Replies to post #49469 on Lightwave Logic Inc (LWLG)

[th6565]

Proto, you said it right: “The Private Placements with warrants are brutal, the grassroots base couldn’t absorb the financings—-“

As of 5/2/2018 there are 21,705,326 warrants waiting to cash in. On this Board we call them as a group Accredited Shareholders. When the PPS reaches higher, they would pay the cheap preset warrants price and creat additional 21.7 million shares to outstanding shares total.

Another angle to look at the subject, I think many many accredited shareholders felt indebted to Jim Marcelli. You can imagine yourself when time for voting what many would do?