Lightwave Logic Inc (LWLG)

[tedpeele]

sorry, but I simply judge it very differently. Stocks go up for many reasons - some related to actual progress, some to rumors which may or may not originate from the company. In Lightwave's case it went up because of 'mass commercialization' hopes fueled by Dr Lebby, as well as some decent evidence that GF was interested in them.

Re the bonus, it was too early and for me it appears exceedingly greedy.

I think it is outrageous that they awarded themselves those bonuses without much evidence at all for shareholders that the rocketship price rise was deserved. It's just as outrageous that they didn't buy any shares with the $5m except for $10k, if in fact they had the ability to do so. I"m no expert but the fact that Dr Lebby bought 1,000 shares suggests he could have bought many more, as well as Mr Marcelli. It may be that his attorney said it is illegal but go ahead since the amount is so small. In any case when you also take into account that the directors all bailed at $15 it just seems like the cart before the horse on awarding themselves those massive bonuses.

My perspective is that insiders actions simply have not supported the words: 'massive commercialization' or 'ubiquitous'

I hope for all of your sake that you are right in your perspectives. I just can't share it at this point. I'll still keep some shares in case it turns out you are right and I'm wrong.