Thursday, May 05, 2016 4:21:58 PM
My information is that 3 large Pharma's have reviewed the NNVC situation. two liked the technology 1 did not. I do not know the reason why the 3rd was cool on the technology. All three did not like the capital structure (2 classes of stock). The two that were interested, were interested in striking a deal with TheraCor not NNVC.
Because Diwan and Seymour have control with their ownership of the "better class of NNVC stock", in theory they could do a deal such that TheraCor is the prime beneficiary, and holders of the "lesser class" of NNVC stock would get something out of the deal but not the big prize.
If you are dubious, read the 10-K for yourself and you will see what I mean about the unfair capital structure. Of course if the "inner-guard" pulls this stunt there will be a law suit but who wants to wait for that to settle out.
At 50 cents, a big-pharma deal or a hit on Herpicide will get the common stock to 10 bucks and that's a 20 bagger from 50 cents. It's worth a shot at that level as I put it at a 1 in 10 that one of these two good outcomes will occur.
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Recent NNVC News
- 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
- Form 8-K - Current report • Edgar (US Regulatory) • 09/01/2023 08:46:45 PM
- Clinical Trial of Broad-Spectrum Antiviral Drug NV-CoV-2 is Progressing Well, Says NanoViricides - NV-CoV-2 is Positioned to Fulfill Many Unmet Medical Needs • InvestorsHub NewsWire • 07/06/2023 03:16:37 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
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Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM