Replies to post #87679 on Lightwave Logic Inc (LWLG)

[XenaLives]

$100 million /$17 = 5,882,352 shares.

We have had seven blocks >600,000 shares
One block >800,000 shares...
...and on the 17th >5.2 million shares at close.

Round numbers that is well over 10 million shares.


Again... highly fishy.

[Rkf302]

I am sure you are correct. Khaled. I am still assuming the shelf has not been involved in these trades. I also assume that Lincoln is not involved. I also assume that original amount of Lincoln shares were flipped into the street within days of them buying them.

[Fruno]

Per the "prospectus supplement" issued on October 5, the shares are part of shelf:

This prospectus supplement is part of a registration statement that we filed with the Securities and Exchange Commission (the “SEC”), using a “shelf” registration process. Under the shelf registration process, we may from time to time offer and sell any combination of the securities described in the accompanying prospectus up to a total dollar amount of $100,000,000 of which this offering is a part.

This is a supplement to the S-3 the registered the shelf.