NanoViricides Inc. (NNVC)

[drkazmd65]

On a quick read-through - appears to be a fairly standard "Shelf" registraion. No dilution 'Yet'. And the damage (if any) that could come out of it is going to be highly dependent on when and how that 'Shelf' is released.

As forms of potential dilution go - it's a fairly limited one. No more than $50 MM total to be sold out.

Also - they make a point of stating both the the current authorized common share number is, and what the current number of issued common shares is. They make no statement (as yet anyway) about planning to raise their overall authorized share numbers.

So - this implies that at least as far as absolute numbers of shares that could be sold there is an upper limit that cannot be 'moved' without us having to be told about it.

It's better to have this sitting out there where we can see it ahead of us than to wonder about it.

With luck - they won't need to touch it, or dig deeply into it, until long after we see whether Ebolacide2 is going to be effective, or whether Flucide is going to fly through TOX testing.

Am still reading through it,...