Lightwave Logic Inc (LWLG)

[prototype_101]

Based on the following I believe LWLG management should pursue the Naked Shorting with similar legal actions!!

Genius Group: Investigation Suggests Certain Parties Sold, Didn't Deliver Company Stock
7:24 am ET January 4, 2023 (Dow Jones) Print

By Chris Wack


Genius Group Ltd. said Wednesday that the initial results of an independent investigation indicate that certain parties appear to have sold but not delivered a significant amount of the stock of the company.

The unfulfilled sales are illegal and appear to be part of a market-manipulation scheme seeking to artificially depress the price of the securities of the company, the company said, based on the investigation results from Christian Levine Law Group and Warshaw Burstein LLP.

Genius Group said it would continue to investigate who is responsible for manipulating its share price and will aggressively pursue all remedies against any and all parties responsible for damaging the company.

Genius Group said in November that it believed it may have been the target of a market-manipulation scheme that adversely affected its share price.

Genius Group shares were up 8%, to 34 cents, in premarket trading.