Lightwave Logic Inc (LWLG)

[Lightning_Rod]

10 Q observations:

prototype device development and wafer fabrication expenses decreased by $226,262.

lab and wafer fabrication materials and supplies expenses decreased by $68,090.

Meanwhile,
R&D salaries increased $243,124
R&D travel expenses increased $69,939

legal fees increased $147,576

Basically what I am seeing is the money spent on building prototypes decreased several hundred thousand dollars over the summer months while the R&D team grew and started traveling more all while they spent more on lawyers.

Kind of gives us a glimpse into their current business focus… landing a deal. Just as we were told.

Credit where credit is due!!

L_R