Replies to post #8224 on Lightwave Logic Inc (LWLG)

[x993231]

I’d say that JM’s expertise is in the area of controlling costs, IMO he is good at that. From 1991 to 2000 it Looked like he did a lot for NTI but I’m not sure how many folks are familiar with that so I didn't mention it, here was his employment contract for 1998, 1999, 2000. He takes credit for returning them to profitability in 5 months and increased the customer base 10 fold. Many here do not like him. One on one he is fine, over the years I’ve meet with him a handful of times.

http://www.techagreements.com/agreement-preview.aspx?title=Details%20Capital%20-%20Marcelli%20Employment%20Agreement%20Dated%2012/19/97&num=138676


Oh for those that want to look he increased EBITDA to greater than 20%.

"The Bonus shall be calculated according to the table set forth in Exhibit A"

X

[bob1121]

I said this before, if Jim did not take over this company when he did we would not be here posting. The company that was controlling LWLG was running it in to the ground for their own gain. Jim brought the right investers in, to help this company get to where we are now.


STILL LONG STRONG BUY


PS I've been with this company since it was private.