You would think that a work of art like this that has had countless hours put in to its creation would be looked after and treasured !? But unfortunately not , its had some really poor repairs and has had deck plugs put in for tow board loops. The fact its an early epoxy board makes it harder to repair well, and the years have taken their toll.
Back when it was new around 1984 this was a wonder board, a revolution, and Lightwave were the first company making surfboards out of epoxy in the world (borrowed from the boatbuilding industry) . It was sold as much stronger yet much lighter than other boards of the time. But rather than taking over the market, these epoxy boards died a death by the late 80s (a few decades later epoxy would again hit the market ).
They designed a new foam, which resembled polystyrene and was much lighter than standard blanks ; so they could use the weight saving to make the outer shell much more durable. Epoxy resins did the job, which were pretty bombproof and didn't pressure dent. The new foam also didn't suck up water so any dings that happened wouldn't bog the board down so badly.
When you read all this its surprising they weren't a big success.