NanoViricides Inc. (NNVC)

[Its_lose_not_loose]

From the 10k:

In particular:

• Our executive officers or directors or their affiliates may have an economic interest in, or other business relationship with, partner companies that invest in us.
• Our executive officers or directors or their affiliates have interests in entities that provide products or services to us.

In any of these cases:

• Our executive officers or directors may have a conflict between our current interests and their personal financial and other interests in another business venture.
• Our executive officers or directors may have conflicting fiduciary duties to us and the other entity.
• The terms of transactions with the other entity may not be subject to arm’s length negotiations and therefore may be on terms less favorable to us than those that could be procured through arm’s length negotiations.

I find it hard to believe that the Good Doctors Seymour and Diwan would have business relationships such as these described here.