Not sure what you mean by "own up" to the fact that the new state-of-the-art multi-kilogram Pilot Plant is key to the success/commercialization of NanoViricides, Inc. therapeutic drugs.
I will glady agree that they need a facility to product their materials and the plan they announced years ago was that they preferred to build their own instead of hiring an existing facility due to the need to retrofit an existing facility and train a staff on processes that may be proprietary.
What they failed to disclose then was that even with a new facility, they had no way to produce the materials at levels necessary to complete Tox, let alone, for commercialization.
Now will you "own up" to the fact that MERS with PHE is not currently active (and likely never will be)? And that Ebola was a waste of time and materials (and may have been a big factor in the recent demise of the SP (making their fast development in field claims suspect)? And that they have yet to scale to 500g? And that Tox is currentl at a complete stand still? And that good old Dr. Harris has all but disappeared along with any movement on Dengue? And that saying they are now done with scale-up studies is a completely irrelevant and meaningless statement given that they can not currently produce at levels necessary to complete Tox and have stated that they have 25 new scientists and technicians working on trying to figure out scale up?
Shall I go on?
The lab was designed to be a means of wealth diversification for Diwan. He washed the shares and got cash all under the guise of "helping the company".
He will get the facility in the BK. Nice return on his investment. Fully reimbursed for expenses, plus getting the facility.
I keep telling you, these guys are good! (just not good at what investors need them to be good at)
