Rockley Photonics Holdings Ltd (PK) (RKLYQ) News

Rockley Photonics leaves Chapter 11 bankruptcy with new funding
June 8, 2023
Rockley Photonics, which has leveraged silicon photonics technology for optical communications before shifting its focus to medical applications, says it has emerged from Chapter 11 after filing for bankruptcy protection in the first quarter of this year.
Stephen Hardy

Andrew Rickman, Rockley Photonics' CEO and executive chairman.

Rockley Photonics, which has leveraged silicon photonics technology for optical communications before shifting its focus to medical applications, says it has emerged from Chapter 11 after filing for bankruptcy protection in the first quarter of this year. Its financial restructuring includes approximately $35 million in additional funding from its stakeholders.

The company asserts that all of its material customer relationships remain in place and it remains on schedule with all of its programs, including development of remote patient monitoring technology. Rockley is developing photonic integrated circuits, sensors, and full-stack offerings to enable sensing platforms, including wearable technology, designed for health monitoring.

“Rockley’s ability to emerge from Chapter 11 in just 46 days was a significant achievement and marks the beginning of a new era for the company. Our stakeholders’ ongoing belief in Rockley has provided us with a greatly strengthened balance sheet and the funds to continue to develop disruptive technology for the med tech market,” commented Dr. Andrew Rickman, Rockley’s CEO. “We greatly appreciate the continued support not only of our stakeholders but also of our suppliers, partners, and employees. I look forward to the opportunity to continue to develop Rockley’s products and bring them to market.”

Rockley Photonics emerged from stealth in 2014 with its own take on silicon photonics (see “Bookham founder resurfaces at Rockley Photonics”). It established a joint venture with Hengtong Optic-Electric for the optical transceiver market in 2018 and dabbled with an OptoASIC platform as an early form of co-packaged optics before switching its focus to the healthcare market in 2020 (see “Rockley Photonics closes new funding, hires CCO with healthcare focus” and “Rockley Photonics to go public, focus on healthcare market”).

https://www.lightwaveonline.com/business/companies/article/14294933/rockley-photonics-leaves-chapter-11-bankruptcy-with-new-funding?utm_source=LW+Enabling+Tech&utm_medium=email&utm_campaign=CPS230608187&o_eid=5808I2185845H9J&rdx.ident[pull]=omeda|5808I2185845H9J&oly_enc_id=5808I2185845H9J

Apple Makes Major Progress on No-Prick Blood Glucose Tracking for Its Watch

Mark Gurman
Wed, February 22, 2023 at 6:51 PM EST

(Bloomberg) -- Apple Inc. has a moonshot-style project underway that dates back to the Steve Jobs era: noninvasive and continuous blood glucose monitoring.

The goal of this secret endeavor — dubbed E5 — is to measure how much glucose is in someone’s body without needing to prick the skin for blood. After hitting major milestones recently, the company now believes it could eventually bring glucose monitoring to market, according to people familiar with the effort.

If perfected, such a breakthrough would be a boon to diabetics and help cement Apple as a powerhouse in health care. Adding the monitoring system to the Apple Watch, the ultimate goal, would also make that device an essential item for millions of diabetics around the world.

There’s still years of work ahead, but the move could upend a multibillion-dollar industry. Roughly 1 in 10 Americans have diabetes, and they typically rely on a device that pokes the skin for a blood sample. There are also patches from Dexcom Inc. and Abbott Laboratories that are inserted into the skin but need to be replaced about every two weeks.

Apple is taking a different approach, using a chip technology known as silicon photonics and a measurement process called optical absorption spectroscopy. The system uses lasers to emit specific wavelengths of light into an area below the skin where there is interstitial fluid — substances that leak out of capillaries — that can be absorbed by glucose. The light is then reflected back to the sensor in a way that indicates the concentration of glucose. An algorithm then determines a person’s blood glucose level.

Hundreds of engineers are working on the project as part of Apple’s Exploratory Design Group, or XDG, a previously unreported effort akin to X, the moonshot division of Alphabet Inc. It’s one of the most covert initiatives at the famously secretive Apple. Even fewer people are involved in it than the company’s self-driving car undertaking, overseen by the Special Projects Group, or the mixed-reality headset, which is being developed by its Technology Development Group.

The news weighed on shares of diabetes technology companies on Wednesday, with both Dexcom and Abbott falling more than 3% before recovering. Apple gained 0.3% to $148.91 by the close in New York.

A spokesperson for Cupertino, California-based Apple declined to comment. A representative for Abbott, meanwhile, said it’s also developing new glucose monitoring products. “Continued innovation in health tech is critical,” Abbott spokesman Scott Stoffel said. “It’s also complex and must be accurate, easy and affordable. Abbott is the world’s leader in continuous glucose monitoring because our FreeStyle Libre products address those needs.”

Apple has tested its glucose technology on hundreds of people over the past decade. In human trials, it has used the system with people who don’t know if they’re diabetic, as well as people with prediabetes and Type 2 diabetes. It has compared its own technology to standard tests on blood drawn from veins and samples taken from a prick in the skin, known as capillary blood.

Apple’s system — more than 12 years in the making — is now considered to be at a proof-of-concept stage, said the people, who asked not to be identified because the project is confidential. The company believes the technology is viable but needs to be shrunk down to a more practical size.

Engineers are working to develop a prototype device about the size of an iPhone that can be strapped to a person’s bicep. That would be a significant reduction from an early version of the system that sat atop a table.

One of Apple’s goals for the technology is to create a preventative measure that warns people if they’re prediabetic. They then could make lifestyle changes to try to avoid developing Type 2 diabetes, which occurs when a person’s body doesn’t use insulin properly. Apple’s regulatory team has already held early discussions about getting government approval for the system.

But there’s a reason it’s considered a moonshot goal. Numerous startups — and some of the world’s largest companies — have tried and failed to develop a noninvasive monitoring system. In 2014, Google announced plans to make smart contact lenses that could measure blood glucose through teardrops. It shelved the complex project in 2018.

Apple’s senior executives believe this problem is one that they’re uniquely positioned to crack, given the company’s expertise in hardware and software integration — along with its deep pockets. Chief Executive Officer Tim Cook, Chief Operating Officer Jeff Williams and Apple Watch hardware head Eugene Kim all have a hand in the project, and it’s already cost hundreds of millions of dollars, according to the people familiar with the situation.

The Apple Watch has gradually become more of a health tool. The first model, launched in 2015, included a heart-rate sensor but was more focused on fitness tracking. The device gained the ability to take electrocardiograms, or ECGs, from the wrist in 2018. It also can now sense body temperature — for women’s health tracking — and calculate blood oxygen levels.

The glucose system will rely on a slate of Apple-designed silicon photonics chips and sensors. The company tapped Taiwan Semiconductor Manufacturing Co. to build the main chip to power the feature. TSMC, a key Apple partner, already builds the main processors inside of iPhones, iPads and Macs.

Before shifting to TSMC, Apple had worked with Rockley Photonics Holdings Ltd. to develop the sensors and chip for the technology. In 2021, Rockley publicly disclosed its work with Apple, stoking interest in the supplier. Apple later ended the partnership, and Rockley filed for bankruptcy last month.

While Apple has made major technology strides on the glucose effort, it suffered a recent setback: The group’s leader, longtime scientist and engineering executive Bill Athas, passed away unexpectedly at the end of 2022. The work is now led by a few of Athas’s top deputies, including managers Dave Simon and Jeff Koller. They report to Johny Srouji, Apple’s chips chief.

Before becoming part of the XDG team, the project was cloaked in even more secrecy: It operated as its own startup called Avolonte Health LLC that was, to any outside observer, unaffiliated with Apple.

The startup was run out of a small office building in Palo Alto, about 12 miles from Apple’s headquarters. Team members had Avolonte employee badges, rather than ones from Apple. That strategy kept Apple’s work under wraps during human trials, as well as its efforts to gain patents and line up partners.

The project began in 2010 when Apple purchased a startup named RareLight that touted an early approach to noninvasive blood glucose monitoring.

Apple co-founder Steve Jobs, dealing with his own health problems, directed the iPhone maker to buy the company. Apple tapped Bob Messerschmidt, RareLight’s founder, to kick off its own work on a glucose monitor, which was initially codenamed E68. Messerschmidt now runs a health company called Cor Health.

The deal ultimately happened because of “Jobs’s vision of health care combined with technology,” he said in an interview. Former senior Apple hardware executives Bob Mansfield and Michael Culbert were also driving forces behind the project, people involved said.

Messerschmidt was replaced as the project head in 2011 by Apple veteran Michael Hillman, who left in 2015. Upon his departure, Avolonte Health wound down and the endeavor became part of Athas’s XDG. The team now works near the Apple Park headquarters.

--With assistance from Madison Muller.

https://finance.yahoo.com/news/apple-makes-major-progress-no-175309696.html

Anyone else receive a legal letter via email from Rockley today?

I have no idea what it means, I don't speak legalese.

Rockley went down the wrong path with their tech, and no one will need or want their patents. POET figured out how to co-package the photonics solutions of their customers at the wafer level, and did this on a shoestring budget with occasional financings, but nothing on the scale of the investment poured into Rockley. They now sit on the edge of commercialization.

I think you are overthinking things. Rockley failed because they were blowing 40 Million a quarter. My take is that they could have still done well with the product whether it was in the Apple watch or not. But the company fundamentals were a disaster.

So.. is Rockley takeover bait?

or... is the tech they purport to be on the verge of commercialization useless and no one wants it?

Advice
Not many like advice because it grates against the ego. We buy a stock and think we have it all figured out so why would I need any advice?
When you buy hype-trains like Rockley and Lightwave Logic, your first responsibility is to find out :
1. Does it work?
2. Is it repeatable?
3. Can it be manufactured without the customer's expense of retooling?
4. Is it able to be manufactured small enough? (If it is not getting smaller, then forget it)
5. Is it compatible with what is currently being made?
6. Is there a market for it?
7. Will there be customers who actually need this?
8. Will it save customers their money and drive them to your product?
9. Is it a one-off, or is a platform being developed that can going in many directions for years to come?
10. "Patent moats" mean nothing if the above items cannot be answered honestly.
I expect $LWLG to go the same route as $RKLY just because of the above items.
There is a company that can honestly answer the above questions affirmatively. Find it and you can make back all of your losses
in the hype-train stocks.
One more work of caution, Apple blew it in this stock because they did not do their homework. They too hoped, or got hyped. Just because institutions are loading up your stock does not mean it's a winner either. It is not their own money they are buying with. Don't follow institutional buying
like a bunch of lemmings running off of a cliff.
The "trading" you see is only the death throes; pay no attention to it because it is only an example of the false hopes that ignorant technology stock buyers exhibit all the way into the toilet.
Get smart. Do the work. Win.

Its trading

https://finance.yahoo.com/quote/RKLYQ/

RKLY changed to RKLYQ, bankruptcy. Delisted from the NYSE to the OTC:

https://otce.finra.org/otce/dailyList?viewType=Additions

Proposed delisting.

NYSE to Suspend Trading Immediately in Rockley Photonics Holdings Limited (RKLY) and Commence Delisting Proceedings
January 24, 2023 04:15 PM Eastern Standard Time
NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange LLC (“NYSE” or “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the two securities enumerated below (“Securities”) of Rockley Photonics Holdings Limited (the “Company”) from the NYSE. Trading in the Company’s Securities will be suspended immediately.

Symbol RKLY

Ordinary shares, $0.000004026575398 par value per share

RKLY WS

Warrants, each whole warrant exercisable for one ordinary share at an exercise price of $11.50 per share

NYSE Regulation reached its decision that the Company is no longer suitable for listing pursuant to Listed Company Manual Section 802.01D after the Company’s January 24, 2023 disclosure that the Company has voluntarily filed a petition for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York. In reaching its delisting determination, NYSE Regulation noted the uncertainty as to the ultimate effect of this process on the value of the Company’s ordinary shares. NYSE Regulation also noted that the Company’s prepackaged plan of reorganization contemplates that existing ordinary shares of the Company will be cancelled, extinguished, and released upon consummation of the reorganization.

The Company has a right to a review of this determination by a Committee of the Board of Directors of the Exchange. The NYSE will apply to the Securities and Exchange Commission to delist the Company’s Securities upon completion of all applicable procedures, including any appeal by the Company of the NYSE Regulation staff’s decision.

Contacts
Company Contacts:
Rockley Photonics
Telephone: +1 626-995-0001
Email: investors@rockleyphotonics.com

NYSE Contact:
NYSE Communications
PublicRelations-NYSE@ice.com

Bye Rockley, Bye Investment.

Thanks for the $5,000.00 fart.

What a way to start 2023!

Sad news

https://news.bloomberglaw.com/bankruptcy-law/ex-spac-rockley-photonics-files-for-chapter-11-bankruptcy

News is out, why is it still halted?

Rickman & RKLY management >> Naked Short Killer Strategies - Roundtable

Amazing article: https://www.semianalysis.com/p/rockley-photonics-will-revolutionize

Go $RKLY!

Rickman & RKLY management WATCH THIS!!!

The more eyes and folks that understand this the better. It is well worth t he 45 minutes and you really shouldn't skip any of it.

RKLY manipulated down like GNS management should look into the Naked Shorting and take action too like GNS did!!

$RKLY: It already worth more cuz of cash-on-hand

Maybe market really is blind and can't see that.

Nobody can time the market with 100% accuracy...... NO ONE.

But with a minimal margin of error, you can be in the general ballpark given what we
know publicly, barring getting blindsided which we all have NO CONTROL OVER.


GO $RKLY

Yup I just picked up some.

Lol... Ya I know, this one needs some rocket fuel.

HEPA looks pretty good. Lol.

Actually I think you and Invest were competing last Friday. You chose like 15 stocks and they all ended green, that was CRAZY COOL man.

Agreed thanks EZ.

Agree beautiful bullish chart lots of room to move towards

https://stockcharts.com/h-sc/ui?s=RKLY

Going to .69 cents next

resist. 1.40
resist. 0.69
resist. 0.24

$RKLY: I gave you HEPA at $0.33.... now 1.20

Look at it.... they are paying heed to my words, or not ?????

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170961030

I'm telling you........ $RKLY technicals are veryyyyyyy attractive here now at 0.23
I wonder what $RKLY wiill be doing to integrate tech like CHAT GPT into their
product ware going forward.

You can thank me later.

Wuz my name ????


GO $RKLY

I agree, this was manipulated way too low, it's an easy buyout in the $1 to $2 range, there has been $500 million invested over close to a decade to develop this technology, so $200 million buyout would be a steal, that's about $1.50/share

$RKLY: Cup n Handle on the TAPE... now $0.21

You saw my call on $HEPA rippppppppppp higher from 0.20 to now $0.95

RKLY can easily do it


GO $RKLY

A good day to get into Poet Technologies if you missed the first surge in the price.

$RKLY: Stock is down 95% down on the 52wk chart

I call this a VERY strong buy here at 0.18.......... super low RSI now


Put in a $0.15 stop if you must.

But That 20Milly Daily buy is the cue on the chart from last week.

You just saw BK $PRTY jump up from $0.17 to $0.60 in a few days, but $RKLY is in much
better shape than $PRTY.

Just saying........ I'm adding.


GO $RKLY

What if RKLY files bankruptcy for reorganizations?? They would wipe out most debts.

Blocks >= 10K per my TDA feed.

Looks like there is some wash trading involved...

01/06/23 19:00:00 0.1911 0.1913 0.1973 41,800
01/06/23 18:30:00 0.1911 0.1822 0.1973 41,800
01/06/23 16:10:00 0.1911 0.1821 0.1973 41,800
01/06/23 16:00:02 0.1911 0.1834 0.1935 41,800
01/06/23 16:00:01 0.1911 0.1834 0.1935 41,800
01/06/23 15:59:51 0.1838 0.1886 0.1887 34,800
01/06/23 15:59:20 0.1865 0.1915 0.1916 24,600
01/06/23 15:59:04 0.19 0.1925 0.1928 48,700
01/06/23 14:15:23 0.1913 0.19 0.1901 29,300
01/06/23 13:38:32 0.184 0.19 0.1901 32,800
01/06/23 13:24:09 0.1924 0.191 0.1924 15,100
01/06/23 12:35:48 0.191 0.1909 0.191 49,900
01/06/23 11:10:56 0.1852 0.184 0.1852 12,000
01/06/23 10:40:21 0.1983 0.1909 0.1983 10,000
01/06/23 10:39:47 0.1983 0.1925 0.1983 50,000
01/06/23 10:39:43 0.1975 0.1908 0.1915 17,100
01/06/23 10:37:23 0.1923 0.197 0.1971 10,300
01/06/23 10:31:26 0.1993 0.1841 0.1859 72,800
01/06/23 10:27:16 0.1831 0.1836 0.188 11,500
01/06/23 10:24:47 0.1862 0.1862 0.189 10,000
01/06/23 10:23:41 0.1862 0.1887 0.1909 33,600
01/06/23 10:20:33 0.1938 0.1909 0.1939 13,700
01/06/23 10:19:03 0.195 0.1952 0.1976 10,200
01/06/23 10:15:32 0.201 0.201 0.2039 16,100
01/06/23 10:09:57 0.2044 0.2044 0.2045 12,000
01/06/23 09:59:53 0.2044 0.2044 0.205 17,200
01/06/23 09:59:26 0.2042 0.2011 0.2042 20,000
01/06/23 09:55:04 0.2044 0.2011 0.2044 10,000
01/06/23 09:52:08 0.201 0.2011 0.205 26,300
01/06/23 09:47:42 0.205 0.1909 0.199 28,100
01/06/23 09:46:15 0.1924 0.1924 0.1991 25,000
01/06/23 09:46:01 0.1924 0.1924 0.1991 18,700
01/06/23 09:42:59 0.2068 0.1991 0.2068 37,900
01/06/23 09:41:00 0.2051 0.2051 0.2067 12,600
01/06/23 09:40:10 0.2065 0.2052 0.2067 30,100
01/06/23 09:40:10 0.2065 0.2052 0.2067 39,900
01/06/23 09:40:10 0.2065 0.2052 0.2067 30,500
01/06/23 09:36:51 0.208 0.2001 0.208 50,000
01/06/23 09:36:48 0.208 0.2001 0.2078 49,100
01/06/23 09:33:13 0.208 0.20 0.208 10,000
01/06/23 09:32:59 0.2001 0.20 0.208 20,900
01/06/23 09:32:10 0.206 0.1988 0.20 45,000
01/06/23 09:32:08 0.20 0.1988 0.20 50,000
01/06/23 09:30:00 0.20 0.1896 0.1988 39,000
01/06/23 09:23:27 0.19 0.19 0.1988 20,000
01/06/23 09:23:11 0.1987 0.1987 0.1988 10,000
01/06/23 08:40:29 0.19 0.19 0.1988 25,100
01/06/23 08:38:25 0.1948 0.19 0.196 16,100
01/06/23 08:27:30 0.181 0.181 0.182 43,000
01/06/23 08:21:36 0.188 0.188 0.19 22,300
01/06/23 08:00:03 0.19 0.19 0.196 10,000
01/06/23 05:45:01 0.185 0.185 0.185 10,000
01/05/23 19:00:00 0.2014 0.181 0.1999 37,200
01/05/23 18:30:00 0.2014 0.1979 0.1999 37,200
01/05/23 16:10:00 0.2014 0.19 0.201 37,200
01/05/23 16:00:02 0.2014 0.1987 0.2089 37,200
01/05/23 16:00:02 0.2014 0.1987 0.2089 37,200
01/05/23 15:59:57 0.2033 0.2014 0.2051 13,900
01/05/23 15:58:42 0.2089 0.2014 0.2089 10,000
01/05/23 15:54:57 0.2052 0.2051 0.21 14,800
01/05/23 15:54:46 0.2089 0.2011 0.2044 11,800
01/05/23 15:54:44 0.2044 0.1981 0.201 43,300
01/05/23 15:53:51 0.201 0.1975 0.1978 12,300
01/05/23 15:52:04 0.1971 0.1992 0.2001 10,500
01/05/23 15:52:01 0.20 0.20 0.2001 11,200
01/05/23 15:50:52 0.2004 0.2003 0.2004 10,000
01/05/23 15:30:12 0.20 0.20 0.202 19,900
01/05/23 15:22:17 0.195 0.2041 0.2055 100,000
01/05/23 15:22:17 0.1979 0.2041 0.2055 21,500
01/05/23 15:21:30 0.2057 0.2007 0.2008 30,000
01/05/23 15:17:00 0.20 0.1999 0.20 17,300
01/05/23 15:15:39 0.1974 0.1998 0.1999 15,500
01/05/23 14:59:25 0.194 0.1939 0.194 18,700
01/05/23 14:51:43 0.1935 0.1902 0.1905 18,400
01/05/23 13:57:48 0.185 0.1874 0.1949 24,000
01/05/23 13:57:48 0.185 0.1874 0.1949 10,000
01/05/23 13:44:09 0.1872 0.1951 0.1986 21,700
01/05/23 13:41:02 0.20 0.1951 0.20 10,800
01/05/23 13:40:22 0.195 0.195 0.20 98,200
01/05/23 13:40:22 0.195 0.195 0.20 19,100
01/05/23 13:35:29 0.195 0.1939 0.195 36,400
01/05/23 13:35:29 0.195 0.1939 0.195 45,200
01/05/23 13:35:28 0.195 0.1946 0.195 50,000
01/05/23 13:35:28 0.195 0.1946 0.195 28,700
01/05/23 13:35:28 0.195 0.1946 0.195 21,200
01/05/23 13:35:26 0.1949 0.1946 0.195 50,000
01/05/23 13:35:22 0.195 0.1939 0.194 29,100
01/05/23 13:04:26 0.1853 0.1812 0.1824 12,300
01/05/23 13:04:23 0.18 0.1823 0.1824 14,200
01/05/23 12:15:31 0.186 0.186 0.187 141,500
01/05/23 12:15:31 0.186 0.186 0.187 51,100
01/05/23 11:38:23 0.1769 0.176 0.1778 10,000
01/05/23 11:36:06 0.18 0.18 0.1811 50,000
01/05/23 11:21:41 0.1821 0.1821 0.1859 32,100
01/05/23 11:15:54 0.1827 0.1802 0.1827 10,000
01/05/23 11:15:32 0.1827 0.1801 0.1827 10,000
01/05/23 11:12:34 0.18 0.182 0.1829 10,000
01/05/23 11:12:10 0.183 0.183 0.1839 12,800
01/05/23 11:11:47 0.184 0.184 0.1859 10,000
01/05/23 11:03:30 0.18 0.1811 0.1872 11,600
01/05/23 11:00:42 0.1766 0.19 0.1924 20,000
01/05/23 11:00:42 0.1766 0.19 0.1924 33,200
01/05/23 10:55:27 0.1967 0.1924 0.1967 24,100
01/05/23 10:54:59 0.1875 0.1875 0.1949 24,400
01/05/23 10:50:23 0.1993 0.19 0.193 48,700
01/05/23 10:50:23 0.1993 0.19 0.193 45,600
01/05/23 10:49:42 0.1877 0.1876 0.193 12,000
01/05/23 10:49:40 0.193 0.1876 0.193 10,000
01/05/23 10:48:30 0.20 0.20 0.2031 34,000
01/05/23 10:45:58 0.2029 0.2029 0.2035 10,000
01/05/23 10:45:58 0.2029 0.2029 0.2035 10,000
01/05/23 10:45:43 0.1935 0.20 0.2032 29,700
01/05/23 10:45:43 0.20 0.20 0.2032 13,000
01/05/23 10:44:06 0.20 0.20 0.2035 21,800
01/05/23 10:38:53 0.1943 0.1954 0.1955 23,700
01/05/23 10:37:02 0.1931 0.1931 0.1984 39,800
01/05/23 10:35:33 0.21 0.2097 0.2098 83,100
01/05/23 10:35:28 0.2098 0.2097 0.2098 100,000
01/05/23 10:35:22 0.2024 0.2024 0.205 32,000
01/05/23 10:35:18 0.206 0.206 0.2066 13,600
01/05/23 10:34:04 0.21 0.2051 0.2075 42,000
01/05/23 10:33:09 0.205 0.205 0.2125 46,900
01/05/23 10:32:52 0.21 0.21 0.2126 19,800
01/05/23 10:32:52 0.21 0.21 0.2126 19,800
01/05/23 10:32:11 0.205 0.205 0.2149 18,000
01/05/23 10:32:10 0.2149 0.21 0.2149 10,700
01/05/23 10:32:07 0.21 0.21 0.215 14,500
01/05/23 10:32:05 0.2101 0.21 0.215 55,500
01/05/23 10:31:16 0.205 0.2013 0.205 30,000
01/05/23 10:31:15 0.205 0.2013 0.205 10,500
01/05/23 10:30:54 0.2028 0.201 0.2026 90,100
01/05/23 10:28:04 0.195 0.1935 0.195 18,400
01/05/23 10:24:57 0.1899 0.189 0.1899 10,000
01/05/23 10:14:31 0.1833 0.186 0.19 12,500
01/05/23 10:13:39 0.1859 0.19 0.1906 10,300
01/05/23 10:04:59 0.196 0.191 0.196 10,000
01/05/23 10:04:08 0.191 0.191 0.196 24,400
01/05/23 10:00:19 0.1877 0.19 0.1969 15,400
01/05/23 09:57:38 0.1973 0.19 0.1973 10,000
01/05/23 09:56:41 0.1989 0.19 0.199 10,000
01/05/23 09:55:49 0.1901 0.1995 0.20 14,300
01/05/23 09:52:59 0.1917 0.19 0.1903 14,200
01/05/23 09:52:57 0.1848 0.18 0.1848 12,900
01/05/23 09:52:51 0.18 0.18 0.1848 10,000
01/05/23 09:52:06 0.18 0.183 0.185 10,600
01/05/23 09:52:06 0.183 0.183 0.185 18,600
01/05/23 09:50:08 0.186 0.183 0.186 12,600
01/05/23 09:49:27 0.183 0.186 0.187 10,000
01/05/23 09:49:17 0.187 0.186 0.19 10,400
01/05/23 09:47:27 0.19 0.1861 0.19 10,000
01/05/23 09:47:17 0.187 0.187 0.1901 43,000
01/05/23 09:45:12 0.1849 0.184 0.1842 43,900
01/05/23 09:44:44 0.1849 0.1804 0.182 19,000
01/05/23 09:40:04 0.1759 0.1749 0.1766 11,900
01/05/23 09:37:51 0.1715 0.1714 0.1765 10,000
01/05/23 09:37:32 0.175 0.1801 0.1811 10,000
01/05/23 09:37:32 0.175 0.1801 0.1811 91,100
01/05/23 09:37:32 0.18 0.1801 0.1811 20,800
01/05/23 09:36:50 0.184 0.183 0.1844 21,900
01/05/23 09:36:50 0.184 0.183 0.1844 10,900
01/05/23 09:36:49 0.184 0.183 0.1844 14,900
01/05/23 09:36:23 0.1816 0.1816 0.19 11,600
01/05/23 09:34:30 0.186 0.1864 0.1924 23,900
01/05/23 09:33:56 0.1901 0.19 0.1946 15,000
01/05/23 09:32:47 0.1935 0.1935 0.1979 11,900
01/05/23 09:32:17 0.1943 0.1943 0.198 10,000
01/05/23 09:32:12 0.1943 0.195 0.198 13,500
01/05/23 09:31:41 0.1995 0.196 0.20 23,000
01/05/23 09:30:54 0.20 0.196 0.20 21,500
01/05/23 09:30:22 0.20 0.1945 0.2015 12,500
01/05/23 09:30:22 0.20 0.1945 0.2015 107,800
01/05/23 09:27:12 0.20 0.1988 0.20 14,000
01/05/23 09:24:43 0.1988 0.195 0.1988 10,000
01/05/23 09:10:58 0.196 0.1953 0.196 20,500
01/05/23 09:08:57 0.192 0.1909 0.192 46,700
01/05/23 09:08:18 0.1921 0.192 0.1978 10,000
01/05/23 09:04:41 0.20 0.195 0.20 10,000
01/05/23 09:01:35 0.20 0.1998 0.20 25,000
01/05/23 08:58:26 0.195 0.1932 0.1957 10,000
01/05/23 08:53:53 0.195 0.1971 0.1972 21,900
01/05/23 08:53:53 0.195 0.1971 0.1972 25,900
01/05/23 08:53:23 0.20 0.197 0.20 10,000
01/05/23 08:50:20 0.1958 0.1915 0.195 10,000
01/05/23 08:48:23 0.20 0.1999 0.20 10,000
01/05/23 08:48:01 0.20 0.1999 0.20 35,500
01/05/23 08:47:36 0.1999 0.1999 0.20 45,300
01/05/23 08:47:36 0.1999 0.1999 0.20 24,000
01/05/23 08:47:05 0.20 0.1999 0.20 16,600
01/05/23 08:47:05 0.20 0.1999 0.20 16,600
01/05/23 08:47:05 0.20 0.1999 0.20 11,800
01/05/23 08:47:03 0.20 0.1999 0.20 15,000
01/05/23 08:46:52 0.2023 0.206 0.2289 10,000
01/05/23 08:46:52 0.2222 0.224 0.2289 11,400
01/05/23 08:46:52 0.2222 0.224 0.2289 10,800
01/05/23 08:46:52 0.2235 0.224 0.2289 139,900
01/05/23 08:46:04 0.2251 0.2251 0.2289 10,000
01/05/23 08:40:55 0.231 0.231 0.2314 27,000
01/05/23 08:34:14 0.25 0.2492 0.2499 32,000
01/05/23 08:32:19 0.2499 0.2484 0.2499 10,000
01/05/23 08:25:07 0.248 0.248 0.251 20,000
01/05/23 08:20:00 0.28 0.28 0.2842 13,700
01/05/23 08:18:24 0.285 0.2723 0.279 16,400
01/05/23 08:18:24 0.2845 0.2723 0.279 10,000
01/05/23 08:15:17 0.275 0.27 0.275 10,000
01/05/23 08:15:16 0.275 0.27 0.275 18,600
01/05/23 08:13:56 0.2649 0.2626 0.2649 18,800
01/05/23 08:11:36 0.2501 0.25 0.2542 11,300
01/05/23 08:10:49 0.25 0.25 0.2542 12,200
01/05/23 08:10:14 0.25 0.2495 0.25 18,300
01/05/23 08:10:14 0.25 0.2495 0.25 16,400
01/05/23 08:03:19 0.263 0.263 0.2631 21,800
01/05/23 08:01:57 0.265 0.263 0.265 18,800
01/05/23 08:00:33 0.256 0.253 0.256 13,500
01/05/23 08:00:02 0.26 0.2573 0.265 18,400
01/05/23 08:00:02 0.2922 0.261 0.265 10,100
01/05/23 08:00:01 0.275 0.261 0.265 10,000
01/05/23 08:00:01 0.2431 0.261 0.265 20,000
01/05/23 08:00:01 0.272 0.261 0.265 10,000
01/05/23 08:00:01 0.2789 0.261 0.265 10,000
01/05/23 08:00:01 0.289 0.261 0.265 10,500
01/05/23 08:00:00 0.252 0.261 0.265 23,000
01/05/23 08:00:00 0.26 0.261 0.265 10,000
01/05/23 08:00:00 0.27 0.261 0.265 10,000
01/05/23 07:52:54 0.263 0.26 0.263 23,400
01/05/23 07:52:49 0.263 0.26 0.263 12,100
01/05/23 07:52:04 0.263 0.261 0.2621 10,000
01/05/23 07:22:22 0.26 0.2588 0.2589 10,900
01/05/23 07:19:42 0.25 0.243 0.2471 10,000
01/05/23 07:18:14 0.2665 0.2713 0.279 10,600
01/05/23 06:59:07 0.29 0.29 0.2903 15,000
01/05/23 06:58:53 0.29 0.29 0.2903 10,000
01/05/23 06:58:53 0.29 0.29 0.2903 10,000
01/05/23 06:58:49 0.29 0.29 0.2903 21,300
01/05/23 06:58:49 0.29 0.29 0.2903 21,300
01/05/23 06:58:47 0.29 0.291 0.2912 34,000
01/05/23 06:57:33 0.29 0.29 0.2915 27,300
01/05/23 06:53:05 0.29 0.2913 0.2918 20,400
01/05/23 06:16:05 0.27 0.27 0.2715 10,000
01/05/23 06:16:02 0.28 0.2802 0.2809 10,000
01/05/23 06:08:34 0.35 0.35 0.35 25,000
01/05/23 05:57:35 0.36 0.3511 0.36 11,900
01/05/23 05:45:51 0.32 0.32 0.33 11,800
01/05/23 05:45:00 0.35 0.3363 0.34 12,300
01/05/23 05:30:59 0.188 0.147 0.188 14,989

makin said, A premium of $2.40 share buyout on this would be a decent acquisition.

I agree it smells like a cheap buyout, they have manipulated this non-stop lower from the beginning, I'd bet a buyout at $1 to $2 is the goal

I believe the technology is fine, but the financial management/forsight has been a disaster for RKLY, the cash burn is HUGE, why? because RKLY employs 89 PhD's and 190 Engineers!! (see slide 5) They have about 500 patents/patent apps, 17 customers including Apple (delayed) and Medtronic, the original revenue guidance Rickman gave in March 2022 was for $325 million in 2023 and $1.2 billion in 2024, later in the year Rickman said that guidance would be revised and given to investors in 1Q of 2023

https://s28.q4cdn.com/749577678/files/doc_presentation/2022/11/1/RKLY-4Q22-Investor-Presentation-2022-11-15.pdf

Interesting technology here, not sure how many people will have it on their shopping list this year but very interesting nonetheless.

I was only trying to answer the issue about the differing volumes being reported. Ample reason for discomfort, no disagreement here.

see my posting history.. multiple issues that I am not comfortable with

Ihub and TD are most likely showing the 9 million shares traded pre-market while CNBC is not.

Data should be a constant... data inconsistency IMO is evidence of a corrupt market.

CNBC is showing volume 8.8 million.
Why the differences in showing volume from different sources? Ihub indeed showing +17 million

Today's volume per TDA:


01/05/23 0.20 0.2156 0.1714 0.1801 5,588,948
01/04/23 0.145 0.1585 0.144 0.1496 1,355,185
01/03/23 0.15 0.155 0.1401 0.1421 1,041,178
12/30/22 0.15 0.166 0.14 0.1401 1,099,074
12/29/22 0.15 0.1705 0.141 0.1494 1,609,669
12/28/22 0.1673 0.168 0.1428 0.145 2,358,651
12/27/22 0.1699 0.178 0.15 0.1585 2,006,756
12/23/22 0.1586 0.1666 0.1461 0.1546 1,434,134
12/22/22 0.1537 0.1649 0.14 0.1431 1,063,650
12/21/22 0.163 0.18 0.1402 0.1508 2,373,077
12/20/22 0.1654 0.19 0.163 0.1646 1,669,471



Above data from cut and paste... Visually showing 17,191,350.

$RKLY: Probably CEO AndrewRickman stockpiling Shares here

He did sell over 18 Millon shares at $3.90 for a nice take of $72Milly on March 15 last year

If he buys 18Milly shares here at 0.20 its only gonna cost him $3.6Milly.

Nice way to get back in again at a much more favorable price.

Keep an eye out on Form 4 or 13d Filings here in the near future, that'll explain
this volume.


GO $RKLY

There was a 350,000 buy at .195 and a 500,000 share buy at .20 isn't that a 100,000.00 dollar buy ?and a 68,000.00 dollar buy at .195,there must be some big news coming we don't know about

$RKLY: All I know is I called BOXD yesterday...............


At $0.28............ and its 0.38 today


Now you see from the techniclas a monster hoard here at 0.20, so either they
have something to Announce at CES this week or something is happening.

I think they say something at the CES show in VEGAS


GO $RKLY

so whats going on here with rkly ,I havent been able to find anything thats causing all the volume ,do you have any idea? thanks

$RKLY : And another 500k buy there at $0.20


Something is definitely happening here.......... todays volume is super out of the ordinary.

COUNT ME IN

GO $RKLY

$RKLY: Monster 15Milly Daily Volume at bottom of CHART

Looks like someone is gonna be showing a 13d Filing soon enough with a huge
position buildup in this.

Largest Daily Volume ever on the chart.

A premium of $2.40 share buyout on this would be a decent acquisition.

Good presentation............


https://s28.q4cdn.com/749577678/files/doc_presentation/2022/11/1/RKLY-4Q22-Investor-Presentation-2022-11-15.pdf



GO $RKLY

You are better off looking at Poet Technologies
https://themarketherald.ca/poet-technologies-powering-the-next-generation-of-everything-2023-01-05/

Yes, that really resonated with me, these PHD's that Lightwave is hiring are not random.

Ph.D. candidate from CU Boulder (expected graduation: December 2022) actively seeking an industry position for medicinal chemistry or process chemistry. The ideal position includes challenges in organic synthesis working in a collaborative environment alongside motivated scientists who are passionate about improving the lives of patients.

Skills: Nuclear Magnetic Resonance (NMR) · Synthetic Organic Chemistry


https://www.linkedin.com/in/duk-kyu-will-yi-85025564/

Xena I was wondering about your other post (below) regarding Rockley and whether they may be working on something with Lightwave's polymers for their biosensors (Elec-Opitical), and possibly even with GFS. However, I know this isn't the immediate area of development that LWLG is working on very aggressively (modulators). Especially with some of Lightwave's recent hires (synthetic chemist, with focus on medical area).

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170866889

$RKLY : Looks like a value spot here at 0.19 now


I like the position on the tape and also that Vol bar o 5Milly buy yesterday sets it up as
cue as well.

Its been hit pretty hard, has to be some recover with such a low RSI on the chart


GO $RKLY