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frobinso

11/23/21 5:28 PM

#84749 RE: redspinelpinktopaz #84746

I really was not the one that mentioned any knowledge about this transaction, sale, or warrants exercise. I still do not. But given the rise of the LWLG stock, surely exercising warrants if that was the case allowed the warrants holder an opportunity for cheap shares.

If the holder of the warrants did not have the strike price of the warrants the warrant holder could immediately sell enough shares at an enormous profit to cover the cost of exercising the warrants would be my guess. And whatever shares sold to cover the exercise price would be taxable.

I am completely happy if news comes between now and May. Dr Lebby mentioned a near-term corporate update during his very recent corporate update. So I feel that news of some sort will come around soon enough.

It may be a deal with a recent company that set a new bandwidth speed record. It may be a foundry deal. It may be regarding some patent grants that will be disruptive to the industry. It's all good, and the fun will begin soon. I personally am using this time period to accumulate more stock.
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RebelDog

11/23/21 5:34 PM

#84750 RE: redspinelpinktopaz #84746

You already stated what taxes. Ordinary income tax (~40% or more) on the difference between $650,000 and the $3,430,447.93. That is a lot of tax. Do the math.