Replies to post #227542 on Lightwave Logic Inc (LWLG)

[pochemunyet]

Thanks for the explanation. Plausible.

Fingers crossed.

[JohnnyLightwave]

Spot on analysis! A letter went out this morning to us shareholders stating the facts of this matter. Our CEO confirmed the need to put additional funds in the bank to support the accelerating time line for commercialization/manufacturing of our product. You can’t expect to ride a tsunami without a pull back.

RTW!

JLW

[Abig]

The offering is expected to be closed ~ Dec 17.

It looks like they are being offered on the 17th. I very much could be misinterpreting it.

form 425b 5
https://investorshub.advfn.com/p.php?pid=nmona&article=97455208

[Flip it]

question....lebby was spending too much money building devices for different companies, so lwlg got rid of him,
to focus solely on selling just the goo without the expensive need to build for each co's need,
just sell the goo & other companies Foot the bill to build their own devices.
That's why they got new CEO??? Correct??!!

So why the need for more money?

[TommyBoy100]

I agree. No conspiracy. While the underwriter purchased the shares from the company, the underwriter can then sell shares to public investors at the offering price, or sell to dealers at a concession. By trading ~11 million shares today, that moved a lot of shares.

The underwriter proposes to offer the shares of common stock purchased pursuant to the underwriting agreement to the public at the public offering price set forth on the cover page of this prospectus supplement and to certain dealers at that price less a concession not in excess of $0.0675 per share.

[F2]

I agree with that except the offering price. Just a huge discount to play ball. (While I am not happy about the price I didn’t sell a share and won’t) … but what I don’t get is how is traded basically 10 mill shares and didn’t move??? I imagine shorts covered a lot today. Why not, a huge discount and chance to close positions. Hope I am wrong…

But seriously, who sells that many and who buys that many at the same price. Double
Weird.

Well, let’s see the “Titan effect” and how about another partnership while we are at it. Yves owes us after today. (It could have been offered any day when we were at 4.25, 4.50 or 5 even… just hate, hate, hate such blatant manipulation. 3 was the best we could do? Ok dead horse done beating…

Best to the longs,

F2