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the so called 'seem to be effective' Tamiflu/Relenza work if it is taken soon enough and reduces the symptoms which gives the body an opportunity to recover. BO took his before he went on the Mexico trip which is the most effective way to combat the flu with this drug. But can one imagine if everyone wanted the drugs to take them ahead of any sickness or travel?...... Once the symptoms take hold, the effectiveness of the T/R options become less effective. If one waits a week or more, even LESS effectiveness.
yes, it 'appears' to be effective after it clearly wasn't effective - all on the same nbc outlet. of course, the govt. has a major stock pile of Tamiflu so now they can use it for something. hmmm, doesn't work, but does............ Doesn't work on bird flu but seem to be........... so confusing....
http://www.msnbc.msn.com/id/29427094/
http://www.msnbc.msn.com/id/30386163
I would assume that blank check means there is no assignment of ownership other than the corporation with nearly no value. It seems to be giving them a buffer zone of protection as they look toward their potential licensing agreements, etc. The numbers need to match-it protects them and those who own common shares. It would hopefully discourage the manipulation by mms and companies that might want to force a takeover or pressure negotiation with the help of bashers/mms. my guess.
Agree that this would seem to be preparing for stock swaps but they wouldn't be using preferred shares, imo. It would seem that this would be the shares needed to prevent a takeover, another company gaining enough common shares, 51%, for a hostile takeover. Any deal with a big pharma would be, should be with common shares. The company would have to do this prior to any big pharma deal as if this were attempted after the agreements, it would constitute a change of company structure and a violation of the terms. Smart move, it would seem and telegraphs that they feel they do have something valuable and others seem to think this too. my guess.
interpretations?
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=6259804
NANOVIRICIDES, INC.
131 Wood Street, Suite 205
West Haven, Connecticut 06516
(203) 937-6137
To Our Stockholders:
We are pleased to inform you that all of our directors and a majority of our shareholders have voted by written consent on March 18, 2009, to amend our Articles of Incorporation to authorize the creation of a class of blank check preferred stock.
Our directors and majority stockholders owning 58% of our outstanding common stock as of the record date of February 17, 2009, have approved this amendment after carefully considering it and concluding that approving the amendment was in the best interests of our corporation and our stockholders. The amendment will be effective ______ __, 2009, which is twenty 20 days after the date this Information Statement is first mailed to our stockholders.
This Information Statement is being provided to you for information purposes only. Your vote is not required to approve any of the actions set forth herein. This Information Statement does not relate to our annual meeting or special meeting in lieu of an annual meeting. You are not being asked to send a proxy and you are requested not to send one.
We are not asking you for a proxy and you are requested not to send us a proxy.
No action is required by you. Pursuant to Rule 14(c)-2 under the Securities Exchange Act of 1934, as amended, the proposals will not be adopted until a date at least twenty (20) days after the date this Information Statement has been mailed to our stockholders. This Information Statement is first mailed to you on or about ______ __, 2009.
Sincerely,
/s/ Eugene Seymour
Eugene Seymour
Chief Executive Officer
Nice to see the housing numbers up in February to go along with the consumer spending in February. Obviously, the economy was already turning at the beginning of the year - stats support it. Makes sense since recessions usually last 18 months and many believe we were already 12 months into it. All this could be good for companies like NNVC who has drug candidates that other companies are looking for to bring to market. Could be very exciting this year if the powers now in place don't put up impediments difficult to overcome.
Another great nugget for the conspiracy theory. I love it. Wouldn't want to have to do self-serve expresso when I go to Peet's Coffee, although I do know how to work the machine (best and most expensive machine - I want one since they now make a very expensive home version).
Very revealing. Reducing by billions? Great conspiracy theory. Do they fear the power of this science? How is one chosen to survive? Who has taken the role of savior(s) of the world?
some could be selling to cover their losses/margin elsewhere.
another source:
http://www.bloomberg.com/apps/quote?ticker=nnvc
funny how this person was 'born' today and is trashing like this........
Have a watch list of 34 individual stocks which includes NNVC. only one is green.
This is the first step for this company toward becoming known, toward being leading edge, main stream technology. Very exciting.
Obama's plan for drug companies:
http://www.reuters.com/article/politicsNews/idUSTRE51P6GI20090226?virtualBrandChannel=10112
might give us an idea of short numbers:
http://www.bloomberg.com/apps/quote?ticker=nnvc
hopefully, it doesn't advance to a shiver up your leg.......
because the big pharmas are all looking at the spenders and asking themselves during THEIR slow time now - what are these guys going to do to us? Universal Health Care...... piece by piece, major govt. piece in this last Porkulus bill. these guys are watching their behinds AND especially their wallets. (as we all should be too - nothing is free and it isn't going to be paid by just our children - it starts with us first.)
this is a typical insert into a Q. MSFT used to have them in their Q's, probably still do.
wow, just got home, amazing volume. i think you're right on the mms activity - boxing, churning, covering. will be interesting to see what the short interest is next report.
Hopefully, the balloons are coming soon.
OT: China population time clock.
http://www.chinability.com/China%20population%20clock.htm
just what we need, more radiation in our bodies..........
body only handles so much radiation before it begins to 'object'.
Definitely not Monday - President's Day - market closed.
Truer words were never spoken.
Looks like this board needs a chill pill. Wonder if that's what Theracour and NNVC are ramping up production capacity for..............
It would seem that Theracour would be ramping up their facilities to improve their income from potential future drug sales. It's how they make money.
Like making cars - when demand goes up, production goes up, sales go up, income goes up. Everyone wins. If Theracour can't produce enough to meet demand, they lose business to someone else. If it were me, I would want to work with someone I know and trust.
No big pharma deal? It appears to be in the final stages. Third party testing, keeping it neutral, both sides will be there. If it's successful, then negotiate final terms. The reason for the additional production from a partner - why would they do it? Because they will need it if things go according to plans. The grant application means another candidate is drawing attention which could lead to need for greater production than currently available. Who better to work with than the partners that make the juice.
This doesn't look negative to me at all, it looks like things are breaking their way and they are improving the ability to handle the demand for product. An investor would not be improving their facilities for no reason at all. IMO.
so what is your exit strategy?
any news that gets you even?
what if the news reinforces your original decision to purchase the shares?
will you continue your current activity here if you get even?
definitely light trading today
Anti-business, claim to be pro-jobs. Irony is alive and well as always and even more revived with the 'change' administration.
wonder if it's a short covering their position. NITE sure doesn't want to give ground. Since NITE appears to be trading with itself then..... the purchase price is odd too.
MLK day on Monday, Inauguration on Tuesday. Plus all of the programs praising the 'One' all week. Hope the whole market survives............... especially while reporting quarterly numbers that won't look good.
Careful.......
Happy New Year to all!!!!
Let's hope '09 brings us all success,
especially NNVC and the doctors.
No. Heard a stimulus idea being proposed for the market.
A capital gains vacation for '09, long term investments in the market. That would send massive investment money back into our markets, help corporations fund their companies and create the biggest short covering in the history of the market. Now that's a great idea.
Buried....... Snowed under...........
at 200 pps, you would make 1.5m? so you have 7500 shares. pretty wimpy 'investment' considering the noise you make.
Thought that was you.........
Just four trading days left for your year-end loss sale. Check your taxes, take the loss. Or do you have plenty of losses all around........................
I can never figure out why those who feel they were chumps to buy a certain stock hang around whining about it. Do they want as many people as possible to know they were/are a chump?....... One would assume, why broadcast ones' mistakes, if that's they way they feel about themselves.
yes, but we ended up back in the same place. we need 500k - 1m volume to make a huge difference. IMO.