Lightwave Logic Inc (LWLG)

[tedpeele]

Marcelli and Zelibor have been selling like demons --

Marcelli has sold 419,000 and registered to sell another 365,000 shares -- in total it looks like almost ALL of his shares.
Well over $4 MILLION: Check out this one of several filings: https://www.otcmarkets.com/filing/html?id=19279193&guid=FGI-kFpcsZ7fJth WHAT????!!!!!

Zelibor has sold 155,000 and registered to sell another 185,000 which is almost all of his direct ownership (excludes around 500,000 options). See this one of several: https://www.otcmarkets.com/filing/html?id=19283518&guid=FGI-kFpcsZ7fJth

Both likely are selling some for tax purposes and to enable exercise of options in the future but it appears profit taking is a big part of the reason too.

MY QUESTION: Is it just a coincidence that the price is rising at the same time as the massive sales -- amounting to millions of dollars?

Or might there be a COORDINATED EFFORT to 'pump up the price' to help these former big guys get out at a high price?

hmmmmm...

..