NanoViricides Inc. (NNVC)

[KMBJN]

Wrong. The 2012 10-K says the same thing, "With these successful financing efforts, and our continued low rate of expenditure, the Company estimates that it now has cash in hand sufficient for more than eighteen months of further R&D and operating expenses."

"As a result of recent financing, the Company estimates that it has sufficient cash to support current operations through the next six quarters, i.e. through June , 2014."

2013 10-K says "... 24 months ..."

2016 10-K says "... 24 months ..."

Notice a pattern here? Developmental stage biotechs raise money continuously to fund their operations until they start selling drugs, get cash from a partnership, or lose the ability to raise new funds. NNVC follows the same pattern. These are the facts.

Anyone (insert your own description of one who does this kind of thing, this hypothetical person doesn't refer to any poster here) who would have claimed with certainty that NNVC would have gone bankrupt in June 2014 would obviously have been proven wrong.