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Thursday, 04/16/2015 4:30:10 PM

Thursday, April 16, 2015 4:30:10 PM

Post# of 201051
I dunno guys. Why can't we have the vote two weeks after the meeting? It's not asking much and it'll allow us to hear what they have to say before we vote on something that could potentially dilute us another 330%. I can't believe those of you who are blindly voting for this after being here for all these years and already suffered 50-100% dilution.

For the record, I trust the collective management at LWLG. We are in good hands. But WE shareholders own this company and management works for US.

The company asked for an additional 50 million shares this year. That means they think they need at least that. What the hell are they going to do with those shares and all that money that comes with it. They sure as hell don't need any more to give themselves. I sure hope they don't use 100 million shares to buy a company for a "faster path to revenue". Eff that.

What's another option? A large investment from XYZ Company? OK...that's fine. But tell us that's a REAL option and the path they are trying to take before asking us for more shares. That'll likely raise the stock price and the deal can happen at a higher price ie less dilution.

If we really need a few tens of millions of dollars to start producing/distributing devices...OK...that's great! But tell us that's what you need the money for.

Who wants to do another private placement this summer...but for $10 million at 85 cents? That would be almost 50% dilution just there (another 25 million shares approx with options/warrants).

Tom said last week that as of right now they have no specific plans for the extra shares!!!!!!!

Let's use this shareholders meeting to ask the tough questions before we give them anything else. In the past, people here have compiled very good questions for management. Very few ever had the balls to actually ask them.

Unless we get amazing device test results within the next month with a letter to shareholders prepping us for the meeting...there are a lot of shares not voting yes.


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