Friday, April 29, 2016 10:41:22 AM
While I (obviously) am wagering that Option 2 is the far more likely outcome - some variation of Option 1 remains a (low IMO) probability.
I'm honest enough to admit that possibility - although - as I stated - I don't view it as the likely outcome.
Most of the things that could have gone horribly wrong that could have completely derailed NNVC/TheraCour to make the company go belly up have been eliminated as significant factors.
With the new (and paid for) GLP/GMP-ready plant at Shelton - with sufficient power, water, space and with the needed "clean" lab space and trained staff,.... making the materials needed to do TOX and Clinical testing is no longer a "Can they ever do it" question and is now a "When will they get it done" question. Scale-up to 500 g from 200 g with about 6-7 months' working on the problem consistently tells us that the next step up is a question of time,.... and concentration on the problem.
With considerably more than $26 MM in the bank and a burn rate of a couple of million dollars a quarter - the company is not in imminent danger of going bankrupt - or of needing to raise more money via dilutive stock or security sales.
With the topical/optical HerpeCide option - and the lower needs for huge quantities of compound to complete TOX testing - the critical short-term need (though it remains a long-term need) to achieve >Kg scales of synthesis is mitigated. Shortening the path to get a compound into clinical testing (and the long-delayed FluCide TOX completion) is also a factor that lowers risk for potential investors.
There are (obviously) many other positive factors that I know I see here for NNVC,... and the fact that many others disagree is irrelevant except for the fact that temporarily lower share prices give me the opportunity (should I be so inclined) to add to my stash of shares at what I consider a good long-term pricetag.
The reality of what we shall see here for NNVC (IMO of course) is closer to Option 2. I personally don't think (but hope to be wrong) that we'll see an 'explosion!' in share prices for NNVC to 'hundreds of dollars' per share until or unless FluCide is a success, and until the company's production capacity (via expansion into a new plant or some licensed big-Pharma taking the ball & running with it) starts generating big-time revenue.
A successful HerpeCide will bring in revenue (of course) - but I'm thinking that the result will be in the tens of dollars/share from just that success,.... not the hundreds.
“The two most powerful warriors are patience and time.”
- Leo Nikolaevich Tolstoy
Recent NNVC News
- Form 8-K - Current report • Edgar (US Regulatory) • 08/09/2024 08:30:39 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 08/09/2024 08:05:25 PM
- NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • InvestorsHub NewsWire • 05/02/2024 02:07:42 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/16/2024 09:53:32 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/14/2024 09:55:35 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/19/2024 09:44:48 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 12/04/2023 09:08:49 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 10/13/2023 08:30:41 PM
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 09/28/2023 08:44:54 PM
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