NanoViricides Inc. (NNVC)

[ronin86]

I do remember. I am perplexed and mildly concerned about the terms of the deal. Specifically, can someone help me understand why this benefits the company. 10% per annum seems to a a rich premium for someone who professes great confidence in our company. I am concerned that this sends a mixed message. If this is the case, then this is a good example of how our company shoots itself in the foot. At the moment, we are still a "story stock" and we can't afford to have any stories that even suggest that our officers are not acting both wisely and properly. I also would like to know why our company, which has previously stated that it has a sufficient cash position, felt it was worthwhile to raise cash in this manner and under these terms. Lastly, how does our company assure new investors, along with current investors that our officers are recusing themselves from decisions to manage to appearance, as well as any actual self-dealing. I see no direct evidence of this and give our officers the benefit of the doubt, but the unfortunate reality is that appearance usually equals reality in the court of public opinion.

For what it's worth, I've been long since 2007 and continued to accumulate over time. I have great faith and enthusiasm for what the company seeks to do and very much want to see it succeed both for the good of humanity and our financial well-being. I would appreciate the insights of those wiser and more knowledgeable to help me understand and feel more comfortable. Thanks in advance!