Replies to post #60208 on Lightwave Logic Inc (LWLG)

[microchips]

You are missing LPC business strategy which is not a buy and hold. They make money by immediately selling shares to the market that they have purchased directly from Lightwave Logic. This is why the share count keeps increasing. It's better than debt, but reduces the value of our shares. That's why those of us who have bought shares for more than a decade have times where we it's difficult to accept the amount of time this start-up has taken to get off the ground.

Regardless, LWLG is almost done with them.

[GhostsOfLumera]

That is completely false and not how LPC operates, as microchips mentioned.

Straight from the S3:

As (of) November 11, 2020, 14,560,558 shares of Common Stock have been issued to Lincoln Park under the Purchase Agreement for gross proceeds of $9,555,425, which includes 13,900,000 purchase shares and 660,558 commitment shares (including 350,000 initial commitment shares issued upon execution of the Purchase Agreement), and 14,420,722 of such shares have been resold by Lincoln Park under the Prior Registration Statement.

Do the math and your DD.