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Lightwave Logic Is A Tiny, Glorified Science Lab, Recent 500%+ Runup Is Without Substance

  • Lightwave Logic has risen 500%+ over the past two months on company announcements, not on product or business progress in my opinion.
  • LWLG has generated no revenues over the last six years and almost no revenues in its 20-year existence, not even collaborative revenue from foundry partners.
  • LWLG’s CEO has a side job, a home 1200 miles from the company HQ, and a history of working with start-ups that failed.
  • An expert states that LWLG’s technology, polymers, still has reliability issues that need to be overcome.
  • We don’t believe LWLG will accomplish anything meaningful and will fade back down to $2-$3 within a year.

Read the full report on Seeking Alpha here.