NanoViricides Inc. (NNVC)

[Doctor_Hari_Seldon]

Still long on NNVC

While I wish share prices had not reached these levels, I also think these lower share prices and the overall market volatility, could actually help force company focus and milestone attainment.

In this environment it will be harder for them to raise new cash at a good deal like they have been able to do so far. The biggest disappointment I have had with NNVC’s development progress is the missing of stated timelines, often by their shifting of gears as a result of contemporary viral infection outbreaks or other distractors. Other distractors that were actually good test results on other viral types!

What is remarkable, regardless of the timeline, is what they have achieved with the total investment so far. NNVC is actually close to the best in the biotech industry at developing therapeutics with such good efficacy results at the lowest absolute cost of development overall. Yet, distractors have added up and blurred product development focus.

In an environment like we are entering for NNVC and the markets in general they may need to take what they have, still about 2 years funding on hand, make sure they have a stable path forward. This is the first time something I would have called a distractor once again, the anti-herpesvirus work, is now a plus. I had hoped they took this path earlier. It may prove to be a great financial stabilizer for the company. I suspect this could also be pushed a little by Dr. Boniuk on the BOD and potentially why he is such a big insider buyer.

Topical therapeutics are indeed far far far more easily brought to market. 90% or more less red tape to start with! If suitable, they should look for a partner to produce the creams and other carriers, to allow getting to the market as soon as possible. That would give them some revenues to fund expansion and development, plus good experience as well. It would also bring back investor confidence in that we would start to see a business taking shape underneath the great potential the Nanovircides have to offer.

Best of luck to all. A good friend’s wife just passed away from ovarian cancer. It was not a good scene. Enjoy every day and every moment you can. In the end, it is not the investment gains one made, or objects they acquired that hold any true value. All we really have is the present and all that really matters is our feelings. Regardless of what you think about NNVC, I am glad there are people out there that try to develop products that help reduce suffering. Which is better, to develop a drug that doesn’t make it or a phone app that doesn’t make it, or ones that do and/or show the way.

HS