NanoViricides Inc. (NNVC)

[arvitar]

Importantly, the 10K says that NNVC only has enough cash to support "current operations" for 20 months. Doing all of the additional work, for IND-approval through Phase-2A, would cost them about $15M on top of that, just in CRO fees.

And it would take NNVC approximately 2 years from where they are today to complete Phase-2A, assuming no problems, and a viable candidate already identified.

It would be an outright lie for Seymour to now claim that NNVC had the funds to accomplish anything more meaningful than closing some type of death-spiral financing before they run out of cash.