NanoViricides Inc. (NNVC)

[drkazmd65]

Just to make a point about raising and trying to miss lead potential investors. What difference does it make as to who owns the plant?

Primarily - the implication is that IF Theracor/Dr. Diwan retain ownership of the plant then the plant is not an 'asset' for NNVC and is an asset for Dr. Diwan. This also makes rent/a lease a liability for NNVC if they do not own the plant.

There are pros and cons to owning the plant - some for tax purposes, others as to what the intrinsic book value of NNVC is (or could be). It is probably best in the medium term that NNVC owns the means of it's compounds' production - IMO. So that also is a benefit to NNVC owning it as opposed to Dr. Diawan.


Another of the innuendo's that has been tossed about is that the asking price for the plant IF NNVC buys it is that they will somehow 'overpay' Dr. Diawn and line his pockets more - at the expense of NNVC shareholders.

Since it appears from the 10Q and other filings that there is an auditor figuring out the cost before NNVC was to buy it back - this concern also appears to be trumped up and trivial. NNVC will not 'pay' more for the plant than it cost to build & refurbish as long as that auditor does its job.


So - ownership of the plant does have some significant consequences for NNVC. It's not some 'great conspiracy' or something though.