NanoViricides Inc. (NNVC)

[mike41]

Maybe I did not state it unambiguously: for equal value delta decreases in stock value the percentage decrease in stock value is on an exponential decrease below $1. It's the properties of 1/X. Your example used numbers that held the percentage decrease constant. The amount of equity lost in your example was exponentially decreasing.

10 cent decreases from $1 is indeed 10% in decrease in stock value.

10 cent decrease from 50 cents is a 20% decrease in stock value.

10 cent decrease from 20 cents is a 100% decrease in stock value.

The curve goes to infinite percent loss as "X" goes to zero.

The point is, there is far more leverage over percentage increase or decrease in stock value with exponentially less capital as the stock price dips below $1. Exponentially more shares can be purchased in that 0 to $1 regime for the same amount of capital. That's one of the reasons it's such a hard barrier to crack.