Lightwave Logic Inc (LWLG)

[Fruno]

LPC was allowed to buy $3,000,000 worth of shares at $9.16 per share in early October (see the October 7 press release). This is about 327,000 shares. They can sell these when they want. I assume they already sold them.

The remaining $30,000,000 dollars in the agreement will be made up of shares sold by LWLG to LPC, whenever LWLG decides to sell them. So who knows if any additional shares have been subsequently sold by LPC.

Then there's the remaining $67,000,000 of the shelf (remember, the shelf totals $100,000,000 - the number of shares depends on the share price). We have no idea what has or hasn't happened with those funds.