Lightwave Logic, Inc. (OTCMKTS:LWLG) Returns with News of Prototype
Lightwave Logic, Inc. (OTCMKTS:LWLG) started making waves with its innovative optic fiber proposals, revving up in the past week on increasing sales. LWLG added more than 11% on Wednesday, to stand at $1.11. Dollar volumes were above $346,000, a peak compared to previous months, though far from the 2012 spike in price and volumes, when LWLG became a sensation for a while, shooting above $3. 
We have not visited LWLG since 2010., and curiously, we have not intercepted promotions for this stock. LWLG seems propelled by its own promises and developments, potentially servicing the needs of an ever-expanding market for networking services. Let’s see if the company is any closer to winning the market, or it still hovers in the development stage. The financial data show:
- $3.2 million cash
- $4.2 million total assets
- No sales
- $30 million accumulated loss
LWLG still has a relatively low 52 million shares outstanding, yet it’s holding up for now. The fiber optics, using part organic technology, are still in the prototype stage. It was just the prototype news that brought attention to LWLG again, but we have to wait and see if the development would lead to sales or production any time soon. LWLG claims that its proprietary polymer materials offer better energy economy than current inorganic electro-optic materials.
Investors’ forums point to the good trend, though also mentioning the risks, that LWLG could be inflated again beyond sustainability, just like at the beginning of 2012. The stock is susceptible to boosts from PR messages, and for now, all of the company’s potential is just a promise, a long way from real marketing. LWLG started from a bottom of 75 cents in August, and has had a general upward trend in the past months, though with periodic days of selling to lock in profits.
Another company that is raising hopes through prototypes is Liquidmetal Technologies, Inc. (OTCBB:LQMT), o
ffering the potential of amorphous alloys. In the last days, LQMT had a minor rising trend, going as far up as 16 cents. LQMT still hopes to enter the distribution chain of several industries, and achieve mass production.
Sigma Labs, Inc. (OTCMKTS:SGLB) is using the 3D printing hype to the benefit of the shares, and is currently on a run. SGLB retreated a little on Wednesday, but for now stopped again at 19 cents. After a fallout, SGLB has grown from 4 cents in August, mainly on positive business development news.
If you believe LWLG is a resurrected opportunity, it is still best to estimate the risk for yourself, and choose a time frame that suits you. Else, tech stocks have shown that the initial hype is often followed by painful corrections.
