$LWLG (copy) 2017 -- and Beyond We are well aw
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Posted On: 01/19/2017 10:36:27 AM
$LWLG (copy) 2017 -- and Beyond
We are well aware that some of our shareholders think our product development process is taking a long time to complete.
However, it is consistent with the milestones that we had previously laid out.
Also important for you to know that we are now attracting world-class engineers, and together with the active role of our senior technical advisor, Dr. Fred Leonberger and in concert with the technical link Dr. Michael Lebby is providing, we are confident our team will strengthen quickly as we move into 2017.
We are breaking new ground for the company and in many respects, have made significant progress in the transition from a purely materials development company to a device development company.
While this transition has lengthened the timetable, the good news is that the degree of difficulty required to master both the material and device challenges in competing materials, will forestall possible commoditization of P2IC™ for a long time.
Thus, we anticipate excellent product opportunities that will yield above-average sales margins for a long time.
Over the next several months we will be compiling a detailed device specifications sheet to present to several interested parties.
To refresh your memory, our objective here is to attract an industry partner with the synergistic capabilities necessary to help develop future products that are in various stages of design such as a slot waveguide modulator and ultimately our integrated fiber optic polymer-based transceiver.
We believe that 2017 will be the year where we begin to harvest the many technological successes that we have achieved and will continue to achieve.
We are starting off with outstanding results and have learned much about the intricacies of implementing our organic polymer systems into devices. This knowledge base will accelerate our progress going forward.
--
- Steve S.
We are well aware that some of our shareholders think our product development process is taking a long time to complete.
However, it is consistent with the milestones that we had previously laid out.
Also important for you to know that we are now attracting world-class engineers, and together with the active role of our senior technical advisor, Dr. Fred Leonberger and in concert with the technical link Dr. Michael Lebby is providing, we are confident our team will strengthen quickly as we move into 2017.
We are breaking new ground for the company and in many respects, have made significant progress in the transition from a purely materials development company to a device development company.
While this transition has lengthened the timetable, the good news is that the degree of difficulty required to master both the material and device challenges in competing materials, will forestall possible commoditization of P2IC™ for a long time.
Thus, we anticipate excellent product opportunities that will yield above-average sales margins for a long time.
Over the next several months we will be compiling a detailed device specifications sheet to present to several interested parties.
To refresh your memory, our objective here is to attract an industry partner with the synergistic capabilities necessary to help develop future products that are in various stages of design such as a slot waveguide modulator and ultimately our integrated fiber optic polymer-based transceiver.
We believe that 2017 will be the year where we begin to harvest the many technological successes that we have achieved and will continue to achieve.
We are starting off with outstanding results and have learned much about the intricacies of implementing our organic polymer systems into devices. This knowledge base will accelerate our progress going forward.
--
- Steve S.
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