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Re: None

Friday, 08/18/2017 8:48:33 AM

Friday, August 18, 2017 8:48:33 AM

Post# of 187448
I seriously don't understand the angst people feel with the LPC financing. If you want to see toxic, look no further than POET's 10/2016 financing with Rodman and Renshaw. Instead of raising $10 million and diluting by roughly 5%, the company announced an open private offering that took the stock from 75 cents to 27 cents in the 3 weeks until closing. So instead of roughly 14 million shares being issued, 37 million shares and 37 million warrants were issued.

And, if you think LWLG is worth more than a couple dollars, why invite a "partner' to buy a piece now, say 10% for $20 million, along with tying your hands in controlling all of the technology?

If the company believes it is near a hallmark event, wait, announce and then see what offers come. And they will, on your own terms.
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