NanoViricides Inc. (NNVC)

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Anyone who thinks NNVC was set up just to enrich top officials
does not understand the psychology of wealthy people.

When a person gets to a certain level of wealth it's ceases being about the money. Another million does not matter. You already have all the toys and creature comforts you can think of. If this boggles your mind read a bit about the Maslow Hierarchy of Values.

Gene Seymour has been involved with the fight against infectious disease for decades. Diwan thought he had come up with an invention to change the face of viral infection treatment. Both men were inspired by - motivated by higher goals than money. I am not saying money was not an issue at all. I am saying that thinking it was the only issue is wrong headed.

Now both men face the reality that their grand idea to earn a place in the history of medicine and science is fading away. That's a hard dream to let go. As a result they see signs of progress even where there is none and are in denial about signs of failure.

As investors we must guard against the same kind of distorted thinking. It does no good to get angry. All you can to is decide if from today forward it's worth remaining a holder of the stock. If not sell and move on. Let it go. And if you have trouble doing that go back and re-read Moby Dick. You may see Ahab in yourself. If you do let go of the white whale before it's too late.

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