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bar1080

04/11/19 10:27 AM

#44750 RE: x993231 #44745

You should read what LWLG says about liabilities:

"During the year ended December 31, 2018, net cash used in operating activities was $4,400,965 and net cash used in investing activities was $1,432,363, which was due primarily to the Company’s research and development activities and general and administrative expenditures. Net cash provided by financing activities for the year ended December 31, 2018 was $4,525,626. At December 31, 2018, our cash and cash equivalents totaled $2,174,625, our assets totaled $5,251,264, our liabilities totaled $344,202, and we had stockholders’ equity of $4,907,062."

https://www.sec.gov/Archives/edgar/data/1325964/000155335019000222/lwlg_10k.htm

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236T568

04/11/19 10:31 AM

#44753 RE: x993231 #44745

huh?

a quick look at the LWLG financials filed with the SEC shows that they don't pay cash for everything

so why lie about this?



They paid cash for everything they even make me buy lunch they're pretty tight