Replies to post #28611 on Lightwave Logic Inc (LWLG)

[mackwheaton]

Absolutely agree Gates, one of the reasons why I now have a firm position.

I do caution everyone, from personal experience, that the last mile is almost always the longest. If they do get to 50gbps by year's end, look out. The talent on board should be telling. But I don't expect things to heat up until September. Not long now.

[236T568]

actually, very very wrong

the mere fact that LWLG has been forced to use toxic financing through notorious toxic funder Lincoln Park Capital EXACTLY defines that LWLG has gotten itself into a financial pickle.

Mack-

One of the reasons that LWLG has not gotten itself into a financial pickle is that they have been very frugal with their spending. LWLG has absolutely no debt and a historic burn rate of less than $4 million annually. Being financially prudent coupled with tapping LPC occasionally for funds has worked well for LWLG. We are in very good hands.


GATES.