NanoViricides Inc. (NNVC)

[starfire]

Because, they (investors) know that the company wants to raise capital in a short time period, the terms and conditions are normally written up in favor of the investors which basically equates to toxic financing. This has been the history of PIPEs. The conversion of debt to Equity terms are where the pain comes in. Now there have been PIPEs which have been good, but normally speaking they have all been rotten i.e ends up with the investors (PIPE) shorting the company stock