NanoViricides Inc. (NNVC)

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TO JG36 RE FRIENDLY BUYER

I was not referring to a buyer of the whole shebang but rather an existing shareholder with sufficient liquidity to support the stock price.

The current pattern to the buying is suggestive of machines (algos) doing it. In effect, they are performing a market-making function.

Since May buying interest has become exhausted at progressively lower levels. This is visible in the declining price peaks since May 31st. This is one sign that a break down is more likely than a break up. But until the market speaks I conclude the market is stuck in a zone of neutral sentiment.

I think it's fair to say that if the CEO letter had any really significant news to report the letter would have been published already. Either there is nothing to say or the news is not good and they reticent to report it. As I mentioned before, I believe it has already been written.

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