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Re: JG36 post# 140845

Thursday, 10/11/2018 3:42:30 PM

Thursday, October 11, 2018 3:42:30 PM

Post# of 146242
"I you look at their recent quarterly statements NNVC should have about $6 million in cash now."

I though that I had posted about this but I don't see it anywhere....
The "fact sheet" dated 9/5 said this:
"As of June 30, 2018, the Company had approximately $7.3 million in cash and equivalents, which is expected to be sufficient to fund tox package study of our first drug candidate."

Two comments:
It's obvious to me that they couldn't possibly have $6M in cash now.
That 6/30 Cash balance is plainly a product of the financial statements that the Company has yet to file. I'm not sure how proper it is to include it in a "fact sheet" during a period when the Company has otherwise failed to file its required current information.

But can it core A apple?
Yes Ralph, of course it can core A apple.

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