Wednesday, July 26, 2017 12:21:10 PM
Beats me. NNVC will still be spending close to $1M/month, and they'd still not have enough cash in the bank to make it through 2018.
I'd assume NNVC shareholders, but who knows. I'd be more interested to know exactly "how much" is being paid, for work that Seymour is presumably relying on to make the most important decision in NNVC's history.
SUNY charges almost 60% indirect costs on sponsored research projects, meaning that for each dollar Seymour pays Moffat, only 40% gets applied towards the actual research project.
It would take a couple hundred $K just to support a very minor part time effort. Anything much less than $Million would represent an insignificant carrot to dangle in front of investors rather than a serious intent to screen candidates. NNVC donates that much every month to Diwan, so it would be interesting if they were being "frugal" with Moffat.
A casual stroll through the lunatic asylum shows that faith does not prove anything. Friedrich Nietzsche
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