Replies to post #81544 on Lightwave Logic Inc (LWLG)

[Koog]

Sorry, but this is toxic. Lincoln is allowed to continue purchasing shares of LWLG out in time at a price tied to market price at the time of purchase.

These loans are "death spiral loans" that are structured by investors to profit by driving down a company's stock through short sales.

A favorite vehicle used by OTC pink sheet "investors".

[redspinelpinktopaz]

You are right on the button. It would have to be a convert, not just common to be "toxic"

[prototype_101]

Airdale, I agree, there is nothing toxic about this financing, and at current PPS levels the dilution will be minimal, and there really aren't enough shares being issued for any effective manipulation games to be played, honestly, it is that simple

Maximum shares to be issued would be 3-4 million over considerable time