Replies to post #16015 on Lightwave Logic Inc (LWLG)

[terry hallinan]

Fullthrottle,

[Insiders] probably all have options they can exercise at a later point anyway correct?

As you probably know, investors who fit the SEC rules defining insiders only by reason of their percentage ownership (i.e., not executives and directors) are not usually rewarded with options.

I don't think I have ever owned or even looked into a company that did not award options to executives and/or directors though Warren Buffett prefers all officers of companies he invests in get straight salaries only.

The lengthy, gory details of outstanding options of LWLG at date covered by last 10-K start here on page 47:

https://www.sec.gov/Archives/edgar/data/1325964/000155335015000254/lwlg_10k.htm

Best, Terry

[Nrdc92]

Right, we've been right on the edge of the big breakthrough for the last 10 years which is why no insiders have bought, for fear of the SEC. I'm sorry but everyone from Phil forward has been brimming with confidence, yet we're below 80 cents, no revenue, no contracts, still no names disclosed, no insider buying, no trading volume, no white papers, running out of cash, nothing. These guys keep serving up the kool-aid and we keep drinking.