SeeThruEquity Initiates Coverage on Lightwave Logic with Buy Recommendation - Video Research Alert on InvestmentPitch.com
Vancouver, British Columbia--(Newsfile Corp. - January 15, 2014) - New York based SeeThruEquity has initiated coverage on Lightwave Logic (OTCQB:LWLG). Analyst Brandon Primack gives the company a speculative rating, and a target price of $2.71, a premium of 276% to the $0.72 price on January 8th, the day the report was issued.
InvestmentPitch.com has produced a “research alert” about Lighwave Logic based on this report. If this link is not enabled, please visit www.InvestmentPitch.com and enter “Lightwave” in the search box.
Lightwave Logic, Inc. is a development stage company that produces prototype electro-optic demonstration devices. The company 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. The company 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.
Their patented Perkinamine™ family of chromophores is capable of converting high-speed electronic signals into optical signals, or in the case of non-linear all-optical polymers, using light waves to switch other light waves. These electro-polymers can potentially bridge, and ultimately replace, existing electro-optic infrastructure with plastics resulting in significant performance advancements.
Tom Zelibor, CEO stated, “2014 is our technology productization year and we are both confident about our technical edge and our understanding of what are the addressable markets. We intend to show the world an array of working devices in not one, but in a multitude of applications and industries.”
The company currently trades at $0.88, well below the $2.71 target price, and with 37.6 million shares outstanding, the company is capitalized at $33 million. For more information about Lightwave Logic, please visit the company’s website www.lightwavelogic.com or contact Tom Zelibor, CEO at 302-356-2709.
SeeThruEquity, an independent equity research and corporate access firm, focuses on smallcap and microcap public companies. For more information about SeeThruEquity or to obtain a copy of their extensive research report, please visit the company’s website www.seethruequity.com or contact Ajay Tandon, Director of Research, at 646-495-0939 or email firstname.lastname@example.org.
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Barry Morgan, CFO