$LWLG 2018—and Beyond (Last section of letter -
Post# of 871
We are well aware that some of our shareholders think our product development process is taking a long time to complete.
We believe that we have completed the transition of Lightwave from a purely materials development company to a leading-edge device development company with next-generation products to satisfy the insatiable demand for increased performance at lower cost.
While this metamorphosis has lengthened the timetable, the good news is that we have moved up the value pyramid and with a PIC platform that will be the envy of our competition.
We anticipate excellent product opportunities that will yield above-average sales margins for a long time.
During 2018, we will be compiling a detailed device specifications-sheet to present to several interested parties.
Recall that our objective here is to attract an industry partner with the synergistic capabilities necessary to help develop future products that will utilize form factors that would be virtually impossible to achieve with existing legacy technology.
We expect 2018 to be even more exciting than 2017.
We think it is definitely time to fasten your seat-belts as we mature our polymer technology platform from the prototype stage to commercial
Thank you for your continuing support.
Michael Lebby
CEO
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