NanoViricides Inc. (NNVC)

[arvitar]

What absurdly misguided bullshit.

Seymour and Diwan have D&O insurance, as well as tens of millions of dollars of shareholder money, to use to fight any lawsuit brought against them and the company. Nothing out of pocket to them.

Any NNVC investor who got scammed out of, say $10K or $20K, or even a few hundred $K by those two crooks, would be having to risk more of their out of pocket money on a lawsuit than they've already lost.

That is how NNVC, along with thousands of other penny stock scams, squeak by on their lies for so long.

There will eventually be the inevitable tsunami of class action suits, but they won't actually benefit any shareholders, nor have any real effect on the millions in personal wealth accumulated by Seymour and Diwan.