A merger with another company is simply not possible at this point. LWLG does not have cash so it has to pay with stocks. What is the right stock price is anybody's guess, $5, $3, $2, $1, $0.6? The business has to advance to a point that at least reliable revenue projection is available for anyone to accept LWLG stock for merger.
Tom has not yet announced CC date so he must still be waiting for something else. I am going to guess that it is LSS related. LSS is unlikely to sign a contract and bet on LWLG w/o some assurance that LWLG is fully funded for production and revenue. So if we sign with LSS, I expect a cash infusion from LSS and a stake in LWLG. At that point, the stock price will likely be anchored by the amount of cash and stake size.
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