Even if the material is what they say it is, the likelihood of this company ever being fully built out is small. Certainly Jim and Phil aren't going to do it. An awful lot of hiring would have to be done and a lot of internal dept.'s created. Not to mention the physical space needed, or even subcontracts needed, to produce products and bring them to market. Plus the ongoing R & D, etc. I suspect it would more than eat up the $20 million from LPC.
My sense is that they're positioning for a buyout, and may even have had a low ball offer. (Would it constitute a material event requiring disclosure?) Might they start some build out? Sure. Perhaps modulators. But all just pointing toward a buyout. The LPC deal is just strengthening the bargaining position.
Am I right? White papers would answer the question of what we have. Or don't have. Future hiring/advertising and space acquisition would indicate how serious they really are. Someone here said Jim doesn't even have a secretary (licks his own stamps!). That should be and indication of how much it will take to build out this company. I don't think so. Even meeting small commitments to LMT might be difficult.
I agree hopefully I can make it as well, I'd be honored to meet Zelibor, Turpin, Fasick, Eaton and the new players. Of course for calling it as I see it and questioning things, I guess I'd be a marked man.
I'm going to the Cabin the week of July 10th and a quick trip to the Keys for a long weekend August 12th through the 15th.
GGOX is not pawning itself to others, but I sure wouldn't be owning it if I had the choice to do it all over. GGOX is a real company and makes money. I've visited them before.
All LWLG has is pawning itself to others because they patented something that they don't even know for sure works. They sure haven't gotten it going for real yet. Anyone could patent anything.