Technology

Lightwave Logic, Inc. (OTCMKTS:LWLG) One to Watch?

Lightwave Logic, Inc. (OTCMKTS:LWLG)

Lightwave Logic, Inc. (OTCMKTS:LWLG) is a development stage company that creates photonic devices that use their proprietary polymer-based material systems. The company claims that their polymer-based material systems, when used in modulators or waveguide structures, can convert high-speed electronic signals into optical (light) signals for use in communications systems, high-speed data transfer or advanced high speed computing.

Lightwave Logic, Inc. (OTCMKTS:LWLG), based in Longmont, CO, last week announced it has achieved bandwidth suitable for 25Gbps data rates in an all-organic polymer ridge waveguide intensity modulator prototype. This is a significant improvement over its initial 10Gbps device modulator previously reported on December 26, 2016. According to the company’s press release, a modulator converts electronic/digital information into pulses of light that can traverse fiber optic cables. Modulation is the central information-encoding technology for the datacenter, data communications, and high performance computing industries. To achieve 100 Gbps, modulators are typically operated in groups of 4 (each at 25 Gbps) using a variety of circuit configurations.

Lightwave Logic, Inc. (OTCMKTS:LWLG) is led by Rear Admiral Thomas E. Zelibor USN(Retired). RADM Zelibor has served as a Director of Lightwave Logic since July 2008 and became Chairman in October 2011. He has over twenty years of strategic planning and senior leadership experience and is currently the President and CEO of Zelibor & Associates, LLC that offers professional consulting services to his clients. Previously, from July 2008 until April 2011, RADM Zelibor served as the President and Chief Executive Officer of Flatirons Solutions Corp., a professional services firm that provides consulting, systems integration, systems and software engineering, and program management expertise to corporate and government clients. The President and CEO, since 2008, is James Marcelli. Over the last twenty years, Mr. Marcelli has served as the president and chief executive officer of multiple start-up and growth companies in high tech manufacturing and business services, including two companies that were founded by him. In addition, he has held senior management positions with several companies including Teradyne Corporation and Sanmina Corporation.

As Lightwave Logic, Inc. (OTCMKTS:LWLG) is a development stage company, it has a net income loss. For FY2016 the figure was (-$4.4 million). Total assets are $3.2 million and total liabilities are $127,000.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

About the author: Marc has a degree in economics and a MSc. in Finance. Over his 20-year career, Marc has worked for global investment firms in Europe and the United States as an analyst, fund manager, and consultant.

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Marc has a degree in economics and a MSc. in Finance. Marc worked for global investment firms in Europe and the United States as an analyst, fund manager, and consultant.

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