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Technology Stocks : Lightwave Logic, Inc.
LWLG 4.845+0.9%Nov 14 9:30 AM EST

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To: rogerover who wrote (955)2/23/2009 9:16:56 PM
From: smars44441 Recommendation  Read Replies (1) of 1811
 
From the Raging Bull board:

By: brickclick
23 Feb 2009, 11:44 AM EST
Rating: Msg. 270 of 270

Jump to msg. #
I spoke to Jim Marcelli(CEO) this morning at the new offices. They are rewriting the website without Flash and it will be up soon. Almost everyone is working for less salary and an emphasis on stock options. He is a turnaround kind of guy and doesn't seem to suffer fools or ######## lightly. The company has no real debt encumbering it and he had a staff meeting with his chemists this morning and feels that the company is rapidily progressing on the issue. He couldn't say anything specific but their contract with UCMT expires soon and they no longer need outside relationships for business development. There will be a no nonsense approach in upcoming IR's that will be business and shareholder oriented. The people who are working with him from DuPont also hold common stock like other shareholders. If the company hits we all win.
I expressed a doubt about getting the product finished and he assured me if any company could get it done they could.
He sounded to me like he is absolutely in charge of the operation and intends to make it happen. My opinion of accumulate on dips remains.

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