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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: rrufff who wrote (910)1/14/2009 1:27:36 PM
From: rogerover1 Recommendation   of 1811
 
Look back a few weeks to the Form 4 filings for the adjusted-price warrant exercises. These new .25 "right to purchase" filings are all part of how LWLG came up with the needed operating cash, and were probably all committed to at the same time.

To bigpike's point:

"Option grants, stock awards, and below market warrants are good for employees of the company but detrimental to to existing shareholders due to dilution.
I would like to see options and stock awards priced at or above market prices--ie., provide incentive that meets everyone's financial interest."

This is not a time to worry about minor dilution -- we need to keep the company operating NOW. If no other financing sources are willing to step up, I'm glad to see insiders buying stock at .25 (assuming that they do all intend to put money in before 1/31, as the filings state).
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