Think about these FACTS on 2018 Funding >> 1)
Post# of 871
1) LWLG raised funding for its 2017 operations successfully in 2016 using the LPC financing agreement
2) PPS currently is STILL more than DOUBLE what it was on average in 2016
2) LWLG 2018 operating budget is NOT substantially higher than it was for 2017
3) Therefore, even if the 2018 operating funds were raised exclusively using the LPC agreement, LWLG would only have to issue approx HALF the number of shares that it had to issue to LPC in 2016 to fund 2017 operations
4) But WAIT, now here in 2017 with the PPS still more than DOUBLE what is was on average in 2016, the exercise of Options & Warrants is removing the need to use the LPC financing agreement exclusively. In fact, in the 1st quarter 10-Q, it was disclosed that LWLG had ALREADY raised over $500k from Warrant exercises
Following is Summary Information on Options & Warrants >>
As of 3/31/2017 the Non-Qualified Stock Options and Warrants Outstanding were as follows:
Number Outstanding = 18 million
Weighted Avg Life = 4.44 years
Range Exercise Prices = 0.57 - 1.69
Weighted Average Exercise Price = 0.90
So considering the weighted average exercise price of all remaining options/warrants was at 0.90, and the PPS has remained above this level the entire time since 3/31/2017, the question becomes how much operating funds have been raised in this window of time, and also, how much selling pressure on the PPS has it also potentially created
The 10-Q for the period ended 6/30/2017 will be released mid-Aug and will give investors a better idea of the effects
It is very possible that between the exercise of Warrants & Options, and the use of the LPC Financing Agreement since the S-1 and Notice of Effectiveness in mid-June 2017, that all operating funds for 2018 have already been raised