NanoViricides Inc. (NNVC)

[loanranger]

"That way, when NNVC goes bankrupt, Theracour has dibs on NNVC's only asset, the Shelton plant."
It's going to take a lot of years for the liability to TheraCour to build up to the point where a Court will allow them to take the plant to satisfy their debt.


"Stockholders will have no claim on anything whatsoever when NNCV goes tits up."
They rarely do in any case. Especially in a developing company.



ps re: "Theracour is making itself a creditor of NNVC."
On a month-to-month basis they always have been. In fact the current balance as of 9/30 is surprisingly low.