SeeThruEquity Initiates Research Coverage on Lightwave Logic, Inc.
NEW YORK, Jan 08, 2014 (BUSINESS WIRE) -- SeeThruEquity, a leading New York City based independent equity research and corporate access firm focused on smallcap and microcap public companies, today announced that it has initiated coverage on Lightwave Logic, Inc. (OTCQB:LWLG), a technology company focused on the development of a Next Generation Non Linear Optical Polymer Materials Platform for applications in high speed fiber-optic data communications, telecommunications and optical computing.
"With increased stability (both thermal and photo optic), a cheaper and easier manufacturing process, product customization, reduced component size, reduced power requirements and increased speed and accuracy when compared to current products, it is easy to see why Lightwave Logic believes it has transformative organic nonlinear polymer technology that has the potential to replace inorganic materials like lithium niobate as the material of choice for future photonic devices in high speed telecommunications and data communications markets. Each of the devices currently under development address multi-billion dollar opportunities. We have subsequently established an initial price target of $2.71 per share," commented Ajay Tandon, Chief Executive Officer of SeeThruEquity.
The report is available to SeeThruEquity Select Members on SeeThruEquity's website at seethruequity.com and can be directly accessed here: LWLG Initiation Report. SeeThruEquity is an approved equity research contributor on Thomson First Call, CapitalIQ, FactSet, and Zack's. The report will also available on these platforms.
The investment opinions expressed in its report are solely those of SeeThruEquity. SeeThruEquity has not been compensated for the preparation of its initiation or quarterly update reports by any third party or by LWLG. SeeThruEquity has been compensated for the preparation and dissemination of this press release.
About SeeThruEquity
SeeThruEquity is an investment research and corporate access firm focused on smallcap and microcap public companies. The research is unbiased and not paid for research. The company does not do any investment banking or trading and does not own any of the stocks it covers. SeeThruEquity is an approved equity research contributor on Thomson First Call, CapitalIQ, FactSet, and Zack's. The firm also distributes its research to an audience of opt-in investors and has over 50 companies under coverage. SeeThruEquity also contributes its estimates to Thomson Estimates, the leading estimates platform on Wall Street. For more information visit www.seethruequity.com.
About Lightwave Logic, Inc.
Lightwave Logic, Inc. is a development stage company that produces prototype electro-optic demonstration devices and is moving toward commercialization of its high-activity, high-stability organic polymers for applications in electro-optical device markets. Electro-optical devices convert data from electric signals into optical signals for use in high-speed fiber-optic telecommunications systems and optical computers. For more information, please visit the Company's website, www.lightwavelogic.com.
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SOURCE: SeeThruEquity
CONTACT:
SeeThruEquity Ajay Tandon, 646-495-0939
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