Replies to post #81545 on Lightwave Logic Inc (LWLG)

[WhiteSahara]

There is this reference in the agreement designed to mitigate short sales:

"Lincoln Park represented to us that at no time prior to the date of the Purchase Agreement has Lincoln Park or its agents, representatives or affiliates engaged in or effected, in any manner whatsoever, directly or indirectly, any short sale (as such term is defined in Rule 200 of Regulation SHO of the Exchange Act) of our common stock or any hedging transaction. Lincoln Park agreed that during the term of the Purchase Agreement, it, its agents, representatives or affiliates will not enter into or effect, directly or indirectly, any of the foregoing transactions."

[mattymatt66]

Koog- a loan is a promise to repay principal at a future time with accrued interest. This is the selling of equity. Please tell me how this sale of equity is a “loan”?

[x993231]

Well they only get them when LWLG says they will take the money. The investors here worked soooo hard to take the drug away. I'm not happy but if they never need to tap it,,,,, I hope it is just a credit line they will not need to tap it, like that line of credit that you never touch.

I'm not pleased but JM is good at working it but still.... come on man. Hopefully they just renewed it for 1 million bucks up front? and don't use it, or they are going to play the shorts.

Working at Intel when flip phones were just coming out though does not make you qualified on financing, and 20 years later not much else in this space.

X booooo

Just being honest.

[Rkf302]

Sorry that is absolutely wrong.

[WhiteSahara]

Lol, Lightwave Logic has really paid the price for using Lincoln Park Capital for over 10 years. It's created their MASSIVE Outstanding Share structure and an ever decreasing share price.

Oh wait, the share price was around $1.24 in May of 2011, almost a 7 bagger and the OS structure is 108 million shares, one of the tightest OS counts on the NASDAQ. Just finishing PDK's and design ins with other firms prepping for mass commercialization

https://www.otcmarkets.com/stock/LWLG/security

Why don't you share with the board exactly how funding with LPC has hurt LWLG. I don't want to hear how they've vultured microcap ticker WXYZ to death or any other Pinksheet company just how they've hurt LWLG.

May 13, 2011- 20 Million dollars of funding from LPC
https://www.lightwaveonline.com/business/article/16661451/lightwave-logic-inc-secures-20-million-in-funding-from-lincoln-park-capital-fund-llc

June 10, 2013 https://www.prnewswire.com/news-releases/lightwave-logic-and-lincoln-park-capital-enter-into-second-20-million-agreement-210872311.html