Lightwave Logic Inc (LWLG)

[x993231]

The purchase price of the shares related to the Purchase Agreement will be based on the prevailing market prices of the Company’s shares of common stock, which shall be equal to the lesser of the lowest sale price of the common shares during the purchase date and the average of the three (3) lowest closing sale prices of the common shares during the twelve (12) business days prior to the purchase date without any fixed discount.

The majority of their Juice is paid up front for signing on the 20 Million line, they do get a few shares each times, I think Lightwave has another 11 Million left to tap if they want.

I came across that when reviewing the K

X