Lightwave Logic Inc (LWLG)

[prototype_101]

Strik, LWLG has been using LPC since 2011 to successfully finance operations, they generally always keep about 6+ months of cash for operations, so the negative rub on LPC as being toxic because essentially they act as a middle-man to LWLG who sells them shares on any given day LWLG requests which ultimately LPC may sell into the open market. LPC gets the lowest price of any day they are sold shares

the good news in the LPC financing agreement versus a PP or PO is that there are no warrants issued so you don't get that shock value 20% haircut when a new round of financing is news released

LWLG now has 70 mil shares o/s, so at $1/sh would need to issue approx 6 mil shares to finance 2018, at $2/sh only 3 mil shares, hoping the April PIC will provide the news flow that jumps this to the 2's and 3's (of course, per the 10-K current cash position already funds operations into Oct 2018)