Replies to post #28585 on Lightwave Logic Inc (LWLG)

[prototype_101]

X , So Logic dictates that we will see a filling on the LPC registration tonight but I may be wrong. (it is always easier to do those filings after updating the items included in 10Q because the filings contains the same info) That being said though just because they register shares does not mean they will tap them, but the line of credit is approved so of course they should keep it open.


X, I think the current registration for 5 million shares that was filed in April 2017 still has plenty of shares remaining

From the 10-Q Note 7 (page 10)

During the period August 2016 through June 30 2017, the institutional investor purchased 4,400,000 shares of common stock for proceeds of $3,209,950 and the Company issued 104,326 shares of common stock as additional commitment fee, valued at $87,841, fair value, leaving 545,674 in reserve for additional commitment fees. For the three months ending June 30, 2017, the institutional investor purchased 400,000 shares of common stock for proceeds of $584,600 and the Company issued 19,001 shares of common stock as additional commitment fee, valued at $29,168, fair value. For the six months ending June 30, 2017, the institutional investor purchased 2,000,000 shares of common stock for proceeds of $1,656,760 and the Company issued 53,845 shares of common stock as additional commitment fee, valued at $53,921, fair value. During July and August 2017, the institutional investor purchased 800,000 shares of common stock for proceeds of $935,600 and the Company issued 30,408 shares of common stock as additional commitment fee, valued at $37,164, fair value, leaving 515,266 in reserve for additional commitment fees.

https://www.sec.gov/Archives/edgar/data/1325964/000155335017000939/lwlg_10q.htm

So from the April 2017 S-1 Registration of 5 million shares, it looks like at most a total of 1.2 million have been issued to LPC

April-June 2017 --> 400k shares
July-August 2017 --> 800k shares

X, is this not correct?

[gatesoft55]

X,

What do you mean "This is different than the partnerships we talk about"? Please explain in more depth what you are thinking.

Btw, how is the arrangement you propose for $20 million in cash better than what LPC offers? If we are so close to a major partnership with one of the industry titans why don't we just wait until the stock is much higher before seeking that kind of money? And why dilute so heavily now when a buyout may be right around the corner- potentially within the next year? You keep saying that this is going to end in a buyout...


GATES.