Lightwave Logic Inc (LWLG)

[buzlightwave]

Interesting tidbits

"Legal fees were $52,830 and $19,031 for the three months ended September 30, 2012 and 2011. The increase of $33,799 was primarily due to legal services during the three-month period ending September 30, 2012 for contract agreement negotiations."



"Our business does not presently generate the cash needed to finance our current and anticipated operations. We believe we have raised sufficient capital to finance our operations through October 2013; however, we will need to obtain additional future financing after that time to finance our operations until such time that we can conduct profitable revenue-generating activities."



"During June 2011 through September 30, 2012, Lincoln Park purchased 3,080,168 shares of our common stock for proceeds of $4,400,000."