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tedpeele

10/05/23 6:07 PM

#161776 RE: tedpeele #161774

Where is the independent research on Lightwave Logic?

Dr Lebby said in the recent ASM:

We will get research analyst coverage. I just can't tell you exactly when. But what I can say is that there's at least a half dozen people watching us really closely that I'm personally interacting with.


None of these analysts have reported any research. They don't just do this when the company is ready. The argument has been made that no analysts will report until the company provides revenue guidance. My understanding is that analysts are free to compute their own revenue estimates in order to provide speculative opinions on a company and their stock. They do it when they think they've seen enough to warrant an opinion. They do it after the company they work for has bought shares or sold them short based on their findings. The fact that there aren't any means at the least that no analyst has found the company to be a compelling offer at the price the stock has been at - ever.

When Roth Advisors was hired earlier in 2023 investors were excited because they believed they would be coming out with full professional research report on the company, but to date there hasn't been one.

There is an exception in that a year ago a company called Kerrisdale put out a 22 page report on the company which was very negative. It was especially fascinating at the time because to my knowledge this was the first in-depth report on Lightwave Logic in the entire history of the company.

The board here riled against it and the company dismissed it without attempting to discuss any of its claims. They do short companies typically but not always: They do offer "buy" recommendations. For those interested, the report can be found here: https://www.kerrisdalecap.com/wp-content/uploads/2022/06/Lightwave-Logic-Inc.-LWLG.pdf

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