NanoViricides Inc. (NNVC)

[loanranger]

From the PR:
"Pursuant to the terms of the Debentures, the Company was required to issue a certain quarterly interest on the Debentures in the form of shares of its common stock and to register those shares (the "Interest Shares")."

From the February 2013 Form 8-K Item 1.01 Entry into a Material Definitive Agreement reporting the Debenture terms (the actual agreement was never filed):
"For so long as the Debentures remain unpaid, the Registrant shall issue additional interest to the subscribers as follows: (i) at the Closing of the Debenture (the “Closing”), a number of shares of restricted Common Stock equal to the principal amount of the Debenture multiplied by 0.33; (ii) on the first anniversary of the Closing, a number of shares of Common Stock equal to the principal amount of the Debenture multiplied by 0.33; (iii) on the second anniversary of the Closing, a number of shares of Common Stock equal to the principal amount of the Debenture multiplied by 0.34 (collectively, with subsection (ii), the “Interest Shares”); and (iv) on the third anniversary of the Closing, warrants (the “Interest Warrants”) to purchase a number of shares of Common Stock equal to the principal amount of the Debenture multiplied by 0.33, at the exercise price of $1.00 per share of Common Stock which warrant shall expire three years after the date of issuance."
http://www.sec.gov/Archives/edgar/data/1379006/000114420413005490/v333720_8k.htm

So there isn't any quarterly interest on the Debentures in the form of shares and we now have two examples in less than 48 hours, one of which was paid to be published, of corporate communications that were presumably intended to clarify a situation but instead proceeded to find ways to screw it up.

Nothing short of amazing.
It really wouldn't have taken much effort to get that 3 paragraph press release perfect.