Lightwave Logic Inc (LWLG)

[Fruno]

Your point is valid. However, if you read all of the rule and look at the table, it becomes very confusing. The three asterisks on the table seem to only apply to the $2 closing price. I'm not trying to argue one way or another, just trying to understand what the rules actually say.

I've had a long career as a consulting environmental engineer, mostly dealing in the cleanup and disposal of waste materials. Deciphering local, state and federal regulations is a unpleasant part of the business. There always seem to be contradictions and the language is too open to interpretation.

I learned 2 things about regulations: 1. Ask the regulator what it is they actually require. 2. Never ask a lawyer - they will confuse things even more.