Re: I think it is clear now
in response to
by
posted on
Apr 02, 2024 12:56PM
"So why don't you explain to me why Lightwave Logic has a market cap of more than 10 times POET?"
This says more about PTK than LWLG unfortunately. LWLG for sure had an unwarranted run-up imo, but is still holding onto a solid 2x. In the same time frame we're down 80%+. It's not about what LWLG is doing right it's what is PTK doing wrong.
As much as I respect and admire the mans vision and intellect, it's time Suresh stepped down as CEO and the company installed a veteran of the industry whose skill set is dialed in for managing and operating a growing company. Suresh is very actively involved in development, to the point he is still designing and applying for new patents as a contributing scientist. For his own sake and the sake of us shareholders, he should be able to focus 100% of his energy on his work, free from the myriad distractions and pressure that comes with being the face of, and operating a publicly traded company. I thought this was such low-level business knowledge; The best framer should be framing. Hire someone else to bid jobs.
Mika's performance speaks for itself.