Lightwave Logic Inc (LWLG)

[AdamN]

Good. Newcomers, here’s why you can’t trust this company imo:

Under Dr Lebby:

1. The December 2022 shareholder letter said they were “on track” to meet their stated goals by the next ASM. They weren’t, and they knew it, and then they had the gall to refuse to review those goals at the ASM.

2. That same letter said that they had expanded their warehouse space. They did not reveal that the existing tenant lease wasn’t even up until August, 8 months later

3. At the last ASM they used a so-called commercial agreement excuse for not reviewing goals that had virtually nothing to do with the agreement. They announced the deal on the last day, gave almost no details, and to date it has produced virtually nothing.

4. Less than a month after saying they were implementing 4×200 in foundries, they changed the wording to say they were only “planning to implement” for the annual letter to shareholders This changes the meaning entirely.

5. When the share price was sinking in early December, the company put out an early shareholder letter, stating that multiple deals might close by the end of the year. Nearly 4 months later, we’ve heard nothing.

How can anyone with even average thinking skills look at all of that and trust anything this company says? The pr yesterday had more ambiguous wording just like they all do. They could easily say things in a way that is not ambiguous, but they choose not to.

It’s not an oversight. Wake up people before it is too late.

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