Lightwave Logic Inc (LWLG)

[tedpeele]

I'll answer all 3 of you in one post to limit them:

Matty, I am normally a short term trader, but I always have been drawn to long term 'gems', and so I was contemplating putting a lot more into LWLG. That's why I spent more time than normal here recently. The recent revelations along with the stock price pullback made it look like a possible perfect storm in terms or risk/reward.

Re the bonuses, I think I read in the report having the bonus that there was internal criteria -- whatever I read didn't change my view. I asked the board if this is common among companies going to Nasdaq and nobody responded. If it was common AND the amount was reasonable given some typical criteria I would back off. But I think revenue or expected revenue is a far more shareholder-friendly criteria than something as variable as the market cap if that is what they used (what else is there?).

Scope, I"m not an all-or-nothing investor. I've known people who lost everything because of that mentality. It's not smart unless it's a near 100% lock. I buy based on risk/reward/time. Based on what they say that's now. Based on what they do, I don't think it is. I'm willing risk a small amount in case what they say is more accurate.

Egidio77, I think I answered that above. In general I am conservative financially, and think there is too much greed by those in top positions in OTC companies (I know it no longer is), so I don't necessarily agree with the typical salaries and bonuses given, but if $2.5m is typical for what they have done that is public (ie go to Nasdaq) I'll change my view. I don't think it is.

Hope that helps explain for you.