Lightwave Logic Inc (LWLG)

[Lewrock]

The following was a response to me from Luke Zimmerman of the MZ Group dated April 18, 2023. We have always believed the MZ Group was 3rd rate, but cheap enough for Marcelli’s budget.

Luke is saying they meet with small fry institutional investors of managed funds. These are the one on one meetings that take place at Roth events. In my ownership spreadsheet that X publishes in Drop Box quarterly, I changed the category heading to Retail + Boutique Ownership last year. In other words, these small managed funds are viewed by me as retail investors.


Your share tracker is not reflective of the reality "on the ground".
Only funds with $100M+ in assets under management need to file their positions publicly. As a small-cap stock, the vast majority of investors we meet with are sub $100M in assets. Most investors purposefully keep their funds below that point to avoid triggering that requirement. So what you see publicly will never be reflective of the actual institutional holdings.

Thank you for your continued support,

Lucas A Zimmerman