NanoViricides Inc. (NNVC)

[Rawnoc]

You would guess wrong.

In June 2005, the Company issued 1,000,000 options to purchase the Company’s Common Stock each to: Allan Marshall and Robert Weidenbaum, stockholders who were instrumental in the negotiation, execution, and consummation of the acquisition by the Company of Nanoviricide, Inc. The options were exercisable at a price of $.05 per share, expiring June 1, 2008. In May 2006, 1,800,000 options were converted into 1,800,000 shares of common stock resulting in proceeds to the Company of $90,000. The remaining 200,000 options were cancelled pursuant to an agreement between the parties

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