Lightwave Logic Inc (LWLG)

[Lewrock]

I have owned a few companies that have gone to Lincoln Park. They are a lender of last resort and institutional investors consider it a red flag. Most institutions are not permitted to invest in bulletin board stocks so LPC is not a big issue now. However, the goal is to uplist to the Nasdaq and, in my opinion, it would be best if LWLG had no current relationship with LPC when that day arrives.

I very much applauded management for wanting to get the stock price up organically rather than do a reverse split. Once LPC is done selling all or most of the 5,943,465 shares issued to them thus far in 2021, the stock will move higher from their first dual PR describing a partnership. Most deals of this sort contain upfront cash, which should exceed the remaining put option with LPC. Also, it is likely that one or more institutional investors are prepared to begin investing in LWLG once their bylaws permit. I have no doubt management would be aware of this investor interest and would give them confidence that the stock would not fall back below the threshold and trigger a warning of six months to get the stock price up or face a delisting.

I have followed LWLG for roughly 15 years, but only became a stockholder last week. Like everyone else on this board, I see great potential.