Lightwave Logic Inc (LWLG)

[MarcoPolo4]

You said "This stock is dangerously close to a delisting process." Trading below one dollar should raise some concerns but it takes 30 CONSECUTIVE days of trading, so well over a month to begin the process and it is a process. One close over one dollar like yesterday restarts the count. If the consecutive days below one dollar occurs, this triggers a letter giving 180 days to get back in compliance over one dollar and needs to stay there over one dollar for 10 consecutive days before delisting surveillance drops. In most cases, if 180 days goes by and compliance is not met most companies receive an additional 180 days if they offer plans to get back to compliance. A lot can happen over the course of a full year especially a company like LWLG that has a ready answer for companies to break through limitations on speed and saving power. A year is a long time for Yves to do some good to support a better stock price. We aren't leaving the NASDAQ anytime soon.

Other posters complain about upcoming Russell reconstitutions and about ETFs selling because of upcoming removal from that index due to a low share price and low market cap. We are in the worst small cap bear market in over 20 years and the main reason is high interest rates. The Russell 2000 has been buried and it has gotten worse this past week with Trump tariffs blowing up the market. So many companies in the index have been pushed down.

The Russell 2000 index reconstitution weeds out companies that no longer qualify due to delisting or companies taken over in mergers. The main goal for inclusion is to keep companies that help to round out a wide spectrum covering the whole market . There are a few companies whose market cap is zero and those will likely go. Market cap matters but it is not the main criteria. Currently there are over 200 companies in the index that have lower market caps than LWLG. There are 40 companies with market caps less than 20 million. Forty percent of companies in the index are unprofitable. All this says is that many, many companies are in a worse position as far as staying in the Russell 2000 than LWLG. While falling below one dollar matters on the NSASDAQ it does not matter in the Russell 2000. I think the folks that keep bringing up the Russell 2000 reconstitution are just fear mongering and want shareholders to sell. I am disgusted with the stock price but I keep in mind that we are not close to oblivion and it will take more time for positive progress.