Lightwave Logic Inc (LWLG)

[oddone33320]

I do not think that we will get a shareholder update until August. Here's my logic:

At a minimum they give us 1 PR per month. We already received our June PR (Annual shareholder meeting date) so to not see another PR this month wouldn't be unusual.

Also, they should receive the prototype devices back from OPSIS in "early summer" which I take to mean July so there is our minimum 1 PR for July. AKA "we received the devices back and now we have to coat and test them...we are excited...need another month or so to test...yada yada yada"

In August we have the ASM on 8/21. The ASM is usually when they provide a more comprehensive update to investors so this is when I think we will finally get one. In addition, by then they will have had time to coat the devices from OPSIS with their new material and conduct some testing which they may or may not report to us based on how well the devices performed.

On top of all that, they are currently trying to fill a private placement right now so they are likely enticing investors with information that would have comprised a Shareholder update. As a result, they have no need to update the rest of us and it is probably in their best interest not to so that investors in the PP feel like they have the inside scoop.


A little pessimistic, I know....Still looking forward to August and the update at that time though...