x993231
10 분 전
Sure, so you are asking what were Zelibors business objectives when he joined? His goal was to take the device lab and chemical lab and combine them into one lab that could provide a feedback loop for the chemicals onsite (that was Joe Miller on the boards direction). Understand that at the time there were no measurement devices available to test new super-fast materials, so back then they were relying on universities to test and academia's schedule was not exactly timely. Pumpkins Lumera had failed, changed to Gig Optix, Z purchased their patents, not for the chemical side but for the device patents. So he created the feedback loop completing that chapter then set about looking for a CEO to replace himself that could get polymers on the industry roadmap. He came up with Lebby and Lebby did in fact get them on the roadmap, but I don't think Lebby is a sales guy, end that chapter. So yes, Zelibor accomplished his goals here then moved on to other companies he even was a consultant to the Secretary of Defense and other senior Department of Defense (DoD) leaders on emerging space technologies. New chapter... It appears that Yves joined the board looked at Lightwave spoke to customers about their interest and where the roadblocks were at the company, apparently, he and other board members determined that Lebby had to go. Obviously, he reached out to Z and hired him to come back and manage/hire/fire/run/dig and to implement Yves's plan.
X Thanks for asking. Developing/Operating an entirely new material from scratch was fascinating to watch, because it had never been before of course there will always be naysayers, and armchair quarterbacks that know better. That is why I asked about folks backgrounds and what they have accomplished when posting on things they did not research.
prototype_101
25 분 전
think said, So its NOT DARK POOL huh? I don't believe I've ever said anything about the Dark Pool trading, although I do know that it runs at extraordinarily high levels on LWLG, anyways, I still believe it really all comes down to BUSINESS STRATEGY as I have said here previously, I believe Lebby could have gotten his Timeline Customer Acceptance in 2024 of a Tier 1 if he had been better at negotiating, and perhaps given some steep concessions or first mover advantages in the first Tier 1 deal, but he wouldn't/didn't, but also it likely is also the case that the device development beyond the standalone 200gbs Modulator requires a larger team to be tackled effectively especially considering how great the need has become with the rapid advancements of LLM's and AI's parabolic increase in backends of the networks
Lebby's departure was a BUSINESS STRATEGY decision because Lebby was being TOO STUBBORN on the deal making, so now the BOD installed a true seasoned DEAL MAKER but Shorts continue to post any false narrative they can to get Longs to sell their shares
I believe MrLWLG's post summarizes this well, here
There appears to be significant internal disagreement within the organization regarding the company's future direction and strategies. While Lebby's exit might have been planned for the longer term, the sudden turn of events and the lack of a prepared PR statement suggest a heated dispute, culminating in the immediate end of Lebby's CEO tenure. A possible scenario could be that the Tier 1 company has analyzed and integrated all test results of the PIC, and these results, as shown in LWLG's slides, have proven to be superior to competitors. One of the largest transceiver companies might now be pushing for exclusivity over LWLG's technology, potentially presenting an acquisition offer. A strategic decision by LeMaitre, Connelly, and other board members might deem such an offer irresistible. To put it bluntly, we know Marcelli is motivated by bonuses and likely wants to capitalize, just like other aging board members. Lebby, on the other hand, wants ubiquity for the technology, likely leading to a significant dispute and an abrupt one-against-all scenario, with his sudden departure as the result.
LeMaitre's initial communications indicate an acceleration in deal-making timelines.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175522421
from Dec 4th 2023 letter to now, here's what happened,
Lebby never lied in regard to the stated intentions of the Dec 4th, 2023 shareholder letter as Shorts here have continued to try and push this false narrative!!
Excerpt from the Dec 4th 2023 letter, Lebby said
In addition to this first licensee, we continue to receive strong interest from other potential customers in our innovative device platform and licensing our technologies. We are working hard to close additional commercial agreements by year end, but since, these are long deliberate processes, we can't guarantee that we will do so. We are presently working with a wide spectrum of companies including multinational tier-1 corporations which manufacture data communications network equipment
https://s3.amazonaws.com/b2icontent.irpass.cc/2586/rl128870.pdf
LWLG had a breakthrough in Jan/Feb 2024 with success on 200gbs modulators on 200mm Wafers at AMF which they got overwhelming interest from Tier 1s from Demo's done at OFC in March 2024, so they ditched the advanced negotiations with the Tier 2s they were dealing with that related back to the December 4th 2023 letter which indicated they were closing in on deals, what investors didn't piece together was that these were deals that could be supported by production on 150mm Wafers; these were not the Tier 1s which aren't interested in dealing with a company unless it can scale its volume to meet HVP needs, ie millions of units, which is what production on 200mm Wafers is capable of doing!!
First Quarter 2024 and Subsequent Company Highlights:
- Over 20 major corporations have viewed Lightwave Logic's technology demo of our polymer modulators with worldclass performance of 200Gbps at 1V drive voltage.
- Provided details on how polymer modulators are now being fabricated on standard industry 200mm silicon wafers at a commercial silicon foundry
https://s3.amazonaws.com/b2icontent.irpass.cc/2586/rl134093.pdf
Bottom line, Lebby never lied in the Dec 4th 2023 shareholder letter, but what he did do was pivot his strategy in the 1st Quarter of 2024 from focusing on the Tier 2s to focusing on the Tier 1s, and because of limited resources he could not do both, and he chose the Tier 1s for obvious reasons in pursuit of Ubiquity, but that was at the cost of a lengthened Timeline
And now couple that with these excerpts of what 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
Lebby has the LWLG technology 100% ready for the Mass Commercialization TODAY, that is the ONLY reason the BOD could choose to let him go because they disagreed with Lebby's "business strategy"!!! Lebby told investors he wasn't "going to leave anything on the table" when it came to the deals, that was why the deals were taking so long, Labby was being stubborn and not willing to make concessions or give "first mover advantages" or "limited exclusivity"
Ultimately that is why Yves was brought in to fulfill the deal making role!!!
The technology is 100% ready for the Mass Commercialization!!!!
ASM Slide 29 was COLOR CODED and it showed that the 4x200 PIC and Packaging were "In Qualifications" as of May 2024
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175536533
And from the Lebby Podcast interview December 2024 investors learned that in Tier 1's Qualifications of the 4x200 are going EXTREMELY WELL, in fact Lebby was quoted as saying "trying to really understand how robust this material is, and actually we've been positively surprised, this is more robust than we expected"
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175537540
I believe Lebby was too stubborn on getting the deals, plus I'll bet any money he ditched the Tier 2's that he could have closed in Mar-Sep 2024 after the Tier 1's interest swamped him at the OFC in Mar 2024, he would have been smarter not to switch horses mid-stream and closed the smaller deals, and prioritize the Tier 1's as best he could behind the existing smaller company deals
Yves was not brought in to advance the technology, he was brought in to get the deals done, even Lebby said that Yves has more/better access to the c-suite corner offices than himself
prototype_101
2 시간 전
KCC said, They transferred that process to AMF who was successful in creating single 200G modulators. So, what was the roadblock in creating the PIC internally? Probably the team's lack of experience in the other aspects of photonic integrated circuit design. To create an "optical engine"/"transmit PIC", you need more than a modulator. There is a significant amount of RF/electrical design considerations when building PICs. I think that's where the disconnect was. Perhaps the larger PIC circuits they were receiving from the foundry just weren't working as they needed to.
I agree with this thinking, I think the problem was that after OFC the Tier 1 interest had skyrocketed, Lebby talked about how he had to pick and choose amongst all those interested to work with the "friendly's", and investors already know that Lebby was working with some of the largest Tier 1 Transceiver makers on 3 continents at the time of his departure, but needed "a little more time" to getting the Customer Acceptance that had forever been planned to happen in 2024, so Lebby had already told investors that the Tier 1's would each have different preferences when it came to things like the Lasers being used, how they would be mounted, etc, so I believe Lebby was working with very limited resources on some very difficult developments, and perhaps the Tier 1's were also jerking him around some too, did one of them ask to switch Materials from PkM5 to PkM6 at a late stage of the PIC development? hard to say what exactly happened, but I don't believe it was time totally lost, I'm sure a lot was learned in that time which will be helpful in facilitating the Tier 1's in their own in-house development using LWLG's Materials and any/all learned knowledge of building these PIC's
I would also be curious to know if any of these Tier 1's had Lebby working with "their Foundry" and perhaps the Tier 1 custom 4x200 PIC was also being developed to be run on a 300mm Wafer adding additional complexities to the equation, investors really don't know what all went into the delay in Customer Acceptance that was supposed to come in 2024, but personally I refuse to believe it was Lebby's failure to deliver the technology "commercial ready", the PkM5 series was definitely Qualified already, it is the one Lebby said "the Industry no longer questions the R&S of LWLG Materials" and PkM6 was in Qualifications at the May 2024 ASM per Slide 29
KCCO7913
16 시간 전
This poster was an investor and advisor at another company where Tom Zelibor is the Chairman. This poster is a bit of an oddball and was let go as an advisor. Not solely because he's an oddball, but also because that company has its own set of issues. While I don't like his approach, I did respect that he flew to Colorado the morning of the SHM a couple years ago only to fly back home right after. Did is the keyword there. All respect has been lost.
Reanimator and DanM...
Tom Zelibor is and was at LWLG to serve a specific purpose. He is there to make decisions and help others get to making the right decisions and quick. He is sharp and is a beast. During his previous tenure at LWLG, he was limited in his role by what LWLG was able to do on the technology side of things. It is absolutely disgusting to see disrespect thrown his way. Also, while I appreciate the options exercise last week...it is just as meaningless as Lebby's 1,000 share purchase a couple years ago. I estimate Zelibor has sold 800,000+ shares in the last two years since departing in 2022. He could reach a bit deeper in his pockets than $20,000 to send a message.
DanM - A few things...Pk 3 is what Polariton is currently using in their devices being sold. Reliability and lifetime in hermetically sealed packages is 100% not an issue. Also, I've had some recent posts about TFLN and there are some known, recent challenges with that technology and what is happening with TFLN has nothing to do with what is happening with LWLG/EOP.
Is reliability and lifetime an issue in non-hermetically sealed packages? The ALD efforts the last couple years are precisely what LWLG has been working on and optimizing to make sure reliability is not an issue in these 'open air' packaged chips. Data appears to show it is not an issue, at least with standalone/single modulators.
The bottom line that everyone needs to understand is that LWLG appeared to have spent nearly 2 years developing a 4x200G modulator PIC chip. We just learned it wasn't complete and we now need to rely a third party to get it complete. Along with a pivot in commercialization strategy. That's fine. Delays happen. There is no fundamental issue with the technology that prohibits this from happening. The problem was that LWLG was not operating well internally and the leading device engineers developing this technology apparently couldn't get the job done. There was no one in upper management making sure the day-to-day was working and achieving goals. Where was the exact disconnect? I'm not exactly sure. I don't think it was Lebby's fault. LWLG clearly made incredible progress with polymer deposition and poling at the wafer level. They transferred that process to AMF who was successful in creating single 200G modulators. So, what was the roadblock in creating the PIC internally? Probably the team's lack of experience in the other aspects of photonic integrated circuit design. To create an "optical engine"/"transmit PIC", you need more than a modulator. There is a significant amount of RF/electrical design considerations when building PICs. I think that's where the disconnect was. Perhaps the larger PIC circuits they were receiving from the foundry just weren't working as they needed to.
Anyway, engineers have been removed and already replaced; a bulldog that is local to the HQ was placed in charge of the day-to-day operations to ensure smooth working operations; and the CEO was replaced with another widely respected industry veteran who appears to be ready to get aggressive with his willingness to partner and collaborate with others.
While the timeline to meaningful revenue was pushed back, I think it is safe to say that 2025 should be far more exciting than 2023/2024 in terms of press releases and public collaborations.
tkg
1 일 전
The TAM for (LWLG) is enormous and grows exponentially by the day. I think we are in the first inning of where data center growth and demand is heading when considering what will be required for Level 5 autonomy FSD vehicles, robotics in all forms, including the C-3PO humanoids:), AI/ML etc...difficult to wrap your head around what's coming rapidly down the pike. Not just future data center demand, but the upgrading that is required for the $T worth already built.
The fundamental trend is very clear now, when you take a step back, what it says is that everybody now realizes that accelerated computing is the path forward and general purpose computing that we have in the past, a $T worth of data centers already built, those data centers are gonna get modernized.
Imagine how big it's gonna be when we have a 100M new cars per year, a trillion miles driven per year, this is likely gonna be one of the largest robotics industries in the world and one of the largest computing industries in the world.
Jensen Huang
https://x.com/The_AI_Investor/status/1880800923141943663
Nrdc92
1 일 전
Never doubt Walter. As he has repeatedly informed us, he's a true "insider," and very well-connected. The only problem is for those who read his posts is that he's been wrong about everything starting on the first day he posted. Add in the posts from Jeunke, Proto, X, Spandex, Astro, and the rest of the usual suspects, and you get a share price that's gone from $20 to $1.86. Down 93%.
Yet, despite their abysmal track record, they still - somewhat embarrassingly - post more nonsense with such an authoritative tone that you'd be fooled into thinking that they actually know what they're talking about.
Of course, they don't and never have; and that fact is made plain given the company's history and downward trajectory.
Hot Features
프리미엄
무료로 등록하여 실시간 주식 시세, 대화형 차트, 실시간 옵션 플로우 등을 받아보세요.
jeunke22
4 시간 전
The Great Pumpkin
11 시간 전
mattymatt66
23 시간 전
microchips
1 일 전
Lightning_Rod
2 일 전
