Lightwave Logic Inc (LWLG)

[KCCO7913]

It's not that the incumbent technology is adapting better than expected, it's that LWLG's development is moving slower than (we) expected. Probably slower than LWLG expected, too. It's hard to predict how long the last few % will take to finish.

Marcelli should be removed and a proper CFO should replace him. That's the first major move to make in 2025 and especially if the stock continues to be in bad shape. The company would need to find a different type of financing that Marcelli is unqualified to obtain.