Lightwave Logic Inc (LWLG)

[Lewrock]

At the end of June, individuals owned about 107 million shares. My guess for December 31st is that number is now about 88 million shares. With an increase in the share count since then, institutions have accumulated about 21 million shares.

Individuals, whether known to this message board or not, have been selling their shares for their own reasons! The institutional accumulation is made up of active money managers as well as index funds. Lebby’s presentations have been effective. Since this company is still in its development stage, the active money managers are making their buying decisions on the credibility of Dr Lebby. No doubt these money managers have many contacts throughout the industry and to the extent possible, favorable feedback must be a part of it.