Lightwave Logic Inc (LWLG)

[jeunke22]

Company is in a very healthy financial situation thanks to prudent financial management, its loyal shareholder base and the support of the funding from Roth and LPC. Company bought 1 mio in new equipment, added employees and is moving to new and larger laboratory building. The company is reporting detailed progress on its commercialisation and working with large scale silicon photonics foundries using CMOS. Just Google yourself to see who that may be, there is only a handful in the world.
The company increased its cash position to 33 Million ( at higher run rate sufficient until February 2025) added around 1,7 million shares to its low float ( 114.2 mio shared to 116,1 shares), has no debt . Enjoys the trust of large institutions like Black Rock, Vanguard, State Street and the Mitsubishi Bank and an overall 23 % institutional ownership. Since it’s listing on the Nasdaq, the company has attracted increasing attention from shorts. Current short positioned has platooned at 22. 2 Mio for a couple a months now leading to ever more senseless messaging from a handful of known short manipulators. Read the companies’ 10 k and don’t get distracted by people who try to manipulate you with their own interpretations.