NanoViricides Inc. (NNVC)

[Trendliner]

There is no evidence that management has lied
There's evidence that that fell prey to the planning fallacy. Nothing more nothing less. They were over optimistic and that's a human failing in general. It is not one that only Seymoour and Diwan suffer from.

All the longs who bought at higher prices were "guilty" of the same cognitive error. And that includes me.

If anyone had definitive proof that management lied that would be fraud. There is no fraud here just over confidence and lack of ability - a condition that afflict only about 99% of all humans. The only group exempt from this error of those who suffer with a rather rare version of the Krugger Dunning Bias. It occurs is less than 1% of all survey people.

Trendliner