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Sunday, June 25, 2017 9:48:04 AM
I believe that there will also be many other funding vehicles presented for LWLG in the not so distant future, but also keep in mind that based on the conservative cash burn rate of LWLG at 330k per month and the using the current LPC agreement, LWLG can issue 200k shares a day for a mere 13 days and have operational cash extended through the end of calendar 2018, and at that point operations will be generating plenty of its own cash
so honestly, raise of future cash needs will NOT be a problem for LWLG, period, perhaps even as we approach end of 2nd Quarter, the 10Q will find us having already issued those 13 days x 200k shares (2.6 million total) to LPC and having already raised funds for all of 2018 operations, and also don't forget, this does not even incorporate the monies LWLG has been raising from warrants of late
#DISRUPTTHIS
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