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Curious if you think NNVC is where they should be after 13 years and $80M?
BINGO!
That is the only thing that matters and they can't do it.
AND THEY'VE KNOWN THIS FOR YEARS!
No, but i think they should have been well in phase III with flucide, but THE MANUFACTURING has been the hurdle and they have to keep swiping focus to keep anyone from looking at this.
I disagree. $80M may seem low for drug development, but not to get to "this stage" which is no lead candidates, no ability to manufacture at a commercial or even testable scale, no CREDIBLE published results, and no product, yes, NO PRODUCT. That's where they are, and $80M gone, with +30% of that going to Diwan and management and family.
Looking back, that will all seem so clear and obvious, and yet, it eludes many.
It's not Seymour's decision. He can't do anything about it but TRY to convince Diwan, which will require $, that's all he cares about.
I think it will happen as well since Diwan will squeeze more $ out of NNVC for these rights, which incidentally will be of zero value to share holders. THEY CAN NOT MAKE MATERIAL AT REPLICATABLE OR MARKETABLE SCALE. That is why this can NEVER bring a product to market. They know it, some here have been screaming it, and yet, they announce that they are switching to occular because tests can be done with 200g, but that ignores this issue. They have not, and can not, make anything more than 200g and they can't duplicate even that amount.
You can not submit your inda without the ability to make the exact, identical material that you performed the tests with.
Ask Seymour.
Yes, I fully understand that, but the INDA will be submitted for only one indication.
Duh.
So what's it gonna be? My guess is occular and the rational will be "requires less material" which supports what I've been SCREAMING for years: they can not make a verifiably duplicative batch of any 'cide at any size. Not 200g, not 500g...
The other thing this will indicate is that shingles market has all but evaporated for nnvc with the recent announce about the vaccine. And save all the "no everybody will get a vaccine". We're talking about the baby boomers coming of shingles age. When their doctor says "shingles is a bitch, and this vaccine is 95% effective" they'll be rolling up their sleeves and standing in line.
BTE, they haven't even scaled up to 500g for a single batch yet.
Ask seymour.
Wait? They're still in the shingles game? What about the results for ocular that little miss moffatt will be presenting?
Bwahahahahahaha!
This was a necessary PR to give them cover when the BK comes.
And do not be fooled it's coming.
Sad, but this was the intent at inception of this scheme.
You are wrong on both accounts. Behavior is always measured as it relates to a situation or reaction to a stimulus. And the person's natural response to the stimulus is their character. Isn't all behavior a function of reaction to something happening?
You can cover for Seymour all you want and claim that this scheme was hatched for purely altruistic reasons, but that is ignoring history, past behavior and the fact that they knew they had no clue how to make or sell this treatment. Why do you think they've changed "priorities" so much over the past 12 years? It was almost directly tied to whatever viral "flavor of the month" was in the news.
That's how you keep the $$$ coming in and new suckers coming in the front door for 12 years with virtually no results of any materiality for 12 years.
This was Seymour's second trip to the rodeo, he helped show Diwan how to operate this scheme.
He wasn't lying. He wasn't asked WHAT path they were on.
Bwahahahahahaha!
I have no more sympathy nor empathy for those who hav not been willing to listen to the FACTS as they have been presented. The warning signs were blazing and the pleas to "save yourself before it's too late" were loud and voluminous.
I think I hear Seymour's fiddle and Anil is serving cake.
Another shift in the "laser like" focus on shingles and there is joy in mudville.
Remarkable how these guys keep playing the same shell game and there is no attention paid or concern.
Oh well.
Most of the kin were duped.
I wonder what the grandchildren will say when they google grandpa gene?
For someone claiming to know seymour, I find it amazing that you believe these hollow requests would be given one second of serious consideration by him.
BINGO!
The scheme was hatched with that as its only purpose.
Um, is someone who buys and sells those shares on the same day a long?
Is a company the same as an individual trader?
You really thing someone realizing a 16% gain by smart trading is the same as a company "recovering" from a 20+% drop to ONLY a 16% drop?
Sheesh
it matters now because this is Diwan's way of getting everything for himself when the BK hits. Been saying that for years.
Making a general statement like that is too easy and simple to be called an accurate prediction.
Like me saying there will be no Tox in '17. I'm not including that in my accuracy record (though it has been 100% correct for the past 5 years).
Why do you care what his/her sources are when the predictions have never come to pass? Look at the accuracy of what's posted and gauge the reliability by that.
I stand by my record. I would argue it is by far the most accurate and specific of any poster and certainly more accurate than the company. And yet there are those here who would rather scrutinize my motives or my character vs. how spot on I have been.
Another dead year.
What Seymour will say is that there is a large portion of the population that won't take a vaccine. What he fails to recognize is the inverse relationship between acceptance of vaccines and age. Baby boomers are much more accepting and comfortable with vaccines than previous generations (or than the current crazies who claim they cause autism. Which has been thoroughly debunked).
As baby boomers become of age where Shingles may be a concern,even though they feel invincible and "don't need any treatment," once they see the pain one of their friends goes through with shingles, they will gladly line up for Shingrix.
The other thing he'll say is that shingles is just the start, they are developing treatments for the entire group of "herpes" viruses. But i still can't figure out how you can get to a multitude of treatments, when you can't even get the first one STARTED?
No Tox in '17.
No clinicals started in '17.
I don't know how anyone can keep harping that these guys have spent $80M and not made any progress in 12 years, while collecting 10's of millions of dollars between themselves and family, and also claim they are not clever and it's just dumb luck. Especially when it was the second time for Seymour.
A dotard like a fox!
If you want to bring a drug to market, he is completely unqualified and incompetent. If you want to get rich as an officer/manager of the company, he is brilliant.
These guys are good, just not at the things investors need them to be good at.
Please remember that all positive statements about NNVC are considered factual while anything negative must be pure conjecture, with no basis in fact and designed specifically to harm the company and benefit the short cabal.
Seaside 88 is a good example.
I would assume they would announce they've selected a lead candidate for Shingles, which will allow them to start the 12-18 month process of getting it through Tox.
I was wrong about the next release being that they'd selected a lead candidate. I forgot about this event, and then realized, of course they'll be announcing his presenting.
I wonder if Seaside 88 is still available for funding?
Isn't that what he did at his previous company.
BFD, I've predicted, with 100% accuracy, YEARS in advance:
No Tox completed in '13, '14, '15, '16, '17, '18, '19, '20....
No clinicals started in '13, '14, '15, '16, '17, '18, '19, '20....
And around this time each year, I ask, "I wonder what the bulls will do when there is no Tox completed this year...again?" And then I realize, they will do nothing.
They are trapped in their broken fantasies of trips to Hawaii to celebrate, of telling their grandchildren that they got rich while also helping millions of suffering people, of turning straw into gold.
If it weren't so sad and tragic, it would be just plain pathetic.
Does anyone honestly believe Diwan and Seymour are actually working on bringing a product to market?
Come on!
I missed that. Thank you.
FYI, Seymour thinks otherwise re: Diwan's Theracour salary.
Why do you think his salary and expenses are not considered "direct or indirect" development cost for NNVC?
You do?
To whom is Diwan currently accountable? I suggest you review the current Corp structure and pay particular attention to the preferred weighted voting shares.
Can you also enlighten us to how much of Diwan's Theracour salary and expenses are reimbursable (with 30% mark up) by NNVC? Not his NNVC salary.
Who is keeping the books for NNVC and Theracour?
I think you replied to the wrong post.
Nothing you say is relevant to what I posted.
And your last sentence should be "...because someday THEY THINK the technology will work."
Alas, they are wrong.
If you think he has to answer to anyone now, you do not understand the roles and structure of NNVC.
"All direct and indirect expenses with a 30% mark-up".
He can already launder as much as he wants...and he is!
You are wrong.