NanoViricides Inc. (NNVC)

[changes_iv]

You must have read my posts if you are asking me that. I repeatedly said they had started based on my interpretation of a PR from January 2014. I was wrong in my interpretation however, Dr. Seymour recently said the following:

There are those who complain that the tox studies are delayed. I don’t believe that it is the case at all. Had our drug system not produced such amazing initial tox results, we would be well into the BASi studies at this time. The FDA mandates that we find the toxic dose. To do that requires an inordinate amount of material. When the amount of material needed is produced, the studies will start. I feel that it will be quite soon but I cannot, in good conscience, give a hard date.

What is the ultimate goal of the company this year?, to file the sponsor applications for human clinical trials internationally, and also an Investigational New Drug application (IND) in the USA.

The full tox study is a key requirement to file applications and if the "good doctor" says we are not delayed that means we file by the end of this year 2014 and we wait for the next, 2015 for the Australia Clinical Trials. We are still waiting for the good news on tox.

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Today, it is possible once again to bring about a dramatic fall in the price of oil, indeed, one even larger than occurred in the 1980s. And it could begin right away. All that is necessary is to abolish the U.S. government's restrictions on domestic energy production inspired by the environmentalist movement.
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Abolishing our restrictions on coal and natural gas production and on atomic power would further compound OPEC's problems. This is because any expansion in the supply of these competing sources of energy and fall in their price serves to reduce the quantity of oil demanded at any given price of oil. The result is that in the face of a fall in the demand for oil, any given production of oil can be sold only at a lower price than would otherwise be possible. In other words, the price of oil would fall not only because of an increase in its supply but also because of the decrease in the demand for oil resulting from the increase in the supply of coal, natural gas, and atomic power. There would be a larger supply of energy in general and a fall in the price of energy in general. ~
George Reisman, Ph.D., is professor of Economics at Pepperdine University's Graziadio School of Business and Management and is the author of Capitalism: A Treatise on Economics (Ottawa, Illinois: Jameson Books, 1996).