Lightwave Logic Inc (LWLG)

[frobinso]

While it would be nice to have seen a tier one deal inked, so that at least this comes on the heels of proven execution that is already anticipated. However, it is always best to put these things in place before your cash is anywhere near depletion. When good news does come they can utilize this in various ways. The shelf will reduce going concern risk at the least, and also opens up options when it comes to negotiating with a tier-one, or having shares to provide a company that as part of a deal wants to take an equity position. Nvidia seems to do this sort of thing, so one can hope that is also good news in the wings soon.