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Re: JG36 post# 140719

Sunday, 09/09/2018 11:38:43 AM

Sunday, September 09, 2018 11:38:43 AM

Post# of 146291
Unless Diwan has significantly reduced his spending, they will be out of cash by end of November:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=140982062

If Diwan has instead increased his spending, then their available cash will go gone sooner.

There is no publicly available information what would allow one to say anything definitive about NNVC's current financial state, or predict how long they'll last, beyond extrapolating from their filings.

When the 10K comes out at the end of this month, it will report their available cash as of June 30, which will only tell us how much Diwan spent since March 31 when the company had around $8M in available cash (their available cash at that time had dwindled at a rate of over $1M/month since the 10Q filed previous to that).

A casual stroll through the lunatic asylum shows that faith does not prove anything. Friedrich Nietzsche

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