The 4x200 PIC most certainly was NOT a technical failure like teddybear and all the rest of the MANY Shorts here want the Longs to believe!!, NO WAY!!!
prototype_101
11 hours ago
DA, Lebby has told investors in the past that Yields were extremely high, here is an old post of mine on the topic,
Lebby's been working with at least SEVEN Foundries PDK's for 2 years now, the latest reports from these Foundries that Investors have gotten from Lebby (including pictures) are,
1) the chips are coming back with OUTSTANDING PERFORMANCE
2) the Yields are EXTREMELY HIGH
Absolutely LOVE this Lebby quote, EO POLYMERS CAN BE EASILY HANDLED IN STANDARD SILICON FABS USING STANDARD PDK’s
Source is ECOC Market Focus October 2-4, 2023 Lebby presentation
https://www.ecocexhibition.com/visit/market-focus/market-focus-2023-timetable/market-focus-session-information/
Also absolutely LOVE this Lebby quote at 11:30 marker he said "our technology fits really uniquely into Silicon Foundries and WE CAN SCALE INTO VOLUME QUITE EASILY AND EFFECTIVELY, and our technology as you can see from the horizontal bar of this graph, we have a very high figure of merit (FOM) which means we have really great metrics in terms of bringing the voltage down to save power, high bandwidth to send lots of information at higher speeds, and to have the technology at a very small size"
Planet MicroCap Showcase: Vancouver 2023
Date: Wednesday, September 6, 2023
Time: 12:30 p.m. Eastern time Webcast Link: https://www.webcaster4.com/Webcast/Page/2986/48806
For the record, I talked to Lebby one-on-one at the ASM and he reiterated how sensitive all the data from Foundries work had become for competitive reasons, and for those who saw the ASM encore performance Lebby gave in Europe the day after the ASM, Lebby actually spent more time discussing how important it was now to keep secrecy on the Foundries progress, but he assured everybody things were doing great, and investors should take note of the output of the chips from these Foundries as their direct evidence of this fact, as Lebby told investors the chips are coming back showing great performance and the Yields have been exceedingly high
tedpeele
13 hours ago
Well, thanks for talking about it. I’ll give you props for that. It’s amazing that you are just about the only person willing to talk about the two biggest issues that will determine the company’s progress this year.
To be clear - I didn’t say it would take forever. I just said they’re big issues. Remember, I have a short term perspective. I look for any reason to get excited over the next year. These are two big issues from that perspective.
Meaning they are big unknowns and could take a long time to resolve. That disqualifies it from being a stock to get excited about any time in the near future. In other words, traders will go the other way because there’s nothing to get excited about.
X is trying to push the buyout in a short amount of time because he wants to dangle the carrot for the near term, but it won’t work for traders. Way to unknown. It may keep some of you hanging on though.
Regarding the foundries , I allow that perhaps they’ve made progress that will shorten the time for others, but I’ve pointed out the fact that none of the other foundries replicated it. NONE. That suggests to me that they don’t want to or it’s hard or both. That will likely be the same issue with the preferred foundries.
You guys can keep dreaming and being positive and maybe it will work out. But I think you’re learning - albeit very slowly - this is not the guaranteed technology of the future that people here have wanted to believe. The hurdles are vast and deep.
Photonics on the other hand may well be near guarantee. But that doesn’t mean polymers will be. Some here seem to not even know the difference.Clearly, polymers are far less predictable than the company has led shareholders to believe.
Good luck
prototype_101
19 hours ago
Gemini on LWLG's new CEO: Yves LeMaitre brings a wealth of experience in the optical communications industry to Lightwave Logic as its new CEO. Here are some key strengths he brings to the table:
- Proven Track Record in Leadership and Business Development: LeMaitre has a long and successful career in the photonics industry, with a proven track record in leadership roles at prominent companies like Oclaro (now Lumentum), IPG Photonics, and as a strategic advisor to industry leaders. This experience provides him with a deep understanding of market dynamics, customer needs, and the challenges and opportunities within the optical communications sector.
- Strong Industry Connections: His extensive network within the industry will be invaluable for building strategic partnerships, identifying new market opportunities, and driving business growth for Lightwave Logic.
- Focus on Commercialization and Growth: LeMaitre's experience in driving commercialization and business growth at previous companies aligns perfectly with Lightwave Logic's current focus on expanding the market for its polymer-based photonic solutions.
- Strategic Vision: LeMaitre's strategic vision and ability to navigate complex business landscapes will be crucial as Lightwave Logic seeks to capitalize on the growing demand for high-speed optical components in areas like data centers and artificial intelligence.
By leveraging his industry expertise, strong leadership skills, and strategic vision, Yves LeMaitre is well-positioned to lead Lightwave Logic through its next phase of growth and success.
DanM51
1 day ago
Have they been "working" with the "world's best foundries for years"? Everyone should be doubting this by now. 4 years ago they were touting work on two continents, polymer slot, polymer plus, and another one. Now it's seemingly down to one foundry that can produce 200mm wafers of only polymer slot? So, how many can AMF produce? Why aren't they rolling with AMF right now? Why would a tier 1 care which foundry it was, IF THE MODULATOR IS ACCEPTABLE and CAN BE PRODUCED IN VOLUME?
Red, it doesn't make sense. If they have the PDK worked out with AMF for acceptable modulators, why can't bigger foundries work with the same recipe, using the same tools, machines, and
ingredients?......videos of Anthony Yu and Lebby speaking don't cut it anymore.
prototype_101
2 days ago
Wrong!! If Shorts had a leg to stand on they would have gotten their capitulation already!! The fact is the Shorts are trapped and the Days to Cover are soaring higher now, Yves will ink deals before the ASM and Shorts will be trapped like the little rats they are, all scrambling for the exits at the same time!!
Jeunke said, Lightwave 170% up in the last 5 years. Not bad.
https://stocks.apple.com/symbol/LWLG
Yup, and let's NOT forget LWLG had ZERO Shorts back then, today there are 20 MILLION Shorts that need to Cover!!
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 <<<< literally in the Billions R&D $$ were spent to try to do what LWLG has succeeded in doing!
New highs coming soon!!