InvestorsHub Logo
Followers 122
Posts 43822
Boards Moderated 1
Alias Born 09/06/2012

Re: prototype_101 post# 31358

Tuesday, 11/07/2017 12:45:53 PM

Tuesday, November 07, 2017 12:45:53 PM

Post# of 189093
huh?

the LWLG stock price has now dropped to $1.34 and heading to below $1.00 in the near future as the Toxic Financing with Lincoln Park Capital continues



using Friday's 9/22/17 close of 1.53, and referring to the financing agreement with LPC, the company can sell up to 200,000 shares per day to LPC to raise capital for remainder 2018, this translates to about $300,000 per day currently, so to finance remainder of 2018 at the current burn rate of about $400k per month, it would take only 13 days, and the issuance of approx. 2.5 million shares, this is approx. additional 3% dilution


Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LWLG News