For context LWLG had 0.51% insider ownership, half of POET, and somehow they got to where they are in terms of share price. Breeze I understand your frustration that management doesn't own more of this company but at the same time it's very easy to find counter examples where insider owns little and stocks still go up. If the company is good, is progressing in the right direction albeit with delays affecting the entire industry, then the stock will go up. Let's see what happens after the warrant overhang ends.
Also, this time last year the stock is trading at 0.40, despite all the buzz around Sanan giving us a factory in China for free.