Lightwave Logic Inc (LWLG)

[jeunke22]

RKF… Europeans started to buy Lightwave in the 2009-2012 time frame when the outstanding shares were around 70- 80 million and Lightwave was still at the OTC. Until such time funding happened through private placements and Lincoln Park. The Goetz family was still majority shareholder( with more than 10 million shares ?) and management participation was small. Early 2021 before entering Nasdaq the outstanding shares were approximately 100 million. I told this board that the Europeans held at least 50% or 35-40 million shares. Don’t know what happened after Nasdaq but I would assume that with the arrival of Lebby in 2016 , the various European investment conferences, European shareholding did start to grow again. Probably also more impatient shareholders departed. All in all I I would guess Europeans hold over 40 million shares. In other words 34 million institutions, approx. 40 million Europe, USA approx . 44 million ( incl. Goetz family and management) = 117 million. I guess the 22 million shorted shares need to pool their cover from the US retail pool. ( 50% of all outstanding US shares) or need to be created from thin air. A true catch 22 situation. Please understand that these figures are a guess. Don’t use them as facts.