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News Focus
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XenaLives

04/21/23 10:19 AM

#138934 RE: dude abides #138932

The problem is - shorted shares are sold over and over... not once.
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prototype_101

04/21/23 10:21 AM

#138935 RE: dude abides #138932

Dude said, OR they have a big purchase they need to fund

One point you did not note in your analysis is that LWLG had the 30 million Roth Agreement already in place, and then for some reason they felt it necessary to set up another LPC Agreement to "activate" the remaining 30 million of the 100 million Shelf

so YES, I believe there may well be bigger things in the works that will require greater/quicker funding coming in the NEAR-TERM, wouldn't you agree? I mean why else have TWO active Agreements currently?

see my post >>> PIC International >>> "are we there yet?" YES!!

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171740548
Bullish
Bullish
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Tleprathy

04/21/23 10:33 AM

#138939 RE: dude abides #138932

Why would the company be selling 2 million shares in Q1 if blockbuster, gamechanging, paradigm shifting news was expected in Q2 or Q3, especially when it already has cash available to continue for well into 2024?

The most logical reason seems to be: it's expected that deadlines will be missed, the share price will crater, and so let's secure as much working capital as we can in advance, without diluting too heavily.
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jeunke22

04/21/23 11:38 AM

#138947 RE: dude abides #138932

Answered you, but unfortunately replied to the wrong person.