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Technology Stocks : Lightwave Logic, Inc.
LWLG 4.845+0.9%Nov 14 9:30 AM EST
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To: Zoro99 who wrote (887)12/24/2008 4:38:47 PM
From: rrufff  Read Replies (1) of 1811
 
re LWLG form 4s - Does this mean these are now warrants to purchase at .25 a share?

That's how I'm reading this footnote and that could explain the negative price action.

Pursuant to a $600,000 private offering whereby for each $1.00 an eligible warrant holder invests in the registrant pursuant to the exercise of their existing warrant, the eligible warrant holder will receive four (4) shares of registrant common stock instead of the number of shares stated in the eligible warrant holder's existing warrant agreement.
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